Canada Economics

Teranet-National Bank House Prices (Jan.)

Canada Data Response
Written by Capital Economics Economist

The resurgence in Vancouver house prices wasn’t enough to prevent a decline in the annual growth rate of the Teranet composite house price index to a 21-month low of 8.7% in January, from 8.9% in the final month of last year and a peak of 14.2% in mid-2017.