Canadian home prices rise 0.6% in November | Forexlive

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  • Composite Index up 0.6% m/m, accelerating from October’s 0.4%
  • Year-over-year increase of 2.4%, up from 1.4% in October
  • Prices have gained 2.2% since BoC’s first rate cut in June

Year-over-year standouts:

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  • Quebec City: +11.8%
  • Calgary: +9.8%
  • Montreal: +6.8%
  • Victoria: -1.3%
  • Toronto: -0.3%

This article was written by Adam Button at www.forexlive.com.

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