May a record month for Calgary real estate?

As we approach the end of May, it looks like Calgary’s resale real estate market could be setting a couple of records.

According to the Calgary Real Estate Board, month-to-date until May 29, the average MLS sale price for a single-family home is $523,071, up 3.74 per cent from the same period a year ago.

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Calgary housing market tops Canada in price growth

CALGARY — Calgary led the country in February with the best annual price growth in the MLS Home Price Index released by the Canadian Real Estate Association on Friday.

But the Calgary market followed a national trend of declining MLS sales in February. However it was at a much lower pace. Nationally, sales were off nearly 16 per cent from a year ago but they were down only two per cent in Calgary.

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