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 inventory in the city s housing market. As a result, prices are being affected. It is not a surprise that slowing activity in the housing market has persisted into February, said CREB chief economist AnnMarie Lurie. There has been no substantial change in the economic climate and concerns regarding potential layoffs in the energy sector are weighing on confidence. As of February, citywide benchmark prices were $1,. This is nearly five per cent below last February, slightly lower than last month s figures and over 1 per cent below highs recorded in 1. While the market remains oversupplied, slower sales and price declines do appear to be influencing sellers. New listings this month eased by eight per cent compared to last year for a total of,11 units. However, the 9 sales this month were not enough to substantially impact inventories levels, which remain elevated at,88 units. HOUSING MARKET FACTS Detached After the first two months of the year, detached sales were 1,9 units. This is 13 per cent below last year s levels and nearly 3 per cent below longterm averages. Sales eased across all city districts except the North West. Activity remained well below normal levels across all districts of the city. The adjustments in new listings ranged from a 1 per cent increase in the North West district to a decline of 3 per cent in the North district. Overall, yeartodate new listings were, units, nearly two per cent below last year s levels. Despite some adjustments in new listings, average inventories in the detached sector so far this year rose by per cent compared to last year. However, some of the most affordable detached areas, including the North East and East districts, have seen inventories fall compared to last year. With detached months of inventory remaining above five months, prices continue to trend down. In February, citywide detached benchmark prices were $.,. per cent below last month and over five per cent below levels recorded last February. Apartment Despite the relative affordability of apartment product, sales activity remained slow with 19 sales. Unlike the detached sector, the seventh consecutive yearoveryear decline in new listings is starting to have an impact on inventory levels. In February, inventory levels totalled 1,31 units. This is nine per cent below levels recorded last year. Inventories did ease, but slow sales in February kept the months of supply near nine months. Apartment condominium prices were $,3 in February, a 1. per cent decline compared to last year, but similar to levels recorded last month. Apartment condo prices have fallen by 1 per cent over the previous monthly highs. Citywide benchmark prices have eased, but some districts of the city have recorded modest gains. This is not enough to erase previous declines, but points toward price stability in parts of the market. Attached Conditions remained relatively unchanged in the attached sector, as months of inventory remained near seven months and prices have remained unchanged from last month, but over four per cent below last year s levels. Like the apartment sector, activity can vary significantly depending on location. Benchmark prices for semidetached product eased by over five per cent compared to last year, with the steepest declines occurring in the South and City Centre districts. Prices slightly improved in the North district. Row prices declined by nearly four per cent compared to last year. Unlike the semidetached sector, prices eased across all districts compared to last year and remain nearly 1 per cent below monthly highs. MONTHS OF SUPPLY AND PRICE CHANGES 9 DETACHED 8 3 3 1 8 9 1 11 1 13 1 1 1 1 18 19 Months of Supply Trended Y/Y Benchmark Price Change CREB Monthly Statistics
