Weak sales persist in Calgary and beyond Jun. 2018
|
|
- Dominic Arnold
- 5 years ago
- Views:
Transcription
1 June 218
2 MONTHLY STATISTICS PACKAGE City of Calgary Weak sales persist in Calgary and beyond 218 City of Calgary, July 3, 218 Many Canadian energyrelated municipalities within Alberta and Saskatchewan have seen housing markets struggle over the past few years, resulting in price declines. The recent mortgage rule changes and higher lending rates are factors weighing on demand and prices across some of those areas. While our economy is no longer in a recession, persistently high unemployment rates, concerns over longterm growth, rising lending costs and stricter qualifications are all weighing on the housing demand, said CREB chief economist AnnMarie Lurie. Growth in new listings is starting to ease for some property types, but it is not enough to prevent continued supply growth and, ultimately, an oversupplied housing market. Weak sales activity in Calgary continued into June, as residential sales for the month totaled 1,896 units. This is 11 per cent below last year and 12 per cent below longterm averages. New listings continued to rise, with further inventory gains and months of supply now at 4.7 months. High inventories in comparison to sales have generated more widespread buyers market conditions, causing downward pressure on prices. The citywide benchmark price in June totaled $436,5. This is just below last month and 1.13 per cent below last year s levels. The detached segment of the market accounts for over 6 per cent of overall sales activity and makes up over 54 per cent of the inventory, with 4,817 units as of June. While sales have fallen and inventory has been rising across most price ranges, inventory levels for homes priced under $5, remain well below peak levels. In any market it s extremely important to be wellinformed, whether it s about the process to get preapproved for a mortgage or having the most uptodate information about the prices in the community you are buying or selling in, said CREB president Tom Westcott. MONTHS OF SUPPLY AND PRICE CHANGES HOUSING MARKET FACTS Detached sales eased while new listings rose across most districts in the city after the first half of the year, keeping inventories elevated. The quarterly average months of supply increase compared to last year across all districts, keeping most areas in buyers market territory for the second quarter. As of the second quarter, detached benchmark prices totaled $54,33. This is just above the previous quarter, but.41% below last year s levels. North East, North, North West and South districts recorded yearoveryear quarterly price declines. However, only the North East district saw prices slip further over level recorded in the first quarter of this year. After the first half of the year, apartment sales totaled 1,396 units. This is nearly nine per cent below last year and 24 per cent below longterm averages. Easing sales were met with a decline in listings, helping to limit further growth in inventory levels. As of June, there were 1,872 apartment units in inventory, causing the months of supply to ease, averaging 6.8 months for the quarter. While most areas of the city are struggling with oversupply, there does appear to be some improvements. While remaining far from longterm averages, In the second quarter the months of supply edged down over first quarter levels in the city Centre, North, North West, West, South and East districts. The easing of the oversupply in most districts helped prevent further declines in quarterly benchmark prices. However, overall second quarter prices remain over three per cent below last year s levels, and nearly 14 per cent below the quarterly high. Yeartodate sales activity fell for both semidetached and row product across most districts, but new listings remained similar to last year in the row sector, while increasing by 22 per cent for semidetached property types. This resulted in stronger inventory gains in the semidetached market and pushed up the quarterly months of supply to above five months While row product did not see the same recent increase in inventory, gains in the previous quarters have not eased, causing the second quarter months of supply to total This is similar to last quarter and above the second quarter of 217 figure of Semidetached and row benchmark prices averaged $419, and $31,833 in the second quarter. Row prices were nearly 2 per cent higher than the previous quarter and nearly three per cent above last year s levels. Meanwhile, semidetached prices were similar to the first quarter, but over two per cent below 217 levels. While some easing in the semidetached market has occurred, quarterly prices are only two per cent below quarterly highs compared to the row sector which remains over 8 per cent below quarterly highs. DETACHED 2% Months of Supply Trended Y/Y Benchmark Price Change 6% 5% 4% 3% 2% 1% % 1% CREB Monthly Statistics City of Calgary 2
3 Summary Stats City of Calgary DETACHED Jun17 Jun18 Y/Y % Change % Change Total Sales 1,381 1, % 6,521 5, % Total Sales Volume $786,924,63 $693,846, % $3,7,336,513 $2,982,424, % New Listings 2,165 2, % 1,582 11, % Inventory 3,227 4, % 2,484 3, % Months of Supply % % Sales to New Listings Ratio 63.79% 52.49% 11.29% 61.62% 46.1% 15.61% Sales to List Price Ratio 97.99% 97.4%.95% 97.66% 97.31%.36% Days on Market % % Benchmark Price $59,4 $53,1 1.24% $52,783 $53,17.5% Median Price $513, $495, 3.51% $5, $495, 1.% Average Price $569,822 $573,427.63% $567,449 $567,324.2% Index % % APARTMENT Total Sales % 1,532 1, % Total Sales Volume $91,828,784 $84,78, % $461,185,872 $414,47, % New Listings % 4,12 4, % Inventory 1,871 1,872.5% 1,59 1, % Months of Supply % % Sales to New Listings Ratio 38.96% 44.18% 5.22% 37.18% 34.78% 2.41% Sales to List Price Ratio 96.53% 95.63%.9% 96.45% 96.11%.35% Days on Market % % Benchmark Price $265,8 $259,1 2.52% $265,15 $256,95 3.9% Median Price $274, $26,5 4.93% $265, $255, % Average Price $323,341 $29, % $31,35 $296, % Index % % ATTACHED Total Sales % 2,265 1, % Total Sales Volume $191,145,38 $157,64, % $925,59,186 $769,486, % New Listings % 4,292 4, % Inventory 1,571 2, % 1,282 1, % Months of Supply % % Sales to New Listings Ratio 54.83% 43.63% 11.2% 52.77% 4.71% 12.6% Sales to List Price Ratio 97.48% 97.34%.14% 97.38% 97.33%.6% Days on Market % % Benchmark Price $334,5 $332,8.51% $33,283 $33,633.11% Median Price $335, $345,5 3.13% $343,5 $343,75.7% Average Price $45,829 $4, % $48,613 $44,993.89% Index % % CITY OF CALGARY Total Sales 2,136 1, % 1,318 8, % Total Sales Volume $1,69,898,722 $936,231, % $5,87,31,572 $4,166,319, % New Listings 3,753 3, % 18,994 2, % Inventory 6,669 8, % 5,356 6, % Months of Supply % % Sales to New Listings Ratio 56.91% 49.% 7.91% 54.32% 42.54% 11.78% Sales to List Price Ratio 97.77% 96.96%.81% 97.5% 97.19%.31% Days on Market % % Benchmark Price $441,5 $436,5 1.13% $436,25 $435,35.21% Median Price $452,5 $433, % $44, $43, 2.27% Average Price $5,889 $493, % $493,25 $487, % Index % % For a list of definitions, see page 26. CREB Monthly Statistics City of Calgary 3
