CALGARY REGIONAL HOUSING MARKET STATISTICS

2.14

SALES GROWTH BOOSTED BY CONDOMINIUM ACTIVITY

Lack of choice in single family sector impacts sale growth.
Calgary, March. 3, 2014 Following double digit gains last

month, sales growth in the city of Calgary totaled 1,854

units, or an 8.68 per cent increase over the same period in
2013. Slower sales growth resulted in a reduction of listings
in the single family sector. However, single family sales still
totalled 1,230 units, a 1.9 per cent increase over the previous
year.
Demand growth in the single family sector has been
restricted by the availability of product, says CREB Chief
Economist Ann-Marie Lurie. New listings in this sector fell
for the second consecutive month, causing further
tightening in an already undersupplied market.
Despite the pull back in the single family sector,
condominium sales continue to surge. After the first two
months of the year, both condominium apartment and
townhouse sales increased by 28 per cent compared to last
year.
Consumers who are in the market for single family homes
priced below $300,000 do not have many options, and
when product does become available, it typically does not
stay on the market for long, says CREB President Bill Kirk.
However, nearly 54 per cent of the new condominium
apartment listings this year are priced below $300,000,
which is providing options for consumers looking for
affordable product.
The condominium market benefited from significant gains in
new listings. Year-to-date, condominium apartment and
townhouse listings improved by a respective 17 and 4 per
cent for a combined total of 1,737 units.

As we move into the spring market we expect that listings

will improve in all sectors, says Kirk. The rise in listings will
help ease some of the tightness in the market, with price
growth impacts varying by community and property type.
With no significant additions to the housing supply, resale
prices continued to rise.
The unadjusted single family benchmark price totalled
$482,800 in February, a 1.28 per cent increase over the
previous month and a 9.1 per cent increase over the previous
year.
Meanwhile condominium apartment and townhouse prices
totaled a respective $283,400 and $309,700. Condominium
apartment price increases remain at double digit levels this
month with a year-over-year gain of 12.4 per cent.
Despite the strong gains in condominium prices, overall
benchmark prices in both the apartment and townhouse
sector continue to remain below peak records set back in
2007.
Resale market conditions have favoured the seller, and this
has translated into price gains, which is strongest in the
condominium sector, says Lurie. However, it is important
to note that condominium prices have not yet risen above
previous highs, whereas single family prices recovered last
year.

SINGLE FAMILY NEW LISTINGS BY PRICE RANGE

YTD FEBRUARY

40%
35%
30%
25%
20%
15%
10%
5%
0%

<$200,000

YTD-2011

$200,000 - $300,000 - $400,000 $299,999

$399,999
$499,999
YTD-2012
YTD-2013
YTD-2014

CREB Calgary Regional Housing Market Statistics

$500,000 $599,999

$600,000 $699,999

$700,000 999,999

$1,000,000+

Source: CREB
YTD - Year To Date

page 1 d

CREB - SUMMARY STATS

CREB TOTAL RESIDENTIAL

Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $
Average DOM
Average Price
Benchmark Price
Index
CREB CITY OF CALGARY
Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $
Average DOM
Average Price
Benchmark Price
Index
CREB TOWNS
Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $
Average DOM
Average Price
Benchmark Price
Index
CREB CRES
Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $
Average DOM
Average Price
Median Price

Feb-13

Feb-14

Y/Y %

2,128
$964,800,791
3,635
6,366
0.59
97.37%
47
$453,384
$389,300
184

2,397
$1,135,849,317
3,662
5,291
0.65
98.29%
39
$473,863
$424,800
200

12.64%
17.73%
0.74%
-16.89%
11.81%
0.92%
-16.98%
4.52%
9.12%
9.10%

1,706
$780,238,166
2,670
3,539
0.64
97.53%
38
$457,349
$396,100
185

1,854
$894,609,926
2,711
2,892
0.68
98.59%
30
$482,530
$434,100
202

256
$86,664,027
559
1,381
0.46
97.61%
69
$338,531
$332,500
175
72
$59,847,922
209
761
0.34
95.19%
104
$831,221
$758,750

Feb-13

Feb-14

2014 YTD

Y/Y %

3,716
$1,650,639,976
7,097
N/A
0.52
97.33%
52
$444,198

4,240
$1,974,938,799
6,968
N/A
0.61
98.13%
38
$465,787

14.10%
19.65%
-1.82%

8.68%
14.66%
1.54%
-18.28%
7.03%
1.05%
-22.16%
5.51%
9.59%
9.58%

2,935
$1,320,707,088
5,163
N/A
0.57
97.50%
43
$449,985

3,293
$1,559,542,737
5,104
N/A
0.65
98.36%
34
$473,593

359
$139,028,415
544
1,202
0.66
98.24%
56
$387,266
$351,300
185

40.23%
60.42%
-2.68%
-12.96%
44.10%
0.63%
-18.10%
14.40%
5.65%
5.66%

501
$172,221,334
1,101
N/A
0.46
97.36%
93
$343,755

610
$234,170,736
1,095
N/A
0.56
98.03%
69
$383,886

60
$53,127,500
209
696
0.29
94.23%
126
$885,458
$756,500

-16.67%
-11.23%
0.00%
-8.54%
-16.67%
-0.97%
21.36%
6.53%
-0.30%

106
$90,488,822
448
N/A
0.24
95.05%
118
$853,668

119
$97,089,300
407
N/A
0.29
95.21%
113
$815,876

2013 YTD

16.21%
0.79%
-26.92%
4.86%

12.20%
18.08%
-1.14%
13.49%
0.86%
-20.93%
5.25%

21.76%
35.97%
-0.54%
22.42%
0.67%
-25.81%
11.67%

12.26%
7.29%
-9.15%
23.57%
0.16%
-4.24%
-4.43%

For a list of definitions, see page 20.

