The MLS® Home Price Index ("HPI") has been emphasized a bit more by the Toronto Real Estate Board ("TREB") recently, and I've been seeing it mentioned in the media a bit more of late. This index is supposed to work like the Consumer Price Index ("CPI") that most are familiar with. The CPI tracks changes in price of a "basket of goods and services," while the HPI tracks a "basket of home attributes." In both cases what's in the basket... [read more]

Are you curious which of the 144 Toronto neighbourhoods are the most expensive? The least expensive? Yeah, me too, so I dug into it. You will find interactive maps down the page, showing averaged detached prices for all neighbourhoods and which areas had the highest % gains, but first... A little background I've been doing this for a few years now. For example, here are the most and least expensive neighbourhoods for 2019 and 2018. Last year I published a companion... [read more]

Are you curious which of the 144 TREB neighbourhoods are the most expensive? The least expensive? Yeah, me too, so I dug into it. You will find an interactive map at the bottom of the page, showing averaged detached prices for all neighbourhoods, but first... A little background First off, here are the most and least expensive neighbourhoods in 2018. I'll publish a companion post to this that shows which areas went up (and down) by the largest dollar amount and percentage;... [read more]

In the blog last month, I was noting how December condo volumes all of a sudden spiked up and I investigated whether investors were back. (Spoiler: I thought they were.) This month, I'm going to double down on that and look at some of the same things as January's 416 condo sales numbers were record-breaking. This month I want to also highlight that I set up new charts (20 of them!) that are now responsive so you can hover over any line and find the year and the number... [read more]

In the blog last month, I was noting how December condo volumes all of a sudden spiked up and I investigated whether investors were back. (Spoiler: I thought they were.) This month, I'm going to double down on that and look at some of the same things as January's 416 condo sales numbers were record-breaking. This month I want to also highlight that I set up new charts (20 of them!) that are now responsive so you can hover over any line and find the year and the number for that... [read more]