City home prices rise 0.3% in October

The StarPhoenixDecember 12, 2009
Data released by Statistics Canada Friday shows the Saskatoon region is on-par with the national rate of increase in new house prices.

Between September and October, the price of a new home rose 0.3 per cent in the Saskatoon census metropolitan area (CMA). Nationally, the rate of increase month-over-month is the same as Saskatoon at 0.3 per cent.

However, on a year-over-year basis, the price of a new home in the Saskatoon CMA dropped 3.3 per cent. Nationally, the price of a new home dropped 2.1 per cent between October 2008 and October 2009.

The Regina region, meanwhile, noted no change in the price of a new home between September and October and a 1.7 per cent increase in price year-over-year.

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