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.