I wasn't referring to real estate data, all of which is highly suspect. I think we agree on that.
....all real estate data is sub optimal when you consider that all one had to do was open ones eyes and .....
1) Pop into an open house or two, and see what the buyer profile was like.
2) Take note that "for sale" signs on homes don't take long to get a SOLD sticker.
3) Talk to your buddy who is a busy realtor, and ask him/her who in the world was buying.
....all the information is there if you have your eyes open.
But you guys never relied on MLS data to make your call anyways. You guys had Teranet, F.I.T., Garth the barf Turner, and a host of other good data that was not from MLS, CREA, or any other biased industry source.
How come after all that analysing and naval gazing, the outcome was the exact opposite of the "good evidence"?
Now we have people like Tapioca and FuturePorscheOwner, just to name a couple of people, who bought when the buying was good and are getting on with their lives. While poor Rofina is getting shit kicked everyday cuz he essentially "barked up the wrong tree" and now he can't get into a house unless he rents.
So please tell us which data is reliable if you can, please?