Only one area in Calgary has a benchmark detached home price below $550,000, with East Calgary at $529,567. The overall benchmark price for a detached house in Calgary is $760,200, showing a 13% yearly increase. The market favors sellers due to increased demand and limited supply, especially for homes priced above $600,000. Migration surge has impacted demand, but slowing migration levels and increased housing supply are expected to balance conditions and ease price pressures.
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