4 Summary Stats City of Calgary 218 Jun17 Jun18 Y/Y % Change % Change CITY OF CALGARY SEMIDETACHED Total Sales % % Total Sales Volume $98,4,834 $9,763, % $496,93,812 $423,598, % Share of Sales with Condo Title 15.71% 18.58% 2.87% 14.72% 16.39% 1.67% New Listings % 1,676 2, % Inventory % % Months of Supply % % Sales to New Listings Ratio 56.18% 44.63% 11.54% 59.7% 41.17% 17.9% Sales to List Price Ratio 97.56% 97.57%.% 97.53% 97.51%.2% Days on Market % % Benchmark Price $432,1 $418, 3.26% $422,333 $418,4.93% Median Price $4, $48,18 2.5% $45, $411, 1.48% Average Price $513,114 $495, % $51,15 $53,86.4% Index % % CITY OF CALGARY ROW Total Sales % 1,275 1, % Total Sales Volume $93,14,474 $66,84, % $429,415,374 $345,888, % Share of Sales with Condo Title 95.36% 94.31% 1.4% 95.34% 93.46% 1.88% New Listings % 2,616 2,622.23% Inventory 1,12 1, % % Months of Supply % % Sales to New Listings Ratio 53.95% 42.8% 11.15% 48.74% 4.35% 8.39% Sales to List Price Ratio 97.39% 97.4%.35% 97.21% 97.11%.11% Days on Market % % Benchmark Price $294, $32,3 2.82% $294,433 $299,2 1.62% Median Price $31, $293,5 5.32% $39, $3, 2.91% Average Price $332,645 $316, % $336,796 $326, % Index % % CITY OF CALGARY ATTACHED Total Sales % 2,265 1, % Total Sales Volume $191,145,38 $157,64, % $925,59,186 $769,486, % Share of Sales with Condo Title 63.6% 59.14% 6.22% 6.27% 59.31% 1.59% New Listings % 4,292 4, % Inventory 1,571 2, % 1,282 1, % Months of Supply % % Sales to New Listings Ratio 54.83% 43.63% 11.2% 52.77% 4.71% 12.6% Sales to List Price Ratio 97.48% 97.34%.14% 97.38% 97.33%.6% Days on Market % % Benchmark Price $334,5 $332,8.51% $33,283 $33,633.11% Median Price $335, $345,5 3.13% $343,5 $343,75.7% Average Price $45,829 $4, % $48,613 $44,993.89% Index % % For a list of definitions, see page 26. CREB Monthly Statistics City of Calgary 4
5 Calgary Districts Yearoveryear benchmark price change Monthovermonth benchmark price change June 218 Sales New Listings Sales to New Listings Ratio Inventory Months of Supply Benchmark Price Detached City Centre % $69,5.63%.75% North East % $376,1 2.69%.83% North % $432,9 2.83%.12% North West % $536,3 2.53% 1.42% West % $738,6.63%.16% South % $474,2 1.31%.% South East % $449,5.9%.86% East % $354,2.28%.4% TOTAL CITY 1,21 2, % 4, $53,1 1.24%.28% Apartment City Centre % $287,4 1.51% 1.95% North East % $22,1 6.34% 3.76% North % $28,5 4.66%.58% North West % $239,7 3.7% 1.24% West % $246,9 3.44% 1.4% South % $226,6 3.53%.49% South East % $249,8 1.38% 4.34% East % $182,8 8.5% 3.28% TOTAL CITY % 1, $259,1 2.52% 1.13% Semidetached City Centre % $765,9 2.68%.62% North East % $299,9 6.84%.71% North % $316,8 1.28%.32% North West % $389,8 7.34%.64% West % $52,1 2.16%.27% South % $339, 8.24%.15% South East % $32,6 3.58%.65% East % $299,9.43%.87% TOTAL CITY % $418, 3.26%.24% Row City Centre % $474,5.57%.34% North East % $197,9 9.92% 1.35% North % $261,2 2.59%.76% North West % $317,6 1.53% 1.44% West % $347,1 1.5%.46% South % $263,1 3.34% 1.2% South East % $298,1.23%.6% East % $172,4 6.3% 2.21% TOTAL CITY % 1, $32,3 2.82%.3% *Total city figures can include activity from areas not yet represented by a community / district 218 CREB Monthly Statistics City of Calgary 5
6 District Trends 218 TOTAL SALES 3, JUNE 2,5 2, 1,5 1, 5 '4 '5 '6 '7 '8 '9 '1 City Centre South East South West North West North North East East '11 '12 '13 '14 '15 '16 TOTAL INVENTORY JUNE 1, 9, 8, 7, 6, 5, 4, 3, 2, 1, '4 '5 '6 '7 '8 '9 '1 '11 '12 '13 '14 City Centre South East South West North West North North East East '15 '16 MONTHS OF SUPPLY JUNE Detached Apartment Semi Detached Row City Centre South East South West North West North North East East Calgary CREB Monthly Statistics City of Calgary 6
7 Price Comparisons 218 BENCHMARK PRICE JUNE 9, 8, 7, 6, 5, 4, 3, 2, 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 JUNE 1% 8% 6% 4% 2% % 2% 4% 6% 8% 1% 12% 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) 1,233 1,17 1,338 1,51 1,73 1,365 1,468 1,91 1,341 Lot Size 5,528 4,7 4,396 5,328 5,625 5,242 4,273 4,85 4,98 Above Ground Bedrooms Year Built Full Bathrooms Half Bathrooms CREB Monthly Statistics City of Calgary 7
8 District Graphs TOTAL INVENTORY BY PRICE RANGE JUNE 2, 1,8 1,6 1,4 1,2 1, <$2, $2, $299,999 $3, $399,999 $4, $499,999 $5, $599,999 $6, $699,999 $7, 999,999 $1,,+ City Centre North East North North West West South South East East TOTAL SALES BY PRICE RANGE JUNE <$2, $2, $299,999 $3, $399,999 $4, $499,999 $5, $599,999 $6, $699,999 $7, 999, $1,,+ City Centre North East North North West West South South East East SALES BY PROPERTY TYPE JUNE 4 SHARE OF CITY WIDE SALES JUNE 12% City Centre North East North North West West South South East East 1% 8% 6% 4% 2% % 12% 32% 19% 15% 13% 16% 5% 12% 9% 13% 15% 1% 13% 9% 12% 7% 1% 7% 6% 9% 4% 12% 11% 13% 19% 14% 11% 16% 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 8
9 City of Calgary Total Residential 218 Jan. Feb. Mar. Apr. May Jul. Aug. Sept. Oct. Nov. Dec /1/17 2/1/17 3/1/17 4/1/17 5/1/17 6/1/17 7/1/17 8/1/17 9/1/17 1/1/17 11/1/17 12/1/17 Sales 943 1,334 1,89 1,9 2,115 2,136 1,625 1,595 1,46 1,467 1,411 1,9 New Listings 2,383 2,459 3,24 3,295 3,864 3,753 2,978 3,4 3,263 2,68 2,61 1,221 Inventory 4,11 4,52 5,124 5,518 6,213 6,669 6,696 6,619 6,882 6,479 5,683 4,322 Days on Market Benchmark Price 433,4 433,4 434,3 435,6 439,3 441,5 443,6 442,3 441,5 438,9 436,7 433,2 Median Price 425, 428, 435, 445, 448, 452,5 425, 428, 423, 415, 412, 41, Average Price 467,59 48,786 49,98 495,2 54,23 5, , ,28 485,41 475,97 462,48 453,239 Index /1/18 2/1/18 3/1/18 4/1/18 5/1/18 6/1/18 7/1/18 8/1/18 9/1/18 1/1/18 11/1/18 12/1/18 Sales 959 1,89 1,371 1,514 1,724 1,896 New Listings 2,456 2,44 3,445 3,565 4,368 3,869 Inventory 4,64 5,28 6,39 7,335 8,458 8,82 Days on Market Benchmark Price 432,3 434,3 435,6 436,5 436,9 436,5 Median Price 415, 425, 439, 431, 427,75 433,25 Average Price 468,23 493,8 495,41 478, , ,793 Index Jun17 Jun CALGARY TOTAL SALES 6/1/17 6/1/18 6/1/17 6/1/18 >$1, 1 4 $1, $199, $2, $299, ,38 1,181 $3, $ 349, ,58 96 $35, $399, ,26 1,31 $4, $449, ,233 1,83 $45, $499, , $5, $549, $55, $599, $6, $649, $65, $699, $7, $799, $8, $899, $9, $999, $1,, $1,249, $1,25, $1,499, $1,5, $1,749, $1,75, $1,999, $2,, $2,499, $2,5, $2,999, $3,, $3,499, $3,5, $3,999, $4,, ,136 1,896 1,318 8,553 CITY OF CALGARY TOTAL SALES BY PRICE RANGE 3, 2,5 2, 1,5 1, 5 <$2, $2, $299,999 $3, $399,999 $4, $499,999 $5, $599,999 $6, $699, JUNE $7, 999,999 $1,,+ CREB Monthly Statistics City of Calgary 9
