Calgary new house prices up

By Mario Toneguzzi, From Herald News Services; Calgary Herald May 13, 2010

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Real Estate The price of new homes in the Calgary census metropolitan area rose at a higher rate in March than the Canadian average, according to Statistics Canada.

In releasing its New Housing Price Index Wednesday, the federal agency said prices were up 0.4 per cent in Calgary from the previous month and two per cent from March 2009.

The national increase in the NHPI was 0.3 per cent on a monthly basis and 1.6 per cent year-over-year.

Richard Cho, senior market analyst in Calgary for Canada Mortgage and Housing Corp., said the house only component for the NHPI in the Calgary CMA rose by 0.3 per cent from the previous month and by 3.9 per cent from a year ago.

Posted via web from Toronto Real Estate News, Blog

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