{"id":8804,"date":"2018-04-13T08:08:27","date_gmt":"2018-04-13T15:08:27","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=8804"},"modified":"2018-04-12T08:28:57","modified_gmt":"2018-04-12T15:28:57","slug":"a-flat-march-for-the-teranet-national-bank-house-price-index","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2018\/04\/a-flat-march-for-the-teranet-national-bank-house-price-index\/","title":{"rendered":"A Flat March for the Teranet\u2013National Bank House Price Index\u2122"},"content":{"rendered":"<p style=\"text-align: justify;\">The Teranet\u2013National Bank National Composite House Price IndexTM was unchanged in March \u2013 the first time outside a recession when the March composite index was not up at least 0.2 percentage points from February and the first time outside a recession when March indexes were up for only four of the 11 metropolitan markets of the composite index \u2013 Victoria (1.0%), Vancouver (0.5%), Winnipeg (0.5%) and Quebec City (0.1%). The index for Toronto was flat. Indexes for the other six markets were all down on the month: Montreal \u22120.2%, Hamilton \u22120.3%, Calgary \u22120.4%, Ottawa-Gatineau \u22120.7%, Halifax \u22121.0%, Edmonton \u22121.3%.<\/p>\n<p style=\"text-align: justify;\">The rise of the Vancouver index was the 13th in 15 months, taking it to a new high. In recent months its gains have been smaller, consistent with the relaxation of the market reported by the Greater Vancouver Real Estate Board. The Toronto index is down 7.3% from its peak of last July. The raw (unsmoothed) Toronto index* has declined a similar 7.9% over that period, though its condo segment is unchanged from July \u2013 all other types of housing taken together are down 10.4%. The index for neighbouring Hamilton has declined in six of the last seven months, for a cumulative 5.9% drop from its August peak. The Ottawa-Gatineau index has declined in five of the last six months and is down 2.4% from its September peak. The Calgary and Edmonton indexes are also down from six months ago.<\/p>\n<p style=\"text-align: justify;\">Teranet-National Bank National Composite House Price Index\u2122<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0 <a href=\"https:\/\/www.roryc.ca\/blog\/?attachment_id=8806\" rel=\"attachment wp-att-8806\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-8806\" src=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/04\/teranet-bank-300x182.gif\" alt=\"\" width=\"556\" height=\"337\" srcset=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/04\/teranet-bank-300x182.gif 300w, https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/04\/teranet-bank-768x466.gif 768w\" sizes=\"auto, (max-width: 556px) 100vw, 556px\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">Because of the rise of the composite index from March to August last year, its reading for March 2018 was up 6.6% from a year earlier. This is the smallest 12-month rise since May 2016 and a ninth consecutive deceleration from the record 14.2% of last June. The March 12-month rise of the composite index was exceeded only by the indexes for Vancouver (15.4%) and Victoria (12.5%), which were followed by Halifax (6.1%), Hamilton (5.9%), Toronto (4.3%), Montreal (4.3%), Ottawa-Gatineau (3.0%), Winnipeg (2.9%), Calgary(0.4%) and Edmonton (0.2%). The Quebec City index was down 0.4% from a year earlier.<\/p>\n<p style=\"text-align: justify;\">Indexes exist for seven Golden Horseshoe markets outside Toronto and Hamilton. Six of them \u2013 Barrie, Guelph, Brantford, Kitchener, St. Catharines and Oshawa \u2013 were down from last July, the exception being Peterborough. Indexes not included in the composite index also exist for seven markets outside the Golden Horseshoe, five of them in Ontario. Of the total of 14, 13 were up from a year earlier, with rises ranging from 4.4% in Barrie, Ont., to 25.3% in Abbotsford-Mission, B.C. The index for Sudbury was down 3.1% from a year earlier.