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New Housing Price Index, January 2019

From statcan.gc.ca

Canadian new housing prices fell in January for the first time since February 2018. The national index declined 0.1% in January, following five consecutive months of unchanged prices. Mortgage rate increases in 2018, along with tighter mortgage regulations, likely contributed to the flatness observed across Canada. Buyers in Saskatoon (-0.3%) recorded the largest decrease in January, which was the result of lower negotiated selling prices for new homes. Four of the largest new housing markets in the country reported declines in January, ranging from decreases of 0.1% in Vancouver and Edmonton to declines of 0.2% in ... (full story)

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