Resale home prices rise for seventh straight month

Financial Post- Canadian home resale prices rose for a seventh straight month in November on gains in all six major metropolitan markets surveyed, a report released on Wednesday says.

The Teranet-National Bank composite house price index, which measures price changes for repeat sales of single-family homes, showed overall prices were up 0.8% in November from October.

Vancouver led the gains, rising 1.9%, the only market to exceed the national average. Without Vancouver, the composite index would have been up 0.5%, the report said. Toronto and Calgary both recorded gains of 0.6% in November, followed by 0.4% increases in each of Halifax and Ottawa. Montreal posted the smallest rise, up 0.1%…

Resale home prices rise for seventh straight month

Home prices see first annual rise in 10 months

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…

Home prices see first annual rise in 10 months

Housing market ‘correction is behind us’: price index

Times Colonist-OTTAWA — Home prices in Canada rose 1.6% in July, the third straight monthly increase after eight consecutive declines, according to the Teranet-National Bank house price index…

Housing market ‘correction is behind us’: price index

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