CALGARY REGIONAL HOUSING MARKET STATISTICS

08.12

CITY GROWTH SLOWS WHILE TOWN SALES CONTINUE TO SOAR

Residential sales in the city and surrounding towns record respective gains of 10 and 42 per cent
Calgary, September 4, 2012 Following several months of
higher than expected sales growth, Calgary residential sales in
August totaled 1,725 units, a 10-per-cent increase over last
year.

CREB TOWNS YTD TOTAL SALES

While the sales growth remains strong, it is slower than

previous five months in part due to the lack of new listings in
the Citys single family market, said Bob Jablonski, CREB
President.
With fewer products to choose from, many
consumers are holding off on transacting or turning to
surrounding
towns,
the
new
home
market
and
condominiums.
New listings within the City of Calgary total 2,585 units in
August, down 13 per cent from one year ago and down more
than four per cent on a year-to-date basis. Meanwhile, new
listings in the surrounding towns have improved by nearly 10
per cent after the first eight months of this year.

CALGARY SINGLE FAMILY INVENTORY

Improving choice, affordable prices, combined with lifestyle

factors and the lack of choice in the single family market
within city limits, have driven sales growth in towns
surrounding the city, said Jablonski. In general, the area has
witnessed sales activity that is comparable to peak sales
activity.
Single family sales totaled 1,169 in August 2012, six per cent
above levels recorded in 2011.
Meanwhile, new listings
declined by 14 per cent on a year-over-year basis over the
same time frame. This year, demand has far outpaced new
additions to supply in the single-family market, causing a
significant depletion of standing inventories. However, the
recent decline in sales growth helped ease the pressure on the
market, as months of supply have risen to levels more
consistent with balanced territory.
While sales growth activity did cool, the upward price
pressure on single family homes will not likely ease until the
fall. As of August, the benchmark price for a single family
home was $432,600, an eight-per-cent increase over August
2011 levels. The increase may seem significant, but the prices
have leveled off compared to the previous month and remain
nearly $20,000 below peak levels recorded in July 2007.
August sales in both condominium apartment and townhouse
units recorded year-over-year growth that outpaced the
single family market. Year-to-date apartment sales have
improved by nearly 10 per cent over 2011, while the level of
new listings remained at levels similar to last year. The
improvement in sales relative to new listings has helped
reduce the elevated inventory levels, keeping this market in
balanced territory.
The benchmark price of a condominium apartment for the
month of August was $248,700, a 3.6-per-cent increase over
the previous year. Meanwhile townhouse style condominiums

CREB Calgary Regional Housing Market Statistics

had a monthly benchmark price of $278,200, only a

2.5-per-cent increase. While the upward momentum
is a signal of continued recovery in the condominium
market, the benchmark price for condominiums
remains nearly 16 per cent below peak levels.
Some continue to foresee a scenario where price
declines are looming in the local housing market,
especially given national trends, said Ann-Marie Lurie,
CREB Chief Economist.
There is no question
economic concerns can threaten our housing recovery.
However, to date Calgary housing market consumers
are exhibiting confidence evidenced through the pickup in sales activity across all housing types.
The rapid sales growth caused supply levels to drop,
particularly in the single family market, resulting in price
gains. While we anticipate recent movements in the
single family resale market will take some pressure off
the higher-than-expected price growth, another city
wide price correction is not expected given current
economic growth expectations combined with one of
the best affordability climates in the country.

Page 1

CREB Summary statistics

CREB - SUMMARY STATS
Aug-11

Aug-12

Y/Y % Change

Aug-11

2011 YTD

Aug-12

2012 YTD

Y/Y % Change

CREB TOTAL RESIDENTIAL

Total Sales

1,950

2,265

16.15%

16,370

19,736

20.56%

$800,976,725

$948,607,674

18.43%

$6,841,684,473

$8,410,545,571

22.93%

New Listings

3,986

3,561

-10.66%

34,138

33,815

-0.95%

Active Listings

10,913

8,975

-17.76%

0.49

0.64

30.02%

96.71%

97.06%

Total Sales Volume

Sales to New Listings Ratio

Sales $ / List $
Average DOM
Average Price
Benchmark Price
Index

56

54

0.35%

N/A

N/A

0.48

0.58

96.79%

97.20%

21.71%
0.41%

-3.27%

53

51

-3.77%

$417,940

$426,152

1.96%

$410,757

$418,811

1.96%

$358,400

$381,700

6.50%

169

180

6.51%

CREB CITY OF CALGARY

Total Sales

1,569

1,725

9.94%

13,314

15,402

15.68%

$634,116,457

$718,923,860

13.37%

$5,535,766,636

$6,585,763,644

18.97%

New Listings

2,960

2,585

-12.67%

25,424

24,364

-4.17%

Active Listings

6,473

5,184

-19.91%

0.67

25.89%

Total Sales Volume

Sales to New Listings Ratio

Sales $ / List $
Average DOM

0.53
96.98%
50

97.40%
45

0.42%

N/A
0.52
96.97%

N/A
0.63
97.40%

20.72%
0.43%

-9.97%

47

43

-8.51%

$415,785

$427,591

2.84%

Average Price

$404,153

$416,767

3.12%

Benchmark Price

$363,100

$387,700

6.77%

169

181

6.79%

318

453

42.45%

2,605

3,693

41.77%

$114,594,139

$156,784,514

36.82%

$926,957,031

$1,317,064,105

42.08%

6,740

7,391

9.66%

Index

CREB TOWNS
Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $

799

778

-2.63%

3,153

2,653

-15.86%

0.40

0.58

46.30%

96.80%

97.18%

0.38%

N/A
0.39
96.84%

N/A
0.50

29.28%

97.15%

0.30%

Average DOM

75

77

2.56%

76

75

-1.32%

Average Price

$360,359

$346,103

-3.96%

$355,838

$356,638

0.22%

Benchmark Price

$315,000

$327,500

3.97%

166

172

3.98%

Index

CREB CRES
Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $

63

87

38.10%

451

636

41.02%

$52,266,129

$72,899,300

39.48%

$378,960,806

$505,755,822

33.46%

1,965

2,055

4.58%

225

198

-12.00%

1,190

1,138

-4.37%

N/A

N/A

0.28
93.43%

0.44
93.67%

56.93%
0.24%

0.23
94.15%

0.31
94.92%

34.84%
0.77%

Average DOM

106

116

9.22%

99

102

3.03%

Average Price

$829,621

$837,923

1.00%

$840,268

$795,214

-5.36%

$680,000

$745,000

9.56%

Median Price

For a list of definitions, see page 20.

