12.

14

CALGARY REGIONAL HOUSING MARKET STATISTICS

Yearly records set as monthly sales see slight decline
Condominium and townhouse sales set a new record for 2014
Calgary, January 2, 2015 It was a record setting year for

Calgarys condominium apartment and townhouse sectors,

as sales reached new annual highs despite year-over-year
residential sales declines of 7.5 per cent in December.
Single family sales totaled 708 units in December, a yearover-year decline of 8.3 per cent. Meanwhile, total
condominium sales also declined by six per cent over the
same time frame, but overall activity remained consistent
with long-term averages.
It is not unusual to see slower activity in the month of
December as consumer focus often shifts toward the holiday
season, said CREB president Bill Kirk. While monthly sales
activity has slowed, it is consistent with December activity
over the past several years. Overall, annual sales activity
increased by 9.3 percent over last year.
Yearly condominium apartment sales totaled 4,742 in 2014,
an 18 per cent increase over the previous year. Meanwhile,
townhouse sales totaled 3,737 units, a 17 per cent annual
increase. Both sectors recorded record years of sales activity.
Changes in the economic climate are expected to cool
housing market conditions in 2015, and December activity
may be the first indication of this shift, said CREB chief
economist Ann-Marie Lurie. However, any pullback that may
occur needs to be kept in perspective as 2014 housing
activity far exceeded our expectations.
City of Calgary sales and new listings totaled a respective
25,664 and 36,329 in 2014. The 13 per cent growth in new
listings outpaced the nine per cent growth in sales,
contributing to an overall rise in inventory levels.

With more availability in the market, residential benchmark

prices continued to level off in December. However, annual
average benchmark gains remained above nine per cent.
Unadjusted benchmark prices for single family, condominium
apartment and townhouse properties all remained similar to
levels recorded in November.
Single-family sales totaled 17,185 in 2014, an annual increase
of 5.5 per cent. While the single-family sector represents the
largest component of sales at 67 per cent, the growth in
sales in both the condominium markets has outpaced activity
in this sector.
The activity that weve seen in the condominium sectors is,
in part, is related to product availability in the lower price
ranges, said Kirk. The under $400,000 segment of the
single-family market within city limits has been declining.
With the bulk of condominium products available for under
$400,000, more consumers have been turning to these
sectors for their housing needs.
Strong demand for condominium apartments was also met
with rising supply levels. New listings totaled 7,297 units in
2014, a 30 per cent increase over the previous year.
While rising listings helped take the pressure off prices, on an
annual basis, unadjusted condominium apartment and
benchmark prices have recovered and exceeded previous
highs recorded in 2007.
In addition to these monthly figures for December, it should
also be noted that full details of CREBs 2015 forecast will be
released on January 14, 2015 at our annual Forecast
Conference and Tradeshow.