CREB Calgary Regional Housing Market Statistics

page 2

CREB SUMMARY STATISTICS CITY OF CALGARY

SINGLE FAMILY
Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $
Average DOM
Average Price
Benchmark Price
Index
CONDO APARTMENT
Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $
Average DOM
Average Price
Benchmark Price
Index
CONDO TOWNHOUSE
Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $
Average DOM
Average Price
Benchmark Price
Index

Feb-13

Feb-14

Y/Y %

1,207
$625,804,902
1,874
2,408
0.64
97.57%
37
$518,480
$442,500
188

1,230
$676,883,874
1,785
1,894
0.69
98.63%
29
$550,312
$482,800
205

1.91%
8.16%
-4.75%
-21.35%
6.99%
1.06%
-20.67%
6.14%
9.11%
9.11%

279
$80,277,616
453
704
0.62
97.24%
45
$287,733
$252,900
177

359
$117,719,899
574
677
0.63
97.95%
33
$327,911
$283,400
198

220
$74,155,648
343
427
0.64
97.54%
38
$337,071
$283,000
177

265
$100,006,153
352
324
0.75
99.03%
28
$377,382
$309,700
194

CREB Calgary Regional Housing Market Statistics

Feb-13

Feb-14

2014 YTD

Y/Y %

2,085
$1,062,013,468
3,606
N/A
0.58
97.57%
41
$509,359

2,203
$1,183,503,098
3,367
N/A
0.65
98.40%
34
$537,223

5.66%
11.44%
-6.63%

28.67%
46.64%
26.71%
-3.84%
1.55%
0.72%
-25.87%
13.96%
12.06%
12.06%

483
$137,411,304
904
N/A
0.53
97.05%
52
$284,495

619
$199,536,073
1,059
N/A
0.58
97.86%
36
$322,352

20.45%
34.86%
2.62%
-24.12%
17.37%
1.49%
-26.62%
11.96%
9.43%
9.45%

367
$121,282,316
653
N/A
0.56
97.42%
43
$330,470

471
$176,503,566
678
N/A
0.69
98.67%
32
$374,742

2013 YTD

13.16%
0.83%
-17.07%
5.47%

28.16%
45.21%
17.15%
9.40%
0.81%
-30.77%
13.31%

28.34%
45.53%
3.83%
23.61%
1.26%
-25.58%
13.40%

page 3

MLS HPI SUMMARY

February 2014
Benchmark Price
Index (HPI)

Jan-14

Aug-13

% Changes
Feb-13

Feb-11

Feb-09

CREB TOTAL RESIDENTIAL

Single Family
Townhouse
Apartment
COMPOSITE

465,500
308,700
282,200
424,800

202
194
198
200

1.3%
0.6%
1.0%
1.2%

3.4%
3.8%
4.7%
3.6%

8.6%
9.7%
12.0%
9.1%

21.8%
16.2%
19.4%
20.8%

26.5%
16.4%
22.1%
24.7%

CREB TOWNS
Single Family
Townhouse
Apartment
COMPOSITE

356,800
256,700
202,700
351,300

184
207
174
185

1.4%
1.8%
1.2%
1.4%

0.7%
5.6%
3.9%
0.9%

5.3%
13.8%
6.4%
5.7%

14.7%
23.0%
9.5%
14.9%

14.6%
15.5%
3.7%
14.1%

CREB CITY OF CALGARY

Single Family
Townhouse
Apartment
COMPOSITE

482,800
309,700
283,400
434,100

205
194
198
202

1.3%
0.5%
1.0%
1.1%

3.9%
3.8%
4.7%
4.0%

9.1%
9.4%
12.1%
9.6%

23.1%
15.8%
19.6%
21.6%

28.6%
16.6%
22.5%
26.1%

CREB Calgary Regional Housing Market Statistics

page 4

COMPARISONS

Benchmark Price - February

600,000
500,000
400,000
300,000
200,000
100,000
1 storey

2 Storey

CREB Total Residential

Total SF

CREB City of Calgary

Months of Supply - February

Townhouse

Total Composite
Source: CREB

CREB Towns

Sales Distribution - February

8.0

120%

7.0

100%

6.0

80%

5.0
4.0

2.50%
16.85%

19.36%

13.60%

14.29%

67.38%

66.34%

7.24%
9.75%

60%

3.0

40%

2.0
1.0
-

Apartment

20%
Months of Supply SF

Months of Supply
Townhouse

CREB Total Residential

CREB Towns

Months of Supply
Apartment

83.01%

0%
CREB Total
Residential

CREB City of
Calgary

CREB Towns

CREB City of Calgary

Single Family

Source: CREB

CALGARY INDEX VALUE

Townhouse

Apartment

CRES

Source: CREB

CALGARY INDEX YEAR OVER YEAR COMPARISON

15%

210

10%

200

5%

190

0%

180

-5%

170

-10%

160

-15%
-20%

150

Index Value Single Family

Index Value Tonwhouse

Index Value Apartment

CREB Calgary Regional Housing Market Statistics

Source: CREB

SF Y/Y Index Price Change

Apartment Y/Y Index Price Change
Townhouse Y/Y Price Change

Source: CREB

page 5 d

CREB CITY OF CALGARY

Jan.
1/1/2013
1,229
2,493
3,084
50
439,763
392,000
183
1/1/2014
1,439
2,393
2,524
40
462,080
429,100
200

2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2014
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

