The Teranet-National Bank House Price Index for December has been released, which shows that Canadian house prices rose by 0.2% across the 11 major markets, with annual growth improving to 2.0%:
After falling for 14 straight months, Vancouver house prices have bottomed, rising by 0.6% since their trough in September 2019
However, Vancouver’s house prices were still down 6.9% from their July 2018 peak.
