• Canada’s new housing price index climbs 0.2% in February

Market news

14 April 2016

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

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

The increase was mainly driven by higher prices in Toronto and Vancouver. New home prices in Toronto and Oshawa region rose 0.4% in February, while prices in Vancouver climbed 0.8%.

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