Home prices continue to rise in Calgary despite more on the market

Home prices continue to rise in Calgary despite more on the market

Price increases run counter to usual situation when sales fall and inventory jumps.

Where Are Home Prices Rising the Quickest? - The MortgagePoint

An examination of U.S. home prices by Redfin has found that the Midwest is home to three of the five metro areas where home prices are rising fastest. In Milwaukee, the median home sale price rose a record 20% year-over-year in February to $330,000—the biggest jump among the 50 most populous metros. Milwaukee was followed by Detroit, Michigan (12.5%); Nassau County, New York (11.7%); San Jose, California (11.1%); and Cleveland, Ohio (10%). Natio…