Canada’s new home prices fell 0.2% month over month in September 2026, slightly less than forecasts of a 0.1% decline. The drop was the steepest since May. House-only prices decreased 0.16%, following a 0.1% decline in August. Land prices fell 0.9%, after remaining unchanged in the previous month. source: Statistics Canada

House Price Index MoM in Canada decreased to -0.20 percent in September from -0.10 percent in August of 2026. House Price Index MoM in Canada averaged 0.21 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 November of 2026.

House Price Index MoM in Canada decreased to -0.20 percent in September from -0.10 percent in August of 2026. 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 0.30 percent in 2027 and 0.10 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-18 12:30 PM
New Housing Price Index MoM
Aug -0.1% -0.1% 0.0%
2026-10-22 12:30 PM
New Housing Price Index MoM
Sep -0.2% -0.1% -0.1% 0.4%
2026-11-18 01:30 PM
New Housing Price Index MoM
Oct -0.2%


Related Last Previous Unit Reference
Average House Prices 652800.00 655700.00 CAD Sep 2026
Building Permits 13571697.00 12478548.00 CAD Thousand Aug 2026
Building Permits MoM 8.80 -15.80 percent Aug 2026
Home Ownership Rate 66.70 69.30 percent Dec 2023
Home Sales 36842.00 37702.00 units Sep 2026
New Housing Price Index MoM -0.20 -0.10 percent Sep 2026
New Housing Price Index YoY -2.03 -2.30 percent Aug 2026
Housing Index 120.20 120.40 points Sep 2026
Housing Starts 248.90 242.22 Thousand units Sep 2026
Price to Rent Ratio 118.21 119.38 points Sep 2026
Residential Property Prices -3.97 -4.80 Percent Jun 2026


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
-0.20 -0.10 3.10 -1.90 1981 - 2026 percent Monthly
NSA

News Stream
Canada’s New Home Prices Fall in September
Canada’s new home prices fell 0.2% month over month in September 2026, slightly less than forecasts of a 0.1% decline. The drop was the steepest since May. House-only prices decreased 0.16%, following a 0.1% decline in August. Land prices fell 0.9%, after remaining unchanged in the previous month.
2026-10-22
Canada New Housing Prices Extend Monthly Decline
Canada’s new housing prices fell 0.1% month over month in August 2026, matching the decline recorded in July. The drop was also the same as in the previous two months and remained the smallest since prices last increased in February. House-only prices decreased 0.1%, following a 0.2% decline in July, while land prices were unchanged after falling 0.1% in the previous month.
2026-09-18
Canada New Housing Prices Edge Down in July
Canada’s new housing prices fell 0.1% month-on-month in July 2026, matching the pace of decline in June and missing market expectations for a flat reading. The decline remained the smallest since prices last increased in February, as land prices (-0.2% vs -0.4%) and house-only prices (-0.1% vs -0.3%) declined, albeit at a slower pace than the previous month. On an annual basis, new housing prices fell 2.3%, unchanged from June.
2026-08-20