Toronto Housing Market Charts November 2013

10
Housing Market Charts   November 2013

Transcript of Toronto Housing Market Charts November 2013

8/13/2019 Toronto Housing Market Charts November 2013

http://slidepdf.com/reader/full/toronto-housing-market-charts-november-2013 1/10

Housing Market Charts – November 2013

8/13/2019 Toronto Housing Market Charts November 2013

http://slidepdf.com/reader/full/toronto-housing-market-charts-november-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 Sales

Monthly with Three Previous Years for Comparison2010 2011 2012 2013

8/13/2019 Toronto Housing Market Charts November 2013

http://slidepdf.com/reader/full/toronto-housing-market-charts-november-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 Listings

Monthly with Three Previous Years for Comparison2010 2011 2012 2013

8/13/2019 Toronto Housing Market Charts November 2013

http://slidepdf.com/reader/full/toronto-housing-market-charts-november-2013 4/10

8/13/2019 Toronto Housing Market Charts November 2013

http://slidepdf.com/reader/full/toronto-housing-market-charts-november-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

$600,000

Source: Toronto Real Estate Board

TorontoMLS Average Resale Home Price

Monthly with Three Previous Years for Comparison2010 2011 2012 2013

8/13/2019 Toronto Housing Market Charts November 2013

http://slidepdf.com/reader/full/toronto-housing-market-charts-november-2013 6/10

8/13/2019 Toronto Housing Market Charts November 2013

http://slidepdf.com/reader/full/toronto-housing-market-charts-november-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 Listings

Monthly Time Series with Trend LineActual MLS® New Listings

Trend (12-Month Moving Average)

8/13/2019 Toronto Housing Market Charts November 2013

http://slidepdf.com/reader/full/toronto-housing-market-charts-november-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 Price

Monthly Time Series with Trend LineActual MLS® Average Price

Trend (12-Month Moving Average)

8/13/2019 Toronto Housing Market Charts November 2013

http://slidepdf.com/reader/full/toronto-housing-market-charts-november-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 to

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

8/13/2019 Toronto Housing Market Charts November 2013

http://slidepdf.com/reader/full/toronto-housing-market-charts-november-2013 10/10