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HPI Monthly Report: Home Prices Flat in March

In March the Teranet–National Bank National Composite House Price Index™ was essentially unchanged from the previous month. Except for the recession year 2009, this is the first time in 15 years of index data collection that home prices for Canada as a whole have failed to advance in March. However, the story varied widely from east to west. In all Continue Reading

Teranet Risk Management Solutions not affected by the “Heartbleed” bug

It has recently been announced that a vulnerability was discovered in a widely deployed SSL library: OpenSSL. This vulnerability has been dubbed the Heartbleed bug. Teranet solutions including Purview, REDX, Geowarehouse, VIMO and our Government & Utilities solutions have been thoroughly checked and are NOT vulnerable to the “Heartbleed” threat. If you require any more information, please contact us at Continue Reading

House Prices Increase 0.3% in Feb

House prices were up from the previous month in all five markets of Western Canada – Calgary (1.1%), Vancouver and Victoria (0.9%), Edmonton (0.6%) and Winnipeg (0.5%). The rise in Victoria ended a run of four consecutive monthly declines. For Vancouver it was the 10th consecutive monthly increase. In the six markets of central and eastern Canada, the only monthly rise Continue Reading

HOUSE PRICES INCREASE 0.4% IN JANUARY

In January the Teranet-National Bank House Price Index was up 0.4% from December. This advance took the composite index to an all-time high, though individual indexes reached all-time highs for only two of the 11 metropolitan markets surveyed, Toronto and Vancouver. Since in January 2013 the index was down from the month before, the increase of January 2014 resulted in Continue Reading

IE 11 Compatability Upgrade

Please note that you may experience compatibility issues, such as page flickering if you are using IE 11.  These issues are exclusive to IE 11 and do not impact other browers such as Firefox. Please follow the following instructions to reset your IE compaitivlity and resolve the issue: Open the IE browser, click Tools > Compativility View Settings. Add the Continue Reading

HOUSE PRICES INCREASE 0.1% IN DECEMBER

Although the composite index was up from the month before in three of the last four months of 2013, prices in all four of those months were down on the month in a majority of the 11 markets. In December the monthly advance of the composite index was due solely to the contributions of Edmonton, Vancouver and Toronto. For Edmonton Continue Reading

HOME PRICES DECREASE 0.1% IN NOVEMBER

The 0.1% monthly decline of the composite index was the fourth November decline in a row. Be it as it may, since November prices have on average gained 0.1% from the month before over the 15 years of data index collection, this year‚Äôs retreat does not signal a buoying market. Prices were up on the month in four of the Continue Reading

HOME PRICES RAISE 0.1% IN OCTOBER

Since the average October monthly gain over 15 years of index data collection has been 0.2%, this October’s slight rise suggests a market cooler than usual. Moreover, prices rose in only three of the 11 markets. It was the fourth time in 15 years that October prices were up from the month before in no more than three markets. All Continue Reading

Housing Prices Flat in September

In September the Teranet-National Bank National Composite House Price Index was flat from the month before. Since prices were down from the month before in September 2012, 12 month home price inflation nevertheless accelerated, to 2.7% from 2.3%. For the first time since June 2012, the price rise from a year earlier exceed the cross-country average in only four of Continue Reading

Canadian Home Prices up 0.6% in August

The August composite index was up 0.6% in August from the month before and 2.3% from a year ago. Though this rise may seem substantial, it is somewhat below the seasonal norm. In 15 years of index data collection, the average August gain has been 0.8%. This year’s August prices were up from July in six of the 11 markets Continue Reading