New housing price index rose 0.1 per cent in May: Statistics Canada
OTTAWA - Statistics Canada says its new housing price index rose 0.1 per cent in May, following five months of gains.
The agency says the increase was largely the result of higher new home prices in the Prairie region.
The Calgary area, where prices rose 0.8 per cent, recorded the largest monthly price advance among the municipalities covered by the survey.
The combined region of Sudbury and Thunder Bay posted a price advance of 0.5 per cent in May.
New housing prices were down for the third consecutive month in Ottawaâ€“Gatineau and Vancouver.
Prices were unchanged in seven of the 21 metropolitan areas surveyed.
Read more Business News
- Family condemns RCMP BC
- Child pornography sentencePenticton / S. Okanagan
- Bobbitt hearing continuesPenticton / S. Okanagan
- Inquest into teen's Mill deathVernon / N. Okanagan
|QHR Technologies Inc||1.12||+0.01|
|Anavex Life Sciences||0.191||+0.001|
|Copper Mountain Mining||1.99||+0.05|
|Sunrise Resources Ltd||0.06||0.00|
|Mission Ready Services||0.45||0.00|
This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...
Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...
The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...