It's easy to think of the real estate market as some monolithic entity that moves more or less in the same direction for large chunks of time. But the data below tells a more complex story. Here we see the price fluctuations and other sales data in Kitchener-Waterloo from month to month and year over year. What's interesting is that there is not only a correlation between seasonal variations in supply and demand (as we would expect) but also a more nuanced correlation between prices and consumer confidence.
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