Calgary prices rose in December ending a run of three monthly declines according Teranet-National Bank National Composite House Price Index released today.
Calgary’s index was up +0.7% between November and December. Of the cities tracked, it was the second highest m/m increase following Halifax’s gain of 0.9%. Year-over-year, Calgary house prices were up 0.9%
From Teranet:
For a second consecutive month, Canadian home prices in December were down 0.2% from the previous month, according to the Teranet-National Bank National Composite House Price Index. The two monthly retreats follow two months in which prices had been flat from the month before. December prices were down in five of the 11 metropolitan markets surveyed
Source: http://www.housepriceindex.ca
