Tag: Canadian NHPI

Canada

Canadian House Costs Outpace Land, Only 2nd Time In Recorded History

November 26, 2025

Canadian new home prices have largely resisted a correction, but they may be ready to give in. Statistics Canada’s (StatCan) New Housing Price Index (NHPI) shows an unusually sharp drop in October—the largest since 2009. But the bigger story is buried in the data: a rare shift in the relationship between land and house prices […]

Canada

Canadian New Home Price Growth Is Slowing After Hitting The Highest Rate Since 1989

November 20, 2021

Canadian new home prices are growing at one of the fastest rates in history but they’ve begun to slow. The Statistics Canada (Stat Can) New Housing Price Index (NHPI) shows huge annual growth in October. Not quite as obvious, the growth has fallen from the August peak, which had been the largest since 1989. The […]