<\/p>\n<p><a href=\"https:\/\/housepriceindex.ca\/#maps=c11\" target=\"_blank\" rel=\"noopener\">Click here<\/a> for the full report including historical data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Teranet\u2013National Bank National Composite House Price IndexTM was unchanged in March \u2013 the first time outside a recession when the March composite index was not up at least 0.2 &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2018\/04\/a-flat-march-for-the-teranet-national-bank-house-price-index\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-8804","post","type-post","status-publish","format-standard","hentry","category-market-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A Flat March for the Teranet\u2013National Bank House Price Index\u2122 &#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\/2018\/04\/a-flat-march-for-the-teranet-national-bank-house-price-index\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"A Flat March for the Teranet\u2013National Bank House Price Index\u2122 &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"The Teranet\u2013National Bank National Composite House Price IndexTM was unchanged in March \u2013 the first time outside a recession when the March composite index was not up at least 0.2 &hellip; [read more]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/04\/teranet-bank.gif\" \/>\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\\\/2018\\\/04\\\/a-flat-march-for-the-teranet-national-bank-house-price-index\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/04\\\/a-flat-march-for-the-teranet-national-bank-house-price-index\\\/\"},\"author\":{\"name\":\"Rory Clipsham\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"headline\":\"A Flat March for the Teranet\u2013National Bank House Price Index\u2122\",\"datePublished\":\"2018-04-13T15:08:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/04\\\/a-flat-march-for-the-teranet-national-bank-house-price-index\\\/\"},\"wordCount\":414,\"publisher\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"image\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/04\\\/a-flat-march-for-the-teranet-national-bank-house-price-index\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/04\\\/teranet-bank-300x182.gif\",\"articleSection\":[\"Market Updates\"],\"inLanguage\":\"en-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/04\\\/a-flat-march-for-the-teranet-national-bank-house-price-index\\\/\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/04\\\/a-flat-march-for-the-teranet-national-bank-house-price-index\\\/\",\"name\":\"A Flat March for the Teranet\u2013National Bank House Price Index\u2122 &#8226; Rory C Real Estate | Oakwyn Realty\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/04\\\/a-flat-march-for-the-teranet-national-bank-house-price-index\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/04\\\/a-flat-march-for-the-teranet-national-bank-house-price-index\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/04\\\/teranet-bank-300x182.gif\",\"datePublished\":\"2018-04-13T15:08:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/04\\\/a-flat-march-for-the-teranet-national-bank-house-price-index\\\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/04\\\/a-flat-march-for-the-teranet-national-bank-house-price-index\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/04\\\/a-flat-march-for-the-teranet-national-bank-house-price-index\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/04\\\/teranet-bank.gif\",\"contentUrl\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/04\\\/teranet-bank.gif\",\"width\":914,\"height\":555},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/04\\\/a-flat-march-for-the-teranet-national-bank-house-price-index\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A Flat March for the Teranet\u2013National Bank House Price Index\u2122\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/\",\"name\":\"Rory C Real Estate | Oakwyn Realty\",\"description\":\"Rory C Real Estate Updates | Home Selling &amp; Buying\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\",\"name\":\"Rory Clipsham\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"contentUrl\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"width\":504,\"height\":504,\"caption\":\"Rory Clipsham\"},\"logo\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\"},\"sameAs\":[\"http:\\\/\\\/www.roryc.ca\\\/\",\"https:\\\/\\\/www.facebook.com\\\/pg\\\/BurnabyandCoquitlamHomes\\\/about\\\/?ref=page_internal\",\"https:\\\/\\\/www.instagram.com\\\/roryclipshamhomes\\\/\",\"https:\\\/\\\/x.com\\\/RoryClipsham\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A Flat March for the Teranet\u2013National Bank House Price Index\u2122 &#8226; Rory C Real Estate | Oakwyn Realty","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.roryc.ca\/blog\/2018\/04\/a-flat-march-for-the-teranet-national-bank-house-price-index\/","twitter_card":"summary_large_image","twitter_title":"A Flat March for the Teranet\u2013National Bank House Price Index\u2122 &#8226; Rory C Real Estate | Oakwyn Realty","twitter_description":"The Teranet\u2013National Bank National Composite House Price IndexTM was unchanged in March \u2013 the first time outside a recession when the March composite index was not up at