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New house prices up 0.2 per cent in April, Statistics Canada says

OTTAWA - Statistics Canada says its new housing price index rose 0.2 per cent in April, following identical increases in both February and March.

The agency says the combined metropolitan region of Toronto and Oshawa, Ont., was the top contributor to the increase and had the largest monthly price advance in April, as prices rose 0.7 per cent.

That is the largest monthly price increase for the region since November 2011.

New home prices in Calgary rose 0.6 per cent and were up 0.2 per cent in Hamilton, Winnipeg and the combined region of Saint John, N.B., Fredericton and Moncton, N.B.

Prices slipped in six metropolitan areas in April.

Prices were down 0.5 per cent in Regina and fell 0.3 per cent in Vancouver

The Canadian Press


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