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. Compared to last year, inventory levels and months of supply have been significantly higher, combined with lower levels of sales. This has led to downward pressures on the benchmark price for detached homes. Annual residential sales exhibited a yearoveryear decline of 1 per cent and were almost 19 per cent lower than activity over the past years. This consistent decline was observed across all product types. Supply in 18 was at recordhigh levels, with new listings achieving a new yeartodate peak for most of the year. Inventories have also been continuously increasing throughout this year and are 1 per cent higher than in 17. Months of supply have increased steadily and averaged.6 months in 18. Persistent oversupply has resulted in a decline in Airdrie prices. In 18 detached benchmark prices averaged $369,, over two percent below last year. SHARE OF SALES December 18 Calgary Airdrie Rocky View Region Foothills Region Mountain View Region Wheatland Region Other Active Areas % % 1% 3% % 6% 8% Cochrane Declining by 6 units, 18 sales in Cochrane were lower than the previous year. However, an annual count of 99 sales remains comparable to activity over the past three years. In 18 there were 1,88 new listings, the highest on record. Elevated new listings and easing sales resulted in rising inventories and months of supply that averaged nearly 7 months. Elevated supply has caused detached prices to trend down over the second half of the year, however, it was not enough to offset earlier gains. In 18, detached benchmark prices have remained comparable to last year. Okotoks 18 residential sales in Okotoks were 63 units, a decline over last year and comparable to 1 activity. Gains in new listings combined with slower sales resulted in rising inventory and excess supply in this market. Despite increased supply and weak sales, detached home prices in Okotoks showed modest increases in 18. The average detached benchmark price totalled $3,87, which is one per cent higher than last year. CREB Calgary Regional Housing Market Statistics
CREB Region Summary December 18 Sales New Listings Sales to New Months of Inventory Listings Ratio Supply Benchmark Price Average Price Median Price Share of Sales Activity City of Calgary 79 1,7 7.8%,9 6.18 18, 6,963, 8% Airdrie 68 66.18% 37 8.33 33, 36,18 3, % Rocky View Region 6 1 1.67% 77 1. 33, 3,366, 6% Foothills Region 38 79 8.1% 3 1. 373,8 68,978 376, % Mountain View Region 16 33 8.8% 33.7 97,6 39,6 83, % Kneehill Region 8 16.% 8 1. 16,7 139, 1% Wheatland Region 1 3 33.33% 196 19.6 16, 6,7,87 1% Willow Creek Region 1 1.67% 99 19.8 333,7 31, 1% Vulcan Region 3 6.% 61.33 6, 68, % Bighorn Region 1 16 7.% 9 7. 71,6 687, 1% CREB Economic Region 993 1,1 7.18% 7,3 7. 13,9 6,3 396, 1% CREB SALES BY PRICE RANGE CREB INVENTORY BY PRICE RANGE 3 1,8 3 1 1 1, 1, 9 6 3 Calgary Airdrie Rocky View Region Foothills Region Mountain View Region Kneehill Region Wheatland Region Willow Creek Region Vulcan Region Bighorn Region Calgary Airdrie Rocky View Region Foothills Region Mountain View Region Kneehill Region Wheatland Region Willow Creek Region Vulcan Region Bighorn Region CREB TOTAL SALES: YEARTODATE 3, 18 CREB TOTAL NEW LISTINGS: YEARTODATE 6, 18 3,,,,, 1, 3, 1,,, 1, 8 9 1 11 1 13 1 1 16 17 18 8 9 1 11 1 13 1 1 16 17 18 Calgary Airdrie Rocky View Region Foothills Region Mountain View Region Kneehill Region Wheatland Region Willow Creek Region Vulcan Region Bighorn Region Calgary Airdrie Rocky View Region Foothills Region Mountain View Region Kneehill Region Wheatland Region Willow Creek Region Vulcan Region Bighorn Region CREB Calgary Regional Housing Market Statistics 3
