Canadian New Housing Price Index Slips in April
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Canada New House Prices Fall 0.4% in April
Canada New House Prices Fall 0.4% in April
The Statistics Canada New Housing Price Index declined 0.4% in April, after holding steady in March, Dow Jones reported (5-21-25).
Canada’s housing market has pulled back after showing signs of recovery late last year as consumers scaled back spending plans and businesses revise investment intentions amid heightened trade uncertainty and higher tariffs.
National home resales slipped 0.1% between March and April, and the number of new listings for properties fell 1.0%, according to the Canadian Real Estate Association.
Benchmark prices for existing homes, calculated in a similar fashion to that of the S&P CoreLogic Case-Shiller National Home Price Index, declined 1.2% for the months and fell 3.6% on a year-over-year basis.
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