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The end of the rebound: Covid Weekly York Region Real Estate Market Update - May 2

Monday May 4th, 2020

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The volume metrics I was optimistic about have regressed pretty substantially. Even more surprising is that price seems to show some surprising resilience against the volume challenges in the market right now. I think this is a good thing, but I'm reluctant to give it too much credit right now as it seems to be evolving as a selection bias. Selection Bias in York Region House Price Growth The easiest way to visualize this is by evaluating the price rebound we've seen is to try to... [read more]

Covid-19 demands weekly real estate market reporting to understand the impacts

Friday Apr 10th, 2020

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I've been pretty inspired lately by some folks on twitter who I admire for their scientific approach to real estate. Almost all of them have started looking at data for their markets on a weekly basis, rather than a monthly basis. The objective of this is to figure out what's happening to the real estate market more accurately, so we can be anticipatory, rather than reactionary in our behavior towards the market. I've decided to follow suit and start reporting weekly data on... [read more]

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