10 City of Calgary Detached 218 Jan. Feb. Mar. Apr. May Jul. Aug. Sept. Oct. Nov. Dec /1/17 2/1/17 3/1/17 4/1/17 5/1/17 6/1/17 7/1/17 8/1/17 9/1/17 1/1/17 11/1/17 12/1/17 Sales ,171 1,192 1,374 1,381 1, New Listings 1,228 1,293 1,796 1,861 2,239 2,165 1,688 1,674 1,87 1,484 1, Inventory 1,848 1,995 2,324 2,543 2,966 3,227 3,28 3,277 3,494 3,257 2,765 2,4 Days on Market Benchmark Price 498,7 499,2 5,4 52,3 56,7 59,4 512,1 51,9 58,9 56,2 54, 499,6 Median Price 485, 492,25 49, 52,25 51, 513, 495, 491, 482,5 474, 465, 462, Average Price 545, , , ,626 58,59 569, ,43 552,7 556, , , ,751 Index /1/18 2/1/18 3/1/18 4/1/18 5/1/18 6/1/18 7/1/18 8/1/18 9/1/18 1/1/18 11/1/18 12/1/18 Sales ,58 1,21 New Listings 1,288 1,295 1,87 2,6 2,662 2,35 Inventory 2,2 2,459 3,79 3,653 4,56 4,817 Days on Market Benchmark Price 499,4 52,8 53,8 54,5 54,5 53,1 Median Price 474, 497, 59,45 495, 5, 495, Average Price 545, , , ,84 573,64 573,427 Index Jun17 Jun CALGARY TOTAL SALES 6/1/17 6/1/18 6/1/17 6/1/18 >$1, $1, $199, $2, $299, $3, $ 349, $35, $399, $4, $449, $45, $499, $5, $549, $55, $599, $6, $649, $65, $699, $7, $799, $8, $899, $9, $999, $1,, $1,249, $1,25, $1,499, $1,5, $1,749, $1,75, $1,999, $2,, $2,499, $2,5, $2,999, $3,, $3,499, $3,5, $3,999, $4,, + 1 1,381 1,21 6,521 5,257 CITY OF CALGARY DETACHED SALES BY PRICE RANGE 2,5 2, 1,5 1, 5 <$2, $2, $299,999 $3, $399,999 $4, $499,999 $5, $599,999 $6, $699, JUNE $7, 999,999 $1,,+ CREB Monthly Statistics City of Calgary 11
11 CITY OF CALGARY DETACHED SALES JUNE CITY OF CALGARY DETACHED NEW LISTINGS City of Calgary Detached 218 JUNE 9, 18, 8, 16, 7, 14, 6, 12, 5, 1, 4, 8, 3, 6, 2, 4, 1, 2, Detached 1 Year Average Detached 1 Year Average CITY OF CALGARY DETACHED INVENTORY AND SALES CITY OF CALGARY DETACHED MONTHS OF INVENTORY 6, 515, 6 5, 4, 3, 2, 1, Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. Inventory Sales Benchmark Price May. 51, 55, 5, 495, 49, Months of Supply Trended 12 month moving average inventory CITY OF CALGARY DETACHED PRICE CHANGE 15% CITY OF CALGARY DETACHED PRICES 62, 1% 57, 5% 52, % 47, 5% 42, 1% 37, 15% Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change 32, Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 12
12 City of Calgary Apartment 218 Jan. Feb. Mar. Apr. May Jul. Aug. Sept. Oct. Nov. Dec /1/17 2/1/17 3/1/17 4/1/17 5/1/17 6/1/17 7/1/17 8/1/17 9/1/17 1/1/17 11/1/17 12/1/17 Sales New Listings Inventory 1,266 1,39 1,578 1,653 1,781 1,871 1,813 1,767 1,774 1,64 1,495 1,183 Days on Market Benchmark Price 265, 264,3 264,9 264,3 266,6 265,8 266,2 263,3 263,7 261,6 258,3 257,7 Median Price 258,5 275, 251,5 267, 27, 274, 257,75 255, 247,5 256, 251, 25, Average Price 282, ,498 28,13 33, , , , , ,796 29,16 277, ,34 Index /1/18 2/1/18 3/1/18 4/1/18 5/1/18 6/1/18 7/1/18 8/1/18 9/1/18 1/1/18 11/1/18 12/1/18 Sales New Listings Inventory 1,29 1,436 1,695 1,853 1,923 1,872 Days on Market Benchmark Price 256,2 256,4 257,1 256,7 256,2 259,1 Median Price 255, 27, 252,5 255, 25, 26,5 Average Price 298, ,95 3,5 286, ,715 29,344 Index Jun17 Jun CALGARY TOTAL SALES 6/1/17 6/1/18 6/1/17 6/1/18 >$1, 1 4 $1, $199, $2, $299, $3, $ 349, $35, $399, $4, $449, $45, $499, $5, $549, $55, $599, $6, $649, $65, $699, $7, $799, $8, $899, $9, $999, $1,, $1,249, $1,25, $1,499, $1,5, $1,749,999 3 $1,75, $1,999, $2,, $2,499, $2,5, $2,999,999 1 $3,, $3,499,999 $3,5, $3,999,999 $4,, ,532 1,396 CITY OF CALGARY APARTMENT SALES BY PRICE RANGE 1, <$2, $2, $299,999 $3, $399,999 $4, $499,999 $5, $599, $6, $699,999 JUNE $7, 999,999 $1,,+ CREB Monthly Statistics City of Calgary 13
13 CITY OF CALGARY APARTMENT SALES 3, JUNE City of Calgary CITY OF CALGARY APARTMENT NEW LISTINGS Apartment 218 JUNE 6, 2,5 5, 2, 4, 1,5 3, 1, 2, 5 1, Apartment 1 Year Average Apartment 1 Year Average CITY OF CALGARY APARTMENT INVENTORY AND SALES 2,5 268, CITY OF CALGARY APARTMENT MONTHS OF INVENTORY 12 2, 1,5 1, 5 Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. Inventory Sales Benchmark Price May. 266, 264, 262, 26, 258, 256, 254, 252, 25, Months of Supply Trended 12 month moving average inventory CITY OF CALGARY APARTMENT PRICE CHANGE 2% 15% 1% 5% % 5% 1% 15% 2% 25% Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change CITY OF CALGARY APARTMENT PRICES 36, 34, 32, 3, 28, 26, 24, 22, 2, Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 14
14 City of Calgary SemiDetached 218 Jan. Feb. Mar. Apr. May Jul. Aug. Sept. Oct. Nov. Dec /1/17 2/1/17 3/1/17 4/1/17 5/1/17 6/1/17 7/1/17 8/1/17 9/1/17 1/1/17 11/1/17 12/1/17 Sales New Listings Inventory Days on Market Benchmark Price 46,8 418,6 423,4 425,2 427,9 432,1 42,8 419,6 419,4 419, 417,8 416,6 Median Price 375, 386, ,5 436,75 45,25 4, 395, 396, 423, 39, 396, 45,5 Average Price 482,59 477, ,47 522,43 495,85 513,114 51, ,421 55,21 49,552 58, ,219 Index /1/18 2/1/18 3/1/18 4/1/18 5/1/18 6/1/18 7/1/18 8/1/18 9/1/18 1/1/18 11/1/18 12/1/18 Sales New Listings Inventory Days on Market Benchmark Price 415,8 418,8 418,8 42, 419, 418, Median Price 376,5 42, , 422,5 42,844 48,18 Average Price 46,514 59, ,874 58,23 484, ,975 Index Jun17 Jun CALGARY TOTAL SALES 6/1/17 6/1/18 6/1/17 6/1/18 >$1, $1, $199, $2, $299, $3, $ 349, $35, $399, $4, $449, $45, $499, $5, $549, $55, $599, $6, $649, $65, $699, $7, $799, $8, $899, $9, $999, $1,, $1,249, $1,25, $1,499, $1,5, $1,749,999 $1,75, $1,999,999 $2,, $2,499,999 1 $2,5, $2,999,999 $3,, $3,499,999 $3,5, $3,999,999 $4,, CITY OF CALGARY SEMIDETACHED SALES BY PRICE RANGE <$2, $2, $299,999 $3, $399,999 $4, $499,999 $5, $599, $6, $699,999 JUNE $7, 999,999 $1,,+ CREB Monthly Statistics City of Calgary 15
15 CITY OF CALGARY SEMIDET. SALES 1,4 1,2 1, 8 JUNE CITY OF CALGARY SEMIDET. NEW LISTINGS City of Calgary SemiDetached 218 JUNE 2,5 2, 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 1, Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. Inventory Sales Benchmark Price May. 435, 43, 425, 42, 415, 41, 45, Months of Supply Trended 12 month moving average inventory CITY OF CALGARY SEMIDET. PRICE CHANGE 5% 4% 3% 2% 1% % 1% 2% 3% Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change CITY OF CALGARY SEMIDET. PRICES 65, 6, 55, 5, 45, 4, 35, 3, 25, Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 16
