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Teranet home price index falls in October


Canadian home resale prices slipped a second consecutive month, falling 0.4 percent in October from September, the Teranet-National Bank Composite House Price index showed on Wednesday.

Prices were up 6 percent from a year earlier.

The Teranet index measures price changes for repeat sales of single-family homes. It tracks home prices over time for repeat sales, so properties with at least two sales are required in the calculations. The report did not provide actual prices. CTV Two CTV News CTV News Channel BNN - Business News Network CP24