“Mail-it-in Friday?” Matthew asks.
(sigh)
This week was insane.
And as I sit here writing this at 11:55pm on Thursday night, I owe it to all of us to do a full dive into the newly-released stats. And that, sadly, will have to wait until Monday…
But here’s one stat that I find shocking:
The average GTA home price increased month-over month.
Only by 0.6%, but the increase wasn’t expected by a single real estate agent in the city, let alone the sellers, who all felt the market slow from September to October
Let me say this with confidence: not a single house in the GTA was worth more in October than it was in September.
And thus, the above stat makes no sense.
Have a great weekend, folks! See you back here Monday for the deep dive…
Marina
at 9:26 am
I’m curious to see the mix in the stats. Anecdotally speaking, I’ve noticed a shift in the listings in my area. There is almost nothing in the entry range ($1.4-1.7 semis). Everything is either detached, or huge semis over 2 mil. Curious if that’s more wide spread.
QuietBard
at 11:56 am
I was so giddy when I read “October TRREB Stats” until I read the rest of the headline….. Now don’t get me wrong, I’m used to getting gut punches from life. Just wasn’t expecting it from my friendly neighbourhood realtor blog.
David Fleming
at 7:48 pm
LOL
It was “one of those weeks.” I rarely leave you empty-handed…
Vancouver Keith
at 1:16 pm
Price follows volume. Tide is turning.