This report contains Home Price Index (HPI) for Condominium. The home price index is an important parameter to track price trends in a specific market.
Willowdale East condominium HPI This report focuses on HPI values for condominium for Willowdale East. The Graph above shows the Willowdale East Condominium HPI, Red: condominium Condominium HPI value for Willowdale Ease: 12 months period June 2020: 289.6 June 2021: 307.5 From June 2020 to June 2021 price increase of 17.4% 1 month period May 2021: 305.5 June 2021: 307.5 From May 2021 to June 2021 price increase of 1.5% Condo prices show a sharp drop starting August 2020 until December 2020 because of the Pandemic. The condo prices start to rebound by early 2021 and price increase has been continuous. There is a modest price increase of 1.5% from May 2021 to June 2021. This is contrary to the housing market which shows price drop in both one-story and two-story detached homes. AuthorThe above Real Estate article was provided by David Khosravi, a leader in his field in North York, Willowdale Real Estate, Reach out to David via email: drdavidkg@gmail.com or by phone: 416.990.2424 Comments are closed.
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AuthorDavid Khosravi |