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Posts tagged ‘housing price index’

Sooke Real Estate Statistics – Now With 100% More HPI!

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Evening Street Scene in Sunriver Estates, Sooke

In November of last year, the Victoria Real Estate Board released its MLS® Housing Price Index, or HPI. This is a statistical measurement that paints a more accurate picture of housing prices, by examining sale prices each month and using a data model to scrub outliers from the data set. Simply put, it is more realistic because it goes beyond the simple mathematic measures of average and median. Keep reading to learn more. Read more