Investing.com - Financial Markets Worldwide

UPDATE 1-Canada new home prices edge up 0.1 percent in September

Published 2015-11-12, 08:35 a/m
© Reuters. UPDATE 1-Canada new home prices edge up 0.1 percent in September

(Adds details of release, background)
OTTAWA, Nov 12 (Reuters) - New home prices in Canada edged
up by 0.1 percent in September from August, pushed higher by
strength in the major regions of Toronto and Vancouver,
Statistics Canada said on Thursday.
Market analysts polled by Reuters had expected a 0.2 percent
increase. Compared with a year earlier, prices were up by 1.3
percent.
The Toronto and Oshawa region, which accounts for 28.8
percent of the Canadian market, posted a 0.2 percent gain.
Builders cited market conditions for what was the eighth
consecutive monthly gain in the region.
Prices in Vancouver rose by 0.4 percent, also on market
conditions.
Prices increased in nine of the 21 metropolitan areas, were
unchanged in eight and fell in four.
The new housing price index excludes apartments and
condominiums, which the government says are a particular cause
for concern and which account for one-third of new housing.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.