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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Smallest 12-Month Rise in Almost 10 Years

Smallest 12-Month Rise in Almost 10 Years

  August 20, 2019 In July the Teranet–National Bank National Composite House Price IndexTM was up 0.7% from the month before. As in the two previous months, the gain was not really a sign of countrywide market vigour, since the 21-year average for the month is 1.0%. As in May…

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Home Price Index Up in May for the First Time in Nine Months

Home Price Index Up in May for the First Time in Nine Months

June 19, 2019 In May the Teranet–National Bank National Composite House Price IndexTM was up 0.5% from the month before,[1] the first monthly gain in nine months. On the other hand, for a month of May it was the smallest rise in 21 years of index history. If seasonally adjusted, the index…

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April: Eighth Consecutive Month Without a Rise in the Composite Index

April: Eighth Consecutive Month Without a Rise in the Composite Index

May 14, 2019 April: Eighth consecutive month without a rise in the composite index In April the Teranet–National Bank National Composite House Price IndexTM was flat from the previous month.[1] Apart from the 2009 recession period, it was the first April in 21 years of index history in which home…

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The Composite Index down for a sixth month in a row in March

The Composite Index down for a sixth month in a row in March

April 12, 2019 The Composite Index down for a sixth month in a row in March In March the Teranet–National Bank National Composite House Price IndexTM was down 0.3% from the previous month.[1] Apart from the recession year 2009, it was the first March decline in the 20 years of index history….

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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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