Calgary average house prices fifth highest in Canada
A report by the Canadian Real Estate Association indicates Calgary had the 5th highest average MLS residential sale price in the Canada in the month of May.
The survey of the major real estate markets across Canada showed Calgary's average price for the month was $416,055 for all residential properties (down by 0.5 per cent from May 2010).
Leading the country was Vancouver with a whopping average sale price of $831,555, up 25.7 per cent from a year ago. A boom which once again is being caused by investment from Asia.
Vancouver high prices were followed by Victoria ($527,181), the Fraser Valley ($526,541) and in 4th place Toronto ($485,520).
The national average MLS residential sale price was $376,817.
Edmonton's average was $331,537. Calgary's $416,055 on average.
Lethbridge Real Estate Average Price is $248,000.
Robert May is a Realtor, as well as the broker and owner of Rainbow Realty of Lethbridge Alberta . He is also a licensed Lethbridge mortgage broker and financing expert with Canada First Mortgage of Calgary Alberta. He has been in the Lethbridge real estate industry since 1993 and offers full Lethbridge real estate services to Lethbridge and surrounding area, as well as Lethbridge mortgage financing, mortgage refinancing , preapprovals, and Lethbridge loans financing to Lethbridge and Southern Alberta. He can be found online at this link: mortgage broker Lethbridge
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