CREB Calgary Regional Housing Market Statistics

Page 2

CREB Summary statistics city of calgary

CREB - SUMMARY STATS City of Calgary
Aug-11

Aug-12

Y/Y % Change

Aug-11

2011 YTD

Aug-12

2012 YTD

Y/Y % Change

SINGLE FAMILY
Total Sales
Total Sales Volume

1,101

1,169

6.18%

9,430

11,066

17.35%

$500,508,761

$555,593,340

11.01%

$4,416,426,922

$5,306,534,280

20.15%

17,952

17,117

-4.65%

New Listings

2,095

1,811

-13.56%

Active Listings

4,491

3,535

-21.29%

0.65

22.83%

0.53

0.65

0.36%

97.02%

97.47%

Sales to New Listings Ratio

Sales $ / List $
Average DOM

0.53
97.04%
49

97.40%

N/A

N/A
23.07%
0.45%

43

-12.54%

44

41

-6.82%

$468,338

$479,535

2.39%

Average Price

$454,595

$475,272

4.55%

Benchmark Price

$399,700

$432,600

8.23%

170

184

8.25%

284

315

10.92%

2,266

2,483

9.58%

$74,678,178

$88,811,406

18.93%

$618,000,186

$694,309,855

12.35%

4,443

4,382

-1.37%

Index

CONDO APARTMENT
Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $

512

464

-9.38%

1,216

1,065

-12.42%

0.55

0.68

22.39%

0.51

96.51%

97.27%

0.76%

96.51%

N/A

N/A
0.57
96.90%

11.10%
0.39%

Average DOM

56

52

-6.99%

52

52

0.00%

Average Price

$262,951

$281,941

7.22%

$272,727

$279,625

2.53%

$240,000

$248,700

3.63%

168

174

3.64%

184

241

30.98%

1,618

1,853

14.52%

$58,929,518

$74,519,114

26.45%

$501,339,528

$584,919,509

16.67%

3,029

2,865

-5.41%

Benchmark Price
Index

CONDO TOWNHOUSE
Total Sales
Total Sales Volume
New Listings

353

310

-12.18%

Active Listings

766

584

-23.76%

0.78

49.15%

97.54%

0.52%

Sales to New Listings Ratio

Sales $ / List $

0.52
97.02%

N/A
0.53
97.04%

N/A
0.65
97.35%

21.08%
0.31%

Average DOM

51

50

-3.09%

52

47

-9.62%

Average Price

$320,269

$309,208

-3.45%

$309,851

$315,661

1.87%

Benchmark Price

$271,400

$278,200

2.51%

170

174

2.48%

Index

CREB Calgary Regional Housing Market Statistics

Page 3

mls hpi summary

August 2012
Benchmark Price

% Changes
Index (HPI

Jul-12

Feb-12

Aug-11

Aug-09

Aug-07

CREB TOTAL RESIDENTIAL

Single Family

420,200

182

0.1%

6.7%

7.8%

10.2%

-4.3%

Townhouse

276,600

174

0.3%

2.8%

2.4%

2.4%

-15.9%

Apartment

247,900

174

0.5%

4.2%

3.6%

3.9%

-16.3%

381,700

180

0.2%

5.9%

6.5%

8.4%

-7.6%

COMPOSITE

CREB TOWNS
Single Family

333,900

172

0.5%

5.1%

4.2%

6.2%

-7.4%

Townhouse

218,900

177

1.1%

2.7%

0.5%

2.0%

-15.6%

Apartment

188,300

162

-0.1%

4.3%

0.6%

0.0%

-22.2%

COMPOSITE

327,500

172

0.5%

4.9%

4.0%

5.8%

-8.4%

Single Family

432,600

184

0.1%

6.9%

8.3%

10.7%

-3.8%

Townhouse

278,200

174

0.3%

2.8%

2.5%

2.4%

-15.9%

Apartment

248,700

174

0.5%

4.2%

3.6%

3.9%

-16.2%

COMPOSITE

387,700

181

0.1%

6.0%

6.8%

8.6%

-7.6%

CREB CITY OF CALGARY

CREB Calgary Regional Housing Market Statistics

Page 4

comparisons

Benchmark Price - August

500,000
450,000
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
1 storey

2 Storey

CREB Total Residential

Total SF

CREB City of Calgary

Townhouse

Apartment

Total Composite

CREB Towns

Source: CREB

Sales Distribution - August

120%
100%

3.84%
7.95%
10.38%

18.26%

15.50%
80%

12.72%

13.97%

60%
40%
67.95%

81.68%

67.77%

20%
0%
CREB Total Residential
Single Family

CREB Calgary Regional Housing Market Statistics

CREB City of Calgary

Townhouse

Apartment

CREB Towns
CRES

Source: CREB

Page 5

CREB City of Calgary

city of calgary total

CREB City of Calgary

Jan.

Feb.

Mar.

Apr.

May

Jun.

Jul.

Aug.

Sept.

2011

1/1/2011

2/1/2011

3/1/2011

4/1/2011

5/1/2011

6/1/2011

7/1/2011

8/1/2011

9/1/2011
Jan.

Sales

1,084

1,622

1,924

1,745

1,810

2011
1,964

1,596

1,569

New Listings

2,820

3,213

3,416

3,254

3,552

Sales
3,353

2,856

2,960

Active Listings

4,638

5,176

5,866

6,324

6,626

6,660

6,537

6,473

AverageDOM

58

47

42

45

43

46
AverageDOM 49

50

Average Price

407,665

412,809

407,212

421,170

433,069

Average407,977
Price
426,049

53 42
407,212
404,153 407,665
417,511412,809408,719

421,170
412,215

433,069
402,136

426,049
414,389 407,977

Benchmark Price

352,400

356,900

361,200

363,700

364,200

Benchmark
Price
364,400
364,600

361,200 362,400
363,700
363,100 352,400
363,300356,900
362,700

364,200
362,200

364,400
374,554 364,600

Index

2012

164
1/1/2012

166

168

2/1/2012

170

3/1/2012

170

4/1/2012

5/1/2012

New Listings

Active Listings

Index

170

170

2012

6/1/2012
Sales

7/1/2012

169
8/1/2012

Sales

1,068

1,732

2,166

2,198

2,381

2,199
New Listings1,933

1,725

New Listings

2,530

2,883

3,351

3,239

3,804

Active Listings
3,312
2,660

2,585

Active Listings

4,367

4,736

5,092

5,270

5,739

5,715

5,430

5,184

60

49

42

41

40

40
43
Benchmark Price

45

AverageDOM

AverageDOM

Average Price

1/1/20111,461 2/1/2011
1,084

3,202

1,622

2,820

3,213

4,638

5,176

6,653

58

164

1/1/2012

50

169

Nov.

