Note: We are updating our Indices for 2023 and will notify all subscribers of the updates as they go live. Some indices have been replaced so legacy accounts will need to be addressed accordingly. Use your standard contact assets to obtain further details.
RKRC Defined:
Our ability to time the market is based on the proprietary measures we have developed through the study of Canada's real estate market for 40 years. Our measures are designed to be used in conjunction with one another and have been aligned to ensure a reading of one measure in a given month is comparable to all other measures that we use for the same month. In combination any expected Change being recorded by one measure is recorded as an Effect in another.
We use over 100 unique data sources monthly from the broadest and most diverse sources to ensure all bases are covered multiple ways.
Quality - The Quality of a Home: is measured by changes to buyer demand throughout the wide range of components that make up a home's selling price
DOBT - Days Owned Between Trades Index: measures changes to the sales mix resulting from changes in the share of sales caused by first time buyers
DOD - Days of Demand: measures the number of previous owners who will be homeless unless they acquire another home (Immediate Demand)
TPPI - Traded Property Price Index: measures the change in quality of homes being traded
NPPI - New Property Price Index: measures the change in quality of Brand New never previously occupied homes being sold
RPPI - ReSale Property Price Index: measures the change in quality of Only homes that were sold at least one previous time
HSGI - Housing Stock Growth Index: measures the change in rate of growth of the housing stock
HBEI - Home Buyer Engagement Index: measures the change in "intentions" of first time home buyers to acquire a home
HOAI - Home Owner Activity Index: measures the change in "intentions" of existing home owners to acquire their next home
ASPG - Average Sale Price Growth Index: measures the change in the rate of growth in selling prices
ASPI - Average Sales Price Index: measures the change in average selling prices being recorded
SOS - Surplus Over Sustainability: measures the change in actual selling prices against what would be recorded under a standard set of market conditions
DOBT - Days Owned Between Trades Index: measures changes to the sales mix resulting from changes in the share of sales caused by first time buyers
DOD - Days of Demand: measures the number of previous owners who will be homeless unless they acquire another home (Immediate Demand)
TPPI - Traded Property Price Index: measures the change in quality of homes being traded
NPPI - New Property Price Index: measures the change in quality of Brand New never previously occupied homes being sold
RPPI - ReSale Property Price Index: measures the change in quality of Only homes that were sold at least one previous time
HSGI - Housing Stock Growth Index: measures the change in rate of growth of the housing stock
HBEI - Home Buyer Engagement Index: measures the change in "intentions" of first time home buyers to acquire a home
HOAI - Home Owner Activity Index: measures the change in "intentions" of existing home owners to acquire their next home
ASPG - Average Sale Price Growth Index: measures the change in the rate of growth in selling prices
ASPI - Average Sales Price Index: measures the change in average selling prices being recorded
SOS - Surplus Over Sustainability: measures the change in actual selling prices against what would be recorded under a standard set of market conditions
The primary use of each measure is as follows:
|
Trailing Indicators:
ASPI |
Coincident Indicators:
TPPI NPPI RPPI HSGI SOS |
Leading Indictors:
DOBT DOD HBEI HOAI ASPG |
RED means these are the most important measures of any housing market. When read in conjunction of where a Trading Cycle currently stands any real estate market can be timed to the month of change. They are our proudest achievement and the most valuable financial indicators in Canada.
