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January 2012

Found 1 blog entry for January 2012.

The MLS® Housing Price Index (HPI) is coming to Calgary in February, as part of a nationwide rollout involving boards in Canada’s largest cities.

CREB® has been working with CREA and other boards and associations across Canada to develop the MLS® HPI.
 
The MLS® HPI allow housing price trends to be tracked over time within local communities and national markets for different property types including:

  • one-storey single-family homes
  • two-storey single-family homes
  • townhouse/row units
  • apartment units

As you know, the average price in a market can vary widely from month to month, depending on volume shifts in various price segments. Reporting the average price can sometimes falsely exaggerate trends, causing a lot of confusion. This new monthly

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