Table 1 
Residential Property Price Index – Not seasonally adjusted 

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Residential Property Price Index – Not seasonally adjusted
  Relative importance1 Fourth quarter 2018 Third quarter 2019r Fourth quarter 2019p Third quarter to fourth quarter 2019 Fourth quarter 2018 to fourth quarter 2019
  % (2017=100)(2017=100)(2017=100) % change% change
Residential Property Price Index            
Six-CMA composite, total construction and building types 100.00 103.6 104.2 104.8 0.6 1.2
Montréal 6.22 106.3 111.8 112.9 1.0 6.2
Ottawa 4.00 108.6 115.7 118.4 2.3 9.0
Toronto 45.90 102.5 104.7 105.1 0.4 2.5
Calgary 11.09 97.8 96.3 96.1 -0.2 -1.7
Vancouver 30.31 105.5 101.9 102.1 0.2 -3.2
Victoria 2.49 108.2 108.6 111.0 2.2 2.6
Residential Property Price Index – Six-CMA composite, total construction types 100.00          
House 73.97 101.4 101.6 102.1 0.5 0.7
Condominium apartment 26.03 109.8 111.3 111.9 0.5 1.9
Residential Property Price Index – Six-CMA composite, total building types 100.00          
New 28.78 103.4 102.8 102.6 -0.2 -0.8
Resale 71.22 103.7 104.9 105.8 0.9 2.0
r
revised
p
preliminary
Source(s):
Tables 18-10-0169-01, 18-10-0169-02, 18-10-0171-01.

Table note 1

The relative importance is calculated by dividing the weight of each of the six census metropolitan areas (CMAs) by the sum of the weights of those six CMAs. The weights correspond to a three-year average of the value of sales of new properties from the Canada Mortgage and Housing Corporation's Market Absorption Survey and the value of repeat-sales transactions used in the Resale Residential Property Price Index.
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