Benchmark prices in Calgary and area down since 2018

Home sales increased in Calgary during the month of August, a new report says, but the numbers mainly came from fewer listings and more sales of homes under a half a million dollars. The Calgary Real Estate Board's August report, released this week, says sales were up by six per cent over 2018, buoyed by the sales of homes under $500,000. Officials say those sales were partly driven by what people can afford in the city. "Employment numbers have been improving, but mostly in industries that are