MONTHLY STATISTICS PACKAGE. City of Calgary. May creb.com

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1 MONTHLY STATISTICS PACKAGE City of Calgary May 1 creb.com

2 Housing supply swells in cool spring market MONTHLY STATISTICS PACKAGE City of Calgary May 1 City of Calgary, June 1, 1 Calgary s housing inventory was on the rise once again in May as new listings climbed and sales slowed to 1,93 units. While recent oil price gains may have some feeling optimistic, weakness in the labour market continues to impact housing demand, said CREB chief economist AnnMarie Lurie. Job losses are spreading into other sectors, wages are declining and unemployment levels remain high. At the same time, we re seeing housing supply levels rise in the rental, new home and resale markets. Inventory levels rose by 1 per cent in May to a total of,18 units. Every product type is experiencing these gains, but the largest inventory growth has occurred in the apartment and attached categories. Together, these sectors represent half of all resale inventories in Calgary. The resale apartment market has been the most difficult for sellers, said CREB president Cliff Stevenson. They are competing with improved selection in the lower price ranges of the detached and attached markets, and facing increased competition from the new home sector, where builders are offering incentives to attract potential buyers. While apartment resale supply remains per cent below the May high of,55 units in 8, the combination of rising supply in the apartment sector and steep declines in sales activity has elevated months of supply to nearly six months. The apartment sector of the market has experienced buyers conditions for more than 1 months, so the impact on pricing is more dramatic, compared to the detached and attached sectors. In May, the apartment benchmark price totaled $78,5, a monthly and yearoveryear decline of.7 and 5. per cent. In the detached and attached markets, home prices totaled $5,5 and $33,1, a yearoveryear decline of 3. and.3 per cent. HOUSING MARKET FACTS Total residential inventories increased across each district. However, detached inventory levels are trending down in the city centre, west and east area of the city. Yeartodate detached sales declined by seven per cent. The decrease was caused by slower sales in the North East, North, South and South East areas of the city. Yeartodate apartment sales totaled 1,11 a per cent decline from last year. Unlike the detached, semidetached and row sectors, each district recorded a pullback in apartment sales. Yeartodate, city centre benchmark prices have recorded some of the steepest declines across the city for detached, semidetached, row and apartment style product. *See district map on last page. CALGARY MONTHS OF SUPPLY AND PRICE CHANGES % % 55% 5% 5% % 35% 3% 5% % 15% 1% 5% % 5% 1% 15% % estimated months of supply months of supply trend (1 M) benchmark y/y price change CREB Monthly Statistics City of Calgary 1

3 Summary Stats City of Calgary DETACHED May15 May1 Y/Y % Change 15 1 May 1 Y/Y % Change Total Sales 1,3 1,17 1.5%,85, % Total Sales Volume $738,117,5 $8,191, % $,3,58,538 $,,35,191.% New Listings 1,875 1,85 1.3% 8,9 8,59 3.7% Inventory,93 3,18 3.5%,91, % Months of Supply % % Sales to New Listings Ratio 7.% 5.71%.93% 5.5% 5.57% 1.93% Sales to List Price Ratio 97.59% 97.17%.% 97.1% 9.89%.5% Days on Market % % Benchmark Price $518, $5,5 3.38% $519,7 $53,3 3.1% Median Price $85, $89,9 1.1% $79, $8,.1% Average Price $51,937 $5, % $539, $5, % Index % % APARTMENT Total Sales % 1,381 1,11.8% Total Sales Volume $117,831,55 $85,893,88 7.1% $9,59,55 $33,75,57.5% New Listings % 3,3 3, 1.11% Inventory 1,31 1,8.75% 1,38 1, % Months of Supply % % Sales to New Listings Ratio 58.5%.9% 18.8%.7% 33.71% 9.% Sales to List Price Ratio 97.18% 9.5%.% 97.3% 9.3%.9% Days on Market % % Benchmark Price $95, $78,5 5.59% $9,9 $81,5 5.18% Median Price $8,5 $8,.18% $73, $73,1.3% Average Price $38, $31,31.8% $311,57 $3,158.8% Index % % ATTACHED Total Sales % 1,7 1, % Total Sales Volume $19,81,39 $18,5,719 5.% $71,,57 $9,71, % New Listings % 3,9 3,55.31% Inventory 1,1 1,5 31.1% 1,17 1, 1.1% Months of Supply % % Sales to New Listings Ratio 8.38% 55.19% 13.% 51.75% 3.81% 7.93% Sales to List Price Ratio 97.78% 97.33%.5% 97.% 97.9%.55% Days on Market 3 7.7% % Benchmark Price $37,1 $33,1.3% $37,8 $33,8 3.% Median Price $35,5 $35,5 1.13% $38,9 $35, 1.1% Average Price $1,358 $17, % $,13 $,153.9% Index 197.3% 3.% CITY OF CALGARY Total Sales,18 1,93 1.3% 8,1 7,175 1.% Total Sales Volume $1,,75,51 $95,111,1 9.3% $3,79,518,99 $3,,711,935 9.% New Listings 3,18 3,319.77% 15,55 15,1.98% Inventory 5,393,18 1.% 5,11 5,8 7.95% Months of Supply % % Sales to New Listings Ratio 9.% 57.9% 11.% 51.%.55%.91% Sales to List Price Ratio 97.58% 97.1%.% 97.1% 9.87%.5% Days on Market % % Benchmark Price $57,8 $39,7 3.95% $59,3 $3, 3.5% Median Price $33, $33,.% $3, $5,.7% Average Price $78,85 $9, % $7, $77, % Index % % For a list of definitions, see page. CREB Monthly Statistics City of Calgary

