New Housing Price Index (NHPI): October 2011

Calgary’s New Housing Price Index (NHPI) rose 0.2% in October, following a 0.3%  increase in September, according to the report out from Statistics Canada today.   The index was up 0.3% from the previous October.

The index showed larger increases Canada-wide, with the NHPI  up +2.5% y/y.  The largest y/y increases were in:

  • Winnipeg (+5.6%)
  • Toronto & Oshawa (+5.6%)
  • Regina (+5.1%)

Among the 21 metropolitan regions surveyed, 4 posted 12-month price declines in October. The largest y/y decreases were in:

  • Windsor (-3.3%)
  • Victoria (-1.9%)

Source: Statistics Canada (click to enlarge image)

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