Canada new housing price index for August 0.0% versus 0.1% expected

Highlights for Canada new housing price index.

• New housing price index year on year 0.4% versus 0.5% expected
• Toronto region were unchanged on the month and down -1.2% year on year
• Vancouver fell -0.2% , up 1% year on year
• Calgary -0.4%, and down -0.8% year on year
• Montréal +0.4%, up 3.1% year on year
• Ottawa +0.6%, up 4.9% year on year
• The lowest year on year increase since 2010

The index cover single-family, semi detached in row houses. It doesn't include condominiums, which account for about two thirds of new urban residential construction.