Investing.com - Canadian new house prices declined unexpectedly in January, fuelling concerns over the health of the nation's real estate sector, official data showed on Thursday.
In a report, Statistics Canada said its new housing price index dipped by a seasonally adjusted 0.1% in January, disappointing forecasts for a 0.2% gain and following a 0.1% increase in December.
USD/CAD was trading at 1.2627 from around 1.2662 ahead of the release of the data.