House price index in Canada decreased 1.4% year-on-year in July 2025, following a 1% drop in the previous month. House Price Index YoY in Canada averaged 2.73 percent from 1982 until 2025, reaching an all time high of 16.50 percent in March of 1989 and a record low of -9.70 percent in February of 1991. source: Statistics Canada

House Price Index YoY in Canada is expected to be 0.70 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 YoY is projected to trend around 1.40 percent in 2026 and 1.70 percent in 2027, according to our econometric models.



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 YoY
Actual Previous Highest Lowest Dates Unit Frequency
-1.40 -1.00 16.50 -9.70 1982 - 2025 percent Monthly
NSA