4 Summary Stats City of Calgary May 1 CITY OF CALGARY SEMIDETACHED May15 May1 Y/Y % Change 15 1 Y/Y % Change Total Sales % % Total Sales Volume $98,83,9 $9,19,553.5% $38,3,71 $33,87,5 8.5% Share of Sales with Condo Title 13.% 1.7% 1.7% 1.78% 15.3%.53% New Listings % 1,5 1,7.3% Inventory % % Months of Supply % % Sales to New Listings Ratio.% 3.55%.5% 5.8% 7.%.% Sales to List Price Ratio 97.9% 97.%.73% 97.73% 97.3%.7% Days on Market % 1 7.3% Benchmark Price $39, $383,1.91% $395, $385,88.1% Median Price $17,5 $9,.75% $5, $398, 1.73% Average Price $513,979 $5,19 1.7% $5,71 $88,8 3.9% Index % 1.1% CITY OF CALGARY ROW Total Sales % 1, % Total Sales Volume $9,13,3 $83,8,1 9.% $38,15,98 $9,83, % Share of Sales with Condo Title 95.97% 95.%.95% 97.83% 9.11% 3.7% New Listings % 1,957, % Inventory % % Months of Supply...19% % Sales to New Listings Ratio 71.8% 5.% 1.8% 5.8% 1.% 11.3% Sales to List Price Ratio 97.% 97.5%.15% 97.5% 97.15%.39% Days on Market % 5 5.% Benchmark Price $39,7 $313, 5.% $33,8 $318,3 3.3% Median Price $33, $31,5.% $31,5 $31,5.8% Average Price $337,81 $37,73 3.% $33,79 $33,989.8% Index 19.99% % CITY OF CALGARY ATTACHED Total Sales % 1,7 1, % Total Sales Volume $19,81,39 $18,5,719 5.% $71,,57 $9,71, % Share of sales with condo title 1.7% 59.3% 3.39% 3.8% 59.51%.55% New Listings % 3,9 3,55.31% Inventory 1,1 1,5 31.1% 1,17 1, 1.1% Months of Supply % % Sales to New Listings Ratio 8.38% 55.19% 13.% 51.75% 3.81% 7.93% Sales to List Price Ratio 97.78% 97.33%.5% 97.% 97.9%.55% Days on Market 3 7.7% % Benchmark Price $37,1 $33,1.3% $37,8 $33,8 3.% Median Price $35,5 $35,5 1.13% $38,9 $35, 1.1% Average Price $1,358 $17, % $,13 $,153.9% Index 197.3% 3.% For a list of definitions, see page. CREB Monthly Statistics City of Calgary 3

