New Housing Price Index (MoM)

The New Housing Price Index (NHPI) released by the Statistics Canada is a monthly series that measures changes over time in the contractors' selling prices of new residential houses, where detailed specifications pertaining to each house remain the same between two consecutive periods. The growth rate of the housing market affects the CAD volatility. A high reading is seen as positive (or Bullish) for the CAD, whereas a low reading is seen as negative (or Bearish).

Most recent - Friday 22 November 2024 13:30

Previous
0%
Revised
-
Forecast
0.1%
Actual
-0.4%

Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.

Next event - Thursday 19 December 2024 13:30

Previous
-
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for New Housing Price Index (MoM) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for New Housing Price Index (MoM) was -0.4% against a forecast of 0.1%.

Past events

Date
Forecast
Actual
Friday 22 November 2024 13:30
0.1%
-0.4%
Friday 25 October 2024 12:30
0.2%
0%
Monday 23 September 2024 12:30
0.1%
0%
Wednesday 21 August 2024 12:30
0%
0.2%
Wednesday 24 July 2024 12:30
0.1%
-0.2%
Thursday 20 June 2024 12:30
0.2%
0.2%
Thursday 23 May 2024 12:30
0.1%
0.2%
Monday 22 April 2024 12:30
0.1%
0%
Thursday 21 March 2024 12:30
-
0.1%
Wednesday 21 February 2024 13:30
-
-0.1%
Tuesday 23 January 2024 13:30
0%
0%
Monday 18 December 2023 13:30
-
-0.2%
Tuesday 21 November 2023 13:30
0%
0%
Tuesday 24 October 2023 12:30
0.1%
-0.2%
Thursday 21 September 2023 12:30
0%
0.1%
Monday 21 August 2023 12:30
0.1%
-0.1%
Friday 21 July 2023 12:30
0%
0.1%
Wednesday 21 June 2023 12:30
0%
0.1%
Thursday 18 May 2023 12:30
-0.1%
-0.1%
Monday 24 April 2023 12:30
-0.2%
0%
Wednesday 22 March 2023 12:30
-0.1%
-0.2%
Wednesday 22 February 2023 13:30
-0.1%
-0.2%
Monday 23 January 2023 13:30
-0.2%
0%
Friday 16 December 2022 13:30
-
-0.2%
Tuesday 22 November 2022 13:30
0%
-0.2%
Friday 21 October 2022 12:30
-
-0.1%
Thursday 22 September 2022 12:30
-
0.1%
Monday 22 August 2022 12:30
0.4%
0.1%
Thursday 21 July 2022 12:30
0.3%
0.2%
Tuesday 21 June 2022 12:30
0.8%
0.5%
Thursday 19 May 2022 12:30
0.6%
0.3%
Wednesday 20 April 2022 12:30
0.7%
1.2%
Friday 18 March 2022 12:30
-
1.1%
Friday 18 February 2022 13:30
0.5%
0.9%
Friday 21 January 2022 13:30
1.2%
0.2%
Wednesday 5 January 2022 13:30
1.4%
0.8%

Economic context

Recent economic data has been moderately bearish for CAD. Other recent announcements which may affect the market's interpretation of the next New Housing Price Index (MoM) result:

PreviousLatest
BoC Interest Rate DecisionBearish change3.75%3.25%
Ivey Purchasing Managers IndexBearish change52.249.7
Ivey Purchasing Managers Index s.aBullish change5252.3
Average Hourly Wages (YoY)Bearish change4.9%3.9%
Net Change in EmploymentBullish change14.5K50.5K
Unemployment RateBearish change6.5%6.8%
S&P Global Manufacturing PMIBullish change51.152
Gross Domestic Product (QoQ)Bearish change0.5%0.3%
Gross Domestic Product AnnualizedBearish change2.2%1%
Gross Domestic Product (MoM)Bullish change0%0.1%

About New Housing Price Index (MoM)

Country:Canada
Currency:CAD
Source:Statistics Canada
Category:Housing Market
Frequency:Monthly
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