Monthly price rise of 0.2% in August -Teranet – National Bank National Composite House Price Index™

Source: Teranet – National Bank National Composite House Price Index™
Canadian home prices in August were up 10.4% from a year earlier, according to the Teranet-National Bank National Composite House Price Index™. It was the smallest 12-month gain in six months. The metropolitan markets showing a similar deceleration included Toronto and Vancouver, though their price increases from a year earlier were still in the neighbourhood of 12%. For Ottawa, the market where prices have risen most in the last six months, the 12-month increase was 10.7%. In the other three markets the 12-month gains were more modest: 7.7% in Montreal, 6.8% in Halifax, 5.0% in Calgary.
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Home sales increase for the first time since March States CMHC

Wednesday, September 15, 2010 1:18pm
The Canadian Real Estate Association (CREA) reported that home sales rose by 4.1 per cent in August, the first monthly sales increase since March. Ontario and British Columbia enjoyed the most activity. However, CREA predicts sales will likely stay slow. Home prices were stagnant in August at an average of $324,928, the same as last year. But though the number of listings rose 1.9 per cent, that’s still down down 16 per cent from last April’s peak