3/1/2011
1,351

2,5301,924

3,416

6,311

5,866

4/1/2011
1,345
1,745
1,837

3,254

5,338

6,324

5345

47

166

2/1/2012

169

168

3/1/2012

170

169

4/1/2012

9/1/2012 1,732
10/1/2012
1,068
2,166 11/1/2012
2,198
- 3,351
-3,239
2,530 680 2,883
4,3671,430 4,736
60

5,425

391,372

361,800

49

425,383

41365,900

42

422,354

#N/A
371,400

41

428,999

#N/A
379,200

1,810
1,076

1,596

3,552

3,353

2,856

6,626

6,660

3,989
60
43

170

169

5/1/2012

12/1/2012
2,381
3,804
5,739
-

40

445,062

425,383

422,354

428,999

445,062

425,924

416,767

371,400

379,200

383,200

385,800

387,300

387,700

#N/A

#N/A

#N/A

#N/A

169

171

173

177

179

180

181

181

#N/A

#N/A

#N/A

#N/A

Aug-12

YTD2011

YTD2012

8/1/2012

8/1/2011

8/1/2012

>$100,000
$100,000
- $199,999YTD
CALGARY

41

103
SALES121
BY PRICE RANGE

907

CALGARY YTD SALES BY PRICE RANGE

30%

17

25%

2,037

2,163

20%

202

1,517

1,860

142

161

1,094

1,347

80

98

684

923

20% - $599,999
$550,000

52

49

486

646

$600,000 - $649,999

39

45

345

504

$650,000 - $699,999

30

42

300

356

$700,000 - $799,999

43

63

354

478

$800,000 - $899,999

25

32

234

253

$900,000
10% - $999,999

12

98

149

$1,000,000 - $1,249,999

21

14

129

176

$1,250,000 - $1,499,999
5% - $1,749,999
$1,500,000

9
2

8
4

87
26

82
47

32

21

21

23

338

388

30% -$ 349,999
$300,000

257

260

2,081

$350,000 - $399,999

227

235

$400,000 - $449,999

168

$450,000 - $499,999
$500,000 - $549,999

25%

15%

$1,750,000 - $1,999,999
$2,000,000
0% - $2,499,999

2
-

2,820

170

49

170

169

6/1/2012

7/1/2012

8/1/2012
2,199
15,402
3,312

2,660

5,715
24,364

5,430

40

43

441,714

425,924

YTD-AUGUST

15%
10%
5%
0%
< $200,000 $200,000 - $300,000 - $350,000 - $450,000 - $550,000 - $700,000 +
$299,999 $349,999 $449,999 $549,999 $699,999
YTD-2010

YTD-2011

YTD-2012

Source: CREB

$2,500,000<- $200,000
$2,999,999 $200,000 -1$300,000 - $350,000
3
15
15
- $450,000
- $550,000
- $700,000 +
$3,000,000 - $3,499,999 $299,999
3
4
$349,999 - $449,999 $549,999
$699,999
$3,500,000 - $3,999,999
YTD-2009
$ ,
,
$4,000,000
+

YTD-2010
1,569

YTD-2011
1,725

CREB Calgary Regional Housing Market Statistics

2
YTD-2012
1

13,314

15,402

1,933

2,322

YTD-2009

6,537

48

46

856
3,158YTD-AUGUST

$200,000 - $299,999

34,069

#N/A 385,800 43 387,300

383,200
#N/A
427,591
179
180
181

365,900

Aug-11

Jul.

6/1/2011
18,497 7/1/2011
1,964

391,372

8/1/2011

#N/A
177

5/1/2011
1,026

361,800

171

#N/A 173

-5,270

YTD
12/1/2011
Jun.

Average Price

Calgary Total

412,725
169

- 5,092

Dec.
12/1/2011
May

Benchmark Price
Index

441,714
Index

Oct.

10/1/2011Mar. 11/1/2011
Feb.
Apr.

Source: CREB

Page 6

38

city of calgary

CREB Calgary Regional Housing Market Statistics

Page 7

city of calgary single family

2011

CREB City of Calgary Single Family

Jan.

Feb.

Mar.

Apr.

May

Jun.

Jul.

Aug.

Sept.

Oct.

