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National House Price Index in Canada, composite of 11 cities (March 2005=100)
Canada
Real estate price trends in Canada.
The Teranet–National Bank House Price Index tracks average home price changes in 11 Canadian metropolitan areas: Victoria,Vancouver, Calgary, Edmonton, Winnipeg, Hamilton, Toronto, Ottawa-Gatineau, Montreal, Quebec, and Halifax, and then takes a weighted average. These indices are based on the repeat sales methodology and began in February 1999.
House prices in Canada (11 cities composite) % change 1 yr
Nominal and inflation-adjusted ('real')
Canada
Quarterly change in house prices, inflation-adjusted
Q1 | Q2 | Q3 | Q4 | |
2023 | -3.57% | 1.44% | 3.2% | -1.28% |
2022 | 1.78% | -1.79% | -4.05% | -1.71% |
2021 | 2.23% | 3.6% | 1.75% | 3.63% |
2020 | 1.38% | -1.3% | 5.42% | 2.94% |
2019 | -2.4% | -0.95% | 1.84% | 1.96% |
2018 | -1.53% | -0.38% | 1.13% | 0.96% |
2017 | 1.61% | 3.99% | -0.9% | 1.85% |
2016 | 1.29% | 2.7% | 3.8% | 2.75% |
2015 | -0.26% | 0.05% | 2.38% | 2.15% |
2014 | 0.12% | -0.9% | 2.06% | 2.73% |
2013 | -0.14% | 0.21% | 1.08% | 1.92% |
2012 | 0.5% | 0.68% | 0.11% | 0.87% |
2011 | 0.33% | 1.56% | 0.58% | 1.54% |
2010 | 0.67% | 1.06% | -2.69% | 1.86% |
2009 | -3.44% | 1% | 4.69% | 4.62% |
2008 | 0.97% | -2.15% | -1.05% | -0.55% |
2007 | 1.83% | 2.31% | 2.04% | 1.25% |
2006 | 1.65% | 1.72% | 4.9% | 1.59% |
2005 | 1.3% | 1.09% | 0.16% | 3.87% |
2004 | 1.68% | 0.9% | 1.3% | 1.76% |
2003 | 0.18% | 1.83% | 1.42% | 2.03% |
2002 | 0.48% | 1.42% | 1.25% | 1.8% |
2001 | 0.39% | -0.42% | 1.77% | 3.04% |
2000 | 0.11% | 0.24% | 0.53% | 0.67% |
1999 | 0.94% | -0.77% | 0.88% |
This table shows the change in house prices during a single quarter, adjusted for inflation.
Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.