New Housing Price Index (MoM) in Canada decreased 0.2% in September, missing the 0.1% rise expected by markets. In August, Canada New Housing Price Index (MoM) had climbed 0.1%.
What is the Canada New Housing Price Index (MoM)?
The New Housing Price Index (NHPI) released by the Statistics Canada is a monthly series that measures changes over time in the contractors’ selling prices of new residential houses, where detailed specifications pertaining to each house remain the same between two consecutive periods. The growth rate of the housing market affects the CAD volatility. A high reading is seen as positive (or Bullish) for the CAD, whereas a low reading is seen as negative (or Bearish).
When is the next Canada New Housing Price Index (MoM) report released?
The next Canada New Housing Price Index (MoM) data will be published on November 21 at 13:30 GMT. For more information, check the Canada New Housing Price Index (MoM) entry in FXStreet Calendar.
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Canadian Dollar price today
The table below shows the percentage change of Canadian Dollar (CAD) against listed major currencies today. Canadian Dollar was the weakest against the Australian Dollar.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | 0.42% | 0.30% | 0.08% | -0.42% | 0.01% | 0.02% | 0.33% | |
| EUR | -0.42% | -0.12% | -0.35% | -0.85% | -0.40% | -0.41% | -0.10% | |
| GBP | -0.29% | 0.12% | -0.22% | -0.73% | -0.29% | -0.28% | 0.01% | |
| CAD | -0.09% | 0.33% | 0.22% | -0.52% | -0.07% | -0.06% | 0.23% | |
| AUD | 0.42% | 0.82% | 0.72% | 0.50% | 0.43% | 0.46% | 0.75% | |
| JPY | 0.00% | 0.42% | 0.30% | 0.08% | -0.44% | 0.02% | 0.32% | |
| NZD | -0.02% | 0.38% | 0.26% | 0.04% | -0.46% | -0.03% | 0.28% | |
| CHF | -0.32% | 0.11% | -0.03% | -0.24% | -0.74% | -0.30% | -0.31% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).
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- Source: https://www.fxstreet.com/news/canada-new-housing-price-index-mom-falls-02-in-september-202310241233
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