User:Robocoder/Ontario Real Estate

The Ontario Real Estate Association (OREA) doesn't cite references for all their "numbers".


 * Population
 * 2001: 11.9 million (Ontario), 9.66 million (urban, 85%), 1.75 million (rural, 15%)
 * Golden Horseshoe
 * 2005: 12.54 million (Ontario, 38.9%), 32.27 million (nationally)
 * Income
 * Housing - total dwelling units (single family homes), home ownership vs rental
 * Building permits (residential vs non-residential)
 * Internet use
 * 2003: Ontario 68.4% of households surveyed have Internet from any location, vs 64.2% nationally
 * Venture capital
 * 2005: Ontario firms receive $552 million of $1.829 billion invested nationally
 * Maintenance (repairs, alternations)
 * Improvements, capital expenditures
 * 2005: Torontonians spend $4.59 billion -- an increase of eight percent over 2004 -- upgrading and improving their homes according to the Greater Toronto Home Builders' Association and are expected to spend even more this year. (Source: CHBA and Will Dunning Inc.)
 * 2006-09-14: cooling US housing market and higher interest rates putting pressure on furniture manufacturing companies (Furniture Brands, Ethan Allen, Stanley) as consumers postpone or scale back purchases.
 * 2006-09-11: Retailers across the country reported decent to strong Labor Day weekend results. Aggressive promotions a factor. Cautiously optimistic for rest of year.
 * Interest rates, inflation, CAD to USD
 * see wdunning.com
 * Consumer confidence
 * 2006-09-13: Cash strapped

Criticisms

 * phantom offers (similar to dummy bid)
 * sold over asking (manipulation of MLS stats)
 * days on market (manipulation of MLS stats)
 * fluffing (lipstick/cosmetic vs underlying structure)
 * open houses (buyer client leads)