1/1/2011

2/1/2011

3/1/2011

4/1/2011

5/1/2011

6/1/2011

7/1/2011

8/1/2011

9/1/2011

10/1/2011

Sales

782

1,157

1,344

1,211

1,308

1,385

1,142

1,101

New Listings

1,949

2,245

2,417

2,285

2,536

2,394

2,031

2,095

Active Listings

3,011

3,436

3,958

4,327

4,545

4,648

4,544

4,491

AverageDOM

57

45

39

41

41

43

Average Price

453,766

461,946

461,579

479,304

488,862

480,283

Benchmark Price

387,200

392,300

396,800

400,100

400,800

401,300

Index

164
1/1/2012

2012

167
2/1/2012

168
3/1/2012

170
4/1/2012

170
5/1/2012

2011
Sales

New Listings49

49

Active
Listings
456,374

454,595

401,100

399,700

AverageDOM

Average Price

170 Benchmark170
Price
6/1/2012Index 7/1/2012

170
8/1/2012

763

1,281

1,576

1,580

1,707

1,607 2012

1,383

1,169

New Listings

1,714

2,000

2,348

2,286

2,707

2,372

1,879

1,811

Active Listings

2,918

3,093

3,367

3,501

3,842

3,817

3,646
Active Listings

3,535

59

48

40

38

37

36

AverageDOM
40

43

Sales

AverageDOM
Average Price

440,478

470,033

472,477

483,045

501,724

489,533

Benchmark Price

400,800

404,800

411,000

422,000

427,500

430,800

170

172

174

179

181

183

Index

Calgary SF
>$100,000
CALGARY

Aug-11

Aug-12

YTD2011

YTD2012

8/1/2011

8/1/2012

8/1/2011

8/1/2012

Sales

New Listings

Average Price

478,514

475,272

432,400
Index

432,600

Benchmark Price

15

114

91

146

135

1,158

1,218

$300,000 -$ 349,999

181

177

1,524

1,683

$350,000
35% - $399,999

193

188

1,665

1,806

$400,000 - $449,999

153

174

1,370

1,625

125
72

136
88

970
634

1,197
847

49

46

452

600

36

41

323

471

10%
5%

25% - $599,999
$550,000

$600,000 - $649,999

20%

YTD-AUGUST

$650,000 - $699,999

27

40

274

339

$700,000 - $799,999

40

61

335

453

$800,000 - $899,999

23

30

215

243

$900,000
10% - $999,999

12

97

143

$1,000,000 - $1,249,999
$1,250,000
5% - $1,499,999

19
8

14
8

121
80

165
79

$1,500,000 - $1,749,999

25

43

$1,750,000
0% - $1,999,999

32

20

15%

$2,000,000 -<$2,499,999
$300,000
$2,500,000 - $2,999,999

$300,000
$349,999
1

$3,000,000 - $3,499,999
YTD-2009
$3,500,000 - $3,999,999

YTD-2010
-

$ ,
,
$4,000,000
+

1,101

$350,000
$449,999
2

YTD-2011

1,169

CREB Calgary Regional Housing Market Statistics

21 $450,000
$549,999
14

22 $550,000
$699,999
14

9,430

11,066

YTD-2012
-

1/1/2011

2/1/2011

4,661
782

1,949

48

3/1/2011

52 2,417

2,245

3,436
455,3923,958

57

400,100

45

39

461,946

461,579

399,700

387,200 170 392,300

500

763

1,281

1,714

2,000

960

3,677
2,918
39

3,093
48

1,576
2,348
3,367

#N/A

40

472,477
467,505 470,033 #N/A
404,800

#N/A
170
#N/A

172

411,000

#N/A 174

#N/A

717

Apr.

May

4/1/2011

5/1/2011

3,674
1,211

58
2,536
4,545
454,992

41

4/1/2012

41

12/1/2012
170
5/1/2012

2,031
4,544

43

49

480,283

456,374

170 401,100
8/1/2012
170
170

401,300

6/1/2012

11,066 7/1/2012

1,607

2,707

2,372

1,879

3,817

3,646

17,117

3,842

38
#N/A

46

1,707

37
#N/A

41

36

501,724

489,533

427,500

430,800

432,400

183

184

#N/A
#N/A
181

#N/A

#N/A

479,535 478,514

YTD-AUGUST

35%
30%
25%
20%
15%

0%
< $300,000
YTD-2009

$300,000 $349,999
YTD-2010

$350,000 $449,999
YTD-2011

$450,000 $549,999

YTD-2012

$550,000 $699,999

454

399

8/1

40

483,045

#N/A
179

1,383

422,000

#N/A

8/

1,142

4,648
466,506

#N/A

170
400,800

2,286

7/1/2011

2,394

488,862

- 3,501

Jul.

6/1/2011
1,385

399,900

1,580

Jun.

24,056

2,705
1,308

52
2,285

479,304

YTD

13,120

753

4,327
468,861

399,700

3/1/2012

440,478
400,800

954
1,275

170
170
396,800
400,100
10/1/2012 168 11/1/2012
167
170

9/1/2012
164
1/1/2012
2/1/2012

59

Mar.

1,157 4,3901,344

3,011
466,192
453,766

984
1,773

40%

$200,000
40% - $299,999

30% - $499,999
$450,000
$500,000 - $549,999

184

Feb.

2,303

Dec.

City
of Calgary
Single Family
12/1/2011
12/1/2011

CALGARY YTD SINGLE FAMILY SALES BY PRICE RANGE

- FAMILY SALES
1
1
YTD SINGLE
BY PRICE
RANGE2

$100,000 - $199,999

184

1,035

Jan.

Nov.

CREB
11/1/2011

$700,000 +
Source: CREB

$700,000 +
Source: CREB

Page 8

475

432

city of calgary single family

CREB Calgary Regional Housing Market Statistics

Page 9

city of calgary condominium townhouse

2011

Jan.

Feb.

Mar.

Apr.

May

Jun.

Jul.

1/1/2011

2/1/2011

3/1/2011

4/1/2011

5/1/2011

6/1/2011

7/1/2011

Sales

116

184

248

224

214

New Listings

349

384

408

405

409

Active Listings

622

717

742

784

821

59

52

52

57

46

291,958

308,462

309,833

296,299

313,846

264,400

267,400

269,400

269,200

269,000

165

167

168

168

168

AverageDOM
Average Price
Benchmark Price
Index

2012

1/1/2012

Sales

205

5/1/2012

267

288

334
763

Active Listings

Dec.

YTD

12/1/2011
May

12/1/2011
Jun.

190
2/1/2011

154
3/1/2011

353 116
766 349

358184

248
296

224
224

214124

758384

408
710

405
612

409479

59

62

54

52

51

324,750

304,971

320,269

AverageDOM
Average Price

269,200
272,200
Benchmark Price
Index168

170

2012
6/1/2012

7/1/2012

Sales253

239

329,089

52

308,462

241 126

357

455

New Listings

395

304

310

612

675

693

623

584

61

51

49

49

38

45

297,918

310,047

313,938

320,912

330,413

45 Price
Average

270,300

270,500

274,600

276,400

169

169

172

173

80205

312

374

520
61

51

309,208
270,300 290,318
270,500

277,000

Index
278,000

277,400

278,200 169

173

174

173

Aug-12

YTD2011

YTD2012

8/1/2011

8/1/2012

1
4
CALGARY YTD TOWNHOUSE
SALES
BY PRICE
RANGE-

174

821

57

304,114

296,299

271,600
269,200

170
168

4/1/2012
11/1/2012

- 234

46

293,179

313,846

168170

20

29

$200,000 - $299,999

82

$300,000
60% -$ 349,999

28

$350,000 - $399,999
$400,000 - $449,999
$450,000 - $499,999
$500,000 - $549,999

50%

40% - $599,999
$550,000

217

218

102

713

808

47

253

322

17

24

184

165

10

14

87

115

10

13

61

88

21

47

17

26

14

20

16

14

15

$600,000 - $649,999

$650,000
30% - $699,999

$700,000 - $799,999

$800,000 - $899,999

$900,000 - $999,999

20%

$1,000,000 - $1,249,999

10% - $1,499,999
$1,250,000

$1,500,000 - $1,749,999
$1,750,000
0% - $1,999,999

$2,000,000 - $2,499,999
< $200,000
$2,500,000 - $2,999,999
$3,000,000 - YTD-2009
$3,499,999
$3,500,000 - $3,999,999
$ ,
,
$4,000,000
+

