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- Game Theory click here.  | Millionaires Rank in the World Click - Canadian Millionaires rank #2 by population in the World. Where they live?  Click here - Intro the Author of Blog Click here  - Get updating latest data of The million-dollar-plus price Club.

- The Canadian Millionaires' Club.

- How BIG is your Dream? How BIG is your Canadian Dream? Click here.  (Update: Jan, 2021)
- Become A Millionaire. Can you dream BIG? - Click here. (Update: Dec, 2020) -> "Explain why Toronto Home has paid already salary 150,000$ / year for 20 years" - Says A Scientist Professor -  " It doesn't matter How Much you Make. How Much you Have that counts". For Example, you made 50,000$ / year. But after spending, minus for Tax + Rent + Food + Car + Insurance, Phone, Living Expensive, Child Care, Travel, Debt... You Have 6000$ / year that counts. 6000$/year as example depends on each person spends. But you have to pay Tax, Rent, Food, Phone....
- Toronto Home Latest Summary Data for whole year 2020 in New Year Jan, 2021 - Click Here  
-> Update Summary Home Data 2020 in COVID-19 across Canada (Jan 20, 2021). Vote for The Winners based on Data not Mouth. Most Sales, Most Profit, Most Demand, A Million Dollar Home ...
- Invest Real Estate in Toronto Home Market for big profit. Don't love cheap. You Gain nothing. - Why? - A Millionaire Plan - Update Feb 12, 2021  Click here.
- Toronto Home Market February 2021 - New Year 2021 Beginning Home Data of Jan 2021 - Click here  -> See Calculation. Click - Update Feb 28, 2021
- Toronto Home Market August, 2021 - Click here  Latest Update Aug 8, Aug 10, Aug 11, Aug 12, Aug 15, Aug 17, Aug 20
- Toronto Home Market September, 2021 - Click here  Latest Update Sept 14, Sep 21 update Election 2021
- Toronto Home Market October, 2021 - Click here  Update Oct 6, Oct 9, Oct 14, Oct 16, Oct 17, Oct 27, Oct 28. 1) Why Sales Down but Price Up? 2) Ave Price & Salary Buy Home in 51 US States
- Toronto Home Market November, 2021 - Click here Nov 7, Nov 10, Nov 15, Nov 29.
- Toronto Home Market December, 2021 - Click here  Update Dec 6, Dec 9, Dec 13,  Dec 17 (Toronto Home Price reached 1st All-Time-High) Data for Month Nov, 2021
-> Income or Salary = 100,000$. Deposit: 100,000$. More Deposit better Loan. Reduce Interest Payment.
-> 1) How Much Home Price You Can Afford by Bank, Monthly Payment?  2) For Home Price = 1 Million Dollars, What Bank Required for Salary + Deposit? Click Here.
-> 3) Why Buy A Million Dollars Home, not cheap Home. 64K Question? - Because Big Profit Return. Real Estate is about Leverage (Loan Money Borrow from Bank with cheap Interest Rate).
Bigger Leverage is Bigger Return = The Power of Leverage -> Become Millionaire fast. Why? The Power of  A Million Dollars Home. Big Game. Big Money. Click Here.

- Toronto Home Market January, 2022 - Click here  Update Jan 12, Jan 16, Jan 17, Jan 23, 2022. Home Data for month Dec, 2021, End of Year 2021  
- Toronto Home Market February, 2022 - Click here  Update Feb 7, Feb 10, Feb 15, 2022 (Data For Jan 2022, Beginning Year 2022, Toronto Home Price reached 2nd All-Time-High) 
1) Why Sales fell But Price Up? 2) Why Toronto Home Price Ave A Million Dollars Home, But still a lot Demand? 3) Most expensive Home, Ave A Million Dollars Home in Canada and the World?
2) Why it takes Salary 200,000$ working hard 25 years to Save just for Deposit (Down Payment) to Buy Home in Toronto, Vancouver. Source: National Bank -> Answer in Important News this Blog Feb, 2022.
3) Today Buy Home different. Lending money, Bank wants your Info 1) Salary 2) Deposit 3) monthly Expense 4) Amortization? How much Salary? Click Here
- Toronto Home Market March, 2022 - Click here  Update March 8, March 10, March 12, March 17, March 19, 2022.
Headline This March: 1) City Toronto's Detached reached Ave Price 2M ($2,073,989) for 1st time in history. Surpass Vancouver. 2) Bank Canada raising  Interest Rate +0.25% to 0.5%. 3) Top 6 biggest Cities Canada
4) You Buy A Detached 2.0M, or Semi = 1.5M in City Toronto, Pay off 25 years -> See How much you pay monthly?
=> After 10y, 15 years you become Multi-Millionaire because Home increases over 10y, 15y, Detached = 5M, Semi = 4M possible. For sure 100%. Not 90% Start-up fail just few years.
Ask: If you don't Buy Home in Toronto, would you become Multi Millionaire (4M, 5M) after 10y, 15 years? Or 100 years, Generation to Generation work hard still Poor.
- Toronto Home Market April, 2022 - Click here  Update April 6, April 12, April 13, April 14, April 23 .
=> Understand Monetary Policy of Central Bank and Interest Rate to Curb (fight) Inflation from Economic perspective.
- Toronto Home Market May, 2022 - Click here  Update May 7, May 13, May 14, May 17, May 21, May 30 .
=> 1) What is happening to Home Prices since Interest Rate rising from 0.25% in Feb 2022 -> 1.0% now? - 2) Why Home Sales Down but Home Prices not Down? -> A 64K Question.
- Toronto Home Market June, 2022 - Click here  Update June 6, June 8, June 12, Jun 13, June 18 .
=> Become A Millionaire. Join in Canadian Millionaires' Club, your biggest Dream. How? - According to National Bank: Need Salary or Income 250,000$ / y work continuously 20y. See Blog.
- Toronto Home Market July, 2022 - Click here  Update July 9, July 12, July 14, July 15, July 18, July 23.
=> 1) Data shows Semi Detached City Toronto is always as same price as Detached Home GTA. 2) Is it High Home Price or High Interest Rate makes less Home Affordable? 3) Vancouver Home stable. Flat.
4) Buy Condos in Toronto (not Home): Your Salary $150,000 / year. Can Deposit $100,000. Living Expensive 1000$ / mo. How Much Condos Price Can You Qualify in City Toronto? (New Update)
=> A woman says: " My partner in Toronto said He bought a Condos. I follow your Blog. Now I understand that his background, job and salary he made. Impossible. He rents. "
=> A person says: " My partner bought a home. I don't know much about Home. Since I follow your Blog. Now I understand He bought 5 years ago with very small 5% down payment. Not 20% reduces 25y.  Thus we still have big mortgage, need working hard 9am - 5pm every day for 30 years to pay off mortgage. In Total 35 years Mortgage. A big difference between deposit 5% and 20% cost extra 10 years, cost few hundreds of thousands extra 10y interest payment. For example; a home 1 million dollars, 5% deposit = 50,000$, while 20% = 200,000$ = Buy 4x a million dollars home of 5% Deposit. He though Buy Home 5% Own Home (most low income) or 20% also Own Home. Same. Cost 50K Own Home as same as 200K Own Home -> Deposit 20% a BIG difference 150,000$ will reduce huge Cost of Interest Payment and years. Deposit less than 20% you also must pay extra cost Mortgage Insurance few hundreds dollars every month."
NOTE: Sales Representative easy sells Home Price 1 Million Dollars  with 5% Deposit 50,000$ pay off 35 years much easier than sell home 20% Deposit 200,000$, pay off 25 years. For example; A Home Price 1 million dollars. Mortgage Payment 5000$ / month. Buy Home 5% Deposit = 50,000$, cost extra 10 years of Interest Payment = 5000$ / mo x 12m x 10y = 600,000$ extra cost of Interest payment.
-> Answer: This happens every where. We give you Data. You just need to do the Math => People poor because lack of Knowledge and Data.
- Toronto Home Market August, 2022 - Click here  Update August 10. August 13, August 16, August 19, August 22, August 31 .
=> 1) More people, specially 1st time Home Buyers, can't Buy Home because of Interest Rate increasing, even Home Price decreasing a lot. Now turn in to Rent. This pushes Rent "on fire".
=> 2) Update US Detach Home Price in 50 US Sates as of August 2022. 3) Update Buy Condos in Blog July 2022.
- Toronto Home Market September, 2022 - Click here  Update September 10, Sep 12, Sep 14, Sep 18, Sep 22, Sep 24. .
=> 1) Home Buyers are back for the 1st time since Interest Rate increasing. 2) Toronto Home Prices steady. Home Sales Up 15% for 1st time since Interest hike. A Good Sign.
3) Why are there people like big Home Price and people who don't? - Depend on who. Unlike Car, after 10y Home gains value but car  = 0; 4) A True Story of Four Friends . Click Here.
5) How can you prove "The Richest Country" ? -> Use Data scientifically. 6) The Wealth Effect Theory #4) Salary helps Living Expensive. Home makes you Rich, Millionaire. Car makes you poor, Rent too = 0.

IMPORTANT NOTE: After Click Here jump, you click back arrow <-- web browser top left corner to come back.

The Wealth Effect Theory. Click  |  Author: A Canadian Scientist Professor. Life Experience: 30 y in City Toronto.
-> Started Life = 0. Alone, Self-support, No Privileges, Study, Make Ends Meet in big City, which helps him understand School of Life complicated Ups and Downs like Roller Coaster Rider.
-> The Wealth Effect Theory is Help people Make Good Decision, Make People Rich, Wealth. Become Millionaire, Multi-Millionaire.

-> Add Theory #13: What is Categorized as A Million Dollars Home, and The Power of A Million Dollars Home? (update Dec 2021, 25 y Amortization, Pay Off A Million Dollars Home)
- A Home is Categorized as A Million Dollars Home when its Ave Home Price >= A Million Dollars. Less than 5 Cities in tens of thousands Cities the World have Ave A Million Dollars Home
- How can we estimate that A Million Dollars Home in Toronto will double in 10 years? - We proved exactly. Click Here. (update Jan 2, 2022)
- 1) We use Einstein's Rule of 72 to estimate how long for an investment to double. 2) We also know Annual Rate of Return or Home Price Application in Toronto.
- Is it high price? - Home Price already high 20 years ago. Theory # 12. Click here. 2) Can We Afford ? Theory #8  Click here

- NOTE: A Million Dollars Home is Ave Home Price >= A Million Dollar Home not Home Price >= A Million Dollar Home. Both Price different.
- Every City in the World has Homes with Home Price  >=  A Million Dollar Home. But less than 5 in thousands of Cities with large population have Ave Home Price >= A Million Dollar Home
- To have A Million Dollars Home, this City must have 1) Large Population of Millionaires, hundred of thousands  2) A lot of Elites
=> So that they can support the Demand and continue the growth of A Million Dollars Home. See Theory #8 Wealth creates more Wealth. Click here

=> A Million Dollars Home, most expensive Home in Canada and in the World, less than 5 Cities in the World have Ave Home >= A Million Dollars:  (update Jan 17 2022)
=> Home Owner of A Million Dollars Home over 20 y, Buy Home with Deposit at least 20%, you are Millionaire.
=> Top 10 City's Most Expensive Housing In The World by Ranking. The First Top 5 Have Ave Home >= A Million Dollars Home.
1) Hong Kong 2) Vancouver 3) Toronto 4) Singapore 5) Shanghais 6) Shenzhen 7) Los Angeles  8) New York City 9) London 10) Paris

- The Power is: 1) After 20y you Become Millionaire even Multi-Millionaire, because A Million Dollars Home increases BIG value after 5y, Double 10y. 2) Big Profit (ROI).
- Toronto Ave Price = A Million Dollars Home -> Become Millionaire. Play Big Game. Big Money -> 25 y Amortization Pay off. How? What You Need? Click Here.
=> Buy A Million Dollard Home. Like Big Investors buy Stock big Price like Google 2,910$, Tesla 1,137$ -> Big Price Return Big Money Big Profit.
=> Theory #13. Easy way Become Millionaire -> Just Live in A Million Dollars Home -> Guarantee 120K / y Salary. Theory #5, #6. After 20y Become Millionaire, even Multi Millionaire.
=> Or Have Salary 200,000$ -> Work hard for 40 - 50 years Become Millionaire. Theory #6. A Story of Professor -> People poor because lack of Knowledge and Data.

-> Theory #9 ? Interesting  Click Here   - Theory #6 -> A Story: Professor Salary 120K - 150K after 20y working hard. Data by National Bank  -> Theory #8:- Wealth creates more Wealth.  Click here - 20 years ago, a person in City Toronto very high Salary (>= 50$/ hr) at least 100K bought 1 Detached Home and 1 Semi Detached Home with high Deposit 30% - How big is 100K Salary today? It is big. Today Canadian Public Employees or Government Employees in Public Sector have Salary at least >= 100K or 50$ / hr will be on so called "Sunshine List". - How Much Wealth did he generate after 20y?  (Theory #8) - You must live in industrialised developed countries like US, Japan, Europe, Canada, big city Toronto at least 30y to Understand. -> Why go back 20y? - Because Home Price 20 y ago in City Toronto, so cheap, Ave Price = 220,000$. Today 1.1M increased 5x, Detached 1.9M, Semi Detached: 1.5M. What kinds of Canadian Home Owners are Home Made-in Millionaire?   - Home Owners 's Home Ownership or Buy Home at least 20y and Buy Home at least 20% Deposit. Which is applied for only Home Owners of "A Million Dollars Home". They are: 1) City Toronto's Detached Homes 1.9M and Semi Detached Homes 1.5M. 2) GTA's Detached Homes 1.7M. 3) Vancouver's Detached Homes 1.91M -> You are Millionaire. - Buy Home less than 15 years since 2007 still Bank's Home, still continue pay mortgage extra 15 years. Because most people Buy Home contract pay off 30 years, Deposit less than 20%. Unless having high salary >= 100K like Professor, Doctor.   Millionaire = All Assets of Home (90% asset) + Car + Cash + Bank Account + Jewry + Gold ... - All Debts of Mortgage Debt (biggest) + Credit Card + Student Loan + Car Loan + Debts.. => Don't Forget Debts honestly. => You bought A Million Dollars Home in Toronto at least 20y (1999-2000) ago with at least 20% Deposit => You are Millionaire. You bought Home since 2010, still need extra 20y to pay off Mortgage Debt. Almost self-made Millionaires started life = 0, self-support. No inheritance. Vancouver, Toronto are Canada's Millionaires Club of Million Dollars Real Estate. Only 5 Cities in the World have Ave Home A Million Dollars. Update March 6, 2022 What is Ave A Million Dollars Home? Its characteristics: Home Price Ave A Million Dollars Home is different with Home Price >= A Million Dollars. Every City in the World has Home >=  A Million Dollars. But only 5 Cities in the World has Home >= Ave A Million Dollars Home. In Canada has 4 types of Home are categorized as A Million Dollars Home. Which are: 1) Detached Home in Vancouver 1.91M 2) Detached Home in City Toronto 1.9M 3) Detached Home in GTA 1.7M 4) Semi Detached Home 1.5M in City Toronto. Those types of Homes before Covid-19, 2019, were already >= A Million Dollars Home . 1) Big Price -> Big Profit, Big Return on Investment (ROI), Faster For example; Home like Stock, Big Google Stock Price 2600$ (March 6, 2022). 1 year increases 10% = 260$. 1000 shares Google, return profit (ROI) = 260,000$ /y. While a Stock Price 30$ increases a year 10% = 3$. 1000 shares, ROI = 3000$ / y. Thus, A year Google Stock return = 30$ Stock return 86 y. For example; Only A Million Dollars Home Return Big Profit in 1 year more than Detached Home in Texas, Ave = 247,210$, Florida Ave = 297,390$ return in 30 y. In 2022, Detach Home in City Toronto return $389,916 in 1 year. 2) Ave Return of Toronto's A Million dollars Home every year in last 20y: 6% -> 10%. Translate to Salary of 120,000$ -> 150,000$. See The Wealth Effect Theory #5, #6. Click here => Click back arrow <= Top Left of web browser come back here. For example; Home Data Jan, 2022 is Data of whole year End of Year 2021, City Toronto Detached Home returns 15% = $223,242 equal to Salary = $400,000, City Toronto Semi Detached 16% = $182,321 equal Salary = 340,000$, after minus Income Tax. -> See Data of Jan 2022 Last Month Feb, 2022, Toronto Home returns even bigger Profit Up 19.2% Profit = $305,013 = Salary 600,000$ after Income Tax. -> See Data of Feb 2022 3) Home Price Double in 7-8 years. It has been proven. 4) Easy to become Millionaire, multi-millionaire. Just live in A Million Dollars for at least 20y. - Warrant Buffet said: " If you don't find a way to make money while you Live or Sleep. You will work hard until you die."  People poor because lack of Knowledge and Data. Being poor  can't help yourself, family, friends, charity. Today, society, job, home, car, hand bags, phone ... every thing needs money, is measured by money. Not mouth. So that you can see the difference value. Otherwise not fair, blind, because good as same as bad, 1 Million Dollars Home as same as 100K dollars Home, 5$/ hr Job as same as 100$/ hr Job. Naive people, no brainers believe so, the same. That's why we use Money, Data to measure in order to see the different value. Having at least $100,000 dollars will tell people you are OK, middle class. People poor because they think money is not important. In US, average Home Price 350,000$. With $50,000, you can buy 1 home deposit 10% = 35,000$, pay off 30 years + 2 cars, each deposit 8,000$ pay off 5 years. Thus $50,000 = 1 Home + 2 Cars. I also Have Home + 2 Cars. So what is the problem? See: True Story of 4 Friends. Click Here => Only A Million Dollars Home Return Big Profit in 1 year more than Detached Home in Texas, Ave = 247,210$, Florida Ave = 297,390$ return in 30 y. In 2022, Detach Home in City Toronto return $389,916 in 1 year.

