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Article #92

Re: New house price index

#92
From: Gordon Dewis
Date: Sat, 10 Nov 2001 16:23
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In ont.general Elat Lerner <cx172@freenet.carleton.ca> wrote:
> Can anyone supply inflation rates for the period 1992-2001.
> Would be interesting to see what the real growth has
> been in the housing market.

Taking a quick look at the Statistics Canada website, the Daily release
of the NHPI indicates 1992=100, meaning all prices are in 1992 dollars.

The Bank of Canada has information about inflation on their website at
http://www.bankofcanada.ca/en/inflation/index.htm

However, it looks like there are different measures of inflation.  Though you
should check the documentation in the NHPI and/or CPI, I would imagine that
Statistics Canada uses the CPI when correcting dollars since it is an index
produced by them.

My $0.02+taxes, corrected for inflation... 

  --G

-- 
  Gordon Dewis        |  Tired of using "military intelligence" as an example
  BA Hons Geography   |  of an oxymoron?  Try "ethical bulk emailer" instead.
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From: Gordon Dewis <gordon@pinetree.pinetree.org>
Newsgroups: can.construction,ott.housing,ont.general,can.general
Subject: Re: New house price index
Date: 10 Nov 2001 16:23:21 GMT
Organization: Gordon's Pinetree, Ottawa, Ontario, Canada
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