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Year End TRREB Stats Outline: A Look Back At 2022 & What Could Be In Store For 2023
In our year end Stats Outline Report, we analyze the full year TRREB stats results and provide our outlook on what 2023 may have in store for the real estate and mortgage markets.
In section 1 of the report, we provide details analysis and commentary on the progression of average price and sales from 2020 to 2022. We organize our analysis into the following categories:
2020 – Uncertainty
2021 – Hyper Growth
2022 – Part 1 – The Peak
2022 – Part 2 – The Ride Down
2022 – Part 3 – Steady as She Goes
In section 2 of the report, we analyze the supply metrics for detached and condo property types heading into 2023 and outline key trends and issues that we expect will have the biggest impact on housing during 2023.
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