Scientist Professor D.Dang After graduated from prestigious McMaster University rank#4 in Canada, #80 Global, He started career as Professor in City Toronto. The beginning of change 20y ago from Poor Minimum Wage, Factory Worker 5$/ hr, 800$/ mo, 9,600$ / y @ 20y ago when Ave Price 220,000$ (now minimum wage 15$/ hr, Ave Price 1.25M) to Scientist Professor 50$/ hr, 110,000$ / y, including vacation pay, compensation, overtime, bonuses, benefits. He overcame a lot difficulties, challenges, and loneliness to advance career from a Factory Worker to a Scientist Professor. His 110,000$  Cheque  Currently, he lives in City Toronto. => People poor because lack of Knowledge and Data. A Toronto Home Owner said: "- That is why Scientist Professor D.D is pleasure to Explain and Make sense of Data for you. He shows us see far Housing, Properties, 90% Asset of Middle Class, from Local City Toronto, GTA include Map, to Vancouver, to other Canadian Cities, Provinces, then far Global to US, Europe (Click here), to the World. Then his Data Collection, Data Analytics, Data Calculation, Real Profit/ Lost (up 20%, how much?), Historic Data, Real Life Story, A Million Dollars Home, The Wealth Effect Theory ... opening our common eyes. We need Scientists are trained, make sense of Data became real, interesting, understand. Or else our common eyes see Data like dummy Data, like Mouth than Data. We have more Data than any online Media.". Update March 11, 2022 Click back arrow <= Top Left of web browser come back. How much Asset do you have now? - If you already have Asset more than 100,000$, you are a middle class. Congratulation. 1) To know a City that produces a lot of Millionaires, Scientist looks at Ave Home Price >= A Million Dollars Home. Obviously Grade 5 can understand, because 90% Asset of Middle Class is Home. 2) To Know a Person's Wealth, Rich -> Look at Home (has or not) and Ave Home Price that location. Don't look at "Mouth", Clothes, Car = 0 after 10y, Cash, Phone, Hand Bags, Body, Diamond, Photos, Mouth Blah Blah...  People have Home 10y since 2010, still 20y more pay off. See: True Story of 4 Friends. Click Here See: Ave Price & Ave Detached Home or Single Family Home in 51 States in US 2021: https://www.fool.com/the-ascent/research/average-house-price-state/ 3) To become Millionaire, you must have Income or Salary at least 200,000$/ y, and work continuously 40 years. Do you have that Income or Salary, and working 40 years in order to Become Millionaire? Source: National Bank says that: "Even you have Salary or Income 200,000$/ y, you must work 25 years just enough Saving for Down payment or Deposit to Buy A Million Dollars Home in Toronto." -> Thus to Become Millionaire may take 75 years saving with Salary 200,000$. See: The Wealth Effect Theory #5, #6. A Professor' True Story  Click here => Click back arrow (<=) Top Left of web browser come back. Back to school learn Data Science. Data speak the truth. Scientist used Data to prove Right or Wrong scientifically. CANDO = Collect Data, Analyse Data, Normalize Data, Design Data, Organize Data. You can also learn Data and Database: Collection, Design, Analyse, Management, Programming from Net.Office Database, designed and built and written manual by Scientist Professor D.D from left hand side this website. Net.Office Database: The 1st kind of Database that contains Photos, 1st Photo Database on market. => You apply this knowledge of Data Science into your Company, Business in order to manage information better.    Honesty #1.   A Scientist has proved that the same money you down payment or Deposit 20% to Buy Home in Toronto (detached or Semi Detached) 20 y ago, would have Return On Investment 2x more than same money you bought "good" Google Stock, And "keep it" 20 y ago. You also have a Home to Live, not waste money for Rent, not worry Stock Market ups/ downs, painful wait for stock come back. In last 20y Stock big crashed twice in 2000 (Dot.com bust, crashed) and 2008-2009 (Financial Crisis bubble crashed), not including many times Stock mini-crashed. Speaking in his own experience. => A Scientist Professor applied his background as Data & Computer Scientist + 30 years real Life Experience, Grow Up young, Live, Study, Make Ends Meet in Big City Toronto, his Home Town. Ave Detached Home or Single Family Home in 50 States in US as of Aug 2022: https://www.fool.com/the-ascent/research/average-house-price-state/  =>This helps people want to Buy Home in US from cheap State to expensive State. - You need Saving Money = 35,000$ for 10% Deposit Pay Off 30y, because Ave Home Price around 350,000$ most States of Detached or Single Family home, like Texas, Florida, Minnesota, Virginia ...+ Plus Salary 50,000$ = Salary of 2 Factory Workers ->  American Dream Home + Car possible.     Global News: " Vancouver, Toronto are Canada's Millionaires Club of Million Dollar Real Estate. Financial Post : "The million-dollar-plus price Club " To qualify : " Vancouver, Toronto Home Owners Buy Home Detached or Semi Detached at least 20y ago since 1999-2000 with at least 20% Deposit -> You are Millionaire in Canada's Millionaires Club. Welcome to The Canadian Millionaires' Club. If Buy Home since 2009-2010 and live in Vancouver, Toronto, you need working hard 20y more to pay off Mortgage Debt, and to join in Canada's Millionaires Club for 20y later."

-> Theory #7:- 90% of a person's Asset, Wealth is Home. Why? - Every thing lost value, money, car by Inflation, after 10y Car = 0, Rent = 0. Only Home increased value. That's why people Buy Home. 
- Since started career: At least 10 y Saving for Home Deposit, in Toronto 25 y Saving Deposit with Salary 200,000$ + 30y pay off Home = All In Money 40y for Home.  (Theory #7 update Nov 24, 2021)

-> Add Theory #10: Don't Believe TikTok ...- Add Theory #11: A Million Dollar Home? 
-> Add Theory #12: Why Home Price was expensive already 20 years ago? -> Old Question back 20y ago.

-> Add  Theory #13: A Home is categorized as A Million Dollars Home when its Ave Home Price >= A Million Dollars. Like Detached, Semi Detached Home in City Toronto.
Since Ave Home Price is used to compare fair, accurate Home Price between Location, City, Country, Global. - Why A Million Dollars Home does not happened to other Locations, Cities, Countries in the World?
This tells that this Location has a lot of customers as Rich Elite Millionaires who can afford A Million Dollars Home so that they are pushing its Ave Home Price >= 1-Million Dollars.

- A True Story of Four Friends Click Here :They live around the World in City Toronto, Ottawa, Texas, California. After 20 years 1) How Much their Asset? 2) Who became Millionaires? .
NOTE: Scientist used "Official Data" is Ave Home Price to Calculate, Measure and Compare Home Price at any Location, Global for fairness, scientific Data, accuracy. Not Mouth Data.
-> 3) What lessons do you learn? All Data used are "Official Data" in 2021. Problem of Mouth Data from 1st person = Mouse -> 10th person = Elephant. Not Official.
-> Ave Price and Ave Detached Home or Single Family Home in 51 States in US 2021: https://www.fool.com/the-ascent/research/average-house-price-state/

- Toronto Elite can afford Home in Toronto. Who are they?  Click here  A person is Elite if He/ She has 1) Wealth at least a Million dollars, Millionaire 2) Educated Unv Degree 3) Salary at least 100K or 50$ / hr. (past or present) Why Salary at least 100K is considered Elite? - Because today Public Employees or Government Employees have Salary at least 100K or 50 $/ hr on "Sunshine List".  For example; A Millionaire Politician, A Millionaire Doctor, A Millionaire Professor, A Millionaire Scientist, A Millionaire Business Leader is "an Elite". It must hold a disproportionate amount of Wealth, => The Art of Sales: You want to sell high end price of Rose, Car, Home, you have to find high end customers who can afford high end price. But if you will not find many of them where you live. Depend on Location. => Then you must reduce high end price to low end price in order to sell to low end customers. Thus Home Price Expensive or Cheap or A Million Dollars Home or A Million Dollars Rose does not depend on Big Home, Small Home, Beautiful Home, Beautiful Rose => But depends on Location where there are high end customers, Millionaires, Elites who can pay high end price, A Million Dollars Home.

The Wealth Effect Theory -> People poor because lack of Knowledge and Data. -> When still young, only 10 years 29 -> 39 should focus to Make Big, Make a lot Money. Data said most young people have car, condos, home, a lot of money, Millionaires in 29 - 39. IN 40S VERY HARD TO MAKE MONEY

- If any correction, we fix and let people know. Any comment, contribution, correction, send email to Blogger at: NetthruOffice @ gmail.com - Subject = Blog August ...
" This Blog by designed not only updates you Data of Home, but also helps you understand Property. We, Professional Scientist, tell the fact based on Data. It may make you feel Like or not Like. We don't use Data to make people happy. We don't work like that  against morality of a scientist, like Doctor. You can contribute by sending us email. We will fix it. Any information you don't like or may effect you, email -> We will remove right away, even correct. "

What Office software can do but not other software? 1) Office can work on multi-Devices VS. Other only iPad 2) Cloud Print VS. Local App Print = Print closed range in store's Pos printer only. Can't print order online, ecommerce order. 3) Customer self-take orders when in-store VS. Other software Can't. 4) All-in-one Office, only one App one software: For both Staff & Customer used for: Mobile Order, Order in Store, Order outside Store, Order online, E-commerce, Casher & Print receipt, Pickup/ Delivery, Shortest Distance, Order & Sales Management VS. Other software used by almost 95% of small Businesses, Restaurants just A big dummy Computer Cash Register *Stand alone* for Cashier to Register Orders & Print Receipt. Done. Staff & Customer Can't Take Order. Can't Mobile Order. Can't Take order from Mobile. Can't Take Orders Online. Can't E-commerce. Can't Manage Pickup/ Delivery, Can't Manage Orders Management. This tradition Cashier during COVID-19 is a big failure. One Office App runs on All 5 x Devices: 1) iPad  2) iPhone  - 3)Tablet  - 4) Android Phone like Samsung Galaxy 5) Windows Laptop.  => While 100 millions Company Vend iPad Pos & 90% iPad Pos on market run on 1) iPad only. As you see the cost to build 4 x extra App = cost support & maintain 4 x Apps = 4 x Cost Time & Money. Do you know Office Order Management OOM: Manage all Orders, pick-up / delivery. - Which order does not pick-up, not delivery yet, with a lot of orders hard to keep track. 1-click Map of delivery of that Order. Track & Measure shortest Distance Delivery of each Order closest distance in 10, 15, 20 orders on List from WHERE the driver's location. Save Time & Direction of Delivery. -> The shortest distance always changed and updating after each delivery and depend up-to-date location of driver. Human can't measure. Most Drivers can't find the shortest distance relying on their experience guessing when on the road. Very complicated software algorithm. OOM Calculate: Total Sales, Detail of Sales, Products, Detail of Order, Date & Time of Orders...  / day / week/ month. See top button [Office Slide Show] - OOM can always fix error in Orders after taken. From OOM Action =  Edit, Print receipt, Email, OPay = Pay by Pay Pal (one click Office Pay send Pay Pal to email this customer) NOTE: Vend is 100 millions dollars software company, few hundreds of software developers. So far, Investors invested 100 millions in Vend Internet Company. It received 20 millions USD from Peter Thiel’s Valar Ventures and Square Peg Capital. https://blog.vendhq.com/post/64901824985/vend-raises-20m-funding-round-co-led-peter-thiels-valar-ventures-square-peg-capital. Recently, Vend Pos also received many other funding: 9 millions, then 13 millions, 60 millions, and many other rounds. Investors invest in Software Company Vend Total value 100 millions. https://pitchbook.com/newsletter/vend-secures-9m-investment. Contact Office: We deliver Office software thru local Consultant world wide. They are also professional software Developers. So that they can help you Modify, Technical Setup, Training. Contact your local Consultant. We give away 100 Office software to businesses that are affected by COVID-19. Total value around 250,000$. A business owner said: - COVID-19 affects alot on small businesses. Today, we need to be smarter :  "Smart business, Digital, fast & efficient, large scale, reach out customers every where online, in-store, mobile" in order to survival in new normal COVID-19 Social Distancing. Office helps us to manage smart business better online, in store, pick-up/ delivery, In store Order, Online Order, Cashier Register, Order Management, Mobile Order, E-commerce Order All-in-one Office System. Good bye Cashier Machine only doing Cash Register. SUPPORT FOR EARLY-STAGE BUSINESSES " - We've heard from a number of start-ups and tech firms that are unable to access support programs because they don't yet have revenue or are in the early stages of development and are particularly vulnerable to the impacts of COVID-19. Innovative, early-stage companies that are unable to access existing COVID-19 business support are now able to apply for funding under the National Research Council of Canada's Industrial Research Assistance Program. " This message from a MP (Member of Parliament Canada) we want to share with start-ups, early-stage companies. - Canada opens to Canadian Scientists of all kinds of backgrounds, and provides them same access to equal opportunity, and their contribution to society.

- Office Mobile, Office Mobile Commerce Take order in store, out store, online & Cloud Print receipt - Office Take Order use Tablet, iPad. -> Server need to clean carefully tablet's surface, whole Tablet. Clean every page of Menu, paper, after customer used for next one. Else not safe for both staff & customer. A lot Time. -> Phone better. - New Reality Pickup & Delivery - Office Mobile Order = Drive Thru & Office Order Management to order & Manage Orders. New reality Customers don't want in store, Social Distancing, which creates Smart Business -> All-in-One Office.

