One area in Calgary is seeing a BIG jump in detached house prices

Calgary's real estate market is experiencing growth, with the total residential benchmark price rising to $587,900, a nearly 4% increase year-over-year. Detached homes saw over 7% growth, while apartment condominiums rose nearly 9%. East Calgary led with a 13.42% increase to $532,500, followed by south Calgary at 8.46% to $720,200, and the city centre at 8.14% to $955,000. Despite a rise in inventory to 4,352 units, supply remains below long-term trends, prompting some buyers to consider Edmonton for more affordable options.