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Mortgage Broker News | 05 Mar 2014, 09:48 AM Agree 0
One industry analyst is questioning how CREA reports its home sales data, suggesting his own analysis points to a less frenetically paced market.
  • Dave , Broker | 06 Mar 2014, 09:00 AM Agree 0
    Ross is totally CORRECT. CREA and TREB have been duping people for years. Just look at this below...

    TORONTO, March 5, 2014 — Toronto Real Estate Board President Dianne Usher announced that February 2014 home sales reported by Greater Toronto Area were up by 2.1 per cent compared to the same period last year. Total February sales amounted to 5,731 compared to 5,613 last year.

    Hmmm. Here’s the monthly report from one year ago:

    TORONTO, March 5, 2013 — Greater Toronto Area (GTA) reported 5,759 sales through the system in February 2013 – a decline of 15 per cent in comparison to February 2012.

    Check those numbers :) Do the math ....
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