least 0.2 &hellip; [read more]","twitter_image":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/04\/teranet-bank.gif","twitter_creator":"@RoryClipsham","twitter_site":"@RoryClipsham","twitter_misc":{"Written by":"Rory Clipsham","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.roryc.ca\/blog\/2018\/04\/a-flat-march-for-the-teranet-national-bank-house-price-index\/#article","isPartOf":{"@id":"https:\/\/www.roryc.ca\/blog\/2018\/04\/a-flat-march-for-the-teranet-national-bank-house-price-index\/"},"author":{"name":"Rory Clipsham","@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"headline":"A Flat March for the Teranet\u2013National Bank House Price Index\u2122","datePublished":"2018-04-13T15:08:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.roryc.ca\/blog\/2018\/04\/a-flat-march-for-the-teranet-national-bank-house-price-index\/"},"wordCount":414,"publisher":{"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"image":{"@id":"https:\/\/www.roryc.ca\/blog\/2018\/04\/a-flat-march-for-the-teranet-national-bank-house-price-index\/#primaryimage"},"thumbnailUrl":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/04\/teranet-bank-300x182.gif","articleSection":["Market Updates"],"inLanguage":"en-CA"},{"@type":"WebPage","@id":"https:\/\/www.roryc.ca\/blog\/2018\/04\/a-flat-march-for-the-teranet-national-bank-house-price-index\/","url":"https:\/\/www.roryc.ca\/blog\/2018\/04\/a-flat-march-for-the-teranet-national-bank-house-price-index\/","name":"A Flat March for the Teranet\u2013National Bank House Price Index\u2122 &#8226; Rory C Real Estate | Oakwyn Realty","isPartOf":{"@id":"https:\/\/www.roryc.ca\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.roryc.ca\/blog\/2018\/04\/a-flat-march-for-the-teranet-national-bank-house-price-index\/#primaryimage"},"image":{"@id":"https:\/\/www.roryc.ca\/blog\/2018\/04\/a-flat-march-for-the-teranet-national-bank-house-price-index\/#primaryimage"},"thumbnailUrl":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/04\/teranet-bank-300x182.gif","datePublished":"2018-04-13T15:08:27+00:00","breadcrumb":{"@id":"https:\/\/www.roryc.ca\/blog\/2018\/04\/a-flat-march-for-the-teranet-national-bank-house-price-index\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.roryc.ca\/blog\/2018\/04\/a-flat-march-for-the-teranet-national-bank-house-price-index\/"]}]},{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.roryc.ca\/blog\/2018\/04\/a-flat-march-for-the-teranet-national-bank-house-price-index\/#primaryimage","url":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/04\/teranet-bank.gif","contentUrl":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/04\/teranet-bank.gif","width":914,"height":555},{"@type":"BreadcrumbList","@id":"https:\/\/www.roryc.ca\/blog\/2018\/04\/a-flat-march-for-the-teranet-national-bank-house-price-index\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.roryc.ca\/blog\/"},{"@type":"ListItem","position":2,"name":"A Flat March for the Teranet\u2013National Bank House Price Index\u2122"}]},{"@type":"WebSite","@id":"https:\/\/www.roryc.ca\/blog\/#website","url":"https:\/\/www.roryc.ca\/blog\/","name":"Rory C Real Estate | Oakwyn Realty","description":"Rory C Real Estate Updates | Home Selling &amp; Buying","publisher":{"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.roryc.ca\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":["Person","Organization"],"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7","name":"Rory Clipsham","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","url":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","contentUrl":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","width":504,"height":504,"caption":"Rory Clipsham"},"logo":{"@id":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg"},"sameAs":["http:\/\/www.roryc.ca\/","https:\/\/www.facebook.com\/pg\/BurnabyandCoquitlamHomes\/about\/?ref=page_internal","https:\/\/www.instagram.com\/roryclipshamhomes\/","https:\/\/x.com\/RoryClipsham"]}]}},"_links":{"self":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/8804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/comments?post=8804"}],"version-history":[{"count":3,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/8804\/revisions"}],"predecessor-version":[{"id":8809,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/8804\/revisions\/8809"}],"wp:attachment":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/media?parent=8804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/categories?post=8804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/tags?post=8804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}