CALGARY REGIONAL HOUSING MARKET STATISTICS

1.13

CALGARY'S RESALE MARKET CONTINUES TO IMPROVE

January sales and prices rise over previous year
Calgary, February 1, 2013 Residential real estate sales in the
city of Calgary started the year on a positive note, increasing
by 15 per cent over the same month in 2012.

CITY OF CALGARY TOTAL SALES

Total sales were 1,230 units, a significant increase over the

1,068 units last year. But sales remain well below January
levels recorded through the peak years of 2003 2008.
While activity is typically slower in the winter months, recent
improvements in single family new listings helped support
improved sales in that market, said CREB President Becky
Walters. Overall indicators put the market in balanced
conditions.
Single family sales totaled 879 units in January, a 15 per cent
increase over January 2012 levels. New listings remained just
above levels recorded at the same time in 2012, for a total of
1,737. The slight improvement in listings helped support sales
growth, although inventory levels remain down by doubledigits.

CALGARY ACTIVITY

Inventory levels have improved relative to December, as is

the seasonal trend, said Walters.
The lower level of inventories can pose a challenge for buyers,
as they will have to make their buying decision quicker than
buyers have done over the past four years.
However, this is by no means a signal that the seller has the
advantage, said Walters. Consumers are fairly price-sensitive
and look for value in their purchase.
Unadjusted single family benchmark prices are showing
improvement over January 2012, increasing by nine per cent.
They are relatively unchanged over figures reported in
December 2012.
Prices have improved in the Calgary market, but as always it
is important to keep some perspective on this, said Ann-Marie
Lurie, CREB Chief Economist. While Januarys year-over-year
increase seems significant, price recovery occurred in the
spring months of 2012 under tighter market conditions and
home prices leveled off for the remainder of the year.

The unadjusted benchmark apartment price totaled

$251,300 in January, a 7.5 per cent increase over
the 2012, and a one per cent increase over
December figures.
Meanwhile, the condominium townhouse
benchmark price was $283,400 in January, 4.9 per
cent higher than January 2012, and slightly lower
than levels recorded in December.
There is cautious optimism over the economic
situation in Calgary, said Lurie.

Apartment and townhouse condominiums recorded respective

sales of 204 and 147 units in January 2013. Although sales
increased, the number of new listings declined.

While energy companies face market access

challenges, several options are being considered to
reach more diverse markets, she said.

With excess supply relative to demand persisting for several

years, the condominium apartment market has been slow to
recover, said Lurie. Sales growth amidst declining listings has
supported recent improvements in condominium apartment
prices, something that has already been occurring in the single
family sector.

If some of these options are economically viable

and pass regulatory approval, this would support
economic growth moving forward.

CREB Calgary Regional Housing Market Statistics

page 1 d

CREB - SUMMARY STATS

Jan-12
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

Jan-13

Jan-12

Jan-13

Y/Y %

2012 YTD

2013 YTD

Y/Y %

1,326
$522,149,047
3,477
7,256
0.38
96.65%
69
$393,778
$356,700
168

1,591
$696,490,185
3,464
5,713
0.46
97.08%
59
$437,769
$385,300
182

19.98%
33.39%
-0.37%
-21.27%
20.44%
0.43%
-14.60%
11.17%
8.02%
8.03%

1,326
$522,149,047
3,477
N/A
0.38
96.65%
61
$393,778

1,591
$696,490,185
3,464
N/A
0.46
97.08%
62
$437,769

19.98%
33.39%
-0.37%

1,068
$417,985,314
2,530
4,367
0.42
96.86%
60
$391,372
$361,800
169

1,230
$540,794,922
2,493
3,084
0.49
97.46%
50
$439,671
$392,000
183

15.17%
29.38%
-1.46%
-29.38%
16.88%
0.60%
-16.32%
12.34%
8.35%
8.36%

1,068
$417,985,314
2,530
N/A
0.42
96.86%
60
$391,372

1,230
$540,794,922
2,493
N/A
0.49
97.46%
50
$439,671

187
$65,661,933
632
1,845
0.30
97.05%
97
$351,133
$310,000
163

245
$85,557,307
547
1,218
0.45
97.11%
82
$349,213
$329,200
173

31.02%
30.30%
-13.45%
-33.98%
51.38%
0.06%
-15.28%
-0.55%
6.19%
6.19%

187
$65,661,933
632
N/A
0.30
97.05%
67
$351,133

245
$85,557,307
547
N/A
0.45
97.11%
105
$349,213

31.02%
30.30%
-13.45%

39
$27,168,000
215
760
0.18
93.65%
127
$696,615
$655,000

35
$40,890,900
235
741
0.15
92.25%
151
$1,168,311
$835,000

-10.26%
50.51%
9.30%
-2.50%
-17.89%
-1.40%
18.82%
67.71%
27.48%

39
$27,168,000
215
N/A
0.18
93.65%
126
$696,615

35
$40,890,900
235
N/A
0.15
92.25%
150
$1,168,311

-10.26%
50.51%
9.30%

20.44%
0.43%
1.64%
11.17%

15.17%
29.38%
-1.46%
16.88%
0.60%
-16.67%
12.34%

51.38%
0.06%
56.72%
-0.55%

-17.89%
-1.40%
19.05%
67.71%

For a list of definitions, see page 20.

