New housing price index up 0.1 per cent in October: Statistics Canada

OTTAWA – Statistics Canada says its new housing price index rose 0.1 per cent in October, following an identical rise in September.

On a year-over-year basis, the index rose 1.6 per cent in October.

The Vancouver metropolitan area was the top contributor to the October growth, with prices up 0.4 per cent over the previous month.

New housing prices also rose 0.4 per cent in the Hamilton region.

Prices fell 0.3 per cent in St. Catharines–Niagara and were down 0.2 per cent in Ottawa–Gatineau and Windsor.

Prices were unchanged in 10 of the 21 metropolitan areas surveyed.

News from © The Canadian Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

Create a free account

The Canadian Press

The Canadian Press is Canada's trusted news source and leader in providing real-time, bilingual multimedia stories across print, broadcast and digital platforms.

Related Articles