Canada: House prices fall in November; housing starts decline
According to the Teranet-National Bank House Price Index, house prices dropped 0.9% in November, following the 1.0% fall in October....
The economy recorded average house price growth of 7.4% in the decade to 2022. In 2022, house price growth in Canada was 11.4%.
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Home Prices Index (ann. var. %) | 1.5 | 6.5 | 14.7 | 11.3 | -2.0 |