Toronto pushes Canada new home prices up 0.2 pct in June

Thu Aug 9, 2012 8:46am EDT
 
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(Reuters) - New home prices in Canada rose 0.2 percent in June from the previous month, following a 0.3 percent monthly increase in May, Statistics Canada said on Thursday.

Price gains in the Toronto-Oshawa area accounted for most of the gain, posting a 0.3 percent rise on a monthly basis and 5.0 percent on the year.

(Reporting by Alex Paterson; Editing by David Ljunggren)