Canada - New Housing Price Index

Canada's New Housing Price Index registered 123 points in August 2025, showing no change from 123 points in July 2025. This 0% month-over-month increase reflects stable borrowing costs as the Bank of Canada held its policy interest rate at 2.75% through July and August before a September cut to 2.50%. Although urban housing starts decreased in August, the trend measure for housing starts rose, indicating a balanced supply-demand dynamic that supported price stability. Canada's record low New Housing Price Index was 37.7 points in May 1983 and record high was 126.1 points in August 2022.

Monthly Historical Data (1981-2025)

(in points)

Month	New Housing Price Index (points)
Aug 2025	123
Jul 2025	123
Jun 2025	123.4
May 2025	123.7
Apr 2025	124
Mar 2025	124.5
Feb 2025	124.5
Jan 2025	124.4
Dec 2024	124.5
Nov 2024	124.6
Oct 2024	124.5
Sep 2024	125
Aug 2024	125
Jul 2024	125
Jun 2024	124.7
May 2024	124.9
Apr 2024	124.7
Mar 2024	124.4
Feb 2024	124.4
Jan 2024	124.3
Dec 2023	124.4
Nov 2023	124.4
Oct 2023	124.7
Sep 2023	124.7
Aug 2023	125
Jul 2023	124.9
Jun 2023	125
May 2023	124.9
Apr 2023	124.8
Mar 2023	124.9
Feb 2023	124.9
Jan 2023	125.2
Dec 2022	125.5
Nov 2022	125.5
Oct 2022	125.7
Sep 2022	126
Aug 2022	126.1
Jul 2022	126
Jun 2022	125.9
May 2022	125.7
Apr 2022	125.1
Mar 2022	124.7
Feb 2022	123.2
Jan 2022	121.9
Dec 2021	120.8
Nov 2021	120.5
Oct 2021	119.6
Sep 2021	118.5
Aug 2021	118
Jul 2021	117.2
Jun 2021	116.7
May 2021	116
Apr 2021	114.4
Mar 2021	112.3
Feb 2021	111.1
Jan 2021	109
Dec 2020	108.2
Nov 2020	107.9
Oct 2020	107.3
Sep 2020	106.5
Aug 2020	105.2
Jul 2020	104.7
Jun 2020	104.3
May 2020	104.2
Apr 2020	104.1
Mar 2020	104.1
Feb 2020	103.8
Jan 2020	103.4
Dec 2019	103.4
Nov 2019	103.2
Oct 2019	103.3
Sep 2019	103.2
Aug 2019	103
Jul 2019	102.9
Jun 2019	103
May 2019	103.1
Apr 2019	103.2
Mar 2019	103.2
Feb 2019	103.2
Jan 2019	103.2
Dec 2018	103.3
Nov 2018	103.3
Oct 2018	103.3
Sep 2018	103.3
Aug 2018	103.3
Jul 2018	103.3
Jun 2018	103.2
May 2018	103.1
Apr 2018	103.1
Mar 2018	103.1
Feb 2018	103.1
Jan 2018	103.3
Dec 2017	103.3
Nov 2017	103.3
Oct 2017	103.2
Sep 2017	103.1
Aug 2017	102.9
Jul 2017	102.8
Jun 2017	102.4
May 2017	102.2
Apr 2017	101.5
Mar 2017	100.7
Feb 2017	100.5
Jan 2017	100.1
Dec 2016	100
Nov 2016	99.9
Oct 2016	99.7
Sep 2016	99.3
Aug 2016	99.1
Jul 2016	99
Jun 2016	98.6
May 2016	98.5
Apr 2016	97.7
Mar 2016	97.5
Feb 2016	97.3
Jan 2016	97.1
Dec 2015	97
Nov 2015	96.9
Oct 2015	96.8
Sep 2015	96.6
Aug 2015	96.5
Jul 2015	96.2
Jun 2015	96.1
May 2015	95.9
Apr 2015	95.7
Mar 2015	95.7
Feb 2015	95.6
Jan 2015	95.5
Dec 2014	95.5
Nov 2014	95.5
Oct 2014	95.4
Sep 2014	95.3
Aug 2014	95.2
Jul 2014	94.9
Jun 2014	94.9
May 2014	94.8
Apr 2014	94.7
Mar 2014	94.5
Feb 2014	94.4
Jan 2014	94.1
Dec 2013	93.9
Nov 2013	93.9
Oct 2013	93.8
Sep 2013	93.8
Aug 2013	93.7
Jul 2013	93.6
Jun 2013	93.5
May 2013	93.4
Apr 2013	93.2
Mar 2013	93
