1 - 1 of 1

Friday, August 10, 2012 - New home prices continue to climb

The market for resale homes was weakening in many major Canadian cities leading up to the tightening of mortgage credit conditions by Ottawa. But when it comes to new home sales?the indicators continued to be relatively strong?a trend that continued through June.   According to Statistics Canada, the national New Home Price Index (NHPI) rose 2.3 per cent in June relative to the previous year. June?s increase was consistent with the post recession upward trend. In 2011, for instance, the average ... Full Article...
posted in General at Fri, 10 Aug 2012 14:42:35 -0600

1 - 1 of 1