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Analysts in a Reuters poll had forecast a 0.2 percent increase
from September. Prices increased by 3.5 percent compared to
October 2016.
Ottawa recorded a 1.0 percent gain on improved market conditions
and new developments. Prices were unchanged in 15 of the
country's 27 metropolitan areas.
Toronto and Vancouver, Canada's hottest markets for the past few
years, posted modest increases of 0.1 percent and 0.3 percent
respectively. Provincial governments in Ontario and British
Columbia have both taken measures to clamp down on foreign
buyers blamed for soaring prices.
The new housing price index excludes apartments and
condominiums, which the government says are a particular cause
for concern and which account for one-third of new housing.
(Reporting by David Ljunggren; Editing by Bernadette Baum)
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