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February 22, 2023NEW HOUSING PRICE INDEX, JANUARY 2023 Month-over-month (January 2023 vs December 2022)
In Nova Scotia new housing prices declined 0.3% from December 2022. Nationally, prices were down 0.2%. Five provinces reported a decline with the largest decline in Manitoba, while Newfoundland and Labrador reported an increase of 0.6%.
Year-over-year (January 2023 vs January 2022)
Nova Scotia’s new housing prices increased 3.2% from January 2022. Nationally, prices were up 2.7%.
All provinces posted gains led by Alberta and Quebec while British Columbia reported the smallest year-over-year gain.
Halifax new home prices increased 3.2% year over year in January 2023. New housing price growth among Census Metropolitan Areas was fastest in Calgary. New housing prices were unchanged in Trois-Rivieres, Oshawa, Hamilton, Guelph, and Greater Sudbury.
Source: Statistics Canada. Table 18-10-0205-01 New housing price index, monthly
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