Canada resale home price index up for 8th month

* Prices rise 1.2 percent month on month

* Prices up 5.2 percent year on year

TORONTO Feb 24 (Reuters) - Canadian home resale prices rose for an eighth straight month in December with overall prices up 1.2 percent from November, a report on Wednesday showed.

The Teranet-National Bank Composite House Price Index, which measures price changes for repeat sales of single-family homes, showed overall prices were up 5.2 percent from December 2008.

The index tracks home prices over time for repeat sales, so properties with at least two sales are required in the calculations for the index. The report did not provide actual prices. (Reporting by Ka Yan Ng; editing by Peter Galloway)