New house prices rose 0.2 per cent in March, says Statistics Canada

OTTAWA – Statistics Canada says its new housing price index rose 0.2 per cent in March, following an identical increase in February.

The agency says the Calgary region was the top contributor to the gain, marking the third consecutive month it has led the way in Canada.

The region showed the largest monthly price gain, up 0.8 per cent over February.

New home prices in St. John’s rose 0.3 per cent, the first increase since August.

Prices were down in Charlottetown, Victoria, Saskatoon, Ottawa–Gatineau and Vancouver.

They were unchanged in 11 of the 21 metropolitan areas surveyed