Canada Economics

Canada Economics

Canada Data Response

12 January, 2018

Teranet-National Bank House Prices (Dec.)

The small gain in national house prices in December, boosted largely by Vancouver, didn’t prevent a further slowdown in the rate of annual house price inflation to 9.1%, from 9.2%. The recent slump in home sales, increases in borrowing costs and tougher new mortgage rules will cause a further slowdown in 2018.

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