$200,000
$299,999
YTD-2010
-

YTD-2011
-

184

CREB Calgary Regional Housing Market Statistics

241

54

53

763
52

309,218

324,750

304,971

168

171

288-

253 1,853

455

395

304

612

675

623

49

693

49

38

45

#N/A
313,938

#N/A
320,912

2,865

#N/A 326,053
330,413

#N/A
274,600

#N/A
276,400

169
#N/A

172
#N/A

173
#N/A

173
#N/A

#N/A

#N/A

#N/A

#N/A

174

YTD-AUGUST

40%
30%
20%
10%
0%
< $200,000

YTD-2009

$200,000 $299,999
YTD-2010

$300,000 $399,999
YTD-2011

$400,000 $599,999

YTD-2012

$600,000+
Source: CREB

- $400,000
$599,999

YTD-2012
-

1618

1853

45

47303,380

#N/A278,000
315,661
277,000
277,400

60%

239

357

170

CALGARY YTD TOWNHOUSE SALES BY PRICE RANGE

$300,000
-- $399,999 -

334

784

YTD-AUGUST
50%

1
-

206

387

5/1/2012
7/1/2012
12/1/2012 6/1/2012
8/1/2012

>$100,000

$100,000 - $199,999

2424,031

272,700 269,200
292,243272,200
269,000

267
-

358

Jul.

2,2387/1/2011
6/1/2011

606

326,053
303,380
Benchmark Price

8/1/2012

270,600
269,400

61
310,047

Aug-11

309,833

150

50
297,918

8/1/2011

52

296,139

5/1/2011126

784

52

603

612

150
4/1/2011

742

170 165
170167
169
168
1/1/2012 9/1/2012
2/1/2012 10/1/2012
3/1/2012
8/1/2012

358

Index

59

717

53

271,400
264,400 271,600
267,400

606

AverageDOM

622

291,958

612

Active Listings

Sept.

184
1/1/2011

374

AverageDOM

Calgary Townhouse

4/1/2012

234

Sales387
New784
Listings

Nov.
11/1/2011
Apr.

312

Active Listings

Benchmark Price

3/1/2012

206

Aug.

520

New Listings

Average Price

2/1/2012

126

2011242

Oct.

8/1/2011 Jan. 9/1/2011

Feb. 10/1/2011
Mar.

$600,000+
Source: CREB

Page 10

173

city of calgary condominium townhouse

CREB Calgary Regional Housing Market Statistics

Page 11

city of calgary condominium apartments

2011

Jan.

Feb.

Mar.

Apr.

May

Jun.

Jul.

Aug.

Sept.

Oct.

Nov.

Dec.

YTD

1/1/2011

2/1/2011

3/1/2011

4/1/2011

5/1/2011

6/1/2011

7/1/2011

8/1/2011

9/1/2011

10/1/2011

11/1/2011

12/1/2011

12/1/2011

Sales

186

281

332

310

288

New Listings

522

584

591

564

607

1,005

1,023

1,166

1,213

1,260

63

54

49

51

53

Average Price

286,004

278,819

259,865

284,301

268,267

Benchmark Price

234,200

237,000

241,400

243,100

243,400

242,700

242,600

240,000

164

166

169

170

170

170

169

168

Active Listings
AverageDOM

Index

2012

1/1/2012

Sales

2/1/2012

179

3/1/2012

246

4/1/2012

356

5/1/2012

351

386

337

248

284

572
Sales

491

512

1,230

1,216

2011

1,228
New
Listings
Active
53Listings

50

AverageDOM270,678
275,904
Average Price

Benchmark Price

Index

6/1/2012
2012

7/1/2012

339
Sales

522

591,023

New
Listings
545

477

464

504

320 509

Active
1,205Listings

1,161

1,065

929

1,1451,031

- 1,119

55

52

642

64

51

48

50

50

Average Price

247,837

288,991

271,724

267,931

280,030

Benchmark Price

233,800

238,700

243,000

243,400

245,400

246,300
Index

247,600

248,700

163

167

170

170

171

172

173

174

YTD2012

8/1/2011

>$100,000
CALGARY

8/1/2012

2
APARTMENT

SALES2BY

YTD

$100,000 - $199,999

86

65

36 RANGE
PRICE
576

15
547

110

151

949

$300,000 -$ 349,999

48

36

304

$350,000 - $399,999

17

23

188

192

$400,000 - $449,999

14

60

120

$450,000 - $499,999

12

63

62

29

29

17

20

60%

50%
$500,000 - $549,999
$550,000 - $599,999

40% - $649,999
$600,000

13

$650,000 - $699,999

30% - $799,999
$700,000

10

10

$800,000 - $899,999

14

20% - $999,999
$900,000

$1,000,000 - $1,249,999

10% - $1,499,999
$1,250,000

$1,500,000 - $1,749,999

0% - $1,999,999
$1,750,000

< $200,000
$2,000,000 - $2,499,999
$2,500,000 - $2,999,999
$3,000,000 - $3,499,999
YTD-2009
$3,500,000 - $3,999,999
$
,
,
$4,000,000
+

$200,000
$299,999
YTD-2010
-

284

315

CREB Calgary Regional Housing Market Statistics

YTD-2012-

1
1

2,266

301,348
286,231
Benchmark Price

170

170

386

2,483
339

64

40

247,837

51

288,991

281,941
236,750
233,800
238,700
163

#N/A167
#N/A

48

170

11/1/2012
4/1/2012

165

-596

642
-

1,157
-

1,222
-

50

55

280,030

301,348

243,000

243,400

245,400

#N/A
170
#N/A

50

545
4,382
1,205

267,931

#N/A

#N/A

#N/A
170

24

164

169

12/1/2012 6/1/2012
8/1/20127/1/2012
5/1/2012

-351

#N/A

242,600

239,676

271,724

#N/A

50
270,678

#N/A

477
1,161

52

55
286,231

#N/A 246,300
279,625247,600
#N/A
171
172
173

#N/A

#N/A

YTD-AUGUST

70%

50%
40%
30%
20%
10%
0%
< $200,000
YTD-2009

$200,000 $299,999
YTD-2010

$300,000 $399,999

YTD-2011

YTD-2012

$400,000 $599,999

311

CALGARY YTD APARTMENT SALES BY PRICE RANGE

$300,000
-$400,000 - 1
$399,999
1
1 $599,999 1

YTD-2011-

55

Average Price

242,700

236,000

1,230

1,132
YTD-AUGUST60%
317

$200,000 - $299,999

70%

AverageDOM

491

243,400

166

248

572
1,228 54
53
271,538

243,100

238,000

167

100 246

5,982
337

275,904

239,300

169

Jul.
7/1/2011

3,139

268,267

168

241,400

53
270,063

Jun.

