A unit in the same development – The River – sold for $5.2 million the Canadian Press reports, but the two apartments have bucked the trend which has seen no sales of condos over $2.5 million in June this year compared to 4 in 2015.
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While overall sales of homes in Calgary have been sliding and impacting prices, there are some exceptions. Sotheby’s International Canada recently sold a unit in the city for $8.4 million, a three-year record for a condo in the market.