2017 IN REVIEW THE BLUE MTS. REAL ESTATE MARKET REPORT LOCATIONS ROYAL LEPAGE S 2016 BROKERAGE OF THE YEAR FOR ONTARIO.

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1 THE BLUE MTS. REAL ESTATE MARKET REPORT IN REVIEW WE RE PROUD AND GRATEFUL TO HAVE BEEN CHOSEN AS ROYAL LEPAGE S BROKERAGE OF THE YEAR FOR ONTARIO

2 OVERVIEW RECORD VOLUME SALES, HIGHER PRICES, SHORTER SALE TIMES, FEWER LISTINGS RECORD ANNUAL VOLUME OF $245,401,774 Up 17% from s record $209,476,554, with units of 400 down 4% from s 415. New listings of 630 down 11% from, with the sales/listings ratio of 63% up 4%. RECORD FOURTH-QUARTER VOLUME OF $56,262,600 Up 1% from s record $55,607,159. Q4 units of 82 down 21% from Q4- s 104. New listings of 138 down 7% from Q4-, while the sales/listing ratio of 59% was down 11%. RECORD ANNUAL AVERAGE SALE PRICE OF $613,504 Up 22% from s $504,763, with the average days-on-market of 68 down 16 days.

3 OVERVIEW (cont d) THE DEMAND FOR LISTINGS IS GREATER THAN THE SUPPLY Tthough unit sales were down 4% from s record, that was partly due to the 11% fewer new listings. That said, s record volume, 63% sales/listings ratio, 22% average sale price increase, shorter sale times and fewer expired listings all indicate a strong sellers market. Graph 1: The Blue Mts. MLS Sales vs. vs. (Volume) $300,000,000 $245,401,774 $250,000,000 $209,476,554 $200,000,000 $171,707,534 $150,000,000 $100,000,000 $50,000,000 $0 Graph 2: The Blue Mts. MLS Sales vs. vs. (Units)

4 THE MARKET IN DETAIL Table 1: The Blue Mts. MLS Sales And Listing Summary vs. vs. - Volume Sales $171, $209,476,554 $245,401, % Unit Sales % New Listings % Sales/Listings Ratio 46% 59% 63% +4% Expired Listings % 4th Quarter (Q4) Volume Sales $35,428,556 $55,607,159 $56,262,600 +1% Q4 Unit Sales % Q4 New Listings % Q4 Sales/Listings Ratio 52% 70% 59% -11% Q4 Expired Listings % Sales : $100K - $299K % Sales: $300K - $499K % Sales: $500K - $799K % Sales: $800K - $999K % Sales: $1M - $1,499M % Sales: $1.5M-$1, % Sales: $2M % Average Days-On-Market % Average Sale Price $486,424 $504,763 $613, % NOTE: All MLS sales data in this report comes from the Southern Georgian Bay Association Of REALTORS. THE BLUE MTS. REAL ESTATE MARKET REPORT: IN REVIEW

5 THE MARKET IN DETAIL (cont d) As Graph 3 shows, had 9 months of record volume sales with big spikes from March to May and then in September and November. On the units side, Graph 4 shows 5 record months, but with a particularly deep trough in Q3, partly due to the deeply declining Greater Toronto market and the July interest rate hike. That said, our market rebounded nicely from September on, with the average sale price staying high and the listings count low, thus showing our region s resilient, relative independence from the GTA. Graph 3: The Blue Mts. Monthly MLS Sales vs. vs. (Volume) $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Graph 4: The Blue Mts. Monthly MLS Sales vs. vs. (Units) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

6 THE MARKET IN DETAIL (cont d) As Graph 5 shows, unit sales were down 21% from in the high-volume $100K-$499K range, partly due to s average price increase of 22% and far fewer homes being listed in that price range. That said, was up in every other range except the $2M+, where it is down by 1 sale. And so, the entire $500K-$1.999M bracket was up 31% from, with the $500K-$799K, $800K-$999K, $1M-$1.499M and $1.5M-$1.999M ranges up 7%, 59%, 86% and 100% respectively. Graph 5: The Blue Mts. MLS Sales By Price vs. vs. (Units) $100K-$299K $300K-$499K $500K-$799K $800K-$999K $1M-$1.499M $1.5M-$1.999M THE BLUE MTS. REAL ESTATE MARKET REPORT: IN REVIEW 7 6 $2M+

7 SALES BY PROPERTY TYPE Graph 6: The Blue Mts. MLS Sales By Property Type vs. vs. (Dollars and Units) IN DETAIL SINGLE-FAMILY HOMES $36,095,941 $54,611,806 $36,095,941 DOLLAR SALES : $189,564,968 UP 26% from $54,611, UNIT SALES: 231 UP 4% from $189,564,968 $56,455,423 $189,564,968 AV. SALE PRICE: $820,628 UP 22% from CONDOMINIUMS $22,711,900 $22,711,900 $56,455,423 DOLLAR SALES: $54,611,806 DOWN 3% from $37,974,594 UNIT SALES: 168 DOWN 12% from AV. DAYS-ON-MARKET: 65 $150,594,631 DOWN 30 days from $150,594,631 AV. DAYS-ON-MARKET: 70 DOWN 6 days from AV. SALE PRICE: $325,070 UP 8% from $13,938,848 $13,938,848 VACANT LAND $37,974, DOLLAR SALES: $36,095,941 UP 59% from $129,919,440 $129,919,440 AV. DAYS-ON-MARKET: 280 DOWN 148 days from Single Family UNIT SALES: 122 UP 23% from Vacant LandLand Vacant AV. SALE PRICE: $295,868 UP 29% from

8 ROYAL LEPAGE NORTH IN ANOTHER RECORD-BREAKING YEAR WE BROKE OUR OWN GEORGIAN TRIANGLE RECORD FOR ANNUAL MLS SALES VOLUME With $265,629,772 up 23% from and quintupling our 2011 sales! WE HAD MORE THAN DOUBLE THE SALES VOLUME OF OUR NEAREST COMPETITOR WE WERE #1 IN COLLINGWOOD, THE BLUE MOUNTAINS, MEAFORD AND CLEARVIEW; #2 IN GREY HIGHLANDS And we re #3 in Wasaga Beach after opening an office in mid-. WE WERE #1 IN LUXURY HOME SALES VOLUME, MORE THAN DOUBLING OUR NEAREST COMPETITOR Locations North Locations North Sales Volume, $53,047, $89,145,175 $96,796,883 $121,934,732 $159,707,227 $215,294,663 $265,629,722

9 UNIT SALES Collingwood The Blue Mountains Meaford Clearview Georgian Triangle Luxury Homes** * Units refers to the combined number of Listing and Selling Sides ** $1,000,000+ THE BLUE MTS. REAL ESTATE MARKET REPORT: IN REVIEW

10 WE GIVE YOU OPTIONS AT NORTH, WE DO EVERYTHING WE CAN TO PUT YOU FIRST and that includes respecting your privacy. If we can ever be of help with your real estate needs, please let us know. COLLINGWOOD First Street THE BLUE MOUNTAINS Arthur Street MEAFORD Sykes Street WASAGA BEACH Mosley Sreet, Unit 7 CLEARVIEW Mill St., Creemore