Last updated: June, 15, 2017
Teranet- National Bank House Price Index, Composite 11 cities (June 2005=100)
Canada. The Teranet–National Bank House Price Index is an independently developed representation of average home price changes in 11 metropolitan areas: victoria,Vancouver, Calgary, Edmonton, Winnipeg, Hamilton, Toronto, Ottawa-Gatineau, Montreal, Quebec, and Halifax. The national composite index is the weighted average of the 11 metropolitan areas. The indices are based on the repeat sales methodology and began in February 1999. Statistics Canada publishes a monthly time-series of a new house price index, based on contractors' selling prices of new residential houses in 21 metropolitan areas. This time-series is available from 1981 but is not free.
House Price Change (Composite 11 Cities)
% change over a year earlier
Source: Teranet- National Bank of Canada
Quarterly Change in house prices
|% change over a quarter (QoQ)|
This table shows the change in house prices during a single quarter.
The figures are not adjusted for inflation, so may overstate house price rises (or understate declines).
Four quarter's house price changes may NOT sum to the annual (year-on-year) change in house prices, for statistical reasons.