• Canada’s new housing price index increased 0.1% in December

Market news

12 February 2015

Canada’s new housing price index increased 0.1% in December

Statistics Canada released its new housing price index on Thursday. New housing price index rose 0.1% in December, missing expectations for a 0.2% gain, after a 0.1% increase in November.

The increase was driven by gains in the Toronto region where prices rose 0.2%.

On a yearly basis, the index climbed to 1.7% in December.

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