CREB Region CREB ECONOMIC REGION TOTAL SALES 3, 18 CREB ECONOMIC REGION TOTAL SALES BY PRICE RANGE 7, 18 3, 6,,, 1, 1,,,, 3,, 1, 8 9 1 11 1 13 1 1 16 17 18 Detached Apartment Semi Detached Row 1 Year Average CREB ECONOMIC REGION INVENTORY AND SALES 1 16 17 18 CREB ECONOMIC REGION MONTHS OF INVENTORY 1, 1, 1, 8, 6,,, Oct. Nov. Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. '17 '17 '17 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 Inventory Sales Benchmark Price 3, 3,,, 1, 1,,, 8 7 6 3 1 13 1 1 16 17 18 Months of Supply Trended 1 month moving average CREB ECONOMIC REGION PRICE CHANGE 1% 1% % % % 1% 13 1 1 16 17 18 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change CREB ECONOMIC REGION PRICES,,,, 3, 3,,, 1, 1, 13 1 1 16 17 18 Detached Price Apartment Price Row Price Semi Price CREB Calgary Regional Housing Market Statistics
CREB Region DETACHED BENCHMARK PRICE 1,, 9, 8, 7, 6,,, 3,, 1, Calgary Airdrie Rural Chester Cochrane Rural Rocky View mere Foothills High River Okotoks Turner Valley Rural Mtn. View Carstairs Didsbury Rural Strathmore Wheatland YEAR OVER YEAR PRICE GROWTH COMPARISONS % % % % % 6% Calgary Airdrie Rural Chester Rocky View mere Cochrane Rural Foothills High River Okotoks Turner Valley Rural Mtn. View Carstairs Didsbury Rural Strathmore Wheatland TYPICAL HOME ATTRIBUTES DETACHED HOMES Gross Living Area (Above Ground) Lot Size Above Ground Bedrooms Year Built Full Bathrooms Half Bathrooms City of Calgary 1,31,98 3 1991 1 Airdrie 1,39,63 3 1 Rural Rocky View 1,837 3,73 3 1997 1 Cochrane 1,9, 3 1998 1 Chestermere 1,871,11 3 3 1 Rural Foothills 1,73 Unavailable 3 199 High River 1,31,66 3 1996 Okotoks 1,91,973 3 1 Turner Valley 1,1 6,1 3 1993 Rural Mountain View 1,31,999 3 1989 Carstairs 1,98 6,83 3 1 Didsbury 1,38 6, 3 1981 Rural Wheatland 1,98 6, 3 1979 Strathmore 1,6,6 3 CREB Calgary Regional Housing Market Statistics
Calgary CMA December 18 Sales New Listings Sales to New Months of Inventory Listings Ratio Supply Benchmark Price Average Price Median Price Share of Sales Activity City of Calgary 79 1,7 7.8%,9 6.18 18, 6,963, 88% Airdrie 68 66.18% 37 8.33 33, 36,18 3, % Rocky View Region 6 1 1.67% 77 1. 33, 3,366, 7% Calgary CMA 91 1,3 7.96% 6,1 6.7 17,8 9,361 3, 1% CALGARY CMA SALES BY PRICE RANGE 3 CALGARY CMA INVENTORY BY PRICE RANGE 1, 1, 1 1 1, 8 6 Calgary Airdrie Rocky View Region Calgary Airdrie Rocky View Region CALGARY CMA SALES: YEARTODATE CALGARY CMA NEW LISTINGS: YEARTODATE 3, 18 6, 18 3,,,,, 3, 1, 1,,, 1, 8 9 1 11 1 13 1 1 16 17 18 8 9 1 11 1 13 1 1 16 17 18 Calgary Airdrie Rocky View Region Calgary Airdrie Rocky View Region CREB Calgary Regional Housing Market Statistics 6
