Posted AT 12:13 PM EST on 11/12/06
New house prices dip in Calgary
The average national price of a new home edged higher in October, but some of Canada's priciest cities — Toronto, Victoria and Calgary — experienced a drop in prices.
In oil-rich Calgary, where double-digit increases were until recently the norm, prices dipped 0.5 per cent from September — the first fall since November, 2004, Statistics Canada said Monday.
On a national basis, Statscan said the price tag for a new home edged up 0.
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