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23.09.202513:46:43UTC+00Canada New Housing Price Index Falls in August

In August 2025, new housing prices in Canada saw a 0.3% decline from the previous month, after a 0.1% decrease in July. This marks the fifth consecutive month of reductions, falling short of market predictions, which expected prices to remain stable. Additionally, the land price index experienced a 0.8% drop, building on a prior 0.2% decline. The index for house prices, excluding land, also fell by 0.3%, following a 0.1% decrease the month before.

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