Average Calgary house price of $428,655 in 2012 a new record

CALGARY — Average house prices in Calgary reached a record level in 2012, outpacing the housing boom peak of 2007.

According to the Calgary Real Estate Board, there were 21,207 MLS sales in Calgary in 2012 at an average sale price of $428,655, eclipsing the previous record of $423,770 in 2007 when there were 26,611 transactions.

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