Vancouver’s Index Finally Up in October

Vancouver’s Index Finally Up in October

November 19, 2019 In October the Teranet–National Bank National Composite House Price IndexTM began the fourth quarter with a dip of 0.1% from the month before. The final quarter of the year is typically slow for the index, and the monthly decline was in line with the average of the last…

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Underlying Rise of the Composite Index Confirmed in September

Underlying Rise of the Composite Index Confirmed in September

October 18, 2019 In September the Teranet–National Bank National Composite House Price IndexTM was up 0.1% from the month before. As in the three previous months, the gain was below the 21-year average for the month, which for September is 0.2%. However, as in August, the September index would have remained…

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Review of Spring/Summer Real Estate Market Activities

Review of Spring/Summer Real Estate Market Activities

The spring and summer real estate market in Canada is normally one of the strongest of the year — but how did 2019 fare? With fall officially here, we are looking at the real estate market trends and Canadian house prices that spring/summer 2019 brought. Bank of Canada Interest Rates…

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Housing Affordability Crisis in Toronto?

Housing Affordability Crisis in Toronto?

Is there a housing affordability crisis in Toronto? Recent news reports certainly seem to be leaning that way, but is that what’s really going on? We’re breaking down the stats to look at the Toronto real estate market and what the data has to say about housing affordability. It’s now…

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Largest Retreat for a February Outside of Recession

Largest Retreat for a February Outside of Recession

March 13, 2019  Largest retreat for a February outside of recession In February the Teranet–National Bank National Composite House Price IndexTM was down 0.4% from the previous month.[1] Except for the recession year of 2009, it was the largest February decline in 19 years of index history. Indexes lost ground in nine of…

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This is How Much Canadian Condo Prices Differed Across Markets in 2018 Q4 [National Bank Housing Affordability Monitor]

This is How Much Canadian Condo Prices Differed Across Markets in 2018 Q4 [National Bank Housing Affordability Monitor]

In the final quarter of 2018, Canadian housing affordability worsened for a 14th consecutive quarter, found economic research from the National Bank Housing Affordability Monitor. Using data from the Teranet-National Bank House Price Index, National Bank Deputy Chief Economist Matthieu Arseneau and Economist Kyle Dahms released a quarterly report on…

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Predicted Changes to the Canadian Housing Market in 2019

Predicted Changes to the Canadian Housing Market in 2019

Last year in 2018 we saw many changes to the Canadian housing market. Now that 2019 is here, what will this year bring? We’re breaking down real estate predictions for the year ahead. Here’s what’s on our radar: 1. Interest Rate Increases In 2018, we saw Canadian interest rates rise…

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