​House price index climbs 5.4 per cent

The Teranet-National Bank index of home prices has increased by 5.4 per cent from a year ago.

The Teranet-National Bank index of home prices has increased by 5.4 per cent from a year ago. The latest figures show that Vancouver, Calgary, Hamilton and Toronto have led the annual increases. Low interest rates and improving jobs and consumer sentiment are keeping the market buoyant but disparity continues with the four hottest markets gaining the headlines while Winnipeg, Montreal and Quebec City are among the cities seeing more moderate price rises.
 

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