CALGARY REGIONAL HOUSING MARKET STATISTICS

11.12

CALGARY RESALE MARKET REMAINS IN BALANCE

Inventories continue to fall, but sales growth eases to keep market stable
Calgary, December 3, 2012 Residential sales in the City of
Calgary have increased by 15 per cent on a year-to-date basis,
and were up 8-per-cent in November compared to the same
month in 2011.

CITY OF CALGARY TOTAL SALES

Nearly eight consecutive months of double-digit, year-overyear sales growth has caused inventory levels to decline
because new listings have not kept up. However, the ratio
between sales and inventory indicates the market remains in
balanced territory.
With fewer inventories in the market, consumers are eager to
view new listings and if consumers see value they will buy,
said Bob Jablonski, CREB President. However, the market is
not demonstrating the same frenzy that we saw during the
overheated period.
Clients are more cautious today and considering all their
options. They have reverted back to considering if this is a
home they can stay in for many years, because the quick
equity gains are less likely.
The 15-per-cent year-to-date increase in the city brings sales
activity to levels more consistent with long term trends.
Meanwhile, new listings have declined by 6 per cent after the
first 11 months of the year, resulting in an average 17-per-cent
decline in inventory levels, which were considered elevated.
The months of supply have stayed within the lower range of
the balanced territory throughout the year, and this has
supported the city-wide average year-to-date benchmark
price growth of 5 per cent.
Single family sales totaled 1,006 for the month of November, a
5-per-cent increase compared to 2011. Winter season typically
sees a drop in sales activity, new listings and ultimately lower
inventory levels.
Inventories declined to 2,586 units and sales activity also
declined over the previous month, keeping the market in
balance. Meanwhile the unadjusted benchmark price for
single family homes was $433,600 in November 2012,
unchanged compared to the previous month, and 8.5-per-cent
higher than levels recorded in November 2011.
After 11 months of the year, condominium apartment and
townhouse sales increased by a respective 11 and 17 per cent
compared to the same period in 2011. The apartment market
has remained in balance throughout most of the year, leading
to some price gains following the declines recorded
throughout much of 2011.
As of November, the benchmark price for an apartment
condominium in Calgary was $248,000, while townhomes
were $282,800. Both sectors of the condominium market
recorded a 4-per-cent increase this month relative to
November 2012. However, on a year-to-date average, this
growth drops to 2 and 3 per cent for apartment and
townhouse respectively.

CREB Calgary Regional Housing Market Statistics

CALGARY INVENTORY

Despite elevated concerns regarding

household debt and activity in other Canadian
markets, the housing market continues to
demonstrate resilience in Calgary, said AnnMarie Lurie, CREB Chief Economist. This is
related to the migration, wage and
employment growth recorded in the city.
Price growth has been stronger than
expected, mostly due the single family market.
However, it has leveled off as consumers
sensitivity to price has encouraged them to
consider their housing options in the wellsupplied surrounding areas and the
condominium market.
While the Calgary area market has been
improving, it is not on the cusp of a dramatic
rise or fall. Slower growth trends in the
employment market along with changes in
lending policy and near-term challenges in the
oil sector will likely dampen demand,
preventing a boom. The decline in new listings
will compensate for any adjustment in
demand, helping maintain price stability in the
market.

