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New housing prices in Canada rose 0.3% month-on-month in February 2026, following a 0.4% decline in January. This increase exceeded expectations for a 0.3% decrease and marked the first monthly rise in a year. The house-only index climbed 0.3%, recovering from a 0.6% drop in the previous month. The land-only component also advanced 0.3%, after remaining unchanged in January. On an annual basis, new housing prices were down 2.1%, easing from a 2.3% decline previously.
