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http://calgaryrealestatereview.com/
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% ?- e2 T% Z/ I. MCalgary New Home Prices Post Largest Increase Since 2007
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Calgary 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." }, _5 Y; x% f) Q# L
- |8 U6 z3 u1 U# H, o+ M+ k! x) kYear-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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1 ?( ]! j- ~+ u9 {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.. z/ k$ M& h: `9 P( p- F
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