Calgary CMA CALGARY CMA TOTAL SALES 3, 18 CALGARY CMA TOTAL SALES BY PRICE RANGE 6, 18 3,,, 1, 1,,,, 3,, 1, 8 9 1 11 1 13 1 1 16 17 18 Detached Apartment Semi Detached Row 1 Year Average 1 16 17 18 CALGARY CMA INVENTORY AND SALES CALGARY CMA MONTHS OF INVENTORY 1, 1, 8, 6,,, Oct. Nov. Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. '17 '17 '17 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 Inventory Sales Benchmark Price, 3, 3,,, 1, 1,, 8 7 6 3 1 13 1 1 16 17 18 Months of Supply Trended 1 month moving average CALGARY CMA PRICE CHANGE 1% 1% % % % 1% 13 1 1 16 17 18 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change CALGARY CMA PRICES,,,, 3, 3,,, 1, 1, 13 1 1 16 17 18 Detached Price Apartment Price Row Price Semi Price CREB Calgary Regional Housing Market Statistics 7
Airdrie AIRDRIE TOTAL SALES 1,8 18 AIRDRIE TOTAL SALES BY PRICE RANGE 6 18 1,6 1, 1, 1, 8 3 6 1 8 9 1 11 1 13 1 1 16 17 18 Detached Apartment Semi Detached Row 1 Year Average 1 16 17 18 AIRDRIE INVENTORY AND SALES AIRDRIE MONTHS OF INVENTORY 7 6 3 1 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. '17 '17 '17 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 Inventory Sales Benchmark Price 3, 3, 3, 3, 33, 33, 3, 3, 9 8 7 6 3 1 13 1 1 16 17 18 Months of Supply Trended 1 month moving average AIRDRIE PRICE CHANGE % % 1% 1% % % % 1% 1% % 13 1 1 16 17 18 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change AIRDRIE PRICES,, 3, 3,,, 1, 1, 13 1 1 16 17 18 Detached Price Apartment Price Row Price Semi Price CREB Calgary Regional Housing Market Statistics 8
Rocky View Region Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price December 18 Activity Total Rocky View Region 6 1 1.67% 77 1. 33, 3,366, 1% Rural Rocky View 1 37 7.3% 6 6. 9,1 1,,36 9,3 16% Beiseker 1.% 9. 17, 17, 3% Bragg Creek 1.% 1 % Chestermere 1 9 8.8% 18 9.1 8, 6,7 66,7 3% Cochrane 7 37 7.97% 9 9.9 17,1 3,3, % Crossfield 6 6 1.% 7 7.83 396,, 1% Irricana 3.% 6 % Langdon.% 3 1. 6, 6, 3% Redwood Meadows 1 1 1.% 1 1. 1, 1, % Other 1.% 9 % SALES BY PRICE RANGE INVENTORY BY PRICE RANGE 18 16 1 1 1 1 1 8 6 Rural Rocky View Cochrane Chestermere Beiseker Bragg Creek Crossfield Irricana Langdon Redwood Meadows Rural Rocky View Cochrane Chestermere Beiseker Bragg Creek Crossfield Irricana Langdon Redwood Meadows ROCKY VIEW SALES: YEARTODATE, 18 ROCKY VIEW NEW LISTINGS: YEARTODATE, 18, 3, 3, 1,,, 1, 1, 1, 8 9 1 11 1 13 1 1 16 17 18 8 9 1 11 1 13 1 1 16 17 18 Rural Rocky View Cochrane Chestermere Beiseker Bragg Creek Crossfield Irricana Langdon Redwood Meadows Rural Rocky View Cochrane Chestermere Beiseker Bragg Creek Crossfield Irricana Langdon Redwood Meadows CREB Calgary Regional Housing Market Statistics 9
Cochrane COCHRANE TOTAL SALES 8 18 COCHRANE TOTAL SALES BY PRICE RANGE 18 7 6 1 3 1 1 8 9 1 11 1 13 1 1 16 17 18 Detached Apartment Semi Detached Row 1 Year Average 1 16 17 18 COCHRANE INVENTORY AND SALES COCHRANE MONTHS OF INVENTORY 3 3 1 1 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. '17 '17 '17 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 Inventory Sales Benchmark Price, 3, 3,,, 1, 1,,, 39, 39, 1 1 8 6 13 1 1 16 17 18 Months of Supply Trended 1 month moving average COCHRANE PRICE CHANGE % 1% 1% % % % 1% 1% 13 1 1 16 17 18 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change COCHRANE PRICES,,, 3, 3,,, 1, 1, 13 1 1 16 17 18 Detached Price Apartment Price Row Price Semi Price CREB Calgary Regional Housing Market Statistics 1
