(Source: CBC News)

The new-housing price index rose 0.1 per cent in February, the fourth consecutive monthly gain, after a 0.4 per cent increase in January.

Statistics Canada also reports that average prices rose in 14 of 21 cities between January and February.

Prices increased the most in Regina (up two per cent), followed by Winnipeg and
London (both up 1.9 per cent).

Toronto and Oshawa, Ont., (down 0.7 per cent) as well as Charlottetown (down 0.5 per cent) were the only cities to register monthly decreases in February.

Read the full article “
New-home prices up 0.1% in February” in the CBC News (April 13, 2010)

Developments featured in this article

More Like This

Facebook Chatter