Launch of the House Price Data Centre
National Bank and Teranet establish a partnership with The Globe and Mail
National Bank and Teranet join forces with The Globe and Mail to launch the House Price Data Centre, an interactive, online tool with exclusive data on the Canadian housing market. This user-friendly interface will be part of a new Real Estate Hub on The Globe’s website, designed to help Canadian consumers understand and track home prices over the short and long term.
Using data from the Teranet-National Bank House Price Index™, The Globe’s Data Centre will provide:
- High-quality analysis of the latest housing market trends, interactive graphs and clickable maps
- National and city data for Canada’s 11 largest cities
- A deep dive into the housing markets of Toronto, Montreal, Vancouver, Calgary, Edmonton and Ottawa
o Neighbourhood search by postal code to see average sales price and units sold
- Data snapshots designed to be shared on Facebook and Twitter
The Teranet-National Bank House Price Index™ is an independent representation of the rate of change of Canadian single-family home prices. The measurements are based on the property records of public land registries, where sale price is available. The Teranet-National Bank House Price Index™ was originally developed to be a trustworthy benchmark for financial professionals and has evolved to include consumer-use applications.
About National Bank of Canada
With $219 billion in assets as at January 31, 2016, National Bank of Canada, together with its subsidiaries, forms one of Canada’s leading integrated financial groups. The Bank has close to 20,000 employees and is widely recognized as a top employer. The Bank's securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank’s activities at nbc.ca or via social media such as Facebook, LinkedIn and Twitter.
Teranet is an international leader in electronic land registration and is the exclusive provider of online property search and registration in Ontario and The Property Registry in Manitoba. Teranet developed, owns and operates Ontario’s Electronic Land Registration System (ELRS) and facilitates the delivery of electronic land registration services on behalf of the Province. The ELRS is the means by which ownership of real property and interests on title are searched, recorded and transferred in the Province of Ontario and is widely recognized as one of the most advanced, secure and sophisticated electronic land registration systems in the world. Teranet is owned by Borealis, a leading global infrastructure investment manager and the infrastructure arm of the Ontario Municipal Employee Retirement System. For more information about Teranet, visit www.teranet.ca.
About The Globe and Mail
The Globe and Mail, founded in 1844, is Canada's foremost news media company. Each day, The Globe leads the national discussion by engaging Canadians through its award-winning coverage of news, politics, business, investing and lifestyle topics, across multiple platforms. The Globe and Mail print and digital formats reach 7.4 million readers every week, with Report on Business magazine reaching nearly 1.1 million readers every issue. The Globe’s online and mobile media hub globeandmail.com, iOS and Android apps have a combined monthly readership of 6.8 million. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.
Information (The telephone numbers provided below are for the exclusive use of journalists, other media representatives and shareholders.):
Manager, Public Affairs
Tel.: 514 394-4209