CREB Calgary Regional Housing Market Statistics

page 2

CREB SUMMARY STATISTICS CITY OF CALGARY

Jan-12
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

Jan-13

Jan-12

Jan-13

Y/Y %

2012 YTD

2013 YTD

Y/Y %

763
$336,084,816
1,714
2,918
0.45
96.96%
59
$440,478
$400,800
170

879
$436,492,566
1,737
2,075
0.51
97.57%
47
$496,579
$436,900
185

15.20%
29.88%
1.34%
-28.89%
13.68%
0.61%
-19.99%
12.74%
9.01%
8.99%

763
$336,084,816
1,714
N/A
0.45
96.96%
59
$440,478

879
$436,492,566
1,737
N/A
0.51
97.57%
47
$496,579

15.20%
29.88%
1.34%

179
$44,362,855
504
929
0.36
96.32%
64
$247,837
$233,800
163

204
$57,175,688
450
640
0.45
96.85%
62
$280,273
$251,300
176

13.97%
28.88%
-10.71%
-31.11%
27.64%
0.53%
-2.55%
13.09%
7.49%
7.47%

179
$44,362,855
504
N/A
0.36
96.32%
63
$247,837

204
$57,175,688
450
N/A
0.45
96.85%
62
$280,273

126
$37,537,643
312
520
0.40
96.63%
61
$297,918
$270,300
169

147
$47,126,668
306
369
0.48
97.22%
52
$320,590
$283,400
177

16.67%
25.55%
-1.92%
-29.04%
18.95%
0.58%
-14.94%
7.61%
4.85%
4.85%

126
$37,537,643
312
N/A
0.40
96.63%
60
$297,918

147
$47,126,668
306
N/A
0.48
97.22%
51
$320,590

CREB Calgary Regional Housing Market Statistics

13.68%
0.61%
-20.34%
12.74%

13.97%
28.88%
-10.71%
27.64%
0.53%
-1.59%
13.09%

16.67%
25.55%
-1.92%
18.95%
0.58%
-15.00%
7.61%

page 3

MLS HPI SUMMARY

January 2013
Benchmark Price
Index (HPI)

Dec-12

Jul-12

% Changes
Jan-12

Jan-10

Jan-08

CREB TOTAL RESIDENTIAL

Single Family
Townhouse
Apartment
COMPOSITE

423,500
282,000
250,400
385,300

184
177
175
182

0.5%
-0.2%
1.1%
0.5%

0.9%
2.2%
1.5%
1.1%

8.6%
4.8%
7.3%
8.0%

7.5%
1.7%
2.6%
6.1%

1.9%
-8.7%
-9.8%
-1.3%

CREB TOWNS
Single Family
Townhouse
Apartment
COMPOSITE

335,300
225,300
191,400
329,200

173
182
164
173

0.6%
0.5%
2.9%
0.7%

0.9%
4.1%
1.5%
1.0%

6.4%
5.0%
2.9%
6.2%

4.1%
3.3%
1.6%
4.0%

-4.3%
-11.4%
-15.6%
-5.1%

CREB CITY OF CALGARY

Single Family
Townhouse
Apartment
COMPOSITE

436,900
283,400
251,300
392,000

185
177
176
183

0.5%
-0.2%
1.0%
0.5%

1.0%
2.2%
1.5%
1.2%

9.0%
4.9%
7.5%
8.4%

8.2%
1.7%
2.6%
6.5%

3.1%
-8.6%
-9.7%
-0.7%

CREB Calgary Regional Housing Market Statistics

page 4

COMPARISONS

Benchmark Price - January

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

2 Storey

CREB Total Residential

Total SF

CREB City of Calgary

Months of Supply - January

Townhouse

Apartment

Total Composite

CREB Towns

Source: CREB

Sales Distribution - January

14.0

120%

12.0

100%

10.0

2.20%
14.58%

16.59%

80% 11.50%

11.95%

8.0

7.76%
8.57%

60%

6.0
4.0

40%

2.0

20%

Months of Supply SF

Months of Supply
Townhouse

CREB Total Residential

CREB Towns

Months of Supply
Apartment

71.72%

83.67%

71.46%

0%
CREB Total
Residential

CREB City of
Calgary

CREB Towns

CREB City of Calgary

Single Family

Source: CREB

Townhouse

Apartment

CRES

Source: CREB

CALGARY INDEX YEAR OVER YEAR COMPARISON

CALGARY INDEX VALUE

15%

200
195
190
185
180
175
170
165
160
155
150

10%
5%
0%
-5%
-10%
-15%
-20%

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

2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

Jan.
1/1/2012
1,068
2,530
4,367
60
391,372
361,800
169
1/1/2013
1,230
2,493
3,084
50
439,671
392,000
183

