Canada April new housing price index 0.0% vs +0.0% m/m expected

New home prices in April

• Prior was 0.0%
• New house prices +0.1% y/y vs +0.1% expected
• Prior was +0.1% y/y

There isn't a whole lot going on in the new-build sector. The Canadian dollar is moving with oil at the moment but the sensitivity is low. Higher tier economic data and the US-China trade war are dominant.