Prices of new homes in Canada edged up 0.4 percent over a month earlier in September of 2021, easing from a 0.7 percent rise in August. New house prices were up in 13 of the 27 census metropolitan areas (CMAs) surveyed, whereas five of the CMAs observed a decline in prices. Windsor (+1.9%) recorded the largest monthly increase, while Saskatoon (-0.9%) led the drop in prices. On an annual basis, new house prices jumped 11.3 percent in September, easing from a record 12.2 percent rise in August of 2021. source: Statistics Canada

Housing Index in Canada averaged 69.49 points from 1981 until 2021, reaching an all time high of 118 points in August of 2021 and a record low of 37.70 points in May of 1983. This page provides - Canada New Housing Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada New Housing Price Index - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Housing Index in Canada is expected to be 112.50 points 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 is projected to trend around 115.00 points in 2022 and 118.00 points in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Canada New Housing Price Index


Calendar GMT Actual Previous Consensus TEForecast
2021-10-21 12:30 PM New Housing Price Index MoM Sep 0.4% 0.7% 0.6%
2021-10-21 12:30 PM New Housing Price Index YoY Sep 11.3% 12.2% 12.4%
2021-12-21 12:30 PM New Housing Price Index MoM Nov


Related Last Previous Unit Reference
Building Permits 9664403.00 9876209.00 CAD Thousand Aug/21
Housing Index 118.50 118.00 points Sep/21
Home Ownership Rate 68.55 66.30 percent Dec/18

News Stream
Canada New Home Prices Edge Higher in September
Prices of new homes in Canada edged up 0.4 percent over a month earlier in September of 2021, easing from a 0.7 percent rise in August. New house prices were up in 13 of the 27 census metropolitan areas (CMAs) surveyed, whereas five of the CMAs observed a decline in prices. Windsor (+1.9%) recorded the largest monthly increase, while Saskatoon (-0.9%) led the drop in prices. On an annual basis, new house prices jumped 11.3 percent in September, easing from a record 12.2 percent rise in August of 2021.
2021-10-21
Canada New Home Prices Rise Faster in August
Prices of new homes in Canada went up by 0.7% from the previous month in August of 2021, picking up momentum again after showing signs of slowing for three months in a row. New house prices were up in 13 of the 27 census metropolitan areas surveyed, led by London (+3.9%) amid supply shortages. Among Canada’s most expensive metropolitan areas, prices rose faster in Toronto (+0.8%) than in Vancouver (+0.5%) and Calgary (+0.2%). On an annual basis, new house prices jumped 12.2% in August, one of the steepest increases on record, continuing an upward trend that began in December of 2020.
2021-09-21
Canada New Home Prices Rise the Least in 7 Months
Prices of new homes in Canada increased by 0.4% from the previous month in July of 2021, the slowest growth since December 2020 and easing for a third straight month. New house prices were up in 19 of the 27 census metropolitan areas surveyed, led by Oshawa (+4.3%). However, prices in Toronto (+0.2%) and Vancouver (+0.3%), Canada's most expensive cities, grew at a slower pace than the national average. On an annual basis, new house prices jumped 11.9% in July, one of the steepest increases on record, continuing an upward trend that began in December of 2020.
2021-08-20

Canada New Housing Price Index
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.