Tales of big city buyers pushing prices higher in small towns has more data confirmation. Teranet, Ontario’s private land registry operator, conducted a study on provincial migration. They found existing homeowners migrated in record numbers over the past 3 quarters. Owners fleeing Toronto paid much more than the average migrating household as well. This likely […]
Canada’s largest land registry and a Big Six Bank are starting to see a slowdown for Canadian real estate. The Teranet–National Bank House Price Index (TNB HPI) increased in June. National Bank economists warned this isn’t the bullish sign it appears to be. The index actually made the smallest increase for June in 17 years, […]
Canadian real estate prices just printed an unusual month. The Teranet – National Bank of Canada House Price Index (Teranet HPI) show all but one market experienced a decline in October. The monthly decline has only occurred a handful of times in the index history. Teranet HPI Regular readers can probably skip this part. The […]
Canadian real estate prices rise in May, but print the longest deceleration trend since before the Great Recession according to Teranet.
Canadian real estate prices continue to see cooling growth, but still saw growth. The Teranet – National Bank House Price Index (Teranet HPI) shows prices climbed across the country in April. The monthly rise sounds great, but there were a few warning flags. The increase was one of the smallest for an April, and most […]
Analysts from Teranet and the National Bank of Canada are noting unusual movements in the Canadian real estate market. Data shows the market has made two movements, not seen outside of a recession.
Teranet’s HPI shows Vancouver real estate printed an all-time high in February, but a deep dive into the data actually shows a huge monthly decline that’s being averaged out. Here’s what you need to know.
Montreal and Toronto real estate prices decline, but Vancouver rises so much it brings the whole Teranet index into positive territory.
Canadian real estate prices dropped for a third month in a row, with Toronto making the largest single month decline in the country.
Canadian real estate prices continue to fall, led by a decline in Toronto, reports land registry giant Teranet.