25 April 2012

February 2012 – Canadian housing market is cooling

According to Wednesday report, the Teranet-National Bank Composite House
Price Index showed another home resale price decline. Moreover, the
pace of year-over-year growth was also down. This index shows all the
price changes for repeat sales of single-family homes. The report
suggests that in February prices were down by 0.2% as compared to
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