Homes sold last month sat on the market for an average of 45 days
There are more homes for sale in the city than last year and they're sitting on the market for longer, while selling for less, according to data from the Calgary Real Estate Board. (Sheryl Nadler/CBC)
Home sales and prices continued their year-over-year decline in November, according to the latest aggregated data from the Calgary Real Estate Board.
A total of 1,263 homes were sold in the city last month, down 28.7 per cent from November 2014.
Average sale prices were off 5.1 per cent year-over-year, sliding to $460,859.
Median prices, meanwhile, were down 4.2 per cent to $410,149.
The number of active listings stood at 5,316, up 31 per cent from a year earlier, while the
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