A big dummy Computer Cash Register *Stand alone* -> Can park into a Mobile Cashier smartphone - [Office Slide Show] -> Big Dumb & Useless NOTE: Need smart Business, smart employees to adapt in COVID-19 time. Else  no profit, no safety.-> Only the smart business can survival ------------------------ - All-in-one Office: Mobile Order, Tablet & Mobile Cashier, E-Commerce, Office Card, Self-Order, Office Order Management, Cloud Print, Pickup/ Delivery, Shortest Distance, Multi-Devices ...

Update September, 2022

Global News: " Vancouver, Toronto are Canada's Millionaires Club of Million Dollar Real Estate. Financial Post : "The million-dollar-plus price Club " To qualify : Vancouver, Toronto Home Owners Buy Home Detached or Semi Detached at least 20y ago since 1999-2000 with at least 20% Deposit -> You are Millionaire in Millionaires' Club. If Buy Home since 2009-2010 and live in Vancouver, Toronto, you need working hard 20y more to pay off Home Mortgage Debt, and to join in Canada's Millionaires Club for 20y later. - OR - To save 50,000$ / y or 20% of Income, you need Income or Salary 250,000$ / y, and Work continuously 20 years. After Tax (41%, high Income high Tax) + Rent = 70%. You have 30% for Living Expensive (10%) (Grocery, Phone, Car, Child care, Insurance, Shopping, Restaurant, Misc Fees, Travel, Debt...) + Saving (20%, best saving). Source: National Bank. -> Welcome to The Canadian Millionaires' Club.

The Millionaires' Club

Dear; How big is your dream? -> In Canada's Millionaires Club, the biggest dream. Need working hard 20y. Home is not only a place to live, but also a biggest investment of your life, 90% asset of Middle Class. Warrant Buffet: " If you don't find a way to make money while you live. You will work hard until you die " Read Blog. We talk Data, Official Average Data, not Mouth. We use Ave Data of properties have been SOLD any where in Toronto, real number not "mouthful Data", not Listing Price, not he said, she said. We don't pick up "special area" like very expensive Downtown City Toronto to represent for a whole Toronto. Most advanced Cities in the world update Housing Data every month like Toronto, Vancouver, so that people can up-to-date the current housing market situation, protect themselves from disinformation and manipulation from mouthful data.

Home Data last month August 2022 was released in September 2022 Interest hikes, thus high borrowing cost to buy home, Home Sales decreased -34% compare to August 2021, plus also seasonal summer slow, people go vacation. 1) City Toronto (phone code (416), See Map), July 2022 Ave Price = $1,031,979 dollars.   NOTE: Ave Price = Ave all types of properties combined have been SOLD this month = Ave of Detached + Semi + Town Home + Condos = $1,031,979 The difference in words used. Ave Price = Ave All Properties. While Ave Home Price = Ave Detach Home only. For example; Ave Price of All Properties in City Toronto = $1,031,979. Ave Home Price (Detached) California = $816,804. NOTE: Data said so, not Mouth, not he said, she said, not Home in expensive areas, but anywhere in city. The most expensive Home Price in 50 US States is California Ave Detached as of August 2022 is: $816,804 dollars. Ave Detached Home or Single Family Home in 51 States in US as of August 2022: https://www.fool.com/the-ascent/research/average-house-price-state/. 2) GTA (Greater Toronto Area, (905), See GTA Map), Ave Price = $1,079,500 NOTE: Ave Price = Ave all types of properties combined have been SOLD this month = Ave of Detached + Semi + Town Home + Condos = $1,079,500 NOTE: Usually before COVID, GTA Detached is as same price as Semi Detached of City Toronto. Only in 2021, during COVID-19, Detached Home GTA more price than Semi City Toronto, because a big exodus of people moved out the City Toronto to suburban GTA. They were working remote from home, looking for more spaces. Now City Toronto back to normal. People back to the city, back to offices. Now Semi-Detached Toronto as same price as Detached Home GTA. GTA back to normal price.   In Canada, only 4 types of Home are categorized as " A Million Dollars Home " are: 1) Detached Home Vancouver 2) Detached Home City Toronto 3) Semi Dethatched Home City Toronto 4) Detached Home in GTA.  Semi Detach Home in City Toronto and Detach Home in GTA = The same Average Price. A Million Dollars Home returns profit (ROI) Big because its Average is Big. For example, a Detached Home City Toronto Ave 1.9M returns 10% each year =  190,000$./ year (equal to Salary 350,000$ / y after Tax). While a Home Ave 350,000$ returns 10% = 35,000$ / year. Semi Detached Home in City Toronto its Ave = 1.5M  when Price increases just 10% compare to last year 2021, ROI = 150,000$ / year (equal to Salary 250,000$ / y after Tax). This is main reason people invest big money to buy "A Million Dollars Home". Every city in the world has Home that Price greater >= A Million Dollars. But only 5 cities in the World have Home Price Ave "A Million Dollars Home" for a whole city. NOTE: Profit or ROI (Return On Investment) is calculated based on its Ave Price.   3) Vancouver Home Market's Home Price in August 2022 (Ave Home Price #2 in the world). -> 3rd Largest City's Population 2.26M, after Toronto, Montreal in Canada.  Cities in US & Canada, Toronto 9.6M 1st largest , New York City 2nd 8.7M, Los Angeles 3rd 3.9M, Montreal 4th 3.5M, Chicago 5th of 2.7, Houston 6th, 2.29M, Texas, Vancouver 7th, 2.26M . It is Film, Tourism, Travel Industry, University British Columbia #2 in Canada, Univ Toronto #1 in Toronto, Province British Columbia. => Currently post COVID-19, Ave Price of Properties in the world has been decreased because of hike Interest Rate, high Inflation. - Ave Price = $1,180,500 - Home Price Up 2.2% compare to last year July, 2021 $1,176,600 NOTE: Ave Price = Ave all types of properties combined have been SOLD this month = Ave of Detached + Attached Home + Condos = $1,180,500. Ave Price, not just Detached Home, is used to compare Price of all types of Properties around the world. 4) Canada Capital Ottawa Home Market in August 2022 (After Vancouver #1, City Toronto #2, GTA #3, Ottawa #4 Home Price). The city of Ottawa is the 6th largest in Canada has 1,423,000 residents after Toronto #1, Montreal #2, Vancouver #3, Calgary $4, Edmonton #5. Most of then are Government employees. In recent 2022 University ranking, University of Ottawa ranking #7 in Canada, #162 in the World. McMaster University  #4 in Canada, #80 in the World. - Ave Price = $635,585 (lower than its peak in March 2022 = $757,230). A monthly decline of 1.6% and a 4.7% year-over-year increase. - Ave Detach Home = $707,212. Price Up 5% compared to last year July 2021. Price Down - 1% declines from last month July 2022. NOTE: At peak Ottawa Detached Home = $853,615. And Condos = $ 479,405 Ave Detached Home of Washington as of August, 2022 = $640,494. Last year August, 2021 = $519,552. US Washington State is #4 Home Price in US after Hawaii #1, District Columbia #2 (Washington DC, US Capital), California #2. - Ave Condos = $421,966, Up 14%, Compared to last year July 2021. And Price Down -1% compare to last month. NOTE: A Semi Detach Home City Toronto can buy 2 x  Detached Home in Ottawa. Home Price depends on Location, Location, Location, not small Home, big Home, beautiful Home. 5) Ave Detached Home or Single Family Home in 50 States in US as of August 2022: https://www.fool.com/the-ascent/research/average-house-price-state/. 6) Canada National Ave Home Price in August 2022 released in mid-month. Soon ... The actual national average home price was $629,791 in July 2022. Important News (Short, easy understand, and Data scientifically. Not Mouth) 1) Good news. Home Buyers are back. Home Sales Up 15% from last month July 2022 for the first time since Interest Rate increasing. As buyers returned to the market to take advantage of prices that have been decreased. And Rental Market is Up a lot. So Buy Home better than Rent. 2) Good news. Toronto Home Prices steady in August. Not decline like few months before. Where? -> Ave Price. - That was a lithe change from previous July 2022. Augusts' price level represented some stabilization after a five-month down trend. -> So this could be a sign Home Market begins stabilization. That's why Home Market reacts in advance a good sign. Good News -> According to BNN, Toronto Home Prices steady not down from its record high. You can see Ave Price of All Properties not changed. That's why Home Sales increasing 15% for the 1st time. Home Buyers are back. Buy Home Now or You will never. 3) Why are there people like big Home Price and people don't? - Home like Car, Handbag.. Depend on who you ask. - People like driving 300K Lamborghini because 1) They can afford. 2) They want to show their social status, rich, success, high end career. - While other people don't want, can't drive drive Lamborghini because They can't afford. They said Lamborghini and Toyota both drive me to work. After 10y both car become worthless, 0. Asset: When you spend money to buy. After few years, it gains value like Home. Liability: When you spend money to buy, after few years, it losts value, even = 0, like Car, Phone, Hand bag. - Home unlike Car, after 10y Home gains value, car = 0. People want to buy "A Million Dollars Home" because 1)  They can afford. 2) They are rich, success, high end job. They have better knowledge, investment. 3) Bigger Home Price -> Bigger Return On Investment (ROI) : " Home is not only a place to live, but also a biggest investment of your life, 90% asset of Middle Class. Bigger Home Price -> Bigger Return On Investment." That's why Ave Home Price small, such as, 350,000$ -> 10% increase = 35,000$ / year, has small Home Price increase. For example; Usually Housing Market returns 10% a year. Thus Detached Home City Toronto Ave 1.9 M returns 190,000$ (same Salary 350,000$ / y after tax), and Semi Detached Home City Toronto Ave 1.5 M returns 150,000$ (same Salary 250,000$ / y after tax) The Wealth Effect Theory #4) Salary helps Living Expensive. Home makes you Rich, Millionaire. Car makes you poor, = 0. Rent makes you poor, = 0. - While people low income, lack of "Knowledge and Data", they don't want big Home Price, "A Million Dollars Home" because 1) They can't afford because of low income, not high-end job. 2) They lack of knowledge and Data. They think simple that Home is just a "Place to live". Why need expensive Home. So they choose location cheaper home price. We have told you story that 4 Immigrants who choose different place to live. After 20 years, they have different financial result. One became millionaire because he lived and bough Home in City Toronto. A True Story of Four Friends Click Here. Why "A Million Dollars Home" ? Unlike Car, you buy 300K Lamborghini, after 10 years, it lost value. But you Buy "A Million Dollars Home" because: 1) You can afford. 2) You are success, rich, wealthy, high class, Millionaire, high-end career 3) Big Price -> Big Return On Investment. Important. Usually Housing Market returns 10% a year, not Double. Thus Detached Home City Toronto Ave 1.9 M returns 190,000$ (same Salary 350,000$ / y after tax), and Semi Detached Home City Toronto Ave 1.5 M returns 150,000$ (same Salary 250,000$ / y after tax) . The Wealth Effect Theory #4 - Lamborghini 300,000$ dollars. Only rich, wealthy, high class can afford. 4) How can you tell and prove "The Richest Country" in the World?  - Scientists Talk by Data not Mouth. -> Scientist look at " The Richest Middle Class" to prove " the Richest Country in the World". To prove you need to use The Wealth Effect Theory #7 by based on "Ave Home Price" of a country because 90% Asset, Wealth of Middle Class. From Data, Data & Computer Scientists can see far, its relationship with other things, other objects. Then build Models, forecast future. Based on Data, then Data Modeling, Software is designed and built this way. While... People without "professional train in Data", even access a lot of Data, they see Data like dummy, do not understand. They dislike Data, like "Mouth", easy Human Feeling & Emotion, easy said, exaggeration. The Wealth Effect Theory is based on Data -> Then built on Data Modeling -> Then Forecast. For example, People PROVE which country is "The richest Country in the World" in the world? - Japan, US, Europe?  -> People have different ideas. Some said: They eat & drink a lot. Some said: Even Factory Workers can afford car, have car, drive car to work. Some said: Good Benefit, Free Health Care, Free Education. Some said: GDP/ Capital. Some said: A lot Millionaires. Some said: Look at their rich Life Style and Living Standard. Some said: The country richest in G7 (US, Canada, Japan, Germany, UK, France, Italy is the richest country. => Scientists look differently. They base on Data: 1) GDP /  Capital 2) Ave Home Price (more accuracy) because 90% Asset of Middle Class => They come to conclusion: It is Canada. 1) GDP/ Capital 2nd in the World, according to The World Bank. But this Data most important: Ave Home Price of the whole country, Canada #1, based on Data from OEDC forecast Home Price in 20 years since 2000, not few years, Canada Housing growth in richest developed countries in the world. => See Richest Countries' Housing Price Data Click here.  According to OECD = Organisation for Economic Co-operation and Development - Why not GDP/ Capital? - The Wealth Effect Theory #4 said " Salary helps Living Expensive. Home makes you Rich, Millionaire. Car makes you poor. Rent = 0." GDP/ Capital means Income, Salary / person (not Middle Class) of a country. Salary or Income doesn't make you rich -> Because different country has different Living Expensive. 100K salary in California is as same as 50K in Texas. Scientists look at their Asset, their Wealth. The Wealth Effect Theory #7 said " Home has 90% Asset of Middle Class" -> From this Data, Scientists can said that: Canada is the richest country in the World. - But why "The Richest Middle Class"  is "The Richest Country" - Because in developed countries, The Middle Class, millions of them, 60% - 65% population, combined their Asset, their Wealth in "Trillions dollars" richer than  Asset, Wealth of Millionaires +  Billionaires combined only in "Billions dollars".  There are 53 Billionaires in Canada of 38M population, total wealth = 100B dollars. => Capitalism is based on the Middle Class, the Foundation of Economy, the most Consumer Spending, 65%-70% Economy. From "The Richest Middle Class", Scientists used Data Relationship -> The Richest Country in the World => See OECD rich Developed country's Housing Data Click here. (click web browser <- back arrow to come back here). See also A True Story of Four Friends Click Here. => So Scientists don't use "Mouth" speaking from tongue to prove, argue. Because easy "biased", based on Human "feeling", "emotion". -> But they use Data "un biased", fact, "no human feeling" to prove.

5) Back to school learn Data Science. Data speak the truth. Scientist used Data to prove Right or Wrong scientifically.
CANDO = Collect Data, Analyse Data, Normalize Data, Design Data, Organize Data.
You can learn Data and Database: Collection, Design, Analyse, Management, Programming from Net.Office Database, designed and built and written manual by Scientist Professor D.D from left hand side this website. Net.Office Database: The 1st kind of Database that contains Photos, 1st Photo Database on market.
=> You apply this knowledge of Data Science into your Company, Business in order to manage information better.




We track Toronto Home Market for you. Buy or Not is your job.

=> A Canadian Scientist Professor applied his background as a Data & Computer Scientist + 30 years real Life Experience, Grow Up young @ 18, Live, Study, Make Ends Meet in Big City Toronto, his Home Town

We continue updating more Data soon ...

