Calgary was the only city that saw an increase in home sales from a year ago in Canada, according to the latest figures from the Canadian Real Estate Association.
While sales were down on a year-over-year basis in three of every four of all local markets in November, including most large urban centres, Calgary stood out as an exception with sales up 10.6 per cent from a year ago.
"National sales activity lacks the momentum it had a year ago,'' said Gregory Klump, CREA's chief economist.
The report also showed that the MLS Home Price Index, showed prices were up by 3.5 per cent nationally on a year-over-year basis in November.
The MLS HPI rose fastest in ReginaMLS HPI rose fastest in Regina, up 11.6 per cent year over year in November. It was up 4.6 per cent year over year in Toronto , 1.9 per cent in Montreal and 7.1 per cent in Calgary. In Greater Vancouver, the HPI was down 1.7 per cent year over year.
While prices were up significantly in Calgary, it is possible to find a home for a variety of budgets in the city. From the most expensive houses for sale, that have sixteen-foot ceilings and a wood-burning fireplace, to a French country castle, the city offers many choices.
Here's a look at some of the cheapest houses for sale in Calgary:
The Cheapest Houses For Sale In Calgary
With files from the Canadian Press