September 2012

Found 1 blog entry for September 2012.

The latest report of the Teranet-National Bank National House Price Index noted an increase in the resale home prices in the Calgary area this past August. When compared to this past July, the August prices were up 0.4 percent. If you compared this August to August of 2011, the prices were up 0.8 percent. Nationally August prices were up 0.2 percent over July of this year and 4.1 percent over August of 2011. The report was made public this past Wednesday.

Teranet compiles its data by considering home prices, either registered or observed, and collecting the information from various public land registries. All homes that have changed hands at least twice are used in formulating the index.

Looking at the national figures for August, that 0.2 percent was

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