Winnipeg Free Press - ONLINE EDITION
Posted: 04/11/2013 10:11 AM | Comments: 0
New-home buyers in Winnipeg got a bit of a break in February.
The cost of buying a new home edged up a mere one-tenth of one per cent from January to February, according to new figures released today by Statistics Canada.
That followed monthly increases of 0.8 per cent in December and 0.9 per cent in January.
But, despite the tiny month-over-month increase, Winnipeg still had the highest 12-month price hike in the country at 5.5 per cent. It was the third consecutive month that it held that dubious distinction, although Statistics Canada noted the pace of the annual increase slowed a bit from the previous month when it was 5.9 per cent.
The agency said local builders continue to blame the price escalation on the rising cost of developed land in the Winnipeg area.
Have you found an error, or know of something we’ve missed in one of our stories? Please use the form below and let us know.
Having problems with the form?Contact Us Directly
Bird poop, leaking roofs damaging legislature
Jim Lawson not interested in CFL commissioner's seat
Lapsed veterans funds 'not lost': Fantino
Study to probe reopening Dalnavert Museum
NHL game day: Jets vs. Blues, Nov. 23
Boy with fake gun dies after shot by Ohio officer
Day only going to get colder, snow on the way
Labour laws are hampering youth
$200M allocated for military mental health
Man facing charges after rings, medication recovered
Two charged after stabbing at party
Jets almost always close
Red Top restaurant runs in the family
They took 'food off the stove'
City dentist charged in sex-abuse case
A matter of faith
Police identify slain woman
Habs draft pick Scherbak injured in WHL game
Putin says he will not be president for life
Police find mom of baby abandoned in Sydney drain
UK police: up to 5 terror plots foiled this year
Alberta wolf cull stabilizes caribou herd: study
Buffalo residents urged to prepare for flooding
Islamic State group recruits, exploits children
Iran: Nuclear talks may focus on an extension
Muslim clerics meet in Iran to counter extremists
Saudi's Mobily suspends CEO amid accounting errors
Roger Federer's Switzerland wins Davis Cup final
Israel mulls hard-line legislation after attacks
Rare jade collection set for Toronto auction
Hamilton answers Rosberg in style to clinch title
Bomb kills 2, wounds 23 in southern Philippines
Afghan officials say suicide bomber kills some 45
Tunisians hold landmark presidential election
Does bad behaviour really hurt business?