October 13, 2016 / 12:31 PM / 10 months ago

Canadian home prices rise in September - Teranet

OTTAWA, Oct 13 (Reuters) - Canadian home prices rose in September from a month earlier as prices continued to soar in Toronto, the nation's largest market, and inched up in Vancouver, the Teranet-National Bank Composite House Price Index showed on Thursday.

The index, which measures price changes for repeat sales of single-family homes, showed national home prices rose 0.8 percent last month from August. Prices were up 11.7 percent from a year earlier. (Reporting by Andrea Hopkins)

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