Canada Housing November 2020

Canada

Canada: Housing prices growth loses some steam in November

December 17, 2020

According to the Teranet-National Bank Composite House Price Index, house price growth decelerated to 0.9% on a month-on-month non-seasonally-adjusted basis in November, from October’s 1.3%. In annual terms, house prices were up 9.0% in November, which was up from the previous month’s 8.1% rise.

In November, prices in all 11 markets surveyed increased over the month prior. Prices in Hamilton, Halifax and Montreal increased robustly, while prices in Toronto—which accounts for over one-third of the 11-city composite index—grew 0.9% month-on-month.


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Canada Housing Prices November 20 20

Note: Monthly and annual variation in % of the Teranet-National Bank House Price Index.
Source: .


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