New home prices in Calgary in December increased from the previous month but were down compared with a year ago.

CALGARY — New home prices in the Calgary census metropolitan area were down slightly in December compared with a year ago.

Statistics Canada’s New Housing Price Index, released Thursday, showed prices in the Calgary region were off by 0.1 per cent on an annual basis but they were up 0.2 per cent from November.

For Canada, prices rose 0.1 per cent following a 0.3 per cent increase in November. On a year-over-year basis, prices across the country have risen by 2.5 per cent.

Between November and December, Toronto and Oshawa (0.4 per cent) posted the largest monthly price advance, followed by Montréal and Québec City (both 0.3 per cent).

Monthly price declines were recorded in Hamilton (0.3 per cent) and Vancouver (0.2 per cent).

The largest year-over-year price increases were recorded in Toronto and Oshawa (6.3 per cent), Regina (5.3 per cent) and Winnipeg (4.6 per cent).

Victoria posted the largest decrease at 1.6 per cent.

mtoneguzzi@calgaryherald.com