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15,000
10,000
5,000
6,000
4,000
2,000
325,000
275,000
225,000
175,000
20%
1.00
15%
(Brown Line)
0.80
(Blue Line)
10%
0.60 5%
0%
0.40
Sales-to-New Listings Ratio -5%
0.20
-10%
Average Price Annual Per Cent Change
0.00 -15%
55%
50%
45%
40%
35%
30%
25%
Source: Toronto Real Estate Board Data and Calculation; Statistics Canada
Explanation: This chart plots the share of average household income that goes toward mortgage principal and interest, property taxes and utilities
for the average priced home in the GTA subject to the following assumptions: