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http://calgaryrealestatereview.com/
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u; O) X# z6 j3 n5 ?. [! R6 a) bCalgary New Home Prices Post Largest Increase Since 2007 \; m5 k! d$ Q& c
6 ^1 q9 ?! _& T- lCalgary 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.& _/ g' V8 v- q6 i5 q
+ x0 U G" ~( p2 xYear-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.' f: ]6 T8 f5 J/ {( u0 x8 Q
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