Feb 2013	93
Jan 2013	92.8
Dec 2012	92.7
Nov 2012	92.6
Oct 2012	92.5
Sep 2012	92.3
Aug 2012	92.1
Jul 2012	92
Jun 2012	91.9
May 2012	91.7
Apr 2012	91.5
Mar 2012	91.3
Feb 2012	91
Jan 2012	90.8
Dec 2011	90.7
Nov 2011	90.6
Oct 2011	90.3
Sep 2011	90.1
Aug 2011	90
Jul 2011	89.9
Jun 2011	89.8
May 2011	89.6
Apr 2011	89.2
Mar 2011	89
Feb 2011	89
Jan 2011	88.6
Dec 2010	88.4
Nov 2010	88.4
Oct 2010	88.2
Sep 2010	88.1
Aug 2010	88
Jul 2010	87.9
Jun 2010	88
May 2010	87.9
Apr 2010	87.6
Mar 2010	87.4
Feb 2010	87.1
Jan 2010	87.1
Dec 2009	86.7
Nov 2009	86.4
Oct 2009	86.1
Sep 2009	85.9
Aug 2009	85.5
Jul 2009	85.4
Jun 2009	85.2
May 2009	85.4
Apr 2009	85.5
Mar 2009	86
Feb 2009	86.4
Jan 2009	87
Dec 2008	87.5
Nov 2008	87.7
Oct 2008	87.9
Sep 2008	88.3
Aug 2008	88.2
Jul 2008	88.2
Jun 2008	88.2
May 2008	88.1
Apr 2008	88.1
Mar 2008	88.1
Feb 2008	87.9
Jan 2008	87.6
Dec 2007	87.1
Nov 2007	87
Oct 2007	86.6
Sep 2007	86.5
Aug 2007	86.3
Jul 2007	85.9
Jun 2007	85.1
May 2007	84.6
Apr 2007	83.7
Mar 2007	83
Feb 2007	82.7
Jan 2007	82.3
Dec 2006	82
Nov 2006	82
Oct 2006	81.6
Sep 2006	81.4
Aug 2006	81
Jul 2006	79.8
Jun 2006	79
May 2006	77.8
Apr 2006	76.9
Mar 2006	76
Feb 2006	75.2
Jan 2006	74.7
Dec 2005	74.1
Nov 2005	73.6
Oct 2005	73.2
Sep 2005	72.7
Aug 2005	72.3
Jul 2005	72
Jun 2005	71.9
May 2005	71.3
Apr 2005	71
Mar 2005	70.6
Feb 2005	70.3
Jan 2005	70.1
Dec 2004	69.9
Nov 2004	69.8
Oct 2004	69.5
Sep 2004	69.3
Aug 2004	69.1
Jul 2004	68.8
Jun 2004	68.7
May 2004	68.2
Apr 2004	67.7
Mar 2004	67.2
Feb 2004	66.9
Jan 2004	66.7
Dec 2003	66.5
Nov 2003	66.3
Oct 2003	65.8
Sep 2003	65.5
Aug 2003	65.2
Jul 2003	64.9
Jun 2003	64.7
May 2003	64.5
Apr 2003	64.1
Mar 2003	63.9
Feb 2003	63.8
Jan 2003	63.4
Dec 2002	63.3
Nov 2002	63.1
Oct 2002	62.7
Sep 2002	62.4
Aug 2002	62.3
Jul 2002	62
Jun 2002	61.9
May 2002	61.8
Apr 2002	61.4
Mar 2002	61
Feb 2002	60.8
Jan 2002	60.4
Dec 2001	60.2
Nov 2001	60.1
Oct 2001	59.9
Sep 2001	59.9
Aug 2001	59.7
Jul 2001	59.6
Jun 2001	59.5
May 2001	59.3
Apr 2001	59.2
Mar 2001	59
Feb 2001	58.8
Jan 2001	58.7
Dec 2000	58.6
Nov 2000	58.5
Oct 2000	58.3
Sep 2000	58.2
Aug 2000	58.1
Jul 2000	57.9
Jun 2000	57.8
May 2000	57.8
Apr 2000	57.6
Mar 2000	57.5
Feb 2000	57.4
Jan 2000	57.2
Dec 1999	57.2
Nov 1999	57.1
Oct 1999	56.9
Sep 1999	56.8
Aug 1999	56.7
Jul 1999	56.5
Jun 1999	56.4
May 1999	56.4
Apr 1999	56.4
Mar 1999	56.4
Feb 1999	56.3
Jan 1999	56.3
Dec 1998	56.3
Nov 1998	56.2
Oct 1998	56.2
Sep 1998	56.2
Aug 1998	56.2
Jul 1998	56.2
Jun 1998	56.2
May 1998	56.1
Apr 1998	56
Mar 1998	56
Feb 1998	56
Jan 1998	56
Dec 1997	55.9
Nov 1997	55.8
Oct 1997	55.6
Sep 1997	55.6
Aug 1997	55.6
Jul 1997	55.6
Jun 1997	55.6
May 1997	55.6
Apr 1997	55.5
Mar 1997	55.5
Feb 1997	55.4
Jan 1997	55.3
Dec 1996	55.2
Nov 1996	55.2
Oct 1996	55
Sep 1996	55
Aug 1996	55
Jul 1996	55
Jun 1996	55.1
May 1996	55
Apr 1996	55.1
Mar 1996	55.3
Feb 1996	55.4
Jan 1996	55.6
Dec 1995	55.7
Nov 1995	55.6
Oct 1995	55.9
Sep 1995	56.2
