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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

October 10, 2019
NEW HOUSING PRICE INDEX, AUGUST 2019

In Nova Scotia, the price of new housing decreased 0.2 per cent in August 2019, while the national index increased 0.1 per cent. 

In Nova Scotia, new housing prices were 0.5 per cent higher than they were in August 2018. National new housing prices declined 0.3 per cent, year over year.

Year to date, Nova Scotia new housing prices were up 0.7 per cent in the first eight months of 2019.  National new housing prices were down 0.1 per cent in January-August 2019 compared to January-August 2018.  Quebec saw the fastest growth in new housing prices at 2.2 per cent. The largest decline was in Saskatchewan where new housing prices fell 1.6 per cent compared to the first eight months of 2018.

Census Metropolitan Areas

Year to date, price growth among Census Metropolitan Areas was fastest in Ottawa, London, Windsor and Montreal.  New housing prices declined the most in Regina, Calgary and St. John's.

 

Source: Statistics Canada

Table 18-10-0205-01 New housing price index, monthly



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