Download as pdf or txt
Download as pdf or txt
You are on page 1of 28

CALGARY REGIONAL

HOUSING MARKET STATISTICS

Housing market characterized by slow demand

Elevated supply levels placed


downward pressure on prices in
December

Calgary, Jan. 4, 2016 With the focus

shifting toward the holiday season,


December sales activity slowed to 878
units in the city, 18 per cent below last
year at this time and well below the
five and 10-year averages.
As a result, the unadjusted benchmark
price dipped to $448,800, a 0.42 per
cent decline over the previous month
and 2.33 year over year.
CREB chief economist Ann-Marie
Lurie noted December followed a
pattern established early on in 2015,
which was characterized by slower
housing demand.
Economic uncertainty, followed by
weak economic conditions and job
losses, contributed to slowing housing
demand throughout the year, she
said.
That said, while aggregate prices
trended down in 2015, it was not to
the same extent as some had
speculated. Supply levels were low
moving into this cycle and thus
provided some cushion to absorb the
inventory gains.

In December, monthly inventory levels


declined, as expected, to 4,336 units.
Yet they were still 28 per cent higher
than the same time last year, and at
the highest December level recorded
since 2008.
Inventory levels were notably up in
both the apartment and attached
sectors, which neared the highest
December total on record.

December showed that buyers in this


market are continuing to be much
more cautious as the impact of further
oil price declines weighs on their
confidence, said CREB president
Corinne Lyall.
Some sellers, meanwhile, are
concerned about what supply levels
may look like next year and are not
delaying their decisions.
On an annual basis, sales activity
declined by 24 per cent in the
detached sector and 33 and 28 per
cent in the apartment and attached
segments, respectively.

As a result, the apartment sector was


also the only one to record an annual
decline in average benchmark price,
by 0.82 per cent.
While December prices for both the
detached and attached sectors were
1.91 and 1.29 per cent lower than levels
recorded at the beginning of 2015, on
an annual average basis, they
remained 1.35 and 1.84 per cent above
2014 numbers.
Aggregate statistics often do not
provide the full story as activity varies
by product type, price ranges and
location, said Lyall.
While prices have trended down this
year citywide, there are some areas of
the city where prices for detached
homes have improved compared to
the start of the year.
Note: CREBs annual forecast outlook
will be available on Jan. 13.

While months of supply in 2015


trended higher in all sectors, the
apartment was the only one to
average above four for the entire
year.

CITY OF CALGARY MONTHS OF SUPPLY AND PRICE CHANGE


9

65%
60%
55%
50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%
-5%
-10%
-15%
-20%

8
7
6
5
4
3
2
1
0

months of supply

months of supply trend (12 M)

benchmark y/y price change


Source: CREB

CREB Calgary Regional Housing Market Statistics

Page 1

Summary Stats Economic Region

Total Residential

Dec-14
CITY OF CALGARY
m_ YT Total Sales
m_ YT Total Sales Volume
m_ YT New Listings
m_ YT Inventory

Dec-15

Y/Y %
Change

2014

2015

Y/Y %
Change

1,073

878

-18.17%

25,543

18,830

-26.28%

$506,456,293

$406,213,194

-19.79%

$12,313,571,788

$8,837,612,978

-28.23%

1,368

1,483

8.41%

36,173

33,860

3,384

4,336

28.13%

4,069

5,287

-6.39%
29.96%

Months of Supply

3.15

4.94

56.59%

1.91

3.37

76.29%

Sales to New Listings Ratio

0.78

0.59

-19.23%

0.71

0.56

-15.00%

m_YTSales to List Price Ratio


m_YTDays on Market
m_YTBenchmark Price
m_YTMedian Price
m_YTAverage Price
m_YTIndex

97.54%

96.36%

-1.18%

98.31%

97.35%

-0.95%

43

49

15.81%

33

41

24.24%

$459,500

$448,800

-2.33%

$449,267

$454,267

1.11%

$415,000

$407,750

-1.75%

$425,600

$424,000

-0.38%

$472,000

$462,657

-1.98%

$482,072

$469,337

-2.64%

214

209

-2.33%

210

212

1.11%

SURROUNDING AREA
m_ YT Total Sales
m_ YT Total Sales Volume
m_ YT New Listings
m_ YT Inventory

220

210

-4.55%

5,830

4,562

-21.75%

$103,832,261

$104,369,205

0.52%

$2,794,172,310

$2,176,608,350

-22.10%

303

380

25.41%

8,759

8,728

1,203

1,536

27.68%

1,562

1,918

-0.35%
22.82%

Months of Supply

5.47

7.31

33.76%

3.21

5.05

56.96%

Sales to New Listings Ratio

0.73

0.55

-17.34%

0.67

0.52

-14.29%

m_YTSales to List Price Ratio


m_YTDays on Market
m_YTBenchmark Price
m_YTMedian Price
m_YTAverage Price
m_YTIndex

96.75%

CREB ECONOMIC REGION


m_ YT Total Sales
m_ YT Total Sales Volume
m_ YT New Listings
m_ YT Inventory

96.21%

-0.54%

97.44%
51

96.42%
59

-1.02%

62

71

15.20%

15.69%

$430,000

$422,300

-1.79%

$416,692

$431,392

3.53%

$400,250

$420,500

5.06%

$407,500

$406,000

-0.37%

$471,965

$496,996

5.30%

$479,275

$477,117

-0.45%

190

186

-1.79%

184

190

3.53%

1,293

1,088

-15.85%

31,373

23,392

-25.44%

$610,288,554

$510,582,399

-16.34%

$15,107,744,098

$11,014,221,327

-27.10%

1,671

1,863

11.49%

44,932

42,588

4,587

5,872

28.01%

5,631

7,206

-5.22%
27.96%

Months of Supply

3.55

5.40

52.13%

2.15

3.70

71.62%

Sales to New Listings Ratio

0.77

0.58

-18.98%

0.70

0.55

-14.90%

m_YTSales to List Price Ratio


m_YTDays on Market
m_YTBenchmark Price
m_YTMedian Price
m_YTAverage Price
m_YTIndex

97.40%

96.33%

-1.07%

98.15%

97.17%

-0.98%

46

54

16.75%

37

45

21.62%

$454,400

$443,900

-2.31%

$444,275

$449,975

1.28%

$414,500

$410,000

-1.09%

$423,000

$420,000

-0.71%

$471,994

$469,285

-0.57%

$481,552

$470,854

-2.22%

211

206

-2.32%

206

209

1.28%

For a list of definitions, see page 28.

Page 2

Summary Stats City of Calgary


Dec-14
DETACHED
m_CYT Total Sales
m_CYT Total Sales Volume
m_CYT New Listings
m_CYT Inventory

Dec-15

Y/Y %
Change

2014

2015

Y/Y %
Change

604

533

-11.75%

15,093

11,517

-23.69%

$332,787,864

$284,414,465

-14.54%

$8,410,927,056

$6,184,512,909

-26.47%

761

793

4.20%

21,066

19,319

1,791

2,138

19.37%

2,294

2,811

-8.29%
22.55%

Months of Supply

2.97

4.01

35.28%

1.82

2.93

60.60%

Sales to New Listings Ratio

0.79

0.67

-12.16%

0.72

0.60

-12.03%

m_YTSales to List Price Ratio


m_YTDays on Market
m_YTBenchmark Price
m_YTMedian Price
m_YTAverage Price
m_YTIndex

97.55%

96.28%

-1.27%

98.31%

97.36%

-0.95%

41

47

16.72%

31

38

22.58%

$518,600

$508,700

-1.91%

$507,200

$514,050

1.35%

$476,000

$455,000

-4.41%

$487,500

$479,900

-1.56%

$550,973

$533,611

-3.15%

$557,273

$536,990

-3.64%

215

211

-1.91%

210

213

1.35%

ATTACHED
m_CYT Total Sales
m_CYT Total Sales Volume
m_CYT New Listings
m_CYT Inventory

247

194

-21.46%

5,649

4,085

-27.69%

$102,927,687

$75,860,557

-26.30%

$2,346,507,325

$1,654,448,524

-29.49%

303

349

15.18%

7,722

7,529

740

1,078

45.68%

808

-2.50%

1,188

47.13%

Months of Supply

3.00

5.56

85.47%

1.72

3.49

103.46%

Sales to New Listings Ratio

0.82

0.56

-25.93%

0.73

0.54

-18.90%

m_YTSales to List Price Ratio


m_YTDays on Market
m_YTBenchmark Price
m_YTMedian Price
m_YTAverage Price
m_YTIndex

97.73%

96.84%

-0.89%

98.54%

97.56%

-0.98%

45

49

10.13%

32

42

31.25%

$356,200

$351,400

-1.35%

$348,092

$354,508

1.84%

$345,000

$332,430

-3.64%

$349,900

$347,000

-0.83%

$416,711

$391,034

-6.16%

$415,385

$405,006

-2.50%

209

206

-1.34%

204

208

1.85%

APARTMENT
m_CYT Total Sales
m_CYT Total Sales Volume
m_CYT New Listings
m_CYT Inventory

222

151

-31.98%

4,801

3,228

-32.76%

$70,740,742

$45,938,172

-35.06%

$1,556,137,407

$998,651,545

-35.82%

304

341

12.17%

7,385

7,012

853

1,120

31.30%

967

1,289

-5.05%
33.20%

Months of Supply

3.84

7.42

93.04%

2.42

4.79

98.11%

Sales to New Listings Ratio

0.73

0.44

-28.74%

0.65

0.46

-18.97%

m_YTSales to List Price Ratio


m_YTDays on Market
m_YTBenchmark Price
m_YTMedian Price
m_YTAverage Price
m_YTIndex

97.19%

CITY OF CALGARY
m_CYT Total Sales
m_CYT Total Sales Volume
m_CYT New Listings
m_CYT Inventory

96.07%

-1.12%

97.92%

96.92%

-0.99%

46

56

23.29%

38

48

26.32%

$300,400

$285,500

-4.96%

$294,617

$292,208

-0.82%

$288,900

$286,500

-0.83%

$285,000

$274,000

-3.86%

$318,652

$304,226

-4.53%

$324,128

$309,372

-4.55%

210

200

-4.95%

206

204

-0.83%

1,073

878

-18.17%

25,543

18,830

-26.28%

$506,456,293

$406,213,194

-19.79%

$12,313,571,788

$8,837,612,978

-28.23%

1,368

1,483

8.41%

36,173

33,860

3,384

4,336

28.13%

4,069

5,287

-6.39%
29.96%

Months of Supply

3.15

4.94

56.59%

1.91

3.37

76.29%

Sales to New Listings Ratio

0.78

0.59

-19.23%

0.71

0.56

-15.00%

m_YTSales to List Price Ratio


m_YTDays on Market
m_YTBenchmark Price
m_YTMedian Price
m_YTAverage Price
m_YTIndex

97.54%

96.36%

-1.18%

98.31%

97.35%

-0.95%

43

49

15.81%

33

41

24.24%

$459,500

$448,800

-2.33%

$449,267

$454,267

1.11%

$415,000

$407,750

-1.75%

$425,600

$424,000

-0.38%

$472,000

$462,657

-1.98%

$482,072

$469,337

-2.64%

214

209

-2.33%

210

212

1.11%

For a list of definitions, see page 28.

