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Tag: Canadian New House Price Index

Canada

Canadian New Home Prices Stall, Stat Can Makes Baseless Bullish Price Forecast

January 24, 2023

Canadian real estate’s slowdown is finally beginning to show up in new home prices. Statistics Canada (Stat Can) published the December update to its New Housing Price Index (NHPI). The data shows prices stalled and annual growth made its ninth consecutive deceleration. However, the biggest takeaway was the release—with the agency forecasting price growth without […]

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