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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Calgary housing market sales growth best in Canada

CALGARY — While Canadian home sales dipped in January, particularly in major centres like Toronto and Vancouver, Calgary’s housing market remained strong and posted the best year-over-year growth in the country for MLS transactions.

The Canadian Real Estate Association reported Friday that Calgary MLS sales during the month were 1,572, up 20.2 per cent from January 2012 while sales across the nation dropped by 5.2 per cent to 23,579 transactions.

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