Chestermere CHESTERMERE TOTAL SALES 18 3 3 1 1 8 9 1 11 1 13 1 1 16 17 18 CHESTERMERE TOTAL SALES BY PRICE RANGE 18 1 1 8 6 Detached Apartment Semi Detached Row 1 Year Average 1 16 17 18 CHESTERMERE INVENTORY AND SALES CHESTERMERE MONTHS OF INVENTORY 1 1 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. '17 '17 '17 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 Inventory Sales Benchmark Price, 9, 9, 8, 8, 7, 7, 6, 6,, 16 1 1 1 8 6 13 1 1 16 17 18 Months of Supply Trended 1 month moving average CHESTERMERE PRICE CHANGE % 1% 1% % % % 1% 1% 13 1 1 16 17 18 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change CHESTERMERE PRICES,,,, 3, 3,,, 1, 1, 13 1 1 16 17 18 Detached Price Apartment Price Row Price Semi Price CREB Calgary Regional Housing Market Statistics 11
Rural Rocky View RURAL ROCKY VIEW TOTAL SALES 18 3 3 1 1 8 9 1 11 1 13 1 1 16 17 18 RURAL ROCKY VIEW TOTAL SALES BY PRICE RANGE 18 16 1 1 1 8 6 Detached Apartment Semi Detached Row 1 Year Average 1 16 17 18 RURAL ROCKY VIEW INVENTORY AND SALES RURAL ROCKY VIEW MONTHS OF INVENTORY 3 3 1 1 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. '17 '17 '17 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 Inventory Sales Benchmark Price 96, 9, 9, 9, 88, 86, 8, 6 3 1 13 1 1 16 17 18 Months of Supply Trended 1 month moving average RURAL ROCKY VIEW PRICE CHANGE % 1% 1% % % % 1% 1% % 13 1 1 16 17 18 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change RURAL ROCKY VIEW PRICES 1,3, 1,1, 9, 7,, 3, 1, 13 1 1 16 17 18 Detached Price Apartment Price Row Price Semi Price CREB Calgary Regional Housing Market Statistics 1
Foothills Region Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price December 18 Activity Total Foothills Region 38 79 8.1% 67 17.7 373,8 68,978 376, 1% Rural Foothills 8 1 8.% 16 19. 7,7 88,7 83, 1% Black Diamond 8.% 19 % Blackie 1.% 3 % Cayley 1.% 3 % De Winton 1 1 1. 8, 8, 3% Heritate Pointe 1 3 33.33%. 778, 778, 3% High River 11 16 68.7% 96 8.73 337, 91,7 6,1 9% Okotoks 1 37 37.8% 1 1.36 13, 39,386 376, 37% Turner Valley 3 1.% 6.67 9, 8,667 317, 8% Priddis Greens 1.% 11 % Longview % Other % SALES BY PRICE RANGE 16 INVENTORY BY PRICE RANGE 1 1 1 1 9 8 7 6 8 6 3 1 Okotoks High River Rural Foothills Heritage Pointe Black Diamond Blackie Cayley Longview Turner Valley De Winton Priddis Greens Other Okotoks High River Rural Foothills Heritage Pointe Black Diamond Blackie Cayley Longview Turner Valley De Winton Priddis Greens Other FOOTHILLS SALES: YEARTODATE 1,6 18 FOOTHILLS NEW LISTINGS: YEARTODATE 3, 18 1, 3, 1,, 1, 8 6, 1, 1, 8 9 1 11 1 13 1 1 16 17 18 8 9 1 11 1 13 1 1 16 17 18 Okotoks High River Rural Foothills Heritage Pointe Black Diamond Blackie Cayley Longview Turner Valley De Winton Priddis Greens Okotoks High River Rural Foothills Heritage Pointe Black Diamond Blackie Cayley Longview Turner Valley De Winton Priddis Greens CREB Calgary Regional Housing Market Statistics 13
