New Home Prices Softer Than Expected

<br><br> OTTAWA — New home prices edged up 0.1% in December, according to Statistics Canada, with Winnipeg leading the gains. Economists had expected the federal agency’s new home price index to rise 0.2% in December, following a 0.3% advance in the previous month. The index showed a 1.1% gain in Winnipeg, as well as a 0.3% increase in Halifax and a 0.2% rise in Toronto and Oshawa. <br><br>