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Study: The resilience and strength of the new housing market during the pandemic

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Released: 2020-10-05

Today, Statistics Canada is releasing the article "The resilience and strength of the new housing market during the pandemic."

This article examines the changes in new home prices in Canada for the 27 surveyed census metropolitan areas captured in the New Housing Price Index and compares the ranking of cities based on prices six months into the pandemic (August compared with February).

  Note to readers

A study titled "Price trends and outlook in key Canadian housing markets" looks at where the housing market was at the onset of the COVID-19 pandemic, sheds light on what has happened since then, and explores the challenges facing the market going forward.

The infographic "Impact of COVID-19 on Key Housing Markets," part of the series Statistics Canada – Infographics (Catalogue number11-627-M), is available. It provides an outlook of the housing market before, during and after COVID-19.

The interactive NHPI Dashboard, which allows users to visualize statistics on new housing prices, is available.

The Housing Market Indicators Dashboard, which provides access to key housing market indicators for Canada, by province and by census metropolitan area, is also available.

For more information on the topic of housing, visit the Housing Statistics Portal.

The video "Producer Price Indexes" is available on the Statistics Canada Training Institute webpage. It provides an introduction to Statistics Canada's Producer Price Indexes: what they are, how they are compiled and what they are used for.

Statistics Canada has launched the Producer price indexes portal as part of a suite of portals for prices and price indexes. This web page provides users with a single point of access to a wide variety of statistics and measures related to producer prices.

Products

The article "The resilience and strength of the new housing market during the pandemic," which is part of StatCan COVID-19: Data to Insights for a Better Canada (Catalogue number45280001), is now available.

Contact information

For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).

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