page 1 d

CREB - SUMMARY STATS

Nov-11
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

Nov-12

Nov-11

Nov-12

Y/Y %

2011 YTD

2012 YTD

Y/Y %

1,698
$695,741,216
2,452
8,863
0.69
96.52%
60
$409,742
$357,100
168

1,866
$800,885,927
2,253
6,758
0.83
96.86%
57
$429,199
$382,600
180

9.89%
15.11%
-8.12%
-23.75%
19.60%
0.33%
-4.96%
4.75%
7.14%
7.13%

21,610
$9,013,659,808
44,111
N/A
0.49
96.71%
57
$417,106

25,848
$11,018,711,055
42,780
N/A
0.60
97.16%
53
$426,289

19.61%
22.24%
-3.02%

1,345
$554,429,578
1,837
5,338
0.73
96.56%
53
$412,215
$362,400
169

1,457
$632,241,948
1,631
3,831
0.89
97.11%
51
$433,934
$388,800
181

8.33%
14.03%
-11.21%
-28.23%
22.01%
0.56%
-4.88%
5.27%
7.28%
7.28%

17,471
$7,252,359,541
32,992
N/A
0.53
96.89%
48
$415,108

20,128
$8,618,963,067
30,965
N/A
0.65
97.35%
44
$428,208

15.21%
18.84%
-6.14%

298
$99,953,263
478
2,531
0.62
96.96%
82
$335,414
$310,200
163

356
$121,933,329
514
2,037
0.69
96.78%
72
$342,509
$329,400
173

19.46%
21.99%
7.53%
-19.52%
11.10%
-0.17%
-12.18%
2.12%
6.19%
6.19%

3,508
$1,247,258,574
8,613
N/A
0.41
96.80%
81
$355,547

4,878
$1,731,188,082
9,247
N/A
0.53
97.11%
76
$354,897

39.05%
38.80%
7.36%

54
$41,163,375
134
894
0.40
95.03%
101
$762,285
$687,500

53
$46,710,650
106
872
0.50
93.71%
125
$881,333
$800,000

-1.85%
13.48%
-20.90%
-2.46%
24.07%
-1.31%
23.17%
15.62%
16.36%

629
$513,111,693
2,491
N/A
0.25
94.12%
103
$815,758

837
$666,597,906
2,561
N/A
0.33
94.93%
108
$796,413

33.07%
29.91%
2.81%

23.33%
0.44%
-7.02%
2.20%

22.75%
0.46%
-8.33%
3.16%

29.52%
0.31%
-6.17%
-0.18%

29.43%
0.81%
4.85%
-2.37%

For a list of definitions, see page 20.

CREB Calgary Regional Housing Market Statistics

page 2

CREB SUMMARY STATISTICS CITY OF CALGARY

Nov-11
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

Nov-12

Nov-11

Nov-12

Y/Y %

2011 YTD

2012 YTD

Y/Y %

954
$447,293,114
1,275
3,674
0.75
96.57%
52
$468,861
$399,700
170

1,006
$491,241,163
1,157
2,586
0.87
97.14%
49
$488,311
$433,600
184

5.45%
9.83%
-9.25%
-29.61%
16.21%
0.57%
-5.55%
4.15%
8.48%
8.49%

12,403
$5,794,335,109
23,302
N/A
0.53
96.94%
46
$467,172

14,367
$6,902,203,667
21,770
N/A
0.66
97.41%
42
$480,421

15.83%
19.12%
-6.57%

241
$61,519,385
338
1,052
0.71
96.15%
56
$255,267
$238,000
166

253
$78,555,444
286
819
0.88
96.70%
58
$310,496
$248,000
173

4.98%
27.69%
-15.38%
-22.15%
24.07%
0.55%
3.81%
21.64%
4.20%
4.21%

2,956
$802,935,466
5,783
N/A
0.51
96.39%
54
$271,629

3,283
$930,402,396
5,568
N/A
0.59
96.81%
53
$283,400

11.06%
15.88%
-3.72%

150
$45,617,079
224
612
0.67
96.97%
59
$304,114
$271,600
170

198
$62,445,341
188
426
1.05
97.39%
50
$315,381
$282,800
177

32.00%
36.89%
-16.07%
-30.39%
57.28%
0.42%
-14.23%
3.70%
4.12%
4.12%

2,112
$655,088,966
3,907
N/A
0.54
97.02%
53
$310,175

2,478
$786,357,004
3,627
N/A
0.68
97.39%
48
$317,335

17.33%
20.04%
-7.17%

CREB Calgary Regional Housing Market Statistics

23.99%
0.47%
-8.70%
2.84%

15.35%
0.43%
-1.85%
4.33%

26.39%
0.37%
-9.43%
2.31%

page 3

MLS HPI SUMMARY

November 2012
Benchmark Price
Index (HPI)

