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Housing Prices

The Numbers Are In: House Prices Up 1.8% in May

In May, the Teranet–National Bank National Composite House Price Index™ was up 1.8% from the previous month, the largest May increase since 2008. For the first time since June 2013, prices were up on the month in all of the 11 metropolitan markets surveyed. Gains exceeded that of the countrywide index in four of those... Read more

House Prices Down 0.1% in January

HPI-In January the Teranet–National Bank National Composite House Price Index™ was down 0.1% from the previous month, a second consecutive monthly decrease. A January decline has happened only three times in 17 years. For the first time in 11 months, prices were down on the month in... Read more

2016 Economic Outlook & Managing Your Receivables

pfl22015 was quite a year for Canada. We began the year with oil prices hitting record lows, leading to a quick and steep dip in the Canadian Dollar. While economists began to cite that the economy was headed for trouble and could even be in a recession,... Read more

Home Prices Down 0.1% in December

HPI NovemberIn December, the Teranet–National Bank National Composite House Price Index™ was down 0.1% from the previous month, the first monthly decrease in a year. The index has been down from the previous month in six out of nine Decembers since 2007. Prices were flat or down... Read more

House Prices Up 0.2% in November

HPI NovemberIn November the Teranet–National Bank National Composite House Price Index™ was up 0.2% from the previous month, an 11th consecutive monthly increase. This rise, slightly above the average for a month of November (0.1%), was due entirely to strong gains in Vancouver (1.3%) and Victoria... Read more

HPI Monthly Report – Home Prices UP 0.1% in October

hpi1In October the Teranet–National Bank National Composite House Price Index™ was up 0.1% from the previous month, a 10th consecutive monthly increase. This rise was about average for a month of October. Prices were up on the month in only five of the 11 metropolitan markets... Read more

HPI Monthly Report: Home Prices up 0.6% in September

HPI NovemberIn September the Teranet–National Bank National Composite House Price Index™ was up 0.6% from the previous month, a ninth consecutive monthly increase. This rise was well above the 17-year September average of 0.2%. However, prices were up on the month in only six of the... Read more