CALGARY CONDOMINIUM SALES

9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
2004
Apartment Sales

2005

2006

TH Sales

2007
Series2

CREB Calgary Regional Housing Market Statistics

2008

2009

2010

2011

2012

2013

2014
Source: CREB

page 1 d

CREB - SUMMARY STATS

Dec-13
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

Dec-14

Dec-13

Dec-14

Y/Y % Change

2013

2014

Y/Y % Change

1,497
$686,186,046
1,348
4,437
1.11
97.38%
53
$458,374
$418,500
194

1,427
$665,296,043
1,846
5,465
0.77
97.32%
50
$466,220
$455,300
211

-4.68%
-3.04%
36.94%
23.17%
-30.39%
-0.06%
-4.23%
1.71%
8.79%
8.80%

30,528
$13,779,720,266
44,624
N/A
0.68
97.57%
43
$451,380

34,273
$16,288,647,276
49,970
N/A
0.69
98.09%
35
$475,262

12.27%
18.21%
11.98%

1,171
$532,086,883
972
2,236
1.20
97.70%
46
$454,387
$424,700
199

1,083
$514,464,343
1,379
3,233
0.79
97.53%
43
$475,036
$459,000
215

-7.51%
-3.31%
41.87%
44.59%
-34.81%
-0.17%
-7.56%
4.54%
8.08%
8.06%

23,474
$10,718,115,985
32,150
N/A
0.73
97.76%
37
$456,595

25,664
$12,397,749,092
36,329
N/A
0.71
98.31%
32
$483,079

9.33%
15.67%
13.00%

201
$75,721,863
218
1,008
0.92
97.08%
65
$376,726
$391,400
172

214
$85,745,161
274
1,009
0.78
97.94%
56
$400,678
$432,200
190

6.47%
13.24%
25.69%
0.10%
-15.29%
0.86%
-13.86%
6.36%
10.42%
10.42%

4,439
$1,640,734,566
6,804
N/A
0.65
97.53%
68
$369,618

5,513
$2,187,624,765
7,714
N/A
0.71
98.15%
53
$396,812

24.19%
33.33%
13.37%

49
$46,119,500
71
638
0.69
94.35%
101
$941,214
$734,700

39
$32,330,000
78
604
0.50
92.70%
160
$828,974
$700,000

-20.41%
-29.90%
9.86%
-5.33%
-27.55%
-1.65%
57.81%
-11.93%
-4.72%

956
$786,866,016
2,641
N/A
0.36
95.20%
102
$823,082

1,031
$893,778,863
2,557
N/A
0.40
95.41%
97
$866,905

0.26%
0.52%
-18.60%
5.29%

-3.25%
0.54%
-13.51%
5.80%

9.54%
0.62%
-22.06%
7.36%

7.85%
13.59%
-3.18%
11.39%
0.21%
-4.90%
5.32%

For a list of definitions, see page 20.

CREB Calgary Regional Housing Market Statistics

page 2

CREB SUMMARY STATISTICS CITY OF CALGARY

Dec-13
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

Dec-14

Dec-13

Dec-14

Y/Y % Change

2013

2014

Y/Y % Change

772
$407,333,571
649
1,515
1.19
97.76%
45
$527,634
$472,200
200

708
$389,481,513
888
1,985
0.80
97.61%
42
$550,115
$510,900
217

-8.29%
-4.38%
36.83%
31.02%
-32.97%
-0.15%
-6.80%
4.26%
8.20%
8.18%

16,293
$8,432,599,845
22,557
N/A
0.72
97.82%
36
$517,560

17,185
$9,505,835,177
24,093
N/A
0.71
98.35%
31
$553,147

5.47%
12.73%
6.81%

220
$65,165,431
211
479
1.04
97.27%
50
$296,207
$278,600
195

218
$69,441,542
301
823
0.72
97.17%
46
$318,539
$300,300
210

-0.91%
6.56%
42.65%
71.82%
-30.54%
-0.10%
-8.45%
7.54%
7.79%
7.76%

4,005
$1,199,642,882
5,594
N/A
0.72
97.29%
43
$299,536

4,742
$1,536,986,732
7,297
N/A
0.65
97.90%
37
$324,122

18.40%
28.12%
30.44%

179
$59,587,881
112
242
1.60
97.79%
48
$332,893
$311,600
192

157
$55,541,288
190
434
0.83
97.47%
43
$353,766
$337,300
208

-12.29%
-6.79%
69.64%
79.34%
-48.30%
-0.32%
-10.11%
6.27%
8.25%
8.22%

3,176
$1,085,873,258
3,999
N/A
0.79
97.86%
38
$341,900

3,737
$1,354,927,183
4,939
N/A
0.76
98.46%
31
$362,571

17.66%
24.78%
23.51%

CREB Calgary Regional Housing Market Statistics

-1.25%
0.53%
-13.89%
6.88%

-9.23%
0.61%
-13.95%
8.21%

-4.73%
0.60%
-18.42%
6.05%

page 3

MLS HPI SUMMARY

December 2014
Benchmark Price
Index (HPI)

