Post Category: Monthly Reports
January 19, 2022
Home price growth strengthens in December

In December, the Teranet–National Bank National Composite House Price IndexTM increased by 0.8% compared to the previous month, the second consecutive monthly increase. The December index was led by eight of the eleven constituent markets: Victoria (2.1%), Halifax (1.9%), Hamilton (1.2%), Montréal (1.1%), Québec (1.1%), Vancouver (1.0%), Toronto (0.9%) and Calgary (0.3%). Price decreases were […]

Post Category: Monthly Reports
December 17, 2021
Home price growth resumed in November

In November, the Teranet–National Bank National Composite House Price IndexTM increased by 0.4% compared to the previous month, after remaining unchanged in October. The November index was led by seven of the eleven constituent markets: Halifax (1.2%), Victoria (1.0%), Toronto (0.8%), Hamilton (0.6%), Vancouver (0.4%), Quebec City (0.3%) and Calgary (0.1%). Prices remained stable in […]

Post Category: Monthly Reports
October 20, 2021
Prices stabilized in September

In September, the Teranet–National Bank National Composite House Price IndexTM remained relatively stable, increasing by only 0.1% compared to the previous month. This marks the fourth consecutive month in which the monthly price increase has been lower than the previous month. The September index was led by eight of the 11 constituent markets: Winnipeg (1.0%), […]

Post Category: Monthly Reports
September 20, 2021
Price growth continues to decrease in August

In August, the Teranet–National Bank National Composite House Price IndexTM was up 1.0% from the previous month. It is now the third consecutive month in which the monthly price increase is lower than the previous month (2.8% in May, 2.7% in June and 2.0% in July). The August index was led by six of the […]

Post Category: Monthly Reports
August 19, 2021
Price growth remains strong, but slows in July

In July the Teranet–National Bank National Composite House Price IndexTM was up 2.0% from the previous month. Although this is a significant increase, it is now the second consecutive month in which the monthly price increase is lower than the previous month (2.8% in May and 2.7% in June). The July index was led by […]

Post Category: Monthly Reports
July 20, 2021
A record 12-month rise of home prices in June

In June the Teranet–National Bank National Composite House Price IndexTM was up 2.7% from the previous month. This was close to a record but was the first time since January in which the monthly gain decelerated from the month before (May +2.8%). The June index was led by five of the 11 constituent markets: Ottawa-Gatineau […]

Post Category: Monthly Reports
June 17, 2021
Record rise of home prices in May

In May the Teranet–National Bank National Composite House Price IndexTM was up 2.8% from the previous month, the largest monthly rise since the index series began in 1999. It was led by four of the 11 constituent markets: Ottawa-Gatineau (4.9%), Halifax (4.3%), Hamilton (3.7%) and Toronto (3.4%). Rises were more moderate for Vancouver (2.3%), Winnipeg […]

Post Category: Monthly Reports
May 19, 2021
An even bigger jump in home prices in April

In April the Teranet–National Bank National Composite House Price IndexTM was up 2.4% from the previous month, a marked acceleration even from the March increase of 1.5%. The advance was led by five of the 11 constituent markets: Halifax (5.4%), Toronto (3.0%), Victoria (2.8%), Ottawa-Gatineau (2.8%) and Hamilton (2.8%). Rises were more moderate for Vancouver […]

Post Category: Monthly Reports
April 20, 2021
Big jump in home prices in March

In March the Teranet–National Bank National Composite House Price IndexTM was up 1.5% from the previous month, a sharp acceleration from the February increase of 0.5%. The advance was led by three of the 11 constituent markets: Halifax (3.3%), Hamilton (2.8%) and Toronto (1.9%). The rise for Vancouver matched the 1.5% of the composite index. […]

Post Category: Monthly Reports
March 17, 2021
Home prices accelerate in February

In February the Teranet–National Bank National Composite House Price IndexTM was up 0.5% from the previous month, an acceleration from the January increase after three consecutive months of slowing. The advance was led by four of the 11 constituent markets: Halifax (2.3%), Hamilton (1.1%), Vancouver (0.8%) and Quebec City (0.7%). Rises of less than the […]