I have never in my 21 years of Real Estate, seen a December quite like this one! For a month that is normally quite slow in our industry… I was busy right through the holidays! With multiple competing offers going way above the asking price, there is no doubt the demand is there for Real Estate. With the Record High Absorption rate, you’ll see that the demand is increasing prices. This is the median benchmark price for Detached homes in All of Calgary, and we’re up almost 12% from the year before. Detached Homes – 4:22 Semi-Detached Housing – 08:04 Row Housing (Townhomes) – 10:12 Apartment/condos – 12:41