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Housing Markets · Lesson 7

Reading your city's numbers

Home values, price ranges, sales pace and rents

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Reading your city's numbers

In this lesson

Read a city's housing numbers in Money Globe X: typical values and price ranges, sale-to-asking, months of supply, the market heat index, rents and vacancy, and share them as a report.

Key takeaways

  • The typical home value and its price range (lower, middle and higher-priced thirds) show what homes really cost.
  • Sale price versus asking: at or above 100% favours sellers; below about 98% buyers can negotiate.
  • Months of supply: under 3 tight, 3 to 6 normal, over 6 plenty of choice.
  • Canadian city numbers are the new-home index, starts, rents and vacancy; resale sales and listings need a board licence.
  • City numbers are metro-wide averages — a street or a single home can be very different. This is education, not advice.
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Educational information only - not financial advice.

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