Data / Canada's Housing Market

Canada's Housing Market

The New Housing Price Index (NHPI) measures the change in selling prices of new residential houses over time. Base 100 = December 2016 — a value of 150 means prices are 50% higher than in December 2016. It covers 27 census metropolitan areas (CMAs) and is published monthly by Statistics Canada. Combined with household income data, it tracks affordability trends across Canada's major cities over 15+ years.

Source

Statistics Canada — Open Government Portal

Frequency

Monthly

Coverage

2007 – present

Columns

6

Stories

Schema

temporal

ref_date

date

Reference month (YYYY-MM)

geography

geo

string

Census Metropolitan Area (CMA) or national aggregate

price

nhpi_total

number

New Housing Price Index — total (base 100 = Dec 2016)

nhpi_house

number

NHPI — house component (land + structure)

nhpi_land

number

NHPI — land component

affordability

income_median

number

Median household income — used to derive price-to-income ratio (annual, interpolated monthly)

Source

Statistics Canada — Open Government Portal