Continued growth forecast for sales and prices in Calgary housing market

CALGARY — Every housing category in Calgary’s resale market, including surrounding towns, is expected to see continued sales and price growth this year, according to the latest Calgary Real Estate Board annual forecast which was released Wednesday.

But the rate of growth will moderate.

Overall, CREB said total MLS sales in the city would jump by 2.2 per cent in 2013 to 21,669 transactions while the average benchmark price would rise by 2.9 per cent to $392,469.

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