Canada August new housing worth 0.0% vs +0.2% prior

• Prior was +0.2%
• Prices were unchanged in 13 of the 27 census metropolitan areas
• Prices increased in 8
• Prices declined in the remaining 6
• The index was unchanged on a year-over-year basis in August following a 0.1% increase in July

The Canadian housing market is wilting at the moment and it’s a race to see whether the Bank of Canada can save it.

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