T40909
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 - $2,499,99
$2,500,000 - $2,999,99
$3,000,000 - $3,499,99
$3,500,000 - $3,999,99
$4,000,000 +

Jan-12
1/1/2012
2
94
245
171
155
109
85
67
37
23
15
27
10
12
10
3
1
1
1
1,068

Feb.
2/1/2012
1,732
2,883
4,736
49
425,383
365,900
171
2/1/2013
168
168
3,153
31
449,333
NA
NA

T41275
Jan-13
1/1/2013
2
73
232
159
183
150
106
84
50
36
27
50
25
19
15
10
5
2
1
1
1,230

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2012
2,166
3,348
5,092
42
422,354
371,400
173
3/1/2013
NA
NA
NA
NA
NA

T2012
YTD2012
1/1/2012
2
94
245
171
155
109
85
67
37
23
15
27
10
12
10
3
1
1
1
1,068

Apr.
4/1/2012
2,199
3,239
5,270
41
428,912
379,200
177
4/1/2013
NA
NA
NA
NA
NA

May
5/1/2012
2,381
3,803
5,739
40
445,034
383,200
179
5/1/2013
NA
NA
NA
NA
NA

Jun.
6/1/2012
2,196
3,305
5,715
40
441,718
385,800
180
6/1/2013
NA
NA
NA
NA
NA

Jul.
7/1/2012
1,932
2,650
5,430
43
425,927
387,300
181
7/1/2013
NA
NA
NA
NA
NA

Aug.
8/1/2012
1,722
2,583
5,184
45
417,052
387,700
181
8/1/2013
NA
NA
NA
NA
NA

Sept.
9/1/2012
1,610
2,680
5,098
45
419,657
388,000
181
9/1/2013
NA
NA
NA
NA
NA

Oct.
10/1/2012
1,659
2,312
4,583
46
437,030
387,700
181
10/1/2013
NA
NA
NA
NA
NA

Nov.
11/1/2012
1,457
1,631
3,831
51
433,929
388,800
181
11/1/2013
NA
NA
NA
NA
NA

Dec.
12/1/2012
1,083
882
2,722
54
436,791
390,100
182
12/1/2013
NA
NA
NA
NA
NA

YTD
12/1/2012
21,205
31,846
45
428,644

1/1/2013
1,230
2,493
50
439,671

T2013
YTD2013
1/1/2013
2
73
232
159
183
150
106
84
50
36
27
50
25
19
15
10
5
2
1
1
1,230

CALGARY YTD SALES BY PRICE RANGE

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

YTD-2010

YTD-2011

YTD-2012

YTD-2013

Source: CREB

page 6 d

CITY OF CALGARY

CALGARY YTD TOTAL SALES

CALGARY YTD TOTAL NEW LISTINGS

YTD-JANUARY

2,500
2,000
1,500
1,000
500
0

SF Sales
TH Sales

Apartment Sales
10 Year Average

SF New Listings
TH New Listings

Source: CREB

7,000

450,000

400,000

6,000

4,000
3,000
2,000
1,000
-

Inventory

Sales

Benchmark Price

350,000

300,000

250,000

200,000

150,000

100,000

50,000

CALGARY PRICE CHANGE COMPARISON

10%

440,000

5%

420,000

0%

400,000

-5%

380,000

-10%

360,000

-15%

340,000

-20%

320,000

CREB Calgary Regional Housing Market Statistics

Source: CREB

CALGARY PRICES
460,000

Y/Y Median Price Change

Source: CREB

BALANCED

Months of Supply 3 month MA

Source: CREB

15%

Average Price Y/Y% Change

Index Y/Y% Change

Apartment New Listings

10 Year Average
Source: CREB

CALGARY MONTHS OF INVENTORY

CALGARY INVENTORY AND SALES

5,000

YTD-JANUARY

5,000
4,500
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0

Average Price
Benchmark Price

Median Price
Source: CREB

page 7 d

CREB CITY OF CALGARY SINGLE FAMILY

2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

Jan.
1/1/2012
763
1,714
2,918
59
440,478
400,800
170
1/1/2013
879
1,737
2,075
47
496,579
436,900
185

