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Canada resale home price index climbs in July

Posted by Arshad Rashed on Tuesday, October 5th, 2010 at 11:21am.

Canadian home resale prices rose for a 15th straight month in July but gains were the smallest in four months, hinting at a slackening of housing activity, according to a report on Wednesday.  The Teranet-National Bank Composite House Price Index, which measures price changes for repeat sales of single family homes in six metropolitan areas, showed overall prices were up 12.4 percent in July from a year earlier

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