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Home of former Flame sets Calgary real estate record

If sales of big ticket items were meant to suffer in a recession, thensomeone forgot to tell the new owners of a $10.3-million home inCalgary.

If sales of big ticket items were meant to suffer in a recession, then someone forgot to tell the new owners of a $10.3-million home in Calgary.

The price paid for the home -- which used to be owned by former Flames goaltender Mike Vernon -- is a record for the city, and the agent who sold it says the house sold in six weeks.

While this is a big sale, Todd Hirsch, a senior economist at ATB Financial says it is just one.

"I think it is a positive indication that there is still money in Calgary's housing market, however you do not want to read too much into one sale."

 
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