January 2013 Townhouse MLS® Home Price Index (HPI)

The TREB Townhouse January 2013 Benchmark Price was $322,600 (4.91%) versus a year ago and the corresponding MLS® Home Price Index (HPI) is 147.3. The Index allows an apple to apples comparison of benchmark home prices from one year to the next. The Index shows the price changes from the 2005 benchmark price base (100). The Index removes the influence of non-comparable home sales that would skew average and median price data.

The Toronto Benchmark Price was $368,600 with an HPI of 152.4.

TOWNHOUSE

   

PERCENTAGE CHANGES


NEIGHBOURHOOD


BENCHMARK
PRICE

INDEX
HPI

1
YEAR

3
YEAR

5
YEAR

10
YEAR

             

TREB

$322,600

147.3

4.91%

18.03%

26.22%

61.16%

TORONTO

$368,600

152.4

5.47%

17.68%

30.15%

61.61%

BURLINGTON

$321,900

160.3

1.65%

16.67%

34.25%

87.70%

HALTON HILLS

$265,800

147.4

2.65%

14.35%

26.74%

72.40%

MILTON

           

OAKVILLE

$335,300

151.8

4.33%

15.61%

28.86%

77.13%

BRAMPTON

$256,400

138.0

8.49%

20.95%

24.44%

53.50%

CALEDON

           

MISSISSAUGA

$328,800

153.1

4.58%

21.12%

26.32%

69.36%

AURORA

$355,100

140.2

9.87%

19.32%

22.23%

57.71%

MARKHAM

$366,700

147.6

-0.74%

16.13%

25.62%

60.09%

NEWMARKET

$315,200

156.1

14.11%

26.29%

40.13%

76.58%

RICHMOND HILL

$391,600

138.5

5.97%

8.03%

16.68%

48.45%

VAUGHAN

$405,700

148.5

3.63%

17.58%

31.77%

61.94%

STOUFFVILLE

           

AJAX

$230,300

126.0

5.53%

8.15%

13.00%

37.25%

OSHAWA

$141,300

105.6

3.63%

5.28%

3.12%

23.36%

PICKERING

$239,400

132.7

6.84%

11.98%

16.61%

44.40%

UXBRIDGE

           

WHITBY

$233,400

127.3

1.35%

14.48%

15.41%

48.37%

             

SOURCE: TREB

           

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Donald Lum

Donald Lum

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