Nov-14

Jun-14

% Changes
Dec-13

Dec-11

Dec-09

CREB TOTAL RESIDENTIAL

Single Family
Townhouse
Apartment
COMPOSITE

501,400
336,500
299,000
455,300

212
208
209
211

0.0%
-0.3%
0.0%
-0.1%

1.2%
1.9%
0.3%
1.1%

9.1%
8.3%
7.9%
8.8%

24.7%
21.2%
27.4%
24.8%

23.9%
19.4%
22.4%
23.2%

CREB TOWNS
Single Family
Townhouse
Apartment
COMPOSITE

436,200
288,100
219,600
432,200

189
202
185
190

0.4%
-0.2%
1.5%
0.4%

2.9%
0.7%
8.4%
3.0%

10.1%
9.0%
22.5%
10.4%

13.5%
21.8%
42.3%
14.3%

13.6%
19.4%
27.9%
14.1%

CREB CITY OF CALGARY

Single Family
Townhouse
Apartment
COMPOSITE

510,900
337,300
300,300
459,000

217
208
210
215

-0.1%
-0.4%
-0.1%
-0.1%

0.2%
1.9%
0.2%
0.4%

8.2%
8.2%
7.8%
8.1%

27.8%
21.2%
27.2%
26.9%

27.0%
19.4%
22.2%
25.2%

CREB Calgary Regional Housing Market Statistics

page 4

COMPARISONS

Benchmark Price - December

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 - December

Townhouse

Source: CREB

Sales Distribution - December

12.0
10.0

100%

8.0

80%

6.0

60%

4.0

40%

2.0

2.73%
17.52%

20.13%

14.02%

14.50%

65.80%

65.37%

20%
Months of Supply SF

Months of Supply
Townhouse

CREB Total Residential

CREB Towns

Total Composite

CREB Towns

120%

Apartment

Months of Supply
Apartment

9.81%
9.35%

80.84%

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%

230
220

10%

210

5%

200
190

0%

180
170

-5%

160

-10%

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.
01/01/13
1,229
2,493
3,084
50
439,763
390,700
183
01/01/14
1,438
2,394
2,524
40
462,234
428,200
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

T41609
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 +

Dec-13
12/01/13
1
56
197
164
154
134
123
82
56
46
35
45
27
13
23
7
2
3
3
1,171

Feb.
02/01/13
1,706
2,670
3,539
38
457,349
395,200
185
02/01/14
1,850
2,709
2,892
30
482,783
433,500
203

T41974
Dec-14
12/01/14
1
27
181
126
150
139
122
72
60
48
26
40
38
11
24
8
3
2
2
3
1,083

CREB Calgary Regional Housing Market Statistics

Mar.
03/01/13
2,107
3,192
4,007
35
461,038
399,700
187
03/01/14
2,481
3,318
3,233
28
484,877
439,500
205

T2013
2013
12/01/13
18
947
4,236
3,093
3,304
2,899
2,254
1,645
1,189
886
618
885
503
271
333
163
78
52
58
26
3
5
8
23,474

Apr.
04/01/13
2,374
3,475
4,366
33
445,955
405,500
190
04/01/14
2,540
3,754
3,794
27
478,759
445,500
208

May
05/01/13
2,534
3,714
4,743
32
461,006
408,900
191
05/01/14
2,944
4,327
4,504
27
486,371
452,100
211

Jun.
06/01/13
2,306
2,998
4,584
35
466,384
411,300
192
06/01/14
2,665
3,815
4,726
29
492,147
457,100
214

Jul.
07/01/13
2,264
2,725
4,092
39
460,181
413,400
193
07/01/14
2,329
3,219
4,659
33
482,523
458,300
214

Aug.
08/01/13
2,192
2,773
3,898
38
453,859
416,400
195
08/01/14
2,263
3,148
4,596
35
477,101
459,000
215

Sept.
09/01/13
1,919
2,793
3,922
36
454,151
417,000
195
09/01/14
2,146
3,258
4,589
36
487,211
459,600
215

Oct.
10/01/13
1,948
2,521
3,841
40
458,655
420,700
197
10/01/14
2,145
2,917
4,428
37
488,706
460,700
215

Nov.
11/01/13
1,724
1,824
3,156
40
458,157
423,500
198
11/01/14
1,780
2,091
3,849
38
486,327
459,600
215

Dec.
12/01/13
1,171
972
2,236
46
454,387
424,700
199
12/01/14
1,083
1,379
3,233
43
475,036
459,000
215

Annual
12/01/13
23,474
32,150
37
456,595

12/01/14
25,664
36,329
32
483,079

T2014
2014
12/01/14
6
480
3,977
2,951
3,512
3,346
2,690
2,101
1,526
1,097
887
1,147
733
357
375
212
107
58
52
22
14
8
6
25,664

CALGARY YTD SALES BY PRICE RANGE

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

2011

2012

2013

2014

Source: CREB

page 6 d

CITY OF CALGARY

CALGARY YTD TOTAL SALES

CALGARY YTD TOTAL NEW LISTINGS

ANNUAL

30,000
25,000
20,000
15,000
10,000
5,000
0

SF Sales
TH Sales

Apartment Sales
10 Year Average

SF New Listings
TH New Listings

Source: CREB

5,000

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

1,000

100,000
50,000
-

Inventory

Sales

Benchmark Price

Apartment New Listings

10 Year Average
Source: CREB

CALGARY MONTHS OF INVENTORY

CALGARY INVENTORY AND SALES

500

ANNUAL

50,000
45,000
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0

5
4
3
2
1
-

Months of Supply 3 month MA

Source: CREB

CALGARY PRICE CHANGE COMPARISON

Source: CREB

CALGARY PRICES
520,000

14%

500,000

12%
10%

480,000

8%

460,000

6%

440,000

4%

420,000

2%

400,000

0%

380,000

-2%

360,000

-4%

340,000

-6%

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.
01/01/13
878
1,732
2,075
47
496,821
436,900
185
01/01/14
973
1,581
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

