New housing prices in Canada rose 0.3% month-on-month in February 2026, after a 0.4% decline in January, beating forecasts of a 0.3% decrease and marking the first price rise in a year. The house-only index increased 0.3%, rebounding from the previous month’s 0.6% fall. Meanwhile, the land-only component also rose 0.3%, following a flat reading in January. On an annual basis, new housing prices declined 2.1%, compared with a 2.3% drop previously.