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TREB Housing Market Charts August 2018

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Toronto Real Estate Board Housing Market Analysis August 2018 - Toronto and GTA Housing Market Statistics based on MLS Listings and Sales. See what house prices are doing in Mississauga and the GTA. Visit http://www.petersonteam.ca for more information. #mississaugahomesales #petersonteam #mississaugarealestateagent #bestneighbourhoods

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TREB Housing Market Charts August 2018

  1. 1. TREB Housing Market Charts August 2018
  2. 2. Toronto Real Estate Board 2 Explanation: This chart plots monthly MLS� sales for the current year and the previous three years. The recurring seasonal trend can be examined along with comparisons to previous years for each month. 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Source: Toronto Real Estate Board TREB MLS� Sales Monthly with Three Previous Years for Comparison 2015 2016 2017 2018 TREB Housing Market Charts
  3. 3. Toronto Real Estate Board 3 Explanation: This chart plots monthly MLS� new listings for the current year and the previous three years. The recurring seasonal trend can be examined along with comparisons to previous years for each month. 0 5,000 10,000 15,000 20,000 25,000 30,000 Source: Toronto Real Estate Board TREB MLS� New Listings Monthly with Three Previous Years for Comparison 2015 2016 2017 2018 TREB Housing Market Charts
  4. 4. Toronto Real Estate Board 4 Explanation: This chart plots the monthly MLS� sales-to-new listings ratio (SNLR) for the current year and the previous three years. The recurring seasonal trend can be examined along with comparisons to previous years for each month. 0% 20% 40% 60% 80% 100% 120% 140% Source: Toronto Real Estate Board TREB MLS� Sales-to-New Listings Ratio Monthly with Three Previous Years for Comparison 2015 2016 2017 2018 TREB Housing Market Charts
  5. 5. Toronto Real Estate Board 5 Explanation: This chart plots the monthly MLS� average home price for the current year and the previous three years. The recurring seasonal trend can be examined along with comparisons to previous years for each month. $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 Source: Toronto Real Estate Board TREB MLS� Average Resale Home Price Monthly with Three Previous Years for Comparison 2015 2016 2017 2018 TREB Housing Market Charts
  6. 6. Toronto Real Estate Board 6 Explanation: This chart plots monthly MLS� sales since January 1995. The blue line shows actual sales. The brown line is the trend computed using a 12-month moving average, which exhibits no seasonal variations or other irregular fluctuations. A substantial change in actual sales must occur to change the direction of the trend. 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Source: Toronto Real Estate Board TREB MLS� Sales Monthly Time Series with Trend Line Actual MLS� Sales Trend (12-Month Moving Average) TREB Housing Market Charts
  7. 7. Toronto Real Estate Board 7 Explanation: This chart plots monthly MLS� new listings since January 1995. The blue line shows actual new listings. The brown line is the trend computed using a 12-month moving average, which exhibits no seasonal variations or other irregular fluctuations. A substantial change in actual new listings must occur to change the direction of the trend. 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 20,000 22,000 24,000 26,000 28,000 Source: Toronto Real Estate Board TREB MLS� New Listings Monthly Time Series with Trend Line Actual MLS� New Listings Trend (12-Month Moving Average) TREB Housing Market Charts
  8. 8. Toronto Real Estate Board 8 Explanation: This chart plots monthly MLS� average price since January 1995. The blue line shows the actual average price. The brown line is the trend computed using a 12-month moving average, which exhibits no seasonal variations or other irregular fluctuations. A substantial change in actual average price must occur to change the direction of the trend. 175,000 275,000 375,000 475,000 575,000 675,000 775,000 875,000 975,000 Source: Toronto Real Estate Board TREB MLS� Average Price Monthly Time Series with Trend Line Actual MLS� Average Price Trend (12-Month Moving Average) TREB Housing Market Charts
  9. 9. Toronto Real Estate Board 9 Explanation: This chart plots the monthly sales-to-new listings ratio (blue line) with year-over-year average annual per cent price change (brown line). When the sales-to-new listings ratio moves higher, average annual per cent change in home prices generally trends higher. When the sales-to-new listings ratio moves lower, average annual per cent change in home prices generally trends lower. -20% -10% 0% 10% 20% 30% 40% 0.00 0.20 0.40 0.60 0.80 1.00 1.20 1.40 AveragePriceAnnualPerCentChange (BrownLine) Sales-to-NewListingsRatio (BlueLine) Source: Toronto Real Estate Board TREB MLS� Sales-to-New Listings Ratio Compared to Average Annual Per Cent Change in Home Price Sales-to-New Listings Ratio Average Price Annual Per Cent Change TREB Housing Market Charts
  10. 10. Toronto Real Estate Board 10 1. Average annual or year-to-date home price as reported by TREB 2. 20 per cent down payment 3. Average 5-year fixed mortgage rate (Statistics Canada); 25-year amortization 4. Average property tax rate reported by/estimated from the Statistics Canada Survey of Household Spending 5. Average utilities cost reported by/estimated from the Statistics Canada Survey of Household Spending and components of the Consumer Price Index 6. Average household income reported by the Census of Canada. Years in between Censuses estimated using interpolation (years up to 2005) or annual growth in average weekly earnings reported by Statistics Canada in the Labour Force Survey (2006 onward). 25% 30% 35% 40% 45% 50% 55% *Note: AssumesTREB average price and average 5-Year fixed ratemortgage Source: Toronto Real Estate Board Dataand Calculation; StatisticsCanada TREB Affordability Indicator Share ofAverage Household Income Usedfor Mortgage Principaland Interest, Property Taxesand Utilitieson theAveraged Priced GTA ResaleHome TREB Housing Market Charts

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