Calgary New Home Price Slide Extends Into September

Calgary new home prices slid a little further in September according to the New Housing Price Index released by Statistics Canada.

The year-over-year price decrease in Calgary was the second in as many months. Up until August, prices had not fallen on annual basis since January 2012.

In September, prices were down -0.5% y/y  but were unchanged from August.

Calgary NHPI, Y/Y Percent Change

Calgary NHPI, Y/Y Percent Change

Looking out across the country, the highest annual growth was in Hamilton with an increase of 3.7%.   The largest y/y decrease was in Regina where prices fell -1.4%.

You can read the entire Statistics Canada release here.

NHPI, Sept 2015

NHPI, Sept 2015 (click to enlarge)

Please feel free to post your comment or question

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s