Canada: New Housing Price Index flat in November

FXstreet.com (Córdoba) - The New Housing Price Index (NHPI) was unchanged in November following a 0.1% advance in October, Statistics Canada reported Thursday. This reading missed expectations of a 0.1% increase.

On a year-over-year basis, the NHPI rose 1.4% in the 12 months to November. The pace of annual growth in new housing prices has been steadily slowing since August.