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Canadian home prices rose 0.6% in November


  • Relative index up 0.6% m/m, accelerating from 0.4% in October
  • A year-over-year increase of 2.4%, up from 1.4% in October
  • Prices have gained 2.2% since the BoC's first rate cut in June

Year-over-year standings:

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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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