The Canadian Real Estate Association (CREA) released their Home Price Index report on Friday for May 2012. The statistics show that Toronto is leading the pack in regards to price increases with a year-over-year gain of 7.9%.
MLS Introduces Home Price Index: January 2012 Report
February 7, 2012 by Leave a Comment
The Toronto Real Estate Board and CREA (along with 4 other major Canadian real estate boards) released a new report yesterday called the Home Price Index. It’s kind of like the real estate world’s version of the Consumer Price Index (CPI). It is meant to provide information in a clearer…