Canada home resale prices rise again in June
3 hours ago - Reuters

TORONTO (Reuters) - Canadian home resale prices rose in June for a third straight month across all six metropolitan areas surveyed, according to a report on Wednesday.

The Teranet - National Bank Composite House Price Index, which measures price changes for repeat sales of single-family homes, showed overall prices rose 1.5 percent in June from May, the largest monthly rise since last August.

Prices were up 13.6 percent from a year earlier, an identical gain to May's year-over-year advance.

The index tracks home prices over time for repeat sales, so properties with at least two sales are required in the calculations. The report did not provide actual prices.