Calgary house prices flirting with 2007 peak level

CALGARY—Calgary’s resale housing market in October is continuing to show very strong year-over-year sales growth with average prices competing with the peak level of 2007.

According to the Calgary Real Estate Board, month-to-date until October 30, total MLS transactions in the city of 1,603 are up 23.88 per cent from the same period a year ago and the average sale price has risen by 7.22 per cent to $435,922.

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