Home prices see first annual rise in 10 months
Filed Under Main Content · Tagged: 10 Months, House Price, Lows, National Bank, Price Index, Real Estate Market, Resale Homes, Resale Prices, S Real Estate, Teranet, Vancouver Sun
Vancouver Sun- Resale prices for Canadian homes rose for a sixth consecutive month in October — and were up on an annual basis for the first time in nearly a year — as the country’s real estate market continued to recover from recessionary lows, according to a report released Wednesday.
The Teranet-National Bank resale house price index of major markets increased 1.27% during the month from September. Year-over-year, prices were up 0.57% — marking the first rise in 10 months…
