Canada home prices rise in August from July, up 5.4 pct on year

Mon Sep 14, 2015 8:30am EDT
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TORONTO, Sept 14 (Reuters) - Canadian home prices rose in August from a month ago and a year earlier, the Teranet-National Bank Composite House Price Index showed on Monday

The index, which measures price changes for repeat sales of single-family homes, showed national home prices rose 1 percent last month from July. Prices were up 5.4 percent from a year earlier. (Reporting by Jeffrey Hodgson)