Canadian home prices fall for first time in a year: Teranet
December 16, 2014 by Adil Virani
Filed under Home Series, Latest News, Latest Rates, Mortgage FAQ, Recent News, Selling Your Home, Vancouver Mortgage Broker
TORONTO — Canadian home prices fell in November from a month earlier, their first monthly decline in a year, the Teranet-National Bank Composite House Price Index showed on Friday.
The index, which measures price changes for repeat sales of single-family homes, showed national home prices fell 0.3 per cent last month. Prices were still up 5.2 per cent from a year earlier.
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