09-24-2009, 08:06 AM
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#691
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Chick Magnet
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Quote:
A report released by Re/Max today says the average price of a Calgary home in 1980 was $93,977 and that has jumped to $380,489 this year, an increase of 304.9 per cent.
But at the national level the average price in 1980 was $67,024 and $312,585 this year for a 366.4 per cent increase.
Greater Vancouver led the nation with a 473.7 per cent hike in price appreciation over that period going from $100,065 in 1980 to $574,061 today. Victoria (448.5 per cent), Greater Toronto (409.9 per cent), Regina (402.0 per cent), Ottawa (377.5 per cent), Halifax-Dartmouth (350.8 per cent) and Winnipeg (310.0 per cent) all had better price appreciation than Calgary.
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http://www.calgaryherald.com/busines...974/story.html
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