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19.05.202612:30:00UTC+00Canadian New Housing Prices Extend Decline in April, Falling 0.4% Month-on-Month

Canada’s New Housing Price Index fell further into negative territory in April 2026, declining 0.4% month-on-month, according to data updated on 19 May 2026. The latest reading marks an acceleration from March 2026, when prices slipped 0.2% compared with February.

On a month-over-month basis, the “actual” April figure reflects a sharper pullback in new home prices relative to the previous month’s change. The “previous” comparison shows that March’s 0.2% drop was already signaling softness in the sector, but April’s 0.4% decline underscores growing downward pressure in Canada’s new housing market. Investors and policymakers will be watching upcoming releases closely for signs of whether this negative momentum deepens or begins to stabilize.

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