The mission of the Teranet – National Bank House Price Index™ is an independent representation of the rate of change of Canadian single-family home prices. The measurements are based on the property records of public land registries, where sale price is available. The monthly indices cover eleven Canadian metropolitan areas: Victoria, Vancouver, Calgary, Edmonton, Winnipeg, Hamilton, Toronto, Ottawa, Montréal, Québec and Halifax. The metropolitan areas are combined to form a national composite index.
In addition to their informational role, the Teranet – National Bank House Price Index™ was developed to be a trustworthy benchmark for financial professionals. Teranet and National Bank of Canada offer licenses covering all index-linked products.
