November 2015 Canadian Teranet National Bank House price index data

  • Prior +0.1%
  • 6.1% vs 5.5% exp y/y. Prior 5.6%

New finance minister Morneau announced that they would be raising the down payment on properties over C$500k last week. That doesn't come into effect until Feb but it may cause some front running in house purchases to get in before the change