Canadian Sept new housing price index +1.3% y/y vs +1.3% y/y expected

Housing data from Statistics Canada:

• Prior was +1.3% y/y
• Prices higher by 0.1% m/m vs +0.2% expected
• Prior was +0.3% m/m

Canadian overall house prices are continuing to rise at a faster pace than new house price. the fresh supply at stable pricing could help to curb appreciation without sparking a correction.

In any case, this report isn't a factor for CAD today (oil is).