Calcium bismuth niobate (CaBi2Nb2O9, CBN) is considered to be one of the most promising high-temperature piezoelectric materials owing to its high Curie temperature of ~940 ℃, however, its low electrical resistance and poor piezoelectric properties at elevated temperatures limit its applications at high temperatures. In this work, we report the significantly enhanced dc electrical resistivity and piezoelectric performance of CBN ceramics through rare-earth Nd-substitution. The crystal structure, microstructure, and dielectric, electrical, and piezoelectric properties of the Nd-modified CBN with nominal compositions of Ca1-xNdxBi2Nb2O9 (CBN-100xNd) have been investigated in detail. The results indicate that the substitution of Nd3+ ions for Ca2+ ions increases the piezoelectric properties, and reduces the dielectric loss tanδ at high temperatures. The dc and ac conduction mechanisms indicate that the conduction mechanism is closely related to oxygen vacancies that are reduced through the donor substitution of Nd3+ for Ca2+, thereby resulting in a significant improvement in the dc electrical resistivity. The optimal composition of CBN-3Nd exhibits a high piezoelectric constant d33 of 13.5 pC/N, and a high Curie temperature Tc of 948 °C. More importantly, the CBN-3Nd exhibits good thermal stability of the electrical properties (ρ=2.6 × 107·Ω cm at 500 °C and 1.8 × 106 Ω·cm at 600 °C, kp=6.17% at 500 °C), which demonstrates that the Nd-modified CBN ceramics are promising piezoelectric materials for use in high-temperature piezoelectric sensors.