Update August, 2022

Update July, 2022

| 

Update June, 2022

Home Data last month May 2022 was released in the beginning of June, 2022
1) => In City Toronto, May 2022 Home Data Ave Price = $1,233,748 dollars. Compared last year May 2021 = $1,117,457.
NOTE: Ave Price = Ave all types of properties combined have been SOLD this month = Ave of Detached + Semi + Town Home + Condos = $1,233,748
- City Toronto (416, See Map), Detach Home = $1,914,890. Price Up 11.5% Profit = $198,618 compared to last year May 2021 = $1,716,272
- Semi Detach Home = $1,426,273. Price Up 7.5% Profit = $100,120  compare to last year May 2021 $1,326,153
- Town House = $1,045,874 Up 10.4%, Profit $99,981, Compared to May 2021 $945,893
- Condos = $793,124, Up 10.5%, Profit $76,148, Compared to May 2021 $716,976
NOTE: Detached Home of City Toronto is winner, big profit = $198,618.
Detached Home of City Toronto in Dec 2020 Ave =$1,475,758,  in Jan 2021, Ave = $1,581,400.

2) => GTA (Greater Toronto Area, 905, See GTA Map), Ave Price = $1,212,806, last year May 2021 = $863,563.
- GTA, Detached Home = $1,432,951. Price Up 7.8%, Profit = $101,775 Compared to last year May $1,331,176.
NOTE: As same as Semi Detached City Toronto = $1,426,273.  Last year, GTA Detached = $1,331,176 as same as Semi City Toronto = $1,326,153.
At highest price on record, Detached GTA = $1,727,963. Because during COVID-19, a big exodus of people moved out the City Toronto to suburban GTA. They were working remote from home, looking for more spaces. Now the City Toronto back to normal. People back to the city, back to offices.
Usually before COVID, GTA Detached is as same price as Semi Detached of City Toronto.
- GTA Semi Detached Home = $1,044,443. Price Up 14.1% Compared to last year May 2021
- GTA Town House = $958,558 Up 13.8%, Condos = $722,601, Up 19.7% Compared to last year May 2021

3) => Vancouver Home Market's Home Price (Ave Home Price #2 in the world).
-> 3rd Largest City's Population 2.26M, after Toronto, Montreal in Canada.  Cities in US & Canada, Toronto 9.6M 1st largest , New York City 2nd 8.7M, Los Angeles 3rd 3.9M, Montreal 4th 3.5M, Chicago 5th of 2.7, Houston 6th, 2.29M, Texas, Vancouver 7th, 2.26M . It is Film, Tourism, Travel Industry, University British Columbia #2 in Canada, Univ Toronto #1 in Toronto, Province British Columbia.

- Ave Price = $1,261,100 (same Toronto) - Home Price Up 14.7% compare to last year May, 2021 $1,172,800
NOTE: Ave Price = Ave all types of properties combined have been SOLD this month = Ave of Detached + Attached Home + Condos = $1,261,100.
Vancouver Ave Price is as same as Toronto Ave Price telling that although Detached Vancouver more than Detached City Toronto, but for all prices of properties including Detached, Attached, Condos Vancouver is as same price as Toronto => Overall, Ave Price of all Properties Vancouver is as same Ave Price as all Properties Toronto
For example; To compare Housing Price in Singapore with Toronto, we use Ave Price Singapore (not just Detached) compare with Ave Price Toronto, Ave Price Vancouver.
=> Currently post COVID-19, Ave Price Vancouver #2 in the world, only after Hong Kong #1.
- Detached Home: $2,093,600 - Price Up: 15%  compare last year May, 2021 $1,800,600, Sales Down: - 44.1%
- Attached Home: $1,141,200 -  Price Up 25.1% compare to last year May, 2021 $936,300, Sales Down: - 40%
- Condos: $779,700 - Price Up 15% compare to last year May, 2021  $737,100, Sales Down: - 35%

4) => Canada National Ave Home Price in May 2022 released in mid-month. Sales Down - 21.7% compare last year. (update June 18)
National Ave Home Price $711,000, Price up 3.4% compare May 2021. Including all Cities and Provinces.
-> Ave Price and Ave Detached Home or Single Family Home in 51 States in US as of August 2021:
https://www.fool.com/the-ascent/research/average-house-price-state/  =>This helps people want to Buy Home in US from cheap State to expensive State.
- You need Saving Money = 35,000$ for 10% Deposit Pay Off 30y, because Ave Home Price 350,000$ most States of Detached or Single Family 
like Texas, Florida, Minnesota, Virgina ...+ Plus Salary 50,000$ = Salary of 2 Factory Workers
In California Ave Detach = 700,000$ as of August 2021 (real price could 1.2M), need Income => 100,000$ / y to Buy Home.
- National Average is influenced a lot by Toronto, Vancouver. If take away both Canada Average Home Price = $588,500
- Canada National Average Home Price is a good indicator of Housing Market across Canada, also US Housing.

Important News
1) The worse Canada Home Market was the bubble in 2008 -> 2010. But no impact on Ave Toronto Home Price.
- 2007 Ave = $376,236, 2008 Ave = $379,347, 2009 Ave = $395,460, 2010 Ave = $431,276, 2011 Ave = $465,014 => Ave Price did not not change but increase.
-> Look at Blog April 2022, recently rising rates in 2017 = 0.5% -> 2020 = 1.75%, Ave Price also did not down during rates hike.
- 2016 Ave = $631,092, 2017 Ave = $707,745, 2018 Ave = $736,783, 2019 Ave = $748,328, 2020 Ave = $839,363, 2021 Ave = $1.1M, 2022 Ave = $1.23M
Ave Price = Ave of all Properties combine did not down compared to last year. Although Ave each Property like Detached, Semi, Town home, Condos ups/ Downs every month.
This means Housing Market is stable. The price of each property, like Detached, Condos are always greater than last year, even compare to last month down.
For example; if compare Detached Toronto last month was Down $33,085, but compare to last year Up $198,618.
That's why Real Estate does not evaluate Price ups/ downs by comparing each month, but evaluate real profit/ lost by comparing to last year.

2) GTA Detach Home Price dropped fast, down $300,000 from its peak. Already reached bottom.
Good time to Buy while Rate still affordable, cheap. 20y ago, Interest Rates at 5.75% (1999) -> 7% (2000). Now only 1.5% cheap.
If you afford to Buy Home, buy now then wait. 20y ago rates 6% -> 7% people still buy home. Can't time market.
- As Home Buyers, a good news, GTA Detached Home looks more Affordable. As Middle Class Home Owners, a sad news, see their wealth is reduced fast. Both side, unbiased.
-  In the past housing soft landing, it already reached to the limit downside from its peak price. Can't drop more.
- Usually when housing soft landing happening, the first few months, Home Prices drop very fast. Home Owners can't react. Then after that, Home Prices become flat.
- However, GTA Middle Class Home Owners, GTA Home Buyers last year 2021 have big real profit $102,000 compare to last year May 2021.

3) Buy Home Then Wait. Don't Wait Then Buy Home. Why ? -> Real Estate like Stock. Can't time market.
Buy when Afford. Buy when people fear. Buy when Interest Rate still cheap.
- Real Estate Market is like Stock Market -> Warrant Buffet said: " You can't time the market." Suddenly it jumps big. Then you lost opportunity. People "Greed & Fear". When they see Home prices increase because a lot people buy home high demand, they are Greed because they fear of missing out. When Home Prices down, they Fear. They wait and see. It is like Stock market.
Now it is good time to buy home because:
1) Interest Rate is still cheap 1.5%. 20y ago, Rates at 6% (1999) -> 7% (2000). At that time, a lot people wait and see, they were missing out of market.
2) Immigration increases. Canada  accepts each year 400,000 / y. Thus a lot of demand for Housing.
3) High Employment. All jobs lost during COVID now have recovered. Plus Salary increases. A Middle Class Couple's Income combined = 110,000$ can afford home easily.
Ave University Degree = 33$/ hr = 5280$/ mo = 65,000$ / year, like Teacher, Engineer, Nurses... Minimum Wage like Factory Worker, Restaurant Server... = 15$ / hr = 2400 $ / mo = 28,800$ / y
4) Interest Rates increases made Housing even less Affordable. So Buy Now while Interest Rate still cheap. Not just high home prices.
When Interest Rate low -> Housing Prices high. But still a lot people buy home. Now Interest Rate Rising -> Housing Prices more affordable. But less people Buy.
Good time Buy Home now while Interest Rate still cheap 1.5%. Lock in 3 years, 5 years fix rate. Then no worry Rate hikes.
=> Follow our Blog up-to-date Housing Market. We talk Data not Mouth "People poor because lack of Knowledge and Data".

4) To Become Millionaire, you need to save at least 50,000$ / year for 20 years. How? -> Data not Mouth.
See on Social Media, You Tube, TikTok...Become Millionaire quick (debt) -> "Mouthful". Take 20y working hard.
According to National Bank, you need Salary or Income 250,000$ / year, working continuously for 20 years no lay off.
How big is 250,000$ Salary? - Very big. Not 20y ago, today, if you are Public Employee working for Government, salary at least 50$/ hr = 100,000$, you are on "Sunshine List"
After you pay for Income Tax around 41% (Don't forget TAX) high Income high Tax, Canada, US same. Then Pay Rent around 35% - 40%. Tax + Rent = 75% Income.
NOTE: If Salary or Income less than <= 50,000$, Tax = 15%. Buy Home in Toronto (Detach or Semi) needs claim Tax, Salary from 160,000$ -> 200,000$. US, Canada same.
For example; Need Total Family Income of 6 x Salary of Minimum Wage 30,000$ / y = 180,000$ to Buy Home in Toronto. Can't Buy Home if work for Cash.
US, Canada same. In California Ave Detach = 700,000$ as of August 2021 (real price could 1.2M), need Income => 100,000$ / y to Buy Home. Click Here
So you have 25% to Pay for Living Expense (%?). Common List below  A Must in any countries not just Canada, and for Saving (%?)
Car, Car Insurance, Car Down Payment, Gas, Food, Grocery, Drink, Restaurant, Beauty (clothes, cream, hand bag..), Shopping, Phone, Internet, Child Care, Insurance, Travel, Debt (Credit Card, Loan...), Miscellaneous Fees. Rich people spend more than this common List -> We do not include "Home"  on this List. Just Rent. If including "Home" then more Life Expensive adds on this common List. Now it is not common.
NOTE: Not including Education, Health Care, Doctor, Hospital ... other counties very expensive. In Canada Health Care & Education Free for every one, Rich or Poor same care. No need Insurance.
=> Free Education (Kinder Garden - 12), Free Health Care, plus Child Benefits not in G7, developed countries, help relieve, reduce a lot of Cost of Living Expensive in Canada.
=> Thus after paying for: Tax + Rent + Living Expensive, with salary 250,000$, you can manage to save 50,000$ / year = 20% Total Income (a lot, good save).
NOTE: Usually, people specially small income less than 50,000$ / year, you can save around 10% -> 15% before Tax.
Thus with Salary 250,000$ before Tax, you could save  10% -> 15% = 25,000$ -> .37,500$. Thus after 20y Ave Saving = 30,000$ x 20y = 600,000$.

=> If Buy Home in Toronto 20 years ago Ave Price = 220,000$ -> Now 1.23M, Detach = 1.9M, Semi Detach = 1.5M. Ave Return 65,000$ - 90,000$ / year for 20y.
=> 20y ago, Ave Price = 220,000$, Average Detached 280,000$, Ave Semi Detached: 230,000$, Ave Town House = 160,000$, Ave Condos = 145,000$.
=> Toronto Housing Market = City Toronto + GTA double 2.75X every 10 years from Ave Price 220,000$ -> 1.23M. Not double every year, "mouthful".
=> We use Ave Data of properties have been SOLD, not "mouth", not Listing Price, not he said, she said. We don't pick up "special area" like very expensive Downtown City Toronto in order to represent for a whole City.

The Wealth Effect Theory #4 says: - Salary helps pay for Living Expensive. Home makes you Rich, Millionaire. Car makes you poor, = 0.
=> Tell me where you live, and Ave Home Price -> I tell you "How Much Rich You Are. No Need Blah, Blah"
=> Thus your biggest Dream's Canadian Millionaires Club is possible if you live in Vancouver, Toronto, where Ave Detach 1.9M, Semi 1.5M, and Buy Home 20y ago with high Deposit >= 20%.

NOTICE: People have their own You tub Channel, have their own View depending on Education, Social Status, Social Class, Job, Finance, Life Style, Life Experience,  Location Where they Live, such as: Country, Town, Province, big City ...reflecting their own View. This is View from a Canadian Scientist. He came from middle class family. While most middle class young people have full support from family, but he started Life = 0, alone, self-support. He Grew up young in City Toronto, Study, Make ends Meet, Graduated from Top #5 Canadian University, He Works as Canadian Scientist Professor, Lives "real Life Experience" in big City Toronto for 30y. His Home Town. Started life = 0, he works all kinds of jobs, from minimum wage Factory, then Engineer, Scientist, Professor. He understands how was poor. He applies his background as Scientist to give you a best View based on Data, Fact, scientifically. Not biased. "People poor because lack of Knowledge and Data". Data help you see, understand problems and "Problems Solving" better.

Update May, 2022

=> Do you like to talk about big thing "A Million Dollars Home" or small thing "Lamborghini 500K" ? Why? - Because "A Million Dollars Home" not show off, but big Money = big Return On Investment (Profit) -> "A Million Dollars Home" Ave Return 100K each year equal to salary 150,000$ / year. This year Detached, Semi return around 200,000$. While "Lamborghini 500K" return 0$, Car after 10y = 0. And A Million Dollars Cash in Bank Account returns 25K / y, and A Million Dollars in Stock lost 30%. => People poor because lack of Knowledge and Data. => How do you define " A Million Dollars Home " ? -> The Wealth Effect Theory #13. - When its Average Home Price of a lot of Homes have been SOLD / month " by taking Average ", reach over " million-dollars-plus Price" , such as: Detached Ave = 2.07M, and Semi Detached Ave = 1.54M in City Toronto. From Official Data not Mouthful, he said, she said...lack of knowledge. Any city in the world, even the poorest cities, had Home with Price 2.0M, 1.5M, but only 5 cities have Ave Home Price over "Million dollars-plus price". Canada has 2 cities: Vancouver, Toronto.

- The Millionaires Club's Couple on the beach.

Last month April 2022 Home Data was released in May 4, 2022

" April 2022 Home Sales in GTA down 41% from last year, specially Detached Home GTA. Drop 27% since March last month because Hike Rate. But Home Price still high. Buyers who have grown tired of going up against dozens of competitors to purchase a home now get some relief from the frenzy seen over the past two years. Housing just taking a break after hot run, cooling called Soft Landing. "
 
1) => In City Toronto, April 2022 Home Data Ave Price = $1,243,070 dollars. Compared last year April 2021 = $1.087,192.
NOTE: Ave Price = Ave all types of properties combined have been SOLD this month = Ave of Detached + Semi + Town Home + Condos = $1,243,070
- City Toronto (416, See Map), Detach Home = $1,947,975. Price Up 14.9% Profit = $248,219 compare last year April 2021 = $1,699,756
- Semi Detach Home = $1,494,640. Price Up 14.1% Profit = $185,841  compare last year April 2021 $1,308,799
- Town House = $1,086,986 Up 15.0%, Profit $144,615, Compare  April 2021 $942,371
- Condos = $820,835, Up 12.8%, Profit $93,698, Compare April 2021 $727,137
NOTE: Detached Home of City Toronto is winner, big profit = $248,219.
Detached Home of City Toronto in Dec 2020 Ave =$1,475,758.  in Jan 2021, Ave = $1,581,400.