Okotoks OKOTOKS TOTAL SALES 18 9 8 7 6 3 1 8 9 1 11 1 13 1 1 16 17 18 OKOTOKS TOTAL SALES BY PRICE RANGE 18 16 1 1 1 8 6 18 Detached Apartment Semi Detached Row 1 Year Average 1 16 17 18 OKOTOKS INVENTORY AND SALES OKOTOKS MONTHS OF INVENTORY 3 3 1 1 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. '17 '17 '17 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 Inventory Sales Benchmark Price, 3, 3,,, 1, 1,,, 39, 16 1 1 1 8 6 13 1 1 16 17 18 Months of Supply Trended 1 month moving average OKOTOKS PRICE CHANGE 1% 1% % % % 1% 13 1 1 16 17 18 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change OKOTOKS PRICES,,, 3, 3,,, 1, 1, 13 1 1 16 17 18 Detached Price Apartment Price Row Price Semi Price CREB Calgary Regional Housing Market Statistics 1
Rural Foothills RURAL FOOTHILLS TOTAL SALES 18 1 1 8 9 1 11 1 13 1 1 16 17 18 RURAL FOOTHILLS TOTAL SALES BY PRICE RANGE 18 1 9 8 7 6 3 1 Detached Apartment Semi Detached Row 1 Year Average 1 16 17 18 RURAL FOOTHILLS INVENTORY AND SALES RURAL FOOTHILLS MONTHS OF INVENTORY 3 1 1 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. '17 '17 '17 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 Inventory Sales Benchmark Price 9, 8, 7, 6,,, 3,, 1, 6 3 1 13 1 1 16 17 18 Months of Supply Trended 1 month moving average RURAL FOOTHILLS PRICE CHANGE 1% 1% % % % 1% 13 1 1 16 17 18 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change RURAL FOOTHILLS PRICES,,,, 3, 3,,, 1, 1, 13 1 1 16 17 18 Detached Price Apartment Price Row Price Semi Price CREB Calgary Regional Housing Market Statistics 1
Wheatland Region Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price December 18 Activity Total Wheatland Region* 1 3 33.33% 196 19.6 16, 6,7,87 1% Rural Wheatland* 1 3 33.33% 3 3. 16, 66, 66, 1% Carseland* 3 % Lyalta* 8 % Rockyford* 1 3 33.33% 6 6. 177, 177, 1% Strathmore 7 31.8% 131 18.71 379,8 8,393 87,7 7% Gleichen 1 1 1.% 1 1.,, 1% Other* 1.% 18 18.,, 1% *Data within these areas many not accurately reflect total resale activity and trends SALES BY PRICE RANGE INVENTORY BY PRICE RANGE 3 3 1 3 3 1 1 1 Strathmore Rural Wheatland Carseland Strathmore Rural Wheatland Carseland Lyalta Rockyford Other Lyalta Rockyford Other WHEATLAND SALES: YEARTODATE 18 6 3 1 8 9 1 11 1 13 1 1 16 17 18 WHEATLAND NEW LISTINGS: YEARTODATE 18 1, 9 8 7 6 3 1 8 9 1 11 1 13 1 1 16 17 18 Strathmore Rural Wheatland Carseland Strathmore Rural Wheatland Carseland Lyalta Rockyford Lyalta Rockyford CREB Calgary Regional Housing Market Statistics 16
Strathmore STRATHMORE TOTAL SALES 7 6 3 1 18 STRATHMORE TOTAL SALES BY PRICE RANGE 18 1 1 1 8 6 8 9 1 11 1 13 1 1 16 17 18 Detached Apartment Semi Detached Row 1 Year Average 1 16 17 18 STRATHMORE INVENTORY AND SALES STRATHMORE MONTHS OF INVENTORY 18 16 1 1 1 8 6 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. '17 '17 '17 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 '18 Inventory Sales Benchmark Price 1,,, 39, 39, 38, 38, 37, 37, 36, 1 1 13 1 1 16 17 18 Months of Supply Trended 1 month moving average STRATHMORE PRICE CHANGE 1% 1% % % % 1% 13 1 1 16 17 18 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change STRATHMORE PRICES,, 3, 3,,, 1, 1, 13 1 1 16 17 18 Detached Price Apartment Price Row Price Semi Price CREB Calgary Regional Housing Market Statistics 17
