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2006 TREB (Toronto Real Estate Board) Average Single Family Historical Home Prices and trends for Toronto and Mississauga


Graph of TREB Prices

TREB Average prices for Toronto and Mississauga, Single Family Homes - average price trends for real estate in mississauga ontario

This is a short summary of the Real Estate Market in Toronto and the GTA for 2006

2006 Ends On a High Note

The average single family residential price increased the following amounts in the past few years

Year
Average % Price Increase
Average Price
 
2006
5
350,645
2005
7
334,994
2004
7
314,427
2003
7
293,358
2002
10
275,371
2001
4
250,689
2000
6
241,412
1999
5
228,372
1998
3
216,815
1997
7
211,307
1996
-2
198,150
   
Average Price Increase past 10 years

The table above shows that prices have increased steadily since 1997, nearly 10 years of unprecedented growth.  These figures give an overall trend of the average prices of single family residential prices in the Toronto and GTA marketplace.

Of note is the fact that although the central core prices of real estate have escalated at a much higher rate than the values above.  TREB (the Toronto Real Estate Board) has continued it's expansion of MLS boundaries and therefore the average prices above take into account cities and towns that are much further out from the core that have much lower average prices compared to the city core.  This shows how great of an impact the high prices in the central city have on the overall price.  I don't know exactly how many kilometers of outward growth that TREB experienced over the past 10 years, but I would guess that at least tens of thousands of new properties have been taken into account when calculating the year over year figures.

If prices from 2007 for the next 5 years were to increase at an annual rate of 4% then the average price would be over $460,000 in 2013.  The graph below shows this estimated price incrase

Average TREB price estimate from 2007 to 2013 at 4% per year average incrase

Below is a Graph showing TREB Historical Average Price Data

Click this graph to see large graph of TREB Average prices for Toronto and Mississauga, Single Family Homes - Mark Argentino Real Estate Toronto mississauga, Realtor, Real Estate Agent, Broker,Buyers Representative

See the Average Price Cycles from January 1995 to Date - a very interesting cyclical pattern is clearly seen!

See how the historical 1 year mortgage interest rate compares to the 5 year rate

Average Price report for 2006

Average Price report for 2005

Average Price report for 2004

Mississauga District Prices

Archived issues of my TREB Market Watch reports

This information is taken from the TREB (Toronto Real Estate Board) average price figures that are published on a monthly basis for members like myself.

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April 9, '51 data 2002 

Mississauga MLS Real Estate Properties & MLS.CA Homes for Sale  | All Pages including Mississauga Real Estate Blog all maintained by info@mississauga4sale.com Copyright © A. Mark Argentino, P.Eng., Broker, RE/MAX Realty Specialists Inc., Brokerage, Mississauga, Ontario, Canada L5M 7A1 (905) 828-3434  Google  First created - Tuesday, July 16th, 1996 at 3:48:41 PM - Last Update of this website: Tuesday, August 1, 2017 8:30 AM
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