Tag: up

In December the Teranet–National Bank National Composite House Price IndexTM was up 0.2% from the previous month. This was a good showing for a month of December, equalled or bettered in only three of the last 13 years.  The composite index for the month was braked by declines of the indexes for Calgary (−0.6%), Edmonton […]

In November the Teranet–National Bank National Composite House Price IndexTM was up 0.2% from the previous month. This was a good showing for a month of November – in seven of the last 10 Novembers, the index has declined (The last quarter of the year is typically a seasonal slow period). If purely seasonal variations […]

In September the Teranet–National Bank National Composite House Price IndexTM was up 0.1% from the month before. As in the three previous months, the gain was below the 21-year average for the month, which for September is 0.2%. However, as in August, the September index would have remained up slightly if corrected for seasonal pressure […]

In August the Teranet–National Bank National Composite House Price IndexTM was up 0.4% from the month before. As in the three previous months, the gain was below the 21-year average for the month, 0.7% in the case of August. In contrast to May, June and July, however, the August index would have been up slightly […]

In July the Teranet–National Bank National Composite House Price IndexTM was up 0.7% from the month before. As in the two previous months, the gain was not really a sign of countrywide market vigour, since the 21-year average for the month is 1.0%. As in May and June, it was only because of seasonal pressure […]

In June the Teranet–National Bank National Composite House Price IndexTM was up 0.8% from the month before. The rise was on the small side for a month of June – the 21-year average for the month is 1.2%. As in May, it was only because of seasonal pressure that the index rose at all. If […]

In May the Teranet–National Bank National Composite House Price IndexTM was up 0.5% from the month before,[1] the first monthly gain in nine months. On the other hand, for a month of May it was the smallest rise in 21 years of index history. If seasonally adjusted, the index would have been down 0.4% on […]

In August the Teranet–National Bank National Composite House Price IndexTM was up 0.2% from the previous month.[1] Removing normal seasonal patterns (seasonal adjustment), the index would have been virtually flat, following retreats in June and July. In other words, after seasonal adjustment, the downtrend of June and July did not turn around in August. Individual […]

In July the Teranet–National Bank National Composite House Price IndexTM was up 0.8% from the previous month.[1] As in June, the gain might seem large but was below the historical average for the month (1.0% for July). If the index were purged from seasonal variations, the so-called “seasonally adjusted” index would have retreated in June […]

In June the Teranet–National Bank National Composite House Price IndexTM was up 0.9% from May. Though large at first glance, the increase was the third-smallest for June in the last 14 years. If we ignore the seasonal component of monthly variations, we cannot speak of a soaring index. The latest run of monthly increases is […]