Canada Sept Teranet house price index +2.1% y/y vs +1.4% y/y prior

Author: Adam Button | Category: News

Canadian house price data from Teranet/National Bank

  • Prior was +1.4% y/y
  • Prices flat m/m vs +0.2% expected
  • 5 of 11 markets showed gains
  • Seasonally adjusted, Vancouver prices down in four straight months
This release isn't typically a market mover. There have surely been some revisions because the miss on the monthly data and beat on the yearly print don't make sense otherwise.
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