CREA Welcomes 18 Ontario Markets to the MLS® HPI

The most advanced and accurate tool to gauge a neighbourhood’s home price levels and trends just got more robust.

CREA is pleased to welcome 18 Ontario markets to the MLS® Home Price Index (HPI). They are:

  • Bancroft & Area
  • Brantford Region
  • Cambridge
  • Grey Bruce Owen Sound
  • Huron Perth
  • Kawartha Lakes
  • Kitchener-Waterloo
  • Lakelands
  • London & St. Thomas
  • Mississauga
  • North Bay
  • Northumberland Hills
  • Peterborough & the Kawarthas
  • Quinte & District
  • Simcoe & District
  • Southern Georgian Bay
  • Tillsonburg District
  • Woodstock-Ingersoll

Together, with the recent additions of Quebec CMA, Winnipeg, and Newfoundland and Labrador, the MLS HPI® now covers 39 markets across Canada—that makes up nearly 80% of real estate activity across Canada.*

What is the MLS® HPI?

Average or median prices can change a lot from one month to the next and paint an inaccurate or even unhelpful picture of price values and trends. The MLS® HPI is based on the value home buyers assign to various housing attributes, which tend to evolve gradually over time. The MLS® HPI therefore provides an “apples to apples” comparison of home prices across the entire country, using more than 15 years of data.

What are the benefits of being a part of the MLS® HPI?

You can price your clients’ homes with confidence. With the MLS® HPI, you can:

  • support your business with the latest market stats;
  • see how a home’s features affect its price;
  • see what’s happening in your local market; and
  • gain info exclusively for REALTORS®.

REALTORS® should contact their board or association for more information on how to access the MLS® HPI Tool.

*Based on the 10-year average from 2010-2019.