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http://calgaryrealestatereview.com/
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5 c; Y" {' c" `* hCalgary New Home Prices Post Largest Increase Since 20072 W* H) m* |* z/ g+ \
1 J d0 X2 I, I8 FCalgary 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.% X, y1 P7 }5 q7 ^. J, R N
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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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3 W' W+ b1 C, S1 Y: _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.
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