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MONTHLY STATISTICS PACKAGE
Calgary RegionJune 2016
MONTHLY STATISTICS PACKAGE
CREB® Region Report
CREB® Calgary Regional Housing Market Statistics 1
77%
6%
6%
5% 2% 2%
2%
SHARE OF SALES June 2016
Calgary
Airdrie
Rocky View Region
Foothills Region
Mountain View Region
Wheatland Region
Other Active Areas
Source: CREB®
REGIONAL HIGHLIGHTS
July 4, 2016
• Residential sales in Airdrie totalled 699 after the first half of the year, with pullbacks across all property types resulting in a 7.5 per cent decline compared to last year. While new listings eased and prevented further monthly gains in inventory levels, overall average inventory levels remain 26 per cent higher than last year.
• Airdrie’s apartment and attached segments have faced steeper year-to-date price contractions compared to the detached sector. Detached benchmark home prices have contracted by 2.4 per cent compared to year-to-date contractions of 4.5 and 10 per cent in the attached and apartment sectors.
• At the mid-point of the year, Cochrane recorded sales gains that are largely due to increased activity and selection in the $300,000 - $400,000 range. Some of this increase is related to the higher share of new product being sold on the resale market. Year-to-date detached benchmark prices declined by an average of 4.65 per cent, the steepest decline when compared to Airdrie, Okotkoks and Chestermere.
• While overall sales eased in Okotoks after the first half of the year, detached sales activity totaled 241 units, a 15 per cent increase over last year. Meanwhile, detached new listings only recorded a modest gain, which limited upward pressure on inventory levels. While detached prices have recorded some quarterly contractions throughout this downturn, year-to-date prices have remained similar to levels recorded last year.
*only considering surrounding areas with enough activity to generate the MLS® Home Price Index.
Jun 2016
CREB® Region Summary
CREB® Calgary Regional Housing Market Statistics 2
June 2016Sales
New Listings
Sales to New Listings Ratio
InventoryMonths of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
City of Calgary 2,028 3,078 65.89% 5,973 2.95 440,400 485,504 430,000 77%Airdrie 149 219 68.04% 454 3.05 358,900 397,298 390,000 6%Rocky View Region 166 306 54.25% 896 5.40 556,200 637,338 520,000 6%Foothills Region 141 207 68.12% 637 4.52 397,000 476,930 404,000 5%Mountain View Region 64 115 55.65% 392 6.13 300,100 315,015 309,000 2%Kneehill Region 10 16 62.50% 85 8.50 - 214,650 181,500 0%Wheatland Region 43 83 51.81% 206 4.79 212,500 346,570 339,900 2%Willow Creek Region 10 31 32.26% 108 10.80 - 255,150 239,250 0%Vulcan Region 6 9 66.67% 62 10.33 - 302,500 282,500 0%Bighorn Region 17 44 38.64% 131 7.71 - 603,765 545,000 1%CREB® Economic Region 2,634 4,108 64.12% 8,944 3.40 437,200 481,657 424,000 100%
0
300
600
900
1,200
1,500
1,800
2,100
CREB® INVENTORY BY PRICE RANGE
Calgary Airdrie Rocky View RegionFoothills Region Mountain View Region Kneehill RegionWheatland Region Willow Creek Region Vulcan RegionBighorn Region Source: CREB®
JUNE
Jun 2016
0
100
200
300
400
500
600
700
CREB® SALES BY PRICE RANGE
Calgary Airdrie Rocky View RegionFoothills Region Mountain View Region Kneehill RegionWheatland Region Willow Creek Region Vulcan RegionBighorn Region
Source: CREB®
JUNE
0
5,000
10,000
15,000
20,000
25,000
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Calgary Airdrie Rocky View Region
Foothills Region Mountain View Region Kneehill Region
Wheatland Region Willow Creek Region Vulcan Region
Bighorn Region Source: CREB®
CREB® TOTAL SALES: YEAR-TO-DATE
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Calgary Airdrie Rocky View Region
