According to the Teranet-National Bank Composite House Price Index, Canadian home prices increased 11.54 percent in October year-over-year, rose by 0.3 percent compared to the last month thanks to monthly gains in six of the eleven regions covered. In Vancouver, October saw the first monthly house price decline in 22 months. The drop was concentrated …
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Canadian home prices rise in May
Canad Canadian home prices increased in May from a month earlier, and were well up from the year before, according to the Teranet-National Bank Composite House Price Index. The index, which measures price changes for repeat sales of single-family homes, showed national home prices rose 1.8 percent last month from April. Prices were up 9 …