Mountain View Region Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price December 18 Activity Total Mountain View Region* 16 33 8.8% 33.7 97,6 39,6 83, 1% Rural Mountain View* 6 66.67% 79 19.7 8, 6,, % Carstairs 1.% 6 1. 36,7 39,6 396,7 % Cremona 1 3 3. 3, 3, 6% Didsbury 1.% 6 9. 9, 7, 67, 31% Olds* 6 33.33% 96 8. 33,1 68,7 68,7 13% Sundre* 6.% 61, % Other* 6 % *Data within these areas many not accurately reflect total resale activity and trends SALES BY PRICE RANGE 1 INVENTORY BY PRICE RANGE 9 9 8 8 7 6 3 1 7 6 3 1 Rural Mountain View Didsbury Olds Rural Mountain View Didsbury Olds Sundre Carstairs Cremona Sundre Carstairs Cremona Other Other MOUNTAIN VIEW SALES: YEARTODATE 7 18 MOUNTAIN VIEW NEW LISTINGS: YEARTODATE 18 1, 6 3 1 1, 8 6 8 9 1 11 1 13 1 1 16 17 18 8 9 1 11 1 13 1 1 16 17 18 Rural Mountain View Didsbury Olds Sundre Carstairs Cremona Rural Mountain View Didsbury Olds Sundre Carstairs Cremona CREB Calgary Regional Housing Market Statistics 18
Kneehill Region Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price December 18 Activity Total Kneehill Region* 8 16.% 8 1. 16,7 139, 1% Rural Kneehill* 1 9 9. 6, 6, 13% Acme* 1 1 1.% 8 8. 8, 8, 13% Linden* % Three Hills* 1.% 3 1. 13, 13, % Torrington* 1 1 1.% 1 1. 13, 13, 13% Trochu* 3 1 3.% 7.33 1,667 16, 38% Other* 1.% 7 % *Data within these areas many not accurately reflect total resale activity and trends SALES BY PRICE RANGE 6 INVENTORY BY PRICE RANGE 3 3 3 1 1 1 Rural Kneehill Three Hills Acme Rural Kneehill Three Hills Acme Linden Trochu Other Linden Trochu Other KNEEHILL SALES: YEARTODATE KNEEHILL NEW LISTINGS: YEARTODATE 1 18 18 1 8 1 6 1 8 9 1 11 1 13 1 1 16 17 18 8 9 1 11 1 13 1 1 16 17 18 Rural Kneehill Three Hills Acme Rural Kneehill Three Hills Acme Linden Trochu Linden Trochu CREB Calgary Regional Housing Market Statistics 19
Willow Creek Region Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price December 18 Activity Total Willow Creek Region* 1 1.67% 99 19.8 333,7 31, 1% Rural Willow Creek* 1.% 13 13. 79, 79, % Claresholm* 1 6 16.67% 39 39. 11, 11, % Nanton* 3 66.67% 3 1. 8,6 8,6 % Stavely* 1 1 1.% 1 1. 3, 3, % Other* 3 % *Data within these areas many not accurately reflect total resale activity and trends SALES BY PRICE RANGE INVENTORY BY PRICE RANGE 3 3 3 1 1 1 Rural Willow Creek Claresholm Nanton Stavely Other Rural Willow Creek Claresholm Nanton Stavely Other WILLOW CREEK SALES: YEARTODATE 18 16 1 1 1 8 6 18 WILLOW CREEK NEW LISTINGS: YEARTODATE 18 3 3 1 1 8 9 1 11 1 13 1 1 16 17 18 8 9 1 11 1 13 1 1 16 17 18 Rural Willow Creek Claresholm Nanton Stavely Rural Willow Creek Claresholm Nanton Stavely CREB Calgary Regional Housing Market Statistics
Vulcan Region Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price December 18 Activity Total Vulcan Region* 3 6.% 61.33 6, 68, 1% Rural Vulcan* 1.% 1 % Vulcan* 3 1.% 6 8.67 6, 68, 1% Carmangay* 1.% % Champion* % Other* 1.% 7 % *Data within these areas many not accurately reflect total resale activity and trends SALES BY PRICE RANGE INVENTORY BY PRICE RANGE 1 1 1 Rural Vulcan Vulcan Carmangay Rural Vulcan Vulcan Carmangay Champion Other Champion Other VULCAN SALES: YEARTODATE 1 18 VULCAN NEW LISTINGS: YEARTODATE 18 9 18 8 16 7 1 6 1 1 8 3 6 1 8 9 1 11 1 13 1 1 16 17 18 8 9 1 11 1 13 1 1 16 17 18 Rural Vulcan Vulcan Carmangay Champion Rural Vulcan Vulcan Carmangay Champion CREB Calgary Regional Housing Market Statistics 1