SF40909
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 - $2,499,99
$2,500,000 - $2,999,99
$3,000,000 - $3,499,99
$3,500,000 - $3,999,99
$4,000,000 +

Jan-12
1/1/2012
14
118
127
130
100
79
63
34
23
13
25
10
12
9
3
1
1
1
763

Feb.
2/1/2012
1,281
1,999
3,093
48
470,033
404,800
172
2/1/2013
140
140
2,117
35
493,200
NA
NA

SF41275
Jan-13
1/1/2013
4
77
122
142
128
102
76
50
34
25
47
23
18
14
8
5
2
1
1
879

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2012
1,575
2,346
3,367
40
472,698
411,000
174
3/1/2013
NA
NA
NA
NA
NA

SF2012
YTD2012
1/1/2012
14
118
127
130
100
79
63
34
23
13
25
10
12
9
3
1
1
1
763

Apr.
4/1/2012
1,580
2,287
3,501
38
483,045
422,000
179
4/1/2013
NA
NA
NA
NA
NA

May
5/1/2012
1,707
2,706
3,842
37
501,684
427,500
181
5/1/2013
NA
NA
NA
NA
NA

Jun.
6/1/2012
1,605
2,366
3,817
36
489,528
430,800
183
6/1/2013
NA
NA
NA
NA
NA

Jul.
7/1/2012
1,382
1,879
3,646
40
478,557
432,400
184
7/1/2013
NA
NA
NA
NA
NA

Aug.
8/1/2012
1,167
1,811
3,535
43
475,679
432,600
184
8/1/2013
NA
NA
NA
NA
NA

Sept.
9/1/2012
1,126
1,888
3,486
42
468,964
432,900
184
9/1/2013
NA
NA
NA
NA
NA

Oct.
10/1/2012
1,169
1,616
3,105
43
492,772
433,300
184
10/1/2013
NA
NA
NA
NA
NA

Nov.
11/1/2012
1,006
1,157
2,586
49
488,304
433,600
184
11/1/2013
NA
NA
NA
NA
NA

Dec.
12/1/2012
744
623
1,859
51
496,809
434,800
185
12/1/2013
NA
NA
NA
NA
NA

YTD
12/1/2012
15,105
22,392
42
481,259

1/1/2013
879
1,737
47
496,579

SF2013
YTD2013
1/1/2013
4
77
122
142
128
102
76
50
34
25
47
23
18
14
8
5
2
1
1
879

CALGARY YTD SINGLE FAMILY SALES BY PRICE RANGE

YTD JANUARY

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

YTD-2010

YTD-2011

YTD-2012

YTD-2013

Source: CREB

page 8 d

CITY OF CALGARY SINGLE FAMILY

CALGARY YTD SINGLE FAMILY NEW LISTINGS

CALGARY YTD SINGLE FAMILY SALES

YTD-JANUARY

1,600
1,400

YTD-JANUARY

3,500
3,000

1,200

2,500

1,000

2,000

800
1,500
600
1,000

400

500

200

SF Sales

10 Year Average

SF New Listings

Source: CREB

4,500

500,000

4,000

450,000

3,500

400,000
350,000
300,000

2,500

250,000

2,000

200,000

1,500
1,000
500
-

SF Inventory

SF Sales

SF Benchmark Price

Source: CREB

CALGARY SINGLE FAMILY MONTHS OF INVENTORY

CALGARY SINGLE FAMILY INVENTORY AND SALES

3,000

10 Year Average

7
6
5
4

150,000

100,000

50,000
50
000

SF Months of Supply 3 month MA

Source: CREB

CALGARY SINGLE FAMILY PRICE CHANGE COMPARISON

BALANCED

Source: CREB

CALGARY SINGLE FAMILY PRICES

510,000

15%

490,000
10%

470,000

5%

450,000

0%

430,000
410,000

-5%

390,000
-10%

370,000

-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

2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

Jan.
1/1/2012
126
312
520
61
297,918
270,300
169
1/1/2013
147
306
369
52
320,590
283,400
177

TH40909
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 - $2,499,99
$2,500,000 - $2,999,99
$3,000,000 - $3,499,99
$3,500,000 - $3,999,99
$4,000,000 +

Jan-12
1/1/2012
19
60
20
10
6
4
3
1
1
1
1
126

Feb.
2/1/2012
205
375
612
51
310,047
270,500
169
2/1/2013
384
NA
NA
NA
NA

TH41275
Jan-13
1/1/2013
24
59
19
20
11
2
5
1
2
2
1
1
147

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2012
235
358
606
49
313,134
274,600
172
3/1/2013
NA
NA
NA
NA
NA

