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
Picture
ROSS KAY REALTY CONSULTANTS
CANADIAN HOME BUYER REPORT
AUGUST 2019
National Market
Canadian Home Buyers Pay Less in August

​Burlington, ON, September 26, 2019 - Analysis released today by Ross Kay Realty Consultants (RKRC) show national home acquisitions recorded lower purchase prices being paid in August 2019.

HIGHLIGHTS:
  • National home purchases (trading day adjusted) declined 6.1% month-over-month (m-o-m) in August.
  • Home Buyers Rejected 84.6% of homes on the market in August.
  • Actual Homes removed from the market in August reached 10.1% higher than the 10 year average.
  • 72.6% of all Home Buyers acquiring homes in August paid less than the estimated appraised value of the year before.
  • The average sale price was skewed upward on lower prices being asked on single detached homes 
  • The Median Asking Price for a Canadian Home during August peaked above $400,000 indicating existing owners were looking to trade up. 

    Want the full Report?

    This report is intended for professional use only and while our consumer level market intelligence is derived from it the report contains information a consumer would have no reason to acquire. The report is available as part of our 12 month Home Buyer Report subscription which starts at $999 for the Canadian Special ( National, 4 Provinces, 4 Provincial Prime Markets ) and $4999 for our Canadian Complete ( National, all Provinces and 35 Provincial Primary Markets ).

    For those interested please indicate your interest below. Ensure you are sending from a Corporate email account and include in the comment section your intended use for the report. We will follow up on your request and provide further details. 
Submit
PLEASE NOTE: The information contained in this report combines both audited and unaudited transactional data from real estate transactions where the transaction became firm and binding in the month cited. 
RKRC states that average purchase price information is the most reliable in establishing trends over time and that the appraisal process used to determine change in home price values is solely reliant on this measure. Information contained in this report includes all buyer categories.

Ross Kay Realty Consultants 
Further information can be found at http://crea.ca/statistics.
SOURCE Ross Kay Realty Consultants
For further information: E-mail: rosskay@rosskay.com
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