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Canada new home prices up less-than-expected in June amid Toronto slowdown

11 Aug 2017 11:51 | Manjot Cheema (Administrator)

OTTAWA  - New housing prices in Canada rose less than expected in June as Toronto paused for the first time in six months following provincial government measures to rein in the hot market, data from Statistics Canada showed on Thursday.

National prices rose 0.2 per cent from the month before, short of analysts' forecasts for a gain of 0.4 per cent. The new housing price index excludes apartments and condominiums.Read More


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