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Random article: New Housing Price Index
New Housing Price Index (NHPI) – this economic indicator enables tracing change in prices for building new houses in Canada. NHPI reflects fluctuation dynamic of prices of transactions between contractor and purchaser in the moment of buying of a new house. The index helps to trace changes in price for similar houses. Prices submitted by vendors (or building companies) serve for measurement of this figure. Those market price do not account for taxes or prices for supplementary goods and services. Index publication has a limited impact on the market. Its growth is favorable for consolidation of national currency.
Popular article: Wholesale Inventories
By its nature, Wholesale inventories figure characterizes relationship between wholesale dealers and retailers, which had formed by that moment. Upon “overstocking” of wholesale warehouses, it is concluded about manifestation of stagnant factors in the economy. Evolving of this tendency can lead to certain consequences. Index publication is made monthly, on 10th, at 10:00 a.m EST (New York).
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