Toronto Housing Market Charts February 2014

8/12/2019 Toronto Housing Market Charts February 2014

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Housing Market Charts February 2014


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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

Source: Toronto Real Estate Board

TorontoMLS Sales

Monthly with Three Previous Years for Comparison2011 2012 2013 2014


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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


TorontoMLS New Listings



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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.

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.

0.000.100.200.300.400.50

0.600.700.800.901.001.10


TorontoMLS Sales-to-New Listings Ratio



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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

$600,000


TorontoMLS Average Resale Home Price



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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


TorontoMLS Sales

Monthly Time Series with Trend Line

Actual MLS Sales

Trend (12-Month Moving Average)


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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

10,00012,000

14,000

16,000

18,000

20,000

22,000


TorontoMLS New Listings

Monthly Time Series with Trend LineActual MLS New Listings



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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 thetrend.

175,000

225,000

275,000

325,000375,000

425,000

475,000

525,000

575,000


TorontoMLS Average Price

Monthly Time Series with Trend LineActual MLS Average Price



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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 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

AveragePriceAnn

ualPerCentChange

(BrownLine)

Sales-to-NewL

istingsRatio

(BlueLine)


TorontoMLS Sales-to-New Listings Ratio Compared to

Average Annual Per Cent Change in Home PriceSales-to-New Listings Ratio

Average Price Annual Per Cent Change


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Toronto Housing Market Charts February 2014