Smallest July Rise of the National Composite Index in 15 Years

Smallest July Rise of the National Composite Index in 15 Years

August 20, 2020 The July rise of the Teranet–National Bank National Composite House Price IndexTM confirms the slowing of the housing market in the wake of the pandemic. The 0.3% increase from June was the smallest July rise in 15 years. If typical seasonal variations are taken out (seasonal adjustment), the…

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Confirmation of housing-market slowdown due to COVID-19

Confirmation of housing-market slowdown due to COVID-19

July 20, 2020  In June the Teranet–National Bank National Composite House Price IndexTM was up 0.7% from the month before, a rise half the average for June over the previous 10 years and the lowest June advance in 17 years. And if the index were corrected for seasonal pressures (seasonal adjustment),…

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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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A Swan Song Before COVID-19 Infects the Indices?

A Swan Song Before COVID-19 Infects the Indices?

May 20, 2020  In April the Teranet–National Bank National Composite House Price IndexTM was up 1.3% from the previous month. As in February and March, that was double the average gain of the last 10 Aprils. Leading the countrywide average rise were the metropolitan markets of Ottawa-Gatineau (2.4%), Toronto (2.0%), Halifax (1.8%),…

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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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A Vigorous Gain for a Month of February

A Vigorous Gain for a Month of February

March 18, 2020  In February the Teranet–National Bank National Composite House Price IndexTM was up 0.4% from the previous month, a rise that was double the average of the last 10 Februarys. Component indexes were up for seven of the 11 markets surveyed – Montreal 1.1%, Vancouver 0.8%, Halifax 0.8%, Toronto…

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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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