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http://calgaryrealestatereview.com/
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2 k9 Q H5 `: m' p9 t* R( jCalgary New Home Prices Post Largest Increase Since 2007! V( H: w$ J1 r5 {
4 ~9 \' f7 j, M. S }4 kCalgary new home prices in January increased at over 4x the annual pace of the rest of Canada according to data released by Statistics Canada today.) A* n, ^, @! t6 l
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Year-over-year, Calgary saw a 7.0% increase, its highest annual rise since July 2007. By contrast, the New Housing Price Index for Canada overall rose by 1.5% y/y.
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+ L- L) F, p- |4 Z$ PBetween December and January, Calgary prices were up 1.3%. Builders reported that higher material and labour costs as well as market conditions were the primary reasons for the increase, the largest in the region since April 2007.
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