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http://calgaryrealestatereview.com/2 x9 V3 U- w7 S2 m- g# \ 
 
: r  P, j1 U1 @Calgary New Home Prices Post Largest Increase Since 2007 
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4 ?# i# M' j% zCalgary 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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/ d% B# q* k) U3 iYear-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.& m1 b4 O4 m4 W6 u 
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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.% I2 B3 L; u" J6 o9 } 
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