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Housing Prices

The Numbers Are In: House Prices Up 0.3% in December

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In December, the Teranet–National Bank National Composite House Price Index™ was up 0.3% from the previous month, slightly more than the average December rise of 0.1% since the Index series began in 1999. Prices rose in eight of the 11 metropolitan markets surveyed. The... Read more

The Numbers Are In: House Prices Up 0.3% in October

hpi1

In October, the Teranet–National Bank National Composite House Price Index™ was up 0.3% from the previous month, slightly more than the average October rise of 0.2% since the Index series began in 1999. However, the advance was not very broad-based; prices rose in only... Read more

Home Prices Up 1.5% in August

hpi-1 In August, the Teranet–National Bank National Composite House Price Index™ was up 1.5% from the previous month, the third-largest August rise since the Index series began in 1999. However, the advance was not very broad-based; prices were up in seven of the 11 metropolitan markets surveyed. Monthly gains... Read more

The Numbers Are In: House Prices Up 2.0% in July

In July, the Teranet–National Bank House Price Index™ was up 2.0% from the previous month, the second largest July increase since the Index series began in 1999. The advance was not very broad-based; prices were up in only seven of the 11 metropolitan markets surveyed. Gains exceeded that of the countrywide... Read more

The Numbers Are In: House Prices Up 2.3% in June

In June, the Teranet–National Bank National Composite House Price Index™ was up 2.3% from the previous month, the largest June increase since the Index began in 1999. Prices were up in 10 of the 11 metropolitan markets surveyed. Gains exceeded that of the countrywide index in six markets: Victoria (4.4%), Halifax (3.7%), Toronto (3.3%), Vancouver... Read more

Canadian Housing Market Un-topple-able?

pfl1 For several years, economists and professionals alike have speculated that Canada is in a housing bubble. This speculation has even led to a number of changes to CMHC’s criteria when it comes to approving a borrower for high ratio insurance. Some may credit these changes for the... Read more