PORTLAND, OR , Feb. 7, 2013 (RISI) -
Canada's New Housing Price Index (NHPI) rose 0.2% in December, following a 0.1% increase in November, Statistics Canada reported.
The combined metropolitan region of Toronto and Oshawa, as well as the region of Calgary, were the top contributors to the advance. Builders indicated that market conditions were the primary reason for higher prices in Toronto and Oshawa, while increased material and labor costs contributed to higher prices in Calgary.
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