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Housing Market Insider
Indicator

New home price change (12 months)

12-month percentage change in the new housing price index.

New homes only; not a resale price measure.

New housing price index, Canada. Latest: 120.2 (Sep 1, 2026)
New home price change (12 months) by metro (Sep 2026)

Canada

Geography12-month changeReference period
Canada −2.0%Sep 2026

Provinces

Geography12-month changeReference period
Manitoba Man.+2.1%Sep 2026
Quebec Que.+1.3%Sep 2026
Saskatchewan Sask.+1.1%Sep 2026
Nova Scotia N.S.+0.6%Sep 2026
Prince Edward Island P.E.I.0.0%Sep 2026
New Brunswick N.B.−0.4%Sep 2026
Alberta Alta.−0.4%Sep 2026
Newfoundland and Labrador N.L.−1.2%Sep 2026
British Columbia B.C.−2.3%Sep 2026
Ontario Ont.−3.4%Sep 2026

Metros

Geography12-month changeReference period
Trois-Rivières Que.+3.0%Sep 2026
Winnipeg Man.+2.1%Sep 2026
Québec City Que.+1.9%Sep 2026
Regina Sask.+1.5%Sep 2026
Montréal Que.+1.2%Sep 2026
Sherbrooke Que.+1.2%Sep 2026
Saskatoon Sask.+1.1%Sep 2026
Ottawa–Gatineau Ont.+1.0%Sep 2026
Halifax N.S.+0.6%Sep 2026
Calgary Alta.0.0%Sep 2026
Windsor Ont.−0.5%Sep 2026
Edmonton Alta.−0.8%Sep 2026
St. John's N.L.−1.2%Sep 2026
London Ont.−1.9%Sep 2026
Kitchener–Cambridge–Waterloo Ont.−2.0%Sep 2026
Vancouver B.C.−2.1%Sep 2026
Victoria B.C.−2.5%Sep 2026
St. Catharines–Niagara Ont.−2.8%Sep 2026
Kelowna B.C.−4.0%Sep 2026
Hamilton Ont.−4.0%Sep 2026
Oshawa Ont.−4.9%Sep 2026
Toronto Ont.−4.9%Sep 2026

Understanding this indicator

What it is
The 12-month percentage change in Statistics Canada's New Housing Price Index: how much builders' prices for comparable new houses changed over the past year.
How it's measured
We compare the latest monthly index value with the value for the same month a year earlier: (latest ÷ year-ago − 1) × 100.
How to read it
  • Positive means new-home prices are higher than a year ago; negative means lower.
  • Year-over-year changes avoid seasonal swings that affect month-to-month comparisons.
Limitations
  • Covers new single-family, semi-detached and townhouses only, not resale or condos.

Sources

Geographies without a current published figure are left out rather than estimated. Methodology