Home price index (HPI) JULY 2021, Willowdale East, Ontario

Willowdale East one story detached residential: July 2021 price decrease of 8.4%

Willowdale East two story detached residential: July 2021 price increase of 16.5%​

Willowdale East residential Home Price Index (HPI) report, JULY 2021

This report contains two sections home price index for one-story detached single-family and two-story detached single-family for Willowdale East. The home price index is an important parameter to track price trends in a specific market.
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Brief Summary

• The source of data provided in this article is from Multiple Listing Service (MLS®)
• The data presented here as a The Base Year (also referred to as Base Period) of 2005

Willowdale East detached homes HPI values:

​Section (1) of this report focuses on HPI values (a) one story single family and (b) two story single family homes for both Willowdale East.

​Willowdale East,​ Red: 1 story detached Single Family, Blue: 2 Story detached single famil

Willowdale East detached homes HPI values:

 |One Story|

12 months period
July 2020: 356.4
July 2021: 380.5
From July 2020 to July 2021 price increase of 24.1%

1 month period
June 2021: 388.9
July 2021: 380.5
July 2021 price decrease of 8.4%


 |Two Story|

12 months period
July 2020: 356.4
July 2021: 355.7
From June 2020 to June 2021 price increase of 30.1%

1 month period
June 2021: 339.2
July 2021: 355.7
July 2021 price increase of 16.5%


For one-story, starting April 2021 price starts dropping, and we see no price change from May to June 2021. However, there is a 8.4% price decrease 

For two-story, there is a strong price increase of 16.5% for July 2021.

The value gap between one-story and two-story is still big but it seems the gap is getting smaller since one-story detached prices are coming down and two-story is increasing.

​| See more market report |

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Author

The 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
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