Post Category: Monthly Reports
April 12, 2018
A flat March for the Teranet–National Bank House Price Index™

The Teranet–National Bank National Composite House Price IndexTM was unchanged in March – the first time outside a recession when the March composite index was not up at least 0.2 percentage points from February and the first time outside a recession when March indexes were up for only four of the 11 metropolitan markets of […]

Post Category: Monthly Reports
March 14, 2018
The Teranet–National Bank House Price Index™ ticked down 0.1% in February

In February the Teranet–National Bank National Composite House Price Index(tm)  retreated 0.1% from the previous month, following December and January rises that had interrupted a downtrend. It was the first February decline since 2013. The index was up in only three of the 11 metropolitan markets surveyed, the fewest since October 2014: Vancouver (+0.4%), Hamilton […]

Post Category: Monthly Reports
February 14, 2018
Toronto index stopped trending down in January

In January the Teranet–National Bank National Composite House Price IndexTM rose 0.3% from the previous month, a tic higher than the historical average for January and a second consecutive monthly increase. However, only four of the 11 metropolitan markets surveyed showed gains – the first time since January 2016 that a rise in the Composite […]

Post Category: Monthly Reports
January 12, 2018
The House Price Index stopped retreating in December

In December the Teranet–National Bank National Composite House Price IndexTM  edged up 0.2% from the previous month, interrupting a three-month run of declines. However, only five of the 11 metropolitan markets surveyed showed index increases. The one-tick rise of the composite index was due to a 1.3% jump of the index for the large Vancouver […]

Post Category: Monthly Reports
December 13, 2017
A third straight monthly decline in November

In November the Teranet–National Bank National Composite House Price IndexTM was down 0.5% from the previous month, the third consecutive monthly decline and the largest for a month of November outside of a recession. Indexes were down for four of the 11 metropolitan areas surveyed: Toronto (−1.4%), Hamilton (−1.6%), Ottawa-Gatineau (−0.8%) and Edmonton (−0.7%). Indexes […]

Post Category: Monthly Reports
November 15, 2017
The Teranet–National Bank Composite House Price Index™ retreated 1.0% in October

In October the Teranet–National Bank National Composite House Price IndexTM was down 1.0% from the previous month, a second consecutive monthly decline and the largest since September 2010. The retreat was due to a 2.8% drop of the index for the Toronto market, the country’s largest. Indexes were also down on the month for five […]

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 […]