Canada’s new housing price index climbs 0.1% in April

Market news

11 June 2015

Canada’s new housing price index climbs 0.1% in April

Statistics Canada released its new housing price index on Thursday. New housing price index in Canada rose 0.1% in April, in line with expectations, after a flat reading in March.

The increase was driven by gains in Toronto, Oshawa, Ontario and Vancouver.

On a yearly basis, new housing price index in Canada climbed 1.1% in April. It was the slowest pace since February 2010.

U.S.: Business inventories , April 0.4% (forecast 0.2%)

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