What is a Realty Market?
The Realty Market is comprised of any and all residential homes that can be offered for sale at its owner's discretion during any twelve month window. It includes most owner occupied homes and some owner leased homes and some owner vacant homes.
The New Home market, the Existing Home market, the ReSale Home market and the Realty Market are four unique sub-markets that combined make up the Canadian Housing market. Where all four markets are unique they also intermingle and intertwine making study of one only possible when the other three are being taken into consideration and accounted for.
The Realty Market in Canada now exceeds 12 million homes and has been the focus of Ross Kay Realty Consultants research and study for more than 30 years. Measuring companion changes expected to be recorded between sub-markets allows a full vetting of any Realty Market intelligence to take place and why both short and long term forecasting of the Realty Market can be so reliable.
A Realty market functions along a single path which is unavoidable under the long standing and current structure of Canada's home selling infrastructure.