With real estate statistics, the most common comparison is straight-up year-over-year comparisons of actual numbers (e.g. May 2018 vs. May 2017). TREB has also increasingly been mentioning the Home Price Index ("HPI") and Seasonally Adjusted ("SA") numbers. And people are skeptical of them. I know I was skeptical about them too because they are calculated in a mysterious black box and we don't know what numbers go in there and how they do things. TREB is so biased that... [read more]

The population of Canada in 2015 was 35.9 million people¹. The number of REALTORS® nationwide is currently 115,000 (per Canadian Real Estate Association). That's a lot of Real Estate Agents. Going by that per capita rate, you would expect the Toronto Census Metropolitan Area (CMA) with its population of 6.13 million¹ would have about 19,700 REALTORS®. But there are currently (at time of writing) 45,000 REALTORS® per the Toronto Real Estate Board (TREB).... [read more]