Government of Nova Scotia, Canada

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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email:

March 21, 2024

Monthly (February 2024 vs January 2024)

In Nova Scotia new housing prices were up 0.2% in February over the previous month. Nationally, new housing prices increased 0.1% from January 2024. Four provinces reported growth in new housing prices, five reported no changes and only Manitoba reported a monthly decline.                                

Year-over-year (February 2024 vs February 2023) 

Nova Scotia’s new housing prices declined 1.2% from February 2023 to February 2024. Nationally, prices were down 0.4%.

New housing prices increased year-over-year in Quebec, Alberta and British Columbia. Among the five provinces reporting declining year-over-year new housing prices, Saskatchewan reported the largest decrease. New housing prices were unchanged in Prince Edward Island.

Halifax new home prices declined 1.2% year-over-year in February 2024. Among Census Metropolitan Areas, the largest year-over-year gains were in Quebec City and Calgary, while Ottawa reported the sharpest year-over-year declines in new housing prices. 


Year to date (January-February 2024 vs January-February 2023)

In the first two months of 2024, Nova Scotia's new housing price index is 1.3% lower compared to the same period in 2023. Alberta reported the fastest growth while Saskatchewan reported the fastest decline.

Halifax new housing prices were down 1.3% in Jan-Feb 2024 compared to Jan-Feb 2023. The fastest growth among CMAs was in Quebec City and the fastest decline was in Ottawa.

Source: Statistics Canada. Table 18-10-0205-01 New housing price index, monthly

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