Market Value KNOWLEDGE INTEGRA Lyrics

Market Dynamics KNOWLEDGE INTEGRATION

Notables

The Canadian economy, best described as a mixed economy, involves a cyclical mechanism.
Economic indicators can be broadly grouped under resource, business, and consumer categories.
Real estate has distinctive elements compared with other markets, e.g., fixed location and slow supply/demand adjustment.
Business cycles and real estate cycles, while generally similar, often differ in length and amplitude.
Overheated markets, bubbles, and corrections can significantly impact the economy as well as labour markets, investors, home owners, and other stakeholders in the real estate market.
Residential practitioners rely heavily on MLS systems, supporting data, and statistical trends.
Commercial practitioners also use MLS systems and supporting data, but also extensive brokerage research, government resources, and private consulting/reporting mechanisms.
Market dynamics have direct bearing on listing/selling activities in both residential and commercial specialties.

Glossary

Business Cycle
Canada Mortgage and Housing Corporation
Consumer Price Index
Economics
Market Bubble
Market Correction
Market Equilibrium
Market Indicators
Mean Measures of Central Tendency
Median
Mixed Economy
Mode
Overnight Rate
Real Estate Cycle
Statistics Canada
Unemployment Rate

Web Scans

The Bank of Canada

Canada Mortgage and Housing Corporation

Statistics Canada

Consumer Price Index Calculator

Ontario Economic Stats/Trends

Commercial Listing Service

Strategic Thinking

What specific local trends should I a___yze and who provides the most relevant information?
What information routinely appears in the local paper that can help explain market dynamics to prospective buyers and sellers?
What current supply/demand forces are affecting the local marketplace? Do they favour the buyer, the seller, or both?
At what stage in the real estate cycle are we now? What indicators confirm that fact? What impact does this have on my new career?
What market statistics does my employing broker (either currently selected or contemplated) provide?