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Housing Market Insider
Insight

Canada Housing Market: Where the Indicators Stand

This is a snapshot of the latest official indicators, not a forecast. It updates automatically with each data release.

Updated 2026-11-12

New housing price index

120.2

−2.0% vs 12 months earlier

Sep 2026 · Statistics Canada

New homes only; not a resale price measure.

Housing starts (SAAR)

248,896units, annualized

−11.3% vs 12 months earlier

Sep 2026 · CMHC

Seasonally adjusted annual rate, not an actual monthly count.

Dwelling units permitted (last 12 months)

295,800units

−3.4% vs prior 12 months

Sep 2026 · Statistics Canada

Population

41,798,407persons

+0.5% vs one year earlier

Jul 1, 2026 · Statistics Canada

Prices

The new housing price index is 120.2 (Sep 2026), down 2.0% vs 12 months earlier. It measures builders' prices for comparable new homes.

Supply

Housing starts are running at 248,896 units, annualized (Sep 2026) (seasonally adjusted annual rate), down 11.3% vs 12 months earlier. Dwelling units in building permits over the past 12 months: 295,800 units (Sep 2026).

Demand and rates

Canada's population is 41,798,407 persons (Jul 1, 2026), up 0.5% vs one year earlier. The Bank of Canada's policy rate is 2.50% (Nov 11, 2026).

Sources

Informational only, not financial advice. Data as of the release snapshot generated 2026-11-12.