September 2020 Forecast & Monthly report
Anybody want to bet what numbers will be for September 2020 month TRREB report?
And then we can compare it with official report, once it is released
My guess is:
1)Growing MOI.
a)Toronto Condos Apt MOI from 2.97 in August to 3.4-3.5 in September.
b)Toronto Detached MOI from 1.52 in August to 1.7 in September
2)Growing Active listings.
a)Toronto from 4564 Condo Apt listings in August to 5300-5400 in September, making it the all-time-high listings number for Toronto condo apt.
b)Toronto detached from 1675 listings in Aug to 1900-2000 in September, still fewer than a year ago
3)Moderately growing month-to-month price in Toronto
a)Detached in Toronto will remain with avg price $1.51M same as in Aug 2020
b)Condo Apt in Toronto price will actually go up from $673k in August to $680-$690k in September 2020
4)Moderately declining price in GTA overall month-to-month and growing listings
a) avg price in GTA will drop from 951k in August to ~945k in Sept
b)19k active listings total in GTA vs 16,7 in August
c)MOI 1.65 in GTA total vs 1.55 in August
Your turn
And then we can compare it with official report, once it is released

My guess is:
1)Growing MOI.
a)Toronto Condos Apt MOI from 2.97 in August to 3.4-3.5 in September.
b)Toronto Detached MOI from 1.52 in August to 1.7 in September
2)Growing Active listings.
a)Toronto from 4564 Condo Apt listings in August to 5300-5400 in September, making it the all-time-high listings number for Toronto condo apt.
b)Toronto detached from 1675 listings in Aug to 1900-2000 in September, still fewer than a year ago
3)Moderately growing month-to-month price in Toronto
a)Detached in Toronto will remain with avg price $1.51M same as in Aug 2020
b)Condo Apt in Toronto price will actually go up from $673k in August to $680-$690k in September 2020
4)Moderately declining price in GTA overall month-to-month and growing listings
a) avg price in GTA will drop from 951k in August to ~945k in Sept
b)19k active listings total in GTA vs 16,7 in August
c)MOI 1.65 in GTA total vs 1.55 in August
Your turn
