Calgary’s real estate market hottest in years

Calgary’s real estate market for detached homes is on a tear, with the benchmark price up $12,000 in the last month alone.That benchmark home now sits at $472,300, an increase of 12 per cent over this time last year and still well below Toronto and Vancouver which sit around $1.26 million. The surge in sales is being attributed to a rebounding economy, the city's affordability and lifestyle, and buyers trying to get in before expected interest rates hikes later this year. "The detached mar