Author: katie

The Teranet-National Bank composite index fell 1.5% from March to April, marking the fourth consecutive monthly decline and a sharper contraction than in previous months. This comes at a time when the resale market continues to be particularly weak, due in large part to the uncertainty surrounding the trade war with the United States. As […]

The Teranet-National Bank composite index fell 0.4% from February to March, marking a third consecutive monthly decline and a sharper contraction than in previous months. This comes at a time when the resale market continues to slow, due in particular to uncertainty surrounding the trade war with the United States. As a result, prices have […]

The Teranet-National Bank composite index decreased by 0.1% for a second consecutive month in February. This decline in prices comes at a time when the resale housing market has slowed sharply in recent months, due in part to uncertainty surrounding trade tensions with the United States. Consumer confidence is in free fall and the most […]

After rising steadily by 2.8% over the previous six months, the Teranet-National Bank composite index remained unchanged in January. This loss of momentum comes at a time when transactions in the housing resale market declined in December and again in January due to the uncertainty created by the threat of US tariffs (top graph). In […]

The composite index rose by 0.8% in December, the sixth consecutive monthly increase and a larger rise than the 0.7% recorded the previous month. As a result, prices have grown by a cumulative 2.9% since the Bank of Canada’s first rate cut in June and are now just 0.3% below the record level reached in […]