Tuesday, November 20, 2018

Historical Real Estate Data

Question:
A student is looking for historical prices for real estate prices in a neighbourhood in Montreal (Plateau Mont-Royal) from 1951 to this day. I do not believe this data is readily available, but I wanted to double check with the community. As far as I know, the best sources are:

MLS data (HPI tool: Monthly data from 2005 to 2018)
https://www.crea.ca/housing-market-stats/mls-home-price-index/hpi-tool/

Residential Property Values (yearly data from 2005 to 2015, by provinces and census metropolitan areas)
https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3410001301

Is there anything that goes further back than 2005 and that drills down to boroughs/neighbourhoods level (or at least CSD level) ?

If not I may contact the people at CREA (https://www.crea.ca/) who are in charge of the MLS data, but I wonder how far back their database goes.

Answer from DLI:
Have you tried the Royal Lepage Historical Database? It has prices for the Montreal Area (so I don’t think it goes down to neighborhood) back to the early 1970s.

If you don’t mind the approximation: “Value of dwelling (If you were to sell this dwelling now, for how much would you expect to sell it?)” and the five year jumps, you might consider Census Tract level Profile tables.

Answer from Subject Matter:
Here is our response from subject matter:


“There is nothing else available than the links below.  There is certainly no data before 2005, however there may be more details available in the future in terms of neighbourhoods in Montreal, in a few years.”