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Canadas new home price index rose 0.2 percent in February led by gains in Calgary, the governments statistics agency said.

Prices in the Alberta city rose 0.9 percent from January on higher material and labor costs and the impact of a new provincial home-warranty program, Statistics Canada said today from Ottawa. Toronto, Canadas largest city, posted a 0.2 percent increase while Vancouver prices were unchanged.

Economists forecast the national index would rise 0.1 percent, according to the median estimate in a Bloomberg survey with seven responses.

From a year earlier, new home prices increased 1.5 percent in February, matching the January pace. Calgary and Toronto led the annual gain, with new home prices rising 6.9 percent and 1.7 percent, respectively.

Earlier this week, Statistics Canada reported residential building permits fell 21 percent in February from a record, and Canada Mortgage and Housing Corp. said housing starts in March were at the slowest annual pace since the last recession.

To contact the reporter on this story: Greg Quinn in Ottawa at gquinn1@bloomberg.net

To contact the editor responsible for this story: Paul Badertscher at pbadertscher@bloomberg.net

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Canadian February New Home Prices Advance 0.2% Led by Calgary

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Wasilla, Alaska (PRWEB) April 10, 2014

Leonard Holladay and wife Sandy always had a dream of owning their own business. Leonard had worked in the ministry, in mortgage originationhe was even a handyman for a couple of years. When his most recent job was ending, the couple decided it was time to make a change.

They learned a new business model through a national cleaning training center, who told them of Guidants services.

Theres more than one way to fund [a new business], says Holladay. Guidant made it possible, by helping us utilize our IRA to fund our business. We launched Bright Path Cleaning debt-free.

The business specializes in restoring hard surface floors, walls and countertopstile, grout, stone and concreteremoving dirt, grime, oil and bacteria with highly effective tools and EPA-approved, environmentally friendly solutions. Their licensed, insured technicians also install durable, easy-to-clean, single-membrane floor coatings, and service carpets and remediate smoke odors in vehicles and hotel rooms.

In their spare time, the Holladays are fully engaged in their local church and have a strong desire to establish a Christian renewal center in their area, as a place for leaders, their spouses and teams to come away from the busyness of life and renew their walk with God in a quiet, refreshing setting.

Bright Path Cleaning opened on March 20 and services the Mat-Su Valley and Anchorage areas. For a free demonstration, visit brightpathcleaning.com, email info(at)brightpathcleaning(dot)com or call toll-free 866-821-4340.

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About Bright Path Cleaning Bright Path Cleaning is a fully licensed and insured company with the goal to provide their customers with astonishing service and the best investment in cleaning and restoring hard surfaces. They strive to ensure 100% satisfaction by providing professional, affordable high quality service. Their certified technicians are committed to continuing education, and use the most advanced equipment in the industry. Visit Bright Path Cleaning on the Web at brightpathcleaning.com.

About Guidant Financial Guidant Financial is the premier provider of rollovers for business start-ups (ROBS). Guidant's services allow people from all walks of life the freedom to make time-sensitive investments using their retirement funds without taking a taxable distribution or getting a loan, in addition to offering traditional funding options such as SBA loans and unsecured credit. Visit Guidant on the Web at guidantfinancial.com.

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