Canada Teranet home price index falls in October

* Index slips for second straight month

* Prices down 0.4 pct m/m; up 6 pct y/y

TORONTO, Dec 29 (BestGrowthStock) – 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.

(Reporting by Ka Yan Ng)

Canada Teranet home price index falls in October