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 […]

Post Category: Monthly Reports
February 18, 2021
Index growth slows further in January

In January the Teranet–National Bank National Composite House Price IndexTM was up 0.3% from the previous month. It was the third consecutive month in which the index rose less than the month before. The increase was led by five of the 11 constituent markets: Hamilton (2.0%), Montreal (1.0%), Victoria (0.6%), Halifax (0.4%) and Vancouver (0.4%). […]

Post Category: Monthly Reports
January 20, 2021
Index growth slowed in December

In December the Teranet–National Bank National Composite House Price IndexTM was up 0.6% from the previous month, the strongest gain for a month of December since 2009. However, it was a second consecutive month in which the index rose less than the month before. The rise was led by six of the 11 constituent markets: […]

Post Category: Monthly Reports
December 18, 2020
The strongest index rise for a month of November

In November the Teranet–National Bank National Composite House Price IndexTM was up 0.9% from the previous month, the strongest gain for a month of November in the 22 years of the index. It was the second consecutive month to show the biggest rise in index history for the month in question. The rise was led […]

Post Category: Monthly Reports
November 18, 2020
The strongest index rise for a month of October

In October the Teranet–National Bank National Composite House Price IndexTM was up 1.3% from the previous month, the strongest gain for a month of October in the 22 years of the composite index. The rise was led by Ottawa-Gatineau (2.7%), Hamilton (2.1%), Montreal (1.8%), Victoria (1.7%), Vancouver (1.5%), and Halifax (1.5%). There were highly respectable […]

Post Category: Monthly Reports
October 20, 2020
One of the strongest index rises for a month of September

In September the Teranet–National Bank National Composite House Price IndexTM was up 1.1% from the previous month, the second-biggest gain for a month of September in the 22 years of the composite index. The rise was led by Ottawa-Gatineau (2.3%), Quebec City (2.2%), Montreal (1.9%), Hamilton (1.9%), Edmonton (1.6%), Toronto (1.0%), Halifax (1.0%) and Vancouver […]

Post Category: Monthly Reports
September 18, 2020
Firming of the composite index in August

In August the Teranet–National Bank National Composite House Price IndexTM was up 0.6% from the previous month, a gain just short of the 22-year average of 0.7% for the month of August. If the typical seasonal variations are taken out (seasonal adjustment), the resulting index for August is by our estimate up 0.4%, following consecutive […]

Post Category: Monthly Reports
August 20, 2020
Smallest July rise of the national composite index in 15 years

The July rise of the Teranet–National Bank National Composite House Price IndexTM confirms the slowing of the housing market in the wake of the pandemic. The 0.3% increase from June was the smallest July rise in 15 years. If typical seasonal variations are taken out (seasonal adjustment), the index would show two consecutive monthly declines, […]

Post Category: Monthly Reports
July 20, 2020
Confirmation of housing-market slowdown due to COVID-19

In June the Teranet–National Bank National Composite House Price IndexTM was up 0.7% from the month before, a rise half the average for June over the previous 10 years and the lowest June advance in 17 years. And if the index were corrected for seasonal pressures (seasonal adjustment), it would show a slight decline of […]