2) => GTA (Greater Toronto Area, 905, See GTA Map), Ave Price = $1,254,436, last year April 2021 = $1,090,172.
- GTA, Detached Home = $1,526,791. Price Up 16.8%, Profit = $218,606 Compared to last year $1,308,185.
Last year 2021, GTA Detached = $1,308,185 as same as Semi Detached City Toronto = $1,308,799.
- GTA Semi Detached Home = $1,110,142. Price Up 19.9% Compared to last year April 2021
- GTA Town House = $997,416 Up 20.0%, Condos = $722,601, Up 18.0% Compared to last year April 2021

3) => Vancouver Home Market's Home Price (Ave Home Price #2 in the world). (update May 13)
-> 3rd Largest City's Population 2.26M, after Toronto, Montreal in Canada.  Cities in US & Canada, Toronto 9.6M 1st largest , New York City 2nd 8.7M, Los Angeles 3rd 3.9M, Montreal 4th 3.5M, Chicago 5th of 2.7, Houston 6th, 2.29M, Texas, Vancouver 7th, 2.26M . It is Film, Tourism, Travel Industry, University British Columbia #2 in Canada, Univ Toronto #1 in Toronto, Province British Columbia.
- Ave Price = $1,374,500  - Home Price Up 18.9% compare to last year April, 2021 $1,152,600
- Detached Home: $2,139,200 - Price Up: 20.8%  compare last year April, 2021 $1,755,500, Sales Down: - 41.9%
- Attached Home: $1,150,500 -  Price Up 25% compare to last year April, 2021 $900,900, Sales Down: - 40%
- Condos: $835,9500 - Price Up 26.1% compare to last year April, 2021  $729,600, Sales Down: - 26.1%

4) => Canada National Ave Home Price in April 2022 released in mid-month. Sales Down - 25.7% compare last year. (update May 17)
- National Ave Home Price $746,000 , Price up 7.4% compare April 2021. Including all Cities and Provinces.
-> Ave Price and Ave Detached Home or Single Family Home in 51 States in US as of August 2021:
https://www.fool.com/the-ascent/research/average-house-price-state/  =>This helps people want to Buy Home in US from cheap State to expensive State.
- You need Saving Money = 35,000$ for 10% Deposit Pay Off 30y, because Ave Home Price 350,000$ most States of Detached or Single Family 
like Texas, Florida, Minnesota, Virgina ...+ Plus Salary 50,000$ = Salary of 2 Factory Workers ->   American Dream Home + Car is possible.
- National Average is influenced a lot by Toronto, Vancouver. If take away both Canada Average Home Price = $597,800
- Canada National Average Home Price is a good indicator of Housing Market across Canada.

A Story: How much influential are Home Owners? -> 70% Canada population. Don't forget who you are working for.

The Author from MSN says that: " Hence the politician to drop Housing prices would risk being voted out in the next election".
And that: "if any government really wanted to make housing more affordable, they would just have to implement a few hard rules".
-> Actually, government has implemented few hard rules like " Stress Tess ", which made harder to qualify to buy home, in order to reduce the Demand of Housing and thus reduce Home Price since 2016, extended 2018.
=> How much influential are Home Owners ? Very influential, let's see:
1) Property Tax: Home Owners pay Property Tax, the main source #1 revenue for City to pay for services like garbage collection, school, policing, welfare, employees, social housing ...
2) Election: Provincial or Federal Election, politicians visit, knock on their Home doors for support, put signs of Candidate in front home's grass. They main contribute financial support to all  political parties.
3) Home Owners, The Majority 70% strong Voters: In Canada, the majority 65% Canadian Middle Class Home Owners, and 5% Millionaires of Adult 18+ population. Thus 70% are Home Owners. They are powerful voters. => A Home Owner says: " I have to work 9am -5pm very hard for home: 10y -> 15y Saving for Deposit and 20y, 25y, 30y for Paying Mortgage, Property Tax. Every month I spend 40% my salary for Home. Home is not Free, not Charity, you have to work very hard for it."

Important News
1) Not every one wants to Buy Home, can afford Home. We, You, They want, but all depends on Banks want, Stress Test.
Affordable Rent helps the Poor, Low Income (< 50K), Working Class, Singles (unless big income > 100K, millionaires).
While Affordable Housing helps the Middle Class Income (> 50K), Middle Class Income Couples (> 100K).
=> It is better honesty to let people know "who can" and "who can't " afford Home, so that they know their ability. 
- Every one has to pay Mortgage or Rent, the most expensive Living Expensive  takes 30% - 40% of income can't avoid, more than food, grocery, gas, tax...
You can be hungry, no food, sickness, but can't  avoid to pay mortgage or rent, the 1st priority each month. Both Mortgage and Rent increased.

2) Not every one wants to Buy Home, can afford Home, easy said than done, big responsibility in 25y, 30y.
-> 20 years ago, In Toronto Ave Price 220,000$, after at least 20% Deposit, you have Mortgage around 200,000$. -> Still take 20y to pay off.
- Today Ave 1.25 M, after 20% Deposit, you have Mortgage at least 1 M (1,000,000$) 5x, 6x more -> How long to pay off?
- A lot Home Buyers even Buy Home Deposit 10%. -> How long to pay off? -> Tell them to Buy Home like you encourage them in BIG DEBT that they can't afford.
- That's Why most people Buy Home are Couple Middle Class Income combined salary greater than > 100K. Affordable Housing helps Middle Class Income the most.
What is big responsibility in 25y, 30y? You hear Home Price Up, Home Owners became Millionaires, but you don't know their sacrifice...
1) Before Buy Home, Saving for A Deposit take 10y -> 15y.  Depend on Price, Location. So you will sacrifice Entertainment, Drinking, Have Fun, Smoking, Travel, Cut a lot Spending..
- According to National Bank, In Toronto Ave Price 1.2M, it will take working hard for 25 years to save for Deposit (Down Payment) to Buy Home in Toronto.

2) After Having Home, Big Responsibility as Home Owner take another 25y, 30y, 35y. Easy said than Done. So you must sacrifice much more than Saving for Deposit because of responsibilities.
- Your big Responsibility: Pay Mortgage the biggest + Property Tax + Utility (water, gas, electricity) + Home Insurance + Home Maintenance + Mortgage Insurance if Deposit less than 20% ..

- Home Supply less, reduced: Q1 -> Q2 helps Home Price Unchanged (Equilibrium) or continue Rising -> Explain from a Data Scientist.

- In May 2022, Home Sales Down - 41% because of rising Interest Rate is as same as during Covid-19 Lock Down, Home Sales, Demand Down - 55% -> - 60%.
  But during Lock Down, Home Price Unchanged, continued Rising. Look at Vancouver in April 2022, Detached Home Sales Down - 42%, but Home Price Up.

6) According to Financial Post, Rate hikes no affect The million-dollar-plus Home Price Club or "A Million Dollar Home", which are: Detached Vancouver 2.13M, Detached City Toronto 2.07M, Detached GTA 1.72M, Semi Detached City Toronto 1.54M. => A Big Difference between Home Price 1.5M and Average Home Price 1.5M, Average much more. Every city in the world has Homes that are worth 1.5M. But only 5 cities in the world has Ave Home Price " A Million dollars Home " like Vancouver, Toronto.

3 bed rooms, 2 bath rooms - All in City of Toronto

How much you think this Home:  Click here

Update April, 2022

From: The Globe and Mail, the best, the biggest News, Media in Canada. - A Semi Detached Home in City Toronto already SOLD $6.3 Million Dollars in Dec 2021. Not Mouth blow up Data, he said, she said, not yet SOLD. While Ave Semi = 1.55M. -> That's why Real Estate used Average Data, by taking Average of thousands of Semi Detached Homes have been SOLD in that month. A BIG difference between Average Price and Real Price.

" March 2022 is the 3rd best Sales compares to all March months in history. Prices dropped slightly. Detached City Toronto Down."
=> In City Toronto, March 2022, Ave Price = $1,218,546 dollars. Compared last year March 2021 = $1.082,896.
NOTE: This Ave Price = Ave all types of properties combined = Ave of Detached + Semi + Town Home + Condos = $1,218,546
- City Toronto (416, See Map), Detach Home = $1,920,018. Price Up 9.5% Profit = $169,500 compare last year March 2021 = $1.750,518
- Semi Detach Home = $1,545,447. Price Up 20% Profit = $257,442  compare last year March 2021 $1.288,005
NOTE: Detached Home of City Toronto in Dec 2020 Ave =$1,475,758. Today Semi as same price as Detached in Jan 2021, Ave = $1,581,400.
From now on we keep track Price of Semi compare to Detached in City Toronto. Usually Semi behind Detached Price 1 year.
- Town House = $1,117,469 Up 16.3%, Profit $156,575, Condos = $831,351, Up 17.4%, Profit $123,516 Compared  March 2021

- NOTE: Winner this month is: Semi Detached Home of City Toronto. Last Month was Detached of City Toronto.
-> Vancouver, Toronto are Canada's Millionaires Club of Million Dollars Real Estate. - Global News.
Vancouver, Toronto Home Owners Buy Home Detached or Semi at least 20y ago since 1999-2000 with at least 20% Deposit -> You are Millionaire in Canada's Millionaire Club.
 
=> GTA (Greater Toronto Area, 905, See GTA Map), Ave Price = $1,299,894, last year March 2021 = $1,097,351.
- GTA, Detached Home = $1,632,832. Price Up 23.6% Compared to last year March 2021
- GTA Semi Detached Home = $1,201,097. Price Up 28.9% Compared to last year March 2021
- GTA Town House = $1,079,798 Up 27.6%, Condos = $760,410, Up 25.2% Compared to last year March 2021

=> Vancouver Home Market's Home Price
-> 3rd Largest City's Population 2.26M, after Toronto 9.6M, Montreal 3.5M in Canada. Vancouver is 7th largest City in US & Canada after Houston 6th of 2.29M, Texas. It is Film, Tourism, Travel Industry, University British Columbia #2 in Canada, Univ Toronto #1 in Toronto, Province British Columbia. Toronto 9.6M 1st largest City in US & Canada, New York City 2nd 8.7M, Los Angeles 3rd 3.9M, Montreal 4th 3.5M, Chicago 5th of 2.7M.
- Ave Price = $1,360,500 (#2nd in the world) - Home Price Up 21% compare to last year March, 2021 $1,123,300
- Detached Home: $2,118,600 (#2nd in the world) - Price Up: 23.4%  last year March, 2021 $1,700,200
- Attached Home: $1,138,300 -  Price Up 28.1% compare to last year March, 2021 $872,200
- Condos: $835,9500 - Price Up 16.8% compare to last year March, 2021  $715,800

Important News
1) Understanding Data Science and How Scientists Collect, Organize, Process, Manage Data in Business.
Data and Computer Scientists are trained Data Science at University level. They see Data like Archaeologists see rock and understand thousands years history of rock.
Scientists do research Data, take Data seriously. Data speak the true, the fact, the pattern, already happened. Scientist also used Data for "Problem Solving", for "proving Right or Wrong".
Learn more Data Science from left this website Net.Office Database (Designed, Built, Written manual by Professor D.D ) in order to understand more Data Science.
- Then you apply this knowledge of Data Science into your Company, Business in order to organize and manage information better.
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2) Why worry about Interest Hike? - Lock in Fixed Rate 3,  5 years, 10 years if your mortgage is Variable Rate.
- In April 13, Bank of Canada (BoC) has increased Interest Rate 0.5% (usually 0.25%) to 1%, a big hike since 22 years to fight Inflation at 6.7%, a 30 years high. This will also impart Mortgage Rate and Home Market. Interest Rate is an effective tool of Central Bank called "Monetary Policy" at no cost money for Government -> Demand Side. Increasing Interest Rate will make Mortgage Rate a little bit higher, thus a little bit higher mortgage payment / month, and ease of Housing Demand. Thus ease of Home Price. For example; Average Mortgage $500,000 will pay extra: $58 / month.
While Fiscal Policy is tool of Government to increase Home Supply. Cost a lot Money, Billions dollars -> Supply Side.
- Increasing Home Supply of Government promised  in April 7, 2022 Budget helps satisfy the Housing Demand of increasing population, specially Immigration increasing around 400,000 / year, next 3 years 1.2M immigrants  coming. And building more homes, more Supply will be ease of Home Price.
Let's Lock in Fixed Rate. Increasing Interest Rate will affect "Variable Rate" intermediately, like Credit Card, Line of Credit, Variable Mortgage Rate. It does not affect "Fixed Rate" like 3, 5 years Fixed Mortgage Rate. Most people Buy Home lock in 3, 5 years Fixed Rate. Peace of mind.
- If you already have Variable Mortgage Rate, you can visit your bank "Lock in"  3, 5 years Fixed Mortgage Rate any time. Then not worry whatever Hike Interest Rate. Peace of mind.
- Hike Interest Rate from Monetary Policy of Central Bank and Government Fiscal Policy 's Increasing more Home Supply will not have real impact on Toronto Housing Market, not a silver bullet, which has been proved in last 20 years. But they will affect Housing not much so hot, 20%, 30% increases like during COVID, but 10% or single digit increase.

- Understand Interest Rate a tool of Monetary Policy of Central Bank of Canada (BoC) used to fight Inflation (Update April 23, 2022)
In Economic, Interest Rate is Price of Money. Over time, Money lost value because of Inflation. That's why people Buy Home, Gold.

Monetary Policy of Central Bank Interest Rate, Supply Money and Demand Money. Interest Rate is Price of Money. - When Interest Rate Hike or Increase. I1 -> I2 and Money Supply S1 -> S2 shift Left = Price of Money becomes Expensive. (Right Chart) 1) It helps the Dollar increase value. Less cost to buy things. Lower Price. Thus help reduce Inflation 2) When Interest increases. The Dollar became expensive -> Expensive to borrow, pay more interest. Businesses, People spending less. Demand down. Price low. Help curb Inflation, reduced. => Thus increasing Interest Rate to fight Inflation is the most powerful Monetary Tool of Central Bank, not Government. - When Interest Rate Low.  I1 -> I2 and Money Supply S1 -> S2 shift Right = Price of Money Cheap. (Left Chart) 1) The Dollar became cheap, lost value. Thus cost more to buy things. Price increases. High Price. Cause high Inflation 2) Cheap money to borrow, low Interest Rate. Businesses, People spending more. High Demand. High Price. Cause High Inflation. - CPI (Consumer Price Index) is used to measure changes in Price, Consumer Spending, and indicator of Inflation. - PCE (Personal Consumption Expenditures) is like CPI to measure Inflation but more preferable to CPI by the Fed. To fight Inflation, the best tool is Monetary Policy of Central Bank.

