Post Category: Monthly Reports
June 19, 2023
Teranet-National Bank House Price Index increased in May

MONTH-OVER-MONTH Before seasonal adjustments, the Teranet-National Bank™ Composite House Price Index, which covers the country’s eleven largest CMAs, rose by 1.6% from April to May, the third consecutive monthly increase. After adjusting for seasonal effects, the Teranet-National Bank™ Composite House Price Index rose by 0.6% from April to May, the first monthly increase in eleven […]

Post Category: Monthly Reports
May 17, 2023
Teranet-National Bank House Price Index stabilizes in April

MONTH-OVER-MONTH Before seasonal adjustments, the Teranet-National Bank™ Composite House Price Index, which covers eleven CMAs across the country, rose by 1.8% from March to April, a second consecutive monthly increase. However, after adjusting for seasonal effects, the Teranet-National Bank™ Composite House Price Index remained relatively stable with a slight decrease of 0.1% between March and […]

Post Category: Monthly Reports
April 20, 2023
Record Annual Decline in the Teranet-National Bank House Price Index in March

YEAR-OVER-YEAR The Teranet-National BankTM Composite Home Price Index, which covers eleven CMAs across the country, declined by 6.9% from March 2022 to March 2023, slightly worse than the previous record contraction recorded during the 2008-2009 financial crisis. Increases were still observed in 3 of the 11 cities that make up the composite index in March. […]

Post Category: Monthly Reports
March 17, 2023
Teranet-National Bank House Price Index decline less significant in February

MONTH-OVER-MONTH Before seasonal adjustments, the Teranet-National BankTM Composite House Price Index decreased by 0.3% from January to February, a smaller decline than the 1.1% decrease observed last month. After adjusting for seasonal effects, the Teranet-National BankTM Composite House Price Index decreased by 0.5% from January to February, the tenth consecutive monthly decline. In February, 7 […]

Post Category: Monthly Reports
January 19, 2023
Teranet-National Bank House Price Index continues still down in December

MONTH-OVER-MONTH Before seasonal adjustment, the Teranet–National Bank National Composite House Price IndexTM fell 1.1% from November to December, a smaller decline than the 1.3% drop seen last month. After seasonal adjustment, the Teranet–National Bank National Composite House Price IndexTM decreased by 0.3% from November to December, the sixth consecutive monthly decline, but a smaller decrease […]

Post Category: Monthly Reports
December 19, 2022
Teranet-National Bank House Price Index continues its downward trend in November

Month-Over-Month Before seasonal adjustment, the Teranet–National Bank National Composite House Price Index™ declined 1.3% from October to November, a larger decrease than the 0.8% decline observed last month. After seasonal adjustment, the Teranet–National Bank National Composite House Price Index™ declined 1.1% from October to November, the fifth consecutive monthly decline and a larger decrease than […]

Post Category: Monthly Reports
November 18, 2022
Teranet-National Bank House Price Index experiences another monthly decline in October

MONTH-OVER-MONTH Before seasonal adjustment, the Teranet–National Bank National Composite House Price IndexTM fell 0.8% from September to October, a smaller decline than the 3.1% drop last month. After seasonal adjustment, the Teranet–National Bank National Composite House Price IndexTM decreased by 0.8% from September to October, the fourth consecutive monthly decline, but a smaller decrease than […]

Post Category: Monthly Reports
October 20, 2022
Teranet-National Bank House Price Index sees another record monthly decline in September

MONTH-OVER-MONTH Before seasonal adjustment, the Teranet–National Bank National Composite House Price IndexTM fell 3.1% from August to September, the largest monthly decline on record since the index began in 1999 and shattering the previous month’s record decline of 2.4%. After seasonal adjustment, the Teranet–National Bank National Composite House Price IndexTM fell 2.0% from August to […]

Post Category: Monthly Reports
September 20, 2022
Teranet-National Bank House Price Index sees record monthly decline in August

MONTH-OVER-MONTH Before seasonal adjustment, the Teranet–National Bank National Composite House Price IndexTM fell 2.4% from July to August, the largest monthly decline on record since the index began in 1999. After seasonal adjustment, the Teranet–National Bank National Composite House Price IndexTM fell 2.1% from July to August, a record monthly drop and the fourth consecutive […]

Post Category: Monthly Reports
August 18, 2022
Teranet-National Bank House Price Index falls from its peak in July

MONTH-OVER-MONTH Before seasonal adjustment, the Teranet–National Bank National Composite House Price IndexTM decreased 0.3% from June to July, the first monthly decline since September 2019. After seasonal adjustment, the Teranet–National Bank National Composite House Price IndexTM decreased 0.2% from June to July, the first reduction since June 2020. In July, four of the 11 CMAs […]