Bill Noy | Margaret Ji   Hugh & Mckinnon Realty |        |  

we’re different

Housing Price Index for all types of housing

The Housing Price Index tells you the prices for the market as a whole. Other price statistics like average sale price swing dramatically in response to just a few high-end or low-end sales. It allows you to see trends in overall home prices. The Housing Price Index (HPI) measures benchmark or typical home prices. The HPI is the most accurate market indicator because it represents the price of the ‘typical house’ in a given area.