Foothills Region Mountain View Region Kneehill Region
Wheatland Region Willow Creek Region Vulcan Region
Bighorn Region Source: CREB®
CREB® TOTAL NEW LISTINGS: YEAR-TO-DATE
CREB® Region
CREB® Calgary Regional Housing Market Statistics 3
0
5,000
10,000
15,000
20,000
25,000
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Detached Apartment Semi - Detached
Row 10 Year AverageSource: CREB®
CREB® ECONOMIC REGION TOTAL SALES
425,000
430,000
435,000
440,000
445,000
450,000
455,000
460,000
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
Apr.'15
May.'15
Jun.'15
Jul.'15
Aug.'15
Sep.'15
Oct.'15
Nov.'15
Dec.'15
Jan.'16
Feb.'16
Mar.'16
Apr.'16
May.'16
Jun.'16
Inventory Sales Benchmark Price Source: CREB®
CREB® ECONOMIC REGION INVENTORY AND SALES
-
1
2
3
4
5
6
7
8
2011 2012 2013 2014 2015 2016
Months of Supply TrendedSource: CREB®
12 month moving average
CREB® ECONOMIC REGION MONTHS OF INVENTORY
-10%
-5%
0%
5%
10%
15%
2011 2012 2013 2014 2015 2016
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
CREB® ECONOMIC REGION PRICE CHANGE
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
500,000
550,000
2011 2012 2013 2014 2015 2016Detached Price Apartment Price
Row Price Semi PriceSource: CREB®
CREB® ECONOMIC REGION PRICES
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000 YTD JUNE
YTD 2013 YTD 2014 YTD 2015 YTD 2016 Source: CREB®
CREB® ECONOMIC REGION TOTAL SALES BY PRICE RANGE
Jun 2016
CREB® Region
CREB® Calgary Regional Housing Market Statistics 4
TYPICAL HOME ATTRIBUTES - DETACHED HOMES
Gross Living Area (Above Ground) Lot Size
Above Ground Bedrooms Year Built
Full Bathrooms
Half Bathrooms
City of Calgary 1,307 4,854 3 1984 2 1Airdrie 1,463 4,651 3 1998 2 1Rural Rocky View 2,130 87,120 3 1991 3 1Cochrane 1,456 5,740 3 1996 2 1Chestermere 1,884 5,593 3 2001 2 1Rural Foothills 1,723 176,418 3 1987 2 0High River 1,287 5,629 3 1985 2 0Okotoks 1,454 5,038 3 1997 2 1Turner Valley 1,215 6,335 3 1981 2 0Rural Mountain View 1,256 7,393 3 1980 2 0Carstairs 1,266 6,668 3 1987 2 0Didsbury 1,189 6,384 3 1978 2 0Rural Wheatland 1,206 11,335 3 1970 2 0Strathmore 1,255 5,606 3 1996 2 0
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
Calgary Airdrie RuralRocky View
Chester-mere
Cochrane RuralFoothills
HighRiver
Okotoks TurnerValley
RuralMtn. View
Carstairs Didsbury RuralWheatland
Strathmore
DETACHED BENCHMARK PRICE
Source: CREB®
JUNE
Jun 2016
-8%
-6%
-4%
-2%
0%
Calgary Airdrie RuralRocky View
Chester-mere
Cochrane RuralFoothills
HighRiver
Okotoks TurnerValley
RuralMtn. View
Carstairs Didsbury RuralWheatland
Strathmore
YEAR OVER YEAR PRICE GROWTH COMPARISONS
Source: CREB®
JUNE
Calgary CMA
CREB® Calgary Regional Housing Market Statistics 5
June 2016Sales
New Listings
Sales to New Listings Ratio
InventoryMonths of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
City of Calgary 2,028 3,078 65.89% 5,973 2.95 440,400 485,504 430,000 87%Airdrie 149 219 68.04% 454 3.05 358,900 397,298 390,000 6%Rocky View Region 166 306 54.25% 896 5.40 556,200 637,338 520,000 7%Calgary CMA 2,343 3,603 65.03% 7,323 3.13 440,900 490,652 430,000 100%
0
200
400
600
800
1,000
1,200
1,400
1,600
CALGARY CMA INVENTORY BY PRICE RANGE
Calgary Airdrie Rocky View Region
Source: CREB®
JUNE
Jun 2016
0
100
200
300
400
500
600
CALGARY CMA SALES BY PRICE RANGE
Calgary Airdrie Rocky View Region
Source: CREB®
JUNE
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Calgary Airdrie Rocky View RegionSource: CREB®
CALGARY CMA SALES: YEAR-TO-DATE
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Calgary Airdrie Rocky View Region
Source: CREB®
CALGARY CMA NEW LISTINGS: YEAR-TO-DATE
Calgary CMA
CREB® Calgary Regional Housing Market Statistics 6
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Detached Apartment Semi - Detached