T41306
Calgary Total
>$100,000
$100,000 - $199,999
$200,000 - $299,999
$300,000 -$ 349,999
$350,000 - $399,999
$400,000 - $449,999
$450,000 - $499,999
$500,000 - $549,999
$550,000 - $599,999
$600,000 - $649,999
$650,000 - $699,999
$700,000 - $799,999
$800,000 - $899,999
$900,000 - $999,999
$1,000,000 - $1,249,999
$1,250,000 - $1,499,999
$1,500,000 - $1,749,999
$1,750,000 - $1,999,999
$2,000,000 - $2,499,999
$2,500,000 - $2,999,999
$3,000,000 - $3,499,999
$3,500,000 - $3,999,999
$4,000,000 +

Feb-13
2/1/2013
4
76
326
251
224
205
148
106
83
56
47
64
38
15
31
15
4
5
4
2
1
1
1,706

Feb.
2/1/2013
1,706
2,670
3,539
38
457,349
396,100
185
2/1/2014
1,854
2,711
2,892
30
482,530
434,100
202

T41671
Feb-14
2/1/2014
37
283
240
257
223
185
151
99
86
70
83
48
26
32
12
10
6
3
1
2
1,854

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2013
2,107
3,192
4,007
35
461,038
400,600
187
3/1/2014
1,116
1,333
2,831
29
481,939
NA
NA

T2013
YTD2013
2/1/2013
6
149
558
409
407
355
254
190
133
92
74
114
63
34
46
25
9
7
5
3
1
1
2,935

Apr.
4/1/2013
2,377
3,475
4,366
33
446,168
406,000
189
4/1/2014
NA
NA
NA
NA
NA

May
5/1/2013
2,535
3,714
4,743
32
461,409
409,600
191
5/1/2014
NA
NA
NA
NA
NA

Jun.
6/1/2013
2,307
2,998
4,584
35
466,466
412,000
192
6/1/2014
NA
NA
NA
NA
NA

Jul.
7/1/2013
2,265
2,725
4,092
39
460,232
414,100
193
7/1/2014
NA
NA
NA
NA
NA

Aug.
8/1/2013
2,193
2,773
3,898
38
453,953
417,300
195
8/1/2014
NA
NA
NA
NA
NA

Sept.
9/1/2013
1,920
2,794
3,922
36
454,214
417,600
195
9/1/2014
NA
NA
NA
NA
NA

Oct.
10/1/2013
1,949
2,521
3,841
40
458,761
421,400
197
10/1/2014
NA
NA
NA
NA
NA

Nov.
11/1/2013
1,725
1,824
3,156
40
458,162
424,600
198
11/1/2014
NA
NA
NA
NA
NA

Dec.
12/1/2013
1,171
972
2,236
46
454,387
425,700
199
12/1/2014
NA
NA
NA
NA
NA

YTD
12/1/2013
23,484
32,151
37
456,696

2/1/2014
3,293
5,104
34
473,593

T2014
YTD2014
2/1/2014
78
518
424
463
404
338
284
174
129
117
133
85
39
49
22
15
10
6
2
1
2
3,293

CALGARY YTD SALES BY PRICE RANGE

YTD FEBRUARY

35%
30%
25%
20%
15%
10%
5%
0%

YTD-2011

YTD-2012

YTD-2013

YTD-2014

Source: CREB

page 6 d

CITY OF CALGARY

CALGARY YTD TOTAL SALES

CALGARY YTD TOTAL NEW LISTINGS

YTD-FEBRUARY

6,000
5,000
4,000
3,000
2,000
1,000
0

SF Sales
TH Sales

Apartment Sales
10 Year Average

SF New Listings
TH New Listings

Source: CREB

500,000

4,500

450,000

4,000

400,000

3,500

350,000

3,000

300,000

2,500

250,000

2,000

200,000

1,500

150,000

100,000

1,000

50,000

500

Inventory

Sales

Benchmark Price

Apartment New Listings

10 Year Average
Source: CREB

CALGARY MONTHS OF INVENTORY

CALGARY INVENTORY AND SALES

5,000

YTD-FEBRUARY

10,000
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0

1
-

Months of Supply 3 month MA

Source: CREB

CALGARY PRICE CHANGE COMPARISON

BALANCED

Source: CREB

CALGARY PRICES
500,000

15%

480,000

10%

460,000

5%

440,000

0%

420,000

-5%

400,000
380,000

-10%

360,000

-15%

340,000

-20%

320,000

Average Price Y/Y% Change

Index Y/Y% Change

Y/Y Median Price Change

Source: CREB

CREB Calgary Regional Housing Market Statistics

Average Price
Benchmark Price

Median Price

Source: CREB

page 7 d

CREB CITY OF CALGARY SINGLE FAMILY

Jan.
1/1/2013
878
1,732
2,075
47
496,821
436,900
185
1/1/2014
973
1,582
1,671
40
520,678
476,700
202

2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2014
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

SF41306
Calgary SF
>$100,000
$100,000 - $199,999
$200,000 - $299,999
$300,000 -$ 349,999
$350,000 - $399,999
$400,000 - $449,999
$450,000 - $499,999
$500,000 - $549,999
$550,000 - $599,999
$600,000 - $649,999
$650,000 - $699,999
$700,000 - $799,999
$800,000 - $899,999
$900,000 - $999,999
$1,000,000 - $1,249,999
$1,250,000 - $1,499,999
$1,500,000 - $1,749,999
$1,750,000 - $1,999,999
$2,000,000 - $2,499,999
$2,500,000 - $2,999,999
$3,000,000 - $3,499,999
$3,500,000 - $3,999,999
$4,000,000 +

Feb-13
2/1/2013
1
8
114
163
186
170
125
98
77
50
44
62
37
13
28
14
4
5
4
2
1
1
1,207

