Hope for Calgary home-owners?

Real estate firm Royal Lepage says the average price of a detached bungalow in Calgary rose 2.7 per cent in the third quarter from the same period a year ago.

The price was just under $413,000, compared to the national rate of $324,500.

The firm says Canada’s real estate market is showing signs of returning to normal with wild swings in housing activity that were driven by economic uncertainty appearing to subside.

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