Canada’s New Housing Price Index returned to positive territory in February 2026, signaling a modest rebound in new home prices after a decline at the start of the year.
According to data updated on 20 March 2026, the index rose 0.3% month-over-month in February, compared with a 0.4% month-over-month decline in January 2026. The figures are based on a comparison of each month’s change relative to the previous month, highlighting a shift from negative to positive price momentum in the new housing market.
The turnaround suggests that January’s weakness may have been short-lived, with February’s data pointing to renewed, if cautious, price growth in Canada’s new housing segment.
