In July, only three Calgary neighbourhoods had median home prices above $1 million: Elbow Park ($1,655,000), Lake Bonavista ($1,136,950), and Altadore ($1,100,000). Lake Bonavista saw a 31% year-over-year price increase, while West Hillhurst dropped 25%. The least expensive areas included Sunalta ($194,300) and others under $350,000. The market is currently experiencing a cooldown.
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