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Canadian new housing price index rises 0.1% in November

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Investing.com -

Investing.com - Canadian new house prices rose less than expected in November, fuelling concerns over the health of the nation's real estate sector, official data showed on Thursday.

In a report, Statistics Canada said its new housing price index rose by a seasonally adjusted 0.1% in November, below forecasts for a 0.2% gain and following a 0.1% increase in October.

USD/CAD was trading at 1.1816 from around 1.1814 ahead of the release of the data.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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