Row 10 Year AverageSource: CREB®
CALGARY CMA TOTAL SALES
430,000
435,000
440,000
445,000
450,000
455,000
460,000
465,000
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
Apr.'15
May.'15
Jun.'15
Jul.'15
Aug.'15
Sep.'15
Oct.'15
Nov.'15
Dec.'15
Jan.'16
Feb.'16
Mar.'16
Apr.'16
May.'16
Jun.'16
Inventory Sales Benchmark Price Source: CREB®
CALGARY CMA INVENTORY AND SALES
-
1
2
3
4
5
6
7
8
2011 2012 2013 2014 2015 2016
Months of Supply TrendedSource: CREB®
12 month moving average
CALGARY CMA MONTHS OF INVENTORY
-10%
-5%
0%
5%
10%
15%
2011 2012 2013 2014 2015 2016
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
CALGARY CMA PRICE CHANGE
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
500,000
550,000
2011 2012 2013 2014 2015 2016Detached Price Apartment Price
Row Price Semi PriceSource: CREB®
CALGARY CMA PRICES
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500 YTD JUNE
YTD 2013 YTD 2014 YTD 2015 YTD 2016Source: CREB®
CALGARY CMA TOTAL SALES BY PRICE RANGE
Jun 2016
Airdrie
CREB® Calgary Regional Housing Market Statistics 7
0
100
200
300
400
500
600
700
800
900
1,000
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Detached Apartment Semi - Detached
Row 10 Year AverageSource: CREB®
AIRDRIE TOTAL SALES
350,000
355,000
360,000
365,000
370,000
375,000
380,000
-
100
200
300
400
500
600
Apr.'15
May.'15
Jun.'15
Jul.'15
Aug.'15
Sep.'15
Oct.'15
Nov.'15
Dec.'15
Jan.'16
Feb.'16
Mar.'16
Apr.'16
May.'16
Jun.'16
Inventory Sales Benchmark Price Source: CREB®
AIRDRIE INVENTORY AND SALES
-
1
2
3
4
5
6
7
8
2011 2012 2013 2014 2015 2016
Months of Supply TrendedSource: CREB®
12 month moving average
AIRDRIE MONTHS OF INVENTORY
-20%
-15%
-10%
-5%
0%
5%
10%
15%
20%
25%
30%
2011 2012 2013 2014 2015 2016
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
AIRDRIE PRICE CHANGE
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
2011 2012 2013 2014 2015 2016Detached Price Apartment Price
Row Price Semi PriceSource: CREB®
AIRDRIE PRICES
0
50
100
150
200
250
300
350 YTD JUNE
YTD 2013 YTD 2014 YTD 2015 YTD 2016Source: CREB®
AIRDRIE TOTAL SALES BY PRICE RANGE
Jun 2016
Rocky View Region
CREB® Calgary Regional Housing Market Statistics 8
June 2016Sales
New Listings
Sales to New Listings Ratio
InventoryMonths of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
Total Rocky View Region 166 306 54.25% 896 5.40 556,200 637,338 520,000 100%Rural Rocky View 42 68 61.76% 279 6.64 986,100 1,127,831 978,500 25%Beiseker 1 3 33.33% 9 9.00 - 549,000 549,000 1%Bragg Creek 1 3 33.33% 15 15.00 - 565,000 565,000 1%Chestermere 32 85 37.65% 196 6.13 491,900 583,072 520,750 19%Cochrane 76 104 73.08% 297 3.91 436,400 437,072 429,950 46%Crossfield 3 10 30.00% 33 11.00 - 312,167 312,500 2%Irricana 4 4 100.00% 8 2.00 - 309,750 318,000 2%Langdon 5 18 27.78% 31 6.20 - 437,800 451,000 3%Redwood Meadows 1 7 14.29% 12 12.00 - 435,000 435,000 1%
Other 1 4 25.00% 16 16.00 - 640,000 640,000 1%
0
50
100
150
200
250INVENTORY BY PRICE RANGE
Rural Rocky View Cochrane Chestermere
Beiseker Bragg Creek Crossfield
Irricana Langdon Redwood MeadowsSource: CREB®
JUNE
0
5
10
15
20
25
30
35SALES BY PRICE RANGE
Rural Rocky View Cochrane Chestermere
Beiseker Bragg Creek Crossfield
Irricana Langdon Redwood MeadowsSource: CREB®
JUNE
Jun 2016
0
200
400
600
800
1,000
1,200
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Rural Rocky View Cochrane Chestermere
Beiseker Bragg Creek Crossfield
Irricana Langdon Redwood MeadowsSource: CREB®
ROCKY VIEW SALES: YEAR-TO-DATE
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Rural Rocky View Cochrane Chestermere
Beiseker Bragg Creek Crossfield
Irricana Langdon Redwood MeadowsSource: CREB®
ROCKY VIEW NEW LISTINGS: YEAR-TO-DATE
Cochrane
CREB® Calgary Regional Housing Market Statistics 9