6/1/2011

284,301

240,100

- 356
- 645

1,222

YTD2011

51
255,267

179

596

Aug-12

63275,204 54 274,49749
278,819
259,865

315

1,157

199
288

805
607

166

645

183

1,26067

164

1,119

338
310

May

5/1/2011

1,213
56

8/1/2012
1/1/20129/1/2012
2/1/2012 10/1/2012
3/1/2012

311

241

1,052
564

237,000

509

8/1/2012

461
332

Apr.

4/1/2011

1,166
61

234,200

1,031

Aug-11

Mar.

213

3/1/2011

1,211
591

286,004

929

8/1/2011

186

262,951

504

Calgary Apartment

Feb.

2/1/2011

56 1,005

New Listings

Index

236

541 281
1,234 584

Active Listings
AverageDOM

Jan.

1/1/2011

$600,000+
Source: CREB

$600,000+
Source: CREB

2,483

Page 12

24

city of calgary condominium apartments

CREB Calgary Regional Housing Market Statistics

Page 13

CREB towns
2011

Jan.

Feb.

Mar.

Apr.

May

Jun.

July.

Aug.

Sept.

Oct.

Nov.

Dec.

YTD

1/1/2011

2/1/2011

3/1/2011

4/1/2011

5/1/2011

6/1/2011

7/1/2011

8/1/2011

9/1/2011

10/1/2011

11/1/2011

12/1/2011

12/1/2011

Sales

199

270

322

324

386

431

355

318

New Listings

688

717

891

865

1,011

2011
921

848

799

Active Listings

2,121

2,274

2,549

2,757

3,029

3,081

3,141

3,153

82

83

74

81

77

68

80

75

AverageDOM
Average Price
Benchmark Price

5/1/2011
327

3,000

688

270

717

2,793

322

891

36

314,800
164

313,700

159

161

164

165

166

Benchmark Price
165
166

New Listings

355

456

498

730

800

1,094

1,071

1,081

2,285

2,596

2,801

2,935

102

81

69

72

77

352,113

325,915

358,341

363,453

310,000

312,100

313,700

163

164

165

AverageDOM
Average Price
Index

319,200

321,400

325,400
Index

326,000

327,500

168

169

172

172

8/1/2012

113

677

72

473

$350,000 - $399,999

44

71

380

566

$400,000 - $449,999

41

62

286

459

$450,000 - $499,999

13

28

156

222

$500,000 - $549,999

10

17

91

143

677

11

53

89

$600,000 - $649,999

11

23

67

$650,000
15% - $699,999

38

40

$700,000 - $799,999

29

33

3
1

$1,000,000 - $1,249,999

10%

5% - $1,499,999
$1,250,000

2
2

21

30

17

15

17

18

14

$1,500,000 - $1,749,999

$1,750,000
0% - $1,999,999

$2,000,000 - $2,499,999
- - $300,000 -- $350,000 <
$200,000
$2,500,000 -$200,000
$2,999,999 $299,999
$349,999- $449,999
YTD-2010
318

YTD-2011
453

CREB Calgary Regional Housing Market Statistics

2/1/2012

140

355

400 800
2,285
-

#N/A

165

11/1/2012

4/1/2012

- 498

456

- 1,094
- 2,596

81

69

358,341

312,100

313,700

411,464

#N/A
163

3/1/2012

325,915

60

310,000

164

10/1/2012

#N/A

#N/A

164#N/A

165

#N/A

166

565

-1,071

1,081

-2,801

2,935
-

#N/A 72

77
#N/A

3,141

355,648
68

12/1/2012
5/1/2012

79

165

80

164 315,000

166

8/1/2012

6/1/2012

3,693
609
7,391
973

2,866
70

7/1/2012
864
2,806

75

75

363,453

375,442

358,313

319,200

321,400

325,400

326,000

171

172

#N/A

#N/A 168
#N/A

#N/A

#N/A
169

356,638

358,217

#N/A

YTD-AUGUST

30%
25%
20%
15%
10%
5%
0%

<
$200,000 - $300,000 - $350,000 - $450,000 - $550,000 - $700,000
$200,000 $299,999 $349,999 $449,999 $549,999 $699,999
+
YTD-2009

YTD-2010

YTD-2011

YTD-2012

Source: CREB

3
1
$450,000
- -$550,000 - $700,000
1$549,999 - $699,999
+

YTD-2012
2,605

539

CREB TOWNS YTD SALES BY PRICE RANGE

866
YTD-AUGUST

74

$800,000 - $899,999

171

102
352,113

161

311,000
164

89

65

$900,000 - $999,999

Benchmark Price

364

$200,000 - $299,999

20% - $599,999
$550,000

Average Price

286

$300,000
30% -$ 349,999

25%

730
2,129

346,103

YTD2012

218

778

358,217

8/1/2011

1/1/2012

2,653

AverageDOM

305,900
166

9/1/2012

973
New Listings 864

358,313

YTD2011

159

Active Listings
2,866
2,806

375,442

Aug-12

53

453

77

8/1/2012

37

539

75

Aug-11

1
6 RANGE41
TOWNS YTD SALES
BY PRICE

609
Sales

8/1/2012

70

8/1/2011

$100,000 - $199,999

2012

565

2,129

Active Listings

7/1/2012

166 303,000

90

848

312,900
163

357,231
315,000 334,831
315,700342,161 312,300

Index

921
3,081

359,951
325,980 363,172

360,359

Average Price
313,700
315,000

6/1/2012

1,011
3,029

357,287
77

359,951
363,172
AverageDOM

314,800
5/1/2012

865

355

349,124
311,000

349,124

312,900
4/1/2012

431

1,941

335,41481

368,806

3/1/2012

386

2,757

82

July.

368,806
310,200

357,231

2/1/2012

324

2,531

Jun.
3,724

6/1/2011
8,940 7/1/2011

85 2,274
83
2,549
363,356
82
83 365,105 74

2,121

311,000

218

$ ,
,
$4,000,000
+

May
216

4/1/2011
479

342,161

Sales

$3,000,000 - $3,499,999
YTD-2009
$3,500,000 - $3,999,999

Apr.
298

3/1/2011
687

305,900

1/1/2012

>$100,000
CREB

296Mar.

334,831

2012

CREB Towns

New Listings

Active Listings

199

Feb.

7072/1/2011

303,000

Index

Benchmark Price

Sales

Jan. 309
1/1/2011

Source: CREB

3,693

Page 14

32

CREB towns

CREB Calgary Regional Housing Market Statistics

Page 15

CREB country residential

2011

Jan.

Feb.

Mar.