Page 3

Summary Stats Census Metropolitan Area

Total Residential

Dec-14
CITY OF CALGARY
m_CYTD Total Sales
m_CYTD Total Sales Volume
m_CYTD New Listings
m_CYTD Inventory

Dec-15

Y/Y %
Change

2014

2015

Y/Y %
Change

1,073

878

-18.17%

25,543

18,830

-26.28%

$506,456,293

$406,213,194

-19.79%

$12,313,571,788

$8,837,612,978

-28.23%

1,368

1,483

8.41%

36,173

33,860

3,384

4,336

28.13%

4,069

5,287

-6.39%
29.96%

Months of Supply

3.15

4.94

56.59%

1.91

3.37

76.29%

Sales to New Listings Ratio

0.78

0.59

-19.23%

0.71

0.56

-15.00%

m_cYTDSales to List Price Ratio


m_cYTDDays on Market
m_cYTDBenchmark Price
m_cYTDMedian Price
m_cYTDAverage Price
m_cYTDIndex

97.54%

96.36%

-1.18%

98.31%

97.35%

-0.95%

43

49

15.81%

33

41

24.24%

$459,500

$448,800

-2.33%

$449,267

$454,267

1.11%

$415,000

$407,750

-1.75%

$425,600

$424,000

-0.38%

$472,000

$462,657

-1.98%

$482,072

$469,337

-2.64%

214

209

-2.33%

210

212

1.11%

AIRDRIE
m_a YTD Total Sales
m_a YTD Total Sales Volume
m_a YTD New Listings
m_a YTD Inventory

64

66

3.13%

1,695

1,424

-15.99%

$25,345,175

$24,393,966

-3.75%

$656,140,203

$555,659,567

-15.31%

2,188

2,289

80

88

10.00%

170

289

70.00%

212

347

4.62%
64.00%

Months of Supply

2.66

4.38

64.85%

1.50

2.93

95.22%

Sales to New Listings Ratio

0.80

0.75

-5.00%

0.77

0.62

-15.26%

m_aYTDSales to List Price Ratio


m_aYTDDays on Market
m_aYTDBenchmark Price
m_aYTDMedian Price
m_aYTDAverage Price
m_aYTDIndex

97.97%

ROCKYVIEW
m_MYTD Total Sales
m_MYTD Total Sales Volume
m_MYTD New Listings
m_MYTD Inventory

97.61%

-0.36%

98.63%

98.09%

-0.54%

45

58

28.00%

33

43

30.30%

$376,600

$368,500

-2.15%

$363,017

$373,467

2.88%

$400,000

$365,450

-8.64%

$388,000

$387,625

-0.10%

$396,018

$369,606

-6.67%

$387,103

$390,210

0.80%

199

195

-2.16%

192

197

2.88%

74

76

2.70%

1,953

1,469

-24.78%

$41,263,049

$45,453,640

10.16%

$1,181,794,804

$877,320,831

-25.76%

128

146

14.06%

3,273

3,221

537

628

16.95%

686

790

-1.59%
15.08%

Months of Supply

7.26

8.26

13.87%

4.22

6.45

53.00%

Sales to New Listings Ratio

0.58

0.52

-5.76%

0.60

0.46

-14.06%

m_ YTDSales to List Price Ratio


m_ YTDDays on Market
m_ YTDBenchmark Price
m_ YTDMedian Price
m_ YTDAverage Price
m_ YTDIndex

96.48%

CALGARY CMA
m_CYTD Total Sales
m_CYTD Total Sales Volume
m_CYTD New Listings
m_CYTD Inventory

95.59%

-0.90%

96.91%

95.85%

-1.07%

70

77

10.74%

60

64

$554,700

$544,500

-1.84%

$534,983

$558,183

6.67%
4.34%

$475,000

$472,500

-0.53%

$490,500

$487,000

-0.71%

$557,609

$598,074

7.26%

$605,118

$597,223

-1.30%

180

176

-1.84%

173

181

4.34%

1,211

1,020

-15.77%

29,191

21,723

-25.58%

$573,064,517

$476,060,800

-16.93%

$14,151,506,795

$10,270,593,376

-27.42%

1,576

1,717

8.95%

41,634

39,370

4,091

5,253

28.40%

4,967

6,425

-5.44%
29.36%

Months of Supply

3.38

5.15

52.45%

2.04

3.55

73.83%

Sales to New Listings Ratio

0.77

0.59

-17.43%

0.70

0.55

-14.94%

m_CYTDSales to List Price Ratio


m_CYTDDays on Market
m_CYTDBenchmark Price
m_CYTDMedian Price
m_CYTDAverage Price
m_CYTDIndex

97.48%

96.35%

-1.13%

98.20%

97.26%

-0.94%

44

52

17.04%

34

42

23.53%

$459,200

$448,400

-2.35%

$448,650

$454,192

1.24%

$417,000

$410,000

-1.68%

$426,500

$424,000

-0.59%

$473,216

$466,726

-1.37%

$484,790

$472,798

-2.47%

212

207

-2.35%

208

210

1.24%

For a list of definitions, see page 28.

Page 4

Summary Stats Surrounding Area

Total Residential

Dec-14

Dec-15 Y/Y % Change

2014

2015 Y/Y % Change

ROCKYVIEW REGION

m_mYTD Total Sales


m_mYTD Total Sales Volume
m_mYTD New Listings
m_mYTD Inventory

m_
m_
m_
m_
m_
m_

74
$41,263,049
128
537
7.26
0.58
96.48%
70
$554,700
$475,000
$557,609
180

76
$45,453,640
146
628
8.26
0.52
95.59%
77
$544,500
$472,500
$598,074
176

2.70%
10.16%
14.06%
16.95%
13.87%
-5.76%
-0.90%
10.74%
-1.84%
-0.53%
7.26%
-1.84%

1,953
$1,181,794,804
3,273
686
4.22
0.60
96.91%
60
$534,983
$490,500
$605,118
173

1,469
$877,320,831
3,221
790
6.45
0.46
95.85%
64
$558,183
$487,000
$597,223
181

-24.78%
-25.76%
-1.59%
15.08%
53.00%
-14.06%
-1.07%
6.67%
4.34%
-0.71%
-1.30%
4.34%

59
$29,990,335
81
373
6.32
0.73
95.72%
73
$393,600
$392,000
$508,311
183

52
$28,881,199
104
460
8.85
0.50
95.88%
75
$386,700
$480,000
$555,408
180

-11.86%
-3.70%
28.40%
23.32%
39.93%
-22.84%
0.16%
3.06%
-1.75%
22.45%
9.27%
-1.75%

1,467
$737,339,225
2,355
487
3.98
0.62
97.27%
56
$384,608
$415,000
$502,617
179

1,145
$584,131,494
2,314
579
6.07
0.49
95.50%
71
$398,750
$419,500
$510,159
185

-21.95%
-20.78%
-1.74%
18.98%
52.44%
-12.81%
-1.76%
26.79%
3.68%
1.08%
1.50%
3.68%

64
$25,345,175
80
170
2.66
0.80
97.97%
45
$376,600
$400,000
$396,018
199

66
$24,393,966
88
289
4.38
0.75
97.61%
58
$368,500
$365,450
$369,606
195

3.13%
-3.75%
10.00%
70.00%
64.85%
-5.00%
-0.36%
28.00%
-2.15%
-8.64%
-6.67%
-2.16%

1,695
$656,140,203
2,188
212
1.50
0.77
98.63%
33
$363,017
$388,000
$387,103
192

1,424
$555,659,567
2,289
347
2.93
0.62
98.09%
43
$373,467
$387,625
$390,210
197

-15.99%
-15.31%
4.62%
64.00%
95.22%
-15.26%
-0.54%
30.30%
2.88%
-0.10%
0.80%
2.88%

23
$7,233,702
14
123
5.35
1.64
98.38%
54
$300,000
$314,509

16
$5,640,400
42
159
9.94
0.38
96.97%
85
$349,000
$352,525

-30.43%
-22.03%
200.00%
29.27%
85.82%
-126.19%
-1.41%
57.09%
16.33%
12.09%

715
$218,898,078
943
177
2.97
0.76
97.40%

524
$159,496,457
904
202
4.62
0.58
97.27%

#N/A
$306,151

#N/A
$304,383

-26.71%
-27.14%
-4.14%
14.10%
55.70%
-17.86%
-0.13%
#DIV/0!
#N/A
-0.58%

220
$103,832,261
303
1,203
5.47
0.73
96.75%
62
$430,000
$400,250
$471,965
190

210
$104,369,205
380
1,536
7.31
0.55
96.21%
71
$422,300
$420,500
$496,996
186

-4.55%
0.52%
25.41%
27.68%
33.76%
-23.89%
-0.56%
15.20%
-1.79%
5.06%
5.30%
-1.79%

5,830
$2,794,172,310
8,759
1,562
3.21
0.67
97.44%
51
$416,692
$407,500
$479,275
184

4,562
$2,176,608,350
8,728
1,918
5.05
0.52
96.42%
59
$431,392
$406,000
$477,117
190

-21.75%
-22.10%
-0.35%
22.82%
0.57
-21.47%
-1.05%
15.69%
3.53%
-0.37%
-0.45%
3.53%

Months of Supply
Sales to New Listings Ratio
YTDSales to List Price Ratio
YTDDays on Market
YTDBenchmark Price
YTDMedian Price
YTDAverage Price
YTDIndex

FOOTHILLS REGION
m_mYTD Total Sales
m_mYTD Total Sales Volume
m_mYTD New Listings
m_mYTD Inventory

m_
m_
m_
m_
m_
m_

Months of Supply
Sales to New Listings Ratio
YTDSales to List Price Ratio
YTDDays on Market
YTDBenchmark Price
YTDMedian Price
YTDAverage Price
YTDIndex

AIRDRIE
m_a YTD Total Sales
m_a YTD Total Sales Volume
m_a YTD New Listings
m_a YTD Inventory
Months of Supply
Sales to New Listings Ratio
m_aYTDSales to List Price Ratio
m_aYTDDays on Market
m_aYTDBenchmark Price
m_aYTDMedian Price
m_aYTDAverage Price
m_aYTDIndex

OTHER ACTIVE AREAS


m_OYTD Total Sales
m_OYTD Total Sales Volume
m_OYTD New Listings
m_OYTD Inventory
Months of Supply
Sales to New Listings Ratio
m_OYTDSales to List Price Ratio
m_OYTDDays on Market
m_OYTDMedian Price
m_OYTDAverage Price

SURROUNDING AREA
m_SYTD Total Sales
m_SYTD Total Sales Volume
m_SYTD New Listings
m_SYTD Inventory
Months of Supply
Sales to New Listings Ratio
m_SYTDSales to List Price Ratio
m_SYTDDays on Market
m_SYTDBenchmark Price
m_SYTDMedian Price
m_SYTDAverage Price
m_SYTDIndex

For a list of definitions, see page 28.

