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January 22, 2020NEW HOUSING PRICE INDEX, DECEMBER AND ANNUAL 2019 DECEMBER 2019
In December 2019, the price of new housing was unchanged in Nova Scotia compared to the previous month, while the national index increased 0.2 per cent.
In Nova Scotia, new housing prices were 0.9 per cent higher than they were in December 2018. National new housing prices increased 0.1 per cent, year over year.
ANNUAL 2019
In 2019, Nova Scotia's new housing prices were up 0.7 per cent compared to 2018. National new housing prices were down 0.1 per cent over 2018. Quebec saw the fastest growth in new housing prices at 2.9 per cent. The largest decline was in Saskatchewan where new housing prices fell 1.6 per cent compared to 2018.
Census Metropolitan Areas
Comparing 2019 to 2018, price growth among Census Metropolitan Areas was fastest in Ottawa, Montreal, and London. New housing prices declined the most in Regina, Calgary and Vancouver. New housing prices were down in all CMAs in Saskatchewan, Alberta, and British Columbia.
Statistics Canada Note: With the release of the January 2017 NHPI data, a number of important changes have been introduced to increase the relevance of the index series. The index base period, for which the NHPI equals 100, is now December 2016. The NHPI basket has been updated with new weights for the 2017 series, its coverage has been expanded to include new CMAs.
Source Statistics Canada. Table 18-10-0205-01 New housing price index, monthly
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