Canada’s new housing price index climbs 0.2% in May

Market news

9 July 2015

Canada’s new housing price index climbs 0.2% in May

Statistics Canada released its new housing price index on Thursday. New housing price index in Canada rose 0.2% in May, exceeding expectations of a 0.1% gain, after a 0.1% rise in April.

The increase was driven by gains in Toronto.

On a yearly basis, new housing price index in Canada climbed 1.2% in May.

Bank of England keeps its interest rate on hold at 0.5% in July

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