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A new survey suggests Calgarians may be slightly more comfortable with local house prices than their counterparts in other cities — but 23 per cent still feel they’re unreasonably high.

The survey, released by the Angus Reid Institute on Friday, found that Calgarians were divided on whether home prices in the city were too high. In all, 47 per cent of respondents said prices were high — on top of the respondents who said prices were unreasonable, 24 per cent said prices were “high, but understandable given the area.”

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Meanwhile, 47 per cent of respondents said prices were reasonable (38 per cent) or “maybe a bit low” (nine per cent).

The survey was conducted in February, as the city’s real estate market continued to face headwinds. In January, sales were down 13 per cent from the previous year, with Calgary Real Estate data showing a continued decline in average prices.

Nationally, 55 per cent of respondents said home prices were high in their communities. Of seven major urban areas, only in Winnipeg did fewer people feel prices were high (46 per cent, with 26 per cent saying prices were unreasonable).

In the nation’s priciest housing market — Metro Vancouver — 87 per cent of respondents said prices were high, with 70 per cent saying they were unreasonable. In Toronto, 78 per cent said prices were high, with 46 per cent calling them unreasonable.