MPAC launches new tool to offer homeowners real estate insights

Last week, the Municipal Property Assessment Corporation (MPAC) launched its Property Pulse Dashboard, a new free tool to help homeowners make informed decisions about their property and understand market trends over time.

“We are enhancing the information we provide property owners, allowing them to gain a better understanding of the residential market,” says Greg Martino, vice president and chief valuation and standards officer for MPAC.

“This new tool, along with our recent release of housing inventory data, has been designed with property owners in mind so they can learn more about the changes to the residential property market in communities across Ontario and therefore facilitate more informed decision-making.”

Features of the tool

Using Teranet Inc.’s sales data, the tool is updated monthly and includes the latest residential sales data by municipality and property type. It also offers a “compare” feature to analyze sales information across up to five municipalities simultaneously. Searches can be customized based on sales year/month, the year the property was built and its square footage.

How to access the new dashboard

Property owners can access the dashboard via AboutMyProperty under the Browse My Neighbourhood section. To log in or register, they will need their roll number and access code from their Property Assessment Notice.