Map of Canada
composite 11 weightings donut chart Select Ottawa Select Montreal Select Quebec City Select Halifax Select Victoria Select Vancouver Select Calgary Select Edmonton Select Winnipeg Select Hamilton Select Toronto
Index base value of 100 = June 2005
Map of...
Land in square kilometers  
Population density (pop./km2)  
Number of occupied private dwellings  
Owned / Rented %  
One-family households  
Multi-family households  
Non-family households  
Average household income  
Aggregate value of dwellings  
CMA profile and table data are based on 2021 Census Data
Need additional insight at the FSA or neighbourhood level?
Contact Us About Our Commercial Solutions

Teranet–National Bank House Price Index™

An independent representation of the rate of change of Canadian single-family home prices.
Post Category: Monthly Reports
November 17, 2023
Teranet-National Bank House Price Index down in October

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, declined by 0.4% from September to October, the first decrease following five consecutive monthly increases. In October, four of the 11 CMAs included in the index experienced decreases: Toronto (-1.6%), Edmonton (-1.2%), Vancouver (-1.1%) and […]

Countdown to Next Report

Sign Up Subscribe to our Monthly Report
HPIs in Canada -
How methodologies
impact results
Download Whitepaper

This whitepaper offers an overview of:

  • How HPIs are widely used to estimate and monitor economic activity in the housing sector;
  • Insight into the variety of methods for calculating HPIs;
  • How HPIs play a significant role in policy development, market and financial regulation for public and private organizations around the globe.
Post Category: News and Economic Reports
November 17, 2023
Canada: Home prices start to drop again in October

After rising for the past five months, the Teranet-National Bank Composite Index started to fall again in October, as property prices across the country declined by 0.4% over the month in a context where the resale market is losing momentum. Indeed, the rise in interest rates in recent months, which exacerbates affordability problems, combined with a less buoyant job market, have contributed to the slowdown in the real estate market. Indeed, market conditions have eased across the country, so that the number of months of inventory rose to 4.1 in October, a level similar to that prevailing before the pandemic, but still lower for the moment than the historical norm. What’s more, the weakness of prices in October was widespread across the country, with 58% of the 31 cities covered experiencing a sharper fall or weaker growth than the previous month. In the months ahead, prices are likely to continue to decline, while interest rates remain high and the economic context will be less favourable, representing headwinds for the sector despite the support of historical demographic growth.

November 2023

HPI Methodology
Introduction to Index
Introduction to Index
Public Solutions

Gain unparalleled insight into the dynamics of a highly varied Canadian housing market with the Teranet-National Bank House Price Index™ monthly public release.

Commercial Solutions

Assess and adjust your risk exposure by monitoring price changes and trends by neighbourhood or region with the Teranet-National Bank Sub-Indices

Media and Partnerships

Looking for specific market information to create new editorial content or innovative ways to present and share housing trends and statistics? We can help.