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OTTAWA — Canadian home prices fell in January for the fourth consecutive month led by weakness in major Western Canadian cities, data showed on Wednesday.

The Teranet-National Bank Composite House Price Index, which measures changes for repeat sales of single-family homes, showed prices fell 0.1 per cent last month from December 2018.

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Prices fell in four of the 11 markets surveyed, with cities in the oil-rich province of Alberta posting the largest drops. Edmonton prices fell 0.8 per cent, while prices in Calgary were down 0.5 per cent.

Vancouver prices fell 0.3 per cent. It was the sixth straight month of declines for Pacific Coast city, which boasts the most expensive housing market in Canada.