Canada Home Price Index Posts Record Growth in April
Reporting by Julie Gordon in Ottawa; Editing by Chizu Nomiyama - Teranet - 05/18/2022
OTTAWA (Reuters) - Canadian home price growth accelerated again in April, with annual price gains breaking the record set last year, index data showed on Wednesday.
The National Bank Composite House Price Index, which tracks repeat sales of single-family homes in major Canadian markets, rose 2.7% in April, up from a 2.1% gain in March. The data is not seasonally adjusted.