Government of Nova Scotia, Canada

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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email:

October 24, 2023

Monthly (September 2023 vs August 2023)

In Nova Scotia new housing prices were unchanged from the previous month in September 2023. Nationally, prices were down 0.2% from August 2023. Quebec posted the largest monthly decline in new housing prices in September 2023. New housing prices were unchanged in six provinces. 

Year-over-year (September 2023 vs September 2022) 

Nova Scotia’s new housing prices declined 0.6% from September 2022. Nationally, prices were down 1.0%.

New housing prices increased in Newfoundland and Labrador and Quebec. Saskatchewan reported the largest year-over-year decline in new housing prices. New housing prices were unchanged in Prince Edward Island and New Brunswick.

Halifax new home prices declined 0.6% year over year in September 2023. New housing price growth among Census Metropolitan Areas was fastest in Québec City. New housing prices declined in 19 CMAs led by Ottawa. 

Year-to-date (January-September 2023 vs January-September 2022)

Nova Scotia new housing prices increased 0.8% on average through the first nine months of the year. Nationally new housing prices were unchanged with gains in six provinces. Quebec had the largest increase and British Columbia reported the largest decline.

Halifax's new housing price index was up 0.8% for January-September 2023 compared to the same period in 2022. Eleven of the cities had growth with the fastest growth in Quebec and Calgary. New housing prices declined the most in Victoria.

Source: Statistics Canada. Table 18-10-0205-01 New housing price index, monthly

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