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Global Economy

Canadian New Housing Price Index MoM (Jun) M/M -0.1% vs. Exp. -0.2% (Prev. -0.3%)

StockNow breaking-news AI analysis

June's NHPI showed a smaller-than-expected decline of -0.1%, indicating a stabilizing Canadian housing market. This supports the Bank of Canada's decision to maintain rates at 2.25% amid recovering demand.

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