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Canada: House prices fall for first time since April 2009

Posted on 25 November 2010

From Torontosun.com: House prices in Canada fell 1.1% in September, ending a string of 16 straight monthly increases, new data shows. The Teranet-National Bank Composite House Price Index last fell in April 2009, with price tags on homes falling in all six major metropolitan markets for the first time since last February.
The biggest drop was recorded in Halifax where prices dipped 2.4%, followed by Calgary at 2.2% and Toronto at 1.6%……………………………………….Full Article: Source


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