Canada new home prices climb 0.2 pct in August


Oct 11 (Reuters) - New home prices in Canada rose 0.2 percent in August from the previous month, following a 0.1 percent month-on-month increase in July, Statistics Canada said on Thursday.

In the combined metropolitan region of Toronto and Oshawa, market conditions drove up prices, which contributed to the overall gain.

Following are the percentage changes:

Month on Month Year on YearAug July Aug JulyTotal +0.2 +0.1 +2.4 +2.3House only +0.2 +0.1 +2.6 +2.6Land only +0.1 0.0 +1.7 +1.7

NOTE: The median forecast of analysts surveyed by Reuters was for a 0.1 percent monthly increase in new home prices in August.

(Reporting by Alex Paterson; Editing by David Ljunggren)

((david.ljunggren@thomsonreuters.com; +1 613-235-6745; Reuters Messaging: david.ljunggren.reuters.com@reuters.net))