The Teranet-National Bank House Price Index™ for August 2011 shows a continuing upward trend in the price of single-family homes across Canada
The Teranet-National Bank House Price Index for August 2011 shows a continuing upward trend in the price of single-family homes across Canada. The index showed a gain of 0.9 per cent, the fifth time in its nine-month rise that it has shown a 0.9 per cent increase or higher.
Metro Vancouver house prices climbed for the eleventh month in a row, increasing by 0.6 per cent.
For the first time, the index included Victoria, where house prices remained flat compared to July.
The index measures the rate of change in single-family home prices and is based on property records of public land registries. It measures data from the 11 major metropolitan areas across Canada.
You can read the latest report here.
