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July 12, 2018TERANET-NATIONAL BANK HOUSE PRICE INDEX, JUNE 2018
Halifax home prices as measured by the Teranet-National Bank House Price Index increased 1.0 per cent in June 2018 compared to the previous month. The Halifax price level was up 3.2 per cent over June 2017. The national year-over-year price gain slowed to 2.9 per cent in June.
National resale home prices measured by the Teranet-National Bank House Price Index rose by 0.9 per cent month-to-month, with all cities except Winnipeg reporting higher prices in June.
Year-over-year, resale home prices are up 2.9 per cent for the 11-city composite of the Teranet-National Bank House Price Index, with 9 of the 11 cities reporting higher housing prices compared to one year ago. The largest increases were reported in Vancouver and Victoria, while Toronto and Hamilton each reported a decline.
Comparing the first half of 2018 with the same months last year, resale home prices were up 5.9 per cent for the 11-city composite of the Teranet-National Bank House Price Index. The strongest gains were reported in Vancouver, Victoria and Hamilton.
Source: Teranet National-Bank
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