False. The reported prices are the actual sale prices.
I just ran every sale for Calgary in November, all sales & then just detached sales, and cross referenced vs. what CREB posts on the front of the webpage.
After taking an average sale price for every transaction, it's an exact match to what CREB is reporting. They are not reporting the average list price
I am pulling this info out of the MLS database; I am a Realtor.
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