February 2013 Apartment MLS® Home Price Index (HPI)

Apartment MLS® Home Price Index (HPI)

The TREB Apartment February 2013 Benchmark Price was $290,200 (1.26%) versus a year ago and the corresponding MLS® Home Price Index (HPI) is 144.5. The Index allows an apple to apples comparison of benchmark home prices from one year to the next. The HPI shows the price changes from the 2005 Benchmark Price Base (100) and removes the influence of non-comparable home sales that would skew the average and median price data.

The Toronto Benchmark Price was $303,900 with an HPI of 147.2.

APARTMENT

   

PERCENTAGE CHANGES


NEIGHBOURHOOD


BENCHMARK
PRICE

INDEX
HPI

1
YEAR

3
YEAR

5
YEAR

10
YEAR

             

TREB

$290,200

144.5

1.26%

7.04%

22.15%

48.21%

TORONTO

$303,900

147.2

0.96%

5.75%

21.85%

50.36%

BURLINGTON

           

HALTON HILLS

           

MILTON

           

OAKVILLE

           

BRAMPTON

$181,200

115.8

1.85%

5.27%

11.03%

23.59%

CALEDON

           

MISSISSAUGA

$238,300

136.1

3.18%

12.76%

22.61%

41.62%

AURORA

$305,000

146.8

8.02%

14.87%

25.26%

47.83%

MARKHAM

$338,100

146.2

-6.40%

8.38%

27.35%

49.03%

NEWMARKET

$253,800

150.7

2.45%

10.97%

28.91%

52.99%

RICHMOND HILL

$302,700

145.3

1.32%

9.99%

28.36%

46.32%

VAUGHAN

$310,000

139.7

3.25%

11.05%

26.77%

41.11%

STOUFFVILLE

           

AJAX

$213,600

125.8

12.12%

5.98%

16.48%

32.56%

OSHAWA

$161,200

134.7

5.56%

-3.99%

12.53%

39.59%

PICKERING

$253,400

129.4

15.74%

11.74%

15.33%

38.54%

UXBRIDGE

           

WHITBY

$257,700

132.1

9.81%

8.28%

15.88%

40.08%

             

SOURCE: TREB

           

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Donald Lum

Donald Lum

Sales Representative
CENTURY 21 Leading Edge Realty Inc., Brokerage*
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