The national index rose by 0.2% on a month-over-month basis in May and prices grew in 10 of the 27 census metropolitan areas (CMAs) surveyed. This was the first month since June 2022 that prices increased in 10 or more CMAs. The largest month-over-month increases in May 2024 were reported in Trois-Rivières (+2.0%), Calgary (+1.3%) and Halifax (+1.1%). Builders in these CMAs attributed the price gains to construction costs and improving market conditions. Meanwhile, Trois-Rivières is one of the most affordable cities in Canada. According to the Building construction price indexes release for the first quarter of 2024, the ... (full story)