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http://calgaryrealestatereview.com/
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8 c3 Y$ ?: N3 \- N4 K6 ICalgary New Home Prices Post Largest Increase Since 20077 x) S6 I; D& t# M2 _+ S: G
; U: |2 }2 A* d! o1 YCalgary 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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7 H9 v5 ]% ~; b5 E5 k. b6 ], R$ ZYear-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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6 v. l& M* |1 o8 qBetween 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." v# u3 h8 Y2 e% j" e( M4 F3 X
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