Forex
globalreutersMay 17, 20241 Mins read
Canada April Teranet-National Bank house price index +5.65% y/y
globalreutersMay 17, 20241 Mins read - Prices up 5.65% y/y
- Prices still 3.71% below the May 2022 peak
- Prices up 0.01% m/m seasonally adjusted
- Prices +1.9% m/m non-seasonally adjusted
There was a burst of activity in April in the Canadian housing market but it seems to have cooled right down and there are still signs of strain in new builds and condos.
This article was written by Adam Button at www.forexlive.com.
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