Released: 2026-11-03

New Condominium Apartment Price Index — Canada

120.8

Third quarter 2026

-0.6% decrease

(quarterly change)

New Condominium Apartment Price Index — Halifax, Nova Scotia

120.7

Third quarter 2026

0.0%

(quarterly change)

New Condominium Apartment Price Index — Montréal, Quebec

134.4

Third quarter 2026

0.7% increase

(quarterly change)

New Condominium Apartment Price Index — Québec, Quebec

107.3

Third quarter 2026

0.0%

(quarterly change)

New Condominium Apartment Price Index — Ottawa-Gatineau, Ontario part, Ontario/Quebec

143.9

Third quarter 2026

1.6% increase

(quarterly change)

New Condominium Apartment Price Index — Toronto, Ontario

127.6

Third quarter 2026

-0.8% decrease

(quarterly change)

New Condominium Apartment Price Index — Calgary, Alberta

105.8

Third quarter 2026

-0.3% decrease

(quarterly change)

New Condominium Apartment Price Index — Edmonton, Alberta

108.3

Third quarter 2026

-0.7% decrease

(quarterly change)

New Condominium Apartment Price Index — Vancouver, British Columbia

109.6

Third quarter 2026

-1.0% decrease

(quarterly change)

New Condominium Apartment Price Index — Victoria, British Columbia

134.7

Third quarter 2026

-1.8% decrease

(quarterly change)

The New Condominium Apartment Price Index (2017=100) is now available for the third quarter of 2026.

  Note to readers

The New Condominium Apartment Price Index (NCAPI) is a quarterly series that measures changes over time in the developers’ selling prices of units in newly built apartment-style condominiums, where detailed specifications pertaining to each unit remain comparable between two consecutive periods.

The NCAPI is computed using a unit-value approach, wherein the price of a unit is standardized by its square footage to give a price per square foot. Quality adjustments are made prior to calculating these unit prices in order to produce a constant-quality index.

The NCAPI is available for Halifax, Montréal, Québec, Ottawa–Gatineau (Ontario part), Toronto, Calgary, Edmonton, Vancouver and Victoria, as well as for the composite of these nine census metropolitan areas (CMAs).

The NCAPI has a one-quarter revision period and is not seasonally adjusted.

Products

The New condominium apartment price index data visualization tool is now available. It provides access to current and historical data from the NCAPI for the CMAs of Halifax, Montréal, Québec, Ottawa–Gatineau (Ontario part), Toronto, Calgary, Edmonton, Vancouver and Victoria, as well as for a composite of these nine CMAs, in a dynamic and customizable format.

The Technical Guide for the New Condominium Apartment Price Index (NCAPI) is available. This document provides details on the methodology used to calculate the NCAPI.

Statistics Canada launched the Producer Price Indexes Portal as part of a suite of portals for prices and price indexes. It provides users with a single point of access to a wide variety of statistics and measures related to producer prices.

Contact information

For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).