Canada New House Prices Steady in March

Canada New House Prices Steady in March

Canada New House Prices Steady in March

The FINANCIAL -- Canadian new house prices were flat in March following a 0.2% increase the previous month, according to Nasdaq.

On a 12-month basis, new house prices rose 1.2%, Statistics Canada said on May 14.

Once again, the greater Toronto area was a top contributor to the month-over-month gain, as prices in the region surrounding Canada's biggest city rose 0.4%.

Calgary prices were down the most--0.4%.