Monthly Reports

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]