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Canada New House Prices Rise 0.1% in May : StatsCan
Canada New House Prices Rise 0.1% in May : StatsCan

Canada New House Prices Rise 0.1% in May : StatsCan

Statistics Canada says its new housing price index rose 0.1 per cent in May, following five months of gains.

The agency says the increase was largely the result of higher new home prices in the Prairie region.

The Calgary area, where prices rose 0.8%, recorded the largest monthly price advance among the municipalities covered by the survey.

The combined region of Sudbury and Thunder Bay posted a price advance of 0.5% in May.

New housing prices were down for the third consecutive month in Ottawa-Gatineau and Vancouver.

Prices were unchanged in seven of the 21 metropolitan areas surveyed.

Agencies/Canadajournal




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