Oct-12

May-12

% Changes
Nov-11

Nov-09

Nov-07

CREB TOTAL RESIDENTIAL

Single Family
Townhouse
Apartment
COMPOSITE

420,700
281,200
247,200
382,600

182
177
173
180

-0.1%
1.4%
0.4%
0.2%

1.4%
2.2%
1.1%
1.5%

8.1%
4.1%
4.3%
7.1%

7.9%
2.2%
2.1%
6.4%

-0.9%
-10.8%
-12.9%
-4.0%

CREB TOWNS
Single Family
Townhouse
Apartment
COMPOSITE

335,900
222,700
189,600
329,400

173
180
163
173

-0.2%
1.0%
0.6%
-0.1%

2.5%
4.7%
0.4%
2.5%

6.4%
3.0%
6.8%
6.2%

5.1%
0.8%
0.0%
4.7%

-5.6%
-15.4%
-17.3%
-6.6%

CREB CITY OF CALGARY

Single Family
Townhouse
Apartment
COMPOSITE

433,600
282,800
248,000
388,800

184
177
173
181

0.1%
1.4%
0.4%
0.3%

1.4%
2.1%
1.1%
1.5%

8.5%
4.1%
4.2%
7.3%

8.4%
2.3%
2.1%
6.6%

0.0%
-10.5%
-12.8%
-3.7%

CREB Calgary Regional Housing Market Statistics

page 4

COMPARISONS

Benchmark Price - November

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 - November

Townhouse

Apartment

Total Composite

CREB Towns

Source: CREB

Sales Distribution - November

8.0

120%

7.0

100%

6.0
80%

5.0
4.0

2.84%
15.33%

17.36%

12.92%

13.59%

68.92%

69.05%

9.27%
12.08%

60%

3.0
40%

2.0

78.65%

20%

1.0
Months of Supply SF

Months of Supply
Townhouse

CREB Total Residential

CREB Towns

Months of Supply
Apartment

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%

210

10%

200

5%
190

0%

180

-5%

170

-10%
-15%

160

-20%

150

Index Value Single Family

Index Value Tonwhouse

Index Value Apartment

CREB Calgary Regional Housing Market Statistics

Source: CREB

SF Y/Y Index Price Change

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

Source: CREB

page 5 d

CREB CITY OF CALGARY

2011
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

Jan.
1/1/2011
1,084
2,820
4,638
58
407,665
352,400
164
1/1/2012
1,068
2,530
4,367
60
391,372
361,800
169

T40848
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 +

Nov-11
11/1/2011
115
330
197
169
155
100
56
55
33
31
31
25
14
14
9
7
1
1
1
1
1,345

Feb.
2/1/2011
1,622
3,213
5,176
47
412,809
356,900
166
2/1/2012
1,732
2,883
4,736
49
425,383
365,900
171

T41214
Nov-12
11/1/2012
4
88
303
228
207
152
109
84
61
64
34
37
22
16
27
8
2
3
3
4
1
1,457

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2011
1,924
3,416
5,866
42
407,212
361,200
168
3/1/2012
2,166
3,349
5,092
42
422,354
371,400
173

T2011
YTD2011
11/1/2011
44
,
1,215
3,810
2,711
2,614
1,996
1,402
871
631
457
393
457
304
137
179
121
41
34
26
19
4
3
2
17,471

Apr.
4/1/2011
1,745
3,254
6,324
45
421,170
363,700
170
4/1/2012
2,199
3,239
5,270
41
428,912
379,200
177

May
5/1/2011
1,810
3,552
6,626
43
433,069
364,200
170
5/1/2012
2,381
3,803
5,739
40
445,034
383,200
179

Jun.
6/1/2011
1,964
3,353
6,660
46
426,049
364,400
170
6/1/2012
2,198
3,305
5,715
40
441,736
385,800
180

Jul.
7/1/2011
1,596
2,855
6,537
49
407,977
364,600
170
7/1/2012
1,933
2,650
5,430
43
425,924
387,300
181

Aug.
8/1/2011
1,569
2,960
6,473
50
404,153
363,100
169
8/1/2012
1,722
2,583
5,184
45
417,052
387,700
181

Sept.
9/1/2011
1,461
3,202
6,653
50
417,511
363,300
169
9/1/2012
1,611
2,680
5,098
45
419,651
388,000
181

Oct.
10/1/2011
1,351
2,530
6,311
53
408,719
362,700
169
10/1/2012
1,661
2,312
4,583
46
437,015
387,700
181

Nov.
11/1/2011
1,345
1,837
5,338
53
412,215
362,400
169
11/1/2012
1,457
1,631
3,831
51
433,934
388,800
181

Dec.
12/1/2011
1,026
1,076
3,989
60
402,136
362,200
169
12/1/2012
527
651
4,088
61
426,816
NA
NA

YTD
12/1/2011
18,497
34,068
48
414,389

11/1/2012
20,128
30,965
44
428,208

T2012
YTD2012
11/1/2012
23
,
1,137
4,143
3,027
2,812
2,428
1,716
1,218
845
675
464
610
329
196
250
105
63
26
30
22
5
2
2
20,128