Feb.
2/1/2013
1,207
1,874
2,408
37
518,480
442,500
188
2/1/2014
1,230
1,785
1,894
29
550,312
482,800
205

SF41671
Feb-14
2/1/2014
1
49
108
173
176
159
134
89
77
63
76
43
22
30
10
9
5
3
1
2
1,230

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2013
1,479
2,234
2,727
33
518,468
446,500
190
3/1/2014
837
909
1,832
29
542,860
NA
NA

SF2013
YTD2013
2/1/2013
1
12
190
285
328
298
227
174
127
84
69
109
60
31
42
22
9
7
5
3
1
1
2,085

Apr.
4/1/2013
1,607
2,407
2,977
31
510,639
452,900
192
4/1/2014
NA
NA
NA
NA
NA

May
5/1/2013
1,759
2,657
3,311
31
521,773
456,900
194
5/1/2014
NA
NA
NA
NA
NA

Jun.
6/1/2013
1,632
2,147
3,199
34
526,918
459,700
195
6/1/2014
NA
NA
NA
NA
NA

Jul.
7/1/2013
1,573
1,957
2,917
37
524,976
461,600
196
7/1/2014
NA
NA
NA
NA
NA

Aug.
8/1/2013
1,514
1,964
2,791
37
517,651
464,700
197
8/1/2014
NA
NA
NA
NA
NA

Sept.
9/1/2013
1,351
1,973
2,789
37
512,296
463,700
197
9/1/2014
NA
NA
NA
NA
NA

Oct.
10/1/2013
1,333
1,736
2,705
38
516,375
468,000
199
10/1/2014
NA
NA
NA
NA
NA

Nov.
11/1/2013
1,195
1,233
2,171
39
516,234
470,600
200
11/1/2014
NA
NA
NA
NA
NA

Dec.
12/1/2013
772
649
1,515
45
527,634
472,200
200
12/1/2014
NA
NA
NA
NA
NA

YTD
12/1/2013
16,300
22,563
36
517,873

2/1/2014
2,203
3,367
34
537,223

SF2014
YTD2014
2/1/2014
5
96
207
327
326
292
247
158
113
105
122
74
33
45
20
13
9
6
2
1
2
2,203

CALGARY YTD SINGLE FAMILY SALES BY PRICE RANGE

YTD FEBRUARY

40%
35%
30%
25%
20%
15%
10%
5%
0%

YTD-2011

YTD-2012

YTD-2013

YTD-2014

Source: CREB

page 8 d

CITY OF CALGARY SINGLE FAMILY

CALGARY YTD SINGLE FAMILY NEW LISTINGS

CALGARY YTD SINGLE FAMILY SALES

YTD-FEBRUARY

4,000
3,500

YTD-FEBRUARY

7,000
6,000

3,000

5,000

2,500

4,000

2,000

3,000

1,500

2,000

1,000

1,000

500

SF Sales

10 Year Average

3,500

600,000

3,000

500,000
400,000

2,000
1,500
1,000

SF Inventory

SF Sales

SF Benchmark Price

7
6
5
4

200,000

Source: CREB

300,000

100,000

500

10 Year Average

CALGARY SINGLE FAMILY MONTHS OF INVENTORY

CALGARY SINGLE FAMILY INVENTORY AND SALES

2,500

SF New Listings

Source: CREB

BALANCED

2
1
-

SF Months of Supply 3 month MA

Source: CREB

Source: CREB

CALGARY SINGLE FAMILY PRICES

CALGARY SINGLE FAMILY PRICE CHANGE COMPARISON

600,000

15%

550,000

10%
5%

500,000

0%
450,000
-5%
400,000

-10%
-15%

350,000

SF Average Price Y/Y% Change

Index Y/Y% Change

SF Median Price Change

CREB Calgary Regional Housing Market Statistics

Source: CREB

SF Average Price
SF Benchmark Price

SF Median Price

Source: CREB

page 9 d

CITY OF CALGARY CONDOMINIUM TOWNHOUSE

Jan.
1/1/2013
147
310
369
52
320,590
283,400
177
1/1/2014
206
326
277
38
371,347
308,100
193

2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2014
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

TH41306
Calgary Townhouse
>$100,000
$100,000 - $199,999
$200,000 - $299,999
$300,000 -$ 349,999
$350,000 - $399,999
$400,000 - $449,999
$450,000 - $499,999
$500,000 - $549,999
$550,000 - $599,999
$600,000 - $649,999
$650,000 - $699,999
$700,000 - $799,999
$800,000 - $899,999
$900,000 - $999,999
$1,000,000 - $1,249,999
$1,250,000 - $1,499,999
$1,500,000 - $1,749,999
$1,750,000 - $1,999,999
$2,000,000 - $2,499,999
$2,500,000 - $2,999,999
$3,000,000 - $3,499,999
$3,500,000 - $3,999,999
$4,000,000 +

Feb-13
2/1/2013
2
20
82
41
20
24
11
6
3
5
1
1
1
2
1
220

Feb.
2/1/2013
220
343
427
38
337,071
283,000
177
2/1/2014
265
352
324
28
377,382
309,700
194

TH41671
Feb-14
2/1/2014
8
68
77
41
25
13
6
5
6
5
4
2
1
1
2
1
265

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2013
282
398
484
39
355,757
286,800
179
3/1/2014
134
165
323
28
344,346
NA
NA