TH2012
YTD2012
1/1/2012
19
60
20
10
6
4
3
1
1
1
1
126

Apr.
4/1/2012
268
357
612
49
320,607
276,400
173
4/1/2013
NA
NA
NA
NA
NA

May
5/1/2012
288
455
675
38
330,413
277,000
173
5/1/2013
NA
NA
NA
NA
NA

Jun.
6/1/2012
253
395
693
45
326,053
278,000
174
6/1/2013
NA
NA
NA
NA
NA

Jul.
7/1/2012
239
304
623
45
303,380
277,400
173
7/1/2013
NA
NA
NA
NA
NA

Aug.
8/1/2012
240
308
584
50
309,309
278,200
174
8/1/2013
NA
NA
NA
NA
NA

Sept.
9/1/2012
208
296
548
51
329,797
277,700
174
9/1/2013
NA
NA
NA
NA
NA

Oct.
10/1/2012
219
280
505
50
321,644
279,000
174
10/1/2013
NA
NA
NA
NA
NA

Nov.
11/1/2012
198
188
426
50
315,381
282,800
177
11/1/2013
NA
NA
NA
NA
NA

Dec.
12/1/2012
120
116
310
51
306,258
284,100
178
12/1/2013
NA
NA
NA
NA
NA

YTD
12/1/2012
2,599
3,744
48
316,750

1/1/2013
147
306
51
320,590

TH2013
YTD2013
1/1/2013
24
59
19
20
11
2
5
1
2
2
1
1
147

CALGARY YTD TOWNHOUSE SALES BY PRICE RANGE

YTD JANUARY

60%

50%

40%

30%

20%

10%

0%

YTD-2010

YTD-2011

YTD-2012

YTD-2013

Source: CREB

page 10 d

CITY OF CALGARY CONDOMINIUM TOWNHOUSE

CALGARY YTD TOWNHOUSE NEW LISTINGS

CALGARY YTD TOWNHOUSE SALES

YTD-JANUARY

350

YTD-JANUARY

600

300

500

250

400

200
300
150
200

100

100

50

Townhouse Sales

10 Year Average

CALGARY TOWNHOUSE INVENTORY AND SALES

700

10 Year Average

Source: CREB

CALGARY TOWNHOUSE MONTHS OF INVENTORY

300,000

800

Townhouse New Listings

Source: CREB

250,000

9
8
7

600
200,000

500

150,000

400

6
5
4

300

100,000

200
50,000

100

BALANCED

3
2
1

TH Inventory

TH Sales

TH Benchmark Price

TH Months of Supply 3 month MA

Source: CREB

CALGARY TOWNHOUSE PRICE CHANGE COMPARISON

Source: CREB

CALGARY TOWNHOUSE PRICES

340,000

15%
10%

320,000

5%

300,000

0%

280,000

-5%
260,000
-10%
-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

2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

Jan.
1/1/2012
179
504
929
64
247,837
233,800
163
1/1/2013
204
450
640
62
280,273
251,300
176

A40909
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 - $2,499,99
$2,500,000 - $2,999,99
$3,000,000 - $3,499,99
$3,500,000 - $3,999,99
$4,000,000 +

Jan-12
1/1/2012
2
61
67
24
15
3
2
1
2
1
1
179

Feb.
2/1/2012
246
509
1,031
51
288,991
238,700
167
2/1/2013
28
28
652
9
230,000
NA
NA

A41275
Jan-13
1/1/2013
2
45
96
18
21
11
2
3
1
3
1
1
204

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2012
356
644
1,119
48
271,724
243,000
170
3/1/2013
NA
NA
NA
NA
NA

