Canada New Housing Price Index m/m

Country:
Canada
CAD, Canadian dollar
Sector:
Housing
Medium 0.0% 0.1%
0.0%
Last release Importance Actual Forecast
Previous
0.1%
0.0%
Next release Actual Forecast
Previous
  • Overview
  • Chart
  • History
  • Widget

Canada New Housing Price Index (NHPI) m/m measures a change in selling prices of new houses in the reported month compared to the previous one. Detailed specifications pertaining to each house should remain the same between two consecutive periods (i.e. the calculation excludes housing units, the state of which has changed between two consecutive data series).

The index is calculated based on results of a monthly survey of construction companies. The survey coverage includes single homes and townhouses. The survey collects prices for the total house, as well as land and structure components. House prices include the provincial value added taxes on materials when applicable. However, the federal goods and services tax and the harmonized sales tax are excluded.

The readings are used in the calculation of some elements of the Consumer Price Index. The Canada's System of Macroeconomic Accounts uses the NHPI for deflating the value of the national housing stock.

The index is of particular interest to the real estate industry for comparison with the resale market. The presented information is strictly structured on the geographical bases (by 27 metropolitan areas, which present all provinces of Canada) and is sensitive to demand and supply changes. The index is considered to be a leading indicator of the resale housing market (apartments purchased for resale will be available in the secondary market at a higher price than offered by a constructor).

The index growth indicates an increase in the real estate market activity level. It may affect CAD quotes positively.

Last values:

actual data

forecast

The chart of the entire available history of the "Canada New Housing Price Index m/m" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Sep 2018
0.0%
0.1%
0.0%
Aug 2018
0.0%
0.1%
0.1%
Jul 2018
0.1%
0.1%
0.1%
Jun 2018
0.1%
0.0%
0.0%
May 2018
0.0%
-0.1%
0.0%
Apr 2018
0.0%
0.0%
0.0%
Mar 2018
0.0%
0.1%
-0.2%
Feb 2018
-0.2%
0.3%
0.0%
Jan 2018
0.0%
0.3%
0.0%
Dec 2017
0.0%
0.3%
0.1%
Nov 2017
0.1%
0.3%
0.1%
Oct 2017
0.1%
0.3%
0.2%
Sep 2017
0.2%
0.3%
0.1%
Aug 2017
0.1%
0.8%
0.4%
Jul 2017
0.4%
1.0%
0.2%
Jun 2017
0.2%
0.7%
May 2017
0.7%
0.8%
Apr 2017
0.8%
0.2%
Mar 2017
0.2%
0.4%
Feb 2017
0.4%
0.1%
Jan 2017
0.1%
0.1%
Dec 2016
0.1%
0.2%
Nov 2016
0.2%
0.4%
Oct 2016
0.4%
0.2%
Sep 2016
0.2%
0.2%
Aug 2016
0.2%
0.4%
Jul 2016
0.4%
0.1%
Jun 2016
0.1%
0.7%
May 2016
0.7%
0.3%
Apr 2016
0.3%
0.2%
Mar 2016
0.2%
0.2%
Feb 2016
0.2%
0.1%
Jan 2016
0.1%
0.1%
Dec 2015
0.1%
0.2%
Nov 2015
0.2%
0.3%
Oct 2015
0.3%
0.1%
Sep 2015
0.1%
0.3%
Aug 2015
0.3%
0.1%
Jul 2015
0.1%
0.3%
Jun 2015
0.3%
0.2%
May 2015
0.2%
0.1%
Apr 2015
0.1%
0.0%
Mar 2015
0.0%
0.2%
Feb 2015
0.2%
-0.1%
Jan 2015
-0.1%
0.1%
Dec 2014
0.1%
0.1%
Nov 2014
0.1%
0.1%
Oct 2014
0.1%
0.1%
Sep 2014
0.1%
0.3%
Aug 2014
0.3%
0.0%

Economic calendar widget for your website

Create your own calendar of economic events. To do this, simply specify its size and display period. You can freely use this widget on your websites. In return, we ask you to keep the provided code unchanged.

The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.

Display area

Widget type

Display information

Default calendar period

Widget language

Your embed code

Copy widget codeCopied

Preview