New home prices for Canada went up by 0.3% from a month earlier in April of 2022, the least since December and down from a 1.2% increase in the prior month. Figures came below market forecasts of a 0.6% gain. Prices were up in 10 of the 27 census metropolitan areas surveyed, down in 1 and unchanged in the remainder. Regina led gains with a 1.7% increase, followed by Calgary (+1.6%). The sole decline this month occurred in Montréal (-0.4%). Year-on-year, new home prices advanced 16.4%, slowing from an 18.5% rise in March. source: Statistics Canada
House Price Index MoM in Canada averaged 0.24 percent from 1981 until 2022, reaching an all time high of 3.10 percent in March of 1987 and a record low of -1.90 percent in February of 1991. This page includes a chart with historical data for Canada House Price Index MoM. Canada New Housing Price Index MoM - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.