HOME PRICE INDEX (HPI) FOR RAGBOS MEMBERS
HOME PRICE INDEX (HPI) FOR RAGBOS MEMBERS
Tracking home price trends over time – by neighbourhood and housing type – allows you to see the bigger picture and understand how these trends can affect the market value of your clients’ homes.
The MLS® HPI provides a more precise picture of home price trends by gauging:
overall home prices for the market as a whole; and
prices for specific housing categories for the overall market or in a given neighbourhood.
Combined your knowledge, expertise and skills, REALTORS® can use the MLS® HPI to help clients approach buying or selling a home with greater confidence.