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August 14, 2018TERANET-NATIONAL BANK HOUSE PRICE INDEX, JULY 2018 
In July, Halifax home prices as measured by the Teranet-National Bank House Price Index increased 1.2 per cent compared to the previous month. The Halifax price level was up 5.5 per cent over July 2017.
National year-over-year price growth slowed to 1.8 per cent in July. This is the smallest year-over-year increase in the 11-city composite since June 2013.
National resale home prices measured by the Teranet-National Bank House Price Index rose by 0.8 per cent month-to-month, with all cities except Calgary reporting higher prices in July.
Year-over-year, resale home prices are up 1.8 per cent for the 11-city composite of the Teranet-National Bank House Price Index, with 8 of the 11 cities reporting higher housing prices compared to one year ago. The largest increases were reported in Vancouver and Victoria, while Toronto, Hamilton and Calgary each reported declines.
Comparing the first seven months of 2018 with the same period last year, resale home prices were up 5.3 per cent for the 11-city composite of the Teranet-National Bank House Price Index. The strongest gains were reported in Vancouver and Victoria, followed by Halifax and Montreal.
Source: Teranet National-Bank
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