FX.co ★ Canadian New Home Prices Fall for Third Month

In June 2025, new home prices in Canada experienced a 0.2% decline, marking the third consecutive month of decreases and falling short of market predictions for stability. The most significant monthly decrease was recorded in Greater Sudbury, with a drop of 0.9%, closely followed by Calgary at 0.8%. Builders in these areas noted a market slowdown, which provided buyers with increased bargaining power to secure lower prices. Conversely, Charlottetown recorded the most substantial price increase at 1.4%, with Victoria following at 0.7%.