The Teranet-National Bank House Price Index for June has been released, which shows that Canadian house prices rose by 0.8% across the 11 major markets, with annual growth falling to 0.5%:
Across the three major markets, values fell by 0.3% in Vancouver in June, but rose by 1.3% in Toronto and by 0.8% in Montreal.
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In the year to June, Vancouver values fell by 4.9%, whereas they rose by 2.8% in Toronto and by 5.4% in Montreal.
