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7/30/2019 Toronto Housing Market Charts April 2013
1/10
Housing Market Charts April 2013
7/30/2019 Toronto Housing Market Charts April 2013
2/10
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
4,0006,000
8,000
10,000
12,000
Source: Toronto Real Estate Board
TorontoMLS SalesMonthly with Three Previous Years for Comparison
2010 2011 2012 2013
7/30/2019 Toronto Housing Market Charts April 2013
3/10
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 eachmonth.
0
5,000
10,000
15,000
20,000
25,000
Source: Toronto Real Estate Board
TorontoMLS New ListingsMonthly with Three Previous Years for Comparison
2010 2011 2012 2013
7/30/2019 Toronto Housing Market Charts April 2013
4/10
Explanation: This chart plots the monthly MLS sales-to-new listings ratio (SNLR) for the current year and the previousthree years. The recurring seasonal trend can be examined along with comparisons to previous years for each month.
When the SNLR moves higher, annual average price growth generally increases often at a rate well above inflation.When the SNLR moves lower, annual average price growth generally declines and can become negative.
0.000.100.200.300.400.500.600.700.800.901.001.10
Source: Toronto Real Estate Board
TorontoMLS Sales-to-New Listings RatioMonthly with Three Previous Years for Comparison
2010 2011 2012 2013
7/30/2019 Toronto Housing Market Charts April 2013
5/10
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 previousyears for each month.
$300,000
$350,000
$400,000
$450,000
$500,000
$550,000
Source: Toronto Real Estate Board
TorontoMLS Average Resale Home PriceMonthly with Three Previous Years for Comparison
2010 2011 2012 2013
7/30/2019 Toronto Housing Market Charts April 2013
6/10
Explanation: This chart plots monthly MLS sales since January 1995. The blue line shows actual sales. The brownline is the trend computed using a 12-month moving average, which exhibits no seasonal variations or otherirregular 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
Source: Toronto Real Estate Board
TorontoMLS SalesMonthly Time Series with Trend Line
Actual MLS Sales
Trend (12-Month Moving Average)
7/30/2019 Toronto Housing Market Charts April 2013
7/10
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.
2,0004,0006,0008,000
10,00012,000
14,00016,00018,00020,00022,000
Source: Toronto Real Estate Board
TorontoMLS New ListingsMonthly Time Series with Trend Line
Actual MLS New Listings
Trend (12-Month Moving Average)
7/30/2019 Toronto Housing Market Charts April 2013
8/10
Explanation: This chart plots monthly MLS average price since January 1995. The blue line shows the actual averageprice. 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 thetrend.
175,000
225,000
275,000
325,000375,000
425,000
475,000
525,000
575,000
Source: Toronto Real Estate Board
TorontoMLS Average PriceMonthly Time Series with Trend Line
Actual MLS Average Price
Trend (12-Month Moving Average)
7/30/2019 Toronto Housing Market Charts April 2013
9/10
Explanation: This chart plots the monthly sales-to-new listings ratio (blue line) with year-over-year average annual percent 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 changein home prices generally trends lower.
-15%
-10%
-5%
0%5%
10%
15%
20%
25%
0.00
0.20
0.40
0.60
0.80
1.00
1.20
A v e r a g e P r i c e A n n u a l P e r C e n t C h a n
g e
( B r o w
nL i n e )
S a
l e s - t
o - N
e w L i s t i n g s R a t i o
( B l u e L i n e
)
Source: Toronto Real Estate Board
TorontoMLS Sales-to-New Listings Ratio Compared toAverage Annual Per Cent Change in Home Price
Sales-to-New Listings Ratio
Average Price Annual Per Cent Change
7/30/2019 Toronto Housing Market Charts April 2013
10/10
Explanation: This chart plots the share of average household income that goes toward mortgage principal and interest, property taxes and utilitiesfor the average priced home in the GTA subject to the following assumptions:
1. Average annual or year-to-date home price as reported by TREB2. 20 per cent down payment3. Average 5-year fixed mortgage rate (Statistics Canada); 25-year amortization4. Average property tax rate reported by/estimated from the Statistics Canada Survey of Household Spending5. Average utilities cost reported by/estimated from the Statistics Canada Survey of Household Spending and components of the Consumer Price Index6. 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%
Source: Toronto Real Estate Board Data and Calculation; Statistics Canada
TREB Affordability IndicatorShare of Average Household Income Used for Mortgage Principal and Interest,Property Taxes and Utilities on the Averaged Priced GTA Resale Home