Post Category: Monthly Reports
October 12, 2017
The Teranet–National Bank House Price Index™ retreated 0.8% in September

In September the Teranet–National Bank National Composite House Price IndexTM was down 0.8% from the previous month, the largest monthly decline since September 2010 and the first of any size since January 2016. The retreat was due to a 2.7% drop of the index for the Toronto market, the country’s largest. Indexes for four other […]

Post Category: Monthly Reports
September 13, 2017
THE TERANET–NATIONAL BANK HOUSE PRICE INDEX™ POINTS TO A DECLINE IN TORONTO IN AUGUST

In August the Teranet-National Bank National Composite House Price IndexTM  was up 0.6% from the previous month, less than the average 0.7% gain for August over the 19-year history of the index. The composite index rise was indeed dampened by the 0.4% drop in the market with the largest aggregate property value, namely Toronto. It […]

Post Category: Monthly Reports
August 14, 2017
THE TERANET-NATIONAL BANK COMPOSITE HOUSE PRICE INDEX™ INDICATES A 2% INCREASE IN THE MONTH OF JULY

In July, the national composite rise was significantly driven by a 2.1% increase in the market with the largest aggregate property value: Toronto. While this looks strong given the current context in the GTA, note that a weakening is occurring in the unsmoothed index for “dwellings other than condos” which is down 1.6%. This abrupt […]

Post Category: Monthly Reports
July 12, 2017
Highest June Monthly Rise On Record

In June the Teranet–National Bank National Composite House Price Index™ was up 2.6% from the previous month. As with May, it was the largest June rise in the 19-year history of the index and took the composite index to an all-time high, this time for a 17th consecutive month. Home prices were up on the […]

Post Category: Monthly Reports
June 14, 2017
Home Prices Up A Record 2.2% In May

In May, the Teranet–National Bank National Composite House Price Index™ was up 2.2% from the previous month, the largest May gain in the 19-year history of the index. This monthly advance took the composite index to an all-time high for a 16th consecutive month. For the first time in 12 months, home prices were up […]

Post Category: Monthly Reports
May 12, 2017
Sharpest 12-Month Rises On Record For Toronto And Hamilton Home Prices

In April, the Teranet–National Bank National Composite House Price Index™ was up 1.2% from the previous month. This gain is similar to that reported for April of last year and exceeds the average April gain of 0.9% over the 18 years of index history excluding 2009, when the economy was in recession. This monthly advance […]

Post Category: Monthly Reports
April 12, 2017
Home Prices Up 0.9% In March

In March, the Teranet–National Bank National Composite House Price Index™ was up 0.9% from the previous month, the largest March rise in 10 years. This increase is attributable to four of the 11 metropolitan markets surveyed: Hamilton (+2.1%), Toronto (+1.8%), Victoria (+1.0%) and Vancouver (+0.9%). The Toronto and Hamilton gains were records for March. Increases […]

Post Category: Monthly Reports
March 14, 2017
Home Prices Up 1.0% In February

In February, the Teranet–National Bank National Composite House Price Index™ was up 1.0% from the previous month, the largest February increase in the 18-year history of the Index. This increase of unusual magnitude for the season is attributable to three of the 11 metropolitan markets surveyed: Toronto (+1.9%), Hamilton (+1.4%) and Vancouver (+1.4%). The Toronto […]

Post Category: Monthly Reports
February 14, 2017
Home Prices Up 0.5% In January

In January, the Teranet–National Bank National Composite House Price Index™ was up 0.5% from the previous month, matching the largest January increases in the 18-year history of the Index, in 2003 and 2010. Prices were up in seven of the 11 metropolitan markets surveyed. The increase exceeded the countrywide average in Hamilton (1.1%), Toronto (0.8%) […]

Post Category: Monthly Reports
January 12, 2017
Home Prices Up 0.3% In December

In December, the Teranet–National Bank National Composite House Price Index™ was up 0.3% from the previous month, slightly more than the average December rise of 0.1% since the Index series began in 1999. Prices rose in eight of the 11 metropolitan markets surveyed. The increase exceeded the countrywide average in Toronto (1.2%), Victoria (1.2%), Quebec […]