Canadian home prices rose 0.7 pct in July from June -Teranet

Wed Aug 14, 2013 9:03am EDT
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TORONTO Aug 14 (Reuters) - Canadian home prices rose in July from June to an all-time high, but the annual price increase remained subdued, the Teranet-National Bank Composite House Price Index showed on Wednesday.

The index, which measures price changes for repeat sales of single-family homes, showed overall prices rose 0.7 percent in July from a month earlier.

The index was up just 1.9 percent from a year earlier, a slight acceleration from June.