House Price Index (HPI): February 2012

Canadian home prices were down 0.2% in February from the previous month according to the Teranet–National Bank National Composite House Price Index™ released today. It was the 3rd decline in 4 months.

Prices were down from the month before in 6 of the 11 metropolitan markets surveyed, including all 4 in Alberta and British Columbia.

Calgary prices were down -0.6% from January, making it the second straight month in decline. Year-over-year, prices were up +1.3%

Source: housepriceindex.ca


Source: housepriceindex.ca

One response to “House Price Index (HPI): February 2012

  1. Seems like there is a balanced market in Calgary up to 700k. I wonder what it’s looking like for the month of April to date.

    Bob has compiles a great chart that shows Absorption Rate by Price Range here
    -Mike Fotiou

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