Home / Market Update / Canada’s New Housing Prices Rise in November

Canada’s New Housing Prices Rise in November

Canada’s New Housing Price Index showed that new home buyers saw prices rise by 0.6% in November.

New single-family house prices increased by 3.7% since the beginning of the pandemic in March, according to Statistics Canada.

On the national level, new house prices went up by 4.6% on an annual basis last month, showing the largest increase since April 2008.

Check Also

Where US Economy Stands Prior To Election Results

As voters prepare to choose the next president, the U.S. economy is, by most measures, …