\begin{table}[htbp] \centering\scriptsize \caption{Comparison with external indices: change of the annual mean log index from 2021 to 2026 (January--September), log ×100, and correlations of 12-month and 1-month log changes}\label{tab:external} \begin{threeparttable} \resizebox{\textwidth}{!}{% \begin{tabular}{lrrrrrrr} \toprule SHARP series & External series & Geography & SHARP 2026 vs 2021 & External 2026 vs 2021 & Gap & Corr. 12-m & Corr. 1-m \\ \midrule condo (CMM/CMQ) & CREA MLS HPI, Composite NSA & Montréal CMA & 28.4 & 23.5 & +4.9 & 0.88 & 0.54 \\ condo (CMM/CMQ) & CREA MLS HPI, Apartment NSA & Montréal CMA & 28.4 & 23.7 & +4.7 & 0.92 & 0.52 \\ condo (CMM/CMQ) & CREA MLS HPI, Single Family NSA & Montréal CMA & 28.4 & 25.0 & +3.4 & 0.86 & 0.48 \\ condo (CMM/CMQ) & Teranet-NB, NSA (repeat sales) & Montréal CMA & 28.4 & 26.1 & +2.3 & 0.95 & 0.63 \\ house (CMM/CMQ) & CREA MLS HPI, Single Family NSA & Montréal CMA & 35.6 & 25.0 & +10.6 & 0.91 & 0.33 \\ house (CMM/CMQ) & CREA MLS HPI, Composite NSA & Montréal CMA & 35.6 & 23.5 & +12.2 & 0.92 & 0.33 \\ house (CMM/CMQ) & Teranet-NB, NSA (repeat sales) & Montréal CMA & 35.6 & 26.1 & +9.6 & 0.95 & 0.70 \\ house (CMM/CMQ) & CREA MLS HPI, Apartment NSA & Montréal CMA & 35.6 & 23.7 & +12.0 & 0.90 & 0.24 \\ condo province & CREA MLS HPI, Apartment NSA & Quebec (province) & 31.6 & 24.7 & +6.9 & 0.88 & 0.58 \\ condo province & CREA MLS HPI, Composite NSA & Quebec (province) & 31.6 & 26.5 & +5.2 & 0.84 & 0.58 \\ condo province & CREA MLS HPI, Single Family NSA & Quebec (province) & 31.6 & 28.1 & +3.5 & 0.83 & 0.52 \\ house province & CREA MLS HPI, Composite NSA & Quebec (province) & 42.3 & 26.5 & +15.9 & 0.91 & 0.37 \\ house province & CREA MLS HPI, Single Family NSA & Quebec (province) & 42.3 & 28.1 & +14.3 & 0.91 & 0.36 \\ house province & CREA MLS HPI, Apartment NSA & Quebec (province) & 42.3 & 24.7 & +17.6 & 0.92 & 0.30 \\ condo (CMM/CMQ) & Teranet-NB, NSA (repeat sales) & Québec CMA & 43.9 & 43.7 & +0.2 & 0.71 & 0.13 \\ condo (CMM/CMQ) & CREA MLS HPI, Single Family NSA & Québec CMA & 43.9 & 45.5 & -1.6 & 0.60 & 0.06 \\ condo (CMM/CMQ) & CREA MLS HPI, Composite NSA & Québec CMA & 43.9 & 44.3 & -0.4 & 0.67 & 0.11 \\ condo (CMM/CMQ) & CREA MLS HPI, Apartment NSA & Québec CMA & 43.9 & 47.1 & -3.1 & 0.67 & 0.19 \\ house (CMM/CMQ) & CREA MLS HPI, Apartment NSA & Québec CMA & 47.9 & 47.1 & +0.9 & 0.54 & -0.01 \\ house (CMM/CMQ) & CREA MLS HPI, Composite NSA & Québec CMA & 47.9 & 44.3 & +3.6 & 0.59 & -0.08 \\ house (CMM/CMQ) & CREA MLS HPI, Single Family NSA & Québec CMA & 47.9 & 45.5 & +2.4 & 0.56 & -0.09 \\ house (CMM/CMQ) & Teranet-NB, NSA (repeat sales) & Québec CMA & 47.9 & 43.7 & +4.3 & 0.63 & 0.54 \\ \bottomrule \end{tabular}} \begin{tablenotes}\footnotesize\item Teranet--National Bank: repeat sales on all registry transfers, CMA, all residential types. CREA MLS HPI: benchmark hedonic on brokered resales, CMA / provincial aggregate. SHARP metropolitan series = stock-weighted aggregates of municipal cells inside the Montréal (CMM) and Québec (CMQ) metropolitan communities; all series rebased to 2021 average = 100 before comparison.\end{tablenotes} \end{threeparttable} \end{table}