Canada August Teranet house price index +5.7% y/y vs +5.5% prior
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House price index from Teranet and National Bank
- Prior was +5.5% y/y
- Index at 240.43 vs 239.01 prior
- Index up 0.6% m/m
The 12-month gain was led by Ottawa-Gatineau (12.6%), Halifax (11.1%),
Montreal (10.1%), Hamilton (8.4%) and Toronto (7.3%). Lagging the
countrywide average were Victoria (3.3%), Winnipeg (3.3%), Vancouver
(3.2%) and Quebec City (2.4%). Down from 12 months earlier were Edmonton
(−2.4%) and Calgary (−2.5%).