SF41609
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 +

Dec-13
12/01/13
42
75
122
114
103
75
51
44
30
42
24
13
23
7
2
2
3
772

Feb.
02/01/13
1,207
1,874
2,408
37
518,480
442,500
188
02/01/14
1,229
1,779
1,894
29
550,531
482,800
205

SF41974
Dec-14
12/01/14
2
25
60
93
115
101
67
52
46
24
37
38
11
22
5
3
2
2
3
708

CREB Calgary Regional Housing Market Statistics

Mar.
03/01/13
1,479
2,233
2,727
33
518,468
446,500
190
03/01/14
1,694
2,197
2,052
27
556,717
490,600
208

SF2013
2013
12/01/13
3
47
1,137
1,835
2,606
2,487
1,997
1,492
1,081
815
570
837
477
256
293
149
73
46
55
21
3
5
8
16,293

Apr.
04/01/13
1,606
2,406
2,977
31
509,942
452,900
192
04/01/14
1,733
2,581
2,445
25
547,220
496,700
211

May
05/01/13
1,758
2,657
3,311
31
521,226
456,900
194
05/01/14
2,024
2,945
2,919
26
554,745
504,300
214

Jun.
06/01/13
1,630
2,146
3,199
33
526,021
459,700
195
06/01/14
1,765
2,598
3,128
28
562,714
509,700
216

Jul.
07/01/13
1,573
1,956
2,917
37
524,976
461,600
196
07/01/14
1,549
2,134
3,056
32
553,490
511,600
217

Aug.
08/01/13
1,513
1,963
2,791
37
517,206
464,700
197
08/01/14
1,474
2,057
3,021
34
545,005
512,300
217

Sept.
09/01/13
1,351
1,972
2,789
37
512,296
463,700
197
09/01/14
1,396
2,145
2,961
35
567,632
512,800
218

Oct.
10/01/13
1,333
1,736
2,705
38
516,375
468,000
199
10/01/14
1,461
1,869
2,780
37
555,471
513,500
218

Nov.
11/01/13
1,193
1,233
2,171
39
515,491
470,600
200
11/01/14
1,179
1,319
2,373
37
560,709
511,300
217

Dec.
12/01/13
772
649
1,515
45
527,634
472,200
200
12/01/14
708
888
1,985
42
550,115
510,900
217

Annual
12/01/13
16,293
22,557
36
517,560

12/01/14
17,185
24,093
31
553,147

SF2014
2014
12/01/14
1
25
533
1,287
2,398
2,716
2,285
1,857
1,367
1,012
818
1,073
692
332
351
190
98
56
50
21
10
8
5
17,185

CALGARY YTD SINGLE FAMILY SALES BY PRICE RANGE

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

2011

2012

2013

2014

Source: CREB

page 8 d

CITY OF CALGARY SINGLE FAMILY

CALGARY YTD SINGLE FAMILY NEW LISTINGS

CALGARY YTD SINGLE FAMILY SALES

ANNUAL

20,000
18,000

ANNUAL

35,000
30,000

16,000
14,000

25,000

12,000

20,000

10,000

15,000

8,000
6,000

10,000

4,000

5,000

2,000

SF Sales

10 Year Average

SF New Listings

Source: CREB

3,500

600,000

3,000

500,000

400,000

2,000

300,000

1,500

Source: CREB

CALGARY SINGLE FAMILY MONTHS OF INVENTORY

CALGARY SINGLE FAMILY INVENTORY AND SALES

2,500

10 Year Average

5
4
3

200,000

1,000

100,000

500

SF Inventory

SF Sales

SF Benchmark Price

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%

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.
01/01/13
147
310
369
52
320,590
285,100
176
01/01/14
206
328
277
38
371,347
312,300
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

