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Canada new housing pricing data for May 0.1% versus -0.1% last month

Prior month -0.1%The national index for new home prices in Canada increased by 0.1% month over month in May, marking the first increase since August 2022.Prices were up in 6 out of the 27 census metropolitan areas (CMAs) surveyed, down in 8 CMAs, and unchanged in the remaining 13 CMAs.Builders cited increased construction costs as the reason for the price growth in the Québec, Calgary, and Kelowna CMAs, which saw the largest month-over-month increases.Sudbury and Sherbrooke reported the largest... Read More

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Posted: Jun 21 2023, 12:30

Author Name: forexlive

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