Investor Presentation First Quarter 2019
Per cent
-6
4
6
25,000
20,000
Jan 2007
Jan 2008
Jan 2009
Jan 2010
Jan 2011
Canadian Housing Market
Higher interest rates and new regulations driving soft landing
Volume of Home Sales Near 10-Year Average*
50,000
45,000
40,000
35,000
30,000
Monthly home sales*
за
10-year monthly moving avg.*
Per cent
Significant Moderation in Price Growth*
(Aggregate Composite MLS® Home Price Index Y/Y Percentage Change)
25
20
15
10
5
50
Jan 2012
Jan 2013
Jan 2014
Jan 2015
Jan 2016
Jan 2017
Jan 2018
Jan 2019-
*Actual - not seasonally adjusted
Annual Price Change by Province*
(Y/Y Percentage Change)
ון
*Actual - not seasonally adjusted
January 2019 vs. January 2018
-8
-10
CA
BC
AB
SK
MB
ON
QC
NB
NS
PE
NF
1 Sources for charts and table: CREA; MLS® Home Price Index growth rates reported as non seasonally-adjusted y/y
Per cent
8
6
4
2.7
-5
59
-10
Jan 2006
Jan 2007
Jan 2008
Jan 2009
Jan 2010
Jan 2011
Jan 2012
Jan 2013
Jan 2014
Jan 2015
Jan 2016
Jan 2017
Jan 2018
*Actual - not seasonally adjusted
Canada's Five Largest Metropolitan Areas*
(MLS® Home Price Index Benchmark Price Y/Y Percentage Change)
0
-2
-4
-4.52
-6
GTA
GVA
*Actual - not seasonally adjusted
6.32
Average
-0.45
-2.88
-3.87
Montreal Calgary
Edmonton
Scotiabank®
49
49
Jan 2019View entire presentation