The Demand for Money (D) In economics, the demand for money is the desired holding of financial assets in the form of money (cash or bank deposits). The Money Supply (S): is the total amount of money—cash, coins, and balances in bank accounts—in circulation. Government can increase Money Supply. This will supply more money, cheap money into society -> Thus S1 Shift Right S2 (Left chart). Interest Rate down:  I1 down to I2.  -> Money lost value, cheaper, cost more money to buy food, buy thing. Thus higher Price. -> High Inflation. As a result, this cheap money will cause High Inflation. Only one of many reasons causes High Inflation. Others like High Price of Energy, Transportation Logistics, Food Supply, War in Ukraine ... Left Chart: When Interest Rate decreases from I1 -> I2 -> Low Interest Rate. The Money Supply (S)  increased from S1 -> S2. Shift Right. Because low interest rate, mortgage becomes cheaper, cheaper to borrow in order to buy home, buy things, living expensive. High Demand. Thus high Price.  ->  Thus high Inflation -> This increases Demand for Home -> Home Price Up. Right Chart: When Interest Rate increases from I1 -> I2, the Money Supply (S) decreased from S1 -> S2. Shift Left. This will decrease money supply, money expensive because high interest rate to borrow in order to buy home, buy things, living expensive. Thus Low Demand. Thus help Price lower. -> Thus low Inflation. -> This decreases Demand for Home -> Home Price Down. The Pros and Cons of Hike Interest Rate. 1) Pros: Help Reduce Price of Food, Grocery, Living Expensive, Gas ... Curb Inflation. Reduce to 2% OK level instead 6.7% at current level 30 years high. Inflation, high Price will affect poor people, working class, low income more than middle class, high income, the rich. Because the Price of Every thing is the same Price for every one, same Gas Price, same Food Price for the Poor, Working Class, Middle Class, High Income, Rich... 2) Cons: Because of high Interest Rate, Businesses, People less borrow, high borrowing cost, less spending, and high Debts of Credit Card Debt, Line of Credit, Mortgage Debt, Business Loan, all kinds of Debts increase because of high Interest Rate. Thus Consumer Spending account for 65% - 70% of Economy and GDP reduced, Down, slow Growth. Thus Businesses lay off people because less Demand for Products & Services. Although this helps slow Demand, ease of Price thus help curb Inflation. But Could cause Recession. 1- Hike Interest Rate will not solve problems of High Energy Price, War in Ukraine, Supply Chain Logistics... Thus high Price of Energy still built in Price of Food, of Supply, of Products ... thru Transportation, Supply Chain .. The Suppliers, Producers must increase Price to cover the cost of high Energy Price. 2- Hike Interest Rate will affect to Stock Market, Housing Market. Which is sensitive to Interest Rate. Because of high borrowing cost, high debt for businesses, for people. High Mortgage Debt. Thus less Demand for Housing. They spend less. Thus less Demand for Products and Services. Businesses Investment & Spending less. Consumer Spending less, Economy, GDP down. Businesses lay off people, high Unemployment. 3- When Housing Price is decreased. People mostly the Middle Class see their Wealth is reduced. They will cut Spending. This affect Consumer Spending also mostly from Middle Class. Thus affect Economy, GDP. In Canada, majority 65% are Middle Class who are also Home Owners. And 5% population are Millionaires, Billionaires. Thus high Home Price will affect 30% population not yet own home. But in 30% population not yet own home, in need of Home, around 15% population who never own home, never afford home. Even you give them free Deposit. They don't want home, a 30y big responsibility of pay mortgage, not easy, not free, not charity. They can't afford Home. Even they want Home, you say they can own home. But the Banks that loan money can't. They can lost Home any time. Thus this 15% population want RENT. => Thus from Data, Data Intelligence, only 15% of population really in need of Home. => But now, the Inflation very High, 30y, 40y high, unacceptable at this level. The 1st priority is to fight, reduce, "control" Inflation at acceptable 2%. The only tool is Monetary Policy of Central Bank.

3) Will hike of Interest Rate have impact on Toronto Housing? - Not much impart, but not double digits % increased Price like in COVID

Let's go back recently since 2017, Interest Rate at 0.50% then kept increasing each increasing rate = 0.25%, from 2017 = 0.50% to 1.75% in Jan 2019 before COVID locked down and Rate began dropped in March 2020 to 0.25%. Here is Data shows Home Price in City Toronto changing .

- In Jan 2016, Ave Home Price = $631,092 up 14.1% from 2015, Semi = $713,972, Detached = $1,061,789
- In Jan 2017, Ave Home Price = $707,745 up 23% from  2016, Semi = $902,688, Detached = $1,336,640. The beginning of Interest Rate increased from 0.50%.
- In Jan 2018, Ave Home Price = $736,783 up 5.2% from 2017, Semi = $936,623, Detached = $1,283,981.  Interest Rate increased from 0.50% -> 1.0% in Jan 2018, kept increasing.
NOTE: In 2018, Stress Test Policy was introduced to allow Banks test Home Buyers at Interest Rate 2% much higher more than current Interest Rate 0.5% in 2018 in case Interest Rate increase, required much high Income 20% more than before to Buy Home. Which is to make sure people can afford home, pay mortgage when interest rate hike, so that they don't abandon their home causing Housing bubble like Financial Crisis 2008 - 2009 Recession. Stress Test still today.
- In Jan 2019, Ave Home Price = $748,328 up 1.7% from 2018, Semi = $993,465, Detached = $1,174,134. Interest Rate kept increased from Jan 2018 = 1.0% to Jan 2019 = 1.750% -> No more increasing
- In Jan 2020, Ave Home Price = $839,363 up 8.7% from 2019, Semi = $1,004,208, Detached = $1,369,848. -> Interest Rate no more increasing at 1.75% until COVID started March 2020 dropped.
You see that while Interest Rate increased gradually each increasing = 0.25%, from 0.50% in 2017 to 1.75% in Jan 2019 before COVID started March 2020 then Interest Rate dropped sharply to 0.25%.
=> Housing Market in Toronto did not dropped Price, but it jumped single digit % slightly, not double digit % like 2016 = 23% before Interest Rate began increasing in 2017.
=> People cashed out for profit in 2017 when beginning hike of Interest Rate, could not Buy Home again. Big lost. Because Stress Test Policy makes it difficult to Buy Home since 2018. And Housing Market did not Down.
=> During period of Interest Rate increasing for 2 years in 2017 = 0.50% -> 2019 = 1.75%, we see:
- Detached Home price decreased as much 20% at some times, dropped from Jan 2017 = $1,336,640 to  $1,174,134 in Jan 2019. Then keep increasing to $1,920,018 in March, 2022.
- While Semi Detached has no impact, Price kept increasing from in Jan 2017 = $902,623 to  $993,465 in Jan 2019. Price gap between Detached and Semi smaller.
- In Jan 2019 -> Jan 2020 no more Interest hike at 1.75%, Detached Home Price jump big from Jan 2019 $1,174,134 to: $1,369,848 at Jan 2020 to recover all losses during rate hike.
=> The beginning of Detached big jump to 2.1M in Feb 2022, highest on record.
- Semi Detached jumped as well from Jan 2019 $993,465 to: $1,004,208 at Jan 2020. Then keep increasing to $1,545,447 in March, 2022.
=> From beginning of hike Interest Rate in Jan 2017 = 0.50% Ave Price = $707,745 to Jan 2020, Interest Rate no more increase at 1.75%, Ave Price = $839,363, Home Price did not decreased but increased.

A Scientist Professor says " As a Scientist, you speak Data, Data Intelligence. They see Data like Archaeologists see rock and understand thousands years history of rock. Common people can't. Data speak the truth, the fact, already happened. In Business, Accounting, Financial Market, Stock Market, Housing Market ... It is very dangerous, dishonest, lost trust if you change Data in order to please the Boss, the Management, make people happy. Data Ups / Downs, Goods / Bads, Profits / Loses, you must tell the truth."

5) Why Detached Home in GTA Down, Semi Detached in City Toronto Up compare last month? - Reverse to the City
- Almost major COVID-19 restrictions  have been removed, allowing not wearing Mask, and vaccine passport dropped. The exodus of people moving out of the City Toronto (416) and Downtown core to GTA, suburban outside the City during the height of the pandemic is now reversing. Home buyers are returning to City Toronto (416) again. Finally feeling confident the pandemic is over as businesses reopen, people are returning to work and not wanting to commute, and overall the city finally having life again.
This reversing back to the City, back to work in the Offices from remote working, which is pushing the demand Housing in City Toronto, specially Semi Detached because Semi Detached is more affordable than Detached Home in Toronto in the beginning hike interest rate environment. And Detached Home in GTA also less demand, price down.
- City Toronto Semi Detached is Up because: 1) Home Buyers back to the City Toronto 2) The beginning hike interest rate will make Detached Home in City Toronto less attractive, less affordable.

Update March, 2022
 

" Sales high compare to all Feb months in history, except Feb 2021. Detach City Toronto pushes 2M."
=> In City Toronto, Feb 2022, Ave Price = 1,210,899 dollars. Compared last year Feb 2021 = $995,171.
NOTE: This Ave Price = Ave all types of properties combined = Ave of Detached + Semi + Town Home + Condos = $1,210,899
- City Toronto (416, Click See Map.), Detach Home = $2,073,989. Price Up 23% Profit = $389,916 Compared to last year Feb 2021 = $1.684,073.
- Semi Detach Home = $1,499,489. Price Up 14% Profit = $175,245 Compared to last year Feb 2021
- Town House = $1,131,809 Up 22.8%, Profit = $218,772, Condos = $822,090, Up 21.5%, Profit = $145,253 Compared  Feb 2021
- NOTE: City Toronto beats Vancouver all types of Homes and Condos. Become #2 in the World.
-> Vancouver, Toronto are Canada's Millionaires Club of Million Dollars Real Estate. - Global News.
=> Top 10 City's Most Expensive Housing In The World by Ranking. The First Top 5 Have Ave Home >= A Million Dollars Home.
1) Hong Kong 2) Vancouver 3) Toronto 4) Singapore 5) Shanghais 6) Shenzhen 7) Los Angeles  8) New York City 9) London 10) Paris
 
=> GTA (Greater Toronto Area, 905, Click See GTA Map.), Ave Price = $1,334,544, compared to last year Feb 2021 = $1,044,957.
- GTA, Detached Home = $1,727,963. Price Up 32.9% Compared to last year Feb 2021
- GTA Semi Detached Home = $1,282,386. Price Up 37.5% Compared to last year Feb 2021
- GTA Town House = $1,119,026 Up 32.3%, Condos = $756,146, Up 34.2% Compared to last year Feb 2021
- Home Price: GTA Ave Price for all home types combined $1,334,544, Up +27.7% compared to Feb 2021.

=> Vancouver Home Market's Home Price #2 in the World in February, 2022 released in March 2022..
-> 3rd Largest City's Population 2.26M, after Toronto 9.6M, Montreal 3.5M in Canada. Vancouver is 7th largest City in US & Canada after Houston 6th of 2.29M, Texas. It is Film, Tourism, Travel Industry, University British Columbia #2 in Canada, Univ Toronto #1 in Toronto, Province British Columbia. Toronto 9.6M 1st largest City in US & Canada, New York City 2nd 8.7M, Los Angeles 3rd 3.9M, Montreal 4th 3.5M, Chicago 5th of 2.7M
- Can City Toronto's Detached Home beats Vancouver's Detach Home #2 Home Price in the World? - Yes.
- Ave Price = $1,313,400 (#2nd in the world) - Home Price Up 20.7% compare to last year Feb, 2021 $1,084,000
- Detached Home: $2,044,800 (#2nd in the world) - Price Up: 25%  last year Feb, 2021 $1,621,200
- Attached Home: $1,090,000 -  Price Up 27.2% compare to last year Feb, 2021 $8139,800
- Condos: $807,900 - Price Up 15.9% compare to last year Feb, 2021  $697,500

=> Home Data of top 6 biggest Cities Canada in Feb 2022
- Calgary City, Ave Price = 499,400$ Up 16%, Detached 596,400$ Up 19%, Semi 461,400$ Up 16% compare to last year Feb 2021.
-> Calgary Population 1.3M, 4th largest City of Canada of population, Center of Oil, Gas, Producers of Canada, Cowboy Hat , Prairies Province Alberta.
- Montreal City, Ave Price = 583,295$ (all-time) up 18%, Detached 550,300$ Up 20%, Condos $395,000 compare to last year.
-> Montreal, Quebec's City, Population 3.5M, 2nd largest city Canada after Toronto 9.6M, French speaking, McGill University rank #3 in Canada, Quebec Province.
- Ottawa Capital, Ave Price = 771,442$ (all-time) up 18%, Detached $838,000 Up 17%, Condos $467,000 Up 14% compare to last year.
-> Ottawa Population 1.1M, 5th largest City of Canada of population, Capital of Canada, Ontario Province.
- Edmonton, Ave Price = 411,464$ Up 9%, Detached 494,000$ Up 13%, Condos $270,000 compare to last year Feb 2021.
-> Edmonton City Population 1.06 M, 6th largest City of Canada of population, Oil & Gas Industry, Producers, Oil Capital of Canada, Capital City of Alberta Province.

=> Canada National Ave Home Price in Feb 2022 usually released late in mid-month. 
- National Ave Home Price  $816,720 a record, Price up 20.6% compare to last year Feb 2021. Including all Cities and Provinces.
- Average home price in the United States in 2021: $374,900 including all Cities and States.
-> Ave Price and Ave Detached Home or Single Family Home in 51 States in US as of August 2021:
https://www.fool.com/the-ascent/research/average-house-price-state/  =>This helps people want to Buy Home in US from cheap State to expensive State.
- You need Saving Money = 35,000$ for 10% Deposit Pay Off 30y, because Ave Home Price 350,000$ most States of Detached or Single Family 
like Texas, Florida, Minnesota, Virgina...+ Plus Salary 50,000$ = Salary of 2 Factory Workers ->   American Dream Home + Car is possible.
- National Average is influenced a lot by Toronto, Vancouver, the most expensive market in Canada. If take away both Canada Average Home Price = $638,720

Important News
1) Ave Detach Home of City Toronto pushes 2.1M all time high, surpassing Vancouver.
-> Up 23%, Profit = $389,916 a year compare to last year. Equal to Salary $750,000 after Tax, estimate much higher than Salary of Canada Prime Minister 350K/ y, US President 400K/ y.
-> Big Home Price -> Big Profit is a characteristic of Ave A Million Dollar Home, like Big Google Stock Price. No Home can return like this.
-> City Toronto beats Vancouver all types of Homes and Condos. Become #2  in the World.
-> This month Ave Detached pushes 2.1M is the best Sales of February month of Toronto in history, only after February 2021.
-> Vancouver, Toronto are Canada's Millionaires Club of Million Dollars Real Estate from Global News.

2) Bank Canada rising Interest Rate +0.25% to 0.50% since 2017 in March 2, 2022
-> Since slashing the benchmark rate 1.75% to near-zero 0.25% at the start of the COVID-19 pandemic. In a bid to help fight inflation, which is at its highest level since 1991.
-> It will affect Mortgage a little bit. Average Mortgage $500,000 will pay extra: $58 / month. 700,000$, 5 years Variable Mortgage Rate pay extra $73/ month.
-> In March 2022 the beginning of hike Rate but also the beginning of Detached Home in City Toronto pushes 2.1M dollars.
-> Bank's Stress Test helps protect Home market when rising Interest Rate. When you Buy Home, Bank's Stress Test already testing much higher requirement of your Income or Salary to make sure if Rate increases you can afford mortgage payment every month to prevent you abandon your home causing Financial Crisis like 2008-2009.
For example; you Buy Home when rate at 0.25%, Bank's Stress Test testing your Income at 10x rate hike = 0.25% x 10 = 2.5% if you can afford mortgage payment. 
A lot Home Buyers complain Stress Test that test them out of reach to Buy Home because requirement higher Salary, like Low Income Home Buyers. But the Banks in Business to make profit, not charity. Government can't do any thing about Bank's Monetary Policy. Government is responsible for Fiscal Policy, which is to Build more Home Supply. Which is Government is doing. Take few years to build Homes just enough to satisfy Demand of increasing population. Don't expect Home Price is reduced.
-> If people can afford big mortgage of A Million dollars Home then increase 70$/ month extra not big deal. Giving the Profit hundreds of thousands / y = Salary of 750,000$ / year
Says a Scientist Professor: "Cost extra 1$ but Gain 10,000$. Buy Home then Wait. Don't Wait then Buy Home. Be smart. People poor because lack of Knowledge and Data. "
-> High Inflation, high Energy, high Price already cost people. This increasing mortgage cost, and more Interest Payment of Credit Card will add-on more cost of Inflation.


