May TREB realty prices & INFLATION

These two lines (with squiggles and arrows) tell the story of NOMINAL Prices (as reported that yr) and ADJUSTED (to $2019 by BoC CPI) Prices

41 CPI adjTREBpricesVsNominal-May2019-1

 

This single line is the ADJUSTED Price “zeroed” to prior Peak in 1989

The Adjusted Peak Month was 190.07

The Adjusted Peak Annual Price was 170.30

Combined TREB Areas for May 2019 is 166.53

See 905 Sales & 416 Price charts -WOW!!

905 is back to 10yr average in sales arranged &

416 is back at Peak Month Average Selling Price!

 

51 1989 equals 100-May2019-1

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