First Signs of Housing-Market Slowdown

First Signs of Housing-Market Slowdown

June 17, 2020  In May the Teranet–National Bank National Composite House Price IndexTM was up 1.1% from the previous month, a rise equal to the average for May over the last 10 years. Leading that countrywide average were the metropolitan markets of Ottawa-Gatineau (2.2%), Toronto (2.1%), Halifax (1.8%) and Hamilton…

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Another Strong Increase in the Composite Index in March

Another Strong Increase in the Composite Index in March

April 20, 2020  In March the Teranet–National Bank National Composite House Price Index™ was up 0.6% from the previous month. As was the case in February, this was double the average March rise of the last 10 years. Leading the advance were the markets of Ottawa-Gatineau (1.1%), Vancouver (1.0%) and…

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2019: Vigour Returns, Except In The Prairies

2019: Vigour Returns, Except In The Prairies

January 20, 2020 In December the Teranet–National Bank National Composite House Price Index™ was up 0.2% from the previous month. This was a good showing for a month of December, equalled or bettered in only three of the last 13 years.  The composite index for the month was braked by…

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A Good Showing for a Month of November

A Good Showing for a Month of November

December 18, 2019 In November the Teranet–National Bank National Composite House Price Index™ was up 0.2% from the previous month. This was a good showing for a month of November – in seven of the last 10 Novembers, the index has declined (The last quarter of the year is typically…

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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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