CALGARY — Price growth in Calgary’s resale housing market is among the best in Canada, according to a report released Friday by the Conference Board of Canada.
The report listed Calgary — along with Regina, Saskatoon, Thunder Bay, Halifax and Newfoundland — in the seven per cent plus range for average year-over-year price growth for the latest three months.
In March, the board said, the seasonally-adjusted annual rate for sales in Calgary was 27,636, up 4.8 per cent from last year while listings were down 3.0 per cent to 42,540.
The market in the city is described as being balanced.
The average price was $435,032, an increase of 6.6 per cent from a year ago.
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