The average MLS sale price of a residential property in Calgary has increased slightly so far this year compared with 2010.
The Canadian Real Estate Association reported Friday that year-to-date, for the first quarter of 2011, the average residential price was $398,558, up one per cent over the first quarter of 2010.
In Calgary, sales during the first quarter totalled 5,492 transactions, a decrease of 4.6 per cent from last year.
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