Teranet-National Bank House Price Index Continues to Decline in January (February 20, 2024)
After adjusting for seasonal effects, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, declined by 0.3% from December to January, the fourth consecutive monthly decrease. However, this decline was due to contractions in only two of the eleven cities included in the index: Vancouver (-2.0%) and Toronto (-0.3%).
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