New Hosting Price Increase Decelerating?
Housing Price Increase Drop
That is a confusing way of saying that the increase in new house prices is slowing down. September 2006 to September ‘07 new housing prices increase by 6.2% (down from 6.5% August to August).
Housing prices increased the most where? Can you guess? Starts with a “P”? Yes, the Prairies, where housing prices continue to increase at a startling rate. The praries in general was about 15% however in Alberta the story was:
The Edmonton market remained strong with a 26.6% increase. New housing prices rose 5.9% in Calgary in September, the only Prairie city with a year-over-year increase below 10%. This occurred despite higher development costs, as new lots were released into the market.
How do people buy new houses these day?
| New Housing Price Indexes | |||||
|---|---|---|---|---|---|
| September 2007 | September 2006 to September 2007 | August to September 2007 | |||
| Canada total | |||||
| House only | |||||
| Land only | |||||
| St. John’s | |||||
| Halifax | |||||
| Charlottetown | |||||
| Saint John, Fredericton and Moncton | |||||
| Québec | |||||
| Montréal | |||||
| Ottawa–Gatineau | |||||
| Toronto and Oshawa | |||||
| Hamilton | |||||
| St. Catharines–Niagara | |||||
| Kitchener | |||||
| London | |||||
| Windsor | |||||
| Greater Sudbury and Thunder Bay | |||||
| Winnipeg | |||||
| Regina | |||||
| Saskatoon | |||||
| Calgary | |||||
| Edmonton | |||||
| Vancouver | |||||
| Victoria | |||||
|
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November 11th, 2007 at 11:42 AM
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