Page 5

Price Comparisons

BENCHMARK PRICE - DECEMBER


600,000
500,000
400,000
300,000
200,000
100,000
Detached
CREB Economic Region

Attached

City of Calgary

Apartment

CREB Surrounding Area

Airdrie

Total Residential
Rockyview

Foothills

Source: CREB

YEAR OVER YEAR PRICE GROWTH COMPARISON - DECEMBER


0%
-2%
-4%
-6%
-8%
-10%
-12%
Detached

Attached

CREB Economic Region

City of Calgary

Apartment

CREB Surrounding Area

Airdrie

Total Residential
Rockyview

Foothills
Source: CREB

TYPICAL HOME ATTRIBUTES - DETACHED HOMES


City of
Calgary

City of
Airdrie

Rockyview
Region

Foothills
Region

Surrounding
Area

1,296
4,868
3
1984
2
1

1,448
4,669
3
1997
2
1

1,743
6,061
4
1999
2
1

1,403
5,597
3
1999
2
1

1,426
5,481
3
1999
2
1

Gross Living Area (Above Ground)


Lot Size
Above Ground Bedrooms
Year Built
Full Bathrooms
Half Bathrooms

Page 6

Area Comparisons

SALES DISTRIBUTION - DECEMBER


120%
100%
15%

17%

21%

22%

5%
18%

80%

2%
10%

4%
16%

9%
27%

60%
40%
64%

88%

80%

78%
61%

64%

20%
0%
CREB Economic
Region
Detached

City of Calgary

CREB
Surrounding Area

Attached

Apartment

Airdrie

Rockyview

Foothills

Source: CREB

INVENTORY BY PRICE RANGE - DECEMBER


1,200
1,000
800
600
400
200
0
<$200,000

$200,000 $299,999

City of Calgary

$300,000 $399,999

Airdrie

$400,000 $499,999

Rockyview

Foothills

$500,000 $599,999

$600,000 $699,999

$700,000 999,999

$1,000,000+

Other Active Areas


Source: CREB

MONTHS OF SUPPLY - DECEMBER


35.0
30.0
25.0
20.0
15.0
10.0
5.0
Detached
CREB Economic Region

Attached

City of Calgary

CREB Surrounding Area

Apartment
Airdrie

Rockyview

Foothills

Source: CREB

Page 7

City of Calgary

Total Residential

2014

Jan.
01/01/14

Feb.
02/01/14

Mar.
03/01/14

Apr.
04/01/14

May
05/01/14

Jun.
06/01/14

Jul.
07/01/14

Aug.
08/01/14

Sept.
09/01/14

Oct.
10/01/14

Nov.
11/01/14

Dec.
12/01/14

1,432
2,381
2,498
40
426,300
416,250
462,170
199

1,842
2,703
2,898
30
431,400
423,000
482,389
201

2,471
3,307
3,205
28
437,600
430,000
483,634
204

2,521
3,734
3,936
27
443,400
428,000
476,893
207

2,938
4,311
4,684
27
449,800
434,150
486,110
210

2,657
3,799
4,960
29
454,800
427,000
491,609
212

2,316
3,205
4,917
33
456,100
425,000
481,219
213

2,250
3,131
4,838
35
456,700
420,500
475,676
213

2,142
3,240
4,801
36
457,300
425,000
486,743
213

2,130
2,911
4,643
37
458,400
430,000
487,210
214

1,771
2,083
4,058
38
459,900
428,300
485,540
215

1,073
1,368
3,384
43
459,500
415,000
472,000
214

01/01/15

02/01/15

03/01/15

04/01/15

05/01/15

06/01/15

07/01/15

08/01/15

09/01/15

10/01/15

11/01/15

12/01/15

876
3,267
4,796
41
459,100
422,000
460,782

1,207
2,934
5,533
35
456,300
420,000
459,968

1,776
3,127
5,706
39
454,300
420,000
473,602

1,962
3,063
5,641
40
451,600
418,000
469,716

2,186
3,165
5,394
41
454,100
433,000
478,850

2,180
3,122
5,141
40
455,400
430,000
483,666

1,991
2,988
5,137
40
455,400
435,000
476,520

1,642
2,742
5,215
40
456,300
422,250
465,421

1,449
3,096
5,600
40
456,100
425,000
458,655

1,422
2,691
5,623
41
453,100
418,900
457,252

1,261
2,182
5,327
45
450,700
410,149
460,698

878
1,483
4,336
49
448,800
407,750
462,657

214

213

212

211

212

212

212

213

213

211

210

209

Dec-14
12/01/14

Dec-15
12/01/15

2014
12/01/14

2015
12/01/15

1
27
181
125
150
139
122
72
60
46
23
39
38
10
23
8
2
2
2
3
1,073

24
137
111
142
127
94
64
51
28
21
24
14
12
8
12
3
2
2
1
1
878

6
480
3,978
2,948
3,511
3,341
2,683
2,093
1,513
1,086
863
1,129
717
349
369
210
106
58
53
22
14
8
6
25,543

2
424
2,862
2,068
2,698
2,632
2,102
1,581
1,176
778
582
778
404
232
257
117
55
36
22
13
5
5
1
18,830

m_CM_RSales
m_CM_RNew Listings
m_CM_RInventory

m_cm_Days on Market
m_cm_Benchmark Price
m_cm_Median Price
m_cm_Average Price
m_cm_Index
2015
m_CM_RSales
m_CM_RNew Listings
m_CM_RInventory

m_cm_Days on Market
m_cm_Benchmark Price
m_cm_Median Price
m_cm_Average Price
m_cm_Index
CALGARY TOTAL SALES
m_Cytd_ >$100,000
m_Cytd_ $100,000 - $199,999
m_Cytd_ $200,000 - $299,999
m_Cytd_ $300,000 -$ 349,999
m_Cytd_ $350,000 - $399,999
m_Cytd_ $400,000 - $449,999
m_Cytd_ $450,000 - $499,999
m_Cytd_ $500,000 - $549,999
m_Cytd_ $550,000 - $599,999
m_Cytd_ $600,000 - $649,999
m_Cytd_ $650,000 - $699,999
m_Cytd_ $700,000 - $799,999
m_Cytd_ $800,000 - $899,999
m_Cytd_ $900,000 - $999,999
m_Cytd_ $1,000,000 - $1,249,999
m_Cytd_ $1,250,000 - $1,499,999
m_Cytd_ $1,500,000 - $1,749,999
m_Cytd_ $1,750,000 - $1,999,999
m_Cytd_ $2,000,000 - $2,499,999
m_Cytd_ $2,500,000 - $2,999,999
m_Cytd_ $3,000,000 - $3,499,999
m_Cytd_ $3,500,000 - $3,999,999
m_Cytd_ $4,000,000 +

CITY OF CALGARY SHARE OF SALES BY PRICE RANGE


35%
30%
25%
20%
15%
10%
5%
0%
<$200,000 $200,000 - $300,000 - $400,000 - $500,000 - $600,000 - $700,000 - $1,000,000+
$299,999 $399,999 $499,999 $599,999 $699,999
999,999

2012

2013

2014

2015

Source: CREB

Page 8

City of Calgary

Total Residential

CITY OF CALGARY TOTAL SALES

CITY OF CALGARY TOTAL NEW LISTINGS

30,000

50,000
45,000

25,000

40,000
35,000

20,000

30,000
25,000

15,000

20,000
10,000

15,000
10,000

5,000

5,000
0

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Detached

Apartment

Detached

Apartment

Attached

10 Year Average

Attached

10 Year Average

Source: CREB

CITY OF CALGARY INVENTORY AND SALES

Source: CREB

CITY OF CALGARY MONTHS OF INVENTORY


462,000

6,000

460,000
5,000

458,000
456,000

4,000

454,000
452,000

3,000
2,000
1,000
-

5
5
4
4
3
3

450,000

448,000

446,000

444,000

442,000

Dec. May. Oct. Mar. Aug. Jan. Jun. Nov. Apr. Sep. Feb. Jul. Dec.
'10 '11 '11 '12 '12 '13 '13 '13 '14 '14 '15 '15 '15

Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec.
'14 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15