CALGARY YTD SALES BY PRICE RANGE

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

YTD-2009

YTD-2010

YTD-2011

YTD-2012

Source: CREB

page 6 d

CITY OF CALGARY

CALGARY YTD TOTAL SALES

CALGARY YTD TOTAL NEW LISTINGS

YTD-NOVEMBER

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

7,000

450,000

400,000

6,000

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

Inventory

Sales

Benchmark Price

Apartment New Listings

10 Year Average
Source: CREB

CALGARY MONTHS OF INVENTORY

CALGARY INVENTORY AND SALES

5,000

YTD-NOVEMBER

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

350,000

300,000

250,000

200,000

150,000

100,000

50,000

Months of Supply 3 month MA

Source: CREB

CALGARY PRICE CHANGE COMPARISON

Source: CREB

CALGARY PRICES

15%

460,000

10%

440,000

5%

420,000

0%

400,000

-5%

BALANCED

380,000

-10%

360,000

-15%

340,000

-20%

320,000

Average Price Y/Y% Change

Index Y/Y% Change

Y/Y Median Price Change

Source: CREB

CREB Calgary Regional Housing Market Statistics

Average Price
Benchmark Price

Median Price
Source: CREB

page 7 d

CREB CITY OF CALGARY SINGLE FAMILY

2011
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

Jan.
1/1/2011
782
1,949
3,011
57
453,766
387,200
164
1/1/2012
763
1,714
2,918
59
440,478
400,800
170

SF40848
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 +

Nov-11
11/1/2011
17
163
139
146
136
86
54
50
31
30
30
25
14
14
9
6
1
1
1
1
954

Feb.
2/1/2011
1,157
2,245
3,436
45
461,946
392,300
167
2/1/2012
1,281
2,000
3,093
48
470,033
404,800
172

SF41214
Nov-12
11/1/2012
9
117
154
169
127
99
78
56
58
29
31
21
15
25
6
2
3
3
4
1,006

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2011
1,344
2,417
3,958
39
461,579
396,800
168
3/1/2012
1,576
2,346
3,367
40
472,477
411,000
174

SF2011
YTD2011
11/1/2011
1
154
,
1,638
1,997
2,154
1,793
1,236
808
582
422
364
434
283
133
168
112
39
34
25
18
4
3
1
12,403

Apr.
4/1/2011
1,211
2,285
4,327
41
479,304
400,100
170
4/1/2012
1,580
2,287
3,501
38
483,045
422,000
179

May
5/1/2011
1,308
2,536
4,545
41
488,862
400,800
170
5/1/2012
1,707
2,706
3,842
37
501,684
427,500
181

Jun.
6/1/2011
1,385
2,394
4,648
43
480,283
401,300
170
6/1/2012
1,606
2,366
3,817
36
489,594
430,800
183

Jul.
7/1/2011
1,142
2,030
4,544
49
456,374
401,100
170
7/1/2012
1,383
1,879
3,646
40
478,514
432,400
184

Aug.
8/1/2011
1,101
2,095
4,491
49
454,595
399,700
170
8/1/2012
1,167
1,811
3,535
43
475,679
432,600
184

Sept.
9/1/2011
1,035
2,303
4,661
48
466,192
400,100
170
9/1/2012
1,127
1,888
3,486
42
468,912
432,900
184

Oct.
10/1/2011
984
1,773
4,390
52
455,392
399,700
170
10/1/2012
1,171
1,616
3,105
43
492,657
433,300
184

Nov.
11/1/2011
954
1,275
3,674
52
468,861
399,700
170
11/1/2012
1,006
1,157
2,586
49
488,311
433,600
184

Dec.
12/1/2011
717
753
2,705
58
454,992
399,900
170
12/1/2012
372
481
2,770
59
496,385
NA
NA

YTD
12/1/2011
13,120
24,055
46
466,506

11/1/2012
14,367
21,770
42
480,421

SF2012
YTD2012
11/1/2012
2
121
,
1,603
2,174
2,334
2,100
1,530
1,116
782
625
438
569
314
187
235
99
57
25
29
20
3
2
2
14,367