16 City of Calgary Row 218 Jan. Feb. Mar. Apr. May Jul. Aug. Sept. Oct. Nov. Dec /1/17 2/1/17 3/1/17 4/1/17 5/1/17 6/1/17 7/1/17 8/1/17 9/1/17 1/1/17 11/1/17 12/1/17 Sales New Listings Inventory ,12 1, , Days on Market Benchmark Price 32,6 291,6 292,4 293,6 292,4 294, 36,7 37, 36,9 35, 33,1 299,5 Median Price 33,5 311, 32,75 39, 31, 31, 37, 35,5 319, 312, 29, 295, Average Price 32, , ,526 35, , , ,39 347,52 344, , , ,857 Index /1/18 2/1/18 3/1/18 4/1/18 5/1/18 6/1/18 7/1/18 8/1/18 9/1/18 1/1/18 11/1/18 12/1/18 Sales New Listings Inventory ,75 1,167 1,29 Days on Market Benchmark Price 296,7 295,4 297,6 3, 33,2 32,3 Median Price 295, 3, 3, 38,95 38,45 293,5 Average Price 314, , ,86 334,42 337, ,781 Index Jun17 Jun CALGARY TOTAL SALES 6/1/17 6/1/18 6/1/17 6/1/18 >$1, $1, $199, $2, $299, $3, $ 349, $35, $399, $4, $449, $45, $499, $5, $549, $55, $599, $6, $649, $65, $699, $7, $799, $8, $899, $9, $999, $1,, $1,249, $1,25, $1,499,999 4 $1,5, $1,749, $1,75, $1,999,999 1 $2,, $2,499,999 $2,5, $2,999,999 $3,, $3,499,999 $3,5, $3,999,999 $4,, ,275 1,58 CITY OF CALGARY ROW SALES BY PRICE RANGE <$2, $2, $299,999 $3, $399,999 $4, $499,999 $5, $599,999 $6, $699, JUNE $7, 999,999 $1,,+ CREB Monthly Statistics City of Calgary 17
17 CITY OF CALGARY ROW SALES JUNE CITY OF CALGARY ROW NEW LISTINGS City of Calgary JUNE Row 218 2, 3,5 1,8 1,6 1,4 3, 2,5 1,2 1, 8 2, 1,5 6 1, Row 1 Year Average Row 1 Year Average CITY OF CALGARY ROW INVENTORY AND SALES 1,4 1,2 1, 31, 35, CITY OF CALGARY ROW MONTHS OF INVENTORY Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. Inventory Sales Benchmark Price May. 3, 295, 29, 285, Months of Supply Trended 12 month moving average inventory CITY OF CALGARY ROW PRICE CHANGE 25% 2% 15% 1% 5% % 5% 1% Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change CITY OF CALGARY ROW PRICES 4, 38, 36, 34, 32, 3, 28, 26, 24, 22, 2, Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 18
18 City of Calgary 218 CITY CENTRE CITY CENTCITY CENTCITY CENTCITY CENTCITY CENTCITY CENTRE PRICES CITY CENTRE TOTAL SALES JUNE 3,5 4 CITY CENTRE TOTAL SALES BY PRICE RANGE JUNE 3, 2,5 2, 1,5 1, Detached Apartment Semi Detached Row 1 Year Average CITY CENTRE INVENTORY AND SALES CITY CENTRE MONTHS OF INVENTORY 2,5 2, 1,5 1, 5 Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. Inventory Sales Benchmark Price May. 513, 512, 511, 51, 59, 58, 57, 56, 55, 54, 53, 52, Months of Supply Trended 12month moving average CITY CENTRE PRICE CHANGE 2% 15% 1% 5% % 5% 1% 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, 6, 5, 4, 3, 2, 1, Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 19
19 City of Calgary NORTHEAST NORTHEANORTHEANORTHEANORTHEANORTHEANORTHEAST PRICES NORTHEAST TOTAL SALES 1,6 1,4 1,2 1, JUNE NORTHEAST TOTAL SALES BY PRICE RANGE Detached Apartment Semi Detached Row 1 Year Average NORTHEAST INVENTORY AND SALES NORTHEAST MONTHS OF INVENTORY Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. Inventory Sales Benchmark Price May. 36, 355, 35, 345, 34, 335, Months of Supply Trended 12month moving average NORTHEAST PRICE CHANGE 3% 25% 2% 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 45, 4, 35, 3, 25, 2, 15, 1, Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 2
20 City of Calgary NORTH NORTH TOTAL SALES 1,8 1,6 1,4 1,2 1, NORTH TONORTH TONORTH INNORTH MNORTH P NORTH PRICES Detached Apartment Semi Detached JUNE Row 1 Year Average NORTH TOTAL SALES BY PRICE RANGE JUNE NORTH INVENTORY AND SALES 1,2 45, NORTH MONTHS OF INVENTORY 6 1, 4, , , , , 1 Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. Inventory Sales Benchmark Price May. 375, Months of Supply Trended 12month moving average NORTH 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 NORTH PRICES 5, 45, 4, 35, 3, 25, 2, 15, 1, Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 21
21 City of Calgary NORTHWEST NORTHWEST TOTAL SALES 2, 1,8 1,6 1,4 1,2 1, NORTHWNORTHWNORTHWNORTHWNORTHWNORTHWEST PRICES Detached Apartment Semi Detached JUNE Row 1 Year Average NORTHWEST TOTAL SALES BY PRICE RANGE JUNE NORTHWEST INVENTORY AND SALES 1,2 1, , 485, 48, 475, 47, 465, NORTHWEST MONTHS OF INVENTORY Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. Inventory Sales Benchmark Price May. 46, Months of Supply Trended 12month moving average NORTHWEST PRICE CHANGE 2% 15% 1% 5% % 5% 1% Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change NORTHWEST PRICES 7, 6, 5, 4, 3, 2, 1, Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 22
22 City of Calgary WEST WEST TOTWEST TOTWEST INVWEST MOWEST PRIWEST PRICES WEST TOTAL SALES 1,6 1,4 1,2 1, JUNE WEST TOTAL SALES BY PRICE RANGE 218 JUNE Detached Apartment Semi Detached Row 1 Year Average WEST INVENTORY AND SALES WEST MONTHS OF INVENTORY 1,2 1, Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. Inventory Sales Benchmark Price May. 575, 57, 565, 56, 555, 55, Months of Supply Trended 12month moving average WEST 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 WEST PRICES 8, 7, 6, 5, 4, 3, 2, 1, Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 23
23 City of Calgary SOUTH SOUTH TOSOUTH TOSOUTH INSOUTH MSOUTH PRSOUTH PRICES SOUTH TOTAL SALES JUNE 3, 7 SOUTH TOTAL SALES BY PRICE RANGE 218 JUNE 2,5 2, 1,5 1, Detached Apartment Semi Detached Row 1 Year Average SOUTH INVENTORY AND SALES SOUTH MONTHS OF INVENTORY 1,6 1,4 1,2 1, Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. Inventory Sales Benchmark Price May. 42, 415, 41, 45, 4, 395, Months of Supply Trended 12month 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, 45, 4, 35, 3, 25, 2, 15, 1, Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 24
24 City of Calgary SOUTHEAST SOUTHEAST TOTAL SALES 2, 1,8 1,6 1,4 1,2 1, SOUTHEASOUTHEASOUTHEASOUTHEASOUTHEASOUTHEAST PRICES Detached Apartment Semi Detached JUNE Row 1 Year Average SOUTHEAST TOTAL SALES BY PRICE RANGE JUNE SOUTHEAST INVENTORY AND SALES SOUTHEAST MONTHS OF INVENTORY 1,2 1, Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. Inventory Sales Benchmark Price May. 43, 428, 426, 424, 422, 42, 418, 416, 414, 412, 41, Months of Supply Trended 12month moving average SOUTHEAST PRICE CHANGE 2% 15% 1% 5% % 5% 1% Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change SOUTHEAST PRICES 5, 45, 4, 35, 3, 25, 2, 15, 1, Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 25
25 City of Calgary EAST EAST TOTAL SALES EAST TOTEAST TOTEAST INV EAST MO EAST PRICEAST PRICES Detached Apartment Semi Detached JUNE Row 1 Year Average EAST TOTAL SALES BY PRICE RANGE JUNE EAST INVENTORY AND SALES , 36, 34, 32, 3, 298, 296, 294, EAST MONTHS OF INVENTORY Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. Inventory Sales Benchmark Price May. 292, Months of Supply Trended 12month moving average EAST PRICE CHANGE 25% 2% 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 4, 35, 3, 25, 2, 15, 1, Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 26
