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20 Feb 2020
Canada: Central and Eastern markets lead housing prices – NBF
Economists at the National Bank of Canada Financial Markets review the data related to the housing market of the North American country. USD/CAD is trading at 1.324.
Key quotes
“The Teranet–National Bank Composite National House Price IndexTM advanced 0.1% in January, a rather typical performance for that month.”
“From January 2019 to January 2020, the Composite index rose 2.1%.”
“The sub-index for Central and Eastern Canada grew 5.2% over the last 12 months, against a 2.5% fall for the Western sub-index.”