Monthly Reports – House Price Index

April 17, 2024

Teranet-National Bank House Price Index continues to rise in March

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, rose by 0.2% from February to March, the second consecutive monthly increase. In March, four of the 11 CMAs included in the index recorded growth: Vancouver (+2.7%), Edmonton (+2.0%), Calgary (+1.8%) and Quebec City (+1.6%). […]

March 19, 2024

Teranet-National Bank House Price Index back on the rise in Febuary

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, rose by 0.2% from January to February, the first increase after four consecutive monthly decreases. In February, five of the 11 CMAs included in the index recorded growth: Calgary (+1.6%), Victoria (+1.4%), Ottawa-Gatineau (+1.2%), Toronto […]

February 20, 2024

Teranet-National Bank House Price Index continues to decline in January

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, declined by 0.3% from December to January, the fourth consecutive monthly decrease. However, this decline was due to contractions in only two of the eleven cities included in the index: Vancouver (-2.0%) and Toronto (-0.3%). […]

January 18, 2024

Teranet-National Bank House Price Index ends the year down

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, declined by 0.5% from November to December, the third consecutive monthly decrease. In December, four of the 11 CMAs included in the index experienced decreases: Victoria (-3.9%), Vancouver (-1.5%), Toronto (-0.8%) and Ottawa-Gatineau (-0.3%). Conversely, […]

December 19, 2023

Teranet-National Bank House Price Index continues its correction in November

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, declined by 0.5% from October to November, the second consecutive monthly decrease. In November, five of the 11 CMAs included in the index experienced decreases: Montreal (-2.2% after a 3.7% rise the previous month), Hamilton […]

November 17, 2023

Teranet-National Bank House Price Index down in October

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, declined by 0.4% from September to October, the first decrease following five consecutive monthly increases. In October, four of the 11 CMAs included in the index experienced decreases: Toronto (-1.6%), Edmonton (-1.2%), Vancouver (-1.1%) and […]

October 20, 2023

Teranet-National Bank House Price Index growth moderates in September

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price IndexTM, which covers the country’s eleven largest CMAs, grew by 0.7% from August to September, the fifth consecutive monthly increase, but at a much slower pace than the previous month. In September, all 11 CMAs included in the index recorded increases, with the […]

September 20, 2023

Teranet-National Bank House Price Index sees another solid rise in August

MONTH-OVER-MONTH Before seasonal adjustments, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, rose by 0.6% from July to August, the sixth consecutive monthly increase. After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™ grew by 1.6% from July to August, the fourth consecutive monthly increase, but slower […]

August 18, 2023

Teranet-National Bank House Price Index rises sharply in July

MONTH-OVER-MONTH Before seasonal adjustments, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, rose by 1.8% from June to July, the fifth consecutive monthly increase. After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™ rose by 2.4% from June to July, the fourth consecutive monthly increase and […]

July 20, 2023

Teranet-National Bank House Price Index continues to rise in June

MONTH-OVER-MONTH Before seasonal adjustments, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, rose by 2.6% from May to June, the fourth consecutive monthly increase. After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™ rose by 2.2% from May to June, the third consecutive monthly increase and […]