The measurements are based on the property records of public land registries, where sale price is available.
The Composite 11 monthly index covers eleven Canadian metropolitan areas: Victoria, Vancouver, Calgary, Edmonton, Winnipeg, Hamilton, Toronto, Ottawa, Montreal, Quebec and Halifax.
In addition to their informational role, the Teranet–National Bank House Price Index™ was developed to be a trustworthy benchmark for financial professionals.
Teranet and National Bank of Canada offer Commercial Solutions that can monitor price changes and trends by neighbourhood or region, by different price tiers or housing types, at the smallest scales or the largest and licenses covering all index-linked products.
