Canada April home prices rise 5.2 percent year-on-year

Fri May 25, 2012 9:44am EDT
 
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TORONTO (Reuters) - Canadian home prices climbed 5.2 percent in April from a year earlier, boosted by strong gains in the Toronto market, as well as increases in Vancouver and Calgary, the Canadian Real Estate Association said on Friday.

The rise in the industry group's home price index for April, compared with a 5.1 percent year-on-year gain in March.

(Reporting by Jeffrey Hodgson; Editing by Peter Galloway)