26 CREB Definitions 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 25 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 245 member offices. CREB is dedicated to enhancing the value, integrity and expertise of its REALTOR members. Our REALTORS are committed to a high standard of professional conduct, ongoing education, and a strict Code of Ethics and standards of business practice. Any use or reference to CREB data and statistics must acknowledge CREB as the source. The board does not generate statistics or analysis of any individual member or company s market share. All MLS active listings for Calgary and area may be found on the board s website at ww.creb.com. CREB is a registered trademark of the Calgary Real Estate Board Cooperative. The trademarks MLS and Multiple Listing Service are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR and REALTORS are controlled by CREA and identify real estate professionals who are members of CREA, and subsequently the Alberta Real Estate Association and CREB, used under licence. CREB Monthly Statistics City of Calgary 27
Patience required in Calgary's housing market recovery Jul. 2018
July 18 MONTHLY STATISTICS PACKAGE City of Calgary Patience required in Calgary's housing market recovery 18 City of Calgary, August 1, 18 Recent struggles in the job market, accompanied by yet another
More informationAug. Aug 2018 ust 2018
August 18 MONTHLY STATISTICS PACKAGE City of Calgary Unemployment rate slows housing market recovery 18 City of Calgary, September, 18 Easing sales, gains in new listings and elevated inventory levels
More informationSep September 2018
18 September 18 MONTHLY STATISTICS PACKAGE City of Calgary Persistent buyers market continues 18 City of Calgary, October 1, 18 With no change in the economic climate, Calgary s sales activity totaled
More informationDec December 2018
December MONTHLY STATISTICS PACKAGE Job market weakness and lending restrictions a common thread in s housing market, January, 19 As oversupply continues in Calgary s housing market, December prices eased
More informationOversupply persists despite improved sales activity for affordable product Mar. 2019
March 19 MONTHLY STATISTICS PACKAGE Oversupply persists despite improved sales activity for affordable product 19, April 1, 19 March saw a modest decline in city wide sales activity compared to last year.
More informationMONTHS OF SUPPLY AND PRICE CHANGES. Home improvement November marks a rise in sales. MONTHLY STATISTICS PACKAGE City of Calgary. Nov.
November 17 17 Home improvement November marks a rise in sales. City of Calgary, December 1, 17 The November housing market was spurred by a rise in sales, particularly in the lower price ranges. Sales
More informationO O ct ct ober 2017
October Status Quo for Calgary's Housing Market Prices remain similar to last year, but ease in October., November 1, 17 October s housing market conditions closely echoed previous month s trends with
More informationHousing market feels the chill as oversupply continues Feb. 2019
February 19 19 MONTHLY STATISTICS PACKAGE Housing market feels the chill as oversupply continues 19, March 1, 19 The effects of Calgary s economic climate continue to create weak sales activity and elevated
More informationNew year kicks off with slow sales Jan. 2019
January 19 19 MONTHLY STATISTICS PACKAGE New year kicks off with slow sales 19, February 1, 19 As economic challenges linger into 19, housing markets remain on a sluggish pace. January sales totalled 8
More informationAAug ugust 2017
August 17 17 Housing recovery a balancing act Growth in new listings outpaced sales preventing inventory declines City of Calgary, September 1, 17 Sales posted a modest gain in August, but a rise in new
More informationA A p p r ril 2017
April 17 17 Housing market retains momentum in April Citywide prices hold steady as labour market improves City of Calgary, May 1, 17 Calgary s housing market continued to show signs of stability in April.
More informationDemand down with net migration
July 1 Demand down with net migration City of Calgary, August, 1 In step with City census data on declining net migration levels, housing sales activity totaled 1,71 units in July, a 1. per cent decrease
More informationMONTHLY STATISTICS PACKAGE. City of Calgary. May creb.com
MONTHLY STATISTICS PACKAGE City of Calgary May 1 creb.com 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
More informationS Sep eptember 2016
September Detached prices stabilize in soft market, October, The segment of Calgary s housing market with the greatest influence on the overall market is showing signs of pricing stability. The detached
More informationCALGARY REGIONAL HOUSING MARKET STATISTICS 12.14
CALGARY REGIONAL HOUSING MARKET STATISTICS 12.14 Yearly records set as monthly sales see slight decline Condominium and townhouse sales set a new record for 214 Calgary, January 2, 215 It was a record
More informationSHARE OF SALES December Airdrie
December 18 MONTHLY STATISTICS PACKAGE CREB Region Report REGIONAL HIGHLIGHTS January, 19 Airdrie In 18, the Airdrie housing market was distinctly marked by oversupply and signs of buyers market conditions.
More informationSHARE OF SALES November Airdrie. Cochrane. Okotoks. MONTHLY STATISTICS PACKAGE CREB Region Report. Nov. 18 REGIONAL HIGHLIGHTS.
November 18 MONTHLY STATISTICS PACKAGE CREB Region Report REGIONAL HIGHLIGHTS December 3, 18 Airdrie The Airdrie housing market continues to experience declining sales and increasing inventory. Persistently
More informationSHARE OF SALES October Airdrie. Cochrane. Okotoks. MONTHLY STATISTICS PACKAGE CREB Region Report. Oct. 18 REGIONAL HIGHLIGHTS 2% 1% 3% Calgary
October 18 MONTHLY STATISTICS PACKAGE CREB Region Report REGIONAL HIGHLIGHTS November 1, 18 Airdrie Airdrie s housing market continues to experience declining sales and increasing inventory compared to
More informationSHARE OF SALES January Airdrie
January 9 MONTHLY STATISTICS PACKAGE CREB Region Report REGIONAL HIGHLIGHTS Febrauary, 9 Airdrie January 9 sales in Airdrie totalled units. This is just below levels recorded last year, but comparable
More informationCALGARY REGIONAL HOUSING MARKET STATISTICS CALGARY MAY SALES COMPARISON CALGARY SINGLE FAMILY ABSORPTION
CALGARY REGIONAL HOUSING MARKET STATISTICS 5.12 ACTIVE SPRING MARKET IN THE CALGARY REGION Low supply in the singlefamily market boosting activity across all sectors Calgary, June 1, 212 May 212 residential
More informationSHARE OF SALES December MONTHLY STATISTICS PACKAGE CREB Region Report. Dec. 17 REGIONAL HIGHLIGHTS 5% 2% Calgary. Airdrie.