Apr.

May

Jun.

Jul.

Aug.

Sept.

Oct.

Nov.

Dec.

YTD

1/1/2011

2/1/2011

3/1/2011

4/1/2011

5/1/2011

6/1/2011

7/1/2011

8/1/2011

9/1/2011

10/1/2011

11/1/2011

12/1/2011

12/1/2011

Sales
New Listings
Active Listings

33

43

58

64

68

63

59

63

69

55

54

47

676

168

225

236

250

303

315

243

225

224

169

134

98

2,590

606

705

823

925

1,061

1,166

1,206

AverageDOM

131

113

91

93

112

86

87

Average Price

726,136

799,393

876,366

866,442

832,742

2012

1/1/2012

2/1/2012

3/1/2012

4/1/2012

840,590
885,475
New Listings

Sales

39

66

76

90

215

221

309

257

760

837

962

1,044

127

94

91

93

696,615

835,637

821,303

806,827

New Listings
Active Listings
AverageDOM
Average Price

2011

Sales

5/1/2012
6/1/2012
Active Listings
97
AverageDOM

96

Average
Price 288
350

114

100

824,182

766,068

729,587

131

CRES YTD SALES Aug-11

BY PRICE RANGE
Aug-12
YTD2011
CRES
>$100,000
30%

8/1/2011

8/1/2012

8/1/2011

YTD2012
8/1/2012

14

$200,000 - $299,999

30

27

$300,000 -$ 349,999

12

29

$350,000 - $399,999

17

30

$400,000
20% - $449,999

18

30

$450,000 - $499,999

10

34

$500,000 - $549,999

17

28

$550,000 - $599,999

26

34

15%

13

$600,000 - $649,999

19

36

$650,000
10% - $699,999

25

48

$700,000 - $799,999

13

51

78

$800,000 - $899,999

52

64

34

42

$1,000,000 - $1,249,999

11

67

64

$1,250,000
0% - $1,499,999

23

23

5% - $999,999
$900,000

$1,500,000 - <
$1,749,999
$500,000

$1,750,000 - $1,999,999

$2,000,000 - $2,499,999
$2,500,000 - $2,999,999
YTD-2009
$3,000,000 - $3,499,999

1
$500,000
3
$599,999
1

1
YTD-2010
1

5
$600,000

2
$699,999
1

YTD-2011
1

12
$700,000
8
$799,999
9

22
$800,000

9
$999,999
14

5
YTD-2012

$3,500,000 - $3,999,999

$ ,
,
$4,000,000
+

451

636

63

87

CREB Calgary Regional Housing Market Statistics

Apr.
1,032

4/1/2011

113

58

87

113

799,393
198

39

215

116

837,923

66

221

20

91

876,366
90

- 3/1/2012
95

1,292,500

76

309

64

93

866,442
4/1/2012
90

May
894

5/1/2011

101

68

762,285
303

11/1/2012
1,061
- 112
840,590
5/1/2012
97

63

Jul.

Aug.

7/1/2011

8/1/2011

59

828,660
315

12/1/2012
1,166

1,190

87636

106

885,475
-

832,742
2,055 829,621

6/1/2012
-

7/1/2012

288

217

#N/A

63
225

8/1/2012
1,206

86

350

#N/A

103

816,655
243

85

#N/A

1,044

105

96

#N/A

257

Jun.
683

6/1/2011

#N/A
#N/A

8/1/2012
87

102

198

795,214

760

837

962

1,190

1,221

127

94

91

93

98

114

100

116

696,615

835,637

821,303

806,827

824,182

766,068

729,587

837,923

1,198

1,138

CRESAUGUST
YTD SALES BY PRICE RANGE
YTD-

$100,000 - $199,999

25%

3/1/2011

124

225

1,198 1/1/2012 1,1382/1/2012

AverageDOM
Average Price

43

1,123 Mar.

776,414 236 716,636

250
8/1/2012 7059/1/2012823 10/1/2012
606
925

217 726,136

98

Active Listings

829,621

85

1,221

New Listings

33

Feb.

2/1/2011

106

168

7/1/2012

2012
1,190

Sales

Jan. 1,190

1/1/2011

YTD- AUGUST
30%
25%
20%
15%
10%
5%
0%
< $500,000 $500,000 - $600,000 - $700,000 - $800,000 - $1,000,000 - $1,500,000+
$599,999
$699,999
$799,999
$999,999
$1,499,999

- $1,000,000 - $1,500,000+
$1,499,999
YTD-2009
YTD-2010

YTD-2011

YTD-2012

Source: CREB

Source: CREB

Page 16

1,

CREB country residential

CREB Calgary Regional Housing Market Statistics

Page 17

CREB total residential

2011

Jan.

Feb.

Mar.

Apr.

1/1/2011

2/1/2011

3/1/2011

4/1/2011

Sales

Jun.

Jul.

