New home prices in Canada fell 0.1% month-over-month in July 2025, marking the fourth consecutive monthly decline and missing market expectations of a 0.1% increase. Ontario (-0.2%) and British Columbia (-0.1%) recorded decreases in prices Meanwhile, Alberta posted a flat reading and Quebec's new home prices rose by 0.3%. source: Statistics Canada

House Price Index MoM in Canada decreased by 0.10 percent in July from -0.20 percent in June of 2025. House Price Index MoM in Canada averaged 0.22 percent from 1981 until 2025, reaching an all time high of 3.10 percent in March of 1987 and a record low of -1.90 percent in February of 1991. This page includes a chart with historical data for Canada House Price Index MoM. Canada New Housing Price Index MoM - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.

House Price Index MoM in Canada decreased by 0.10 percent in July from -0.20 percent in June of 2025. House Price Index MoM in Canada is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada New Housing Price Index MoM is projected to trend around 0.50 percent in 2026 and 0.30 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-23 12:30 PM
New Housing Price Index MoM
Jun -0.2% -0.2% 0% 0.1%
2025-08-20 12:30 PM
New Housing Price Index MoM
Jul -0.1% -0.2% 0.1% -0.1%
2025-09-23 12:30 PM
New Housing Price Index MoM
Aug -0.1%


Related Last Previous Unit Reference
Average House Prices 688700.00 688500.00 CAD Jul 2025
Building Permits 11950620.00 13132408.00 CAD Thousand Jun 2025
Building Permits MoM -9.00 12.80 percent Jun 2025
Home Ownership Rate 66.70 69.30 percent Dec 2023
Home Sales 42883.00 42912.00 units Jul 2025
New Housing Price Index MoM -0.10 -0.20 percent Jul 2025
New Housing Price Index YoY -1.40 -1.00 percent Jul 2025
Housing Index 123.30 123.40 points Jul 2025
Housing Starts 294.10 283.50 Thousand units Jul 2025
Price to Rent Ratio 128.84 134.34 Jun 2025
Residential Property Prices -1.22 -1.58 Percent Mar 2025

Canada New Housing Price Index MoM
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.
Actual Previous Highest Lowest Dates Unit Frequency
-0.10 -0.20 3.10 -1.90 1981 - 2025 percent Monthly
NSA

News Stream
Canada New Housing Price Index Eases in July
New home prices in Canada fell 0.1% month-over-month in July 2025, marking the fourth consecutive monthly decline and missing market expectations of a 0.1% increase. Ontario (-0.2%) and British Columbia (-0.1%) recorded decreases in prices Meanwhile, Alberta posted a flat reading and Quebec's new home prices rose by 0.3%.
2025-08-20
Canadian New Home Prices Fall for Third Month
New home prices in Canada fell 0.2% in June 2025, marking the third consecutive monthly decline and missing market expectations of no change. The sharpest monthly drop was seen in Greater Sudbury (-0.9%), followed by Calgary (-0.8%), as builders cited a market slowdown that gave buyers more leverage to negotiate lower prices. On the upside, Charlottetown saw the largest price gain (+1.4%), followed by Victoria (+0.7%).
2025-07-23
New Home Prices in Canada Decline 0.2% in May
New home prices in Canada fell 0.2% in May from the previous month, matching market expectations, as house prices dropped 0.4%. In contrast, land prices edged up an estimated 0.1%, partially offsetting the overall decrease. Regionally, declines were led by Ontario (-0.5%) and British Columbia (-0.4%), while gains were seen in Atlantic Canada (+0.4%) and the Prairies (+0.2%).
2025-06-20