Remove articles new-home-sales-hot-but-not-bubbly
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Days on market grow despite low inventory for existing homes

Housing Wire

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. We don’t have any housing bubble or overheated demand data, nor can we. million in October.

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Think US home prices are high? At least we aren’t Canada

Housing Wire

Home prices in the U.S. have been skyrocketing since 2020, however, I often like to remind people that no matter how crazy home-price growth is in America, at least we aren’t Canada. When it comes to home prices — and especially home prices compared to income — our neighbors up north are like Godzilla to our gecko.

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The 2021 housing market recap by Logan Mohtashami

Housing Wire

economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. Retail sales have been off the charts, job openings are at 11 million, GDP growth picked up big time and jobless claims hit a level last seen in 1969. We started the year with many pundits saying that the U.S.

Marketing 530
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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. million new and existing home sales combined. This type of sales growth — which couldn’t happen from 2008-2019, as I have often stated — is coming with a hefty price tag.

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What’s On Your Real Estate Mind For 2024? (Pt2)

Toronto Realty Blog

Any new developments? Very few listings have come onto the market, but more importantly, the pattern of behaviour I have established when looking at “new listings” is concerning. Well, what’s the first thing I do after I click on a new listing? Prices topped the list with Sales & Inventory ranking second.

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Where Do You Turn After You’ve Turned Down The Highest Offer?

Toronto Realty Blog

This week, an interesting article came out in the National Post: “The Great Real Estate Cool-Down Has Come” Danny Sinopoli. I follow pretty much every sport there is because I’m a stats junkie, and I keep a 200-page book of statistics by my bed which is what I read at night when I can’t sleep. It’s in there.

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October TRREB Stats: Condition Critical, Stable, or Fair?

Toronto Realty Blog

Sales are down, prices are flat, the sexy “bidding war” stories aren’t being told with regularity by newspaper columnists, and thus there’s nothing for us to get all riled up about. What does the media do with a market that’s not red-hot, that isn’t bordering on mania, and that’s debatably boring ?

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