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Canadian home prices rise in October

Published November 15, 2016 Updated November 15, 2016 08:55pm

1 min

By Fawad Maqsood

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OTTAWA: Canadian home prices rose in October from a month earlier as prices continued to soar in Ontario, the most populous province, while Vancouver prices fell for the first time in almost two years, the Teranet-National Bank Composite House Price Index showed on Tuesday.

The index, which measures price changes for repeat sales of single-family homes, showed national home prices rose 0.3 percent last month from September. Prices were up 11.8 percent from a year earlier.

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