Pictured above is the most recent (July) chart that plots the monthly MLS average price since January 1995.

Both the actual average price is shown but more importantly a trend line computed to show the moving average.

This Toronto Real Estate average MLS price chart shows the Toronto resale price over a longer period of time rather than the media who exploit small changes that appear to scare the public.

You can be the judge, here the prices and time-lines are presented in an open way by the largest Real Estate Board in Canada.