Housing Index in Canada increased to 120.80 points in December from 120.50 points in November of 2021. source: Statistics Canada

Housing Index in Canada averaged 69.90 points from 1981 until 2021, reaching an all time high of 120.80 points in December 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 January of 2022.

Housing Index in Canada is expected to be 123.50 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 130.00 points in 2023, according to our econometric models.

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Canada New Housing Price Index


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.
Actual Previous Highest Lowest Dates Unit Frequency
120.80 120.50 120.80 37.70 1981 - 2021 points Monthly
2016M12=100, NSA

Related Last Previous Unit Reference
Building Permits 11192424.00 10475100.00 CAD Thousand Nov/21
Housing Index 120.80 120.50 points Dec/21
Home Ownership Rate 68.55 66.30 percent Dec/18


News Stream
Canada New Home Price Growth Beats Expectations
Prices of new homes in Canada rose 0.9 percent over a month earlier in October of 2021, quickening from a 0.4 percent gain in September and beating market forecasts of 0.5 percent. New house prices were up in 15 of the 27 census metropolitan areas surveyed, led by Kitchener-Cambridge-Waterloo (+3.8 percent) and London (2.4 percent), given their proximity to Toronto. Meanwhile, new home prices in Victoria rose the most since 2002 (+3.3 percent), amid robust demand and diminishing supplies. On an annual basis, new house prices jumped 11.5 percent in October.
2021-11-19
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