Post Category: Monthly Reports
July 18, 2025
Teranet-National Bank House Price Index continues to decline in June

MONTH-OVER-MONTH The Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, fell 0.5% from May to June, marking the fifth consecutive monthly decline. In June, six of the 11 CMAs included in the index saw declines: Ottawa-Gatineau (-1.2%), Calgary (-1.0%), Hamilton (-0.9%), Toronto (-0.8%), Vancouver (-0.8%), and Victoria (-0.5%). Conversely, prices […]

Post Category: News and Economic Reports
July 18, 2025
Home prices continue to fall in June

The Teranet-National Bank composite index fell 0.5% from May to June, marking the fifth consecutive monthly decline. As a result, prices have fallen 4.3% since January. 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. […]

Post Category: Monthly Reports
June 18, 2025
Teranet-National Bank House Price Index™ continues to decline in May

MONTH-OVER-MONTH The Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, fell 1.6% from April to May, marking the fifth consecutive monthly decline. In May, six of the 11 CMAs included in the index saw declines: Toronto (-2.9%), Vancouver (-2.6%), Victoria (-1.0%), Winnipeg (-0.5%), Hamilton (-0.4%) and Ottawa-Gatineau (-0.3%). In contrast, […]

Post Category: News and Economic Reports
June 18, 2025
Home price declines continue to intensify in May

The Teranet-National Bank composite index fell 1.6% from April to May, marking the fifth consecutive monthly decline and a sharper contraction than in previous months. As a result, prices have fallen by 3.9% since December 2024. May also marks an important turning point, with the composite index falling into negative territory for the first time […]

Post Category: News and Economic Reports
May 20, 2025
Home price declines intensify in April

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 […]

Post Category: Monthly Reports
May 20, 2025
Teranet-National Bank House Price Index continues to decline in April

MONTH-OVER-MONTH The Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, fell 1.5% from March to April, marking the fourth consecutive monthly decline. In April, nine of the 11 CMAs included in the index experienced declines: Halifax (-4.9%), Hamilton (-3.9%), Toronto (-2.7%), Ottawa-Gatineau (-1.0%), Vancouver (-0.8%), Quebec City (-0.6%), Montreal (-0.4%), […]

Post Category: Monthly Reports
April 17, 2025
Teranet-National Bank House Price Index continues to decline in March

MONTH-OVER-MONTH The Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, decreased by 0.4% from February to March, marking the third consecutive monthly decline. In March, four of the 11 CMAs included in the index experienced decreases: Halifax (-1.9%), Toronto (-1.2%), Hamilton (-0.8%), and Ottawa-Gatineau (-0.4%). Conversely, prices increased in Victoria […]

Post Category: News and Economic Reports
April 17, 2025
House prices continue to fall in March

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 […]

Post Category: News and Economic Reports
March 19, 2025
Uncertainty curbs home prices in February

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 […]

Post Category: Monthly Reports
March 19, 2025
Teranet-National Bank House Price Index decreases in February

MONTH-OVER-MONTH The Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, declined by 0.1% for a second consecutive month in February after seasonal adjustment. In February, three of the 11 CMAs included in the index experienced declines, namely Victoria (-1.4%), Vancouver (-0.9%) and Toronto (-0.5%). Conversely, prices increased in Halifax (+2.8%), […]