FX.co ★ Canada New Housing Prices Edge Down in July

Canada’s new housing prices declined by 0.1% month-on-month in July 2026, matching June’s rate of decrease and falling short of market expectations for no change. The drop remained the smallest since prices last rose in February, as both land prices (-0.2% vs. -0.4%) and house-only prices (-0.1% vs. -0.3%) continued to fall, though at a slower pace than in the previous month. On an annual basis, new housing prices were down 2.3%, unchanged from June.