TH2013
YTD2013
2/1/2013
2
44
141
60
40
35
13
11
3
6
3
1
2
1
3
2
367

Apr.
4/1/2013
341
453
518
36
337,119
288,900
181
4/1/2014
NA
NA
NA
NA
NA

May
5/1/2013
365
423
503
33
340,889
292,100
183
5/1/2014
NA
NA
NA
NA
NA

Jun.
6/1/2013
317
361
489
39
341,518
295,000
184
6/1/2014
NA
NA
NA
NA
NA

Jul.
7/1/2013
295
302
407
38
327,570
294,500
184
7/1/2014
NA
NA
NA
NA
NA

Aug.
8/1/2013
282
358
417
34
331,793
298,500
187
8/1/2014
NA
NA
NA
NA
NA

Sept.
9/1/2013
245
361
450
31
339,534
299,100
187
9/1/2014
NA
NA
NA
NA
NA

Oct.
10/1/2013
279
335
444
43
363,890
302,200
189
10/1/2014
NA
NA
NA
NA
NA

Nov.
11/1/2013
227
238
380
38
353,817
305,700
191
11/1/2014
NA
NA
NA
NA
NA

Dec.
12/1/2013
179
112
242
48
332,893
307,100
192
12/1/2014
NA
NA
NA
NA
NA

YTD
12/1/2013
3,179
3,994
38
341,008

2/1/2014
471
678
32
374,742

TH2014
YTD2014
2/1/2014
16
130
126
73
39
29
13
7
10
8
7
4
2
3
2
2
471

CALGARY YTD TOWNHOUSE SALES BY PRICE RANGE

YTD FEBRUARY

50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%

YTD-2011

YTD-2012

YTD-2013

YTD-2014

Source: CREB

page 10 d

CITY OF CALGARY CONDOMINIUM TOWNHOUSE

CALGARY YTD TOWNHOUSE NEW LISTINGS

CALGARY YTD TOWNHOUSE SALES

YTD-FEBRUARY

800
700

YTD-FEBRUARY

1,200
1,000

600

800

500

600

400
300

400

200

200

100

Townhouse Sales

10 Year Average

Townhouse New Listings

Source: CREB

CALGARY TOWNHOUSE INVENTORY AND SALES

350,000

500

300,000

250,000

200,000

300

150,000

200

100,000

100
-

TH Inventory

TH Sales

TH Benchmark Price

Source: CREB

CALGARY TOWNHOUSE MONTHS OF INVENTORY

600

400

10 Year Average

5
4
3

BALANCED

50,000

TH Months of Supply 3 month MA

Source: CREB

Source: CREB

CALGARY TOWNHOUSE PRICES

CALGARY TOWNHOUSE PRICE CHANGE COMPARISON

400,000

25%

380,000

20%

360,000

15%

340,000

10%
5%

320,000

0%

300,000

-5%

280,000

-10%

260,000

-15%

240,000

-20%

220,000

TH Average Price Y/Y % Change

Index Y/Y% Change

TH Median Price Change

CREB Calgary Regional Housing Market Statistics

Source: CREB

TH Average Price
TH Benchmark Price

Median Price

Source: CREB

page 11 d

CITY OF CALGARY CONDOMINIUM APARTMENTS

Jan.
1/1/2013
204
451
640
62
280,067
251,300
176
1/1/2014
260
485
577
42
314,678
280,600
196

2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2014
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

A41306
Calgary Apartment
>$100,000
$100,000 - $199,999
$200,000 - $299,999
$300,000 -$ 349,999
$350,000 - $399,999
$400,000 - $449,999
$450,000 - $499,999
$500,000 - $549,999
$550,000 - $599,999
$600,000 - $649,999
$650,000 - $699,999
$700,000 - $799,999
$800,000 - $899,999
$900,000 - $999,999
$1,000,000 - $1,249,999
$1,250,000 - $1,499,999
$1,500,000 - $1,749,999
$1,750,000 - $1,999,999
$2,000,000 - $2,499,999
$2,500,000 - $2,999,999
$3,000,000 - $3,499,999
$3,500,000 - $3,999,999
$4,000,000 +

Feb-13
2/1/2013
1
48
130
47
18
11
12
2
3
1
2
1
1
1
1
279

Feb.
2/1/2013
279
453
704
45
287,733
252,900
177
2/1/2014
359
574
677
33
327,911
283,400
198

A41671
Feb-14
2/1/2014
28
166
55
43
22
13
11
5
3
2
3
3
3
1
1
359

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2013
346
560
796
41
301,358
257,700
180
3/1/2014
145
258
676
27
257,229
NA
NA

