Canada: New home prices to remain unchanged - TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities are looking for new home prices of Canada to remain unchanged in May, slightly below the market consensus for a 0.1% m/m increase.

Key Quotes

“This would be consistent with a deceleration to 0.9% from 1.6% on a year-ago basis, providing further evidence of fading shelter price inflation.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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