New housing prices at the national level were unchanged for a fourth consecutive month. New home builders in 18 of the 27 census metropolitan areas (CMAs) reported flat or decreasing prices in November. The largest declines were in Regina (-0.6%) and St. John's (-0.4%), with decreases in both CMAs linked to unfavourable market conditions. Prices in Regina and St. John's have been down or flat for 10 out of 11 months in 2018. According to the Canada Mortgage and Housing Corporation, the inventory of newly completed and unsold single-family dwellings was up in both CMAs in November compared with the same month a year ... (full story)