TH41609
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 +

Dec-13
12/01/13
18
52
60
20
8
5
3
4
2
3
2
2
179

Feb.
02/01/13
220
343
427
38
337,071
287,600
177
02/01/14
264
357
324
28
376,993
316,200
195

TH41974
Dec-14
12/01/14
6
55
35
29
11
9
1
4
1
1
2
1
2
157

CREB Calgary Regional Housing Market Statistics

Mar.
03/01/13
282
399
484
39
355,757
291,200
180
03/01/14
342
458
389
26
355,195
317,500
196

TH2013
2013
12/01/13
3
257
1,231
662
353
228
129
76
66
51
29
26
17
10
25
8
2
1
1
1
3176

Apr.
04/01/13
339
454
518
36
338,474
295,100
182
04/01/14
360
487
445
25
347,169
322,700
199

May
05/01/13
365
423
503
33
340,889
297,400
183
05/01/14
409
578
529
28
360,981
327,900
202

Jun.
06/01/13
318
362
489
40
346,293
300,900
186
06/01/14
427
504
523
28
356,803
331,100
204

Jul.
07/01/13
294
303
407
38
326,728
300,900
186
07/01/14
339
429
536
31
365,769
333,000
205

Aug.
08/01/13
282
359
417
34
333,673
303,200
187
08/01/14
338
441
515
34
377,958
334,500
206

Sept.
09/01/13
244
361
450
31
338,569
306,300
189
09/01/14
318
430
552
33
352,813
336,300
207

Oct.
10/01/13
278
335
444
43
362,807
307,800
190
10/01/14
300
432
568
36
376,227
337,800
208

Nov.
11/01/13
228
238
380
39
358,625
308,700
190
11/01/14
277
305
511
35
361,374
338,600
209

Dec.
12/01/13
179
112
242
48
332,893
311,600
192
12/01/14
157
190
434
43
353,766
337,300
208

Annual
12/01/13
3,176
3,999
38
341,900

12/01/14
3,737
4,939
31
362,571

TH2014
2014
12/01/14
100
1,152
977
582
282
233
112
85
50
53
45
24
6
16
13
6
1
3737

CALGARY YTD TOWNHOUSE SALES BY PRICE RANGE

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

2011

2012

2013

2014

Source: CREB

page 10 d

CITY OF CALGARY CONDOMINIUM TOWNHOUSE

CALGARY YTD TOWNHOUSE NEW LISTINGS

CALGARY YTD TOWNHOUSE SALES

ANNUAL

4,000
3,500

ANNUAL

6000
5000

3,000

4000

2,500

3000

2,000
1,500

2000

1,000

1000

500

Townhouse Sales

10 Year Average

CALGARY TOWNHOUSE INVENTORY AND SALES

600
500

350,000

250,000
200,000

300

150,000

200
100
-

TH Inventory

TH Sales

TH Benchmark Price

10 Year Average

Source: CREB

CALGARY TOWNHOUSE MONTHS OF INVENTORY

400,000

300,000
400

Townhouse New Listings

Source: CREB

5
4
3

100,000

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
320,000

10%

300,000

5%

280,000

0%

260,000

-5%

240,000

-10%

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.
01/01/13
204
451
640
62
280,067
251,300
176
01/01/14
259
485
577
42
314,966
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

A41609
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 +

Dec-13
12/01/13
1
38
103
29
12
12
15
4
1
2
1
1
1
220

Feb.
02/01/13
279
453
704
45
287,733
252,900
177
02/01/14
357
573
677
33
327,788
283,400
198

A41974
Dec-14
12/01/14
1
19
101
31
28
13
12
4
4
1
1
1
1
1
218

CREB Calgary Regional Housing Market Statistics

Mar.
03/01/13
346
560
796
41
301,358
257,700
180
03/01/14
445
663
791
31
311,064
287,200
201

A2013
2013
12/01/13
12
643
1,868
596
345
184
128
77
42
20
19
22
9
5
15
6
3
5
2
4
4,005

Apr.
04/01/13
429
615
871
41
291,347
261,300
183
04/01/14
447
686
898
34
319,319
291,700
204

May
05/01/13
411
634
929
35
310,096
263,600
184
05/01/14
511
804
1,051
34
315,914
295,400
206

Jun.
06/01/13
358
490
896
38
301,523
264,000
184
06/01/14
473
713
1,071
37
351,010
299,700
209

Jul.
07/01/13
397
466
768
50
302,278
267,600
187
07/01/14
441
656
1,070
40
323,002
298,100
208