A2012
YTD2012
1/1/2012
2
61
67
24
15
3
2
1
2
1
1
179

Apr.
4/1/2012
351
595
1,157
50
267,931
243,400
170
4/1/2013
NA
NA
NA
NA
NA

May
5/1/2012
386
642
1,222
50
280,030
245,400
171
5/1/2013
NA
NA
NA
NA
NA

Jun.
6/1/2012
338
544
1,205
55
301,270
246,300
172
6/1/2013
NA
NA
NA
NA
NA

Jul.
7/1/2012
311
467
1,161
55
286,231
247,600
173
7/1/2013
NA
NA
NA
NA
NA

Aug.
8/1/2012
315
464
1,065
52
281,941
248,700
174
8/1/2013
NA
NA
NA
NA
NA

Sept.
9/1/2012
276
496
1,064
54
286,217
249,300
174
9/1/2013
NA
NA
NA
NA
NA

Oct.
10/1/2012
271
416
973
55
289,820
247,000
173
10/1/2013
NA
NA
NA
NA
NA

Nov.
11/1/2012
253
286
819
58
310,496
248,000
173
11/1/2013
NA
NA
NA
NA
NA

Dec.
12/1/2012
219
143
553
67
304,421
248,700
174
12/1/2013
NA
NA
NA
NA
NA

YTD
12/1/2012
3,501
5,710
54
284,702

1/1/2013
204
450
62
280,273

A2013
YTD2013
1/1/2013
2
45
96
18
21
11
2
3
1
3
1
1
204

CALGARY YTD APARTMENT SALES BY PRICE RANGE

YTD JANUARY

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

YTD-2010

YTD-2011

YTD-2012

YTD-2013

Source: CREB

page 12 d

CITY OF CALGARY CONDOMINIUM APARTMENTS

CALGARY YTD APARTMENT NEW LISTINGS

YTD-JANUARY

CALGARY YTD APARTMENT SALES

YTD-JANUARY

450
400

900
800

350

700

300

600

250

500

200

400

150

300

100

200

50

100

Apartment Sales

10 Year Average

Apartment New Listings

Source: CREB

10 Year Average

Source: CREB

CALGARY APARTMENT MONTHS OF INVENTORY

CALGARY APARTMENT INVENTORY AND SALES

1,400

300,000

1,200

250,000

10
9

1,000

200,000

800
150,000
600

8
7
6
5
4

100,000

400

50,000

200

BALANCED

3
2
1

Apartment Inventory
Apartment Benchmark Price

Apartment Sales
Source: CREB

CALGARY APARTMENT PRICE CHANGE COMPARISON

Apartment Months of Supply 3 month MA

Source: CREB

CALGARY APARTMENT PRICES

25%

320,000

20%
15%

300,000

10%

280,000

5%
260,000

0%
-5%

240,000

-10%
-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

Median Price

Benchmark
PriceCREB
Source:

page 13 d

CREB TOWNS

2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

Jan.
1/1/2012
187
632
1,845
97
351,133
310,000
163
1/1/2013
245
547
1,218
82
349,213
329,200
173

TO40909
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 - $2,499,99
$2,500,000 - $2,999,99
$3,000,000 - $3,499,99
$3,500,000 - $3,999,99
$4,000,000 +

Jan-12
1/1/2012
3
18
51
38
31
15
9
8
3
4
1
2
1
2
1
187

Feb.
2/1/2012
304
602
1,761
78
326,883
312,100
164
2/1/2013
56
NA
NA
NA
NA

TO41275
Jan-13
1/1/2013
7
28
53
44
39
25
21
12
5
3
3
3
1
1
245

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2012
372
786
1,954
69
348,474
313,700
165
3/1/2013
NA
NA
NA
NA
NA

