Post Category: Monthly Reports
October 17, 2024
Teranet-National House Price Index continues to rise in September

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, grew by 0.5% from August to September, the third consecutive monthly increase. In September, eight of the 11 CMAs included in the index recorded growth: Montreal (+2.4%), Winnipeg (+1.8%), Victoria (+1.2%), Edmonton (+1.1%), Ottawa-Gatineau (+0.9%), […]

Post Category: News and Economic Reports
October 17, 2024
House prices continue to rise while supply stagnates

After almost a year in the doldrums, house prices in Canada’s major urban centers rose by 0.5% for the second consecutive month, supported by more advantageous interest rates. Despite a significant rise in the number of new listings on the resale market, inventory has been stalling over the past four months due to a large […]

Post Category: Monthly Reports
September 18, 2024
Teranet-National Bank House Price Index rises in August

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, grew by 0.6% from July to August, the second consecutive monthly increase. In August, six of the 11 CMAs included in the index recorded growth: Quebec City (+3.9%), Halifax (+3.2%), Ottawa-Gatineau (+1.9%), Vancouver (+1.7%), Montreal […]

Post Category: News and Economic Reports
September 18, 2024
House prices on the rise in August

After remaining relatively stable over the previous two months, house prices in Canada’s major urban centres rose more significantly in August, increasing by 0.6%, supported by lower interest rates. However, we do not believe that this marks the start of a significant upward trend in Canadian home prices since, despite the continuing cycle of monetary […]

Post Category: News and Economic Reports
July 17, 2024
Prices remained stable in June

After experiencing modest increases since the start of 2024, house prices in Canada’s major urban centers remained stable in June, while market conditions for the housing market continue to indicate balanced conditions between buyers and sellers. It’s true that the beginning of the monetary easing cycle in June encouraged more buyers to take action during […]

Post Category: News and Economic Reports
May 17, 2024
Price stabilize in April as resale market remains sluggish

Following growth in the previous two months in the wake of a slight upturn in the real estate market activity at the start of winter, house prices in Canada’s major urban centres remained unchanged on a seasonally adjusted basis from March to April. This stabilization comes as resale market activity remains sluggish in the spring, […]

Post Category: Monthly Reports
April 17, 2024
Teranet-National Bank House Price Index continues to rise in March

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, rose by 0.2% from February to March, the second consecutive monthly increase. In March, four of the 11 CMAs included in the index recorded growth: Vancouver (+2.7%), Edmonton (+2.0%), Calgary (+1.8%) and Quebec City (+1.6%). […]

Post Category: News and Economic Reports
April 17, 2024
Prices continued to rise slightly in March

After returning to growth territory in February, the Teranet-National Bank Composite Index™ continued to rise in March, with a small gain of 0.2% on the previous month. This increase in home prices comes at a time when the housing market has regained strength since November, buoyed in particular by exceptional demographic growth, slightly more advantageous fixed […]

Post Category: Monthly Reports
March 19, 2024
Teranet-National Bank House Price Index back on the rise in Febuary

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, rose by 0.2% from January to February, the first increase after four consecutive monthly decreases. In February, five of the 11 CMAs included in the index recorded growth: Calgary (+1.6%), Victoria (+1.4%), Ottawa-Gatineau (+1.2%), Toronto […]

Post Category: News and Economic Reports
March 19, 2024
Prices are back on the rise in February

After contracting by 1.5% over the previous five months, the Teranet-National Bank Composite IndexTM finally returned to growth in February, rising by 0.2% compared with the previous month. This increase in property prices comes at a time when the housing market regained strength between November and January, buoyed by exceptional demographic growth, more advantageous fixed […]