FX & CFD trading involves significant risk
Statistics Canada released its new housing price index on Thursday. New housing price index in Canada rose 0.2% in February, exceeding expectations for a 0.1% gain, after a 0.1% decrease in January.
The increase was driven by gains in the Toronto and Oshawa region where prices rose 0.3% as some builders offered promotional packages.
Prices were unchanged in nine of the 21 metropolitan areas.
On a yearly basis, new housing price index in Canada climbed 1.4% in February, after a 1.4% increase in January.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.