0
50
100
150
200
250
300
350
400
450
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Detached Apartment Semi - Detached
Row 10 Year AverageSource: CREB®
COCHRANE TOTAL SALES
380,000
390,000
400,000
410,000
420,000
430,000
440,000
450,000
460,000
-
50
100
150
200
250
300
350
400
Apr.'15
May.'15
Jun.'15
Jul.'15
Aug.'15
Sep.'15
Oct.'15
Nov.'15
Dec.'15
Jan.'16
Feb.'16
Mar.'16
Apr.'16
May.'16
Jun.'16
Inventory Sales Benchmark Price Source: CREB®
COCHRANE INVENTORY AND SALES
-
2
4
6
8
10
12
14
16
2011 2012 2013 2014 2015 2016
Months of Supply TrendedSource: CREB®
12 month moving average
COCHRANE MONTHS OF INVENTORY
-25%
-20%
-15%
-10%
-5%
0%
5%
10%
15%
20%
2011 2012 2013 2014 2015 2016
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
COCHRANE PRICE CHANGE
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
500,000
2011 2012 2013 2014 2015 2016Detached Price Apartment Price
Row Price Semi PriceSource: CREB®
COCHRANE PRICES
0
20
40
60
80
100
120
140 YTD JUNE
YTD 2013 YTD 2014 YTD 2015 YTD 2016Source: CREB®
COCHRANE TOTAL SALES BY PRICE RANGE
Jun 2016
Chestermere
CREB® Calgary Regional Housing Market Statistics 10
0
50
100
150
200
250
300
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Detached Apartment Semi - Detached
Row 10 Year AverageSource: CREB®
CHESTERMERE TOTAL SALES
430,000
440,000
450,000
460,000
470,000
480,000
490,000
500,000
510,000
-
50
100
150
200
250
Apr.'15
May.'15
Jun.'15
Jul.'15
Aug.'15
Sep.'15
Oct.'15
Nov.'15
Dec.'15
Jan.'16
Feb.'16
Mar.'16
Apr.'16
May.'16
Jun.'16
Inventory Sales Benchmark Price Source: CREB®
CHESTERMERE INVENTORY AND SALES
-
2
4
6
8
10
12
14
16
2011 2012 2013 2014 2015 2016
Months of Supply TrendedSource: CREB®
12 month moving average
CHESTERMERE MONTHS OF INVENTORY
-25%
-20%
-15%
-10%
-5%
0%
5%
10%
15%
20%
25%
2011 2012 2013 2014 2015 2016
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
CHESTERMERE PRICE CHANGE
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
500,000
550,000
600,000
2011 2012 2013 2014 2015 2016Detached Price Apartment Price
Row Price Semi PriceSource: CREB®
CHESTERMERE PRICES
0
10
20
30
40
50
60
70
80 YTD JUNE
YTD 2013 YTD 2014 YTD 2015 YTD 2016Source: CREB®
CHESTERMERE TOTAL SALES BY PRICE RANGE
Jun 2016
Rural Rocky View
CREB® Calgary Regional Housing Market Statistics 11
0
50
100
150
200
250
300
350
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Detached Apartment Semi - Detached
Row 10 Year AverageSource: CREB®
RURAL ROCKY VIEW TOTAL SALES
800,000
850,000
900,000
950,000
1,000,000
1,050,000
1,100,000
-
50
100
150
200
250
300
350
400
Apr.'15
May.'15
Jun.'15
Jul.'15
Aug.'15
Sep.'15
Oct.'15
Nov.'15
Dec.'15
Jan.'16
Feb.'16
Mar.'16
Apr.'16
May.'16
Jun.'16
Inventory Sales Benchmark Price Source: CREB®
RURAL ROCKY VIEW INVENTORY AND SALES
-
10
20
30
40
50
60
2011 2012 2013 2014 2015 2016
Months of Supply TrendedSource: CREB®
12 month moving average
RURAL ROCKY VIEW MONTHS OF INVENTORY
-40%
-30%
-20%
-10%
0%
10%
20%
30%
40%
50%
2011 2012 2013 2014 2015 2016
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
RURAL ROCKY VIEW PRICE CHANGE
100,000
300,000
500,000
700,000
900,000
1,100,000
1,300,000
2011 2012 2013 2014 2015 2016Detached Price Apartment Price
Row Price Semi PriceSource: CREB®
RURAL ROCKY VIEW PRICES
0
20
40
60
80
100
120
140 YTD JUNE
YTD 2013 YTD 2014 YTD 2015 YTD 2016Source: CREB®
RURAL ROCKY VIEW TOTAL SALES BY PRICE RANGE
Jun 2016
Foothills Region
CREB® Calgary Regional Housing Market Statistics 12
June 2016Sales
New Listings
Sales to New Listings Ratio
InventoryMonths of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
