Canadian home prices flat in March - Teranet

Reuters

TORONTO, April 14 (Reuters) - Canadian home prices were flat in March from February and 12-month home price inflation slowed slightly, the Teranet-National Bank Composite House Price Index showed on Monday.

While national prices were essentially unchanged last month from February, the index, which measures price changes for repeat sales of single-family homes, showed regional disparities, as Calgary roared ahead but Montreal faltered.

Prices were up 4.6 percent from a year ago, a slowing from February's 5.0 percent price gain.

(Reporting by Andrea Hopkins, Editing by W Simon)

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