Post Category: Monthly Reports
August 19, 2025
Teranet-National Bank House Price Index™ down for sixth consecutive month in July

MONTH-OVER-MONTH The Teranet-National Bank Composite House Price IndexTM, which covers the country’s eleven largest CMAs, decreased by 0.8% from June to July, the sixth consecutive monthly decline. In July, seven of the 11 CMAs included in the index experienced decreases: Hamilton (-2.5%), Winnipeg (-1.2%), Toronto (-1.1%), Vancouver (-0.7%), Calgary (-0.5%), Montreal (-0.5%) and Edmonton (-0.1%). […]

Post Category: Monthly Reports
July 18, 2025
Teranet-National Bank House Price Index continues to decline in June

MONTH-OVER-MONTH The Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, fell 0.5% from May to June, marking the fifth consecutive monthly decline. In June, six of the 11 CMAs included in the index saw declines: Ottawa-Gatineau (-1.2%), Calgary (-1.0%), Hamilton (-0.9%), Toronto (-0.8%), Vancouver (-0.8%), and Victoria (-0.5%). Conversely, prices […]

Post Category: Monthly Reports
June 18, 2025
Teranet-National Bank House Price Index™ continues to decline in May

MONTH-OVER-MONTH The Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, fell 1.6% from April to May, marking the fifth consecutive monthly decline. In May, six of the 11 CMAs included in the index saw declines: Toronto (-2.9%), Vancouver (-2.6%), Victoria (-1.0%), Winnipeg (-0.5%), Hamilton (-0.4%) and Ottawa-Gatineau (-0.3%). In contrast, […]

Post Category: Monthly Reports
May 20, 2025
Teranet-National Bank House Price Index continues to decline in April

MONTH-OVER-MONTH The Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, fell 1.5% from March to April, marking the fourth consecutive monthly decline. In April, nine of the 11 CMAs included in the index experienced declines: Halifax (-4.9%), Hamilton (-3.9%), Toronto (-2.7%), Ottawa-Gatineau (-1.0%), Vancouver (-0.8%), Quebec City (-0.6%), Montreal (-0.4%), […]

Post Category: Monthly Reports
April 17, 2025
Teranet-National Bank House Price Index continues to decline in March

MONTH-OVER-MONTH The Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, decreased by 0.4% from February to March, marking the third consecutive monthly decline. In March, four of the 11 CMAs included in the index experienced decreases: Halifax (-1.9%), Toronto (-1.2%), Hamilton (-0.8%), and Ottawa-Gatineau (-0.4%). Conversely, prices increased in Victoria […]

Post Category: Monthly Reports
March 19, 2025
Teranet-National Bank House Price Index decreases in February

MONTH-OVER-MONTH The Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, declined by 0.1% for a second consecutive month in February after seasonal adjustment. In February, three of the 11 CMAs included in the index experienced declines, namely Victoria (-1.4%), Vancouver (-0.9%) and Toronto (-0.5%). Conversely, prices increased in Halifax (+2.8%), […]

Post Category: Monthly Reports
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%). […]

Post Category: Monthly Reports
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, […]

Post Category: Monthly Reports
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 […]

Post Category: News and Economic Reports
November 17, 2023
Canada: Home prices start to drop again in October

After rising for the past five months, the Teranet-National Bank Composite Index™ started to fall again in October, as property prices across the country declined by 0.4% over the month in a context where the resale market is losing momentum. Indeed, the rise in interest rates in recent months, which exacerbates affordability problems, combined with a […]