Bighorn Region Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price December 18 Activity Total Bighorn Region* 1 16 7.% 9 7. 71,6 687, 1% Rural Bighorn* 1 3 3.,, 8% Canmore* 9 1 6.9% 8 9.11 76,68 73, 7% Other* 1.%. 8,88 8,88 17% *Data within these areas many not accurately reflect total resale activity and trends SALES BY PRICE RANGE INVENTORY BY PRICE RANGE 3 3 3 1 1 1 Canmore Other Rural Bighorn Canmore Other Rural Bighorn BIGHORN SALES: YEARTODATE 3 18 BIGHORN NEW LISTINGS: YEARTODATE 1, 18 1, 8 1 6 1 8 9 1 11 1 13 1 1 16 17 18 8 9 1 11 1 13 1 1 16 17 18 Canmore Rural Bighorn Canmore Rural Bighorn CREB Calgary Regional Housing Market Statistics
CREB Definitions BIGHORN* Rural Bighorn M.D. Benchlands** Canmore* Exshaw** Ghost Lake** Harvie Heights** Lac des Arcs** Seebe** FOOTHILLS Rural Foothills M.D. Aldersyde** Black Diamond Blackie Cayley De Winton Heritage Pointe High River Longview** Millarville** Okotoks Priddis** Priddis Greens Turner Valley KNEEHILL* Rural Kneehill County Acme Carbon** Huxley** Linden Swalwell** Three Hills Torrington** Trochu MOUNTAIN VIEW* Rural Mountain View County Bearberry** Bergen** Carstairs Cremona Didsbury Eagle Hill** Elkton** Olds* Sundre* Water Valley** Westward Ho** ROCKY VIEW Rural Rocky View County Balzac** Beiseker Bottrel** Bragg Creek Chestermere Cochrane Cochrane Lake** Conrich** Crossfield Dalemead** Dalroy** Delacour** Indus** Irricana Janet** Kathyrn** Keoma** Langdon Madden** Redwood Meadows VULCAN* Rural Vulcan County* Arrowwood** Brand** Carmangay* Champion* Ensign** Herronton** Kirkcaldy** Lomond** Milo** Mossleigh** Queenstown** Shouldice** Travers** WHEATLAND* Rural Wheatland County* Ardenode** Carseland* Chancellow** Cheadle** Cluny** Dalum** Gleichen** Hussar** Lyalta* Namaka** Rockyford* Rosebud** WILLOW CREEK* Rural Willow Creek County* Claresholm* Fort Macleod** Granum** Nanton* Parkland** CREB REPORTING REGIONS * Data within these areas may not accurately reflect total resale activity and trends. CREB resale data only includes activity occurring within our membership. For the identified areas, the data could be missing a signification portion of transactions as not all active Realtors in the area are a member of the CREB board. ** Resale activity in these areas does not meet the minimum reporting standard. 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 price level. Absorption Rate refers to the ratio between the amounts of sales occurring in the market relative to the amount of active listings / Inventory. Months of Supply refers to the ratio between inventory and sales and represents at the current pace of sales how long it would take to sell existing inventory and the current rate of sales. Detached A unit that is not attached to any other unit. Semidetached A single dwelling built as one of a pair that shares 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 Highrise and lowrise condominium properties 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. Rural Data represents activity occurring within the broader region but not in any specific town/hamlet/village within the region. ABOUT CREB CREB is a professional body of more than,1 licensed brokers and registered associates, representing 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 Calgary Regional Housing Market Statistics 3