February 12, 2016 / 2:39 PM / 2 years ago

Canadian home prices down 0.1 pct in Jan-Teranet

OTTAWA, Feb 12 (Reuters) - Canadian home prices edged down in January for a second month in a row, with prices down in a number of cities, including Toronto, the Teranet-National Bank Composite House Price Index showed on Friday.

The index, which measures price changes for repeat sales of single-family homes, showed national home prices dipped 0.1 percent in January from a month earlier. Prices were still up 5.9 percent from a year earlier. (Reporting by Leah Schnurr; Editing by Bernadette Baum)

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