A2013
YTD2013
2/1/2013
3
93
227
64
39
22
14
5
3
2
2
4
1
2
1
1
483

Apr.
4/1/2013
429
615
871
41
291,345
261,300
183
4/1/2014
NA
NA
NA
NA
NA

May
5/1/2013
411
634
929
35
310,096
263,600
184
5/1/2014
NA
NA
NA
NA
NA

Jun.
6/1/2013
358
490
896
38
301,523
264,000
184
6/1/2014
NA
NA
NA
NA
NA

Jul.
7/1/2013
397
466
768
50
302,278
267,600
187
7/1/2014
NA
NA
NA
NA
NA

Aug.
8/1/2013
397
451
690
43
297,807
270,600
189
8/1/2014
NA
NA
NA
NA
NA

Sept.
9/1/2013
324
460
683
39
298,743
272,900
191
9/1/2014
NA
NA
NA
NA
NA

Oct.
10/1/2013
337
450
692
43
309,415
276,100
193
10/1/2014
NA
NA
NA
NA
NA

Nov.
11/1/2013
303
353
605
43
307,308
279,600
195
11/1/2014
NA
NA
NA
NA
NA

Dec.
12/1/2013
220
211
479
50
296,207
278,600
195
12/1/2014
NA
NA
NA
NA
NA

YTD
12/1/2013
4,005
5,594
43
299,536

2/1/2014
619
1,059
36
322,352

A2014
YTD2014
2/1/2014
57
292
91
63
39
17
24
9
6
4
4
7
4
1
1
619

CALGARY YTD APARTMENT SALES BY PRICE RANGE

YTD FEBRUARY

50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%

YTD-2011

YTD-2012

YTD-2013

YTD-2014

Source: CREB

page 12 d

CITY OF CALGARY CONDOMINIUM APARTMENTS

CALGARY YTD APARTMENT NEW LISTINGS

CALGARY YTD APARTMENT SALES

YTD-FEBRUARY

1,000
900

1,600

800

1,400

700

YTD-FEBRUARY

1,800

1,200

600

1,000

500

800

400

600

300
200

400

100

200

Apartment Sales

10 Year Average

300,000

900

250,000

800
700

200,000

600

150,000

500
400

100,000

300
200

50,000

100

Apartment Inventory
Apartment Benchmark Price

10 Year Average

Source: CREB

CALGARY APARTMENT MONTHS OF INVENTORY

CALGARY APARTMENT INVENTORY AND SALES

1,000

Apartment New Listings

Source: CREB

9
8
7
6
5
4
3

BALANCED

2
1
-

Apartment Sales
Source: CREB

CALGARY APARTMENT PRICE CHANGE COMPARISON

Apartment Months of Supply 3 month MA

Source: CREB

CALGARY APARTMENT PRICES

25%

340,000

20%

320,000

15%
10%

300,000

5%

280,000

0%

260,000

-5%
-10%

240,000

-15%

220,000

-20%

200,000

Apartment Average Price Y/Y% Change

Median Price Change
Index Y/Y% Change

CREB Calgary Regional Housing Market Statistics

Source: CREB

Apartment Average Price

Benchmark Price

Median Price

Source: CREB

page 13 d

CREB TOWNS
Jan.
1/1/2013
245
542
1,218
82
349,213
329,200
173
1/1/2014
251
551
1,141
68
379,053
346,500
182

2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2014
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

TO41306
CREB Towns
>$100,000
$100,000 - $199,999
$200,000 - $299,999
$300,000 -$ 349,999
$350,000 - $399,999
$400,000 - $449,999
$450,000 - $499,999
$500,000 - $549,999
$550,000 - $599,999
$600,000 - $649,999
$650,000 - $699,999
$700,000 - $799,999
$800,000 - $899,999
$900,000 - $999,999
$1,000,000 - $1,249,999
$1,250,000 - $1,499,999
$1,500,000 - $1,749,999
$1,750,000 - $1,999,999
$2,000,000 - $2,499,999
$2,500,000 - $2,999,999
$3,000,000 - $3,499,999
$3,500,000 - $3,999,999
$4,000,000 +

Feb-13
2/1/2013
7
30
64
48
42
24
20
9
2
3
1
3
2
1
256

Feb.
Mar.
2/1/2013
3/1/2013
256
364
559
659
1,381
1,533
69
55
338,531
364,728
332,500
336,100
175
177
2/1/2014
3/1/2014
359
134
544
331
1,202
1,786
56
39
387,266
394,923
351,300 NA
185 NA

