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typeContent_19130:::2025-11-21T13:54:54

Canada New Housing Prices Continue to Fall

In October 2025, new housing prices in Canada experienced a 0.4% month-over-month decline, marking the market's eighth straight month without a rise, following a 0.2% decrease in September. This trend underscores ongoing weakness in the housing sector. The land price index remained unchanged, whereas the housing-only component saw a 0.6% drop. In Ontario, prices fell marginally more than the previous month (-0.6% compared to -0.5%), while in Quebec, prices slowed to 0.3% from 1.1%.

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