5/1/2011
6/1/2011
2011
2,264 Sales 2,458

May

7/1/2011

1,316

1,935

2,304

2,133

New Listings

3,676

4,156

4,544

4,372

Active Listings

7,434

8,234

9,309

10,082

64

54

48

52

51 AverageDOM
51

Average Price

404,637

411,542

412,037

426,576

Price
430,997 Average
426,235

Benchmark Price

347,300

351,600

356,200

164

166

168

AverageDOM

Index

2012

1/1/2012

2/1/2012

Sales

1,326

2,154

New Listings

3,477

Active Listings

7,256
69

AverageDOM

3/1/2012

8,863
10,082

6,613
10,798

11,014

5260

51 67

51

412,532

404,637
410,757

411,542
422,048

412,037
411,084

426,576
409,742

430,997
410,169 426,235
416,715 412,532

358,600

Price 359,600
359,400 Benchmark
359,400

347,300
358,400

351,600
358,600

356,200
357,700

358,600
357,100

359,400
357,100 359,400
369,059359,600

169

170

169

168

3,904

4,755

4,568

7,858

8,650

9,115

56

48

49

421,465

422,889

429,488

365,600

373,000

168

170

172

176

Aug-11

Aug-12

YTD2011

YTD2012

8/1/2011

8/1/2012

8/1/2011

8/1/2012

CREB RESIDENTIAL162
YTD SALES
BY PRICE
RANGE
00
157
1,207
1,233

30% -$ 349,999
$300,000

416

503

3,527

4,053

324

333

2,566

3,028

$350,000 - $399,999

273

311

2,434

2,760
2,350

$400,000 - $449,999

213

271

1,821

$450,000 - $499,999

158

195

1,260

1,603

$500,000 - $549,999

91

119

792

1,094

$550,000
20% - $599,999

69

63

565

769

$600,000 - $649,999

45

58

387

607

$650,000 - $699,999

42

47

363

444

52

82

434

590

$800,000 - $899,999

32

43

307

347

$900,000 - $999,999

14

18

149

206

$1,000,000 - $1,249,999

29

27

213

258

$1,250,000 - $1,499,999

14

10

124

113

39

73

40

33

15% - $799,999
$700,000
10%

5% - $1,749,999
$1,500,000
$1,750,000 - $1,999,999
$2,000,000 - $2,499,999

31

37

$2,500,000 - $2,999,999

21

18

0%

3,043

7/1/2012

2,906

2,557

New Listings

5,235 Active Listings

4,573

9,864 AverageDOM
9,802
48 Average Price
49

179

1/1/2012

8/1/2012

1,326

2,265

3,477

3,561
7,256

166
169

2/1/2012

9/1/2012
2,154

840

3,904

1,920
7,858

168

3/1/2012

169

168

3,948
10,980

55

169

168

56

5/1/2012

6/1/2012

3,043

2,906

2,557

4,755

4,568

5,235

4,573

3,742

8,650

9,115

9,864

9,802

2,699

19,736

7/1/2012

8/1/2012

33,815 9,433

54
393,778

#N/A
422,889

#N/A 444,221
#N/A 434,912
429,488

421,746

418,811
356,700

433,462
360,500

#N/A
365,600

#N/A 376,800
#N/A379,600
426,152 381,100
373,000

381,100

168
381,700

180

49

12/1/2012

- 56
46
421,465

180

-48

11/1/2012

48-

49

170
#N/A

172
#N/A

176
#N/A

178
#N/A

#N/A

#N/A

#N/A

#N/A

52

51 421,746

179

180

CREB RESIDENTIAL YTD SALES BY PRICE RANGE 0 0

YTD-AUGUST

30%

YTD-AUGUST
25%
20%
15%
10%
5%
0%
< $200,000 $200,000 - $300,000 - $350,000 - $450,000 - $550,000 - $700,000 +
$299,999 $349,999 $449,999 $549,999 $699,999
YTD-2009

< $200,000 $200,000

- $300,0001- $350,000
- $450,000
- $550,000 - $700,000 +
1
5
7
$299,999
$349,999
$449,999
$549,999
$699,999
$3,500,000 - $3,999,999
2
2

YTD-2010

YTD-2011

YTD-2012

Source: CREB

$3,000,000 - $3,499,999
$ ,
,
$4,000,000
+

YTD-2009

YTD-2010
1,950

YTD-2011
2,265

CREB Calgary Regional Housing Market Statistics

YTD-2012
16,370

1
19,736

170

2,786

10/1/2012

4/1/2012

169

45,614
4,590

8,97569

52

444,221 Benchmark
434,912
Price
376,800 Index
379,600
178

3,742
9,433

164
169

110

$100,000 - $199,999

25%

2,010

48
60

360,500

$200,000 - $299,999

22,900
2,458

Jul.

7/1/2011

10,247
9,309

2,786

82

1,290
2,264

YTD

Jun.
12/1/2011

6/1/2011

54
59

2,699

1,698
2,133

Dec.

May
12/1/2011

5/1/2011

10,880
8,234

393,778

1,702
2,304

Nov.

Apr.
11/1/2011

4/1/2011

5664

Sales

56

3/1/2011

10,913
7,434

4/1/2012

10,980

1,840
1,935

Oct.

Mar.
10/1/2011

1,501
4,866

169 Index
169
2012
5/1/2012
6/1/2012

3,986
3,676

2/1/2011

2,453
4,372

356,700

>$100,000

1,950
1,316

3,948

Sept.

Feb.
9/1/2011

3,387
4,544

Benchmark Price

CREB Total

1/1/2011

4,135
4,156

Average Price
Index

2,010

4,866 New Listings

4,590
10,798 Active Listings
11,014

Aug.

Jan.
8/1/2011

Source: CREB

Page 18

CREB total residential

CREB Calgary Regional Housing Market Statistics

Page 19

DEFINITIONS
SF - Single Family
TH - Condominium Townhouse
Months of Supply - Active Listings (Inventory) / sales
Composite - includes single family, apartment and townhouse activity
Average DOM - Average Days on Market for Sold properties
SP Sales Price

LP - List Price
Sales $ / List $ - sales price to list price ration
CRES - Country residential properties
YTD - Year to Date
3 month MA - 3 month Moving Average

HOW THESE STATISTICS ARE CALCULATED

In order to align our data with the MLS Home Price Index (HPI), we made several changes to the data that we report,
as well as the monthly statistics.
The new package provides more information and data exclusions provide a better residential picture. All the data
provided through the monthly statistics package as of March 2012, reflect these adjustments. Please note, historical
PDF packages do not include the changes.
A summary of these changes is available below:
MONTHLY STATISTICS PACKAGE

We now provide monthly statistics for: CREB Total Residential, CREB Towns, CREB Country Residential (CRES),
City of Calgary, City of Calgary Single Family, City of Calgary Apartment, City of Calgary Townhouse.
Median prices have been removed and replaced with the benchmark price and the index.
MLS HPI Summary was added.
Several trending graphs and summary stats were added for each category

All categories exclude: vacant lots, time shares, parking stalls and mobile homes on leased land.
CITY OF CALGARY

Includes sales in Zones A, B, C, D only.

Condominium Apartment includes all Condominium title properties that are classified by type as either a lowrise or high-rise apartment.
Condominium Townhouse include all Condominium titled properties that are not classified as an Apartment.
Historical inventories have been adjusted to best reflect the adjustments made to the data.

TOTAL MLS

Changed to CREB Total Residential and excludes the following:

Excludes: Rural Land, Country Recreational (CREC),
The exclusions applied to the data results in roughly 400 500 less sales per year.
Historical inventories have been revised to best reflect the adjustments made to the data, while Mobile Homes,
Rural Land and CREC inventories could be pulled out of the total MLS inventory data. No adjustments could be
made for Vacant Lots, Time Shares and Parking Stalls, indicating historic figures could be slightly overstated
compared to current numbers.

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 Service are owned by the Canadian Real Estate Association (CREA) and identify the quality of services
provided by real estate professionals who are members of CREA. The trademarks REALTOR and REALTORS are
controlled by CREA and identify real estate professionals who are members of CREA, and subsequently the Alberta
Real Estate Association and CREB, used under licence.

CREB Calgary Regional Housing Market Statistics

Page 20