CALGARY YTD SINGLE FAMILY SALES BY PRICE RANGE

YTD NOVEMBER

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

YTD-2009

YTD-2010

YTD-2011

YTD-2012

Source: CREB

page 8 d

CITY OF CALGARY SINGLE FAMILY

CALGARY YTD SINGLE FAMILY NEW LISTINGS

CALGARY YTD SINGLE FAMILY SALES

YTD-NOVEMBER

20,000

YTD-NOVEMBER

35,000

18,000
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
0

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

150,000
,

1,000

100,000

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

5
4
3
2

0 000
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

2011
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

Jan.
1/1/2011
116
349
622
59
291,958
264,400
165
1/1/2012
126
312
520
61
297,918
270,300
169

TH40848
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 +

Nov-11
11/1/2011
22
62
26
17
9
8
3
2
1
150

Feb.
2/1/2011
184
384
717
52
308,462
267,400
167
2/1/2012
205
374
612
51
310,047
270,500
169

TH41214
Nov-12
11/1/2012
26
82
38
17
14
6
4
2
3
3
2
1
198

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2011
248
408
742
52
309,833
269,400
168
3/1/2012
234
358
606
49
313,938
274,600
172

TH2011
YTD2011
11/1/2011
4
291
922
327
236
116
84
26
25
23
18
18
6
2
8
5
1
2112

Apr.
4/1/2011
224
405
784
57
296,299
269,200
168
4/1/2012
268
357
612
49
320,607
276,400
173

May
5/1/2011
214
409
821
46
313,846
269,000
168
5/1/2012
288
455
675
38
330,413
277,000
173

Jun.
6/1/2011
242
387
784
54
324,750
269,200
168
6/1/2012
253
395
693
45
326,053
278,000
174

Jul.
7/1/2011
206
334
763
52
304,971
272,200
170
7/1/2012
239
304
623
45
303,380
277,400
173

Aug.
8/1/2011
184
353
766
51
320,269
271,400
170
8/1/2012
240
308
584
50
309,309
278,200
174

Sept.
9/1/2011
190
358
758
53
329,089
271,600
170
9/1/2012
208
296
548
51
329,797
277,700
174

Oct.
10/1/2011
154
296
710
52
296,139
270,600
169
10/1/2012
219
280
505
50
321,644
279,000
174

Nov.
11/1/2011
150
224
612
59
304,114
271,600
170
11/1/2012
198
188
426
50
315,381
282,800
177

Dec.
12/1/2011
126
124
479
62
293,179
272,700
170
12/1/2012
78
47
441
44
257,600
NA
NA

YTD
12/1/2011
2,238
4,031
53
309,218

11/1/2012
2,478
3,627
48
317,335

TH2012
YTD2012
11/1/2012
291
,
1,068
427
227
165
109
63
36
28
13
24
11
5
8
3
2478

CALGARY YTD TOWNHOUSE SALES BY PRICE RANGE

YTD NOVEMBER

60%

50%

40%

30%

20%

10%

0%

YTD-2009

YTD-2010

YTD-2011

YTD-2012

Source: CREB

page 10 d

CITY OF CALGARY CONDOMINIUM TOWNHOUSE

CALGARY YTD TOWNHOUSE NEW LISTINGS

CALGARY YTD TOWNHOUSE SALES

YTD-NOVEMBER

4,000
3,500

YTD-NOVEMBER

6000
5000

3,000
4000

2,500

3000

2,000
1,500

2000

1,000
1000

500

Townhouse Sales

10 Year Average

10 Year Average

Source: CREB

CALGARY TOWNHOUSE MONTHS OF INVENTORY

CALGARY TOWNHOUSE INVENTORY AND SALES

300,000

800

Townhouse New Listings

Source: CREB

9
8

700

250,000

600
200,000

500

7
6
5

150,000

400
300

100,000

200

BALANCED

3
2

50,000

100
-

TH Inventory

TH Sales

TH Benchmark Price

1
-

TH Months of Supply 3 month MA

Source: CREB

CALGARY TOWNHOUSE PRICE CHANGE COMPARISON

Source: CREB

CALGARY TOWNHOUSE PRICES

20%

340,000

15%

320,000

10%
5%

300,000

0%

280,000

-5%
260,000

-10%

240,000

-15%
-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

2011
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

Jan.
1/1/2011
186
522
1,005
63
286,004
234,200
164
1/1/2012
179
504
929
64
247,837
233,800
163

A40848
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 +

Nov-11
11/1/2011
76
105
32
6
10
6
2
2
1
1
241

Feb.
2/1/2011
281
584
1,023
54
278,819
237,000
166
2/1/2012
246
509
1,031
51
288,991
238,700
167

