There has been a lot new home building in Calgary this year. Several new communities have popped up with their own unique style and feel. According to Avenue Magazine, Calgary's 2012 Best New Neighbourhoods to live in are 1. Mahogany 2. Auburn Bay 3. Cougar Ridge 4. New Brighton and 5. Walden.

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Mahogany has some of Calgary's newest most remarkable homes centered around Calgary's largest lake. Mahogany offers a variety of home styles from attached homes to ultra estate living on the lake. Homes by Jaymen MasterBuilt, Sabal Homes, Stepper Custom Homes and Trico Homes.

Copperfield is a charming community that has it all - family friendly, ample green space, and future schools. Home buyers have their choice of single…

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Canada New House Price Index

If you drove around Calgary this summer you saw new home construction everywhere. Everything from gorgeous 2 storey homes on the lake in the Calgary community of Mahogany to spectacular luxury bungalows tucked away in the aspen growths in the community of Montreux.

Not surprisingly, new home prices in the metropolitan area of Calgary, according to Statistics Canada, rose 0.1 per cent in July from the previous month. The national New Housing Price Index for the month of July also increased by 0.1 per cent. The report says St. John's, NewFoundland had the highest new house price jump in July with 0.6 per cent, followed by St. Catharines–Niagara and Halifax which were both up 0.4 per cent.

Statistics Canada indicated that the metropolitan area of…

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August 2012 Calgary Housing Market Trends

According to the Calgary Real Estate Board, single family house prices in Calgary increased 4.5 per cent, in part due to the slight decrease in new listings. New listings of single family homes were down almost 14 percent this August compared with August of last year. As a result of the decrease in new single family listings, many Calgary home buyers looked to condominiums or areas surrounding Calgary.

Residential home sales in areas around Calgary like Airdrie, Cochrane and Okotoks were very brisk with an increase of 42 per cent in August compared to last year. Although Calgary sales were not as active as surrounding areas, there was still a 10 per cent increase during the same period.  The greatest number of sales in Calgary for the month of August…

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