Canadian housing data from Statistics Canada:
- Prior was +0.2%
- Prices up 1.6% y/y
- Prior y/y index was +1.6%
This is a lagging indicator. The prices of oil and commodities are the leading indicator on where Canadian housing is headed.
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Canadian Dec new housing price index +0.1% vs +0.2% exp
Canadian Dec new housing price index +0.1% vs +0.2% exp
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