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Post Category: Research
June 14, 2017
Largest-ever increase for a month of May
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Post Category: Monthly Reports
January 20, 2021
Index growth slowed in December

In December the Teranet–National Bank National Composite House Price IndexTM was up 0.6% from the previous month, the strongest gain for a month of December since 2009. However, it was a second consecutive month in which the index rose less than the month before. The rise was led by six of the 11 constituent markets: […]

Post Category: News and Press Releases
January 20, 2021
Home prices continued to rise in December

The Teranet-National Bank HPI rose 0.6% to a new high in December. This record coincides with a historically high volume of home sales in most regions of Canada coupled with limited supply. The seasonally adjust unsmoothed Composite HPI has surged 6.8% since July. However, December was the second consecutive month in which index growth was […]

Post Category: Research
December 22, 2020
Home affordability improved significantly in the third quarter of 2020

Housing affordability in Canada`s large urban centers improved in the third quarter of 2020, a second improvement in a row. Higher incomes helped in Q3, but the largest portion of the improvement came in the form of lower interest rates. Indeed, our 5-year mortgage benchmark rate declined 43 basis points in the quarter, driven by […]

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