Source: CREB
Inventory

Sales

Benchmark Price

Source: CREB

CITY OF CALGARY PRICE CHANGE

CITY OF CALGARY PRICES


520,000

15%

500,000
10%

480,000
460,000

5%

440,000
420,000

0%

400,000
380,000

-5%

360,000
340,000

-10%
Dec.
'10

Jun.
'11

Dec.
'11

Jun.
'12

Dec.
'12

Jun.
'13

Dec.
'13

Average Price Y/Y% Change

Jun.
'14

Dec.
'14

Jun.
'15

Source: CREB

320,000
Dec.
'10

Jun.
'11

Dec.
'11

Jun.
'12

Dec.
'12

Jun.
'13

Dec.
'13

Jun.
'14

Dec.
'14

Jun.
'15

Dec.
'15

Y/Y Median Price Change

Benchmark Y/Y% Change

Dec.
'15

Average Price

Median Price

Benchmark Price

Source: CREB

Page 9

City of Calgary
Detached

2014

Jan.
01/01/14

Feb.
02/01/14

Mar.
03/01/14

Apr.
04/01/14

May
05/01/14

Jun.
06/01/14

Jul.
07/01/14

Aug.
08/01/14

Sept.
09/01/14

Oct.
10/01/14

Nov.
11/01/14

Dec.
12/01/14

857
1,399
1,440
40
480,300
462,000
527,799
199

1,080
1,556
1,651
29
486,800
480,000
553,493
202

1,506
1,963
1,783
26
494,500
492,750
557,976
205

1,533
2,254
2,247
25
500,800
487,500
549,870
208

1,774
2,576
2,669
25
508,300
497,000
561,081
211

1,550
2,282
2,892
27
513,600
493,500
566,233
213

1,364
1,862
2,833
32
515,700
488,750
559,445
214

1,278
1,793
2,788
33
516,000
480,000
548,516
214

1,224
1,868
2,731
35
516,000
495,000
573,864
214

1,290
1,626
2,540
36
517,200
493,500
559,956
214

1,033
1,126
2,158
38
518,600
483,786
564,300
215

604
761
1,791
41
518,600
476,000
550,973
215

01/01/15

02/01/15

03/01/15

04/01/15

05/01/15

06/01/15

07/01/15

08/01/15

09/01/15

10/01/15

11/01/15

12/01/15

533
1,835
2,583
37
518,600
481,000
525,826

740
1,671
2,980
34
516,000
470,000
526,271

1,080
1,774
3,029
37
513,800
475,000
545,296

1,150
1,770
3,048
38
510,200
479,200
545,043

1,362
1,876
2,926
38
512,800
485,000
541,937

1,331
1,831
2,793
37
515,500
493,400
554,022

1,220
1,731
2,756
37
515,300
489,000
541,693

994
1,643
2,834
37
516,000
484,000
536,722

906
1,769
3,031
37
517,200
475,000
524,987

871
1,441
2,923
38
513,800
470,000
519,003

797
1,185
2,688
43
510,700
465,000
523,332

533
793
2,138
47
508,700
455,000
533,611

215

214

213

211

213

214

214

214

214

213

212

211

Dec-14
12/01/14

Dec-15
12/01/15

2014
12/01/14

2015
12/01/15

20
35
95
102
76
58
45
24
16
18
8
9
7
11
3
2
2
1
1
533

1
5
234
957
2,095
2,528
2,199
1,818
1,314
941
691
829
504
256
295
178
99
55
50
21
10
8
5
15,093

m_CM_d Sales
m_CM_d New Listings
m_CM_d Inventory

m_cm_Days on Market
m_cm_Benchmark Price
m_cm_Median Price
m_cm_Average Price
m_cm_Index
2015
m_CM_d Sales
m_CM_d New Listings
m_CM_d Inventory

m_cm_Days on Market
m_cm_Benchmark Price
m_cm_Median Price
m_cm_Average Price
m_cm_Index
CALGARY TOTAL SALES
m_Cytd_ >$100,000
m_Cytd_ $100,000 - $199,999
m_Cytd_ $200,000 - $299,999
m_Cytd_ $300,000 -$ 349,999
m_Cytd_ $350,000 - $399,999
m_Cytd_ $400,000 - $449,999
m_Cytd_ $450,000 - $499,999
m_Cytd_ $500,000 - $549,999
m_Cytd_ $550,000 - $599,999
m_Cytd_ $600,000 - $649,999
m_Cytd_ $650,000 - $699,999
m_Cytd_ $700,000 - $799,999
m_Cytd_ $800,000 - $899,999
m_Cytd_ $900,000 - $999,999
m_Cytd_ $1,000,000 - $1,249,999
m_Cytd_ $1,250,000 - $1,499,999
m_Cytd_ $1,500,000 - $1,749,999
m_Cytd_ $1,750,000 - $1,999,999
m_Cytd_ $2,000,000 - $2,499,999
m_Cytd_ $2,500,000 - $2,999,999
m_Cytd_ $3,000,000 - $3,499,999
m_Cytd_ $3,500,000 - $3,999,999
m_Cytd_ $4,000,000 +

7
47
80
105
98
66
53
42
16
27
27
6
16
5
2
2
2
3
604

CALGARY DETACHED SHARE OF SALES BY PRICE RANGE

5
163
649
1,682
2,188
1,765
1,405
1,063
661
465
558
297
169
217
106
52
31
22
12
4
2
1
11,517

40%
35%
30%
25%
20%
15%
10%
5%
0%
<$200,000 $200,000 - $300,000 - $400,000 - $500,000 - $600,000 - $700,000 - $1,000,000+
$299,999 $399,999 $499,999 $599,999 $699,999
999,999

2012

2013

2014

2015

Source: CREB

Page 10

City of Calgary
Detached

CALGARY DETACHED TOTAL SALES

CALGARY DETACHED TOTAL NEW LISTINGS

18,000

30,000

16,000

25,000

14,000

20,000

12,000
10,000

15,000

8,000
10,000

6,000
4,000

5,000

2,000
0

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Detached

Detached

10 Year Average

10 Year Average
Source: CREB

Source: CREB

CALGARY DETACHED INVENTORY AND SALES

CALGARY DETACHED MONTHS OF INVENTORY

3,500

520,000
518,000

3,000

5
4

516,000
2,500

514,000

4
3

2,000

512,000

1,500

510,000

508,000

506,000

504,000

502,000

Dec. '10

1,000
500
Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec.
'14 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Source: CREB
Inventory

Sales

Benchmark Price

Source: CREB

CALGARY DETACHED PRICE CHANGE

CALGARY DETACHED PRICES

15%

620,000

10%

570,000
520,000

5%

470,000
0%
420,000
-5%

370,000

-10%
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Average Y/Y% Change

Dec. '14

320,000
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Median Y/Y% change

Benchmark Y/Y% Change

Dec. '15

Source: CREB

Average Price

Median Price

Benchmark Price

Source: CREB

Page 11

City of Calgary
Attached

2014

Jan.
01/01/14

Feb.
02/01/14

Mar.
03/01/14

Apr.
04/01/14

May
05/01/14

Jun.
06/01/14

Jul.
07/01/14

Aug.
08/01/14

Sept.
09/01/14

Oct.
10/01/14

Nov.
11/01/14

Dec.
12/01/14

312
492
498
40
331,100
345,000
405,980
194

402
568
575
30
334,300
351,000
430,262
196

512
673
641
29
336,700
345,000
417,941
197

534
786
754
27
341,800
343,600
400,967
200

649
917
907
28
347,800
350,000
416,294
204

627
797
938
28
351,400
340,100
414,099
206

504
680
951
32
352,600
353,000
410,608
207

516
682
933
34
355,000
354,250
424,267
208

483
680
933
34
356,400
350,000
410,642
209

452
663
961
37
356,200
350,000
420,564
209

411
481
859
36
357,600
358,000
417,830
209

247
303
740
45
356,200
345,000
416,711
209

01/01/15

02/01/15

03/01/15

04/01/15

05/01/15

06/01/15

07/01/15

08/01/15

09/01/15

10/01/15

11/01/15

12/01/15

189
687
1,013
42
356,000
342,000
403,897

252
670
1,213
34
354,600
345,000
396,866

394
681
1,249
39
354,800
346,250
405,580

460
685
1,225
41
353,300
350,250
409,604

465
676
1,157
43
354,000
352,500
410,358

450
680
1,136
44
354,500
345,000
418,687

447
675
1,136
44
355,300
353,000
418,161

367
585
1,154
44
356,700
355,000
402,313

284
670
1,276
41
357,000
340,750
394,771

314
663
1,334
41
354,100
335,854
390,908

269
508
1,286
49
352,400
340,000
391,718

194
349
1,078
49
351,400
332,430
391,034

209

208

208

207

207

208

208

209

209

207

206

206

Dec-14
12/01/14

Dec-15
12/01/15

2014
12/01/14

2015
12/01/15

118
1,425
1,292
877
461
309
142
123
110
156
270
196
74
66
23
4
1
2
5,649

95
1,071
920
690
285
221
121
77
94
110
204
96
56
32
10
1
2
4,085

m_CM_ASales
m_CM_ANew Listings
m_CM_AInventory

m_cm_Days on Market
m_cm_Benchmark Price
m_cm_Median Price
m_cm_Average Price
m_cm_Index
2015
m_CM_ASales
m_CM_ANew Listings
m_CM_AInventory

m_cm_Days on Market
m_cm_Benchmark Price
m_cm_Median Price
m_cm_Average Price
m_cm_Index
CALGARY TOTAL SALES
m_Cytd_ >$100,000
m_Cytd_ $100,000 - $199,999
m_Cytd_ $200,000 - $299,999
m_Cytd_ $300,000 -$ 349,999
m_Cytd_ $350,000 - $399,999
m_Cytd_ $400,000 - $449,999
m_Cytd_ $450,000 - $499,999
m_Cytd_ $500,000 - $549,999
m_Cytd_ $550,000 - $599,999
m_Cytd_ $600,000 - $649,999
m_Cytd_ $650,000 - $699,999
m_Cytd_ $700,000 - $799,999
m_Cytd_ $800,000 - $899,999
m_Cytd_ $900,000 - $999,999
m_Cytd_ $1,000,000 - $1,249,999
m_Cytd_ $1,250,000 - $1,499,999
m_Cytd_ $1,500,000 - $1,749,999
m_Cytd_ $1,750,000 - $1,999,999
m_Cytd_ $2,000,000 - $2,499,999
m_Cytd_ $2,500,000 - $2,999,999
m_Cytd_ $3,000,000 - $3,499,999
m_Cytd_ $3,500,000 - $3,999,999
m_Cytd_ $4,000,000 +

7
72
47
41
21
11
2
3
3
6
11
11
4
6
2
247

3
54
54
26
14
10
4
6
4
5
5
5
2
1
1
194

CALGARY ATTACHED SHARE OF SALES BY PRICE RANGE


45%
40%
35%
30%
25%
20%
15%
10%
5%
0%
<$200,000 $200,000 - $300,000 - $400,000 - $500,000 - $600,000 - $700,000 - $1,000,000+
$299,999 $399,999 $499,999 $599,999 $699,999
999,999

2012

2013

2014

2015

Source: CREB

Page 12

City of Calgary
Attached

CALGARY ATTACHED TOTAL SALES

CALGARY ATTACHED TOTAL NEW LISTINGS

6,000

9,000
8,000

5,000

7,000
6,000

4,000

5,000
3,000

4,000
3,000

2,000

2,000
1,000

1,000
0

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Attached

Attached

10 Year Average

10 Year Average
Source: CREB

Source: CREB

CALGARY ATTACHED INVENTORY AND SALES

CALGARY ATTACHED MONTHS OF INVENTORY

1,600

358,000

1,400

357,000
356,000

1,200

6
5

355,000

1,000

354,000

800

353,000

600

352,000
351,000

400

350,000

200

4
3
2
1

349,000
348,000

Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec.
'14 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15

