Category: Monthly

Well 2022 is history, so it’s time to wrap up how the year went in real estate numbers.   Last week we did our annual predictions, and if you haven’t already, please put in your predictions...

A million dollars is an arbitrary number and prices crossing that mark has no more significance than if they had crossed any other number.  However I couldn’t help noticing that in the November data the...

While the first couple of weeks in October passed very quietly similar to the month before, we saw a small increase in activity to complete the month.  Normally October sales are pretty flat from September,...

After fleeting signs of life in August, sales in September drifted downwards again across all property types.  The month ended with detached sales down 32%, townhouses down 49%, and condos down 62% from a year...

The year over year market activity figures were very poor in August.  Detached and townhouse sales were down 30% and 29% respectively from last August, while condo sales dropped a whopping 57% from last year. ...

July ended with 510 sales, a 20 year low and 30% below the long run average for this time of year.   New lists were up from last year but still 7% below the 20 year...

The final board figures aren’t quite out yet but we know enough to see how the market went in June.   It’s pretty clear that after several months of cooling the remainder of the froth has...

May brought a continued cooldown to the market, with the sales to list ratio actually approaching balanced market territory for the month, a sharp change from the extreme sellers market we saw this month last...

The slow cooldown in the market that we’ve been talking about for the past 8 weeks continued in April.  Many people will confuse “cooling” with “cold”, so I thought it was worth again explaining how...

If you look at the headline stats for the month of March, you’d have to conclude that the market remains as hot as ever.  Inventory was the lowest ever for a March, sales remained 9%...