Post Category: Monthly Reports
March 18, 2020
A vigorous gain for a month of February

In February the Teranet–National Bank National Composite House Price IndexTM was up 0.4% from the previous month, a rise that was double the average of the last 10 Februarys. Component indexes were up for seven of the 11 markets surveyed – Montreal 1.1%, Vancouver 0.8%, Halifax 0.8%, Toronto 0.4%, Victoria 0.2%, Winnipeg 0.1% and Ottawa-Gatineau […]

Post Category: Monthly Reports
February 20, 2020
The 12-month rise of the national index has been supported by Eastern Canada

In January the Teranet–National Bank National Composite House Price IndexTM edged up 0.1% from the previous month, a so-so showing for a month of January. In only three of the last 10 years (including last year) has the January change been lower. The composite index was braked this January by declines of the indexes for […]

Post Category: Monthly Reports
January 20, 2020
2019: Vigour returns, except in the Prairies

In December the Teranet–National Bank National Composite House Price IndexTM was up 0.2% from the previous month. This was a good showing for a month of December, equalled or bettered in only three of the last 13 years.  The composite index for the month was braked by declines of the indexes for Calgary (−0.6%), Edmonton […]

Post Category: Monthly Reports
December 18, 2019
A good showing for a month of November

In November the Teranet–National Bank National Composite House Price IndexTM was up 0.2% from the previous month. This was a good showing for a month of November – in seven of the last 10 Novembers, the index has declined (The last quarter of the year is typically a seasonal slow period). If purely seasonal variations […]

Post Category: Monthly Reports
November 19, 2019
Vancouver’s index finally up in October

In October the Teranet–National Bank National Composite House Price IndexTM began the fourth quarter with a dip of 0.1% from the month before. The final quarter of the year is typically slow for the index, and the monthly decline was in line with the average of the last 10 Octobers, in five of which the […]

Post Category: Monthly Reports
October 18, 2019
Underlying rise of the composite index confirmed in September

In September the Teranet–National Bank National Composite House Price IndexTM was up 0.1% from the month before. As in the three previous months, the gain was below the 21-year average for the month, which for September is 0.2%. However, as in August, the September index would have remained up slightly if corrected for seasonal pressure […]

Post Category: Monthly Reports
September 19, 2019
The 12-month rise of the index accelerates for the first time in nine months

In August the Teranet–National Bank National Composite House Price IndexTM was up 0.4% from the month before. As in the three previous months, the gain was below the 21-year average for the month, 0.7% in the case of August. In contrast to May, June and July, however, the August index would have been up slightly […]

Post Category: Monthly Reports
August 20, 2019
Smallest 12-month rise in almost 10 years

In July the Teranet–National Bank National Composite House Price IndexTM was up 0.7% from the month before. As in the two previous months, the gain was not really a sign of countrywide market vigour, since the 21-year average for the month is 1.0%. As in May and June, it was only because of seasonal pressure […]

Post Category: Monthly Reports
July 18, 2019
Without the seasonal boost, the composite home price index would have been down in June

In June the Teranet–National Bank National Composite House Price IndexTM was up 0.8% from the month before. The rise was on the small side for a month of June – the 21-year average for the month is 1.2%. As in May, it was only because of seasonal pressure that the index rose at all. If […]

Post Category: Monthly Reports
June 19, 2019
Home price index up in May for the first time in nine months

In May the Teranet–National Bank National Composite House Price IndexTM was up 0.5% from the month before,[1] the first monthly gain in nine months. On the other hand, for a month of May it was the smallest rise in 21 years of index history. If seasonally adjusted, the index would have been down 0.4% on […]