Just the Overview 1969 TREB ANNUAL $ vis a vis CPI Inflation
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416 v GTA – SALES. In 2015 …Why didn’t “organized Real Estate” request +2% Uninsured B20 (& Ontario’s 16-at-once interventions)? Why did we prefer too-much, too-late?
Yikes! so many scattered dots – 905 is blue – and raging lines … (see subset below) Easier to view – Summary of Combined TREB Annual Prices -With CPI Inflation – Phases since 1969
416 vs GTA : PRICES – CN Tower ripple effect, 2% Originate-Syndicate Mortgages (in a 2% Inflation world), the Double LTT of 416 AND the List-Low/Sell High “MLS Game” ver 2.0 – Pre-Emptive Bid as SOP
Sales in 416 are consistently 40% of the TREB Total But this page is about The 2016-2017 Peak Owner-occupiers AND Spec’s were pushed-pulled OUTSIDE 416 by Lower Prices ($/sqft at greater km from CN Tower), 2% Financing that the Mortgage Originate-Syndicate business was dolloping out, the Double Land Transfer Tax of 416 and the intense…
The 10 year look at TREB results – featuring October 2018
Sales — Two Looks — Calendar and School Year – 2.82% above the 10 yr Average of 7709 Sales /October Inventory – 4.31% above the 10 yr October Average – NP NEW Listing (includes the double-counting of Terminates & Immediate Re-Lists – which (very subjectively) I THINK I saw an ‘extra measure’ of last month)…
TREB June 2018 thru Oct 2018 — HIGHEST Monthly Prices EVER – who’d a thunk it
who’d a thunk it —- TREB June 2018 thru Oct 2018 — were the HIGHEST Monthly Prices EVER for those 5 individual months —- Call to Research Dept – How many months (any month) had higher Ave Prices? (ie excluding the 4 we see here Feb, Mar, Apr & May 2017)
40% of Home Prices is Inflation (even at 1%-3% yr) –it’s a BIG Factor. Especially after ~18 years of compounding
What’s my house worth in 2000 money? – about 40.57% fewer CDN$
