New home prices in Canada increased by 0.1 percent month-over-month in December 2016, following a 0.2 percent gain in November and below market expectations of a 0.2 percent rise. Prices rose slightly in Calgary (0.2 percent) and Edmonton (0.1 percent), but were unchanged in the combined Toronto-Oshawa region, following 22 consecutive monthly price increases, and in Vancouver. Prices have risen at the national level for 21 straight months. Housing Index in Canada averaged 76.27 Index Points from 1981 until 2016, reaching an all time high of 117.50 Index Points in December of 2016 and a record low of 44.30 Index Points in May of 1983. In Canada, New Housing Price Index (NHPI) measures changes over time in the contractors’ selling prices of new residential houses, where specifications of each house remain the same between two consecutive periods.. This page provides – Canada New Housing Price Index – actual values, historical data, forecast, chart, statistics, economic calendar and news.