Teranet Canadian March house price index +13.5% vs +13.4% y/y prior

Canadian house price data from Teranet and National Bank
– Prior was +13.4% y/y
– Prices up 0.9% m/m vs +1.0% m/m prior
– Index at 204.05 vs 202.25 prior
House prices rising 1% a month is a phenomenon that’s already way past its best-before date. But what’s really eye-opening are the regional numbers.