Dec. '10

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Source: CREB
Inventory

Sales

Benchmark Price

Source: CREB

CALGARY ATTACHED PRICE CHANGE

CALGARY ATTACHED PRICES


450,000

20%

430,000
15%

410,000
390,000

10%

370,000
5%

350,000
330,000

0%

310,000
290,000

-5%

270,000
-10%
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Average Y/Y% Change

Dec. '14

250,000
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Median Y/Y% change

Benchmark Y/Y% Change

Dec. '15

Source: CREB

Average Price

Median Price

Benchmark Price

Source: CREB

Page 13

City of Calgary
Apartment

2014

Jan.
01/01/14

Feb.
02/01/14

Mar.
03/01/14

Apr.
04/01/14

May
05/01/14

Jun.
06/01/14

Jul.
07/01/14

Aug.
08/01/14

Sept.
09/01/14

Oct.
10/01/14

Nov.
11/01/14

Dec.
12/01/14

263
490
560
43
280,800
277,000
314,971
196

360
579
672
33
283,700
289,950
327,288
198

453
671
781
31
287,600
286,000
310,733
201

454
694
935
34
291,800
282,750
319,780
204

515
818
1,108
33
295,400
284,000
315,845
206

480
720
1,130
37
299,700
282,750
351,880
209

448
663
1,133
40
298,100
284,223
322,486
208

456
656
1,117
40
298,400
287,750
329,704
209

435
692
1,137
39
298,700
294,500
326,100
209

388
622
1,142
40
300,100
283,650
322,985
210

327
476
1,041
41
300,700
290,000
321,836
210

222
304
853
46
300,400
288,900
318,652
210

01/01/15

02/01/15

03/01/15

04/01/15

05/01/15

06/01/15

07/01/15

08/01/15

09/01/15

10/01/15

11/01/15

12/01/15

154
745
1,200
55
298,700
268,875
305,473

215
593
1,340
40
296,000
267,500
305,723

302
672
1,428
43
293,300
271,500
305,957

352
608
1,368
45
291,300
274,750
302,175

359
613
1,311
48
294,800
280,500
328,222

399
611
1,212
48
293,600
275,000
322,251

324
582
1,245
47
293,300
284,500
311,631

281
514
1,227
47
294,100
266,000
295,627

259
657
1,293
49
290,600
265,000
296,671

237
587
1,366
50
288,300
286,000
318,210

195
489
1,353
50
287,000
272,500
299,858

151
341
1,120
56
285,500
286,500
304,226

209

207

205

204

206

205

205

206

203

201

201

200

Dec-14
12/01/14

Dec-15
12/01/15

2014
12/01/14

2015
12/01/15

1
20
102
31
29
13
13
4
4
1
1
1
1
1
222

21
63
22
21
11
8
2
1
1
1
151

5
357
2,319
699
539
352
175
133
76
35
16
30
17
19
8
9
3
2
1
1
4
1
4,801

2
324
1,628
499
326
159
116
55
36
23
7
16
11
7
8
1
2
3
1
1
3
3,228

m_CM_a Sales
m_CM_a New Listings
m_CM_a Inventory

m_cm_Days on Market
m_cm_Benchmark Price
m_cm_Median Price
m_cm_Average Price
m_cm_Index
2015
m_CM_a Sales
m_CM_a New Listings
m_CM_a Inventory

m_cm_Days on Market
m_cm_Benchmark Price
m_cm_Median Price
m_cm_Average Price
m_cm_Index
CALGARY TOTAL SALES
m_Cytd_ >$100,000
m_Cytd_ $100,000 - $199,999
m_Cytd_ $200,000 - $299,999
m_Cytd_ $300,000 -$ 349,999
m_Cytd_ $350,000 - $399,999
m_Cytd_ $400,000 - $449,999
m_Cytd_ $450,000 - $499,999
m_Cytd_ $500,000 - $549,999
m_Cytd_ $550,000 - $599,999
m_Cytd_ $600,000 - $649,999
m_Cytd_ $650,000 - $699,999
m_Cytd_ $700,000 - $799,999
m_Cytd_ $800,000 - $899,999
m_Cytd_ $900,000 - $999,999
m_Cytd_ $1,000,000 - $1,249,999
m_Cytd_ $1,250,000 - $1,499,999
m_Cytd_ $1,500,000 - $1,749,999
m_Cytd_ $1,750,000 - $1,999,999
m_Cytd_ $2,000,000 - $2,499,999
m_Cytd_ $2,500,000 - $2,999,999
m_Cytd_ $3,000,000 - $3,499,999
m_Cytd_ $3,500,000 - $3,999,999
m_Cytd_ $4,000,000 +

CALGARY SHARE OF APPARTMENT SALES BY PRICE RANGE


60%

50%

40%

30%

20%

10%

0%
<$200,000 $200,000 - $300,000 - $400,000 - $500,000 - $600,000 - $700,000 - $1,000,000+
$299,999 $399,999 $499,999 $599,999 $699,999
999,999

2012

2013

2014

2015

Source: CREB

Page 14

City of Calgary
Apartment

CALGARY APARTMENT TOTAL SALES

CALGARY APARTMENT TOTAL NEW LISTINGS

6,000

10,000
9,000

5,000

8,000
7,000

4,000

6,000
5,000

3,000

4,000
2,000

3,000
2,000

1,000

1,000
0

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Apartment

Apartment

10 Year Average

10 Year Average
Source: CREB

Source: CREB

CALGARY APARTMENT INVENTORY AND SALES

CALGARY APARTMENT MONTHS OF INVENTORY


305,000

1,600

8
1,400

300,000

1,200
295,000

1,000

7
6
5

290,000

800
600

285,000

400

4
3
2

280,000

200

275,000

Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec.
'14 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15

1
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Source: CREB
inventory

Sales

Benchmark Price

Source: CREB

CALGARY APARTMENT PRICE CHANGE

CALGARY APARTMENT PRICES

25%

360,000

20%

340,000

15%

320,000

10%

300,000

5%

280,000

0%
-5%

260,000

-10%

240,000

-15%

220,000

-20%
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Average Y/Y% Change

Dec. '14

200,000
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Median Y/Y% change

Benchmark Y/Y% Change

Dec. '15

Source: CREB

Average Price

Median Price

Benchmark Price

Source: CREB

Page 15

Airdrie

Total Residential
2014
m_AIR_RSales
m_AIR_RNew Listings
m_AIR_RInventory

Jan.
01/01/14

Feb.
02/01/14

Mar.
03/01/14

Apr.
04/01/14

May
05/01/14

Jun.
06/01/14

Jul.
07/01/14

Aug.
08/01/14

Sept.
09/01/14

Oct.
10/01/14

Nov.
11/01/14

Dec.
12/01/14

67
125
135
42
343,300
385,500
384,409
181

107
149
147
33
345,600
378,750
383,951
182

162
200
154
26
350,900
387,750
390,754
185

169
219
182
26
356,200
390,000
390,878
188

197
289
249
27
361,500
395,000
398,571
191

197
254
273
30
364,500
390,000
384,237
192

182
209
276
32
366,800
388,300
384,658
194

133
187
281
32
369,800
372,400
364,498
195

140
178
256
41
371,900
381,750
393,210
196

160
183
233
42
373,200
388,250
387,240
197

117
115
186
38
375,900
392,000
383,670
198

64
80
170
45
376,600
400,000
396,018
199

01/01/15

02/01/15

03/01/15

04/01/15

05/01/15

06/01/15

07/01/15

08/01/15

09/01/15

10/01/15

11/01/15

12/01/15

65
224
289
41
377,400
376,000
365,156

99
230
364
35
378,000
395,000
398,714

138
194
359
39
376,100
384,000
378,408

138
214
372
40
375,500
396,500
394,555

152
223
367
38
375,300
392,500
395,152

166
243
384
47
374,900
387,400
394,320

163
197
364
41
373,800
382,500
394,454

135
184
346
42
371,700
375,000
380,909

118
179
346
50
372,100
410,750
416,978

95
184
358
51
370,400
386,500
392,074

89
129
331
47
367,900
360,000
378,645

66
88
289
58
368,500
365,450
369,606

199

200

199

198

198

198

197

196

196

196

194

195

Dec-14
12/01/14

Dec-15
12/01/15

2014
12/01/14

2015
12/01/15

80
316
217
342
314
184
123
60
23
13
13
6
1
2
1
1,695

65
268
172
297
242
185
84
40
35
9
12
7
6
1
1
1,424

m_AIR_Days on Market
m_AIR_Benchmark Price
m_AIR_Median Price
m_AIR_Average Price
m_AIR_Index
2015
m_AIR_RSales
m_AIR_RNew Listings
m_AIR_RInventory

m_AIR_Days on Market
m_AIR_Benchmark Price
m_AIR_Median Price
m_AIR_Average Price
m_AIR_Index
AIRDRIE TOTAL SALES
m_Aytd_ >$100,000
m_Aytd_ $100,000 - $199,999
m_Aytd_ $200,000 - $299,999
m_Aytd_ $300,000 -$ 349,999
m_Aytd_ $350,000 - $399,999
m_Aytd_ $400,000 - $449,999
m_Aytd_ $450,000 - $499,999
m_Aytd_ $500,000 - $549,999
m_Aytd_ $550,000 - $599,999
m_Aytd_ $600,000 - $649,999
m_Aytd_ $650,000 - $699,999
m_Aytd_ $700,000 - $799,999
m_Aytd_ $800,000 - $899,999
m_Aytd_ $900,000 - $999,999
m_Aytd_ $1,000,000 - $1,249,999
m_Aytd_ $1,250,000 - $1,499,999
m_Aytd_ $1,500,000 - $1,749,999
m_Aytd_ $1,750,000 - $1,999,999
m_Aytd_ $2,000,000 - $2,499,999
m_Aytd_ $2,500,000 - $2,999,999
m_Aytd_ $3,000,000 - $3,499,999
m_Aytd_ $3,500,000 - $3,999,999
m_Aytd_ $4,000,000 +

2
10
9
10
12
12
6
2
1
64

3
17
6
15
10
9
3
3
66

AIRDRIE SHARE OF SALES BY PRICE RANGE


50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%
<$200,000 $200,000 - $300,000 - $400,000 - $500,000 - $600,000 - $700,000 - $1,000,000+
$299,999 $399,999 $499,999 $599,999 $699,999
999,999

