Canada New Housing Price Index  1981-2016 | Data | Chart | Calendar

New home prices in Canada increased by 0.4 percent month-over-month in October 2016, following 0.2 percent gain in September and above market expectations of 0.2 percent. Windsor (+1.5 percent) recorded the largest monthly price advance, followed by Toronto and Oshawa (+1.3 percent). Builders reported improved market conditions, higher construction costs, higher land costs and a shortage of developed land as main reasons for the increases. Other notable price growth occurred in Victoria (+0.8 percent), in the combined region of Kitchener–Cambridge–Waterloo (+0.7 percent) and in Winnipeg (+0.6 percent). In contrast, prices fell 0.2 percent in Calgary and 0.1 percent in Edmonton and Regina. Compared to October 2015, new home prices rose by 3 percent, mainly driven by higher prices in Toronto and Oshawa (+8.1 percent). Housing Index in Canada averaged 76.08 Index Points from 1981 until 2016, reaching an all time high of 117.20 Index Points in October of 2016 and a record low of 44.30 Index Points in May of 1983.

Canada New Housing Price Index
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-10 01:30 PM Sep 0.2% 0.2% 0.2%
2016-12-08 01:30 PM Oct 3% 2.8%
2016-12-08 01:30 PM Oct 0.4% 0.2% 0.2%
2017-01-13 01:30 PM Nov 3% 117.54%
2017-01-13 01:30 PM Nov 0.4% 117.54%
2017-02-10 01:30 PM Dec 117.88%




Canada Housing Last Previous Highest Lowest Unit
Building Permits 7642390.00 7031938.00 7838967.00 57056.00 CAD Thousand [+]
Housing Starts 184.00 192.30 291.60 90.70 Thousand [+]
Housing Index 117.20 116.70 117.20 44.30 Index Points [+]
Home Ownership Rate 66.50 67.80 67.80 63.90 percent [+]



Canada New Housing Price Index Notes

In Canada, New Housing Price Index (NHPI) measures changes over time in the contractors' selling prices of new residential houses, where specifications of each house remain the same between two consecutive periods. . This page provides - Canada New Housing Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada New Housing Price Index - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
117.20 116.70 117.20 44.30 1981 - 2016 Index Points Monthly
2007=100, NSA



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