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. source: Statistics Canada

House Price Index MoM in Canada decreased to -0.20 percent in December from 0 percent in November 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 February of 2026.

House Price Index MoM in Canada decreased to -0.20 percent in December from 0 percent in November 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
2025-12-19 01:30 PM
New Housing Price Index MoM
Nov 0.0% -0.4% 0% -0.3%
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 -0.2%


Related Last Previous Unit Reference
Average House Prices 673400.00 675400.00 CAD Dec 2025
Building Permits 12030849.00 13840325.00 CAD Thousand Nov 2025
Building Permits MoM 6.80 -13.20 percent Dec 2025
Home Ownership Rate 66.70 69.30 percent Dec 2023
Home Sales 39134.00 40238.00 units Dec 2025
New Housing Price Index MoM -0.20 0.00 percent Dec 2025
New Housing Price Index YoY -2.00 -1.93 percent Dec 2025
Housing Index 122.00 122.20 points Dec 2025
Housing Starts 282.40 254.60 Thousand units Dec 2025
Price to Rent Ratio 125.50 128.87 Sep 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
-0.20 0.00 3.10 -1.90 1981 - 2025 percent Monthly
NSA

News Stream
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
Canada New Housing Prices Continue to Fall
New housing prices in Canada fell 0.4% month-over-month in October 2025, marking the eighth consecutive month without an increase and following a 0.2% decline in September. The data highlight continued softness in the housing market. The land price index held steady, while the housing-only component fell 0.6%. Prices in Ontario declined slightly more than in the previous month (-0.6% vs -0.5%), while prices in Quebec eased to 0.3% from 1.1%.
2025-11-21