A41214
Nov-12
11/1/2012
4
53
104
36
21
11
4
2
3
3
2
4
1
1
1
2
1
253

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2011
332
591
1,166
49
259,865
241,400
169
3/1/2012
356
645
1,119
48
271,724
243,000
170

A2011
YTD2011
11/1/2011
39
770
,
1,250
387
224
87
82
37
24
12
11
5
15
2
3
4
1
1
1
1
2,956

Apr.
4/1/2011
310
564
1,213
51
284,301
243,100
170
4/1/2012
351
595
1,157
50
267,931
243,400
170

May
5/1/2011
288
607
1,260
53
268,267
243,400
170
5/1/2012
386
642
1,222
50
280,030
245,400
171

Jun.
6/1/2011
337
572
1,228
53
275,904
242,700
170
6/1/2012
339
544
1,205
55
301,348
246,300
172

Jul.
7/1/2011
248
491
1,230
50
270,678
242,600
169
7/1/2012
311
467
1,161
55
286,231
247,600
173

Aug.
8/1/2011
284
512
1,216
56
262,951
240,000
168
8/1/2012
315
464
1,065
52
281,941
248,700
174

Sept.
9/1/2011
236
541
1,234
59
275,204
240,100
168
9/1/2012
276
496
1,064
54
286,217
249,300
174

Oct.
10/1/2011
213
461
1,211
61
274,497
239,300
167
10/1/2012
271
416
973
55
289,820
247,000
173

Nov.
11/1/2011
241
338
1,052
56
255,267
238,000
166
11/1/2012
253
286
819
58
310,496
248,000
173

Dec.
12/1/2011
183
199
805
67
270,063
236,000
165
12/1/2012
78
124
877
87
262,100
NA
NA

YTD
12/1/2011
3,139
5,982
54
271,538

11/1/2012
3,283
5,568
53
283,400

A2012
YTD2012
11/1/2012
21
725
,
1,472
426
251
163
77
39
27
22
13
17
4
4
7
3
6
1
1
2
2
3,283

CALGARY YTD APARTMENT SALES BY PRICE RANGE

YTD NOVEMBER

60%

50%

40%

30%

20%

10%

0%

YTD-2009

YTD-2010

YTD-2011

YTD-2012

Source: CREB

page 12 d

CITY OF CALGARY CONDOMINIUM APARTMENTS

CALGARY YTD APARTMENT SALES

YTD-NOVEMBER

5,000
4,500

CALGARY YTD APARTMENT NEW LISTINGS

YTD-NOVEMBER
9,000
8,000

4,000
3,500

7,000
6,000

3,000
2,500
2,000

5,000
4,000

1,500
1,000

3,000

500
0

1,000

2,000
0

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
Apartment Months of Supply 3 month MA

Source: CREB

CALGARY APARTMENT PRICE CHANGE COMPARISON

Source: CREB

CALGARY APARTMENT PRICES

25%

320000

20%
300000

15%
10%

280000

5%
0%

260000

-5%

240000

-10%
220000

-15%
-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

Median Price

Benchmark Price
Source: CREB

page 13 d

CREB TOWNS

2011
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

Jan.
1/1/2011
199
688
2,121
82
334,831
303,000
159
1/1/2012
218
730
2,129
102
352,113
310,000
163

TO40848
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 +

Nov-11
11/1/2011
5
50
61
51
55
33
14
8
5
5
5
3
1
1
1
298

Feb.
2/1/2011
270
717
2,274
83
342,161
305,900
161
2/1/2012
355
798
2,285
81
325,915
312,100
164

TO41214
Nov-12
11/1/2012
4
58
72
51
67
44
28
8
9
6
1
2
4
1
1
356

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2011
322
891
2,549
74
357,231
311,000
164
3/1/2012
455
1,090
2,596
69
355,392
313,700
165

TO2011
YTD2011
11/1/2011
58
400
867
630
542
400
198
122
72
38
50
42
27
23
17
16
3
2
1
3,508

Apr.
4/1/2011
324
865
2,757
81
368,806
312,900
165
4/1/2012
498
1,065
2,801
72
363,453
319,200
168

May
5/1/2011
386
1,012
3,029
77
349,124
314,800
166
5/1/2012
564
1,078
2,935
76
375,776
321,400
169

Jun.
6/1/2011
431
921
3,081
68
359,951
313,700
165
6/1/2012
609
971
2,866
70
358,313
325,400
171

