{"id":1648615,"date":"2022-09-20T08:55:21","date_gmt":"2022-09-20T12:55:21","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1648615"},"modified":"2022-09-20T08:55:32","modified_gmt":"2022-09-20T12:55:32","slug":"canada-home-prices-post-record-monthly-decline-in-august-teranet","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/canada-home-prices-post-record-monthly-decline-in-august-teranet\/","title":{"rendered":"Canada home prices post record monthly decline in August -Teranet"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fcanada-home-prices-post-record-monthly-decline-in-august-teranet%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1648615&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>OTTAWA (Reuters) \u2013     Canadian home prices fell sharply in August from July, while year-over-year price gains slowed further, as fast-rising interest rates continued to chill housing markets across the country, index data showed on Tuesday.<\/p>\n<p>The Teranet\u2013National Bank National Composite House Price Index, which tracks repeat sales of single-family homes in major Canadian markets, showed prices fell a record 2.4% in August from July, led by sharp declines in Hamilton, Ontario and Halifax, Nova Scotia.<\/p>\n<p>The index is now 4.1% below the May peak, with Hamilton down 10.5%, Halifax down 8.7% and Toronto down 8.3%. Calgary and Edmonton, Alberta, by contrast, both hit new peaks in August.<\/p>\n<p>And the index is still higher than a year ago, up 8.9% since August 2021, with annual price gains slowing from 14.2% in July and 18.3% in May. The Teranet index tracks closings, so it typically lags realtor sales data by three to five months.<\/p>\n<p> (Reporting by Julie Gordon in Ottawa; Editing by David Gregorio)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/canada-home-prices-post\/real-estate-sings-in-toronto-2\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/tagreuters.com2022binary_LYNXMPEI8J0MQ-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI8J0MQ-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>OTTAWA (Reuters) \u2013 Canadian home prices fell sharply in August from July, while year-over-year price gains slowed further, as fast-rising interest rates continued to chill housing markets across the country,<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1648615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1648615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1648615"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1648615\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1648615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1648615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1648615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}