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The Daily. Wednesday, October 11, 2000
The New Housing Price Index rose 0.3% from July to August. From August 1999 to August 2000, this index of contractors' selling prices increased 2.4%.
Ottawa-Hull registered the highest monthly rise; for the second consecutive month, continued increased demand, along with higher prices for building materials, labour and land, pushed prices up 1.9%. Charlottetown (+1.5%) and Montréal (+1.3%) also posted notable advances; in both cases higher prices for land, building materials and labour were passed on to new home buyers.
New Housing Price Index
(1992=100)
| Aug. 2000 | Aug. 1999 to Aug. 2000 | July to Aug. 2000 | |
|---|---|---|---|
| % change | |||
| Canada (total) | 103.5 | 2.4 | 0.3 |
| House only | 105.4 | 3.2 | 0.4 |
| Land only | 102.9 | 0.9 | 0.2 |
| St. John's | 99.6 | 2.6 | 0.3 |
| Halifax | 115.5 | 2.8 | - |
| Charlottetown | 106.8 | 2.6 | 1.5 |
| Saint John-Moncton- Fredericton | 93.5 | -0.4 | - |
| Québec | 102.6 | 2.1 | 0.2 |
| Montréal | 109.2 | 4.0 | 1.3 |
| Ottawa-Hull | 108.7 | 7.2 | 1.9 |
| Toronto | 106.8 | 3.1 | 0.1 |
| Hamilton | 105.8 | 2.1 | 0.2 |
| St. Catharines-Niagara | 106.7 | 3.4 | -0.3 |
| Kitchener-Waterloo | 106.9 | 4.2 | 0.5 |
| London | 101.7 | 3.1 | - |
| Windsor | 106.5 | 0.9 | - |
| Sudbury-Thunder Bay | 98.0 | -1.3 | -0.5 |
| Winnipeg | 117.8 | 2.8 | - |
| Regina | 131.9 | 2.1 | - |
| Saskatoon | 116.2 | 1.8 | - |
| Calgary | 132.4 | 2.2 | 0.2 |
| Edmonton | 112.8 | 2.2 | 0.3 |
| Vancouver | 83.2 | -1.0 | - |
| Victoria | 71.9 | -4.4 | - |
| - | Nil or zero. |
Sudbury-Thunder Bay and St. Catharines-Niagara registered small monthly decreases; nine urban centres showed no change.
On an annual basis, Ottawa-Hull led the way with a 7.2% increase, followed by Kitchener-Waterloo (+4.2%) and Montréal (+4.0%). Notable increases were also observed in St. Catharines-Niagara, Toronto and London. Four urban centres registered decreases on a year-over-year basis; the largest drop was in Victoria (-4.4%).
Available on CANSIM: matrix 9921.
The third quarter 2000 issue of Construction price statistics (62-007-XPB, $24/$79) will be available in December. See How to order products.
For more information, or to enquire about the concepts, methods or data quality of this release, contact Denise Potvin (613-951-3350; fax: 613-951-1539; infounit@statcan.gc.ca), Prices Division.