Post Category: News and Press Releases
June 17, 2021
Record rise of home prices in May

The Teranet-National Bank HPI jumped 2.8% in May to an all-time high. It was the 19th straight monthly increase and the largest ever since the index began in 1999. Its recent vigour coincides with historically high numbers of home sales in most regions of Canada, combined with limited supply. Market conditions accordingly remain very much […]

Post Category: Monthly Reports
June 17, 2021
Record rise of home prices in May

In May the Teranet–National Bank National Composite House Price IndexTM was up 2.8% from the previous month, the largest monthly rise since the index series began in 1999. It was led by four of the 11 constituent markets: Ottawa-Gatineau (4.9%), Halifax (4.3%), Hamilton (3.7%) and Toronto (3.4%). Rises were more moderate for Vancouver (2.3%), Winnipeg […]

Post Category: Monthly Reports
May 19, 2021
An even bigger jump in home prices in April

In April the Teranet–National Bank National Composite House Price IndexTM was up 2.4% from the previous month, a marked acceleration even from the March increase of 1.5%. The advance was led by five of the 11 constituent markets: Halifax (5.4%), Toronto (3.0%), Victoria (2.8%), Ottawa-Gatineau (2.8%) and Hamilton (2.8%). Rises were more moderate for Vancouver […]

Post Category: News and Press Releases
May 19, 2021
Home prices continue their relentless advance in April

The Teranet-National Bank HPI jumped 2.4% in April to a new all-time high. This marks 18 straight monthly increases. Its recent vigour coincides with historically high numbers of home sales in most regions of Canada, coupled with limited supply. As such, market conditions remain very much in favour of sellers and consequently price growth. After […]

Post Category: Monthly Reports
April 20, 2021
Big jump in home prices in March

In March the Teranet–National Bank National Composite House Price IndexTM was up 1.5% from the previous month, a sharp acceleration from the February increase of 0.5%. The advance was led by three of the 11 constituent markets: Halifax (3.3%), Hamilton (2.8%) and Toronto (1.9%). The rise for Vancouver matched the 1.5% of the composite index. […]

Post Category: News and Press Releases
April 20, 2021
Big jump in home prices in March

The Teranet-National Bank HPI jumped 1.5% to a new high in March, its 17th straight monthly rise. Its recent vigour coincides with historically high numbers of home sales in most regions of Canada, coupled with limited supply. The monthly jump of the unsmoothed HPI was even bigger – 2.7%, the most of any month since […]

Post Category: Monthly Reports
March 17, 2021
Home prices accelerate in February

In February the Teranet–National Bank National Composite House Price IndexTM was up 0.5% from the previous month, an acceleration from the January increase after three consecutive months of slowing. The advance was led by four of the 11 constituent markets: Halifax (2.3%), Hamilton (1.1%), Vancouver (0.8%) and Quebec City (0.7%). Rises of less than the […]

Post Category: News and Press Releases
March 17, 2021
Home prices up in February for a 16th straight month

The Teranet-National Bank HPI rose to a new high in February. Its 0.5% gain from January was its 16th consecutive monthly rise. This recent vigour coincides with historically high numbers of home sales in most regions of Canada, coupled with limited supply. As a result, prices were up 10% or more from a year earlier […]

Post Category: News and Press Releases
February 18, 2021
Home prices at a new peak in January

The Teranet-National Bank HPI rose 0.3% in January, reaching an all-time high. The new record coincides with a historically high volume of home sales in most regions of Canada, coupled with limited supply. The seasonally adjusted unsmoothed Composite HPI has surged 7.8% since July. However, the uptrend of home prices does not encompass all categories […]

Post Category: Monthly Reports
February 18, 2021
Index growth slows further in January

In January the Teranet–National Bank National Composite House Price IndexTM was up 0.3% from the previous month. It was the third consecutive month in which the index rose less than the month before. The increase was led by five of the 11 constituent markets: Hamilton (2.0%), Montreal (1.0%), Victoria (0.6%), Halifax (0.4%) and Vancouver (0.4%). […]