Total Foothills Region 141 207 68.12% 674 4.78 397,000 476,930 404,000 100%Rural Foothills 16 54 29.63% 177 11.06 669,000 912,313 928,500 11%Black Diamond 8 4 200.00% 16 2.00 - 351,975 364,000 6%Blackie 0 3 0.00% 4 - - - - 0%Cayley 0 0 - 3 - - - - 0%De Winton 1 2 50.00% 8 8.00 - 675,000 675,000 1%Heritate Pointe 5 9 55.56% 53 10.60 - 832,400 690,000 4%High River 28 40 70.00% 113 4.04 339,600 321,739 335,000 20%Okotoks 67 85 78.82% 218 3.25 440,000 435,133 431,000 48%Turner Valley 13 4 325.00% 18 1.38 297,400 312,215 316,000 9%Priddis Greens 2 5 40.00% 18 9.00 - 815,500 815,500 1%Longview 0 0 - 2 - - - - 0%Other 1 1 100.00% 9 9.00 - 1,145,000 1,145,000 1%
0
20
40
60
80
100
120
140
160INVENTORY BY PRICE RANGE
Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Other Source: CREB®
JUNE
0
5
10
15
20
25
30
35
40
45SALES BY PRICE RANGE
Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Other Source: CREB®
JUNE
Jun 2016
0
100
200
300
400
500
600
700
800
900
1,000
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Source: CREB®
FOOTHILLS SALES: YEAR-TO-DATE
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Source: CREB®
FOOTHILLS NEW LISTINGS: YEAR-TO-DATE
Okotoks
CREB® Calgary Regional Housing Market Statistics 13
0
50
100
150
200
250
300
350
400
450
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Detached Apartment Semi - Detached
Row 10 Year AverageSource: CREB®
OKOTOKS TOTAL SALES
415,000
420,000
425,000
430,000
435,000
440,000
445,000
450,000
-
50
100
150
200
250
300
Apr.'15
May.'15
Jun.'15
Jul.'15
Aug.'15
Sep.'15
Oct.'15
Nov.'15
Dec.'15
Jan.'16
Feb.'16
Mar.'16
Apr.'16
May.'16
Jun.'16
Inventory Sales Benchmark Price Source: CREB®
OKOTOKS INVENTORY AND SALES
-
1
2
3
4
5
6
7
8
2011 2012 2013 2014 2015 2016
Months of Supply TrendedSource: CREB®
12 month moving average
OKOTOKS MONTHS OF INVENTORY
-40%
-30%
-20%
-10%
0%
10%
20%
30%
40%
2011 2012 2013 2014 2015 2016
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
OKOTOKS PRICE CHANGE
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
500,000
2011 2012 2013 2014 2015 2016Detached Price Apartment Price
Row Price Semi PriceSource: CREB®
OKOTOKS PRICES
0
20
40
60
80
100
120
140
160 YTD JUNE
YTD 2013 YTD 2014 YTD 2015 YTD 2016Source: CREB®
OKOTOKS TOTAL SALES BY PRICE RANGE
Jun 2016
Rural Foothills
CREB® Calgary Regional Housing Market Statistics 14
0
20
40
60
80
100
120
140
160
180
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Detached Apartment Semi - Detached
Row 10 Year AverageSource: CREB®
RURAL FOOTHILLS TOTAL SALES
630,000
640,000
650,000
660,000
670,000
680,000
690,000
700,000
710,000
720,000
730,000
740,000
-
50
100
150
200
250
Apr.'15
May.'15
Jun.'15
Jul.'15
Aug.'15
Sep.'15
Oct.'15
Nov.'15
Dec.'15
Jan.'16
Feb.'16
Mar.'16
Apr.'16
May.'16
Jun.'16
Inventory Sales Benchmark Price Source: CREB®
RURAL FOOTHILLS INVENTORY AND SALES
-
5
10
15
20
25
30
2011 2012 2013 2014 2015 2016
Months of Supply TrendedSource: CREB®
12 month moving average
RURAL FOOTHILLS MONTHS OF INVENTORY
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
2011 2012 2013 2014 2015 2016
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
RURAL FOOTHILLS PRICE CHANGE
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
2011 2012 2013 2014 2015 2016Detached Price Apartment Price
Row Price Semi PriceSource: CREB®
RURAL FOOTHILLS PRICES
0
10
20
30
40
50
60
70 YTD JUNE
YTD 2013 YTD 2014 YTD 2015 YTD 2016Source: CREB®
RURAL FOOTHILLS TOTAL SALES BY PRICE RANGE
Jun 2016
Wheatland Region
CREB® Calgary Regional Housing Market Statistics 15
June 2016Sales
New Listings
Sales to New Listings Ratio
InventoryMonths of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
Total Wheatland Region* 43 83 51.81% 206 4.79 212,500 346,570 339,900 93%Rural Wheatland* 3 18 16.67% 41 13.67 212,400 679,366 667,500 7%Carseland* 2 2 100.00% 3 1.50 - 224,000 224,000 5%Lyalta* 0 3 0.00% 11 - - - - 0%Rockyford* 0 1 0.00% 3 - - - - 0%Strathmore 34 57 59.65% 129 3.79 355,800 342,232 339,950 79%Gleichen 1 1 100.00% 5 5.00 - 140,500 140,500 2%
