{"id":19469,"date":"2022-03-03T10:10:00","date_gmt":"2022-03-03T18:10:00","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=19469"},"modified":"2022-03-02T16:10:04","modified_gmt":"2022-03-03T00:10:04","slug":"annual-hpi-increase-16-6-home-price-growth-does-not-ease","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2022\/03\/annual-hpi-increase-16-6-home-price-growth-does-not-ease\/","title":{"rendered":"Annual HPI Increase 16.6%, Home Price Growth Does Not Ease"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>YEAR-OVER-YEAR<\/strong><\/p>\n<p style=\"text-align: justify;\">The Teranet\u2013National Bank National Composite House Price Index\u2122, covering eleven CMAs around the country, reported a 16.6% annual gain in January, up from the 15.5% the previous month. Halifax, Hamilton, and Victoria reported the highest year-over-year gains among the 11 CMAs in January. Halifax led the way with 31.7% year-over-year price increase, followed by Hamilton with a 25.5% gain and Victoria with 20.8% increase. For the other 18 CMAs not included in the composite index, positive annual gains were observed in each of them, ranging from 2.5% in Lethbridge to 32.9% in Windsor.<\/p>\n<p style=\"text-align: justify;\"><strong>MONTH-OVER-MONTH<\/strong><\/p>\n<p style=\"text-align: justify;\">Before seasonal adjustment, the Teranet\u2013National Bank National Composite House Price IndexTM increased 1.3% from December to January, up from the 0.8% growth observed last month.<\/p>\n<p style=\"text-align: justify;\">After seasonal adjustment, the Teranet\u2013National Bank National Composite House Price IndexTM increased 1.7% from December to January, up from the 1.1% growth observed last month. In January, all 11 CMAs included in the index increases. Home price growth was the strongest during the month in Toronto, Victoria, and Hamilton, with gains of 2.4%, 2.2% dans 1.9% respectively.<\/p>\n<p style=\"text-align: justify;\">For the other CMAs not included in the composite index, growth was observed in 16 of the 18 CMAs, with Lethbridge and Peterborough being exceptions. Robust monthly growth was observed in Abbotsford-Mission (+5.1%) and Oshawa (+3.8%).<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/housepriceindex.ca\/2022\/02\/january2022\/\" target=\"_blank\" rel=\"noopener\">Click here<\/a> to view the full report.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/housepriceindex.ca\/2022\/02\/january2022\/\" target=\"_blank\" rel=\"noopener\">Teranet-National Bank HPI Reports 16.6% Annual Home Price Increase in January<\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/housepriceindex.ca\/2022\/02\/teranet-national-bank-house-price-index-price-growth-does-not-ease-in-january\/\" target=\"_blank\" rel=\"noopener\">Teranet-National Bank House Price Index : Price Growth Does Not Ease in January<\/a><\/p>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>YEAR-OVER-YEAR The Teranet\u2013National Bank National Composite House Price Index\u2122, covering eleven CMAs around the country, reported a 16.6% annual gain in January, up from the 15.5% the previous month. Halifax, &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2022\/03\/annual-hpi-increase-16-6-home-price-growth-does-not-ease\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-19469","post","type-post","status-publish","format-standard","hentry","category-market-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Annual HPI Increase 16.6%, Home Price Growth Does Not Ease &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2022\/03\/annual-hpi-increase-16-6-home-price-growth-does-not-ease\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Annual HPI Increase 16.6%, Home Price Growth Does Not Ease &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"YEAR-OVER-YEAR The Teranet\u2013National Bank National Composite House Price Index\u2122, covering eleven CMAs around the country, reported a 16.6% annual gain in January, up from the 15.5% the previous month. Halifax, &hellip; [read more]\" \/>\n<meta name=\"twitter:creator\" content=\"@RoryClipsham\" \/>\n<meta name=\"twitter:site\" content=\"@RoryClipsham\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rory Clipsham\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2022\\\/03\\\/annual-hpi-increase-16-6-home-price-growth-does-not-ease\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2022\\\/03\\\/annual-hpi-increase-16-6-home-price-growth-does-not-ease\\\/\"},\"author\":{\"name\":\"Rory Clipsham\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"headline\":\"Annual HPI Increase 16.6%, Home Price Growth Does Not Ease\",\"datePublished\":\"2022-03-03T18:10:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2022\\\/03\\\/annual-hpi-increase-16-6-home-price-growth-does-not-ease\\\/\"},\"wordCount\":233,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"articleSection\":[\"Market Updates\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2022\\\/03\\\/annual-hpi-increase-16-6-home-price-growth-does-not-ease\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2022\\\/03\\\/annual-hpi-increase-16-6-home-price-growth-does-not-ease\\\/\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2022\\\/03\\\/annual-hpi-increase-16-6-home-price-growth-does-not-ease\\\/\",\"name\":\"Annual HPI Increase 16.6%, Home Price Growth Does Not Ease &#8226; 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