TO41671
Feb-14
2/1/2014
2
24
77
45
71
46
37
19
15
6
5
4
3
1
2
2
359

CREB Calgary Regional Housing Market Statistics

TO2013
YTD2013
2/1/2013
14
58
117
92
81
49
41
21
7
6
4
6
1
2
1
1
501

Apr.
4/1/2013
431
765
1,705
66
365,877
339,900
179
4/1/2014
NA
NA
NA
NA
NA

May
5/1/2013
486
773
1,767
64
367,698
343,900
181
5/1/2014
NA
NA
NA
NA
NA

Jun.
6/1/2013
470
587
1,606
62
370,550
346,200
182
6/1/2014
NA
NA
NA
NA
NA

July.
7/1/2013
480
671
1,570
60
374,672
346,400
182
7/1/2014
NA
NA
NA
NA
NA

Aug.
8/1/2013
431
591
1,517
57
364,998
348,100
183
8/1/2014
NA
NA
NA
NA
NA

Sept.
9/1/2013
377
549
1,443
58
378,736
345,800
182
9/1/2014
NA
NA
NA
NA
NA

Oct.
10/1/2013
382
513
1,390
59
380,376
345,400
182
10/1/2014
NA
NA
NA
NA
NA

Nov.
11/1/2013
317
379
1,241
64
392,647
347,900
183
11/1/2014
NA
NA
NA
NA
NA

Dec.
12/1/2013
201
218
1,008
65
376,726
346,500
182
12/1/2014
NA
NA
NA
NA
NA

YTD
12/1/2013
4,440
6,806
68
369,588

2/1/2014
610
1,095
69
383,886

TO2014
YTD2014
2/1/2014
3
44
128
71
118
85
68
30
21
18
9
5
4
1
3
2
610

CREB TOWNS YTD SALES BY PRICE RANGE

YTD FEBRUARY

40%
35%
30%
25%
20%
15%
10%
5%
0%

YTD-2012

YTD-2012

YTD-2013

YTD-2014

Source: CREB

page 14 d

CREB TOWNS

CREB TOWNS YTD TOTAL SALES

CREB TOWNS YTD TOTAL NEW LISTINGS

900

1,800

800

1,600

700

1,400

600

1,200

500

1,000

400

800

300

600

200

400
200

100

SF Sales
TH Sales

Apartment Sales
10 Year Average

1,800
1,600
1,400

400,000

14

350,000

12

300,000

10

1,200

250,000

1,000

200,000

800

150,000

600

100,000

400
200
-

Inventory

Sales

Benchmark Price

Apartment New Listings

Source: CREB
10 Year Average

CREB TOWNS MONTHS OF INVENTORY

CREB TOWNS INVENTORY AND SALES

2,000

SF New Listings
TH New Listings

Source: CREB

8
6

BALANCED

50,000

Months of Supply 3 month MA

Source: CREB

CREB TOWNS PRICE CHANGE COMPARISON

Source: CREB

CREB TOWNS PRICES

20%

410,000

15%

390,000
370,000

10%

350,000

5%

330,000

0%

310,000

-5%

290,000

-10%

270,000

-15%

250,000

Average Price Y/Y% Change

Index Y/Y% Change

Median Price Change

Source: CREB

CREB Calgary Regional Housing Market Statistics

Average Price

Median Price

Benchmark Price
Source: CREB

page 15 d

CREB COUNTRY RESIDENTIAL

Jan.
1/1/2013
34
239
741
155
901,203
1/1/2014
59
198
649
100
745,115

2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
2014
Sales
New Listings
Active Listings
AverageDOM
Average Price

C41306
CRES
>$100,000
$100,000 - $199,999
$200,000 - $299,999
$300,000 -$ 349,999
$350,000 - $399,999
$400,000 - $449,999
$450,000 - $499,999
$500,000 - $549,999
$550,000 - $599,999
$600,000 - $649,999
$650,000 - $699,999
$700,000 - $799,999
$800,000 - $899,999
$900,000 - $999,999
$1,000,000 - $1,249,999
$1,250,000 - $1,499,999
$1,500,000 - $1,749,999
$1,750,000 - $1,999,999
$2,000,000 - $2,499,999
$2,500,000 - $2,999,999
$3,000,000 - $3,499,999
$3,500,000 - $3,999,999
$4,000,000 +

Feb-13
2/1/2013
1
1
3
3
1
3
3
4
5
4
5
7
5
9
6
7
2
1
1
1
72

Feb.
2/1/2013
72
209
761
104
831,221
2/1/2014
60
209
696
126
885,458

C41671
Feb-14
2/1/2014
1
3
1
3
4
4
3
4
4
5
8
5
6
2
2
2
1
2
60

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2013
72
258
897
107
774,036
3/1/2014
21
103
5,425
36
1,199,500

C2013
YTD2013
2/1/2013
1
1
3
4
4
3
5
5
5
5
7
10
10
14
13
9
3
1
2
1
106

Apr.
4/1/2013
84
290
1,001
105
830,942
4/1/2014
NA
NA
NA

May
5/1/2013
104
334
1,123
91
762,134
5/1/2014
NA
NA
NA

Jun.
6/1/2013
99
270
1,138
87
814,436
6/1/2014
NA
NA
NA

Jul.
7/1/2013
90
237
1,132
96
811,453
7/1/2014
NA
NA
NA

Aug.
8/1/2013
95
222
1,157
105
754,478
8/1/2014
NA
NA
NA

Sept.
9/1/2013
96
209
1,034
98
829,119
9/1/2014
NA
NA
NA

Oct.
10/1/2013
80
185
1,007
110
827,605
10/1/2014
NA
NA
NA

Nov.
11/1/2013
79
107
812
110
937,556
11/1/2014
NA
NA
NA

Dec.
12/1/2013
50
71
638
100
937,990
12/1/2014
NA
NA
NA

YTD
12/1/2013
955
2,631
102
824,488
2/1/2014
119
407
113
815,876

C2014
YTD2014
2/1/2014
1
3
3
4
4
4
9
9
5
6
6
16
12
10
12
5
3
3
2
2
119

CRES YTD SALES BY PRICE RANGE

YTD FEBRUARY

35%
30%
25%
20%
15%
10%
5%
0%

YTD-2011

YTD-2012

YTD-2013

YTD-2014

Source: CREB

page 16 d

CREB COUNTRY RESIDENTIAL

CRES YTD TOTAL NEW LISTINGS

CRES YTD TOTAL SALES

500
450
400
350
300
250
200
150
100
50
0

160
140
120
100
80
60
40
20
0

CRES Sales

10 Year Average

1,200

1,000,000

35

900,000

30

800,000

1,000

700,000

25

800

600,000

20

500,000

600
400

400,000

15

300,000

10

200,000

200

100,000
0

Inventory

Sales

Median Price

10 Year Average

Source: CREB

CRES MONTHS OF INVENTORY

CRES INVENTORY AND SALES

1,400

CRES New Listings

Source: CREB

BALANCED

5
-

Months of Supply 3 month MA

Source: CREB

CRES PRICE CHANGE COMPARISON

Source: CREB

CRES PRICES
1,000,000

60%

950,000

50%

900,000

40%

850,000

30%

800,000

20%

750,000

10%

700,000

0%

650,000

-10%

600,000

-20%

550,000

-30%

500,000
Average Price Y/Y% Change
Median Price Change
Average Price Y/Y% Change 3 month MA

CREB Calgary Regional Housing Market Statistics

Source: CREB

Average Price
Median Price

Average Price 3 month MA

Source: CREB

page 17 d

CREB TOTAL RESIDENTIAL

Jan.
1/1/2013
1,588
3,462
5,713
59
431,889
385,300
182
1/1/2014
1,843
3,306
4,830
49
455,285
419,900
198

2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2014
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

CT41306
CREB Total
>$100,000
$100,000 - $199,999
$200,000 - $299,999
$300,000 -$ 349,999
$350,000 - $399,999
$400,000 - $449,999
$450,000 - $499,999
$500,000 - $549,999
$550,000 - $599,999
$600,000 - $649,999
$650,000 - $699,999
$700,000 - $799,999
$800,000 - $899,999
$900,000 - $999,999
$1,000,000 - $1,249,999
$1,250,000 - $1,499,999
$1,500,000 - $1,749,999
$1,750,000 - $1,999,999
$2,000,000 - $2,499,999
$2,500,000 - $2,999,999
$3,000,000 - $3,499,999
$3,500,000 - $3,999,999
$4,000,000 +

