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Statistics Canada new-home price index

Compare new-home price trends across Canada.

Compare the same Statistics Canada index over 12 months or five years for two or three tracked markets. Resale context is available only for Canada, Ontario, Toronto, and Ottawa.

Choose your market

Choose a market
Time range
Change over this view-2.0 %Lower than the start of the period
New-home price index120.4December 2016 = 100Observed August 2026
Average resale price$668,219Up 0.6% from August 2025Observed August 2026
Months of inventory4.8Close to the 5.0-month long-term averageObserved August 2026
National context

New-home price direction

Monthly observations, August 2025 to August 2026.

This consistent Statistics Canada series helps compare direction over time. It tracks new homes, not the resale price of every home.

Canada new-home price direction, 12 monthsAugust 2025: 122.9. August 2026: 120.4.Aug 2025Aug 2026
View the data table
Canada new-home price direction
PeriodIndex valueSource
August 2025122.9Statistics Canada
September 2025122.7Statistics Canada
October 2025122.2Statistics Canada
November 2025122.2Statistics Canada
December 2025122.0Statistics Canada
January 2026121.5Statistics Canada
February 2026121.9Statistics Canada
March 2026121.6Statistics Canada
April 2026121.1Statistics Canada
May 2026120.7Statistics Canada
June 2026120.6Statistics Canada
July 2026120.5Statistics Canada
August 2026120.4Statistics Canada
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Side-by-side

Compare 2 or 3 new-home price trends.

Every result uses the same Statistics Canada index and selected period. Resale signals are labelled for context and are never used in the comparison math.

Markets to compare
New-home price index comparison, 12 months
MarketGeographic levelCoverageStarting indexLatest indexChange
CanadaNationalNew-home index + resale context122.9August 2025120.4August 2026-2.0 %
TorontoMetropolitan areaNew-home index + resale context110.8August 2025106.0August 2026-4.3 %
VancouverMetropolitan areaNew-home index only125.8August 2025122.6August 2026-2.5 %

Comparison source: Statistics Canada New Housing Price Index, total house and land, December 2016 = 100. Statistics Canada · Observed August 2026 · Retrieved Oct 6, 2026

Coverage in this release

National context

Trend series
New-home index: house and land
Available resale context
Average resale price; Months of inventory
Not included
Neighbourhood, price band, days on market, sales-to-new-listings ratio, and a complete property-type breakdown.

These omissions are explicit so a broad headline is not mistaken for a local valuation.

Three useful lenses

The same market can mean different things.

For buyers

National inventory remains close to its long-term average, while the new-home price index is lower than a year ago. Use this as context, then test the exact neighbourhood and property type you want.

Test my buying range

For sellers

A balanced national headline does not set your sale price. Recent local comparables, property condition, and competition in your price band matter more.

Estimate my sale proceeds

For watchers

August sales fell 0.7% from July while resale HPI was flat month to month and 3% below last year. Watch activity and prices separately.

Source trail

See exactly where the numbers came from.

The trend uses one comparable series. Regional resale signals appear where a current local source is available. Source dates are not mixed or hidden.

VerifiedStatistics Canada

New Housing Price Index, total house and land, December 2016 = 100. Table 18-10-0205-01.

Statistics Canada table 18-10-0205-01Observed August 2026 · Retrieved Oct 6, 2026Open sourceVerifiedCanadian Real Estate Association

National resale activity, prices, and inventory for August 2026.

CREA national monthly statistics: August 2026 releaseObserved August 2026 · Retrieved Oct 6, 2026Open sourceVerifiedBank of Canada

Target for the overnight rate. This is economic context, not a mortgage quote.

Bank of Canada key interest rate: target for the overnight rateObserved September 2026 · Retrieved Oct 6, 2026Open source

Market context is descriptive, not predictive. Neighbourhood, property type, condition, and price band can behave differently from these broad measures.

OFFICIAL LOCAL EVIDENCE

Open a market page you can verify

Each page combines four dated evidence layers: new-home prices, supply mix, the construction pipeline and the rental market.

Compare all markets
Census metropolitan areaVancouverConstruction observed 2026-08View data and sourcesCensus metropolitan areaCalgaryConstruction observed 2026-08View data and sourcesCensus metropolitan areaEdmontonConstruction observed 2026-08View data and sourcesCensus metropolitan areaMontréalConstruction observed 2026-08View data and sourcesCensus metropolitan areaOttawaConstruction observed 2026-08View data and sourcesCensus metropolitan areaTorontoConstruction observed 2026-08View data and sourcesCensus metropolitan areaHalifaxConstruction observed 2026-08View data and sources