2012

2013

2014

2015

Source: CREB

Page 16

Airdrie

Total Residential
AIRDRIE TOTAL SALES

AIRDRIE TOTAL NEW LISTINGS

1,800

2,500

1,600
2,000

1,400
1,200

1,500

1,000
800

1,000

600
400

500

200
0

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Total Residential

Total Residential

10 Year Average

10 Year Average
Source: CREB

Source: CREB

AIRDRIE INVENTORY AND SALES

AIRDRIE MONTHS OF INVENTORY

450

380,000

400

378,000

350

376,000

300

374,000

250

372,000

200

370,000

150

368,000

100

366,000

50

364,000

362,000

Dec. '10

Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec.
'14 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15

3
2

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Source: CREB
inventory

Sales

Benchmark Price

Source: CREB

AIRDRIE PRICE CHANGE

AIRDRIE PRICES

20%

430,000

15%

410,000
390,000

10%

370,000

5%

350,000

0%

330,000

-5%

310,000
290,000

-10%

270,000

-15%
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Average Y/Y% Change

Dec. '14

250,000
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Median Y/Y% change

Benchmark Y/Y% Change

Dec. '15

Source: CREB

Average Price

Median Price

Benchmark Price

Source: CREB

Page 17

Region of Rockyview

Total Residential

2014

Jan.
01/01/14

Feb.
02/01/14

Mar.
03/01/14

Apr.
04/01/14

May
05/01/14

Jun.
06/01/14

Jul.
07/01/14

Aug.
08/01/14

Sept.
09/01/14

Oct.
10/01/14

Nov.
11/01/14

Dec.
12/01/14

98
256
595
76
506,500
475,500
537,753
164

141
278
633
73
513,300
470,000
587,005
166

198
327
667
55
521,000
485,000
599,022
169

228
331
714
49
526,000
495,500
599,400
170

224
353
737
54
535,200
524,000
649,548
173

194
359
781
57
532,800
475,000
578,289
172

186
289
785
63
539,000
490,000
618,967
174

171
264
775
58
545,100
521,000
636,616
176

179
255
711
58
546,400
505,000
623,188
177

152
237
671
69
551,900
520,000
671,762
179

108
196
630
54
547,900
435,000
504,264
177

74
128
537
70
554,700
475,000
557,609
180

01/01/15

02/01/15

03/01/15

04/01/15

05/01/15

06/01/15

07/01/15

08/01/15

09/01/15

10/01/15

11/01/15

12/01/15

78
288
652
76
554,700
478,750
625,531

78
254
733
57
558,400
497,500
650,157

116
317
808
61
572,300
487,250
607,473

141
311
848
60
567,700
465,000
569,824

174
297
873
54
560,900
500,000
610,111

197
311
837
68
561,800
515,000
648,011

153
294
837
66
559,700
495,500
584,906

129
281
834
53
554,400
485,000
554,722

94
283
865
68
564,000
445,000
548,404

129
238
812
58
549,100
462,500
563,345

104
201
751
78
550,700
514,850
600,602

76
146
628
77
544,500
472,500
598,074

180

181

185

184

182

182

181

179

183

178

178

176

Dec-14
12/01/14

Dec-15
12/01/15

2014
12/01/14

2015
12/01/15

3
32
192
158
186
193
245
196
119
91
62
106
79
62
103
55
21
22
18
9
1
1,953

1
28
126
128
148
172
170
137
104
61
49
77
63
48
71
32
23
14
7
3
7
1,469

m_mdrv_Sales
m_mdrv_New Listings
m_mdrv_Inventory

m_mdrvDays on Market
m_mdrvBenchmark Price
m_mdrvMedian Price
m_mdrvAverage Price
m_mdrvIndex
2015
m_mdrv_Sales
m_mdrv_New Listings
m_mdrv_Inventory

m_mdrvDays on Market
m_mdrvBenchmark Price
m_mdrvMedian Price
m_mdrvAverage Price
m_mdrvIndex
ROCKYVIEW TOTAL SALE
m_mytd_ >$100,000
m_mytd_ $100,000 - $199,999
m_mytd_ $200,000 - $299,999
m_mytd_ $300,000 -$ 349,999
m_mytd_ $350,000 - $399,999
m_mytd_ $400,000 - $449,999
m_mytd_ $450,000 - $499,999
m_mytd_ $500,000 - $549,999
m_mytd_ $550,000 - $599,999
m_mytd_ $600,000 - $649,999
m_mytd_ $650,000 - $699,999
m_mytd_ $700,000 - $799,999
m_mytd_ $800,000 - $899,999
m_mytd_ $900,000 - $999,999
m_mytd_ $1,000,000 - $1,249,999
m_mytd_ $1,250,000 - $1,499,999
m_mytd_ $1,500,000 - $1,749,999
m_mytd_ $1,750,000 - $1,999,999
m_mytd_ $2,000,000 - $2,499,999
m_mytd_ $2,500,000 - $2,999,999
m_mytd_ $3,000,000 - $3,499,999
m_mytd_ $3,500,000 - $3,999,999
m_mytd_ $4,000,000 +

1
5
4
11
8
15
4
8
2
2
3
3
2
3
2
2
1
76

9
7
7
7
14
4
2
6
1
6
2
4
2
2
1
74

ROCKYVIEW SHARE OF SALES BY PRICE RANGE


30%

25%

20%

15%

10%

5%

0%
<$200,000 $200,000 - $300,000 - $400,000 - $500,000 - $600,000 - $700,000 - $1,000,000+
$299,999 $399,999 $499,999 $599,999 $699,999
999,999

2012

2013

2014

2015

Source: CREB

Page 18

Region of Rockyview

Total Residential

ROCKYVIEW TOTAL SALES

ROCKYVIEW TOTAL NEW LISTINGS

2,500

3,500
3,000

2,000
2,500
1,500

2,000
1,500

1,000

1,000
500

500
0

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Total Residential

Total Residential

10 Year Average

10 Year Average
Source: CREB

Source: CREB

ROCKYVIEW INVENTORY AND SALES

ROCKYVIEW MONTHS OF INVENTORY

1,000

575,000

900

570,000

800

565,000

12

560,000

10

555,000

700
600
500

550,000

400

14

545,000

300

200

540,000

100

535,000

530,000

Dec. '10

Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec.
'14 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Source: CREB
inventory

Sales

Benchmark Price

Source: CREB

ROCKYVIEW PRICE CHANGE

ROCKYVIEW PRICES

40%

700,000

30%

650,000
600,000

20%

550,000

10%

500,000

0%

450,000

-10%

400,000
350,000

-20%

300,000

-30%
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Average Y/Y% Change

Dec. '14

250,000
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Median Y/Y% change

Benchmark Y/Y% Change

Dec. '15

Source: CREB

Average Price

Median Price

Benchmark Price

Source: CREB

Page 19

Region of Foothills

Total Residential

2014

Jan.
01/01/14

Feb.
02/01/14

Mar.
03/01/14

Apr.
04/01/14

May
05/01/14

Jun.
06/01/14

Jul.
07/01/14

Aug.
08/01/14

Sept.
09/01/14

Oct.
10/01/14

Nov.
11/01/14

Dec.
12/01/14

70
182
371
73
364,300
427,837
473,452
169

89
169
410
60
369,900
390,900
459,478
172

112
199
442
47
378,900
412,000
492,041
176

157
233
479
60
384,500
430,000
504,194
179

170
271
537
51
386,700
437,500
530,348
180

164
243
538
49
385,200
432,500
529,946
179

151
243
569
53
387,300
407,000
504,947
180

135
216
575
51
388,800
410,000
517,009
181

124
218
571
57
392,500
402,500
495,263
182

139
173
520
59
390,300
409,500
491,495
181

97
127
458
58
393,300
424,900
476,317
183

59
81
373
73
393,600
392,000
508,311
183

01/01/15

02/01/15

03/01/15

04/01/15

05/01/15

06/01/15

07/01/15

08/01/15

09/01/15

10/01/15

11/01/15

12/01/15

56
191
437
85
394,400
384,870
457,085

67
196
509
71
393,600
383,000
494,242

113
236
587
65
404,300
400,000
454,984

104
219
640
71
400,200
414,500
495,971

127
234
643
61
403,900
461,500
567,143

124
230
649
60
405,800
404,250
501,445

109
211
661
71
404,100
428,000
627,925

106
187
642
69
400,700
421,750
467,709

105
189
615
81
403,900
410,000
526,671

94
180
579
81
396,400
419,000
489,709

88
137
530
75
391,000
419,750
454,372

52
104
460
75
386,700
480,000
555,408

183

183

188

186

188

189

188

186

188

184

182

180

Dec-14
12/01/14

Dec-15
12/01/15

2014
12/01/14

2015
12/01/15

1
66
249
156
202
167
130
86
60
56
38
70
54
38
54
20
11
3
1
2
1
1
1
1,467

5
44
177
153
141
138
105
70
55
27
34
48
43
27
40
16
9
4
4
3
1
1
1,145

m_mdFH Sales
m_mdFH New Listings
m_mdFH Inventory

m_mdFDays on Market
m_mdFBenchmark Price
m_mdFMedian Price
m_mdFAverage Price
m_mdFIndex
2015
m_mdFH Sales
m_mdFH New Listings
m_mdFH Inventory

m_mdFDays on Market
m_mdFBenchmark Price
m_mdFMedian Price
m_mdFAverage Price
m_mdFIndex
FOOTHILLS TOTAL SALES
m_mytd_ >$100,000
m_mytd_ $100,000 - $199,999
m_mytd_ $200,000 - $299,999
m_mytd_ $300,000 -$ 349,999
m_mytd_ $350,000 - $399,999
m_mytd_ $400,000 - $449,999
m_mytd_ $450,000 - $499,999
m_mytd_ $500,000 - $549,999
m_mytd_ $550,000 - $599,999
m_mytd_ $600,000 - $649,999
m_mytd_ $650,000 - $699,999
m_mytd_ $700,000 - $799,999
m_mytd_ $800,000 - $899,999
m_mytd_ $900,000 - $999,999
m_mytd_ $1,000,000 - $1,249,999
m_mytd_ $1,250,000 - $1,499,999
m_mytd_ $1,500,000 - $1,749,999
m_mytd_ $1,750,000 - $1,999,999
m_mytd_ $2,000,000 - $2,499,999
m_mytd_ $2,500,000 - $2,999,999
m_mytd_ $3,000,000 - $3,499,999
m_mytd_ $3,500,000 - $3,999,999
m_mytd_ $4,000,000 +

5
14
3
9
7
4
3
1
3
1
1
2
3
1
1
1
59

1
6
4
8
6
2
6
3
1
6
4
1
2
1
1
52

FOOTHILLS SHARE OF SALES BY PRICE RANGE


35%
30%
25%
20%
15%
10%
5%
0%
<$200,000 $200,000 - $300,000 - $400,000 - $500,000 - $600,000 - $700,000 - $1,000,000+
$299,999 $399,999 $499,999 $599,999 $699,999
999,999