December 17 % % 7% 6% 1% SHARE OF SALES December 17 Calgary Airdrie Rocky View Region Foothills Region Mountain View Region Wheatland Region 77% % MONTHLY STATISTICS PACKAGE CREB Region Report REGIONAL
More informationCALGARY REGIONAL HOUSING MARKET STATISTICS CALGARY SALES COMPARISON CALGARY INVENTORY AND SALES
CALGARY REGIONAL HOUSING MARKET STATISTICS 4.12 A RETURN TO TYPICAL SALES ACTIVITY IN THE CALGARY REGION Improved activity across all sectors Calgary, May 1, 212 For the month of April 212, yearoveryear
More informationMonths of Inventory Trended Months of Inventory Y/Y Price Change
August 218 Excess inventories weighs on prices in some regions 18 Alberta sales remained relatively stable this month as gains in most of the regions were offset by easing occurring mostly in Calgary.
More informationCalgary Economic & Housing Outlook
Calgary Economic & Housing Outlook TABLE OF CONTENTS FORECAST SUMMARY... 3 ECONOMY........................................................................................... 6 Economic Summary... 6 GDP...
More informationCalgary Economic & Housing Outlook
Calgary Economic & Housing Outlook TABLE OF CONTENTS FORECAST SUMMARY... 3 ECONOMY........................................................................................... 6 Economic Summary... 6 GDP...
More informationMay 2008 MLS Month in Review
May 28 MLS Month in Review The Albuquerque Market continues to improve, and it s evident that finally, the negative media is turning into positive media. This month s TOP Selling Price Range is $2K to
More informationMonthlyStatistics MAY 2018
MonthlyStatistics MAY 2018 FOR IMMEDIATE RELEASE June 1, 2018 Single-Family Benchmark Price Surpasses $500,000 in May NANAIMO, BC The benchmark price of a single-family home in the VIREB area broke the
More informationHousing Bulletin Monthly Report
December 21 1 Housing Bulletin Monthly Report Alberta Housing Starts Fall in November 21 Canada Housing Starts 25 2 15 1 5 8 NOV 8 DEC 8 Preliminary Housing Starts in Alberta* and Canada* November 28 to
More informationHousing Bulletin Monthly Report
October 21 1 Housing Bulletin Monthly Report Housing Starts show Slight improvement in September CANADA Housing Starts 2, 15, 1, 5, Sep 8 Oct 8 Nov 8 Dec 8 Preliminary Housing Starts in Alberta and Canada
More informationMonthlyStatistics AUGUST 2018
MonthlyStatistics AUGUST 2018 FOR IMMEDIATE RELEASE September 4, 2018 Sales Bounce Back Slightly From July But Still Lower Than in 2017 NANAIMO, BC Sales of single-family homes in August were seven per
More informationMonthly Statistics Package July 2016
Vancouver Island Real Estate Board Monthly Statistics Package July 2016 FOR IMMEDIATE RELEASE August 2, 2016 Home Sales a Bit Cooler in July But Significantly Higher Than Last Year NANAIMO, BC Home sales
More informationMonthly Statistics Package June 2015
Vancouver Island Real Estate Board Monthly Statistics Package June 2015 FOR IMMEDIATE RELEASE July 2, 2015 Robust Housing Market Shows No Signs of Slowing Down NANAIMO, BC A robust provincial economy and
More informationCalifornia Housing Market Update. Monthly Sales and Price Statistics September 2018
California Housing Market Update Monthly Sales and Price Statistics September 2018 Sales Had the Largest Decline since March 2014 California, September 2018 Sales: 382,550 Units, -3.3% YTD, -12.4% YTY
More informationMonthly Statistics Package November 2015
Vancouver Island Real Estate Board Monthly Statistics Package November 2015 FOR IMMEDIATE RELEASE December 1, 2015 November Sales Activity Up Significantly From One Year Ago NANAIMO, BC November sales
More informationMLS of Greater Cincinnati - Charts for the Month: November 2017
MLS of Greater Cincinnati - Charts for the Month: November 2017 The following charts provide an overview of what has occurred in the MLS over the past month. Each chart provides a historical trend. The
More informationCalifornia Housing Market Update. Monthly Sales and Price Statistics December 2018
California Housing Market Update Monthly Sales and Price Statistics December 2018 Sales Reached the Lowest Level since Jan 2015 California, December 2018 Sales: 372,260 Units, -5.2% YTD, -11.6% YTY 700,000
More informationMonthlyStatistics JULY 2018
MonthlyStatistics JULY 2018 FOR IMMEDIATE RELEASE August 1, 2018 Prices Continue to Sizzle in Summer Housing Market NANAIMO, BC Prices of single-family homes, apartments, and townhouses continue to rise
More informationMONTHLY STATISTICS PACKAGE
MONTHLY STATISTICS PACKAGE FEBRUARY 2019 FOR IMMEDIATE RELEASE March 1, 2019 Guideline B-20 Continues to Dampen Housing Sales NANAIMO, BC Sales of single-family homes in February board-wide dipped by 28
More informationHousing Bulletin Monthly Report
February 211 1 Housing Bulletin Monthly Report Alberta s preliminary housing starts declined in January 211 Canada Housing Starts 25, 2, 15, 1, 5, DEC 8 JAN 9 Preliminary Housing Starts in Alberta* and
More informationCALGARY S ECONOMIC EDGE
CALGARY S ECONOMIC EDGE creb 213 calgary housing market forecast update June 28, 213 crebforecast.com creb.com CREB 3 Manning Road NE Calgary, Alberta T2E 8K4, Canada Phone: 43.263.53 Fax: 43.218.3688
More informationCalifornia Housing Market Update. Monthly Sales and Price Statistics November 2018
California Housing Market Update Monthly Sales and Price Statistics November 2018 Home Sales: Largest Decline Since 2014 California, November 2018 Sales: 381,400 Units, -4.6% YTD, -13.4% YTY 700,000 600,000
More informationHousing Bulletin Monthly Report
August 21 Housing Bulletin Monthly Report 1 C a n a da s P r e li m i n a ry H o u s i n g S ta r t s s l i p i n J u ly Preliminary Housing St arts in Albert a* and Canada* July 28 to July 21 25, Canada
More informationMonthly Indicators + 7.3% + 6.6% + 8.3% Single-Family Market Overview Condo Market Overview New Listings Pending Sales.
