Canada new home prices climb 0.4 percent in October
(Reuters) - New home prices in Canada rose 0.4 percent in October from the previous month, following a 0.2 percent monthly increase in September, Statistics Canada said on Thursday.
The combined region of Toronto and Oshawa contributed the most to the monthly increase.
Following are the percentage changes:
Month on Month Year on Year
Oct Sept Oct Sept
Total +0.4 +0.2 +3.0 +2.8
House only +0.4 +0.1 +3.7 +3.6
Land only +0.4 +0.4 +1.4 +1.1
NOTE: The median forecast of analysts surveyed by Reuters was for a 0.2 percent monthly increase in new home prices in October. The index excludes apartments and condominiums and is not seasonally adjusted.
(Reporting by Dale Smith; Editing by Leah Schnurr)