Why use the MLS® Home Price Index (HPI)?
Tracking home price trends over time allows you to see the bigger picture and understand how these trends can affect the market value of your home. The comprehensive data provided by the MLS® HPI puts accurate information in the hands of your REALTOR® who can use it to help you get the price right, regardless of whether you’re buying or selling.
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.
By combining this detailed information with the knowledge, expertise and skills of a REALTOR®, you can approach buying or selling a home with greater confidence.
Need help finding a REALTOR®? Browse thousands of local REALTORS®.
REALTORS® should contact their board or association for more information on how to access the MLS® HPI.