Other* 4 2 200.00% 19 4.75 - 195,125 167,750 9%
*Data within these areas many not accurately reflect total resale activity and trends
0
5
10
15
20
25
30
35
40
45
50
INVENTORY BY PRICE RANGE
Strathmore Rural Wheatland Carseland
Lyalta Rockyford OtherSource: CREB®
JUNE
0
5
10
15
20
25
SALES BY PRICE RANGE
Strathmore Rural Wheatland Carseland
Lyalta Rockyford OtherSource: CREB®
JUNE
Jun 2016
0
50
100
150
200
250
300
350
400
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Strathmore Rural Wheatland Carseland
Lyalta RockyfordSource: CREB®
WHEATLAND SALES: YEAR-TO-DATE
0
100
200
300
400
500
600
700
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Strathmore Rural Wheatland Carseland
Lyalta RockyfordSource: CREB®
WHEATLAND NEW LISTINGS: YEAR-TO-DATE
Strathmore
CREB® Calgary Regional Housing Market Statistics 16
0
5
10
15
20
25
30
35
40
45
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Detached Apartment Semi - Detached
Row 10 Year AverageSource: CREB®
STRATHMORE TOTAL SALES
345,000
350,000
355,000
360,000
365,000
370,000
375,000
-
20
40
60
80
100
120
140
Apr.'15
May.'15
Jun.'15
Jul.'15
Aug.'15
Sep.'15
Oct.'15
Nov.'15
Dec.'15
Jan.'16
Feb.'16
Mar.'16
Apr.'16
May.'16
Jun.'16
Inventory Sales Benchmark Price Source: CREB®
STRATHMORE INVENTORY AND SALES
-
2
4
6
8
10
12
14
16
18
20
2011 2012 2013 2014 2015 2016
Months of Supply TrendedSource: CREB®
12 month moving average
STRATHMORE MONTHS OF INVENTORY
-8%-6%-4%-2%0%2%4%6%8%
10%12%14%
2011 2012 2013 2014 2015 2016
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
STRATHMORE PRICE CHANGE
100,000
150,000
200,000
250,000
300,000
350,000
400,000
2011 2012 2013 2014 2015 2016Detached Price Apartment Price
Row Price Semi PriceSource: CREB®
STRATHMORE PRICES
0
20
40
60
80
100
120 YTD JUNE
YTD 2013 YTD 2014 YTD 2015 YTD 2016Source: CREB®
STRATHMORE TOTAL SALES BY PRICE RANGE
Jun 2016
Mountain View Region
CREB® Calgary Regional Housing Market Statistics 17
June 2016Sales
New Listings
Sales to New Listings Ratio
InventoryMonths of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
Total Mountain View Region* 64 115 55.65% 392 6.13 300,100 315,015 309,000 100%Rural Mountain View* 7 21 33.33% 119 17.00 402,800 296,214 390,000 11%Carstairs 18 33 54.55% 72 4.00 325,100 339,923 336,000 28%Cremona 0 1 0.00% 3 - - - - 0%Didsbury 6 12 50.00% 40 6.67 255,000 316,708 318,875 9%Olds* 25 39 64.10% 98 3.92 298,500 319,808 281,000 39%Sundre* 8 8 100.00% 57 7.13 276,400 259,175 266,250 13%
Other* 0 1 0.00% 3 - - - - 0%
*Data within these areas many not accurately reflect total resale activity and trends
0
20
40
60
80
100
120
INVENTORY BY PRICE RANGE
Rural Mountain View Didsbury Olds
Sundre Carstairs Cremona
Other Source: CREB®
JUNE
0
5
10
15
20
25
SALES BY PRICE RANGE
Rural Mountain View Didsbury Olds
Sundre Carstairs Cremona
Other Source: CREB®
JUNE
Jun 2016
0
50
100
150
200
250
300
350
400
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Rural Mountain View Didsbury Olds
Sundre Carstairs Cremona Source: CREB®
MOUNTAIN VIEW SALES: YEAR-TO-DATE
0
100
200
300
400
500
600
700
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Rural Mountain View Didsbury Olds
Sundre Carstairs Cremona Source: CREB®
MOUNTAIN VIEW NEW LISTINGS: YEAR-TO-DATE
Kneehill Region
CREB® Calgary Regional Housing Market Statistics 18
June 2016Sales
New Listings
Sales to New Listings Ratio
InventoryMonths of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