Aug.
08/01/13
397
451
690
43
297,807
270,600
189
08/01/14
451
650
1,056
40
329,471
298,200
208

Sept.
09/01/13
324
460
683
39
298,743
272,900
191
09/01/14
432
683
1,081
39
326,263
298,800
209

Oct.
10/01/13
337
450
692
43
309,415
276,100
193
10/01/14
384
616
1,088
41
322,562
299,800
209

Nov.
11/01/13
303
353
605
43
307,308
279,600
195
11/01/14
324
467
985
41
322,486
300,700
210

Dec.
12/01/13
220
211
479
50
296,207
278,600
195
12/01/14
218
301
823
46
318,539
300,300
210

Annual
12/01/13
4,005
5,594
43
299,536

12/01/14
4,742
7,297
37
324,122

A2014
2014
12/01/14
5
355
2,292
687
532
348
172
132
74
35
16
29
17
19
8
9
3
2
1
1
4
1
4,742

CALGARY YTD APARTMENT SALES BY PRICE RANGE

60%
50%
40%
30%
20%
10%
0%

2011

2012

2013

2014

Source: CREB

page 12 d

CITY OF CALGARY CONDOMINIUM APARTMENTS

CALGARY YTD APARTMENT NEW LISTINGS

CALGARY YTD APARTMENT SALES

ANNUAL

5,000
4,500

9,000

4,000

8,000

3,500

7,000

3,000

6,000

2,500

5,000

2,000

4,000

1,500

3,000

1,000

2,000

500

1,000

Apartment Sales

10 Year Average

350,000

1,000

300,000
250,000
200,000
150,000

400
200
-

Apartment Inventory
Apartment Benchmark Price

10 Year Average

Source: CREB

CALGARY APARTMENT MONTHS OF INVENTORY

1,200

600

Apartment New Listings

Source: CREB

CALGARY APARTMENT INVENTORY AND SALES

800

ANNUAL

10,000

8
7
6
5
4
3

100,000

50,000

Apartment Sales
Source: CREB

CALGARY APARTMENT PRICE CHANGE COMPARISON

Apartment Months of Supply 3 month MA

Source: CREB

CALGARY APARTMENT PRICES

25%

360000

20%

340000

15%

320000

10%

300000

5%
0%

280000

-5%

260000

-10%

240000

-15%

220000

-20%

200000

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.
01/01/13
245
542
1,218
82
349,213
370,700
163
01/01/14
251
551
1,141
68
379,053
396,000
174

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

TO41609
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 +

Dec-13
12/01/13
19
51
35
25
20
20
10
7
1
5
1
4
2
1
201

Feb.
02/01/13
256
559
1,381
69
338,531
375,000
165
02/01/14
358
544
1,202
56
387,568
399,900
176

TO41974
Dec-14
12/01/14
11
47
26
31
30
31
12
4
10
2
4
3
1
2
214

CREB Calgary Regional Housing Market Statistics

Mar.
03/01/13
364
659
1,533
55
364,728
374,600
164
03/01/14
494
705
1,243
49
392,572
407,400
179

TO2013
2013
12/01/13
46
431
969
704
737
576
388
205
119
86
51
45
26
22
15
7
6
5
1
4,439

Apr.
04/01/13
431
765
1,705
66
365,877
380,000
167
04/01/14
582
812
1,344
46
396,006
412,800
181

May
05/01/13
485
773
1,767
64
367,972
384,100
169
05/01/14
626
930
1,492
44
410,643
418,800
184

Jun.
06/01/13
470
586
1,606
62
370,550
386,900
170
06/01/14
626
836
1,525
46
394,216
419,700
184

July.
07/01/13
480
671
1,570
60
374,672
387,100
170
07/01/14
558
726
1,499
53
398,358
423,600
186

Aug.
08/01/13
431
590
1,517
57
364,998
387,100
170
08/01/14
484
657
1,449
46
391,595
426,100
187

Sept.
09/01/13
377
549
1,443
58
378,736
389,200
171
09/01/14
469
632
1,364
55
393,952
428,300
188

Oct.
10/01/13
382
513
1,390
59
380,376
392,100
172
10/01/14
485
595
1,251
56
412,367
429,300
188

Nov.
11/01/13
317
379
1,241
64
392,647
391,000
172
11/01/14
366
452
1,156
50
391,155
430,600
189

Dec.
12/01/13
201
218
1,008
65
376,726
391,400
172
12/01/14
214
274
1,009
56
400,678
432,200
190

