Statistics Canada's New Condominium Apartment Price Index slips 0.6 per cent in the third quarter

3 November 2026

Statistics Canada has published its New Condominium Apartment Price Index for the third quarter of 2026. The index tracks what developers charge for newly built condominium apartments, adjusted per square foot, and uses 2017 as its base year with a value of 100. The Canada-wide composite stood at 120.8, down 0.6 per cent over the previous quarter. The index covers the country as a whole and nine census metropolitan areas: Halifax, Montreal, Quebec, the Ontario part of Ottawa-Gatineau, Toronto, Calgary, Edmonton, Vancouver and Victoria. Of these, the Ontario part of Ottawa-Gatineau rose 1.6 per cent and Montreal 0.7 per cent, while Victoria fell 1.8 per cent and Vancouver 1.0 per cent. Halifax and Quebec were unchanged. The series is one of the price indexes the national statistical office maintains for the construction and housing sector.