5 Calgary Districts Yearoveryear benchmark price change Monthovermonth benchmark price change May 1 Sales New Listings Sales to New Listings Ratio Inventory Months of Supply Benchmark Price Detached City Centre % $8,8.55%.7% North East % $389,.9%.15% North % 3. $3,1 1.%.% North West % $53,5 3.3%.% West % 11.9 $89,.33%.% South % $77,8 3.%.5% South East % 7.58 $7,5.%.1% East % 1.7 $35, 3.83% 1.% TOTAL CITY 1,17 1, % 3,18.8 $5,5 3.38%.% Apartment City Centre % $3,1 5.%.5% North East %.9 $1,7.% 1.3% North % $39,9.3% 1.% North West % $5,8 5.78%.53% West % 1.7 $53,8 8.38% 1.8% South % $7, 5.11%.% South East % $, 5.3%.33% East 8 1.9% $3,1 3.1%.81% TOTAL CITY % 1, $78,5 5.59%.8% Semidetached City Centre 89 9.% 3.58 $9,7 3.5%.9% North East % $33,3 3.1% 1.13% North % $3,.5%.77% North West % 5.7 $357, 1.%.9% West 33.7% 5.55 $7,7 3.%.91% South %.13 $33,.97%.78% South East % 5.3 $3,5.51%.7% East % 3. $7,5 5.%.95% TOTAL CITY % $383,1.91%.13% Row City Centre 1 3.% 3.85 $57,8 7.%.87% North East % $,.7% 1.% North 3 5.% $8,.8% 1.1% North West 5 5.% $318,3.93% 1.15% West % 135. $3,.71% 1.% South % $75,3.58%.33% South East % 1.7 $31,5.8%.35% East % 5 5. $19,.78%.95% TOTAL CITY % 97. $313, 5.%.51% *Total city figures can include activity from areas not yet represented by a community / district May 1 CREB Monthly Statistics City of Calgary

6 Price Comparisons May 1 BENCHMARK PRICE MAY 8, 7,, 5,, 3,, 1, Detached Apartment Semi Detached Row Total Residential City Centre North East North North West West South South East East Calgary YEAR OVER YEAR PRICE GROWTH COMPARISON MAY % % % % % 8% 1% Detached Apartment Semi Detached Row Total Residential City Centre North East North North West West South South East East Calgary TYPICAL HOME ATTRIBUTES DETACHED HOMES City Centre North East North North West West South South East East City of Calgary Gross Living Area (Above Ground) 1,13 1,13 1,39 1,5 1,71 1,33 1,85 1, 1,37 Lot Size 5,9,17,371 5,75 5,53 5,187,,7,85 Above Ground Bedrooms Year Built Full Bathrooms Half Bathrooms CREB Monthly Statistics City of Calgary 5

7 District Trends May 1 TOTAL SALES 3,5 MAY 3,,5, 1,5 1, 5 ' '3 ' '5 ' '7 '8 '9 City Centre South East South West North West North North East East '1 '11 '1 '13 '1 TOTAL INVENTORY MAY 1, 1, 8,,,, ' '3 ' '5 ' '7 '8 '9 '1 '11 '1 City Centre South East South West North West North North East East '13 '1 MONTHS OF SUPPLY MAY Detached Apartment Semi Detached Row City Centre South East South West North West North North East East Calgary CREB Monthly Statistics City of Calgary

8 District Graphs TOTAL INVENTORY BY PRICE RANGE MAY 1, TOTAL SALES BY PRICE RANGE MAY May 1 1, 1, <$, $, $99,999 $3, $399,999 $, $99,999 $5, $599,999 $, $99,999 $7, 999,999 $1,,+ City Centre North East North North West West South South East East <$, $, $99,999 $3, $399,999 $, $99,999 $5, $599,999 $, $99,999 $7, 999,999 $1,,+ City Centre North East North North West West South South East East SALES BY PROPERTY TYPE MAY SHARE OF CITY WIDE SALES MAY 1% City Centre North East North North West West South South East East 1% 8% % % % % 19% 33% 1% 11% 13% 1% 19% % 1% 1% 7% 1% 1% 13% 1% 8% 8% 9% 1% 8% 1% 5% 1% 15% 15% 19% 11% 15% 3% City Centre North East North North West West South South East East Detached Apartment Semi Detached Row Detached Apartment Semi Detached Row CREB Monthly Statistics City of Calgary 7

