> While you might be correct looking at other markets
There is no reason to think he isn't talking about Toronto. Two years ago the average price in Toronto was around $800,000. The assertion was that they are increasing in price by $30-50,000 every 10 weeks for the last two years. That would be an increase of $330,000 over those two years. The actual increase, as of the latest figures[1], is only $245,000. And the latest figure shows up as an extreme outlier. One month earlier the two year growth would have only been around $160,000.
There is no reason to think he isn't talking about Toronto. Two years ago the average price in Toronto was around $800,000. The assertion was that they are increasing in price by $30-50,000 every 10 weeks for the last two years. That would be an increase of $330,000 over those two years. The actual increase, as of the latest figures[1], is only $245,000. And the latest figure shows up as an extreme outlier. One month earlier the two year growth would have only been around $160,000.
[1] https://creastats.crea.ca/board/treb