Total Kneehill Region* 10 16 62.50% 85 8.50 - 214,650 181,500 100%Rural Kneehill* 1 3 33.33% 16 16.00 - 300,000 300,000 10%Acme* 0 0 - 6 - - - - 0%Linden* 3 1 300.00% 2 0.67 - 213,667 222,000 30%Three Hills* 2 5 40.00% 25 12.50 - 310,250 310,250 20%Torrington* 1 0 - 2 2.00 - 155,000 155,000 10%Trochu* 3 4 75.00% 25 8.33 - 143,333 130,000 30%
Other* 0 3 0.00% 11 - - - - 0%
*Data within these areas many not accurately reflect total resale activity and trends
0
5
10
15
20
25
30
35
40
INVENTORY BY PRICE RANGE
Rural Kneehill Three Hills Acme
Linden Trochu Other Source: CREB®
JUNE
0
1
2
3
4
5
6
SALES BY PRICE RANGE
Rural Kneehill Three Hills Acme
Linden Trochu Other Source: CREB®
JUNE
Jun 2016
0
10
20
30
40
50
60
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Rural Kneehill Three Hills Acme
Linden Trochu Source: CREB®
KNEEHILL SALES: YEAR-TO-DATE
0
20
40
60
80
100
120
140
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Rural Kneehill Three Hills Acme
Linden Trochu Source: CREB®
KNEEHILL NEW LISTINGS: YEAR-TO-DATE
Willow Creek Region
CREB® Calgary Regional Housing Market Statistics 19
June 2016Sales
New Listings
Sales to New Listings Ratio
InventoryMonths of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
Total Willow Creek Region* 10 31 32.26% 108 10.80 - 255,150 239,250 100%Rural Willow Creek* 0 2 0.00% 14 - - - - 0%Claresholm* 4 13 30.77% 42 10.50 - 184,875 213,000 40%Nanton* 6 8 75.00% 25 4.17 - 302,000 284,000 60%Stavely* 0 5 0.00% 18 - - - - 0%
Other* 0 3 0.00% 9 - - - - 0%
*Data within these areas many not accurately reflect total resale activity and trends
0
5
10
15
20
25
30
35
40
45
INVENTORY BY PRICE RANGE
Rural Willow Creek Claresholm Nanton Stavely Other
Source: CREB®
JUNE
0
1
2
3
4
5
6
7
8
SALES BY PRICE RANGE
Rural Willow Creek Claresholm Nanton Stavely Other
Source: CREB®
JUNE
Jun 2016
0
10
20
30
40
50
60
70
80
90
100
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Rural Willow Creek Claresholm Nanton StavelySource: CREB®
WILLOW CREEK SALES: YEAR-TO-DATE
0
50
100
150
200
250
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Rural Willow Creek Claresholm Nanton StavelySource: CREB®
WILLOW CREEK NEW LISTINGS: YEAR-TO-DATE
Vulcan Region
CREB® Calgary Regional Housing Market Statistics 20
June 2016Sales
New Listings
Sales to New Listings Ratio
InventoryMonths of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
Total Vulcan Region* 6 9 66.67% 62 10.33 - 302,500 282,500 100%Rural Vulcan* 3 2 150.00% 18 6.00 - 398,333 340,000 50%Vulcan* 2 4 50.00% 24 12.00 - 225,000 225,000 33%Carmangay* 0 0 - 5 - - - - 0%Champion* 0 0 - 2 - - - - 0%
Other* 1 3 33.33% 13 13.00 - 170,000 170,000 17%
*Data within these areas many not accurately reflect total resale activity and trends
0
5
10
15
20
25
INVENTORY BY PRICE RANGE
Rural Vulcan Vulcan Carmangay
Champion Other Source: CREB®
JUNE
0
1
1
2
2
3
SALES BY PRICE RANGE
Rural Vulcan Vulcan Carmangay
Champion Other Source: CREB®
JUNE
Jun 2016
0
5
10
15
20
25
30
35
40
45
50
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Rural Vulcan Vulcan Carmangay Champion
Source: CREB®
VULCAN SALES: YEAR-TO-DATE
0
20
40
60
80
100
120
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Rural Vulcan Vulcan Carmangay Champion
Source: CREB®
VULCAN NEW LISTINGS: YEAR-TO-DATE
Bighorn Region
CREB® Calgary Regional Housing Market Statistics 21
June 2016Sales
New Listings
Sales to New Listings Ratio
InventoryMonths of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
Total Bighorn Region* 17 44 38.64% 131 7.71 - 603,765 545,000 100%Rural Bighorn* 0 1 0.00% 6 - - - - 0%Canmore* 17 38 44.74% 115 6.76 - 603,765 545,000 100%
Other* 0 5 0.00% 10 - - - - 0%
*Data within these areas many not accurately reflect total resale activity and trends
0
5
10
15
20
25
30
35
40
INVENTORY BY PRICE RANGE
Canmore Other Rural Bighorn
Source: CREB®
JUNE
0
1
2
3
4
5
6
SALES BY PRICE RANGE
Canmore Other Rural Bighorn
