The New Housing Price Index (NHPI) MoM in Canada measures the monthly change in the price of new residential homes. It is a key indicator of housing market trends and reflects the demand and supply dynamics in the real estate sector. This index is important for the economy as it influences consumer spending, construction activity, and overall economic growth. In financial markets, significant changes in the NHPI can impact interest rate expectations and investor sentiment towards the housing sector.
The New Housing Price Index (NHPI) MoM in Canada measures the monthly change in the price of new residential homes. It is a key indicator of housing market trends and reflects the demand and supply dynamics in the real estate sector. This index is important for the economy as it influences consum...