Post Category: Monthly Reports
August 18, 2023
Teranet-National Bank House Price Index rises sharply in July

MONTH-OVER-MONTH Before seasonal adjustments, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, rose by 1.8% from June to July, the fifth consecutive monthly increase. After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™ rose by 2.4% from June to July, the fourth consecutive monthly increase and […]

Post Category: News and Economic Reports
July 20, 2023
Canada: Spectacular jump in house prices in June

Following the recovery of the residential housing market in recent months, the Teranet-National Bank composite HPI jumped 2.2% from May to June, marking the third consecutive monthly increase, but also the largest price rise in a single month since November 2006. After a cumulative decline of 8.7% since peaking in April 2022, recent rises in […]

Post Category: Monthly Reports
July 20, 2023
Teranet-National Bank House Price Index continues to rise in June

MONTH-OVER-MONTH Before seasonal adjustments, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, rose by 2.6% from May to June, the fourth consecutive monthly increase. After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™ rose by 2.2% from May to June, the third consecutive monthly increase and […]

Post Category: Monthly Reports
June 19, 2023
Teranet-National Bank House Price Index increased in May

MONTH-OVER-MONTH Before seasonal adjustments, the Teranet-National Bank™ Composite House Price Index, which covers the country’s eleven largest CMAs, rose by 1.6% from April to May, the third consecutive monthly increase. After adjusting for seasonal effects, the Teranet-National Bank™ Composite House Price Index rose by 0.6% from April to May, the first monthly increase in eleven […]

Post Category: News and Economic Reports
June 19, 2023
Home prices rise for the first time in 11 months

After adjusting for seasonal effects, the Teranet-National Bank composite HPI resumed its upward trend (+0.6%) after ten consecutive monthly declines, which saw home prices correct by a total of 8.6%. This turnaround in property prices is due in particular to the rebound in the resale market over the past four months. This recovery is taking […]

Post Category: Monthly Reports
May 17, 2023
Teranet-National Bank House Price Index stabilizes in April

MONTH-OVER-MONTH Before seasonal adjustments, the Teranet-National Bank™ Composite House Price Index, which covers eleven CMAs across the country, rose by 1.8% from March to April, a second consecutive monthly increase. However, after adjusting for seasonal effects, the Teranet-National Bank™ Composite House Price Index remained relatively stable with a slight decrease of 0.1% between March and […]

Post Category: Monthly Reports
July 20, 2022
Teranet-National Bank House Price Index increased 16.7% year-over-year in June

YEAR-OVER-YEAR The Teranet–National Bank National Composite House Price Index™, covering eleven CMAs around the country, recorded an annual gain of 16.7% in June, less than the 18.3% growth recorded the previous month. Increases were seen in all eleven cities in the composite index in June. Halifax led the way with a 30.9% year-over-year price increase, […]

Post Category: Monthly Reports
June 17, 2022
Teranet-National Bank House Price Index increased 18.3% in May

YEAR-OVER-YEAR The Teranet–National Bank National Composite House Price IndexTM, covering eleven CMAs around the country, recorded an annual gain of 18.3% in May, less than the record 18.8% increase recorded the previous month. Gains were seen in all eleven cities in the composite index in May, with Halifax, Hamilton and Victoria recording the largest year-over-year […]

Post Category: Monthly Reports
May 18, 2022
Teranet-National Bank House Price Index reports a record 18.8% annual home price increase in April 

YEAR-OVER-YEAR The Teranet–National Bank National Composite House Price IndexTM, covering eleven CMAs around the country, reported a 18.8% annual gain in April, breaking the record growth of 18.4% observed the previous month and in August 2021. Halifax, Hamilton, and Victoria reported the highest year-over-year gains among the 11 CMAs in April. Halifax led the way […]

Post Category: Monthly Reports
April 20, 2022
Teranet-National Bank House Price Index reports 18.4% annual home price increase in March

YEAR-OVER-YEAR The Teranet–National Bank National Composite House Price IndexTM, covering eleven CMAs around the country, reported a 18.4% annual gain in March, matching the record growth seen in August 2021. Halifax, Hamilton, and Victoria reported the highest year-over-year gains among the 11 CMAs in February. Halifax, Hamilton, Victoria and Toronto recorded the largest year-over-year increases […]