Canadian home prices rise 0.6 pct in February from January

Mon Mar 14, 2016 8:30am EDT
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TORONTO, March 14 (Reuters) - Canadian home prices rose in February from a month earlier, and were well up from the year before, 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 0.6 percent last month from January. Prices were up 6.5 percent from a year earlier. (Reporting by Jeffrey Hodgson)