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Canadian home prices rise 0.6% in November

Composite Index up 0.6% m/m, accelerating from October’s 0.4%Year-over-year increase of 2.4%, up from 1.4% in OctoberPrices have gained 2.2% since BoC’s first rate cut in June

Year-over-year standouts:

Quebec City: +11.8%Calgary: +9.8%Montreal: +6.8%Victoria: -1.3%Toronto: -0.3%

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

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