How's The Market?

I get asked frequently “How is the Market?” and I often respond with general observations and stats that are a month old. This month I am tracking daily data from the official hotsheets for Oakville and entering key info on an excel spread sheet. Last November (2007) there were 260 homes sold in the month or 8.8 homes per day. This November there are 67 solds in the first 10 days or 6.7 homes per day. The point is that the market is healthy and sales have in no way dried up. We are selling homes! If the daily actuals venture far from the expected average then more investigation is required. In a marketplace where major values (stocks, currencies, oil) fluxuate wildly it is good to have a current answer to “How’s The Market?”
Cheers ..Doug Izon P.Eng. Broker, Century 21 Dreams Inc. http://www.EyesOnOakville.com 1-800-605-5909 doug@eyesonoakville.com

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2 responses to “How's The Market?

  1. I like your site. I am doing a similar thing for San Marino, California real estate, a small city outside of L.A. I am trying to see what others are doing so that I can improve my own work. Good luck!

  2. Thanks for the encouragement. Hopefully the US housing market is near bottom. Regards Doug

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