Canada House Price Index Has Hottest October On Record

Author: External Author | | Categories: Commercial Mortgage , Estate Planning , Real Estate Lawyer , Residential Mortgage

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Canada’s house prices don’t typically soar in October as the market slows down heading into winter, but this year was an exception, with house prices seeing their largest jump ever for the month.

The Teranet-National Bank House Price Index was up 8.1 per cent from a year earlier in October, with prices having jumped 1.3 per cent in just the previous month.

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Original Article Source Credits:   Huffington Post , https://www.huffingtonpost.ca/

Article Written By:   Daniel Tencer

Original Article Posted on:  11/19/2020 

Link to Original Article: https://www.huffingtonpost.ca/entry/house-price-index-canada_ca_5fb684dac5b66cd4ad426a78



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