Canada May new housing price index 0.0% vs +0.1% m/m expected
Latest data released by Statistics Canada - 12 July 2018
Slight miss in terms of housing data relative to estimates, but prices continue to rise albeit at a more moderate pace since the yearly estimate for the May reading here isn't as solid as the one seen back in March as the housing market continues to cool off.
- Prior 0.0%
- New housing price index +0.9% vs +1.0% y/y expected
- Prior +1.6%