The Teranet-National Bank House Price Index™ is an independent representation of the rate of change of Canadian single-family home prices. The measurements are based on the property records of public land registries, where sale price is available. The monthly composite index covers eleven Canadian metropolitan areas: Victoria, Vancouver, Calgary, Edmonton, Winnipeg, Hamilton, Toronto, Ottawa, Montréal, Québec and Halifax. The eleven metropolitan areas are combined to form a national composite index; the C11. In addition to the national composite index are twenty-one additional census metropolitan area (CMA’s) indices across Canada.
In addition to their informational role, the Teranet-National Bank House Price Index™ was developed to be a trustworthy benchmark for financial professionals. Teranet and National Bank of Canada offer licenses covering all index-linked products.
The Index is published monthly and historical data can be downloaded from the website.
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