0900 ET - Canada's Teranet-National Bank housing-price index declines on a month-over-month basis for the third consecutive time in March, or another data point indicating potential homebuyers are entrenched on the sidelines amid heightened economic uncertainty. The index falls 0.4% in March on a seasonally-adjusted basis, which National Bank says is a sharper decline relative to previous months. Since the time President Trump revealed his intention to slap 25% tariffs on all Canadian imports, home prices are down 0.7%. The decline is most pronounced in Canada's most populous province, Ontario, which is also the country's manufacturing and export hub. On a 12-month basis, prices are 2.3% higher. (Paul.Vieira@wsj.com; @paulvieira)
(END) Dow Jones Newswires
April 17, 2025 09:00 ET (13:00 GMT)
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