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For additional information relating to this article, please contact:

Barbara Ruszel Economist
Tel: 902-424-1848Email: Basia.Ruszel-Lichodzijewska@novascotia.ca

October 12, 2017
TERANET-NATIONAL BANK HOUSE PRICE INDEX, SEPTEMBER 2017

Halifax home prices as measured by the Teranet-National Bank House Price were down 0.4 per cent in September 2017 compared to August 2017. The Halifax price level was 0.4 per cent above the September 2016 level. 

For the month of September, the Teranet national index (composite of 11 cities) fell 0.8 per cent. In September, 5 out of 11 cities experienced increases.

Nationally, (Composite-11) house prices are 11.4 per cent above their levels in September of last year. The increase was led by Toronto, Hamilton, and Victoria.   

Comparing the first nine months of 2017 to the same period in 2016, Halifax home prices are up 2.2 per cent.  Nationally, (Composite-11) house prices are 13.3 per cent above their levels in the first nine months of last year.

 

Note: As part of the ongoing evolution of the Teranet-National Bank House Price Index, the Composite 6 index (C6) will no longer be available for public download. The Composite 11 index (C11), which contains the same markets from the C6, as well as the additional markets of Victoria, Edmonton, Winnipeg, Hamilton and Quebec City continues to be publicly available for download.

Source: Teranet National-Bank

 



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