Rate hikes by the Reserve Bank of Australia have led some analysts to wonder if the Bank of Canada will be soon following suit. David A. Rosenberg, Chief Economist & Strategist at Gluskin Sheff, is not one of them.

Today’s release of the Teranet-National Bank National Composite House Price Index shows a vigorous gain of 2% in Canadian resale house prices from July to August. The national house price index (based on six cities) has now risen four straight months (and likely will show further increases in September and ...

An International Monetary Fund (IMF) working paper released this month asks: Is the Canadian Housing Market Overvalued? The study concludes that house prices in Alberta and British Columbia are now only 8% overvalued while house prices in Ontario, Quebec, and Saskatchewan are close to equilibrium (as of end of the second ...

House prices in Canada enjoyed their third consecutive monthly rise in July, with all regions contributing to the national increase for the first time in 13 months (according to the latest Teranet-National Bank National Composite House Price Index). Ottawa led the month-to-month change with a 2.6% increase in July over ...

David Rosenberg says in his market letter today that his use of the phrase “green shoot” in yesterday's letter may have been the “wrong choice of words.” He had rejoiced over the month-to-month increase in the Case-Shiller home price index but it wasn’t seasonally adjusted “and that is really the only ...

In my column, Wanted: Better House-Price Indexes, I questioned the data in a June 15 press release from the Canadian Real Estate Association (CREA). It announced a 16.4% jump in house prices over the five months ending May 30, to a record-level average price of $319,757. I said this seemed ...

House prices continue to deflate in Canada. They fell 5.8% during the 12 months to March, according to the Teranet–National Bank National Composite House Price Index. Last month the 12-month decline was 4.1%.

The downward trend in Canadian house prices continued in February, registering a year-over-year decline of -4.1%. Leading the retreat were declines in Calgary (-8.1%), Vancouver (-6.4%), Toronto (-5.0%) and Halifax (-0.5%). House prices in two other cities remained positive: Montreal (3.2%) and Ottawa (2.8%).

1. Are you sitting down for this? Find out how much you're overpaying for printer ink cartridges at printandprosper.com

The downward trend in house prices continued in January, registering a year-over-year decline of -2.4%. Leading the retreat were declines in Calgary (-8.2%), Vancouver (-4.2%), and Toronto (-2.4%). House prices in three other cities also moderated but remained positive: Montreal (4.1%), Ottawa (2.1%), and Halifax (1.2%).