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Impact of Crime on Housing Prices in Toronto

Team Members

Aafrin Aafrin, Parmit Chhasiya, Keenan Fernandes, Jay Mistry, Rahul Rawal, Karan Sawant

Abstract

Understanding the relationship between real estate prices and crime can inform real estate developers’ business models in Toronto. This study examined crime and housing data in Toronto to assess spatial clusters, the impact of clusters and types of crime, on housing prices at a neighbourhood level. It was found that robberies, shootings, and homicide have a negative effect on housing prices in neighbourhoods in the City of Toronto. As a business case, this analysis of criminal effect information on housing prices adds an analytical perspective for real estate consulting-investment firms and decision-making regarding property investment.

Impact of Crime on Housing Prices in Toronto - Executive Summary Video

Impact of Crime on Housing Prices in Toronto - Executive Summary Video

Poster

Poster showing a summary of the project research findings

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