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Canadian home prices rise in Feb, boosted by Vancouver

Published 2016-03-14, 08:30 a/m
© Reuters.  Canadian home prices rise in Feb, boosted by Vancouver

OTTAWA, March 14 (Reuters) - Canadian home prices rose last
month, the largest increase in the month of February since the
recession, boosted by a robust Vancouver market, data from 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 gained 0.6
percent in February from January. Prices were up 6.5 percent
compared to a year earlier.

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