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12-MONTH HOME PRICE INFLATION DOWN TO 2.0% IN APRIL

In April the Teranet-National Bank National Composite House Price Index was up 2.0% from a year earlier, the smallest 12-month rise since November 2009. By way of comparison, the Case-Shiller home price index of 20 U.S. metropolitan markets was up 9.3% from a year earlier in February (the latest available reading). In Canada, the rise over the 12 months ending Continue Reading

Teranet and National Bank upgrade the Canadian House Price Index

Montreal, May 8, 2013 – National Bank and Teranet are pleased to announce that the Teranet-National Bank House Price Index (HPI) will now provide a more timely indication of the housing market. The index will be published no later than 15 days after the transaction month. The Teranet-National Bank House Price Index is an independent representation of the rate of Continue Reading

HOME PRICES UP 0.4% IN MARCH

The March composite index was up 0.4% from February, ending a run of six straight monthly declines totalling 1.8%. Prices were up from the month before in nine of the 11 markets. In Calgary prices rose 1.3% after three months of decline totalling 2.2%. In Edmonton prices rose 1.0% after four months of decline totalling 2.0%. In Montreal prices rose Continue Reading

Purview Launches Automated UserID and Password Resets

As of today, existing customers can now request automated UserID and password resets. If you have forgotten either your User ID and/or password, please follow these simple steps: Click the ‘Click here for Assistance’ link, at the top right hand of the homepage screen Select either ‘I don’t know my Password’ or ‘I don’t know my User ID’ and click ‘Submit’ Continue Reading

HOME PRICES: A SIXTH CONSECUTIVE MONTHLY DECLINE IN FEBRUARY

The February composite index was down 0.2% from January, a sixth straight monthly decline. Prices were down from the month before in seven of the 11 markets. For Hamilton (0.3%) it was the second consecutive monthly decline, for Calgary (1.2%) it was the third, for Edmonton (0.4%) the fourth, for Toronto (0.3%) the fifth and for Montreal (0.4%) the sixth. Continue Reading

JANUARY HOME PRICES: A FIFTH CONSECUTIVE MONTHLY DECLINE

The January composite index was down 0.3% from December, a fifth straight monthly decline. Prices were down from the month before in seven markets. For Calgary (0.1%) it was the second consecutive monthly decline, for Vancouver (0.8%) and Edmonton (0.7%) it was the third, for Toronto (0.4%) and Winnipeg (0.3%) the fourth, for Montreal (0.2%) the fifth. The 1.1% decline Continue Reading

DECEMBER HOME PRICES UP 3.1% IN 12 MONTHS

The composite index was down 0.4% from November, the fourth consecutive monthly decline, a first out of a recession, and the fourth December monthly decline in 13 years of data, including December 2008 when the country was in recession. Prices were down from the month before in eight of the 11 markets surveyed. For Montreal (0.3%) and Ottawa-Gatineau (0.1%) it Continue Reading

NOVEMBER HOME PRICES UP 3.3% IN 12 MONTHS

The composite index was down 0.4% from October. It was the fourth November monthly decline in 13 years of data, including November 2008 when the country was on the verge of recession. For the first time since February 2009, when the recession was in full swing, prices were down from the month before in 10 of the 11 metropolitan markets Continue Reading