Feb-13
2/1/2013
17
117
402
325
282
240
174
125
90
67
56
75
45
26
41
23
7
6
5
3
1
1
2,128

Feb.
2/1/2013
2,128
3,635
6,366
47
453,384
389,300
184
2/1/2014
2,397
3,662
5,291
39
473,863
424,800
200

CT41671
Feb-14
2/1/2014
4
71
385
307
346
286
235
185
121
99
82
95
62
33
41
16
12
8
4
2
1
2
2,397

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2013
2,676
4,425
7,169
42
451,662
393,800
186
3/1/2014
1,281
1,819
5,425
30
484,979
NA
NA

CT2013
YTD2013
2/1/2013
27
230
703
537
518
426
309
225
149
110
89
132
78
50
63
35
14
8
7
4
1
1
3,716

Apr.
4/1/2013
3,051
4,885
7,854
42
442,246
398,900
188
4/1/2014
NA
NA
NA
NA
NA

May
5/1/2013
3,303
5,186
8,485
40
453,177
402,700
190
5/1/2014
NA
NA
NA
NA
NA

Jun.
6/1/2013
3,058
4,186
8,189
42
457,607
404,800
191
6/1/2014
NA
NA
NA
NA
NA

Jul.
7/1/2013
3,024
3,958
7,646
47
451,453
407,000
192
7/1/2014
NA
NA
NA
NA
NA

Aug.
8/1/2013
2,895
3,851
7,550
45
445,811
409,900
193
8/1/2014
NA
NA
NA
NA
NA

Sept.
9/1/2013
2,546
3,776
7,152
45
452,885
409,700
193
9/1/2014
NA
NA
NA
NA
NA

Oct.
10/1/2013
2,542
3,451
6,944
46
452,367
413,100
195
10/1/2014
NA
NA
NA
NA
NA

Nov.
11/1/2013
2,229
2,454
5,830
48
465,172
416,300
196
11/1/2014
NA
NA
NA
NA
NA

Dec.
12/1/2013
1,498
1,348
4,437
53
458,589
416,900
197
12/1/2014
NA
NA
NA
NA
NA

YTD
12/1/2013
30,538
44,617
43
451,483

2/1/2014
4,240
6,968
38
465,787

CT2014
YTD2014
2/1/2014
10
145
693
527
619
516
433
339
204
158
138
160
105
53
65
29
18
13
8
4
1
2
4,240

CREB RESIDENTIAL YTD SALES BY PRICE RANGE

YTD FEBRUARY
35%
30%
25%
20%
15%
10%
5%
0%

YTD-2011

YTD-2012

YTD-2013

YTD-2014

Source: CREB

page 18 d

CREB TOTAL RESIDENTIAL

CREB RESIDENTIAL YTD TOTAL NEW LISTINGS

CREB RESIDENTIAL YTD TOTAL SALES

YTD-FEBRUARY

7,000
6,000

10,000

5,000

8,000

4,000

6,000

3,000

YTD-FEBRUARY

12,000

4,000

2,000

2,000

1,000

SF Sales
TH Sales

Apartment Sales
CRES

SF New Listings
TH New Listings
10 Year Average

Source: CREB

CREB RESIDENTIAL MONTHS OF INVENTORY

CREB RESIDENTIAL INVENTORY AND SALES

9,000

450,000

10

8,000

400,000

7,000

350,000

6,000

300,000

5,000

250,000

4,000

200,000

7
6
5
4

3,000

150,000

2,000

100,000

1,000

50,000

Inventory

Sales

Benchmark Price

Apartment New Listings

CRES New Listings
Source: CREB

BALANCED

3
2

Months of Supply 3 month MA

Source: CREB

CREB RESIDENTIAL PRICE CHANGE COMPARISON

Source: CREB

CREB RESIDENTIAL PRICES

500,000

15%

480,000

10%

460,000

5%

440,000
420,000

0%

400,000

-5%

380,000

-10%

360,000

-15%

340,000
320,000

-20%

300,000
Average Price Y/Y Change
Index Y/Y% Change

Median Price Change

Source: CREB

CREB Calgary Regional Housing Market Statistics

Average Price

Median Price

Benchmark Price
Source: CREB

page 19 d

DEFINITIONS
SF - Single Family

LP - List Price

TH - Condominium Townhouse

Sales $ / List $ - sales price to list price ratio

Months of Supply - Active Listings (Inventory) / sales

CRES - Country residential properties

Composite - includes single family, apartment and townhouse activity

YTD - Year to Date

Average DOM - Average Days on Market for Sold properties

3 month MA - 3 month Moving Average

SP Sales Price
Benchmark Price Price of the typical home, based on the value consumers assign to various attributes
MLS Home Price Index changes in home prices by comparing price levels at a point in time with price levels in a base (reference) period.

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 to 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.
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 low-rise or
high-rise apartment.
Condominium Townhouse includes all Condominium titled properties that are not classified as an Apartment.
Historical inventories have been adjusted to reflect the adjustments made to the data.
TOTAL MLS

Changed to CREB Total Residential

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 were removed for inventories, we could not exclude vacant lots, time shares and parking stalls from historical
inventories.

CREB Towns
Includes only areas outside of Calgary in which CREB represents the majority of membership
Areas included: Airdrie, Foothills, Kneehill, Mountain View, Rocky View, Wheatland and Willow Creek.
All historical data has been revised
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 d