February 2013 Townhouse MLS® Home Price Index (HPI)

The TREB Townhouse February 2013 Benchmark Price was $325,500 (4.80%) versus a year ago and the corresponding MLS® Home Price Index (HPI) is 148.6. 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 $369,500 with an HPI of 152.8.

TOWNHOUSE

   

PERCENTAGE CHANGES


NEIGHBOURHOOD


BENCHMARK
PRICE

INDEX
HPI

1
YEAR

3
YEAR

5
YEAR

10
YEAR

             

TREB

$325,500

148.6

4.80%

17.84%

26.68%

61.52%

TORONTO

$369,500

152.8

4.37%

16.46%

29.82%

61.18%

BURLINGTON

$336,000

167.3

2.76%

19.93%

38.15%

96.13%

HALTON HILLS

$276,600

153.4

4.50%

16.30%

29.78%

79.63%

MILTON

           

OAKVILLE

$348,800

157.9

5.62%

17.92%

32.24%

84.46%

BRAMPTON

$252,800

136.1

6.41%

19.60%

22.94%

50.55%

CALEDON

           

MISSISSAUGA

$334,600

155.8

5.70%

22.10%

27.81%

71.02%

AURORA

$350,600

138.4

7.29%

16.30%

18.19%

53.27%

MARKHAM

$369,700

148.8

-1.39%

15.44%

26.85%

61.21%

NEWMARKET

$313,600

155.3

9.37%

23.55%

36.47%

72.94%

RICHMOND HILL

$405,700

143.5

11.33%

11.33%

19.78%

51.53%

VAUGHAN

$404,400

148.0

1.93%

16.08%

28.36%

60.17%

STOUFFVILLE

           

AJAX

$233,600

127.8

10.17%

8.58%

14.41%

37.42%

OSHAWA

$142,400

106.4

-1.02%

6.19%

2.41%

22.58%

PICKERING

$243,200

134.8

9.95%

12.99%

18.35%

44.79%

UXBRIDGE

           

WHITBY

$234,900

128.1

1.10%

14.27%

17.42%

48.26%

             

SOURCE: TREB

           

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Donald Lum

Donald Lum

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