Housing resale prices in the Ottawa-Gatineau region were down slightly in October, according to the Teranet-National Bank National Composite House Price Index, but still measured higher than a year ago.
The index, which tracks changes in the resale price of single-family homes, was down 0.5 per cent for Ottawa last month when compared to September.
Local prices increased when compared to October of last year, Teranet found, but only slightly.
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The index is up just under one per cent when compared to the same period a year ago.
Among the eleven markets Teranet measures, the index increased 0.1 per cent month-over-month in October. It’s up three per cent from the same period a year ago.
Calgary, Hamilton and Toronto had the largest price increases while prices were down in Victoria and Halifax.
