Oakville Real Estate News

MLS Home Price Index


Blog by Joette Fielding | March 23rd, 2016


 statslogo_red.png

MLS® Home Price Index Benchmark Price

Composite HPI

February 2016

Percentage Change vs.

1 month ago

3 months ago

6 months ago

12 months ago

3 years ago

5 years ago

Aggregate

$519,900

1.41

2.30

3.78

8.49

19.62

27.20

Lower Mainland

$700,700

2.81

5.95

12.08

21.38

31.30

35.53

Greater Vancouver

$795,500

2.61

5.58

12.06

22.18

34.50

38.16

Fraser Valley

$522,400

3.43

6.97

12.40

19.39

23.60

29.17

Vancouver Island

$319,100

0.13

0.51

0.71

5.72

9.25

4.39

Victoria

$468,900

2.33

3.43

4.62

9.84

11.43

4.62

Calgary

$440,900

-0.69

-2.13

-3.12

-3.45

12.37

17.82

Regina

$281,700

0.04

1.66

-0.79

0.11

-7.33

7.22

Saskatoon

$301,600

-0.48

-1.18

-3.33

-2.96

0.76

7.72

Greater Toronto

$589,000

1.85

2.82

4.27

11.30

28.84

42.23

Ottawa

$328,800

0.14

-0.34

-1.41

0.82

0.75

6.20

Greater Montreal

$304,100

0.70

0.44

0.32

1.67

4.08

8.57

Greater Moncton

$158,500

-0.89

0.38

3.49

6.97

6.97

8.18

1 All figures in this release except average price are seasonally adjusted. Removing normal seasonal variations enables meaningful analysis of monthly changes and fundamental trends.

 


PLEASE NOTE:

The information contained in this news release combines both major market and national MLS® sales information from the previous month.

CREA cautions that average price information can be useful in establishing trends over time, but does not indicate actual prices in centres comprised of widely divergent neighborhoods or account for price differential between geographic areas. Statistical information contained in this report includes all housing types.

MLS® is a co-operative marketing system used only by Canada’s real estate Boards to ensure maximum exposure of properties listed for sale.

Excerpt taken from http://www.crea.ca   


The FIELDING TEAM

Your #1 Source For Real Estate!

For all your real estate needs, call The Fielding Team at 905-842-7000 or visit our website at:  http://www.thefieldingteam.com

REAL EXPERIENCE, REAL COMMITMENT, REAL ESTATE