Canada new housing price index Oct
  • Prior was +0.1%
  • New home prices -0.9% y/y vs -1.0% y/y prior
  • Prices were down or unchanged in 25 of the 27

These numbers don't reflect the reality of falling prices because many builders are offering different types of incentives like design credits and rebates to encourage sales.

Year-over-year numbers nationally:

local