Calgary new home prices eked out a 0.2% month-over-month gain in September according to Statistics Canada’s New Housing Price Index released today. This followed a 0.3% increase between July & August. Year-over-year, Calgary prices were up 2.3%
Across Canada, the NHPI rose 0.2% in September, following a similar increase in August. Prices were unchanged in 8 of the 21 metropolitan regions surveyed in September. On a year-over-year basis, the NHPI rose 2.4% in the 12 months to September, again following a similar increase the previous month.
Year-over-year declines were noted in some cities in the Maritimes and BC.