Home > real-estate > Toronto Housing Market 1999-2010

Toronto Housing Market 1999-2010

The recent rise in house prices across Canada bucking the trend elsewhere in the developed countries has given plenty of fodder to media & economic research houses…

Here is my take on it…

Until 2005 the house price rise in Toronto was at a constant rate year-over-year… the recent rise in prices since April/May 2009 has been at a much higher rate than the 10 year average AND it has been on decreasing sales i.e. fewer houses sold but at higher prices… this is analogous to rise in share prices but on lower than average volume…

Toronto Housing Market 10 year history of House Prices & Units Sold

Source: Teranet House Price Index

Number of resale homes sold in toronto since 2006 by month

Source: Teranet House Price Index

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