New Housing Price Index m/m - ForexCracked
Canada

New Housing Price Index m/m CAD

Medium impact Updated after every release
Next release Thu, Oct 22 12:30 UTC · consensus -0.1% · previous -0.1%  

What this release is

The New Housing Price Index for Canada measures changes in the selling prices of new residential houses, as reported by contractors. This monthly release, focusing on the housing sector, is published by Statistics Canada, the official source at statcan.gc.ca.

Forex traders monitor this index for insights into the health of the Canadian housing market and its potential impact on inflation. Significant shifts in new housing prices can influence the Bank of Canada’s monetary policy decisions, as the central bank considers economic conditions and price stability when setting interest rates. Expectations for interest rate changes can affect the Canadian dollar.

The market typically focuses on the headline month over month change in the index. Traders also consider any revisions to previous months’ data, which can provide a more complete picture of price trends. After past releases, market reactions have reflected these factors.

How hard it hits, measured

123 releases · own feed
Typical USDCAD move
10pips / 1h
Median absolute move in the hour after the release
Big-release move
17pips / 1h
Top-quarter releases move at least this much
Largest measured
162pips
Biggest one-hour reaction in our archive
Direction reliability
n/a
Unlocks after 8 live-captured releases with consensus. Measured, never estimated
Pair5 min15 min1 hourBig release (1h)
USDCAD4.1p4.6p10p17p
AUDCAD3.1p4.5p7.4p11p
CADCHF2.1p3.7p5.5p8.7p
CADJPY3.4p4.7p8.7p15p
EURCAD4.4p6.1p11p22p
GBPCAD5.9p8.7p15p27p
NZDCAD2.9p4.4p7.0p13p

How we measure: moves come from our own MT4 price feed and our archived minute bars, sampled 5, 15 and 60 minutes after each release against the pre-release price. No estimates, no third-party numbers. Releases where our feed had a gap are skipped, never guessed.

What usually happens

conditional history
Beat above consensus USDCAD closed the hour higher in 21 of 38 cases · median +2.5p n=38 live
Miss below consensus USDCAD closed the hour higher in 35 of 65 cases · median +2.6p n=65 live
In line within the surprise band Accumulating. Shows after 8 live-captured releases n=6 live

These are counts of what happened after past releases, conditional on the surprise direction. They are history, not a forecast, and never a trade recommendation. Sample sizes are shown because small samples mislead; rows stay locked until the sample is honest.

Release history

accumulates every release
DateActualForecastPreviousRevised toUSDCAD 1h
Sep 17, 2026-0.1%-0.1%-0.1%—+5.3p—
Aug 20, 2026-0.1%-0.2%-0.1%—-4.5p—
Jul 24, 2026-0.1%-0.3%-0.3%—+12p—
Jun 17, 2026-0.3%-0.1%-0.4%—+3.9p—
May 19, 2026-0.4%-0.2%-0.2%—+13p—
Apr 22, 2026-0.2%0%0.3%—+1.0p—
Mar 20, 20260.3%-0.2%-0.4%—+2.7p—
Feb 19, 2026-0.4%-0.2%-0.2%—+16p—
Jan 22, 2026-0.2%-0.2%0%—-1.1p—
Dec 19, 20250%-0.2%-0.4%—-8.1p—
Nov 21, 2025-0.4%-0.2%-0.2%—+11p—
Oct 24, 2025-0.2%0%-0.3%—-7.7p—
Sep 23, 2025-0.3%0%-0.1%—-6.3p—
Aug 20, 2025-0.1%0%-0.2%—+3.1p—
Jul 23, 2025-0.2%0%-0.2%—+17p—
Jun 20, 2025-0.2%-0.2%-0.4%—+4.9p—
May 21, 2025-0.4%0%0%—-19p—
Apr 23, 20250%0%0.1%—+8.2p—
Mar 21, 20250.1%0%-0.1%—+24p—
Feb 20, 2025-0.1%0%-0.1%—-6.2p—
Jan 24, 2025-0.1%0%0.1%—-4.2p—
Dec 17, 20240.1%-0.1%-0.4%—-4.6p—
Nov 22, 2024-0.4%0.1%0%—-18p—
Oct 25, 20240%0%0%—-3.8p—

Showing the latest 24 of 123 tracked releases.

Reaction = USDCAD move 60 minutes after the release, measured from our own price history. Story links appear for releases our news desk covered; every release gets a row here whether or not it gets a story. Values from before our live tracking began are the current figures in the official statistical series, so they include later revisions; live rows record the number as printed.

Market statistics, not financial advice. All reaction figures are measured from our own price feed under our published methodology.
← Back to the economic calendar