New housing prices in Canada fell 0.4% month-on-month in January 2026, after a 0.2% decline in December and below forecasts of a 0.1% increase. The house-only index dropped 0.6%, extending the previous month’s 0.2% fall. Meanwhile, the land-only component was flat, following a 0.1% decrease in December. On an annual basis, new housing prices declined 2.3%, compared with a 2.0% drop previously. source: Statistics Canada

House Price Index MoM in Canada decreased to -0.40 percent in January from -0.20 percent in December of 2025. House Price Index MoM in Canada averaged 0.22 percent from 1981 until 2026, 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 March of 2026.

House Price Index MoM in Canada decreased to -0.40 percent in January from -0.20 percent in December of 2025. House Price Index MoM in Canada is expected to be -0.30 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 0.30 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-22 01:30 PM
New Housing Price Index MoM
Dec -0.2% 0% -0.2% 0.1%
2026-02-19 01:30 PM
New Housing Price Index MoM
Jan -0.4% -0.2% 0.1% -0.1%
2026-03-20 12:30 PM
New Housing Price Index MoM
Feb -0.4%


Related Last Previous Unit Reference
Average House Prices 665200.00 671200.00 CAD Jan 2026
Building Permits 12835254.00 12013978.00 CAD Thousand Dec 2025
Building Permits MoM 6.80 -13.20 percent Dec 2025
Home Ownership Rate 66.70 69.30 percent Dec 2023
Home Sales 36186.00 38397.00 units Jan 2026
New Housing Price Index MoM -0.40 -0.20 percent Jan 2026
New Housing Price Index YoY -2.00 -1.93 percent Dec 2025
Housing Index 122.00 122.20 points Dec 2025
Housing Starts 238.00 280.70 Thousand units Jan 2026
Price to Rent Ratio 124.71 125.50 Dec 2025
Residential Property Prices -3.60 -1.70 Percent Jun 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
-0.40 -0.20 3.10 -1.90 1981 - 2026 percent Monthly
NSA

News Stream
Canada New Housing Prices Fall More Than Expected in January
New housing prices in Canada fell 0.4% month-on-month in January 2026, after a 0.2% decline in December and below forecasts of a 0.1% increase. The house-only index dropped 0.6%, extending the previous month’s 0.2% fall. Meanwhile, the land-only component was flat, following a 0.1% decrease in December. On an annual basis, new housing prices declined 2.3%, compared with a 2.0% drop previously.
2026-02-19
Canada New Housing Prices Down 0.2% as Forecast
New housing prices in Canada fell by 0.2% month-on-month in December 2025, after being flat in the previous month, matching market estimates. The house-only index went down by 0.2%, after rising by 0.1% in November; while the land-only component fell by 0.1%, the same pace as in the month before. Yearly, housing prices slipped by 2% in December, following a 1.9% decline in the prior month.
2026-01-22
Canada New Housing Prices Stabilize After 8-Month Decline
New housing prices in Canada were unchanged month-on-month in November 2025, halting an eight-month streak of declines after a 0.4% drop in October. Meanwhile, the land price index slipped 0.1%, following a flat reading in October, while the housing-only component edged up 0.1%, rebounding from a 0.6% decline in the previous month.
2025-12-19