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http://calgaryrealestatereview.com/
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, O8 j. A; k% c$ S3 [- M x& oCalgary New Home Prices Post Largest Increase Since 20071 T5 [0 C- G6 P2 @' D% G
?2 z3 B# l1 OCalgary 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.% g1 V$ B$ v# Q5 v9 |/ S+ r
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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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Between 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." d# |. S/ q$ F- G8 C0 r0 j' E b) Q
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