9 City of Calgary Total Residential May 1 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. 15 1/1/15 /1/15 3/1/15 /1/15 5/1/15 /1/15 7/1/15 8/1/15 9/1/15 1/1/15 11/1/15 1/1/15 Sales 877 1,7 1,777 1,93,18,18 1,991 1, 1,9 1, 1, 879 New Listings 3,9,935 3,19 3, 3,18 3,11,988,7 3,95,91,181 1,91 Inventory,79 5,531 5,7 5,37 5,393 5,138 5,13 5,15 5,599 5,1 5,3,3 Days on Market Benchmark Price,,9 58,9 5,7 57,8 59,3 59,1 59,3 59,3 57, 5,8 5,8 Median Price,,, 18, 33, 3, 35,,5 5, 19, 1,575 8, Average Price,,39 73,8 9,57 78,85 83,7 7,5 5,1 58,55 57,591 1,33,7 Index /1/1 /1/1 3/1/1 /1/1 5/1/1 /1/1 7/1/1 8/1/1 9/1/1 1/1/1 11/1/1 1/1/1 Sales 75 1,13 1,589 1,78 1,93 New Listings,7,98 3, 3,17 3,319 Inventory 5,3 5,8,13,51,18 Days on Market Benchmark Price 7,8 5,,8 1, 39,7 Median Price 7,5,, 3, 33, Average Price 5,889 73,9 8, 7,77 9,78 Index 3 May15 May CALGARY TOTAL SALES 5/1/15 5/1/1 5/1/15 5/1/1 >$1, $1, $199, $, $99, ,1 1, $3, $ 39, $35, $399, ,13 1,1 $, $9, , $5, $99, $5, $59, $55, $599, $, $9, $5, $99, $7, $799, $8, $899, $9, $999, $1,, $1,9, $1,5, $1,99, $1,5, $1,79, $1,75, $1,999, $,, $,99, $,5, $,999, $3,, $3,99, $3,5, $3,999, $,, + 1,18 1,93 8,1 7,175 CITY OF CALGARY TOTAL SALES BY PRICE RANGE 3,5 3,,5, 1,5 1, 5 <$, $, $99,999 $3, $399,999 $, $99,999 $5, $599,999 $, $99, MAY $7, 999,999 $1,,+ CREB Monthly Statistics City of Calgary 8

10 CITY OF CALGARY TOTAL SALES 1, 1, 1, 1, 8,,,, MAY City of Calgary Total Residential May 1 CITY OF CALGARY TOTAL NEW LISTINGS MAY 5,, 15, 1, 5, Detached Apartment Semi Detached Row 1 Year Average Detached Apartment Semi Detached Row 1 Year Average CITY OF CALGARY TOTAL INVENTORY AND SALES 7,, 5,, 3,, 1, 5,, 55, 5, 5,, 35, 3, CITY OF CALGARY TOTAL MONTHS OF INVENTORY Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Inventory Sales Benchmark Price Apr. 5, Months of Supply Trended 1 month moving average inventory CITY OF CALGARY TOTAL PRICE CHANGE 1% 1% 1% 8% % % % % % % % 8% Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change CITY OF CALGARY TOTAL PRICES 5, 5, 8,,,,, 38, 3, 3, 3, Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 9

11 City of Calgary Detached May 1 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. 15 1/1/15 /1/15 3/1/15 /1/15 5/1/15 /1/15 7/1/15 8/1/15 9/1/15 1/1/15 11/1/15 1/1/15 Sales ,79 1,15 1,3 1,331 1, New Listings 1,83 1,71 1,77 1,77 1,875 1,83 1,731 1,3 1,78 1,1 1, Inventory,579,977 3,7 3,,93,789,75,833 3,9,91,8,13 Days on Market Benchmark Price 5,9 51, 519,5 517,1 518, 5, 5, 5, 5,5 518,8 515, 51,1 Median Price 8,5 7, 75, 79, 85, 93, 89, 8, 75, 7,5 5, 55, Average Price 55,188 5,33 55,575 55,3 51,937 55, 51,93 53,7 5, ,371 5,11 533,7 Index /1/1 /1/1 3/1/1 /1/1 5/1/1 /1/1 7/1/1 8/1/1 9/1/1 1/1/1 11/1/1 1/1/1 Sales 93 1, 1,13 1,17 New Listings 1,87 1,1 1,819 1,8 1,85 Inventory,537,95 3,9 3,138 3,18 Days on Market Benchmark Price 58, 5, 5, 51,5 5,5 Median Price 58,75 7,5 8, 83, 89,9 Average Price 5,8 51, ,589 5,91 5,195 Index May15 May CALGARY TOTAL SALES 5/1/15 5/1/1 5/1/15 5/1/1 >$1, $1, $199,999 $, $99, $3, $ 39, $35, $399, $, $9, $5, $99, $5, $59, $55, $599, $, $9, $5, $99, $7, $799, $8, $899, $9, $999, $1,, $1,9, $1,5, $1,99, $1,5, $1,79, $1,75, $1,999, $,, $,99, $,5, $,999, $3,, $3,99, $3,5, $3,999, $,, + 1 1,3 1,17,85,51 CITY OF CALGARY DETACHED SALES BY PRICE RANGE,5, 1,5 1, 5 <$, $, $99,999 $3, $399,999 $, $99,999 $5, $599,999 $, $99, MAY $7, 999,999 $1,,+ CREB Monthly Statistics City of Calgary 1

