Canada New Housing Price Index (MoM) registered at -0.4%, below expectations (0.1%) in April

May 21, 2025

Loonie strengthens for third day as core inflation rises, US Dollar stumbles

The Canadian Dollar (CAD) strengthens further against the US Dollar (USD) on Wednesday, marking a three-day rally, with USD/CAD slipping below 1.3900 as markets digest stronger-than-expected Canadian inflation figures and a broadly subdued Greenback.

Canada New Housing Price Index (MoM) registered at -0.4%, below expectations (0.1%) in April

Loonie strengthens for third day as core inflation rises, US Dollar stumbles

Canada New Housing Price Index (YoY) fell from previous 0.1% to -0.6% in April