Market Trends in the Quinte Region - Ontario, Canada

Each month I post the average residential sales stats for our region using MLS data. This month I have started to provide a bit different analysis that goes beyond month to month variations and looks at trends that occur within what statisticians sometimes refer to as the "tube" of variation.

In other words, whether this month was a few points higher or lower than the previous month is not as important as seeing the general trend that occurs across months.

Think of a marble bouncing around in a tube. If you were to take a snapshot at any particular moment, the marble might be near the top of the tube, or at the bottom, or somewhere in between. That sort of variation is not as important as being able to see if the tube is generally heading upwards, or stable, or heading downwards.

My latest graphics are intended to interpret our market activity in this way.



For a clearer full-size graphic, and further information about these market trends, please visit

http://bobfoster.ca/real_estate_news.htm