Monthly Indicators 2018 The three most prominent national market trends for residential real estate are the ongoing lack of abundant inventory, the steadily upward movement of home prices and year-over-year
More informationOctober 1, Victoria Real Estate Market Continues to Stabilize
PRESIDENT Kyle Kerr PRESIDENT ELECT Cheryl Woolley SECRETARY TREASURER David Langlois PAST PRESIDENT Ara Balabanian DIRECTORS Jackie Adkins Sandi-Jo Ayers Bill Ethier Karen Dinnie-Smyth Andrew Plank EXECUTIVE
More informationMonthlyStatistics MARCH 2017
MonthlyStatistics MARCH 2017 FOR IMMEDIATE RELEASE April 3, 2017 Low Inventory Continues to Limit Vancouver Island Buyers NANAIMO, BC The Vancouver Island Real Estate Board (VIREB) reports that in March
More informationMonthly Indicators + 4.8% - 3.5% %
Monthly Indicators 2015 New Listings were up 45.0 percent for single family/duplex homes but decreased 44.1 percent for townhouse-condo properties. Pending Sales increased 14.3 percent for single family/duplex
More informationCalifornia Housing Market Update. Monthly Sales and Price Statistics October 2018
California Housing Market Update Monthly Sales and Price Statistics October 2018 Sales Had the 2 nd Largest Drop in the Last 6 Months California, October 2018 Sales: 397,060 Units, -3.7% YTD, -7.9% YTY
More informationMonthlyStatistics OCTOBER 2018
MonthlyStatistics OCTOBER 2018 FOR IMMEDIATE RELEASE November 1, 2018 Prices Continue Rising Despite Moderating Sales NANAIMO, BC Sales of single-family homes in October were 11 per cent higher than in
More informationMonthlyStatistics DECEMBER 2018
MonthlyStatistics DECEMBER 2018 FOR IMMEDIATE RELEASE January 2, 2019 Housing Market in 2018 Performed as Expected NANAIMO, BC Sales of single-family homes in December dropped by 48 per cent from one year
More informationMonthlyStatistics AUGUST 2017
MonthlyStatistics AUGUST 2017 FOR IMMEDIATE RELEASE September 1, 2017 VIREB Housing Market Continues to Sizzle NANAIMO, BC The Vancouver Island Real Estate Board (VIREB) reports that single-family home
More informationJune 2008 MLS Month in Review
June 28 MLS Month in Review The Greater Albuquerque Real Estate Market continues to be strong. REALTORS put 1,769 homes under contract in the month of June. For our Market Area, sales are up 9.5% for Detached
More informationAugust 1, Victoria Housing Market Still Finding Its Balance
August, 28 PRESIDENT Kyle Kerr PRESIDENT ELECT Cheryl Woolley SECRETARY TREASURER David Langlois PAST PRESIDENT Ara Balabanian DIRECTORS Jackie Adkins Sandi-Jo Ayers Bill Ethier Karen Dinnie-Smyth Andrew
More informationMonthly Indicators % % %
Monthly Indicators 2016 Percent changes calculated using year-over-year comparisons. New Listings were down 27.6 percent for single family homes and 41.8 percent for townhouse-condo properties. Pending
More informationPhone: Fax: Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT. (for month ending June 30, 2012)
Phone: 519-641-1400 Fax: 519-641-4613 342 Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT (for month ending June 30, 2012) Table of Contents News Release for June 2012 3 Market Report
More informationMonthlyStatistics JANUARY 2018
MonthlyStatistics JANUARY 2018 FOR IMMEDIATE RELEASE February 1, 2018 Sales Return to Seasonal Norms in January NANAIMO, BC Coming off the busiest December on record, sales in the VIREB area returned to
More informationSFR Condo Residential Lot Sales Inventory Sales Inventory Sales Inventory. Month YTD Month Month YTD Month Month YTD Month
Grand Strand Market Report 2017 capped off a great year for the Grand Strand as full year SFR sales volume and median sales price were up 9.8% and 4.3%, respectively. Condo sales activity increased 3.0%
More informationHousing Bulletin Monthly Report
February 21 1 Housing Bulletin Monthly Report Housing Starts 25, 2, 15, 1, 5, Alberta Housing Starts up 5 per cent from 29 From February 29 to 21, preliminary housing starts increased 82.7 per cent across
More informationMonthlyStatistics DECEMBER 2017
MonthlyStatistics DECEMBER 2017 FOR IMMEDIATE RELEASE January 2, 2018 VIREB Posts the Strongest December on Record NANAIMO, BC The Vancouver Island Real Estate Board (VIREB) reports that on a seasonally
More informationPhone: Fax: Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT. (for month ending April 30, 2014)
Phone: 519-641-1400 Fax: 519-641-1419 342 Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT (for month ending April 30, 2014) Table of Contents News Release for April 2014 3 Market Report
More informationMonthlyStatistics MARCH 2018
MonthlyStatistics MARCH 2018 FOR IMMEDIATE RELEASE April 3, 2018 Sales Down From 2017 But Prices Still Rising Due to Limited Inventory NANAIMO, BC Sales of single-family homes, apartments, and townhouses
More informationHousing Bulletin Monthly Report
January 21 1 Housing Bulletin Monthly Report Most new homes built in second half of 29 25, 2, 15, 1, 5, Dec 7 Jan 8 Feb 8 mar 8 apr 8 Alberta s 29 housing starts increased 72.8 per cent over 28, suggesting
More informationCalifornia Housing Market Update. Monthly Sales and Price Statistics August 2018
California Housing Market Update Monthly Sales and Price Statistics August 2018 Sales Declined for the 4 th Consecutive Month California, August 2018 Sales: 399,600 Units, -2.1% YTD, -6.6% YTY 700,000
More informationMonthlyStatistics FEBRUARY 2018
MonthlyStatistics FEBRUARY 2018 FOR IMMEDIATE RELEASE March 1, 2018 Buoyant Sellers Market Continues NANAIMO, BC Last month, 316 single-family homes sold on the Multiple Listing Service (MLS ) System compared
More informationEconomic Spotlight September 1, 2009
Economic Spotlight September 1, 29 Update on Alberta s Housing Market Summary Alberta s housing market is beginning to show signs of recovery. Housing starts have rebounded from March lows and activity
More informationEconomic Highlights. Payroll Employment Growth by State 1. Durable Goods 2. The Conference Board Consumer Confidence Index 3
August 26, 2009 Economic Highlights Southeastern Employment Payroll Employment Growth by State 1 Manufacturing Durable Goods 2 Consumer Spending The Conference Board Consumer Confidence Index 3 Real Estate
More informationMonthlyStatistics OCTOBER 2017
MonthlyStatistics OCTOBER 2017 FOR IMMEDIATE RELEASE November 1, 2017 Buyer Demand and Low Inventory Driving Brisk Housing Market NANAIMO, BC The Vancouver Island Real Estate Board (VIREB) reports that
More informationCalifornia Housing Market Update. Monthly Sales and Price Statistics May 2018
California Housing Market Update Monthly Sales and Price Statistics May 2018 Sales Lost Momentum as Mortgage Rates Continued to Climb California, May 2018 Sales: 409,270 Units, +0.3% YTD, -4.6% YTY 700,000
More informationCalgary Economic & Housing Outlook
218 Calgary Economic & Housing Outlook 218 CREB. All rights reserved. The forecasts included in this document are based on information available as of December 217. Prepared by Ann-Marie Lurie, CREB chief
More informationVictoria Real Estate Market responds as expected to the changing market conditions of 2018
PRESIDENT Cheryl Woolley PRESIDENT ELECT & TREASURER Sandi-Jo Ayers PAST PRESIDENT Kyle Kerr DIRECTORS Jackie Adkins Sheila Aujla Karen Dinnie-Smyth David Langlois Andrew Plank Graden Sol EXECUTIVE OFFICER
More informationMonthly Indicators % + 9.7% %
Monthly Indicators 2016 Percent changes calculated using year-over-year comparisons. New Listings were up 11.1 percent for single family homes and down 30.8 percent for townhouse-condo properties. Pending
More informationMonthly Indicators % % - 9.2%
Monthly Indicators 2016 New Listings were down 1.4 percent for single family/duplex homes and 25.0 percent for townhouse-condo properties. Pending Sales increased 58.3 percent for single family/duplex
More informationMonthlyStatistics NOVEMBER 2017
MonthlyStatistics NOVEMBER 2017 FOR IMMEDIATE RELEASE December 1, 2017 Lack of Inventory Continues to Drive Housing Market NANAIMO, BC The Vancouver Island Real Estate Board (VIREB) reports that single-family
