December 14, 2015 / 1:56 PM / 2 years ago

Canada home prices rise in November from October, up 6.1 percent on year

Realtors' signs are hung outside a newly sold property in a Vancouver neighbourhood September 9, 2014. REUTERS/Julie Gordon

TORONTO (Reuters) - Canadian home prices rose in November 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 0.2 percent last month from October. Prices were up 6.1 percent from a year earlier.

Reporting by Andrea Hopkins

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