Canada’s new housing price index drops 0.1% in January, the first decline since July 2010

Noticias del mercado

12 marzo 2015

Canada’s new housing price index drops 0.1% in January, the first decline since July 2010

Statistics Canada released its new housing price index on Thursday. New housing price index in Canada fell 0.1% in January, missing expectations for a 0.2% gain, after a 0.1% increase in December. That was the first decline since July 2010.

The drop was driven by declines in the Toronto and Oshawa region where prices decreased 0.1% due to lower negotiated sales prices.

Prices fell in five of the 21 metropolitan areas, while five climbed. Prices were unchanged in 11 metropolitan areas.

Eurozone’s industrial production declines 0.1% in January

Bank of England Governor Mark Carney: a stronger pound and low global inflation could weigh on inflation in the U.K. for some time

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