New housing prices in Canada declined 2.3% year-on-year in July 2026, remaining unchanged from the previous month. House Price Index YoY in Canada averaged 2.62 percent from 1982 until 2026, 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 -2.00 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 1.30 percent in 2027 and 1.70 percent in 2028, according to our econometric models.