3) Some Home Data after released could be later updated by Canada Real Estate Association (CREA) called "Seasonal Adjustment".
-> All data are "Official Data". Seasonal Adjustment Data is normal.
-> To make sure Real Estate integrity, honesty, to prevent mouth blow up Data, to update public monthly, every month CREA provides Real Estate Ave Data, Ave Home's Data have been already SOLD monthly any where any street any area in the City, "Official Data". Not Mouth data, not he said, she said, not his home, her home, not this area, that area, not Property Sales Listing Data not yet SOLD, not Forecast Data. This will attract investors, people because they know it is real Price, true market value, "Official Data", and updated monthly.

4) Why in Canada, US don't calculate Price based on Square meters, for example: 20000$ / m2 for Ave Detach Home 2.1M, 1200 ft2.
-> It is easy to pump up real estate price / m2 (square meters) or square foot (ft2). All you need is one big investor of a Property Corporation auction high bid for that land, pump up the price of land. In US, Canada, Real Estate is sold as Home, Condos, not Land, and sold ten of thousands of homes, condos every month. Ten of thousands home buyers Buy Home, Condos every month. Thus impossible for one investor to pump up price, market manipulation, dishonesty. Pump and Dump, illegal.
Like Stock Pump up price over its true market value then Dump. Thus no good for market, illegal. *No country accepts this dishonest bad behaviour*.
For example; A company stock price 30$. Then Investor pump up its price 30$ to 2600$, believe that it can compare to Google. Future Potential like Google. A lot "naive" people believe this magic illusion, buy and lost money. This Pump and Dump is illegal, market manipulation for its own benefit. This happens in Stock Market, Real Estate, Crypto Currencies.
Ave Home Price = Calculated by taking Average of ten of thousands of homes have been SOLD to ten of thousands of buyers, not few Buyers. Thus impossible pump up price.
- For example:  in US, Canada, Home is measured by square foot (ft2). Ave Detach Home 2.1M, Ave ft2 is 1200 ft2 = 1200 x 0.093 = 111 m2 = 2.1M / 111 m2 = 20,000$ / m2 (not commercial).
Conversion: 1 square foot (ft2) = 0.093 m2 (square meters). In US, Canada usually they build home look a like on the same street, same ft2 around 1200 ft2.

5) A Million Dollars Home's monthly Mortgage Payments make you Become Millionaire: (update March 19, 2022)
-> 1) Semi Detached Home In City Toronto = 1.5M. 1) Total Mortgage Amount = 1.5M 2) Deposit 20% = $300,000, 3) Current Mortgage Rate 5 years fixed = 3.34% (as of March 17, 2022)
4) Amortization (years Pay off home) = 25 years. => Your Monthly Mortgage Payment = $5,890.35 / month.
After 5, 10, 15, 20 years you become Multi Millionaire because Home Price will increase over 5, 10, 15, 20 years.. The bigger Home Price of A Million Dollars Home, the faster, bigger Price increase.
Estimate next 5 y, Semi Detach will increase double to 3.0M, Detach 4.0M. No need to wait for 10y, 15y, 20y.
For example; Bigger Home Price -> Bigger Price increases and shorter year. This proved by a Data and Computer Scientist Professor.
- In 2000 Ave Price of All Properties = 230,000$ (not Ave detach or semi) -> 10 years later, 2010 double  = $433,000. An increase of  $203,000 in 10y.
- In 2013 Ave  Price of All Properties = 542,174$ (not Ave detach or semi) -> 7 years later, 2011 double = $1,096,736. An increase of  $554,563 in 7y.
You see in 7y Home Price increased $554,563 not only more than double the increased price $203,000, but also shorter 3 years of 2000 - 2010.

In other words, only 3.5 y not 7y, Price increased $554,563 / 2 = $277,281 more than double of Home Price $230,000 double in 10y = $203,000.
This is a most important characteristic of Ave A Million Dollars Home: Big Price -> Big Profit, Faster . Like Google Big Price Stock.

For example; Home like Stock, Big Google Stock Price 2600$ (as of March 6, 2022) increases or Return Profit  a year 10% = 260$. 1000 shares of Google, return profit (ROI) = 260,000$ / y. While a Stock Price 30$ increases 10% / y = 3$. 1000 shares, ROI = 3000$ / y => Thus A year, Google Stock Return On Investment = 30$ stock ROI of 86 years.
For example; In 2022, Detach Home in City Toronto return $389,916 in 1 year more than Detached Home in Texas, Ave = 247,210$, Florida Ave = 297,390$ return in 30 y.
-> 2) Detached Home In City Toronto = 2.1M. 1) Total Mortgage Amount = 2.1M 2) Deposit 20% = $420,000, 3) Current Mortgage Rate 5 years fixed = 3.34% (as of March 17, 2022)
4) Amortization (years Pay off home) = 25 years. => Your Monthly Mortgage Payment = $8,246.49 / month
After 5, 10, 15, 20 years you become Multi Millionaire because Home Price will increase over 5, 10, 15, 20 years..

6) A 64K question: Is it possible the 3rd Double is the next double in 5 years?  Go back 20y ago @ City Toronto.
-> The 1st Double in 10y. Began 2000, Ave Price = $230,000 -> 2010, Ave Price = $433,000 (up 2x, small double = $203,000, took 10y). Already happened.
-> The 2nd Double in 7y (bigger Double = $554,563, faster, actually Double only 3.5 y as proved above) from 2013 -> 2021. Already happened.
Began Jan 2013, Ave Price = $542,174, Detach $765,049, Semi $586,080 -> 2021, Ave Price = $1,096,736 (up 2x), Detach 1.8M (up 2.3x), Semi 1.5M (up 2.6x).
-> The 3rd Double in 5y from 2021 -> 2026.  Not Yet Happen.
Began 2021, Ave Price = $1.1M, Detach 1.8M, Semi 1.5M -> 2026, Ave Price = $2.2M (up 2x). Detached 3.6M (up 2x), Semi Detach 3.0M (up 2x)
Question: Is it possible the 3rd Double is the next double in 5 years? - Bigger Home Price -> Bigger Price Double increases, bigger Profit and Faster year return.
Answer: People asked the same question in the previous 2 Double since 20y ago. It already happened the last 2 Double. You can see the 2nd, Ave Price double (2x), Detach more than double 2.3x, Semi Detach more than double 2.6x. Already happened => So the 3rd Double is possible. Bigger Home Price -> Bigger Price increases, bigger Profit and Faster year return.
Back just 8 years ago in 2013, people would not believe that City Toronto Home Price > A Million Dollars Home, no way Detach 1.8M, Semi Detach 1.5M. Very expensive, no one can afford. But 2021, Home Price pushes Detach 1.8M, Semi 1.5M still cheap. A lot people Multi offer, Demand hot => So next 3rd Double, Detach 3.6M, Semi 3.0M still cheap, affordable.
-> Thus 2nd Double, Bigger Ave Price = $542,174 -> Bigger Price Double increases = $1,096,736, bigger Profit = $554,563 (2x 1st Double), Faster year return = 7y. Shorter than 1st Double = 3 years
-> The Wealth Effect Theory #8: Wealth creating more Wealth.
-> Vancouver, Toronto Home Owners of Canada Millionaires Club, Buy Home at least 20y ago, since 1999 - 2000, at least 20% Deposit => You are double > 2M next 5y.
-> If you not in Canadian Millionaires Club of Million Dollars Real Estate in Vancouver, Toronto, you need salary 200,000$/ y, working hard in last 50y, and for just Down payment for Home in Toronto you need Salary 200,000$/ y working hard 25 years Saving for Deposit, according to National Bank.
Click here:: https://www.msn.com/en-ca/money/video/toronto-millennials-apparently-need-to-save-up-for-another-lifetime-to-own-a-house/vi-BB1gxur5?ocid=hplocalnews
-> It took 20y Become Millionaire. But only 5y double > 2M.

NOTE: Data and Computer Scientists are trained Data Science at University level. They see Data like Archaeologists see rock and understand thousands years history of rock. Common people can't. They do research Data, take Data seriously. Data speak the true, the fact, already happened. Scientist also used Data for "Problem Solving".
Learn more Data Science from left this website Net.Office Database (Designed, Built, Written manual by Professor D.D ) in order to understand more Data Science.
Then you apply this knowledge of Data Science at University level into your Company, Business in order to manage information better.
Net.Office Database: The 1st kind of Database that contains Photos, 1st Photo Database on market.


We will update more Data very soon

Update February, 2022

" Beginning New Year 2022. Toronto Home Sales fells 18% in Jan, 2022. But Home Price climbed, "All Time High", and Home Sales Listings dropped"
=> In City Toronto, January 2022, Ave Price = 1,073,111 dollars. Compared last year Jan 2021 = $865,261.
- City Toronto (416, Click See Map.), Detached Home = $1,886,413. Price Up 19.2% Profit = $305,013 Compared to last year Jan 2021.
- Semi Detached Home = $1,471,535. Price Up 22.1% Profit = $266,678 Compared to last year Jan 2021
- Town House = $1,080,284 Up 32.6%, Condos = $760,643, Up 21.7% Compared to last year Jan 2021

=> GTA (Greater Toronto Area, 905, Click See GTA Map.), Ave Price = 1,242,793 dollars, compared to last year Jan 2021 = $966,068.
- GTA, Detached Home = $1,702,143. Price Up 30.4% Compared to last year Jan 2021
- GTA Semi Detached Home = $1,236,081. Price Up 37.3% Compared to last year Jan 2021
- GTA Town House = $1,083,801 Up 35.5%, Condos = $720,532, Up 31.6% Compared to last year Jan 2021
- Home Price: GTA Ave Price for all home types combined $1,242,793, Up +28.6% compared to Jan 2021.


=> Vancouver Home Market's Home Price #2 in the World in January, 2022. (update Feb 15, 2022)
-> 3rd Largest City's Population 2.26M, after Toronto of 9.6M, Montreal of 3.5M in Canada. And Vancouver is 7th largest City in US & Canada after Houston 6th of 2.29M, Texas. It is Film, Tourism, Travel Industry, University British Columbia #2 in Canada, Univ Toronto #1 in Toronto, Province British Columbia. Toronto 9.6M is 1st largest City in US & Canada, Montreal 4th of 3.5M. New York City 2nd of 8.7M, Los Angeles 3rd of 3.9M, Chicago 5th of 2.7M
- Ave Price = $1,255,200 (#2nd in the world) - Home Price Up 18.5% compare to last year Jan, 2021 $1,044,000
- Detached Home: $1,953,000 (#2nd in the world) - Price Up: 22.7%  last year Jan, 2021 $1,576,800
-> NOTE: Vancouver Detached more than City Toronto Detached = 66,587$ -> Insignificant, not different, given Ave = 1.9M
- Attached Home: $1,029,500 -  Price Up 24.3% compare to last year Jan, 2021 $815,800
- Condos: $775,700 - Price Up 14% compare to last year Dec, 2021  $680,800

Home Data for Canada usually released late in 15 mid-month. (update Feb 15, 2022)
=> Canada Ave Home Price Jan 2022 $748,450 a record, Price up 21% compare to last year Jan 2021. Including all Cities and Provinces.
- Average home price in the United States in 2021: $374,900 including all Cities and States.
-> Ave Price and Ave Detached Home or Single Family Home in 51 States in US 2021:
https://www.fool.com/the-ascent/research/average-house-price-state/
- Last month December, 2021 $713,500.
- If take away Toronto, Vancouver, Canada Average Home Price in January, 2022 $588,450

Important News
1) Why Home Sales down 18% But Home Price up "All Time High"? -> Because of Home Supply.
-> Lack of Home Supply, which are Home Builder and Home Listings for Sales Down -44%, the lowest in more than 20 years.
The main reason is that people are afraid that after selling their Home, they will not be able to buy home again.

Home Listing for Sales is Supply curve. - Why Home Sales fell 18% in Jan 2022, but Home Prices Up? - A 64K Question. Because Home Listing For Sales Down to lowest level in more than 20 years, drop - 44%, in January, 2022, Supply Curve Shift Left S1 -> S2 -> Quantity Decreases: Q1 -> Q2 = Home Supply Down. -> Price Up: P1 -> P2.

- When will Price Decreases? - A 64K Question. When Supply increases -> S1 Shift Right to S2 is S1 -> S2. Thus Quantity Increases Q1 -> Q2. Home Supply Increases. Thus Price Decreases: P1 -> P2 Down.

2) Why Home Prices high, Ave A Million Dollars Home, but still a lot people Buy Home, Demand high?

1- The Wealth Effect Theory #8. Toronto's Large Population of Millionaires, Elites estimated 170,000 -> 200,000 Millionaires, 1.7% of Toronto 9.6M population. A Foundation to Support A Million Dollars Home.
You live in Toronto at least 15 years to understand Toronto's "high society" of Millionaires, Elites, estimated 170,000 -> 200,000 Millionaires. They are Millionaires created by Home. They bought home 20 years ago where Ave Price = 220,000$ -> Today Ave 1.1 Million dollars, Detached 1.9M, Semi Detached 1.5M.
-> Vancouver, Toronto is Canada's Million Dollars Real Estate Club.
-> These Millionaires, Elites Buy second Home, Multi-Homes like Investors. According to Data, they buy most Homes in Toronto, because they have money, already Millionaires.
-> They are co-sign, finance, support Buy Home with their Millennial Children, co-sign with their Partners, with Relatives help easy qualify to Buy Home.
For example; Millennials (26 -> 39 years old) don't have 300,000$ -> 350,000$  for Deposit in need of support from Millionaires who bought home 20y ago, now Millionaire.
According to National Bank, it will take Salary 200,000$ working hard for 25 years in order to Save a Deposit (Down payment) to Buy Home in Toronto, Vancouver.

=> Before Buy Home, Condos, you must work hard 10y, 15y.. Save for Down Payment. Example; According to National Bank, You are a Millennial just graduated with Master Degree at 27 years old. Assume You make good salary = 180,000$. Today Average Master Degree made 50$/ hr = 100,000$/ year. You must work 25 years in order to Save for a Down payment or Deposit to Buy Home in Toronto or Vancouver. By the time you already have Deposit to Buy Home, you will be 52  years old.

=> Before Buy Home, Condos, you must work hard 10y, 15y.. Save for Down Payment. You or your Parent should have been making nearly 200,000$/ year for 25 years before you were born to Save for Down payment (Deposit) Buy Home in Toronto, Vancouver. The Wealth Effect Theory #11: Home expensive, a million Dollars Home is not because of big Home, small Home, beautiful Home, swimming pool... But because of Location, Location, Location. Do not Believe in Mouth but Data, and use your Brain.

Click here: https://www.msn.com/en-ca/money/video/toronto-millennials-apparently-need-to-save-up-for-another-lifetime-to-own-a-house/vi-BB1gxur5?ocid=hplocalnews

2) Immigration Creates Population Increased. Both Rich Immigrants to Buy Home, and Poor to Rent -> Buy Home or Rent creates a lot Demand for Home.
-> Canada receives around 400,000 Immigrants / year, an increase from 350,000 in 2019. Nearly 60% - 65% are Economic Immigrant, Family Unification. Most of them will come to Toronto (City Toronto and GTA). These Economic Immigrants likely Buy Home after settle in Canada. Poor Immigrants like Refugees, Humanitarian, skill Labour ... will Rent to live with Toronto's Home Owners. They help Home Owners Pay Mortgage.
-> Thus Rich Immigrant Buy Home, Poor Immigrants Rent -> Population increases, will create a lot Demand for Home + help Toronto Home Owners pay Mortgage.