Source: CREB®
JUNE
Jun 2016
0
50
100
150
200
250
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Canmore Rural BighornSource: CREB®
BIGHORN SALES: YEAR-TO-DATE
0
100
200
300
400
500
600
YTD2006
YTD2007
YTD2008
YTD2009
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD JUNE
Canmore Rural BighornSource: CREB®
BIGHORN NEW LISTINGS: YEAR-TO-DATE
CREB® Definitions
CREB® Calgary Regional Housing Market Statistics 22
CREB® REPORTING REGIONS * Data within these areas may not accurately reflect total resale activity and trends. CREB® resale data only includes activity occurring within our membership. For the identified areas, the data could be missing a signification portion of transactions as not all active Realtors® in the area are a member of the CREB® board. ** Resale activity in these areas does not meet the minimum reporting standard. DEFINITIONS Benchmark Price - Represents the monthly price of the typical home based on its attributes, such as size, location and number of bedrooms. MLS® Home Price Index – changes in home prices by comparing current price levels relative to January 2005 price level. Absorption Rate – refers to the ratio between the amounts of sales occurring in the market relative to the amount of active listings / Inventory. Months of Supply – refers to the ratio between inventory and sales and represents at the current pace of sales how long it would take to sell existing inventory and the current rate of sales. Detached - A unit that is not attached to any other unit. Semi-detached - A single dwelling built as one of a pair that shares one common wall. Row - A single dwelling attached to each other by a common wall with more than two properties in the complex. Attached - Both row and semi-detached properties. Apartment - High-rise and low-rise condominium properties with access through an interior hallway. Total Residential - Includes detached, attached and apartment style properties. Exclusions – Data included in this package do not include activity related to multiple-unit sales, rental, land or leased properties. Rural – Data represents activity occurring within the broader region but not in any specific town/hamlet/village within the region. 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. 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 company’s market share. All MLS® active listings for Calgary and area may be found on the board’s website at ww.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.
WILLOW CREEK* Rural Willow Creek County* Claresholm* Fort Macleod** Granum** Nanton* Parkland**
BIGHORN* Rural Bighorn M.D. Benchlands** Canmore* Exshaw** Ghost Lake** Harvie Heights** Lac des Arcs** Seebe** Waiparous**
FOOTHILLS Rural Foothills M.D. Aldersyde** Black Diamond Blackie Cayley De Winton Heritage Pointe High River Longview** Millarville** Okotoks Priddis** Priddis Greens Turner Valley
KNEEHILL* Rural Kneehill County Acme Carbon** Huxley** Linden Swalwell** Three Hills Torrington** Trochu Wimborne**
MOUNTAIN VIEW* Rural Mountain View County Bearberry** Bergen** Carstairs Cremona Didsbury Eagle Hill** Elkton** Olds* Sundre* Water Valley** Westward Ho**
ROCKY VIEW Rural Rocky View County Balzac** Beiseker Bottrel** Bragg Creek Chestermere Cochrane Cochrane Lake** Conrich** Crossfield Dalemead** Dalroy** Delacour** Indus** Irricana Janet** Kathyrn** Keoma** Langdon Madden** Redwood Meadows
VULCAN* Rural Vulcan County* Arrowwood** Brand** Carmangay* Champion* Ensign** Herronton** Kirkcaldy** Lomond** Milo** Mossleigh** Queenstown** Shouldice** Travers**
WHEATLAND* Rural Wheatland County* Ardenode** Carseland* Chancellow** Cheadle** Cluny** Dalum** Gleichen** Hussar** Lyalta* Namaka** Rockyford* Rosebud** Standard**
Jun 2016