Consumer prices on the decline in Canada in May

Gasoline prices rose 16.9 per cent on a month-over-month basis in May after falling significantly in April (-15.2 per cent) and March (-17.8 per cent)

Consumer prices on the decline in Canada in MayThe Consumer Price Index (CPI) fell 0.4 per cent on a year-over-year basis in May, down from a 0.2 per cent decline in April, according to data released Wednesday by Statistics Canada. Excluding gasoline, the CPI rose 0.7 per cent, the smallest increase since January 2013, said the federal agency. “Prices rose in four of…

Calgary average home prices have plunged by close to $28,000

The monetary value was the sixth highest in Canada as the company compared average home prices across 20 major markets in the country

Calgary average home prices have plunged by close to $28,000A report released Friday by online real estate platform Zoocasa says average home prices in Calgary have plunged by $27,960, or six per cent, between April and February. The monetary value was the sixth highest in Canada as the company compared average home prices across 20 major markets in the country to get a snapshot…

Calgary/Edmonton prices for repeat home sales off more than 8% from peak

Alberta cities were only major markets in Canada to see a year-over-year decline in home prices, according to new report released Wednesday

Calgary/Edmonton prices for repeat home sales off more than 8% from peakPrices for repeat home sales in both Calgary and Edmonton are down more than eight per cent from their peaks, according to the Teranet–National Bank National Composite House Price Index which was released on Wednesday. The report said Calgary prices in April were down by 8.05 per cent from the peak in October 2014 while…

First year-over-year decline in consumer prices since September 2009

Gasoline prices fell 39.3 per cent on a year-over-year basis in April, the largest year-over-year decline on record, says Statistics Canada

First year-over-year decline in consumer prices since September 2009The Consumer Price Index in Canada fell 0.2 per cent on a year-over-year basis in April, down from a 0.9 per cent gain in March, marking the first year-over-year decline in the CPI since September 2009, reported Statistics Canada on Wednesday. The CPI declined as energy prices fell as a result of the COVID-19 pandemic.…
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