Edge Realty Analytics

Equipping top Canadian real estate professionals with important data and timely insights to help them stand apart from the competition.

[Sam Cooper @scoopercooper]

Ortis is GUILTY on all 6 counts- meaning he assisted Hezbollah in Canada and globally essentially

[Sam Cooper @scoopercooper]

Some desperation seems to be surfacing. Actually the Ortis case points to some very deep seated and longstanding concerns in Canadian banking and FI and terror financing, expect to hear more from US nat sec community soon

[Edge Realty Analytics @EdgeREAnalytics]

Toronto is seeing a significant and counter-seasonal increase in inventory right now. Heavily skewed to 416 condos and 905 single-family.

[Edge Realty Analytics @EdgeREAnalytics]

Thanks John!

[John Pasalis @JohnPasalis]

Also, if you are in the real estate or mortgage industry, Ben’s monthly @EdgeREAnalytics report is a must read!

[Edge Realty Analytics @EdgeREAnalytics]

@HeiderKate @d_demelis @CondoChris Interesting. So you're saying you can sell a house anywhere in Toronto for what you could in, say, February, and the reported price declines are simply compositional shift? That's a new one.

cc @JohnPasalis @ronmortgageguy @PeterofRecord @danielfoch

[Edge Realty Analytics @EdgeREAnalytics]

Largest quarterly decline in 🇨🇦 avg house prices since the 1980s. 😬 Not a great sign, but plenty of reasons for optimism longer term. That and more in this month's Edge Report, now available to subscribers. https://t.co/Pdanva14SH

[Edge Realty Analytics @EdgeREAnalytics]

Toronto sales-to-new listings ratio is pointing to falling house prices on a year-over-year basis later this year if current trends persist.

Toronto outlook and full stats in the latest report. Sign up at https://t.co/Pdanva14SH

[Edge Realty Analytics @EdgeREAnalytics]

👀 Resale housing inventory across Canada is still only 1/2 of what it was at the onset of the pandemic, but the past 2 months have seen the largest increase in listings since 2010. Expect this trend to continue

[Edge Realty Analytics @EdgeREAnalytics]

"The solution to low prices is low prices"

Affordability arbitrage in the era of "work from home" will be a theme for years to come.

[Edge Realty Analytics @EdgeREAnalytics]

@TheZakharia @satvir_singh27 month end jan to month end feb

[Edge Realty Analytics @EdgeREAnalytics]

One month does not make a trend, but Toronto just saw the largest increase in MLS resale inventory from Jan-Feb in at least 15 yrs...and not just in % terms. Inventory rose by 2,800 from Jan-Feb, double the typical monthly build for this time of year. Something to 👀

[Edge Realty Analytics @EdgeREAnalytics]

@CryptoEcon_Li @globeandmail read the tweet again

[Edge Realty Analytics @EdgeREAnalytics]

@CryptoEcon_Li @globeandmail look at active listings

[Edge Realty Analytics @EdgeREAnalytics]

@satvir_singh27

[Jason Pereira @jasonpereira]

How low is RE inventory in Ontario?
80% lower than the 2010-2015 average.
So low that @BenRabidoux had to include “NOT A TYPO” in bold in his latest @EdgeREAnalytics report.

[Edge Realty Analytics @EdgeREAnalytics]

@Cityguytwits @d_demelis Volumes = unit sales x prices.

Yes, people can probably deduce that we had record volumes but it's different to actually see the magnitude and understand that it's now 50% higher than when regulators and policy makers freaked out in 2016-2017

[Edge Realty Analytics @EdgeREAnalytics]

How crazy was 2021 for home sales in Canada? Inflation adjusted sales volumes were the highest on record by a wide margin.

[Edge Realty Analytics @EdgeREAnalytics]

Population in Atlantic Canada just saw the biggest quarterly increase in 50 yrs in part due to strong interprovincial flows out of other provinces. How much of this is a housing issue?

[Steve Saretsky @SteveSaretsky]

@BenRabidoux Any realtor serious about their business should be subscribed to @EdgeREAnalytics