This is the first monthly statistics release by the Calgary Real Estate Board that includes the HPI MLS® Home Price Index. Please view the February 2012 monthly housing summary from the Calgary Real Estate Board to see the new Benchmark pricing and how it compares to average pricing.

Sales activity on the rise throughout the Calgary region

Improved activity in the last week of the month boosted city sales

Calgary, March 1, 2012 – Sales activity improved across all residential sectors this month compared to a year ago, according to CREB® data released today. Calgary and area sales growth pushed February total residential activity up by 11.6 per cent compared February 2011, mainly due to increased activity in the surrounding towns.

"City sales…

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