In December 2025, new housing prices in Canada experienced a 0.2% month-on-month decline, aligning with market expectations, following a period of stability in the preceding month. Specifically, the house-only index decreased by 0.2%, in contrast to a 0.1% increase in November. Meanwhile, the land-only component saw a 0.1% reduction, maintaining the same rate as the previous month. On an annual basis, housing prices dropped by 2% in December, compared to a 1.9% decrease in the previous month.