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Calgary’s resale housing market is going in the opposite direction from what is happening nationally.

A report released Tuesday by the Canadian Real Estate Association showed MLS sales in the Calgary region fell by 28.1 per cent to 2,139 in August from the level a year ago while nationally sales were up by four per cent to 42,679

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“Sales in Calgary continued to post the largest year-over-year declines after having run near record levels there last year,” said the CREA report.

The same was true for prices. The MLS Home Price Index Benchmark Price of $451,600 was flat in Calgary compared to a year ago while the aggregate national price, consisting of 12 markets surveyed, was up 6.4 per cent to $502,600.

“Prices in Calgary were flat on a year-over-year basis in August, marking the first month since September 2011 of no year-over-year price growth,” added the report.

Corinne Lyall, president of the Calgary Real Estate Board, said the combination of price declines and higher inventory levels in some segments of the market are influencing buying patterns in Calgary.