12 CITY OF CALGARY DETACHED SALES MAY City of Calgary Detached May 1 CITY OF CALGARY DETACHED NEW LISTINGS MAY 1, 1, 9, 8, 7,, 1, 1, 1, 5, 8,, 3,, 1,,,, Detached 1 Year Average Detached 1 Year Average CITY OF CALGARY DETACHED INVENTORY AND SALES CITY OF CALGARY DETACHED MONTHS OF INVENTORY 3,5 55, 3,,5, 1,5 1, 5, 515, 51, 55, 5, Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Inventory Sales Benchmark Price Apr. 95, 9, 1 Months of Supply Trended 1 month moving average inventory CITY OF CALGARY DETACHED PRICE CHANGE 15% CITY OF CALGARY DETACHED PRICES, 1% 5% % 5% 57, 5, 7,, 37, 1% Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change 3, Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 11

13 City of Calgary Apartment May 1 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. 15 1/1/15 /1/15 3/1/15 /1/15 5/1/15 /1/15 7/1/15 8/1/15 9/1/15 1/1/15 11/1/15 1/1/15 Sales New Listings Inventory 1,197 1,338 1, 1,37 1,31 1,1 1,5 1,7 1,93 1,3 1,353 1,1 Days on Market Benchmark Price 31, 99,3 95,9 93,3 95, 95, 9,5 95,9 9, 9,3 91,1 88, Median Price 9, 7,5 71,5 7,75 8,5 75, 8,5, 5, 8, 7,5 87, Average Price 3, 37, 3,7 3,175 38, 3,51 311,31 95,7 9,71 318,1 99,858 35,1 Index /1/1 /1/1 3/1/1 /1/1 5/1/1 /1/1 7/1/1 8/1/1 9/1/1 1/1/1 11/1/1 1/1/1 Sales New Listings Inventory 1,5 1,39 1,531 1,585 1,8 Days on Market Benchmark Price 83,8 83, 81,3 8, 78,5 Median Price 51, 8, 7, 78,75 8, Average Price 8,88 37,1 98,7 3,913 31,31 Index May15 May CALGARY TOTAL SALES 5/1/15 5/1/1 5/1/15 5/1/1 >$1, $1, $199, $, $99, $3, $ 39, $35, $399, $, $9, $5, $99, $5, $59, $55, $599, $, $9, $5, $99,999 $7, $799, $8, $899,999 3 $9, $999,999 3 $1,, $1,9,999 $1,5, $1,99, $1,5, $1,79,999 1 $1,75, $1,999,999 $,, $,99,999 1 $,5, $,999, $3,, $3,99,999 $3,5, $3,999, $,, ,381 1,11 CITY OF CALGARY APARTMENT SALES BY PRICE RANGE 1, 1, 8 <$, $, $99,999 $3, $399,999 $, $99,999 $5, $599, $, $99,999 MAY $7, 999,999 $1,,+ CREB Monthly Statistics City of Calgary 1

