Canada Home Prices End 2016 With Slowest Gain in Two Years

Residential housing stands in the downtown area of Whitehorse, Yukon.

Photographer: Ben Nelms/Bloomberg
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Canadian home prices rose in December at the slowest pace in two years, adding to evidence the nation’s housing market is cooling.

Prices rose 0.1 percent from the prior month, the Canadian Real Estate Association said Monday, citing its benchmark home indexesBloomberg Terminal. That’s the slowest pace since November 2014.