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February 2021 charts: this post sold for over asking

Sunday Mar 7th, 2021

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In the blog last month, I was noting how December condo volumes all of a sudden spiked up and I investigated whether investors were back. (Spoiler: I thought they were.) This month, I'm going to double down on that and look at some of the same things as January's 416 condo sales numbers were record-breaking. This month I want to also highlight that I set up new charts (20 of them!) that are now responsive so you can hover over any line and find the year and the number... [read more]

January 2021 charts: Condos are hot! (Or are they?)

Tuesday Feb 16th, 2021

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In the blog last month, I was noting how December condo volumes all of a sudden spiked up and I investigated whether investors were back. (Spoiler: I thought they were.) This month, I'm going to double down on that and look at some of the same things as January's 416 condo sales numbers were record-breaking. This month I want to also highlight that I set up new charts (20 of them!) that are now responsive so you can hover over any line and find the year and the number for that... [read more]

November 2020 charts: are freeholds out of hand?

Monday Dec 7th, 2020

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Carrying on the narrative from last month, and the last several really, condos are still having a rough go of things, and freeholds are not. You'll find the full set of market charts (only excerpts are highlighted below) here on my website. Let's get at November... Freeholds are all caught up - and then some After the big 416 freehold sales hole from April (-65% YoY) and May (-62%) and even June (-12%), I would never have thought we'd be able to... [read more]

October 2020 charts: are condos on the skids?

Monday Nov 9th, 2020

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Carrying on the narrative from last month, condos are still having a rough go of things, and freeholds are not. You'll find the full set of market charts (only excerpts are highlighted below) here on my website. Let's get at October... Freeholds are all caught up It's pretty crazy to look back at that sales hole from April (-65% YoY) and May (-62%). Heck, even June was -12%. The sales transaction deficit bottomed out at the end of June, with sales 1,634... [read more]

September 2020 charts: are we caught up yet?

Friday Oct 9th, 2020

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The split in how freehold and condo markets are acting that I pointed out last month carried on into September. The normally sleepier months of July and August were making up for a lost spring, posting higher than normal sales due to "pent-up demand." Well September did the same with 416 sales transactions up 19% over the same month last year. If that sounds high, 905 sales were up 57% YoY, as lowrise housing is de riguer.  You'll find the full set of market... [read more]

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