Calgary New Housing Price Growth Slowing

Following 25 months of increases, new housing prices in Calgary were flat month-over-month in January according to the New Housing Price Index released by Statistics Canada today.

At 5.1% annual growth, however, Calgary new home price gains continued to lead Canada albeit at a slower pace than previously.

Statistics Canada reports that nationally the NHPI fell 0.1% in January, largely as a result of lower negotiated selling prices. This was the first decrease at the national level since July 2010.

Calgary annual new housing price growth leads Canada

Calgary annual new housing price growth leads Canada

Calgary new housing price growth slowing

Calgary new housing price growth slowing

NHPI January 2015 (click to enlarge)

NHPI January 2015 (click to enlarge)

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