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May 14, 2019TERANET-NATIONAL BANK HOUSE PRICE INDEX, APRIL 2018 
In April, Halifax home prices as measured by the Teranet-National Bank House Price Index declined 1.1 per cent compared to the previous month. The Halifax price level was up 1.2 per cent compared to April 2018.
Monthly resale home prices are relatively unchanged for the 11-city composite of the Teranet-National Bank House Price Index, with 6 of the 11 cities reporting lower housing prices. The largest monthly decline was in Winnipeg (-2.0 per cent), and the largest monthly gain was in Ottawa-Gatineau (0.9 per cent).
National year-over-year price growth was 1.2 per cent in April. Home price inflation has slowed considerably from the pace observed in 2017, reaching its lowest level since 2009. Halifax year-over-year price growth declined to 1.2 per cent in April.
Year to date, Halifax house prices were up 1.8 per cent, while the National index increased 1.7 per cent over the same period last year. Prices were up in 8 of the 11 metropolitan markets, with the largest increase in Ottawa-Gatineau. Price declines have occurred in Edmonton, Calgary, and Vancouver.
Source: Teranet National-Bank
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