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http://calgaryrealestatereview.com/
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! L% w; {% v+ |1 a' x* W( d, bCalgary New Home Prices Post Largest Increase Since 2007
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9 ]8 K" {& D$ l7 ]Calgary 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./ u& s& g+ H, G+ V
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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." r$ J$ W/ m; z5 |' u
/ Q6 |0 g4 B" w8 B* EBetween 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.! c" H9 |) c( ?
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