14 CITY OF CALGARY APARTMENT SALES MAY City of Calgary Apartment May 1 CITY OF CALGARY APARTMENT NEW LISTINGS MAY 3, 5,,5,5,, 3,5 3, 1,5,5 1,, 1,5 5 1, Apartment 1 Year Average Apartment 1 Year Average CITY OF CALGARY APARTMENT INVENTORY AND SALES 1,8 3, CITY OF CALGARY APARTMENT MONTHS OF INVENTORY 1 1, 1, 1, 1, 8 Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Inventory Sales Benchmark Price Apr. 95, 9, 85, 8, 75, 7, 5, 1 8 Months of Supply Trended 1 month moving average inventory CITY OF CALGARY APARTMENT PRICE CHANGE 5% % 15% 1% 5% % 5% 1% 15% % Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change CITY OF CALGARY APARTMENT PRICES 3, 3, 3, 3, 8,,,,, Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 13

15 City of Calgary SemiDetached May 1 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. 15 1/1/15 /1/15 3/1/15 /1/15 5/1/15 /1/15 7/1/15 8/1/15 9/1/15 1/1/15 11/1/15 1/1/15 Sales New Listings Inventory Days on Market Benchmark Price 39,7 39,5 39,8 39, 39, 39,7 397,7 398,1 398,1 39, 39, 393,1 Median Price 38, 17,5 3,75 39,75 17,5 1,75 1, 19,579 3,5 39,5 378, 39,5 Average Price 83,77 53,7 51,35 99,75 513,979 5,993 51,395 93,85 51,515 7,3 81,18 9,17 Index /1/1 /1/1 3/1/1 /1/1 5/1/1 /1/1 7/1/1 8/1/1 9/1/1 1/1/1 11/1/1 1/1/1 Sales New Listings Inventory Days on Market Benchmark Price 39, 38,9 385, 383, 383,1 Median Price 377, 3,5 39, 1, 9, Average Price 78,79 9,83 5,81 9,71 5,19 Index May15 May CALGARY TOTAL SALES 5/1/15 5/1/1 5/1/15 5/1/1 >$1, $1, $199, $, $99, $3, $ 39, $35, $399, $, $9, $5, $99, $5, $59, $55, $599, $, $9, $5, $99, $7, $799, $8, $899, $9, $999, $1,, $1,9, $1,5, $1,99, $1,5, $1,79,999 $1,75, $1,999,999 $,, $,99,999 $,5, $,999,999 $3,, $3,99,999 $3,5, $3,999,999 $,, CITY OF CALGARY SEMIDETACHED SALES BY PRICE RANGE <$, $, $99,999 $3, $399,999 $, $99,999 $5, $599, $, $99,999 MAY $7, 999,999 $1,,+ CREB Monthly Statistics City of Calgary 1

16 CITY OF CALGARY SEMIDET. SALES 1, 1, 8 MAY City of Calgary SemiDetached May 1 CITY OF CALGARY SEMIDET. NEW LISTINGS MAY 1,8 1, 1, 1, 1, Semi Detached 1 Year Average Semi Detached 1 Year Average CITY OF CALGARY SEMIDET. INVENTORY AND SALES CITY OF CALGARY SEMIDET. MONTHS OF INVENTORY Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Inventory Sales Benchmark Price Apr., 395, 39, 385, 38, 375, Months of Supply Trended 1 month moving average inventory CITY OF CALGARY SEMIDET. PRICE CHANGE 5% % 3% % 1% % 1% % 3% Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change CITY OF CALGARY SEMIDET. PRICES 5,, 55, 5, 5,, 35, 3, 5, Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 15

17 City of Calgary Row May 1 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. 15 1/1/15 /1/15 3/1/15 /1/15 5/1/15 /1/15 7/1/15 8/1/15 9/1/15 1/1/15 11/1/15 1/1/15 Sales New Listings Inventory Days on Market Benchmark Price 33,5 33, 331,1 39,5 39,7 33,1 38, 38,7 39,8 38,7 37,3 35, Median Price 3, 315, 35, 3, 33, 3, 33, 33, 317,5 31, 319,9 313, Average Price 3,87 33,111 33,75 338,7 337,81 39,59 38,3 3,37 38,9 33,95 331,7 3,7 Index /1/1 /1/1 3/1/1 /1/1 5/1/1 /1/1 7/1/1 8/1/1 9/1/1 1/1/1 11/1/1 1/1/1 Sales New Listings Inventory Days on Market Benchmark Price 33,8 31, 318,5 31,8 313, Median Price 315, 315, 39, 31, 31,5 Average Price 3,7 3,3 37,9 35,3 37,73 Index May15 May CALGARY TOTAL SALES 5/1/15 5/1/1 5/1/15 5/1/1 >$1, $1, $199, $, $99, $3, $ 39, $35, $399, $, $9, $5, $99, $5, $59, $55, $599, $, $9, $5, $99, $7, $799, $8, $899, $9, $999, $1,, $1,9,999 1 $1,5, $1,99,999 $1,5, $1,79,999 $1,75, $1,999,999 $,, $,99,999 $,5, $,999,999 $3,, $3,99,999 $3,5, $3,999,999 $,, ,3 89 CITY OF CALGARY ROW SALES BY PRICE RANGE <$, $, $99,999 $3, $399,999 $, $99,999 $5, $599,999 $, $99, MAY $7, 999,999 $1,,+ CREB Monthly Statistics City of Calgary 1