More informationVictoria Real Estate Market Statistics for August Sept 1, 2017
Victoria Real Estate Market Statistics for August 27 Sept, 27 A total of 736 properties sold in the Victoria Real Estate Board region this August, 6.6 per cent fewer than the 883 properties sold in August
More informationTHE OUTLOOK FOR HOUSING IN ILLINOIS
THE OUTLOOK FOR HOUSING IN ILLINOIS Jonathan Smoke Chief Economist January 25, 2017 NATIONAL TRENDS 2 2000.01 2000.05 2000.09 2001.01 2001.05 2001.09 2002.01 2002.05 2002.09 2003.01 2003.05 2003.09 2004.01
More informationMonthlyStatistics APRIL 2018
MonthlyStatistics APRIL 2018 FOR IMMEDIATE RELEASE May 1, 2018 Sales Holding Steady Amid Rising House Prices NANAIMO, BC Sales of single-family homes in the VIREB area rose by 20 per cent month over month
More informationHousing Market Cycles
MEGA AGENT Market Update Gary Keller and Jay Papasan 2 The U.S. Housing Market Keller Williams Realty, Inc. Housing Market Cycles 4 The U.S. Housing Market Housing Market Cycles 5 The U.S. Housing Market
More informationMonthly Indicators % % - 3.5%
Monthly Indicators 2017 New Listings were up 6.3 percent for the category but decreased 33.1 percent for the category. Pending Sales increased 5.0 percent for but decreased 1.3 percent for. The Median
More informationVictoria Real Estate Market Continues to Sizzle in Summer Months. August , Victoria, BC
Victoria Real Estate Market Continues to Sizzle in Summer Months August 16, Victoria, BC A total of 97 properties sold in the Victoria Real Estate Board region this July, an increase of per cent compared
More informationMonthly Indicators % % %
Monthly Indicators 2018 Percent changes calculated using year-over-year comparisons. New Listings were down 12.9 percent for single family homes and 21.3 percent for townhouse-condo properties. Pending
More informationM onthly arket. July Table of Contents. Monthly Highlights
Table of Contents Market Inventory...2 www.gaar.com Monthly Highlights The median sale price of single-family, detached homes climbed to $190,000 in July 2014, the highest level since August 2008. Market
More informationTri-Cities Insider September 2015
Tri-Cities Insider Your Current Real Estate Market 1 Go to: http://grouponetricities.com click on this logo to view market info each month. 2 3 Yearly Comparisons- Real Trends July/June 2015 Housing Market
More informationECONOMIC CURRENTS. Vol. 3, Issue 1. THE SOUTH FLORIDA ECONOMIC QUARTERLY Introduction
ECONOMIC CURRENTS THE SOUTH FLORIDA ECONOMIC QUARTERLY Introduction Economic Currents provides an overview of the South Florida regional economy. The report contains current employment, economic and real
More informationHousing Price Forecasts. Illinois and Chicago PMSA, April 2013
Housing Price Forecasts Illinois and Chicago PMSA, April 2013 Presented To Illinois Association of Realtors From R E A L Regional Economics Applications Laboratory, Institute of Government and Public Affairs
More informationSeptember 4, Victoria s Real Estate Market Simmers at the End of Summer
PRESIDENT Kyle Kerr PRESIDENT ELECT Cheryl Woolley SECRETARY TREASURER David Langlois PAST PRESIDENT Ara Balabanian DIRECTORS Jackie Adkins Sandi-Jo Ayers Bill Ethier Karen Dinnie-Smyth Andrew Plank EXECUTIVE
More informationSteady sales and diminished listings characterize 2017 for the Metro Vancouver housing market
News Release FOR IMMEDIATE RELEASE: Steady sales and diminished listings characterize for the Metro Vancouver housing market VANCOUVER, BC January 3, 2018 After reaching record levels in 2015 and 2016,
More informationFewer home sales and listings in the first quarter of 2018
News Release FOR IMMEDIATE RELEASE: Fewer home sales and listings in the first quarter VANCOUVER, BC April 4, Home buyers and sellers were less active in Metro Vancouver* throughout the first quarter.
More informationPhone: Fax: Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT. (for month ending January 31, 2015)
Phone: 519-641-1400 Fax: 519-641-1419 342 Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT (for month ending January 31, 2015) Table of Contents News Release for January 2015 3 Market
More informationHousing Price Forecasts. Illinois and Chicago PMSA, June 2012
Housing Price Forecasts Illinois and Chicago PMSA, June 2012 Presented To Illinois Association of REALTORS From R E A L Regional Economics Applications Laboratory, Institute of Government and Public Affairs
More informationNovember 1, The Victoria real estate market s return to balance not linear, but also not unexpected
PRESIDENT Kyle Kerr PRESIDENT ELECT Cheryl Woolley SECRETARY TREASURER David Langlois PAST PRESIDENT Ara Balabanian DIRECTORS Jackie Adkins Sandi-Jo Ayers Bill Ethier Karen Dinnie-Smyth Andrew Plank EXECUTIVE
More informationScott Market Report Stronger Sales Continue
June 20 Scott Market Report Stronger Sales Continue The Outer Banks real estate market is seeing good signs in most market segments. After a somewhat slow start to 20, sales agreements picked up significantly
More informationSeptember 2018 MLS Statistical Report
September 218 MLS Statistical Report Total Sales Blame it on Hurricane Florence but overall, sales dropped drastically in August - down 17%. Total Sales Sept'18 172-17% Sept'17 26-2% Sept'16 211 7% 3 2
More informationMetro Vancouver home sales decline below historical averages in 2018
News Release FOR IMMEDIATE RELEASE: Metro Vancouver home sales decline below historical averages in VANCOUVER, BC January 3, 2019 Metro Vancouver* home sales in were the lowest annual total in the region
More information1200 Premier Drive, Suite 140 Chattanooga, TN Each office is independently owned and operated.
THIS MONTH IN REAL ESTATE K im aulston R REALTOR 1200 Premier Drive, Suite 140 Chattanooga, TN 37421 Each office is independently owned and operated. Cell: 423-316-4022 Office: 423-664-1600 Email: kcraulston@gmail.com
More informationPhone: Fax: Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT. (for month ending July 31, 2017)
Phone: 519-641-1400 Fax: 519-641-1419 342 Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT (for month ending July 31, 2017) Table of Contents News Release for July 2017 3 Market Report
More informationHouston Summer Retail. Office. July 2016 Commercial Markets. Independent Valuations for a Variable World Page 1. Summary Q1 Statistics
July 2016 Commercial Markets In This Issue Commercial Markets Retail Office Industrial Multifamily Housing Trends Single Family Housing Lot Supply & New Home Data % 10% 8% 6% 4% 2% 0% Retail 2007 Q1 2008
More informationNOVEMBER 2018 Harrisonburg & Rockingham County Real Estate Market Report
NOVEMBER 218 Real Estate Market Report An analysis of real estate activity through October 31, 218 provided courtesy of Scott P. Rogers, Funkhouser Real Estate Group Custom-Built Highland Park Home with
More informationHOUSING MARKET OUTLOOK Calgary CMA
H o u s i n g M a r k e t I n f o r m a t i o n HOUSING MARKET OUTLOOK Calgary CMA C a n a d a M o r t g a g e a n d H o u s i n g C o r p o r a t i o n Date Released: Fall 2011 NEW HOME MARKET Total housing
More informationMARKET AREA UPDATE Year: 2018 Report as of: 1Q 2Q 3Q 4Q
Market Area (City, State): Portland Metropolitan Area MARKET AREA UPDATE Year: 2018 Report as of: 1Q 2Q 3Q 4Q Provided by (Company / Companies): BHHSNW Real Estate, Archibald Relocation, Coldwell Banker
More informationANNUAL HOUSE PRICE GROWTH RISES TO 4.5%
ANNUAL HOUSE PRICE GROWTH RISES TO 4.5% 07/11/2017 +4.5% Annual change +0.3% Monthly change +2.3% Quarterly change 225,826 Average Price House prices in the last three months (August-October) were 2.3%
More informationMARKET STRATEGY VIEWPOINT U.S. Housing Decelerating
Jan-01 Oct-01 Jul-02 Apr-03 Jan-0 Oct-0 Jul-05 Apr-0 Jan-07 Oct-07 Jul-08 Apr-09 Jan-10 Oct-10 Jul-11 Apr-12 Jan-13 Oct-13 Jul-1 Apr-15 Jan-1 Oct-1 Jul-17 Apr-18 U.S. Housing Decelerating August 27, 2018
More information