May 30, 2012 / 1:02 PM / 5 years ago

Canada home price index up in April from March

TORONTO, May 30 (Reuters) - Canadian home prices rose in April from March for the second consecutive month, with prices up in nine of 11 metropolitan markets, the Teranet-National Bank Composite House Price Index showed on Wednesday.

The index, which measures price changes for repeat sales of single-family homes, showed overall prices climbed 0.8 percent in April from a month earlier, after a 0.5 percent gain in March. The index was up 5.9 percent in April from a year earlier.

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