[Skyceman]

Calgary house prices below pre-recession levels

Calgary is the only major Canadian market with house prices remaining below their pre-recession peak, according to a national survey of six centres across the country.

And the city also had one of the lowest year-over-year house price gains in Canada in May, said the Teranet-National Bank House Price Index, which was released Wednesday.

Read more: http://www.calgaryherald.com/busines...#ixzz0v5OcYBQ9