RossKay.com
  • About Us
    • Our Approach
    • Ross Kay Biography
    • Join Us >
      • Join
      • LTTPs
    • Contact Us
  • RKRC Measures
  • Realty 101
    • Realty Cycles Definitions
    • The Trading Cycle
    • Trading Stages
    • Net Worth and the Realty Cycle
    • HPI in Canada
    • QMI
  • Our Calls/Research
    • Calgary
    • Our Calls
    • Affordability in Canada
    • Research >
      • CDN Mortgage Originations (mthly)
      • Vancouvers Ponzi Scheme
    • AHPP/Canada BTN >
      • AHPP
      • Canada BTN
  • Right to Own
  • The Wealthy Homeowner™
  • Insights
  • New Cannabis Act
  • Canadian Home Buyer August 2019
  • 10KPrize
  • 100KPrize
  • DEBUNKED
    • DEBUNKED INFLATION
  • BC Press Release
  • Canada
  • Definitions
  • Monday August 15 2022
  • Inflation

The BIG FOUR - April 2016


Vancouver​

Subscribe Here:
Calgary

Unit Sales
Engagement: Declining
Acitivity: Heating
Absorption Rate: Decreasing
Trading Rate: Heating

(Readings included with Subscription)

DOBT:
increasing
Trading Cycle Stage:
Entry

Unit Prices
NPPI: 101.00
APP!: 101.00
​RPPI: 101.00

Equity at Risk:
​increasing
41.7%

Previous Cycle Call:
Contraction
Signaled: Apr 2014
Warned: Jul 2014
​Confirmed: Aug 2014
Validated: Dec 2014

Current Cycle Call:
Expansion
Signaled: Jan 2016
Warned: Mar 2016
​Confirmed: Apr 2016
Forecast Validation: Dec 2016

Intelligence and Insight
Calgary 30 days of April
Calgary home sales continued to heat up for the 3rd consecutive month and are on pace to go positive in December 2016.

Calgary as entered the early days of its new Trading Cycle but the sales mix is yet to chance because first time buyers are expecting further price decreases before they return to the market in enough numbers to be reflected in substantial average selling price declines.

While the market has entered this new stage the number of available first time buyers remains lower than when the last cycle began its run.  This time around, employment, migration and debt levels are in a far different place than they were back in 2011. 

The current market is now UnderSold where no existing home seller can really afford to buy their next home before having their own firmly sold.  Even successful sellers are looking at delaying their next purchase unless an extremely attractive buying opportunity appears on the horizon which could bode well for landlords who own higher quality homes purchased before 2011.

Calgary is benefiting from the normal intra-provincial migration that takes place when an economy is contracting drawing households from a province's marginal markets towards their prime.  This further assists the average selling price being reported in maintaining the illusion of price stability when on the ground real prices continue to fall.
Toronto

Subscribe Here:
Montreal

Subscribe Here:
Ross Kay
​HomeOwnership Advisors
Copyright © 2022 RossKay.com  All Rights Reserved.



Burlington, Ontario, Canada

House-Sitter Application
Picture
privacy policy I Terms of Use

©1987 – 2022 Ross Kay HomeOwnership Advisors



you have seen us on:
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
and many many more
  • About Us
    • Our Approach
    • Ross Kay Biography
    • Join Us >
      • Join
      • LTTPs
    • Contact Us
  • RKRC Measures
  • Realty 101
    • Realty Cycles Definitions
    • The Trading Cycle
    • Trading Stages
    • Net Worth and the Realty Cycle
    • HPI in Canada
    • QMI
  • Our Calls/Research
    • Calgary
    • Our Calls
    • Affordability in Canada
    • Research >
      • CDN Mortgage Originations (mthly)
      • Vancouvers Ponzi Scheme
    • AHPP/Canada BTN >
      • AHPP
      • Canada BTN
  • Right to Own
  • The Wealthy Homeowner™
  • Insights
  • New Cannabis Act
  • Canadian Home Buyer August 2019
  • 10KPrize
  • 100KPrize
  • DEBUNKED
    • DEBUNKED INFLATION
  • BC Press Release
  • Canada
  • Definitions
  • Monday August 15 2022
  • Inflation