Monday, December 14, 2009
- Canada's new home prices rise less than expected-calgary herald
OTTAWA -- Prices for new homes in Canada rose 0.3% in October after a 0.5% increase the previous month, Statistics Canada said Friday.
It was the fourth straight monthly gain in the federal agency’s new-home price index, although the increase was slightly below the 0.4% many economists had expected.
The biggest price increase was in Quebec City, up 1.1%, followed by Vancouver, up 0.7%.