Carli – Page 24 – House Price Index

Post Category: News and Economic Reports

February 12, 2016

Economic news – Canada: House prices edged down in January

OPINION: The report confirms that housing markets in oil-dependent regions are reacting to the economic downturn resulting from the collapse of oil prices. In particular, prices declined for a fourth month in a row in Calgary, for a cumulative drop of 4.4%. Among the metropolitan areas covered, only Ottawa-Gatineau has a similar bad sequence with […]

February 12, 2016

Home Prices Down 0.1% In January

In January the Teranet–National Bank National Composite House Price Index™ was down 0.1% from the previous month, a second consecutive monthly decrease. A January decline has happened only three times in 17 years. For the first time in 11 months, prices were down on the month in seven of the 11 metropolitan markets surveyed: Montreal […]

January 25, 2016

Mortgage Companies – 2016 Outlook

Slim Pickings Despite Recent Sell-Off: This time last year, we acknowledged that the outlook for the Canadian housing market had changed dramatically on the back of a 50% decline in oil prices from their 2014 peak. We highlighted the adverse implications for the Alberta market in particular. Over the past 12 months oil prices have […]

January 13, 2016

Home Prices Down 0.1% In December

In December the Teranet–National Bank National Composite House Price Index™ was down 0.1% from the previous month, the first monthly decrease in a year. The index has been down from the previous month in six out of nine Decembers since 2007. Prices were flat or down on the month in seven of the 11 metropolitan […]

January 13, 2016

Economic News – Canada: House prices up 6.2% in 2015, with quite a regional contrast

OPINION: For Canada as a whole, 2015 saw the largest house price increase in four years (top chart), but only four regional markets were the drivers of that performance. At the other end of the spectrum, the collapse in oil prices has translated into house price deflation in Calgary and Edmonton, with the remaining five […]

December 14, 2015

Home Prices Up 0.2% In November

In November, the Teranet–National Bank National Composite House Price Index™ was up 0.2% from the previous month, an 11th consecutive monthly increase. This rise, slightly above the average for a month of November (0.1%), was due entirely to strong gains in Vancouver (1.3%) and Victoria (1.8%). For Vancouver it was an 11th consecutive month without […]

November 12, 2015

Home Prices Up 0.1% In October

In October, the Teranet–National Bank National Composite House Price Index™ was up 0.1% from the previous month, a 10th consecutive monthly increase. This rise was about average for a month of October. Prices were up on the month in only five of the 11 metropolitan markets surveyed – 1.9% in Winnipeg, 0.6% in Vancouver, 0.3% […]

October 15, 2015

Home Prices Up 0.6% in September

In September, the Teranet–National Bank National Composite House Price IndexTM was up 0.6% from the previous month, a ninth consecutive monthly increase. This rise was well above the 17-year September average of 0.2%. However, prices were up on the month in only six of the 11 metropolitan markets surveyed – 1.9% in Halifax, 1.6% in […]

September 14, 2015

Home Prices Up 1.0% In August

In August, the Teranet–National Bank National Composite House Price Index™ was up 1.0% from the previous month, an eighth consecutive monthly increase. The rise exceeded the 11-year August average of 0.9%. Prices were up on the month in six of the 11 metropolitan markets surveyed – 3.9% in Calgary, 2.4% in Hamilton, 1.6% in Toronto, […]

August 12, 2015

Home Prices Up 1.2% In July

In July, the Teranet–National Bank National Composite House Price Index™ was up 1.2% from the previous month, a seventh consecutive monthly increase. The rise exceeded the 14-year July average of 1.0%. Prices were up on the month in six of the 11 metropolitan markets surveyed – 2.7% in Hamilton, 2.4% in Toronto, 2.3% in Ottawa-Gatineau, […]

Author: Carli