«The growth in royalty revenue exceeded our expectations,
reflecting the ongoing expansion of the fund's underlying network of Realtors, the surprising strength in
housing unit sales, and steady
average price appreciation across Canada,» says Philip Soper, president and chief executive.
The PNC Christmas
Price Index ® is similar to the U.S. Consumer
Price Index, which measures the changing
prices of goods and services like
housing, food, clothing, transportation and more that
reflect the spending habits of the
average American.