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 […]

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
May 14, 2019
April: Eighth consecutive month without a rise in the composite index

In April the Teranet–National Bank National Composite House Price IndexTM was flat from the previous month.[1] Apart from the 2009 recession period, it was the first April in 21 years of index history in which home prices showed no rise. And the run of months with no rise in the composite index has now extended […]

Post Category: Monthly Reports
April 12, 2019
The Composite Index down for a sixth month in a row in March

In March the Teranet–National Bank National Composite House Price IndexTM was down 0.3% from the previous month.[1] Apart from the recession year 2009, it was the first March decline in the 20 years of index history. It was also the sixth consecutive monthly decline, for a cumulative drop of 1.7%. Indexes were down on the […]

Post Category: Monthly Reports
March 13, 2019
Largest retreat for a February outside of recession

In February the Teranet–National Bank National Composite House Price IndexTM was down 0.4% from the previous month.[1] Except for the recession year of 2009, it was the largest February decline in 19 years of index history. Indexes lost ground in nine of the 11 metropolitan markets of the composite index: Victoria (−2.0%), Hamilton (−1.4%), Quebec […]

Post Category: News and Economic Reports
February 13, 2019
Weakness intensifies in Vancouver, Calgary and Edmonton

In January, the downward trend in home prices intensified in Western Canada’s three largest metropolitan areas. The indexes for Vancouver, Calgary and Edmonton extended what are now the longest runs of months without an increase among the 11 metropolitan areas covered by the national index. It was a seventh month without an increase in Calgary, […]

Post Category: Monthly Reports
February 13, 2019
Weakness concentrated in the West

In January the Teranet–National Bank National Composite House Price IndexTM was down 0.1% from the previous month.[1] It was the fifth consecutive month without a rise, the longest such run since March 2013, and was notable for marked retreats in the three largest markets of Western Canada: Edmonton (−0.8%), Calgary (−0.5%) and Vancouver (−0.3%). The […]