July.
7/1/2011
355
848
3,141
80
363,172
315,000
166
7/1/2012
539
863
2,806
75
358,217
326,000
172

Aug.
8/1/2011
318
799
3,153
75
360,359
315,000
166
8/1/2012
453
778
2,653
77
346,103
327,500
172

Sept.
9/1/2011
309
707
3,000
85
363,356
315,700
166
9/1/2012
417
697
2,447
73
349,234
327,900
173

Oct.
10/1/2011
296
687
2,793
83
365,105
312,300
164
10/1/2012
414
663
2,224
74
358,568
329,800
174

Nov.
Dec.
11/1/2011
12/1/2011
298
216
478
327
2,531
1,941
82
90
335,414
357,287
310,200
311,000
163
164
11/1/2012
12/1/2012
356
47
514
202
2,037
5,425
72
92
342,509
215,667
329,400 NA
173 NA

YTD
12/1/2011
3,724
8,940
81
355,648

11/1/2012
4,878
9,247
76
354,897

TO2012
YTD2012
11/1/2012
107
519
,
1,140
885
747
591
304
187
122
86
48
47
35
19
24
9
4
3
1
4,878

CREB TOWNS YTD SALES BY PRICE RANGE

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

YTD-2010

YTD-2010

YTD-2011

YTD-2012

Source: CREB

page 14 d

CREB TOWNS

CREB TOWNS YTD TOTAL SALES

CREB TOWNS YTD TOTAL NEW LISTINGS

6,000

12,000

5,000

10,000

4,000

8,000

3,000

6,000

2,000

4,000

1,000

2,000
0

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

350,000

3,500

SF New Listings
TH New Listings

Source: CREB

18
16

3,000

300,000

2,500

250,000

2,000

200,000

10

1,500

150,000

1,000

100,000
,

14
12

6
500
-

Inventory

Sales

Benchmark Price

50,000

Months of Supply 3 month MA

Source: CREB

CREB TOWNS PRICE CHANGE COMPARISON

BALANCED

Source: CREB

CREB TOWNS PRICES

430,000

25%
20%
15%
10%
5%
0%
-5%
-10%
-15%
-20%
-25%

410,000
390,000
370,000
350,000
330,000
310,000
290,000
270,000
250,000

Average Price Y/Y% Change

Index Y/Y% Change

Median Price Change

Source: CREB

CREB Calgary Regional Housing Market Statistics

Average Price
Benchmark Price

Median Price
Source: CREB

page 15 d

CREB COUNTRY RESIDENTIAL

2011
Sales
New Listings
Active Listings
AverageDOM
Average Price
2012
Sales
New Listings
Active Listings
AverageDOM
Average Price

Jan.
1/1/2011
33
168
606
131
726,136
1/1/2012
39
215
760
127
696,615

C40848
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 +

Nov-11
11/1/2011
3
1
1
2
5
4
5
7
6
6
5
4
2
1
2
54

Feb.
2/1/2011
43
225
705
113
799,393
2/1/2012
66
221
837
94
835,637

C41214
Nov-12
11/1/2012
1
3
1
3
2
3
4
2
3
4
10
5
5
2
1
1
2
1
53

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2011
58
236
823
91
876,366
3/1/2012
76
309
962
91
821,303

