There are many factors involved with finding out the real pricepoint, and the other 4 methods mentioned in link below are more accurate.
Thank you to CBC for reporting this! We have been saying this for YEARS on The Mortgage Show on CKKW AM980 Saturdays at 7pm with me Angela Calla,AMP
http://www.cbc.ca/news/canada/story/2012/07/17/f-average-home-prices.html
Want to review your purchasing power or review your mortgage?
Ccontact the Angela Calla Mortgage Team callateam@dominionlending.ca 604-802-3983