Data for the New Condominium Apartment Price Index (NCAPI) are now available from the first quarter of 2017 up to and including the first quarter of 2022. Until February 2022, the NCAPI was published as a component of the Residential Property Price Index (RPPI) and covered only six census metropolitan areas (CMAs): Calgary, Montréal, Ottawa, Toronto, Vancouver, and Victoria. The RPPI was terminated with the release of the fourth quarter of 2021 data. This release marks the first publication of new condominium apartment price indexes for Edmonton, Halifax and Québec City, in addition to the six CMAs already published.
In the first quarter of 2022, prices for new condominium apartments for the nine CMA composite rose by 1.8% compared with the fourth quarter of 2021. Out of the nine CMAs, prices increased in four, decreased in three and were unchanged in two.
Contact information
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