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
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Index base value of 100 = June 2005
Map of...
Population  
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 2011 Census Data
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Teranet–National Bank House Price Index™

An independent representation of the rate of change of Canadian single-family home prices.
Index
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ytd
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Post Category: Monthly Reports
September 13, 2017
THE TERANET–NATIONAL BANK HOUSE PRICE INDEX™ POINTS TO A DECLINE IN TORONTO IN AUGUST

In August the Teranet-National Bank National Composite House Price IndexTM  was up 0.6% from the previous month, less than the average 0.7% gain for August over the 19-year history of the index. The composite index rise was indeed dampened by the 0.4% drop in the market with the largest aggregate property value, namely Toronto. It […]

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Post Category: Research
July 12, 2017
Index still rising in June

OPINION: The slowdown in Toronto home prices that is expected to result from the implementation of the Fair Housing Plan by the Ontario government has yet to be seen. But given the effect of the Plan on home sales and listings (middle chart),it should only be a matter of time. In the meantime, home prices still give the impression of a dichotomy on the Canadian residential market, the Composite index being pulled by Toronto, Hamilton and Victoria (top chart). Furthermore, the seven Golden Horseshoe regions for which price indexes are available (but not incorporated into the Composite index) display home price increases well over 20% on a year-over-year basis (bottom table). But outside Ontario and B.C., home price rises over the last 12 months are modest if not negative,ranging from -0.6% in Quebec City to +3.3% in OttawaGatineau.

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Post Category: News and Press Releases
September 13, 2017
Economic News | Teranet-National Bank House Price Index: Negative print for Toronto index in August

OPINION: The recent loosening of the Toronto home resale market translated into Toronto’s HPI dropping in August. In fact, Toronto’s unsmoothed index (see note on methodology next page), which had already dropped in July, fell 4.2% in August (top chart). That being said, Toronto active-listings-to-sales ratio, an indicator of market conditions, turned from being very tight early in the year to indicating a balanced market in August (at 2.5, its value was in line with its long-term average – middle chart). This should limit the potential for further price correction in the Queen City. Yet more price declines cannot be ruled out given the expected tightening of qualification rules for uninsured mortgages and interest rate increases. These factors are expected to have the most impact on prices in markets where homes are the most expensive (Toronto and Vancouver). We expect home prices to be more resilient in other markets, such as Montreal which has been hot this summer (bottom chart).

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.

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

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