CA NHPI m/m

Track the CA NHPI m/m to gauge Canada's housing market health and investment appeal.

Overview

This indicator provides insights into the housing sector's vitality, as increasing home prices attract investors and stimulate related activities.

What it Measures

The change in the selling price of newly built homes.

Usual Effect

An 'Actual' figure exceeding the 'Forecast' is favorable for the currency.

Source & Frequency

Statistics Canada (latest release) - https://www.statcan.gc.ca/en/ • Published monthly, approximately 22 days after the close of the previous month.

How Data is Derived

N/A

Also Known As

N/A

Acronym

New Housing Price Index (NHPI)