New Housing Price Index (NHPI): September 2012

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.

Source: Statistics Canada (click to enlarge image)

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