Government of Nova Scotia, Canada

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For additional information relating to this article, please contact:

Katherine RyanA/Director – Economics and Statistics
Tel: 902-424-2410Email: Katherine.Ryan@novascotia.ca

September 17, 2026
NEW HOUSING PRICE INDEX, AUGUST 2026

Monthly (August vs July 2026)

New housing prices in Nova Scotia were down 0.2% from July to August 2026, the fastest decline among provinces. Nationally the price of new houses edged down 0.1%, with declines in four provinces. The only gain was reported in Manitoba.

Year-over-year (August 2026 vs August 2025) 

Nova Scotia’s new housing prices increased 0.8% from August 2025 to August 2026. Nationally, prices were down 2.0%, and have been declining year-over-year since March 2025. 

New housing prices increased year-over-year in four provinces, led by Manitoba and Québec, while Ontario reported the fastest decline. 

Halifax new home prices increased 0.8% year-over-year in August 2026. Among Census Metropolitan Areas (CMAs), new housing prices were down year-over-year in thirteen CMAs, led by Oshawa and Toronto. Trois-Rivières reported the largest year-over-year gain.

Year-to-date (January-August 2026 vs January-August 2025)

In the first eight months of 2026, Nova Scotia new housing prices rose 1.7%. Nationally, new house prices declined 2.3%. Gains in six provinces (led by Québec, Saskatchewan, and Manitoba) were offset by declines in Ontario, Alberta and British Columbia. 

Halifax housing prices were up 1.7% in January-August 2026 compared to the same period a year ago. There were declines in prices for fourteen CMAs throughout Canada. Regina reported the fastest gain while Toronto posted the fastest decline in new house prices. 

Source: Statistics Canada. Table 18-10-0205-01 New housing price index, monthly



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