Calgary New Home Prices Increase In October

Statistics Canada released data this morning showing that Calgary new home prices posted the greatest gain in Canada for October.

Between September and October, Calgary’s NHPI increased 0.1% and was up 6.1% year-over-year, by and far leading the cities surveyed.

Calgary leads nation in annual price growth for new homes

Calgary leads nation in annual price growth for new homes

For Canada overall, the New Housing Price Index (NHPI) rose 0.1% in October, following a flat September.

On a year-over-year basis, the NHPI rose 1.5% in the 12 months to October, making it the smallest annual increase in more than 3 years.

Ottawa, Victoria & Vancouver were the 3 cities with prices lower than the year before.

(click to enlarge image)

(click to enlarge image)

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