New housing prices in Calgary were unchanged for the third consecutive month in October, according to the Statistics Canada New Housing Price Index report released today.
Builders reported that price increases to cover the cost of new building code regulations were offset by lower negotiated selling prices, resulting in no change to the index between September & October.
On an annual basis, prices were down -0.6%. New home price growth has shrunk for over a year, and October marked the third straight month prices were lower than the year before.
You can download the entire Statistics Canada release here