The cost of buying a new home in Winnipeg remained essentially unchanged in February, according to a new report from Statistics Canada.
In its monthly New Housing Price Index report released today, the agency said Manitoba’s index rose by a meagre 0.1 per cent from January to February.
It was part of a broad trend which saw little or no change in nearly three-quarters of the 21 cities surveyed by the agency. The national average increase was 0.2 per cent.
On a year-over-year basis, new-home prices in Manitoba were up 2.6 per cent from February of last year, the agency said. Nationally, the increase was 1.5 per cent.
St. Catharine's-Niagara saw the biggest monthly price gain, at 1.3 per cent, while Calgary posted the biggest year-over-year increase at 6.9 per cent.