New condominium prices were up overall in Western Canada, and flat or down in Eastern Canada from the first quarter to the second quarter.
Prices rose at the fastest pace in Vancouver (+3.7%), followed by Edmonton (+3.5%) and Calgary (+3.1%). Victoria (-1.0%) posted the lone decline in Western Canada.
In Eastern Canada, new condo prices were flat in Halifax and Québec and down in Toronto (-1.2%), Ottawa (-0.9%) and Montréal (-0.3%).
Year over year, new condo prices were up in six of the nine cities covered by Statistics Canada’s New Condominium Price Index in the second quarter, led by Vancouver (+10.8%), Toronto (+5.4%) and Calgary (+5.0%).
Conversely, new condo prices were down in Québec (-7.7%), Halifax (-3.1%) and Montréal (-1.7%).
Check out the New condominium apartment price index data visualization tool to learn more about new condo prices in nine select metropolitan areas across Canada.
Contact information
For more information, contact the Statistical Information Service (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).