Calgary resale housing market sets all-time record for average sale price

CALGARY — Calgary’s resale housing market set an all-time average sale price record in February, eclipsing the mark that has stood since the boom in July 2007.

According to the Calgary Real Estate Board, the average MLS sale price for a single-family home during the month was $518,452, up 10.32 per cent from last year while the average price for overall MLS sales in the city was $457,119, up 7.49 per cent year-over-year.

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