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Canadian home prices fall a fifth straight month, Teranet says

Posted on 25 June 2009

From Bloomberg: Canadian home prices fell on an annual basis for the fifth month in a row in April, the Teranet- National Bank National Composite House Price Index showed.

Prices were 6.7 percent lower than the same month a year earlier, according to the report released today by National Bank Financial. The index is now 8.9 percent less than its peak of last August…….Full Article: Source


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