YTD
12/01/13
4,439
6,804
68
369,618

12/01/14
5,513
7,714
53
396,812

TO2014
2014
12/01/14
25
347
1,085
755
886
779
585
411
243
138
69
86
34
17
28
12
8
3
1
1
5,513

CREB TOWNS YTD SALES BY PRICE RANGE

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

2012

2012

2013

2014

Source: CREB

page 14 d

CREB TOWNS

CREB TOWNS YTD TOTAL SALES

CREB TOWNS YTD TOTAL NEW LISTINGS

6,000

9,000

5,000

8,000

4,000

6,000

7,000
5,000

3,000

4,000
3,000

2,000

2,000

1,000

1,000
0

SF Sales
TH Sales

Apartment Sales
10 Year Average

1,800

500,000

1,600

450,000

1,400

400,000
350,000
300,000

1,000

250,000

800

200,000

600

150,000

400

100,000

200

50,000
-

Inventory

Sales

Benchmark Price

Apartment New Listings

Source: CREB
10 Year Average

CREB TOWNS MONTHS OF INVENTORY

CREB TOWNS INVENTORY AND SALES

1,200

SF New Listings
TH New Listings

Source: CREB

12
10
8
6
4
2
-

Months of Supply 3 month MA

Source: CREB

CREB TOWNS PRICE CHANGE COMPARISON

Source: CREB

CREB TOWNS PRICES

450,000

20%

430,000

15%

410,000

10%

390,000
370,000

5%

350,000

0%

330,000

-5%

310,000

-10%

290,000
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.
01/01/13
34
239
741
155
901,203
01/01/14
59
198
649
100
745,115

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

C41609
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 +

Dec-13
12/01/13
2
1
1
1
1
1
3
3
5
9
4
3
5
5
1
3
1
49

Feb.
02/01/13
72
212
761
104
831,221
02/01/14
60
209
696
126
885,458

C41974
Dec-14
12/01/14
5
3
1
5
2
2
1
4
1
5
3
3
3
1
39

CREB Calgary Regional Housing Market Statistics

Mar.
03/01/13
72
258
897
107
774,036
03/01/14
98
216
729
87
851,814

C2013
2013
12/01/13
5
15
43
29
32
44
47
53
54
59
63
109
86
88
100
58
29
14
17
5
1
4
1
956

Apr.
04/01/13
84
294
1,001
105
830,942
04/01/14
96
223
779
102
941,363

May
05/01/13
106
337
1,123
91
750,207
05/01/14
131
363
932
86
919,840

Jun.
06/01/13
99
269
1,138
87
814,436
06/01/14
115
304
983
86
805,201

Jul.
07/01/13
90
237
1,132
96
811,453
07/01/14
102
262
1,028
97
875,936

Aug.
08/01/13
95
222
1,157
105
754,478
08/01/14
97
219
1,053
83
899,363

Sept.
09/01/13
96
210
1,034
98
829,119
09/01/14
103
197
948
91
856,826

Oct.
10/01/13
80
185
1,007
110
827,605
10/01/14
92
177
874
103
856,422

Nov.
11/01/13
79
107
812
110
937,556
11/01/14
39
111
765
114
866,315

Dec.
12/01/13
49
71
638
101
941,214
12/01/14
39
78
604
160
828,974

Annual
12/01/13
956
2,641
102
823,082
12/01/14
1,031
2,557
97
866,905

C2014
2014
12/01/14
3
14
34
24
37
31
51
54
45
51
67
133
115
86
136
68
25
23
19
11
2
1
1
1,031

CRES YTD SALES BY PRICE RANGE

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

2011

2012

2013

2014

Source: CREB

page 16 d

CREB COUNTRY RESIDENTIAL

CRES YTD TOTAL NEW LISTINGS

CRES YTD TOTAL SALES

1200

3000

1000

2500

800

2000

600

1500

400

1000

200

500

CRES Sales

10 Year Average

CRES New Listings

Source: CREB

850,000

25

800,000

20

750,000

15

700,000

10

200

650,000

600,000

1,000
800

Source: CREB

CRES MONTHS OF INVENTORY

CRES INVENTORY AND SALES

1,200

10 Year Average

600
400

Inventory

Sales

Median Price

Months of Supply 3 month MA

Source: CREB

CRES PRICE CHANGE COMPARISON

Source: CREB

CRES PRICES
1,000,000

40%

950,000

30%

900,000

20%

850,000

10%

800,000
750,000

0%

700,000

-10%

650,000

-20%

600,000
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.
01/01/13
1,588
3,462
5,713
59
431,889
386,000
179
01/01/14
1,842
3,307
4,830
49
455,402
422,200
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