18 CITY OF CALGARY ROW SALES MAY City of Calgary Row May 1 CITY OF CALGARY ROW NEW LISTINGS MAY, 3, 1,8 1,,5 1, 1,, 1, 1,5 8 1, Row 1 Year Average Row 1 Year Average CITY OF CALGARY ROW INVENTORY AND SALES 1, 335, CITY OF CALGARY ROW MONTHS OF INVENTORY 8 1, 8 Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Inventory Sales Benchmark Price Apr. 33, 35, 3, 315, 31, 35, 3, Months of Supply Trended 1 month moving average inventory CITY OF CALGARY ROW PRICE CHANGE 5% % 15% 1% 5% % 5% 1% 15% Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change CITY OF CALGARY ROW PRICES, 38, 3, 3, 3, 3, 8,,,,, Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 17

19 CITY CENTRE CITY CENTRE TOTAL SALES 3,,5, 1,5 1, CITY CENTCITY CENTCITY CENTCITY CENTCITY CENTCITY CENTRE PRICES Detached Apartment Semi Detached MAY 15 1 Row 1 Year Average CITY CENTRE TOTAL SALES BY PRICE RANGE City of Calgary May 1 MAY CITY CENTRE INVENTORY AND SALES CITY CENTRE MONTHS OF INVENTORY, 1,8 1, 1, 1, 1, 8 Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Inventory Sales Benchmark Price Apr. 535, 53, 55, 5, 515, 51, 55, 5, 95, 9, Months of Supply Trended 1month moving average CITY CENTRE PRICE CHANGE 3% 5% % 15% 1% 5% % 5% 1% 15% Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change CITY CENTRE PRICES 9, 8, 7,, 5,, 3,, 1, Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 18

20 City of Calgary NORTHEAST NORTHEANORTHEANORTHEANORTHEANORTHEANORTHEAST PRICES NORTHEAST TOTAL SALES MAY,5 7 NORTHEAST TOTAL SALES BY PRICE RANGE May 1 MAY, 1,5 1, Detached Apartment Semi Detached 15 1 Row 1 Year Average NORTHEAST INVENTORY AND SALES NORTHEAST MONTHS OF INVENTORY 38, 5 375, 5 37, 3 35, 3 3, 1 355, 1 Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Inventory Sales Benchmark Price Apr. 35, Months of Supply Trended 1month moving average NORTHEAST PRICE CHANGE 3% 5% % 15% 1% 5% % 5% 1% 15% Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change NORTHEAST PRICES 5,, 35, 3, 5,, 15, 1, Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 19

21 City of Calgary NORTH NORTH TONORTH TONORTH INNORTH MNORTH P NORTH PRICES NORTH TOTAL SALES 1,8 1, 1, MAY 5 NORTH TOTAL SALES BY PRICE RANGE May 1 MAY 1, 1, Detached Apartment Semi Detached 15 1 Row 1 Year Average NORTH INVENTORY AND SALES NORTH MONTHS OF INVENTORY 7, , 1, 5,, 395, Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Inventory Sales Benchmark Price Apr. 39, Months of Supply Trended 1month moving average NORTH PRICE CHANGE 5% % 15% 1% 5% % 5% 1% 15% Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change NORTH PRICES 5, 5,, 35, 3, 5,, 15, 1, Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics

