New housing prices in Canada fell 0.2% month-over-month in September 2025, following a 0.3% drop in August and missing market expectations of a 0.2% increase. It was the sixth consecutive monthly decline, reflecting ongoing weakness in the housing market. The land price index edged down 0.1% after a 0.2% fall in the previous month, while the house price index excluding land decreased 0.2%, following a 0.4% drop in August.