TrREB INVENTORY: 60.35% of ALL TrREB INVENTORY is Freehold (& 39.35% is Condo et al) 23.12% of the Freehold Listings are in 416 and 76.88% of Freehold Listings are in 905 et al SALES in TrREB reporting area OF All TrREB Sales – 65.11% are Freehold (& natch, 34.59% are Condos+) OF All TrREB Sales…

INVENTORY IS LOW (off by 23-28% NEW LISTINGS — Pretty Close to Average — but they count the Terminate/Re-Lists every time and that’s a pretty common occurrence. Many times a greedy-pricer Underlists and Holds Offers (hoping to induce a Bidding War on a date 5-7 days in future) … but they List just a bit…

Kissed the 2019 line, but didn’t break through it SCHOOL YEAR isolates the $$ SURGE Highest Monthly Ave Price Ever — NB Feb’20 was 4th, and March’20 was 5th The Surges & Spikes REALLY SHOW on Ron Hauth’s line graphs starting in 2007 and in 1972

It’s a “V” … Makes the “Amazing Recovery” of 2008-09 seem a regular pattern 🙂 Too bad the Top 5 Junes didn’t get included … otherwise seems like HOT Market in June 12,794 in 2016, 11,992 in ’15, 10,955 in ’09, 10,451 in ’07 & 10,230 in ’11 Ron Hauth’s Famous Sales & Price since…

Don’t ask hard questions!! Annual TrREB Prices from 1969 with 1989 = 100 Same Data — but showing Both: Nominal & CPI-Adjusted Prices

Where are our TrREB sales being arranged? All over — but there’s a BIG rally in the EAST! WHAT about Price Differentials ? 416 vs 905 ON AVERAGE One Third of Sales are in 416 Averaging $1,022,138 (up ~12%yr/yr) Two Thirds of Sales in 905 averaged 15.25% LESS at $886,875 YEAR-TO-DATE similar ratios BUT.. by…

Supply, Demand and Consumer confidence Are the factors that affect R E Market The Choice to Lockdown the public succeeded because of a fear-of-death. Gov’ts encouraged that fear They made an error about transmissibility of SARS-CoV-2 and NOW must reverse course. They are afraid they will look stupid They might, but gradually EVERY Cdn will…