In Winnipeg, the result was due to builders introducing new list prices, said the report, whereas Quebecâ€™s increase was attributed to higher material and labour costs. Toronto, Montreal and Oshawa new housing prices were also up 0.4%.
Slower market conditions dropped prices 0.2% for January in Moncton, St. John and Fredericton, said Statistics Canada. In Hamilton and Edmonton, where prices were down 0.2% and 0.1% respectively, builders also reported lower negotiated selling prices.
Year-over-year, the largest increase remained in St. Johnâ€™s, up 6.2% since last January. Contractor selling prices were also up 6% in Regina and 5.9% in Winnipeg.
The largest year-over-year declines were in Windsor, down 3.7%, and Charlottetown, down 1.9%.
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The largest increase in the New Housing Price Index was in Winnipeg and Quebec, up 0.7% and 0.5% respectively.