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 […]

Post Category: Monthly Reports
June 17, 2020
First signs of housing-market slowdown

In May the Teranet–National Bank National Composite House Price IndexTM was up 1.1% from the previous month, a rise equal to the average for May over the last 10 years. Leading that countrywide average were the metropolitan markets of Ottawa-Gatineau (2.2%), Toronto (2.1%), Halifax (1.8%) and Hamilton (1.6%). Advances lagging the countrywide average were reported […]

Post Category: Monthly Reports
May 20, 2020
A swan song before Covid-19 infects the indices?

In April the Teranet–National Bank National Composite House Price Index™ was up 1.3% from the previous month. As in February and March, that was double the average gain of the last 10 Aprils. Leading the countrywide average rise were the metropolitan markets of Ottawa-Gatineau (2.4%), Toronto (2.0%), Halifax (1.8%), Montreal (1.7%), Victoria (1.2%), Hamilton (1.1%) […]

Post Category: Monthly Reports
April 20, 2020
Another strong increase in the Composite Index in March

In March the Teranet–National Bank National Composite House Price IndexTM was up 0.6% from the previous month. As was the case in February, this was double the average March rise of the last 10 years. Leading the advance were the markets of Ottawa-Gatineau (1.1%), Vancouver (1.0%) and Toronto (0.9%). Trailing the countrywide average were rises […]

Post Category: Monthly Reports
March 18, 2020
A vigorous gain for a month of February

In February the Teranet–National Bank National Composite House Price IndexTM was up 0.4% from the previous month, a rise that was double the average of the last 10 Februarys. Component indexes were up for seven of the 11 markets surveyed – Montreal 1.1%, Vancouver 0.8%, Halifax 0.8%, Toronto 0.4%, Victoria 0.2%, Winnipeg 0.1% and Ottawa-Gatineau […]

Post Category: Monthly Reports
February 20, 2020
The 12-month rise of the national index has been supported by Eastern Canada

In January the Teranet–National Bank National Composite House Price IndexTM edged up 0.1% from the previous month, a so-so showing for a month of January. In only three of the last 10 years (including last year) has the January change been lower. The composite index was braked this January by declines of the indexes for […]