CT41609
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 +

Dec-13
12/01/13
2
80
260
210
196
165
150
99
69
52
46
58
36
19
28
14
3
3
6
1
1,497

Feb.
02/01/13
2,128
3,638
6,366
47
453,384
390,700
181
02/01/14
2,392
3,660
5,291
39
474,126
427,100
198

CT41974
Dec-14
12/01/14
2
46
258
168
198
180
164
90
67
58
29
52
43
17
30
11
3
5
2
4
1,427

CREB Calgary Regional Housing Market Statistics

Mar.
03/01/13
2,676
4,425
7,169
42
451,662
394,600
183
03/01/14
3,228
4,564
5,783
34
477,661
433,400
201

CT2013
2013
12/01/13
131
1,550
5,551
4,101
4,336
3,721
2,796
1,977
1,401
1,075
764
1,082
641
393
457
234
114
72
77
31
5
10
9
30,528

Apr.
04/01/13
3,048
4,889
7,854
42
442,076
400,200
186
04/01/14
3,407
5,151
6,593
34
473,007
439,200
204

May
05/01/13
3,303
5,189
8,485
40
452,735
403,600
187
05/01/14
3,915
6,036
7,711
34
483,523
445,600
207

Jun.
06/01/13
3,057
4,184
8,189
42
457,543
406,200
189
06/01/14
3,641
5,373
8,090
36
480,466
450,200
209

Jul.
07/01/13
3,023
3,958
7,646
47
451,412
408,200
190
07/01/14
3,248
4,565
8,057
41
476,083
451,700
210

Aug.
08/01/13
2,894
3,850
7,550
45
445,737
410,700
191
08/01/14
3,041
4,345
7,988
39
471,525
452,500
210

Sept.
09/01/13
2,545
3,776
7,152
45
452,837
411,400
191
09/01/14
2,911
4,375
7,740
43
478,071
453,400
211

Oct.
10/01/13
2,541
3,451
6,944
46
452,283
415,300
193
10/01/14
2,908
3,915
7,294
45
479,905
454,200
211

Nov.
11/01/13
2,228
2,454
5,830
48
465,171
417,400
194
11/01/14
2,313
2,833
6,454
43
470,014
455,800
212

Dec.
12/01/13
1,497
1,348
4,437
53
458,374
418,500
194
12/01/14
1,427
1,846
5,465
50
466,220
455,300
211

Annual
12/01/13
30,528
44,624
43
451,380

12/01/14
34,273
49,970
35
475,262

CT2014
2014
12/01/14
69
1,009
5,502
4,034
4,752
4,437
3,500
2,693
1,882
1,332
1,048
1,415
907
477
553
294
140
87
75
33
17
9
8
34,273

CREB RESIDENTIAL YTD SALES BY PRICE RANGE

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

2011

2012

2013

2014

Source: CREB

page 18 d

CREB TOTAL RESIDENTIAL

CREB RESIDENTIAL YTD TOTAL NEW LISTINGS

CREB RESIDENTIAL YTD TOTAL SALES

ANNUAL

40,000

ANNUAL

70,000
60,000

35,000
30,000

50,000

25,000

40,000

20,000

30,000

15,000

20,000

10,000

10,000

5,000

SF Sales
TH Sales

Apartment Sales
CRES

9,000

500,000

8,000

450,000

7,000

400,000
350,000

5,000
4,000
3,000

200,000

1,000

50,000
0

Benchmark Price

250,000

100,000

Sales

2,000

Inventory

300,000

150,000

Apartment New Listings

CRES New Listings
Source: CREB

CREB RESIDENTIAL MONTHS OF INVENTORY

CREB RESIDENTIAL INVENTORY AND SALES

6,000

SF New Listings
TH New Listings
10 Year Average

Source: CREB

2
1
-

Months of Supply 3 month MA

Source: CREB

CREB RESIDENTIAL PRICE CHANGE COMPARISON

Source: CREB

CREB RESIDENTIAL PRICES

500,000

12%

480,000

10%

460,000

8%

440,000

6%

420,000

4%

400,000

2%

380,000

0%

360,000

-2%

340,000

-4%

320,000

-6%

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