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http://calgaryrealestatereview.com/
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9 Y4 ]7 j7 a! VCalgary New Home Prices Post Largest Increase Since 2007
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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.' R7 P: P3 y, R: T% A) f
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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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, `/ A& ^) G# W2 V: y1 B. ?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., a5 q A, e. X, z
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