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http://calgaryrealestatereview.com/
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: Z( }6 L0 \! T, `* G$ M( v8 u+ j3 fCalgary New Home Prices Post Largest Increase Since 2007- o8 t8 r% z7 c# u9 z
" u" y* ~6 i5 N4 t9 k/ pCalgary 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.
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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 2007.1 z$ H. h& E9 E6 x. {; T
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