Canada’s new housing market showed no month-over-month momentum in July 2026, with the New Housing Price Index remaining unchanged at -0.1% compared with June. According to the latest data updated on 20 August 2026, price dynamics for newly built homes stayed flat on a month-over-month basis, mirroring June’s -0.1% reading.
The back-to-back -0.1% prints for June and July suggest that new home prices are essentially treading water, with no visible recovery in monthly price growth over the start of the summer. On a month-over-month comparison, July’s figure reflects the same pace of marginal decline seen in June, indicating continued softness in Canada’s new housing segment rather than a clear shift toward either renewed price growth or deeper price cuts.
