The Traderszone Network

Published in TZ Latest News 13 September, 2017 by The TZ Newswire Staff

Teranet August Canada house price index +13.1% vs +14.2% y/y prior

Housing numbers from Teranet/National Bank
– Prior was +14.2%
– August prices vs +2.0% m/m prior
Note that this is a badly lagging indicator because it relies on data from closed sales, which are generally a few months after sale agreements.