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

New home prices in Canada rose 0.7 percent month-over-month in May of 2016, following 0.3 percent growth in April and above market expectations of a 0.2 percent gain. It was the largest monthly advance since July 2007, mainly driven by higher new home prices in the combined region of Toronto and Oshawa and in Vancouver. The combined region of Toronto and Oshawa (+1.9 percent, the largest in 27 years) was the top contributor to the national increase. Builders reported market conditions and the higher cost of land as the reasons for the advance. Prices also rose in Vancouver (+1.1 percent) and Victoria (+1.1 percent, highest since May 2007), as builders cited market conditions as the primary reason for the increases. In contrast, in Regina (-0.4 percent) and in Charlottetown (-0.4 percent) prices fell. Year-on-year, new home prices went up by 2.7 percent, the largest increase since September 2010. Housing Index in Canada averaged 75.51 Index Points from 1981 until 2016, reaching an all time high of 114.90 Index Points in April of 2016 and a record low of 44.30 Index Points in May of 1983. Housing Index in Canada is reported by the Statistics Canada.

Canada New Housing Price Index
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Actual Previous Highest Lowest Dates Unit Frequency
115.70 114.90 115.70 44.30 1981 - 2016 Index Points Monthly
2007=100, NSA
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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-09 12:30 PM Apr 2.1% 2% 2%
2016-07-14 12:30 PM May 0.7% 0.3% 0.2%
2016-07-14 12:30 PM May 2.7% 2.1%
2016-08-11 12:30 PM Jun 2.7%
2016-08-11 12:30 PM Jun 0.7%
2016-09-08 12:30 PM Jul

Canada Housing Last Previous Highest Lowest Unit
Building Permits 6791039.00 6920214.00 7838967.00 57056.00 CAD Thousand [+]
Housing Starts 218.33 186.71 291.60 90.70 Thousand [+]
Housing Index 115.70 114.90 115.70 44.30 Index Points [+]
Home Ownership Rate 66.50 67.80 67.80 63.90 percent [+]




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