November 2014 Teranet/National bank HPI -0.3% vs 0.2% prior m/m

• 5.2% vs 5.4% prior y/y
• HPI index 167.51 vs 167.99 prior

Canadian Teranet/National bank HPI y/y 12 12 2014

First y/y decline in over a year with prices down in 8/11 areas surveyed

Canadian Teranet National bank HPI chart 12 12 2014