3) High Income, high Salary in order to afford high Home Price.
-> Ave Salary with University, like High School Teachers, Engineer around 60,000$ -> 65,000$, 30$/ hr - 35$/hr.
-> Minimum Wage, Factory Worker, Waiter Restaurant is 15$/hr = 2400$/ mo = 28,800$ / year -> Hardly to Buy Home.
-> Salary of a Couple that had University Degree like Teacher, Engineer, Nurse, combined + Co-sign their Millionaire Parents -> Buy Home easily.
For example, a Couple of a Teacher + an Engineer combined salary + Co-sign their Parent who is Millionaire, Elite.
-> 20 years ago, Ave Price = 220,000$, 2 x minimum wage Salary of a couple working in Factory, each 5$/ hr = 800$/ mo = 9600$/ year => combined minim wage couple = 9600 x 2 = 19,200$ / y => Can Buy Home.
-> Today Ave Price = 1.1M, 2 x Salary of a couple with University Degree combined, each 33$ /hr = 5280$/ mo =  63,500$/ y => Couple combined = 127,000$ /y +  Co-sign => Can Buy Home.
-> Thus high Home Price required high Salary, Income by Bank. Buy Home today is different with Buy Home 20y ago.
The Wealth Effect Theory #2: "Tell me your Salary, your Job, your career -> I tell you Home Price you can afford. No need blah blah"
=> To lend you money, Bank wants your Info 1) Salary 2) Down payment or Deposit 3) monthly Expense 4) Mortgage Amortization? Click Here
=> Thus University Degree helps you get good paid job, Buy Home easy, and better future.

4) Cheap Interest Rate on record 0.25% helps push Demand. Of course happened every where any Cities in  in US, Canada.
-> It helps Housing Demand booming. But doesn't mean every City has A Million Dollars Home because of cheap Interest Rate.
-> For example; Why Ottawa, Texas, Florida same Interest Rate 0.25%, but don't have Ave Home = A Million Dollars Home.

=> Thus A Million Dollars Home can happen in Toronto, but hardly happen any other City in the World, because of:
1) The Wealth Effect Theory #8 (Click here) Large Population of Millionaires, Elites 2) Immigration 3) High Income, Salary

3) A Million Dollars Home, most expensive Home in Canada and in the World
There are less than 5 Cities in the World have Ave Home Price >= 1 Million Dollar.
Because of its big Price, the Return On Investment (ROI) of A Million Dollars Home is BIG:
1) On Average, Big ROI each year = Salary 120,000$ -> 150,000$. In 2021, Detached Home returns: $223,242 equal to Salary = $400,000, Semi Detached = $182,321 equal Salary = 330,000$, after minus Income Tax. 2) Double 2x every 7 - 8 years. 3) Easy Become Millionaire. Just live in A Million Dollars Home.
Here are the most expensive Homes reached Ave A Million Dollars Home in Canada and in the World:
1) Detached Home in Vancouver Ave Home Price = 1.91M (#2nd in the World)
2) Detached Home in City of Toronto  Ave Home Price = 1.9M (used to close with Detached Vancouver, not much different Price )
3) Detached Home in GTA Ave Home Price = 1.7M (used to close with Semi-Detached City Toronto. But people move out of City to Suburban GTA pushing price higher)
4) Semi Detached Home in City of Toronto Ave Home Price = 1.5M
=> Home Owner of A Million Dollars Home over 20 y, Buy Home with Deposit at least 20%, you are Millionaire.

=> Top 10 City's Most Expensive Housing In The World by Ranking. The First Top 5 Have Ave Home >= A Million Dollars Home.
1) Hong Kong 2) Vancouver 3) Toronto 4) Singapore 5) Shanghais 6) Shenzhen 7) Los Angeles  8) New York City 9) London 10) Paris
=> China, Canada, US has 2 cities in Top 10 most Expensive Home in the World.
=> Canada has 2 cities Vancouver, Toronto Ave A Million Dollars Home.

Examples of Homes Listing for Sales in City of Toronto.

3 bed rooms, 2 bath rooms - All in City of Toronto

How much you think this Home:  Click here

Update January, 2022

- A Semi Detached Home 2-Bedroom SOLD (not Mouth) $6.3 Million Dollars in City Toronto end of 2021 from The Globe and Mail, a very big online Media News Paper like Toronto Star. When it said 2-Bed Rooms telling that this 6.3 M Semi Detached is small Home because 90% Home in Toronto at least 3 Bed Rooms are common. It is true that there are semi-detached Homes worth 6 Million Dollars, even expensive than Detached Home. But it doesn't mean all Semi Detached Homes worth $6 Million Dollars in order to pump up, blow up price. Mouth Exaggerate. Although it has been SOLD 6.3M not Listing Price for Sales. That's why Real Estate Industry used Ave Home Price of Semi Detached Home in Toronto is 1.43 M in 2021 (highest on record ever, All Time High happened in 2021) not 6M, 4.5x higher than its real official price. NOTE: It takes 20 years for Toronto Home Market increased 5x from Ave 220,000$ -> Ave 1.1M in 2021. It is a long time. Pump up, blow up price in hope trickle down water the price will create bubble, freeze, unrealistic, lost trust in market. There is no such "Trickle Down Water Price" in real estate. The Price Ups/ Downs depend on "Supply/ Demand" of the Market. That's why we recommend people used Ave Price, official Data of Properties, Homes have been SOLD on the Market. But a lot of common people still use "Mouth Data" self speaking exaggerate. We don't see they talk about Ave Price. The Wealth Effect Theory #8 says " Wealth Creates More Wealth" by hard work, clean money, honesty, integrity. Take 20 years Become Millionaire. Even you have salary 250,000$ / year will take you 40 years Become Millionaire. No such quick rich, quick Millionaires like people's big mouth on TikTok. - Average Return On Investment (ROI) Home in Toronto is from 6% -> 10% every year, equal to Salary 120,000$ / year. But this year 2021, Home Toronto Prices return 25%, a double digit price gains ROI.

- A Semi Detached Home 2-Bedroom SOLD $6.3 Million Dollars only in City Toronto - Hire an Interior Designer will make your Home worth more.

" Data shows Toronto Home Prices up almost 25% in 2021. Home Sales in 2021 exceeded the 2016 record ever."
=> In City Toronto, December 2021, Ave Price = 1,023,029 dollars. Compared last year Dec 2020 = $894,183.
- In City Toronto (416), Detached Home = $1,700,000. Price Up 15% = $223,242 Compared to last year Dec 2020.
- Semi Home = $1,342,429. Price Up 15.7% = $182,321 Compared to last year Dec 2020
=> In GTA (Greater Toronto Area, Phone code: 905), Average Price = 1,157,849 dollars, compared to last year Dec 2020 = $932,297.
- In GTA, Detached Home = $1,568,849. Price Up 33.3%.
- Home Price: GTA Ave Price for all home types combined $1,157,849, Up +24.2% compared to Dec 2020.

=> In Vancouver Home Market December, 2021.
-> 3rd Largest City's Population 2.26M, after Toronto, Montreal, Film, Tourism, Travel Industry, University British Columbia rank #2 Canada, after Univ Toronto #1, Province British Columbia.
- Ave Price = $1,230,200 (#2nd in the world) - Home Price Up 17.3% compare to last year Dec, 2020 $1,044,000
- Detached Home: $1,910,200 (#2nd in the world) - Price Up: 22%  last year Dec, 2020 $1,554,600
- Attached Home: $1,004,900 -  Price Up 22% compare to last year Dec, 2020 $813,900
- Condos: $761,800 - Price Up 12.8% compare to last year Dec, 2020  $676,500

A Million Dollars Home, most expensive Home in Canada and in the World
There are less than 5 Cities in the World have Ave Home Price >= 1 Million Dollar.
Because of its big Price, the Return On Investment (ROI) of A Million Dollars Home is:
1) Big ROI each year = Salary 120,000$ -> 150,000$ 2) Double 2x every 7 - 8 years. 3) Easy Become Millionaire

NOTE: This year 2021, Detached Home returns: $223,242 equal to Salary = $400,000, Semi Detached = $182,321 equal Salary = 330,000$, after minus Income Tax.

- CPP: Canadian Pension Plan contribution - EI: Unemployment Insurance contribution Don't sell your A Million Dollars Home because it is a Big Return On Investment every year. The higher Salary, the bigger Tax, nearly 1/2 Salary. That's why Salary = 250,000$ / year, after Tax + Living Expensive, you don't have much -> Take 40 years Become Millionaire. On Average, A Million Dollars Home in Toronto returns ROI equal Salary = 120,000$ -> 150,000$ every year.

Here are the most expensive Homes reached Ave A Million Dollars Home in Canada:
1) Detached Home in Vancouver Ave Home Price = 1.91M (#2nd in the World)
2) Detached Home in City of Toronto  Ave Home Price = 1.81M (used to close with Detached Vancouver, not much different Price )
3) Detached Home in GTA Ave Home Price = 1.56M (used to close with Semi-Detached City Toronto. But people move out of City to Suburban GTA pushing price higher)
4) Semi Detached Home in City of Toronto Ave Home Price = 1.43M
=> Home Owner of A Million Dollars Home over 20 y, Buy Home with Deposit at least 20%, you are Millionaire.

=> Top 10 City's Most Expensive Housing In The World by Ranking. The First Top 5 Have Ave Home >= A Million Dollars Home.
1) Hong Kong 2) Vancouver 3) Toronto 4) Singapore 5) Shanghais 6) Shenzhen 7) Los Angeles  8) New York City 9) London 10) Paris

Important News
1) Lack of Home Supply, Home Builder. Supply  Side
2) Lack of Home Listing for Sales. Supply Side. Because people don't want to sell home, moving, and let people come to see their home during COVID.
3) Low Interest Rate on record 0.25%, thus low borrowing cost Buy Home. More Demand Side.
=> 1) 2) 3) More people Demand Home, low Supply Home, thus Pushed Home Price higher on record for 2021.
4) GTA Home Price up on record because people continue moving away City Toronto where Companies, Businesses are still affected by COVID, now Omicron cases on record more than ever. The City "semi lockdown". They work remote from Home, stay at Home more, thus looking for more space, backyard.
-> The Demand for GTA Home Price will be normal, go down when COVID Pandemic over. The big Exodus from City to Suburban outside city over. People back to work in the offices of companies, businesses, Gov Agencies in City Toronto.
5) Detached, Semi Detached of City Toronto Down 100,000$ compared to last month All Time High.
So far, COVID-19 Pandemic no affect but on record Price & Sales in Housing in Canada and Toronto, Vancouver, but will Omicron ? Not sure. 

Since CIVID-19 Pandemic began in Jan 2020, 1st peak lock down in March 2020 to Jan 2022 in total 5th Wave, You can see Omicron, the 5th Wave is increasing COVID Cases and  Hospitalization across Canada up 84% on record ever All Time High for just only 3 - 4 weeks since mid Dec 2021 - mid Jan 2022.

6) Unlike Stock Ups/ Downs, Profit/ Lost in every second, Real Estate like Property, Home Ups/ Downs every Month measured by all Homes have been SOLD in that month, Profit/ Lost measured every year by comparing to same period of last year. That's why Home's Profit/ Lost by comparing to same month of last year so that can see real Profit/ Lost.
Although compare to last month "All Time High" Home in City Toronto lost 100,000$. But actually "real" Profit for city Toronto's Detached Home = $223,242, Semi Detached Home profit = $182,321 by comparing Dec 2021 to last year Dec 2020 for your "real Profit" of Detached and Semi Home End of Year 2021.
7) Next month February 2022, we begin Home Data for Jan 2022 then compare to last year Jan 2021 see Profit/ Lost.

Home Data for Canada usually released late in 15 mid-month. (update Jan 17, 2022)
=> Canada Average Home Price in Dec 2021 $713,500 Price up 17.7% compare to last year Dec 2020. Including all Cities and Provinces.
- Average home price in the United States in 2021: $374,900 including all Cities and States.
- Home Sales Down: -9.9% compare to last year Dec, 2020. But Sales Up 0.2% compare to last month Nov/ 2021
- Last month November, 2021 $720,850 high on record.
- If take away Toronto, Vancouver, Canada Average Home Price in December, 2021 $563,500
 
Home Data of few biggest Cities Canada in Dec 2021
- Calgary City, Ave Price = 446,300$ up 10.1%, Detached 547,300$ Up 11.9% compare to last year Dec 2020.
-> Calgary Population 1.3M, 4th largest City of Canada of population, Center of Oil, Gas, Producers of Canada, Cowboy Hat , Prairies Province Alberta.
- Montreal City, Ave Price = 525,000$ up 17%, Detached 567,300$ Up 22% compare to last year.
-> Montreal, Quebec's City, Population 3.5M, 2nd largest city Canada after Toronto 9.6M, French speaking, McGill University rank #3 in Canada, Quebec Province.
- Ottawa Capital, Ave Price = 615,858$ up 16%, Detached 710,000$ Up 18% compare to last year Dec 2020.
-> Ottawa Population 1.1M, 5th largest City of Canada of population, Capital of Canada, Ontario Province.
- Edmonton, Ave Price = 381,168$ up 5%, Detached 462,000$ Up 8% compare to last year Dec 2020.
-> Edmonton City Population 1.06 M, 6th largest City of Canada of population, Oil & Gas Industry, Producers, Oil Capital of Canada, Capital City of Alberta Province.
 

Update December, 2021

Toronto Home Market including GTA and City Toronto for November 2021 was released in December, 2021.
Global News :" Sales top all time high on record for all months of November. Prices reach all time high "
=> In City Toronto, November 2021, Ave Price = 1,096,736 dollars. Compared last year Nov 2020 = $979,460.
- In City Toronto (416), Detached Home = $1,807,983 all time high. Price Up 22.3% = $330,757 Compared to last year Nov 2020.
- Semi Home = $1,431,988 all time high (same Detached Home Price last year). Price Up 23.4% = $271,077 Compared to last year Nov 2020
=> In GTA (905), Average Price = 1,163,323 dollars all time high, compared to last year Nov 2020 = $955,889.
- In GTA, Detached Home = $1,492,831 all time high. Price Up 32.7%.
- Home Sales: In Nov 2021, GTA Home Sales more than 3.3% on record compared to last year Nov 2020.
- Home Price: GTA Ave Price for all home types combined $1,163,323, Up +21.3% compared to Nov 2020.

=> In Vancouver Home Market November, 2021. (8th Largest City's Population in Canada, Province British Columbia)
- Ave Price = $1,211,120 (#2nd in the world) - Home Price Up 14.7% compare to last year Nov, 2020 $1,044,000
- Detached Home: $1,870,000 (#2nd in the world) - Price Up: 20.8%  last year Nov, 2020 $1,538,900, Sales Down: -7%
- Attached Home: $990,300 -  Price Up 20.2% compare to last year Nov, 2020 $814,800, Sales: -3%
- Condos: $752,800 - Price Up 11.4% compare to last year Nov, 2020  $676,500 - Sales: 14.7%

=> Detached Home Vancouver is as Same Price as  Detached Home City Toronto, difference only 60,000$, very small when Ave 1.8M.
=> Canada Average Home Price in November, 2021 $720,850 was released in Dec 15. (update Dec 17)
- Average home price in the United States in 2021: $374,900
- Price Up: 19.6% . Sales Down: -0.7% compare to last year Nov, 2020. But Sales Up 0.6% month-over-month
- Last month October, 2021 $716,285. Data for Home Canada usually released late in 15 mid-month.

Canadian's Toronto million dollar real estate ends 2021 with "All time high"