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Canada New Housing Price Index, August 2015
The New Housing Price Index (NHPI) rose 0.3% in August, largely a result of higher new home prices in Ontario. Chart 1 Chart 1 : New Housing Price Index New Housing Price Index Chart 1 : New Housing Price Index The combined region of Toronto and Oshawa was the top contributor to the increase, with prices up 0.6% over the previous month. Builders reported market conditions as the main reason for the gain. This marks the seventh straight month of price increases in that region. The census metropolitan area (CMA) of Hamilton recorded the largest price increase in August, up 0.8%. Builders cited market conditions as the ... (full story)