Aug 1995	56.2
Jul 1995	56.2
Jun 1995	56.3
May 1995	56.4
Apr 1995	56.5
Mar 1995	56.6
Feb 1995	56.7
Jan 1995	56.8
Dec 1994	56.8
Nov 1994	56.8
Oct 1994	56.9
Sep 1994	57
Aug 1994	57
Jul 1994	56.9
Jun 1994	57
May 1994	56.9
Apr 1994	56.9
Mar 1994	56.9
Feb 1994	56.9
Jan 1994	57
Dec 1993	56.9
Nov 1993	57
Oct 1993	57
Sep 1993	57.1
Aug 1993	57.1
Jul 1993	57
Jun 1993	56.9
May 1993	56.8
Apr 1993	57
Mar 1993	56.7
Feb 1993	56.4
Jan 1993	56.2
Dec 1992	56.3
Nov 1992	56.3
Oct 1992	56.3
Sep 1992	56.2
Aug 1992	56.3
Jul 1992	56.3
Jun 1992	56.2
May 1992	56
Apr 1992	56
Mar 1992	55.9
Feb 1992	55.8
Jan 1992	55.8
Dec 1991	55.9
Nov 1991	55.9
Oct 1991	56.2
Sep 1991	56.2
Aug 1991	56.2
Jul 1991	56.3
Jun 1991	56.2
May 1991	56.2
Apr 1991	55.8
Mar 1991	56
Feb 1991	55.8
Jan 1991	56.9
Dec 1990	57.8
Nov 1990	58
Oct 1990	58.6
Sep 1990	59
Aug 1990	59.8
Jul 1990	60.4
Jun 1990	60.8
May 1990	61.5
Apr 1990	61.8
Mar 1990	61.9
Feb 1990	61.8
Jan 1990	61.7
Dec 1989	61.1
Nov 1989	60.8
Oct 1989	60.4
Sep 1989	60.1
Aug 1989	59.8
Jul 1989	59.8
Jun 1989	59.6
May 1989	59.3
Apr 1989	59.1
Mar 1989	58.6
Feb 1989	57.7
Jan 1989	56.3
Dec 1988	55.8
Nov 1988	55
Oct 1988	54.3
Sep 1988	53.9
Aug 1988	53
Jul 1988	52.5
Jun 1988	52.3
May 1988	51.9
Apr 1988	51.2
Mar 1988	50.3
Feb 1988	49.8
Jan 1988	49.3
Dec 1987	49.1
Nov 1987	49.1
Oct 1987	48.9
Sep 1987	48.7
Aug 1987	48.2
Jul 1987	48
Jun 1987	47.7
May 1987	47.5
Apr 1987	47.1
Mar 1987	46.6
Feb 1987	45.2
Jan 1987	44.4
Dec 1986	44
Nov 1986	43.8
Oct 1986	43.2
Sep 1986	42.8
Aug 1986	42
Jul 1986	41.6
Jun 1986	41.3
May 1986	41.1
Apr 1986	40.8
Mar 1986	40.6
Feb 1986	40.3
Jan 1986	39.8
Dec 1985	39.3
Nov 1985	39.2
Oct 1985	38.9
Sep 1985	38.8
Aug 1985	38.5
Jul 1985	38.4
Jun 1985	38.3
May 1985	38.1
Apr 1985	38.1
Mar 1985	38.1
Feb 1985	38
Jan 1985	38
Dec 1984	37.9
Nov 1984	37.8
Oct 1984	37.9
Sep 1984	37.9
Aug 1984	38
Jul 1984	38.1
Jun 1984	38.1
May 1984	38.2
Apr 1984	38.2
Mar 1984	38.1
Feb 1984	38
Jan 1984	38
Dec 1983	37.9
Nov 1983	38
Oct 1983	37.9
Sep 1983	38
Aug 1983	38
Jul 1983	37.8
Jun 1983	37.8
May 1983	37.7
Apr 1983	37.8
Mar 1983	37.8
Feb 1983	37.9
Jan 1983	37.9
Dec 1982	37.9
Nov 1982	38
Oct 1982	38.3
Sep 1982	38.4
Aug 1982	38.8
Jul 1982	39
Jun 1982	39.3
May 1982	39.6
Apr 1982	39.9
Mar 1982	40.1
Feb 1982	40.3
Jan 1982	40.3
Dec 1981	40.3
Nov 1981	40.2
Oct 1981	40.3
Sep 1981	40.4
Aug 1981	40.6
Jul 1981	40.8
Jun 1981	40.8
May 1981	40.6
Apr 1981	39.9
Mar 1981	39.3
Feb 1981	38.7
Jan 1981	38.2

Canada - New Housing Price Index : Definition

The Canada new housing price index from Statistics Canada tracks price changes for newly built residential units. It uses a 2016 base year equaling 100 points. The index is calculated from surveys of builders, reflecting changes in costs for materials, labour and land. It provides data for different dwelling types and major Canadian cities.

Canada - New Housing Price Index

Monthly Historical Data (1981-2025)

Related Indicators