TO2012
YTD2012
1/1/2012
3
18
51
38
31
15
9
8
3
4
1
2
1
2
1
187

Apr.
4/1/2012
384
738
2,061
73
355,614
319,200
168
4/1/2013
NA
NA
NA
NA
NA

May
5/1/2012
437
751
2,116
75
373,085
321,400
169
5/1/2013
NA
NA
NA
NA
NA

Jun.
6/1/2012
476
678
2,001
71
352,522
325,400
171
6/1/2013
NA
NA
NA
NA
NA

July.
7/1/2012
407
588
1,922
75
348,561
326,000
172
7/1/2013
NA
NA
NA
NA
NA

Aug.
8/1/2012
324
571
1,817
74
341,517
327,500
172
8/1/2013
NA
NA
NA
NA
NA

Sept.
9/1/2012
321
498
1,637
70
345,473
327,900
173
9/1/2013
NA
NA
NA
NA
NA

Oct.
10/1/2012
313
459
1,479
73
344,085
329,800
174
10/1/2013
NA
NA
NA
NA
NA

Nov.
11/1/2012
270
360
1,340
69
339,079
329,400
173
11/1/2013
NA
NA
NA
NA
NA

Dec.
12/1/2012
175
219
1,134
89
338,042
327,000
172
12/1/2013
NA
NA
NA
NA
NA

YTD
12/1/2012
3,970
6,882
78
348,585

1/1/2013
245
547
105
349,213

TO2013
YTD2013
1/1/2013
7
28
53
44
39
25
21
12
5
3
3
3
1
1
245

CREB TOWNS YTD SALES BY PRICE RANGE

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

YTD-2011

YTD-2011

YTD-2012

YTD-2013

Source: CREB

page 14 d

CREB TOWNS

CREB TOWNS YTD TOTAL SALES

CREB TOWNS YTD TOTAL NEW LISTINGS

400

900

350
300

800
700

250

600

200

500
400

150

300

100

200
100

50

SF Sales
TH Sales

Apartment Sales
10 Year Average

Apartment New Listings

Source: CREB
10 Year Average

CREB TOWNS MONTHS OF INVENTORY

CREB TOWNS INVENTORY AND SALES

2,500

SF New Listings
TH New Listings

Source: CREB

350,000

16

300,000

14

2,000
250,000

12
10

1,500

200,000

1,000

150,000

500
-

Inventory

Sales

Benchmark Price

,
100,000

50,000

BALANCED

Months of Supply 3 month MA

Source: CREB

CREB TOWNS PRICE CHANGE COMPARISON

CREB TOWNS PRICES

20%

390,000

15%

370,000

10%

350,000

5%

330,000

0%

310,000

-5%

290,000

-10%

Source: CREB

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

2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
2013
Sales
New Listings
Active Listings
AverageDOM
Average Price

Jan.
1/1/2012
39
215
760
127
696,615
1/1/2013
35
235
741
151
1,168,311

C40909
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 - $2,499,99
$2,500,000 - $2,999,99
$3,000,000 - $3,499,99
$3,500,000 - $3,999,99
$4,000,000 +

Jan-12
1/1/2012
2
2
2
4
1
3
2
2
4
4
5
1
4
2
1
39

Feb.
2/1/2012
66
221
837
94
835,637
2/1/2013
5,425
NA
NA

C41275
Jan-13
1/1/2013
1
3
2
1
1
2
3
5
5
7
2
1
1
1
35

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2012
76
309
962
91
821,303
3/1/2013
NA
NA
NA

C2012
YTD2012
1/1/2012
2
2
2
4
1
3
2
2
4
4
5
1
4
2
1
39

Apr.
4/1/2012
90
257
1,044
93
806,827
4/1/2013
NA
NA
NA

May
5/1/2012
97
348
1,190
98
824,182
5/1/2013
NA
NA
NA

Jun.
6/1/2012
96
288
1,221
114
766,068
6/1/2013
NA
NA
NA

Jul.
7/1/2012
85
218
1,198
100
729,587
7/1/2013
NA
NA
NA

Aug.
8/1/2012
86
198
1,138
113
835,283
8/1/2013
NA
NA
NA

Sept.
9/1/2012
69
243
1,104
124
854,791
9/1/2013
NA
NA
NA

Oct.
10/1/2012
80
158
973
129
702,698
10/1/2013
NA
NA
NA

Nov.
11/1/2012
53
106
872
125
881,333
11/1/2013
NA
NA
NA

Dec.
12/1/2012
36
72
674
108
714,994
12/1/2013
NA
NA
NA

YTD
12/1/2012
873
2,633
108
793,056
1/1/2013
35
235
150
1,168,311

C2013
YTD2013
1/1/2013
1
3
2
1
1
2
3
5
5
7
2
1
1
1
35

CRES YTD SALES BY PRICE RANGE

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

YTD-2010

YTD-2011

YTD-2012

YTD-2013

Source: CREB

page 16 d

CREB COUNTRY RESIDENTIAL

CRES YTD TOTAL NEW LISTINGS

CRES YTD TOTAL SALES

60

250

50

200

40

150

30
100
20
50

10
0

CRES Sales

10 Year Average

CRES New Listings

Source: CREB

1,400

900,000

40

1,200

800,000

35

700,000

30

600,000

800

500,000

600

400,000
300,000

400
200
-

Inventory

Sales

Median Price

Source: CREB

CRES MONTHS OF INVENTORY

CRES INVENTORY AND SALES

1,000

10 Year Average

25
20
15

200,000

10

100,000

BALANCED

Months of Supply 3 month MA

Source: CREB

CRES PRICE CHANGE COMPARISON

Source: CREB

CRES PRICES
1,300,000

80%

1,200,000
60%
1,100,000
40%

1,000,000

20%

900,000

0%

800,000
700,000

-20%

600,000
-40%
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

Average Price 3 month MA

Median Price
Source: CREB

page 17 d

CREB TOTAL RESIDENTIAL

2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

Jan.
1/1/2012
1,326
3,477
7,256
69
393,778
356,700
168
1/1/2013
1,591
3,464
5,713
59
437,769
385,300
182

CT40909
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 - $2,499,99
$2,500,000 - $2,999,99
$3,000,000 - $3,499,99
$3,500,000 - $3,999,99
$4,000,000 +

Jan-12
1/1/2012
10
120
306
214
189
128
94
79
44
31
20
35
16
14
16
4
3
2
1
1,326

Feb.
2/1/2012
2,154
3,902
7,858
56
421,465
360,500
170
2/1/2013
168
224
5,425
31
449,333
NA
NA

CT41275
Jan-13
1/1/2013
11
113
301
213
236
186
135
100
59
43
33
57
33
24
22
12
7
2
2
1
1
1,591

