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Canada April Teranet-National Bank home value index +5.65% y/y

  • Prices up 5.65% y/y
  • Prices still 3.71% below the May 2022 peak
  • Prices up 0.01% m/m seasonally adjusted
  • Prices +1.9% m/m non-seasonally adjusted

There was a burst of activity in April in the Canadian housing market but it seems to have cooled right down and there are still signs of strain in new builds and condos.

This article was written by Adam Button at www.forexlive.com.

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