2012

2013

2014

2015

Source: CREB

Page 20

Region of Foothills

Total Residential

FOOTHILLS TOTAL SALES

FOOTHILLS TOTAL NEW LISTINGS

1,800

3,500

1,600

3,000

1,400
2,500

1,200
1,000

2,000

800

1,500

600

1,000

400
500

200

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Total Residential

Total Residential

10 Year Average

10 Year Average
Source: CREB

Source: CREB

FOOTHILLS INVENTORY AND SALES

FOOTHILLS MONTHS OF INVENTORY

700

410,000

600

405,000

500

400,000

400

395,000

300

390,000

200

385,000

100

380,000

375,000

10
9
8
7

Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec.
'14 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15

6
5
4
3
2
1
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Source: CREB
inventory

Sales

Benchmark Price

Source: CREB

FOOTHILLS PRICE CHANGE

FOOTHILLS PRICES

40%

650,000

30%

600,000

20%

550,000
500,000

10%

450,000

0%

400,000
-10%

350,000

-20%

300,000

-30%
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Average Y/Y% Change

Dec. '14

250,000
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Median Y/Y% change

Benchmark Y/Y% Change

Dec. '15

Source: CREB

Average Price

Median Price

Benchmark Price

Source: CREB

Page 21

Surrounding Area

Total Residential

2014

Jan.
01/01/14

Feb.
02/01/14

Mar.
03/01/14

Apr.
04/01/14

May
05/01/14

Jun.
06/01/14

Jul.
07/01/14

Aug.
08/01/14

Sept.
09/01/14

Oct.
10/01/14

Nov.
11/01/14

Dec.
12/01/14

267
631
1,261
68
394,000
400,000
453,538
174

373
667
1,370
60
398,100
389,900
468,419
176

536
819
1,454
47
405,300
406,750
477,978
179

637
882
1,570
48
411,000
415,000
480,402
181

683
1,045
1,729
46
416,900
422,500
502,071
184

646
955
1,805
47
417,800
404,500
469,549
184

586
833
1,829
50
421,400
409,419
480,548
186

499
746
1,815
48
423,900
415,000
494,082
187

510
722
1,698
54
426,200
410,000
488,599
188

513
665
1,579
57
427,300
410,000
491,609
189

360
491
1,428
49
428,400
392,964
434,834
189

220
303
1,203
62
430,000
400,250
471,965
190

01/01/15

02/01/15

03/01/15

04/01/15

05/01/15

06/01/15

07/01/15

08/01/15

09/01/15

10/01/15

11/01/15

12/01/15

221
767
1,529
67
430,500
399,900
473,173

270
745
1,776
53
431,200
405,000
486,170

414
845
1,962
55
436,400
402,500
454,604

441
837
2,082
56
434,800
399,500
462,777

515
859
2,122
52
434,600
416,500
496,675

550
869
2,091
60
435,000
407,750
499,141

489
789
2,083
59
434,100
415,000
496,934

426
732
2,040
56
430,900
400,000
445,029

354
711
2,037
64
434,100
410,000
472,681

354
665
1,956
63
427,500
402,250
472,725

318
529
1,804
66
425,300
401,000
460,814

210
380
1,536
71
422,300
420,500
496,996

190

190

193

192

192

192

192

190

192

189

188

186

Dec-14
12/01/14

Dec-15
12/01/15

2014
12/01/14

2015
12/01/15

14
278
976
679
855
747
573
414
248
171
117
192
139
101
159
76
32
25
19
11
2
1
1
5,830

11
199
759
549
678
605
479
294
203
124
93
137
113
81
112
49
32
18
11
6
7
1
1
4,562

m_SA_R Sales
m_SA_R New Listings
m_SA_R Inventory

m_SA_ Days on Market


m_SA_ Benchmark Price
m_SA_ Median Price
m_SA_ Average Price
m_SA_ Index
2015
m_SA_R Sales
m_SA_R New Listings
m_SA_R Inventory

m_SA_ Days on Market


m_SA_ Benchmark Price
m_SA_ Median Price
m_SA_ Average Price
m_SA_ Index
SURROUNDING AREA SA
m_Sytd_ >$100,000
m_Sytd_ $100,000 - $199,999
m_Sytd_ $200,000 - $299,999
m_Sytd_ $300,000 -$ 349,999
m_Sytd_ $350,000 - $399,999
m_Sytd_ $400,000 - $449,999
m_Sytd_ $450,000 - $499,999
m_Sytd_ $500,000 - $549,999
m_Sytd_ $550,000 - $599,999
m_Sytd_ $600,000 - $649,999
m_Sytd_ $650,000 - $699,999
m_Sytd_ $700,000 - $799,999
m_Sytd_ $800,000 - $899,999
m_Sytd_ $900,000 - $999,999
m_Sytd_ $1,000,000 - $1,249,999
m_Sytd_ $1,250,000 - $1,499,999
m_Sytd_ $1,500,000 - $1,749,999
m_Sytd_ $1,750,000 - $1,999,999
m_Sytd_ $2,000,000 - $2,499,999
m_Sytd_ $2,500,000 - $2,999,999
m_Sytd_ $3,000,000 - $3,499,999
m_Sytd_ $3,500,000 - $3,999,999
m_Sytd_ $4,000,000 +

9
42
24
30
27
31
13
5
9
2
8
3
6
5
3
2
1
220

6
33
16
37
27
27
13
14
2
4
9
7
3
5
3
1
2
1
210

SURROUNDING AREA SHARE OF SALES BY PRICE RANGE


35%
30%
25%
20%
15%
10%
5%
0%
<$200,000 $200,000 - $300,000 - $400,000 - $500,000 - $600,000 - $700,000 - $1,000,000+
$299,999 $399,999 $499,999 $599,999 $699,999
999,999

2012

2013

2014

2015

Source: CREB

Page 22

Surrounding Area

Total Residential

SURROUNDING AREA SALES

SURROUNDING AREA NEW LISTINGS

7,000

12,000

6,000

10,000

5,000

8,000

4,000
6,000
3,000
4,000

2,000

2,000

1,000

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Total Residential

Total Residential

10 Year Average

10 Year Average
Source: CREB

Source: CREB

SURROUNDING AREA INVENTORY AND SALES

SURROUNDING AREA MONTHS OF INVENTORY


440,000

2,500

10
2,000

435,000

1,500

430,000

1,000

425,000

500

420,000

415,000

9
8
7
6
5
4
3
2
1

Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec.
'14 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15

Dec. '10

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Source: CREB
inventory

Sales

Benchmark Price

Source: CREB

SURROUNDING AREA PRICE CHANGE

SURROUNDING AREA PRICES


550,000

25%
20%

500,000

15%
10%

450,000

5%
400,000

0%
-5%

350,000

-10%
300,000

-15%
-20%
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Average Y/Y% Change

Dec. '14

250,000
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Median Y/Y% change

Benchmark Y/Y% Change

Dec. '15

Source: CREB

Average Price

Median Price

Benchmark Price

Source: CREB

Page 23

Economic Region

Total Residential

2014

Jan.
01/01/14

Feb.
02/01/14

Mar.
03/01/14

Apr.
04/01/14

May
05/01/14

Jun.
06/01/14

Jul.
07/01/14

Aug.
08/01/14

Sept.
09/01/14

Oct.
10/01/14

Nov.
11/01/14

Dec.
12/01/14

1,699
3,012
3,760
45
421,500
414,500
460,813
196

2,215
3,370
4,269
35
426,500
417,000
480,037
198

3,007
4,126
4,661
31
432,700
425,900
482,626
201

3,158
4,616
5,508
31
438,500
425,000
477,601
204

3,621
5,356
6,414
31
445,000
430,000
489,121
207

3,303
4,754
6,766
33
449,300
424,100
487,294
209

2,902
4,038
6,746
37
450,800
423,000
481,084
209

2,749
3,877
6,653
37
451,600
420,000
479,017
210

2,652
3,962
6,499
39
452,500
422,885
487,100
210

2,643
3,576
6,222
41
453,600
427,000
488,063
211

2,131
2,574
5,486
40
454,900
420,500
476,974
211

1,293
1,671
4,587
46
454,400
414,500
471,994
211

01/01/15

02/01/15

03/01/15

04/01/15

05/01/15

06/01/15

07/01/15

08/01/15

09/01/15

10/01/15

11/01/15

12/01/15

1,097
4,034
6,325
46
454,200
416,000
463,278

1,477
3,679
7,309
38
451,900
417,500
464,758

2,190
3,972
7,668
42
450,600
416,850
470,011

2,403
3,900
7,723
43
448,200
415,000
468,443

2,701
4,024
7,516
43
450,400
430,000
482,249

2,730
3,991
7,232
44
451,400
425,000
486,783

2,480
3,777
7,220
44
451,400
431,250
480,545

2,068
3,474
7,255
43
451,600
418,700
461,220

1,803
3,807
7,637
45
451,900
424,000
461,409

1,776
3,356
7,579
45
448,400
417,000
460,336

1,579
2,711
7,131
49
445,800
410,000
460,721

1,088
1,863
5,872
54
443,900
410,000
469,285

211

210

209

208

209

210

210

210

210

208

207

206

Dec-14
12/01/14

Dec-15
12/01/15

2014
12/01/14

2015
12/01/15

1
36
223
149
180
166
153
85
65
55
25
47
41
16
28
11
2
4
2
4
1,293

30
170
127
179
154
121
77
65
30
25
33
21
15
13
15
4
4
2
2
1
1,088

20
758
4,954
3,627
4,366
4,088
3,256
2,507
1,761
1,257
980
1,321
856
450
528
286
138
83
72
33
16
9
7
31,373