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2012
2,698
4,747
8,650
48
422,416
365,600
172
3/1/2013
NA
NA
NA
NA
NA

CT2012
YTD2012
1/1/2012
10
120
306
214
189
128
94
79
44
31
20
35
16
14
16
4
3
2
1
1,326

Apr.
4/1/2012
2,787
4,562
9,115
49
429,419
373,000
176
4/1/2013
NA
NA
NA
NA
NA

May
5/1/2012
3,042
5,229
9,864
48
444,283
376,800
178
5/1/2013
NA
NA
NA
NA
NA

Jun.
6/1/2012
2,903
4,564
9,802
49
434,909
379,600
179
6/1/2013
NA
NA
NA
NA
NA

Jul.
7/1/2012
2,556
3,732
9,433
52
421,747
381,100
180
7/1/2013
NA
NA
NA
NA
NA

Aug.
8/1/2012
2,261
3,559
8,975
54
418,745
381,700
180
8/1/2013
NA
NA
NA
NA
NA

Sept.
9/1/2012
2,096
3,620
8,650
54
419,971
381,900
180
9/1/2013
NA
NA
NA
NA
NA

Oct.
10/1/2012
2,151
3,133
7,798
54
431,596
381,900
180
10/1/2013
NA
NA
NA
NA
NA

Nov.
11/1/2012
1,866
2,251
6,758
57
429,196
382,600
180
11/1/2013
NA
NA
NA
NA
NA

Dec.
12/1/2012
1,370
1,301
5,167
64
429,654
383,400
181
12/1/2013
NA
NA
NA
NA
NA

YTD
12/1/2012
27,210
44,077
53
426,439

1/1/2013
1,591
3,464
62
437,769

CT2013
YTD2013
1/1/2013
11
113
301
213
236
186
135
100
59
43
33
57
33
24
22
12
7
2
2
1
1
1,591

CREB RESIDENTIAL YTD SALES BY PRICE RANGE

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

YTD-2010

YTD-2011

YTD-2012

YTD-2013

Source: CREB

page 18 d

CREB TOTAL RESIDENTIAL

CREB RESIDENTIAL YTD TOTAL NEW LISTINGS

CREB RESIDENTIAL YTD TOTAL SALES

YTD-JANUARY

3,000

YTD-JANUARY

6,000

2,500

5,000

2,000

4,000
3,000

1,500

2,000

1,000

1,000

500

0
0

SF Sales
TH Sales

Apartment Sales
CRES

Source: CREB

Apartment New Listings

CRES New Listings
Source: CREB

CREB RESIDENTIAL MONTHS OF INVENTORY

CREB RESIDENTIAL INVENTORY AND SALES

12,000

SF New Listings
TH New Listings
10 Year Average

450,000

12

400,000
10,000
350,000
8,000

300,000
250,000

6,000

10
8
6

200,000
150,000

4,000

100,000
2,000

BALANCED

50
000
50,000
-

Inventory

Sales

Benchmark Price

Months of Supply 3 month MA

Source: CREB

CREB RESIDENTIAL PRICE CHANGE COMPARISON

Source: CREB

CREB RESIDENTIAL PRICES

460,000

15%

440,000

10%

420,000

5%

400,000

0%

380,000
-5%
360,000
-10%
340,000
-15%

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 ration

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 provide a better residential picture. All the data provided through
the monthly statistics package as of March 2012, reflect these adjustments. Please note, historical PDF packages do not include the
changes.
A summary of these changes is available below:
MONTHLY STATISTICS PACKAGE
We now provide monthly statistics for: CREB Total Residential, CREB Towns, CREB Country Residential (CRES), City of Calgary,
City of Calgary Single Family, City of Calgary Apartment, City of Calgary Townhouse.
Median prices have been removed and replaced with the benchmark price and the index.
MLS HPI Summary was added.
Several trending graphs and summary stats were added for each category
All categories exclude: vacant lots, time shares, parking stalls and mobile homes on leased land.
CITY OF CALGARY
Includes sales in Zones A, B, C, D only.
Condominium Apartment includes all Condominium title properties that are classified by type as either a low-rise or high-rise
apartment.
Condominium Townhouse include all Condominium titled properties that are not classified as an Apartment.
Historical inventories have been adjusted to best reflect the adjustments made to the data.
TOTAL MLS

Changed to CREB Total Residential and excludes the following:

Excludes: Rural Land, Country Recreational (CREC),
The exclusions applied to the data results in roughly 400 500 less sales per year.
Historical inventories have been revised to best reflect the adjustments made to the data, while Mobile Homes, Rural Land

CREB Towns
Includes only areas outside of Calgary that we have majority of membership
Areas inlcuded: 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