Monthly Reports – House Price Index

June 18, 2025

Teranet-National Bank House Price Index™ continues to decline in May

MONTH-OVER-MONTH The Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, fell 1.6% from April to May, marking the fifth consecutive monthly decline. In May, six of the 11 CMAs included in the index saw declines: Toronto (-2.9%), Vancouver (-2.6%), Victoria (-1.0%), Winnipeg (-0.5%), Hamilton (-0.4%) and Ottawa-Gatineau (-0.3%). In contrast, […]

May 20, 2025

Teranet-National Bank House Price Index continues to decline in April

MONTH-OVER-MONTH The Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, fell 1.5% from March to April, marking the fourth consecutive monthly decline. In April, nine of the 11 CMAs included in the index experienced declines: Halifax (-4.9%), Hamilton (-3.9%), Toronto (-2.7%), Ottawa-Gatineau (-1.0%), Vancouver (-0.8%), Quebec City (-0.6%), Montreal (-0.4%), […]

April 17, 2025

Teranet-National Bank House Price Index continues to decline in March

MONTH-OVER-MONTH The Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, decreased by 0.4% from February to March, marking the third consecutive monthly decline. In March, four of the 11 CMAs included in the index experienced decreases: Halifax (-1.9%), Toronto (-1.2%), Hamilton (-0.8%), and Ottawa-Gatineau (-0.4%). Conversely, prices increased in Victoria […]

March 19, 2025

Teranet-National Bank House Price Index decreases in February

MONTH-OVER-MONTH The Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, declined by 0.1% for a second consecutive month in February after seasonal adjustment. In February, three of the 11 CMAs included in the index experienced declines, namely Victoria (-1.4%), Vancouver (-0.9%) and Toronto (-0.5%). Conversely, prices increased in Halifax (+2.8%), […]

February 20, 2025

Teranet-National Bank House Price Index remains stable in January

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, remained stable from December to January after six consecutive months of increase. Since the Bank of Canada began lowering interest rates in June 2024, prices have risen by 2.8% and are just 0.3% below their […]

January 21, 2025

Teranet-National Bank House Price Index Accelerates in December

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, rose by 0.8% from November to December, a larger increase than the 0.7% recorded the previous month and the sixth consecutive monthly increase. As a result, prices have risen by 2.9% since the Bank of […]

December 18, 2024

Teranet-National Bank House Price Index Accelerates in November

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, rose by 0.6% from October to November, a larger increase than the 0.4% recorded the previous month, and the fifth consecutive monthly increase. As a result, prices have risen by 2.2% since the Bank of […]

November 19, 2024

Teranet-National Bank House Price Index continues to rise in October

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, rose by 0.3% from September to October, the fourth consecutive monthly increase. In October, six of the 11 CMAs included in the index recorded growth: Quebec City (+2.0%), Hamilton (+1.3%), Ottawa-Gatineau (+0.8%), Montreal (+0.4%), Toronto […]

October 17, 2024

Teranet-National House Price Index continues to rise in September

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, grew by 0.5% from August to September, the third consecutive monthly increase. In September, eight of the 11 CMAs included in the index recorded growth: Montreal (+2.4%), Winnipeg (+1.8%), Victoria (+1.2%), Edmonton (+1.1%), Ottawa-Gatineau (+0.9%), […]

September 18, 2024

Teranet-National Bank House Price Index rises in August

MONTH-OVER-MONTH After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, grew by 0.6% from July to August, the second consecutive monthly increase. In August, six of the 11 CMAs included in the index recorded growth: Quebec City (+3.9%), Halifax (+3.2%), Ottawa-Gatineau (+1.9%), Vancouver (+1.7%), Montreal […]