13
623
3,621
2,617
3,376
3,237
2,581
1,875
1,379
902
675
915
517
313
369
166
87
54
33
19
12
6
2
23,392

m_CREBSales
m_CREBNew Listings
m_CREBInventory

m_CREDays on Market
m_CREBenchmark Price
m_CREMedian Price
m_CREAverage Price
m_CREIndex
2015
m_CREBSales
m_CREBNew Listings
m_CREBInventory

m_CREDays on Market
m_CREBenchmark Price
m_CREMedian Price
m_CREAverage Price
m_CREIndex
CREB SALES
m_Cytd_ >$100,000
m_Cytd_ $100,000 - $199,999
m_Cytd_ $200,000 - $299,999
m_Cytd_ $300,000 -$ 349,999
m_Cytd_ $350,000 - $399,999
m_Cytd_ $400,000 - $449,999
m_Cytd_ $450,000 - $499,999
m_Cytd_ $500,000 - $549,999
m_Cytd_ $550,000 - $599,999
m_Cytd_ $600,000 - $649,999
m_Cytd_ $650,000 - $699,999
m_Cytd_ $700,000 - $799,999
m_Cytd_ $800,000 - $899,999
m_Cytd_ $900,000 - $999,999
m_Cytd_ $1,000,000 - $1,249,999
m_Cytd_ $1,250,000 - $1,499,999
m_Cytd_ $1,500,000 - $1,749,999
m_Cytd_ $1,750,000 - $1,999,999
m_Cytd_ $2,000,000 - $2,499,999
m_Cytd_ $2,500,000 - $2,999,999
m_Cytd_ $3,000,000 - $3,499,999
m_Cytd_ $3,500,000 - $3,999,999
m_Cytd_ $4,000,000 +

CREB SHARE OF SALES BY PRICE RANGE


35%
30%
25%
20%
15%
10%
5%
0%
<$200,000 $200,000 - $300,000 - $400,000 - $500,000 - $600,000 - $700,000 - $1,000,000+
$299,999 $399,999 $499,999 $599,999 $699,999
999,999

2012

2013

2014

2015

Source: CREB

Page 24

Economic Region

Total Residential

CREB SALES

CREB NEW LISTINGS

35,000

60,000

30,000

50,000

25,000

40,000

20,000
30,000
15,000
20,000

10,000

10,000

5,000

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Total Residential

Total Residential

10 Year Average

10 Year Average
Source: CREB

Source: CREB

CREB INVENTORY AND SALES

CREB MONTHS OF INVENTORY

9,000

456,000

8,000

454,000

7,000

452,000

6,000

450,000

5,000

448,000

4,000

446,000

3,000

444,000

2,000

442,000

1,000

440,000
438,000

Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec.
'14 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15

6
5
4

1
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Source: CREB
inventory

Sales

Benchmark Price

Source: CREB

CREB PRICE CHANGE

CREB PRICES
550,000

12%
10%

500,000

8%
6%

450,000

4%
2%

400,000

0%
350,000

-2%
-4%

300,000

-6%
-8%
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Average Y/Y% Change

Dec. '14

250,000
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Median Y/Y% change

Benchmark Y/Y% Change

Dec. '15

Source: CREB

Average Price

Median Price

Benchmark Price

Source: CREB

Page 25

Caglary CMA

Total Residential

2014

Jan.
01/01/14

Feb.
02/01/14

Mar.
03/01/14

Apr.
04/01/14

May
05/01/14

Jun.
06/01/14

Jul.
07/01/14

Aug.
08/01/14

Sept.
09/01/14

Oct.
10/01/14

Nov.
11/01/14

Dec.
12/01/14

1,597
2,762
3,228
43
425,700
416,000
463,545
197

2,090
3,130
3,678
33
430,700
422,500
484,408
199

2,831
3,834
4,026
30
436,700
430,000
486,389
202

2,918
4,284
4,832
28
442,600
430,000
481,483
205

3,359
4,953
5,670
29
449,300
435,000
491,875
208

3,048
4,412
6,014
31
453,800
426,000
490,186
210

2,684
3,703
5,978
35
455,300
426,150
484,217
211

2,554
3,582
5,894
36
456,200
423,350
480,662
211

2,461
3,673
5,768
38
456,800
425,000
491,346
211

2,442
3,331
5,547
39
458,100
430,000
492,147
212

1,996
2,394
4,874
39
459,400
425,000
480,581
213

1,211
1,576
4,091
44
459,200
417,000
473,216
212

01/01/15

02/01/15

03/01/15

04/01/15

05/01/15

06/01/15

07/01/15

08/01/15

09/01/15

10/01/15

11/01/15

12/01/15

1,019
3,779
5,737
44
458,800
420,000
467,293

1,384
3,418
6,630
36
456,600
420,000
466,305

2,030
3,638
6,873
40
454,900
420,000
474,781

2,241
3,588
6,861
41
452,100
417,000
471,386

2,512
3,685
6,634
41
454,200
432,500
482,877

2,543
3,676
6,362
43
455,500
430,000
490,565

2,307
3,479
6,338
42
455,300
435,000
477,910

1,906
3,207
6,395
41
456,000
420,250
465,479

1,661
3,558
6,811
42
455,700
425,000
460,773

1,646
3,113
6,793
43
452,500
420,000
461,805

1,454
2,512
6,409
47
450,300
413,750
465,682

1,020
1,717
5,253
52
448,400
410,000
466,726

212

211

210

209

210

211

211

211

211

209

208

207

Dec-14
12/01/14

Dec-15
12/01/15

2014
12/01/14

2015
12/01/15

1
29
200
141
167
158
148
82
64
52
24
45
41
14
25
10
2
3
2
3
1,211

28
159
121
168
145
118
71
62
30
23
27
17
14
11
14
3
4
2
2
1
1,020

9
592
4,486
3,323
4,039
3,848
3,112
2,412
1,692
1,200
938
1,248
802
412
474
266
127
80
71
31
15
8
6
29,191

3
517
3,256
2,368
3,143
3,046
2,457
1,802
1,320
874
640
867
474
286
329
150
78
50
29
16
12
5
1
21,723

m_Cma_ Sales
m_Cma_ New Listings
m_Cma_ Inventory

m_CmaDays on Market
m_CmaBenchmark Price
m_CmaMedian Price
m_CmaAverage Price
m_CmaIndex
2015
m_Cma_ Sales
m_Cma_ New Listings
m_Cma_ Inventory

m_CmaDays on Market
m_CmaBenchmark Price
m_CmaMedian Price
m_CmaAverage Price
m_CmaIndex
CALGARY CMA SALES
m_Cytd_ >$100,000
m_Cytd_ $100,000 - $199,999
m_Cytd_ $200,000 - $299,999
m_Cytd_ $300,000 -$ 349,999
m_Cytd_ $350,000 - $399,999
m_Cytd_ $400,000 - $449,999
m_Cytd_ $450,000 - $499,999
m_Cytd_ $500,000 - $549,999
m_Cytd_ $550,000 - $599,999
m_Cytd_ $600,000 - $649,999
m_Cytd_ $650,000 - $699,999
m_Cytd_ $700,000 - $799,999
m_Cytd_ $800,000 - $899,999
m_Cytd_ $900,000 - $999,999
m_Cytd_ $1,000,000 - $1,249,999
m_Cytd_ $1,250,000 - $1,499,999
m_Cytd_ $1,500,000 - $1,749,999
m_Cytd_ $1,750,000 - $1,999,999
m_Cytd_ $2,000,000 - $2,499,999
m_Cytd_ $2,500,000 - $2,999,999
m_Cytd_ $3,000,000 - $3,499,999
m_Cytd_ $3,500,000 - $3,999,999
m_Cytd_ $4,000,000 +

CALGARY CMA SHARE OF SALES BY PRICE RANGE


35%
30%
25%
20%
15%
10%
5%
0%
<$200,000 $200,000 - $300,000 - $400,000 - $500,000 - $600,000 - $700,000 - $1,000,000+
$299,999 $399,999 $499,999 $599,999 $699,999
999,999

2012

2013

2014

2015

Source: CREB

Page 26

Calgary CMA

Total Residential

CALGARY CMA SALES

CALGARY CMA NEW LISTINGS

35,000

60,000

30,000

50,000

25,000

40,000

20,000
30,000
15,000
20,000

10,000

10,000

5,000

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Total Residential

Total Residential

10 Year Average

10 Year Average
Source: CREB

Source: CREB

CALGARY CMA INVENTORY AND SALES

CALGARY CMA MONTHS OF INVENTORY

8,000

462,000

7,000

460,000
458,000

6,000

6
5

456,000

5,000

454,000

4,000

452,000

3,000

450,000
448,000

2,000

446,000

1,000

4
3
2
1

444,000
442,000

Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec.
'14 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15 '15

Dec. '10

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Source: CREB
inventory

Sales

Benchmark Price

Source: CREB

CALGARY CMA PRICE CHANGE

CALGARY CMA PRICES


550,000

12%
10%

500,000

8%
6%

450,000

4%
2%

400,000

0%
350,000

-2%
-4%

300,000

-6%
-8%
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Average Y/Y% Change

Dec. '14

250,000
Dec. '10

Dec. '11

Dec. '12

Dec. '13

Dec. '14

Dec. '15

Median Y/Y% change

Benchmark Y/Y% Change

Dec. '15

Source: CREB

Average Price

Median Price

Benchmark Price

Source: CREB

Page 27

DEFINITIONS
Total Residential - includes detached, attached and apartment style properties.
Active Listings - Actual figures were used as of January 2015, previous figures represent estimated figures.
Benchmark Price - Represent the monthly price of the typical home based on it's attributes, providing the best measure of price trends.
MLS Home Price Index changes in home prices by comparing current price levels relative to January 2005 price level.
Exclusions Data included in this package do not include activity related to rental, land or leased properties.
Absorption Rate refers to the ratio between the amounts of sales occurring in the market relative to the amount of listings.
For example a ratio of 60 per cent indicates for every 10 listings 6 are being sold. This is useful in determining market tightness.
Detached - A unit that is not attached to any other unit.
Attached - A unit that is attached to another unit by at least one common wall.
Apartment - An attached unit that has connecting enclosed hallways.

Calgary CMA - includes City of Calgary, Airdrie and the Region of Rockyview
Rockyview - includes all activity in the geographical area excluding Airdire
City of Calgary - includes all residential activity within city limits
Foothills - includes all residential activity within the Foothills area border
Other Active Areas - includes Didsbury, Cremona, Carstairs, Strathmore, Vulcan

ABOUT CREB
CREB is a professional body of more than 5,100 licensed brokers and registered associates, representing 245 member
offices. CREB is dedicated to enhancing the value, integrity and expertise of its REALTOR members. Our REALTORS are
committed to a high standard of professional conduct, ongoing education, and a strict Code of Ethics and standards of
business practice.
For Calgary Metro, CREB statistics include only Zone A, B, C and D for properties located in Calgary. Furthermore, all
historical data has been adjusted to the most current information.
Any use or reference to CREB data and statistics must acknowledge CREB as the source. The board does not generate
statistics or analysis of any individual member or companys market share. All MLS active listings for Calgary and area may
be found on the boards website at www.creb.com.
CREB is a registered trademark of the Calgary Real Estate Board Cooperative. The trademarks MLS and Multiple Listing

Page 28

You might also like