The Stabilization of Home Prices Confirmed in May

The Stabilization of Home Prices Confirmed in May

In May the Teranet–National Bank National Composite House Price IndexTM  was up 1.0% from the previous month. This confirms the index stabilization following the downward trend that prevailed over the second half of 2017. The last monthly gain is one tick less than the May average of 1.1% over the 20…

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A flat March for the Teranet–National Bank House Price Index™

A flat March for the Teranet–National Bank House Price Index™

The Teranet–National Bank National Composite House Price Index™  was unchanged in March – the first time outside a recession when the March composite index was not up at least 0.2 percentage points from February and the first time outside a recession when March indexes were up for only four of…

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The Teranet–National Bank House Price Index™ ticked down 0.1% in February

In February the Teranet–National Bank National Composite House Price IndexTM retreated 0.1% from the previous month, following December and January rises that had interrupted a downtrend. It was the first February decline since 2013. The index was up in only three of the 11 metropolitan markets surveyed, the fewest since October 2014: Vancouver (+0.4%),…

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Toronto Index Stopped Trending Down in January

Toronto index stopped trending down in January In January the Teranet–National Bank National Composite House Price IndexTM  rose 0.3% from the previous month, a tic higher than the historical average for January and a second consecutive monthly increase. However, only four of the 11 metropolitan markets surveyed showed gains – the…

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Index Retreated 1% in October

In October the Teranet–National Bank National Composite House Price Index™ was down 1.0% from the previous month, a second consecutive monthly decline and the largest since September 2010. The retreat was due to a 2.8% drop of the index for the Toronto market, the country’s largest. Indexes were also down…

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