22 City of Calgary NORTHWEST NORTHWEST TOTAL SALES,5, 1,5 1, NORTHWNORTHWNORTHWNORTHWNORTHWNORTHWEST PRICES Detached Apartment Semi Detached MAY 15 1 Row 1 Year Average NORTHWEST TOTAL SALES BY PRICE RANGE May 1 MAY NORTHWEST INVENTORY AND SALES , 5, 95, 9, 85, 8, 75, 7, NORTHWEST MONTHS OF INVENTORY Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Inventory Sales Benchmark Price Apr. 5, Months of Supply Trended 1month moving average NORTHWEST PRICE CHANGE % 15% 1% 5% % 5% 1% 15% Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change NORTHWEST PRICES 7,, 5,, 3,, 1, Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 1

23 City of Calgary WEST WEST TOTWEST TOTWEST INVWEST MOWEST PRIWEST PRICES WEST TOTAL SALES 1, 1, 1, 1, MAY 3 5 WEST TOTAL SALES BY PRICE RANGE May 1 MAY Detached Apartment Semi Detached 15 1 Row 1 Year Average WEST INVENTORY AND SALES WEST MONTHS OF INVENTORY Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Inventory Sales Benchmark Price Apr. 575, 57, 55, 5, 555, 55, 55, 5, 535, 53, 55, 5, Months of Supply Trended 1month moving average WEST PRICE CHANGE 5% % 15% 1% 5% % 5% 1% 15% Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change WEST PRICES 8, 7,, 5,, 3,, 1, Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics

24 City of Calgary SOUTH SOUTH TOSOUTH TOSOUTH INSOUTH MSOUTH PRSOUTH PRICES SOUTH TOTAL SALES MAY 3, 7 SOUTH TOTAL SALES BY PRICE RANGE May 1 MAY,5, 1,5 1, Detached Apartment Semi Detached 15 1 Row 1 Year Average SOUTH INVENTORY AND SALES SOUTH MONTHS OF INVENTORY 1, 1, 8 Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Inventory Sales Benchmark Price Apr., 35, 3, 5,, 15, 1, 5, Months of Supply Trended 1month moving average SOUTH PRICE CHANGE % 15% 1% 5% % 5% 1% 15% Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change SOUTH PRICES 55, 5, 5,, 35, 3, 5,, 15, 1, Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 3

25 City of Calgary SOUTHEAST SOUTHEASOUTHEASOUTHEASOUTHEASOUTHEASOUTHEAST PRICES SOUTHEAST TOTAL SALES 1, 1, 1, 1, MAY 5 SOUTHEAST TOTAL SALES BY PRICE RANGE May 1 MAY Detached Apartment Semi Detached 15 1 Row 1 Year Average SOUTHEAST INVENTORY AND SALES SOUTHEAST MONTHS OF INVENTORY Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Inventory Sales Benchmark Price Apr., 55, 5, 5,, 35, 3, 5,, 15, 1, Months of Supply Trended 1month moving average SOUTHEAST PRICE CHANGE 3% 5% % 15% 1% 5% % 5% 1% 15% Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change SOUTHEAST PRICES 5, 5,, 35, 3, 5,, 15, 1, Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics

26 City of Calgary EAST EAST TOTAL SALES EAST TOTEAST TOTEAST INV EAST MO EAST PRICEAST PRICES Detached Apartment Semi Detached MAY 15 1 Row 1 Year Average EAST TOTAL SALES BY PRICE RANGE May 1 MAY EAST INVENTORY AND SALES , 335, 33, 35, 3, 315, 31, EAST MONTHS OF INVENTORY Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Inventory Sales Benchmark Price Apr. 35, Months of Supply Trended 1month moving average EAST PRICE CHANGE 5% % 15% 1% 5% % 5% 1% 15% % Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change EAST PRICES, 35, 3, 5,, 15, 1, Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 5

27 CREB Definitions May 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 5 price level. Absorption Rate Refers to the ratio between the amount of sales occurring in the market relative to the amount of inventory. Months of Supply Refers to the ratio between Inventory and sales which represents at the current pace of sales how long it would take to clear existing inventory. Detached A unit that is not attached to any other unit. Semidetached A single dwelling built as one of a pair that share 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 semidetached properties. Apartment A unit within a high rise or low rise condominium building 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 multipleunit sales, rental, land or leased properties. ABOUT CREB CREB is a professional body of more than 5,1 licensed brokers and registered associates, representing 5 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. CREB Monthly Statistics City of Calgary