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Teranet House price Index

Index Retreated 1% in October

In October the Teranet–National Bank National Composite House Price Index™ was down 1.0% from the previous month, a second consecutive monthly decline and the largest since September 2010. The retreat was due to a 2.8% drop of the index for the Toronto market, the country’s largest. Indexes were... Read more

The Numbers Are In: House Prices Up 2% in July

In July, the national composite rise was significantly driven by a 2.1% increase in the market with the largest aggregate property value: Toronto. While this looks strong given the current context in the GTA, note that a weakening is occurring in the unsmoothed index* for “dwellings other than... Read more

The Numbers Are In: House Prices Up a Record 2.2% in May

In May, the Teranet–National Bank National Composite House Price Index™ was up 2.2% from the previous month, the largest May gain in the 19-year history of the index. This monthly advance took the composite index to an all-time high for a 16th consecutive month. For the first time... Read more

The Numbers Are In: House Prices Up 0.9% in March

In March, the Teranet–National Bank National Composite House Price Index™ was up 0.9% from the previous month, the largest March rise in 10 years. This increase is attributable to four of the 11 metropolitan markets surveyed: Hamilton (+2.1%), Toronto (+1.8%), Victoria (+1.0%) and Vancouver (+0.9%). The Toronto and... Read more

The numbers are in: #HomePrices up 1.0% in February

In February, the Teranet–National Bank National Composite House Price Index™ was up 1.0% from the previous month, the largest February increase in the 18-year history of the Index. This increase of unusual magnitude for the season is attributable to three of the 11 metropolitan markets surveyed: Toronto (+1.9%),... Read more

The Numbers Are In: House Prices Up 0.5% in January

In January, the Teranet–National Bank National Composite House Price Index™ was up 0.5% from the previous month, matching the largest January increases in the 18-year history of the Index, in 2003 and 2010. Prices were up in seven of the 11 metropolitan markets surveyed. The increase exceeded the countrywide... Read more

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

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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