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Canada Housing June 2023

Canada: House prices pick up pace in June

According to the Teranet-National Bank House Price Index, house prices rose 2.6% month on month in June, following May’s 1.6% increase. Meanwhile, house prices decreased 5.1% annually in June, a weaker decline than the 7.6% fall seen in May.

Meanwhile, housing starts soared 40.7% in June from May.

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