C2011
YTD2011
11/1/2011
18
41
16
21
23
24
28
36
35
42
67
72
49
82
31
14
10
12
6
2
629

Apr.
4/1/2011
64
250
925
93
866,442
4/1/2012
90
257
1,044
93
806,827

May
5/1/2011
68
303
1,061
112
840,590
5/1/2012
97
348
1,190
98
824,182

Jun.
6/1/2011
63
315
1,166
86
885,475
6/1/2012
96
288
1,221
114
766,068

Jul.
7/1/2011
59
243
1,206
87
832,742
7/1/2012
85
218
1,198
100
729,587

Aug.
8/1/2011
63
225
1,190
106
829,621
8/1/2012
86
198
1,138
113
835,283

Sept.
9/1/2011
69
224
1,123
124
776,414
9/1/2012
69
243
1,104
124
854,791

Oct.
10/1/2011
55
168
1,032
113
716,636
10/1/2012
80
158
973
129
702,698

Nov.
11/1/2011
54
134
894
101
762,285
11/1/2012
53
106
872
125
881,333

Dec.
12/1/2011
47
98
683
105
828,660
12/1/2012
16
31
5,425
102
1,115,000

YTD
12/1/2011
676
2,589
103
816,655
11/1/2012
837
2,561
108
796,413

C2012
YTD2012
11/1/2012
4
17
36
42
39
40
47
40
42
46
58
101
89
58
79
31
27
12
19
5
3
1
1
837

CRES YTD SALES BY PRICE RANGE

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

YTD-2009

YTD-2010

YTD-2011

YTD-2012

Source: CREB

page 16 d

CREB COUNTRY RESIDENTIAL

CRES YTD TOTAL NEW LISTINGS

CRES YTD TOTAL SALES

3000

1000
900
800
700
600
500
400
300
200
100
0

2500
2000
1500
1000
500
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

Source: CREB

CRES PRICES

CRES PRICE CHANGE COMPARISON

80%

1,200,000

60%

1,100,000
1,000,000

40%

900,000

20%

800,000

0%

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

2011
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

Jan.
1/1/2011
1,316
3,676
7,981
64
404,637
347,300
164
1/1/2012
1,326
3,477
7,256
69
393,778
356,700
168

CT40848
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 +

Nov-11
11/1/2011
5
166
394
249
225
190
119
68
60
43
43
40
32
20
18
12
8
3
1
1
1
1,698

Feb.
2/1/2011
1,935
4,156
8,839
54
411,542
351,600
166
2/1/2012
2,154
3,902
7,858
56
421,465
360,500
170

CT41214
Nov-12
11/1/2012
8
147
375
282
275
199
139
95
74
72
38
43
36
22
32
11
3
4
5
5
1
1,866

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2011
2,304
4,544
9,942
48
412,037
356,200
168
3/1/2012
2,698
4,749
8,650
48
422,416
365,600
172

CT2011
YTD2011
11/1/2011
102
1,634
,
4,718
3,357
3,177
2,419
1,624
1,021
739
530
485
567
403
209
278
168
58
44
40
26
6
3
2
21,610

Apr.
4/1/2011
2,133
4,372
10,754
52
426,576
358,600
169
4/1/2012
2,787
4,562
9,115
49
429,419
373,000
176

May
5/1/2011
2,264
4,867
11,551
51
430,997
359,400
169
5/1/2012
3,042
5,229
9,864
48
444,283
376,800
178

Jun.
6/1/2011
2,458
4,590
11,014
51
426,235
359,400
169
6/1/2012
2,905
4,564
9,802
49
434,927
379,600
179

Jul.
7/1/2011
2,010
3,947
11,857
56
412,532
359,600
170
7/1/2012
2,557
3,732
9,433
52
421,746
381,100
180

Aug.
8/1/2011
1,950
3,986
10,913
56
410,757
358,400
169
8/1/2012
2,261
3,559
8,975
54
418,745
381,700
180

Sept.
9/1/2011
1,840
4,135
10,880
59
422,048
358,600
169
9/1/2012
2,097
3,620
8,650
53
419,966
381,900
180

Oct.
10/1/2011
1,702
3,386
10,247
60
411,084
357,700
169
10/1/2012
2,155
3,133
7,798
54
431,807
381,900
180

Nov.
11/1/2011
1,698
2,452
8,863
60
409,742
357,100
168
11/1/2012
1,866
2,253
6,758
57
429,199
382,600
180

Dec.
12/1/2011
1,290
1,501
6,613
67
410,169
357,100
168
12/1/2012
589
884
5,425
64
428,257
NA
NA

YTD
12/1/2011
22,900
45,612
58
416,715

11/1/2012
25,848
42,780
53
426,289

CT2012
YTD2012
11/1/2012
134
1,673
,
5,321
3,954
3,599
3,060
2,067
1,445
1,009
807
570
759
453
273
353
145
94
41
49
28
8
3
3
25,848

CREB RESIDENTIAL YTD SALES BY PRICE RANGE

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

YTD-2009

YTD-2010

YTD-2011

YTD-2012

Source: CREB

page 18 d

CREB TOTAL RESIDENTIAL

CREB RESIDENTIAL YTD TOTAL NEW LISTINGS

CREB RESIDENTIAL YTD TOTAL SALES

YTD-NOVEMBER

35,000
30,000

50,000

25,000

40,000

20,000

30,000

15,000

YTD-NOVEMBER

60,000

20,000

10,000
10,000
5,000
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 and

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