Summary Stats DETACHED Feb18 Feb19 Y/Y % Change 19 18 19 % Change Total Sales 3 93 9.19% 1,3 1,9 1.% Total Sales Volume $3,9,139 $3,8,1 1.1% $9,38, $,1,8 1.31% New Listings 1,9 1,18 8.%,83, 1.1% Inventory,9,98 1.%,33 #N/A #N/A Months of Supply 3.. 33.% 3. #N/A #N/A Sales to New Listings Ratio.%.8%.3%.89%.1%.8% Sales to List Price Ratio 9.31% 9.%.8% 9.% 9.%.99% Days on Market 38.3% 9 3.1% Benchmark Price $,1 $,.8% $, $,.8% Median Price $9, $9,9.% $8, $1,.% Average Price $,39 $,9.9% $1,3 $3,13. Index 19.9% #N/A #N/A APARTMENT Total Sales 19 19.3% 3 19.9% Total Sales Volume $,3,33 $,9,18 33.1% $1,9,8 $,,33.9% New Listings 9 1.% 1,13 9 1.% Inventory 1,3 1,31 9. 1,33 #N/A #N/A Months of Supply.9 8.3 19.9%.9 #N/A #N/A Sales to New Listings Ratio 3.1% 33.18% 3.3% 3.1% 8. 1.1% Sales to List Price Ratio 9.9% 9.8% 1.1% 9.13% 9.% 1.3% Days on Market 8 1. 1. Benchmark Price $, $,3 1.1% $, $1,8 1.8% Median Price $, $,.1% $, $3,9.9% Average Price $3,9 $8,11 1.9% $31,3 $81,8 1.1% Index 1 1 1.9% 1 #N/A #N/A ATTACHED Total Sales 39 3.9% 9 9.1% Total Sales Volume $9,991,838 $8,8,19 1.% $183,83,81 $11,1,9 1.8% New Listings 8.8% 1,1 1, 11.% Inventory 1,31 1,9 1.% 1,31 #N/A #N/A Months of Supply.9.8.3%. #N/A #N/A Sales to New Listings Ratio.38%.8% 1.89% 1. 33.39%.1% Sales to List Price Ratio 9.% 9.9%.9% 9.% 9.3%.99% Days on Market 11.% 1 9 13.11% Benchmark Price $38, $313,8. $38, $313,.9% Median Price $33,9 $3, 3.1% $3, $3,.38% Average Price $,8 $39,8 8.8% $391,83 $38,1 3.3% Index 19 18.8% 19 #N/A #N/A CITY OF CALGARY Total Sales 1,89 9 1.38%,8 1,8 13.9% Total Sales Volume $3,88,313 $,,89 1.18% $98,19,18 $81,8,9 1.% New Listings,3,11.99%,89,8 1.% Inventory,,88 13.,9 #N/A #N/A Months of Supply.8.3.11%.81 #N/A #N/A Sales to New Listings Ratio.3%.1% 1.18%.1% 3..9% Sales to List Price Ratio 9.1% 9.9%.8% 9.1% 9.11% 1.1% Days on Market 1 3.% 1.8% Benchmark Price $3, $1,.% $33, $1,.3% Median Price $, $399,9.91% $, $39,.9% Average Price $93,8 $1,9.% $81,38 $,.1% Index 191.% 199 #N/A #N/A For a list of definitions, see page. CREB Monthly Statistics 3
Summary Stats 19 CITY OF CALGARY SEMIDETACHED Feb18 Feb19 Y/Y % Change 18 19 % Change Total Sales 1 1 1.89% 189.8 Total Sales Volume $3,9,13 $8,3,1 1.39% $99,3, $9,, 8.9% Share of Sales with Condo Title 1.9%.3% 11.19% 1.% #N/A #N/A New Listings. 8 1.1% Inventory 33 89 9.% 9 #N/A #N/A Months of Supply.3.3 31.%.8 #N/A #N/A Sales to New Listings Ratio 3.9%.3%.%.1% 33.% 9.% Sales to List Price Ratio 9.% 9.% 1.1% 9.% 9. 1.3% Days on Market 8 9 3.1% 3 1.% Benchmark Price $1, $39,.% $1, $39,8.1% Median Price $,81 $38,9.3% $39, $389, 1.% Average Price $9,1 $,1 8.% $8, $9,98 1.% Index 1 198.% 9 #N/A #N/A CITY OF CALGARY ROW Total Sales 133 13.% 3 1.3% Total Sales Volume $3,19, $38,183,9 11.% $8,,3 $,1,88 1.1% Share of Sales with Condo Title 9.98% 8.%.3% 91.9% #N/A #N/A New Listings 318 3 1.% 11.8% Inventory 9 98 1.% 1 #N/A #N/A Months of Supply.8.98 19.%.1 #N/A #N/A Sales to New Listings Ratio 1.8%.3% 1.% 39.% 33.33%.3% Sales to List Price Ratio 9. 9.3%.% 9.81% 9.8%.33% Days on Market 3.91% 3 1.31% Benchmark Price $9, $8, 3.% $9,1 $8, 3.9% Median Price $3, $83,.% $9, $8,.3 Average Price $33,3 $93,3 9.19% $319,1 $9,.% Index 18 18 3.3% 18 #N/A #N/A CITY OF CALGARY ATTACHED Total Sales 39 3.9% 9 9.1% Total Sales Volume $9,991,838 $8,8,19 1.% $183,83,81 $11,1,9 1.8% Share of Sales with Condo Title 8.8%. 1.% 9. #N/A #N/A New Listings 8.8% 1,1 1, 11.% Inventory 1,31 1,9 1.% 1,31 #N/A #N/A Months of Supply.9.8.3%. #N/A #N/A Sales to New Listings Ratio.38%.8% 1.89% 1. 33.39%.1% Sales to List Price Ratio 9.% 9.9%.9% 9.% 9.3%.99% Days on Market 11.% 1 9 13.11% Benchmark Price $38, $313,8. $38, $313,.9% Median Price $33,9 $3, 3.1% $3, $3,.38% Average Price $,8 $39,8 8.8% $391,83 $38,1 3.3% Index 19 18.8% 19 #N/A #N/A For a list of definitions, see page. CREB Monthly Statistics
Calgary Districts Yearoveryear benchmark price change Monthovermonth benchmark price change February 19 Sales New Listings Sales to New Listings Ratio Inventory Months of Supply Benchmark Price Detached City Centre 1 18.9% 1.3 $,.8%.% North East 18.% 31. $3,9.3%.9% North 8 1.% 38. $1,8 3.9%.% North West 13 19.9% 3.88 $3,.33%.3% West 1 1. 38. $8,. 1.1% South 11 1.1% 11. $38,3.8%.% South East 9 181 3.9% 1. $31,3 3.%.8% East 18. 9 3.83 $3,1 1.9%.% TOTAL CITY 93 1,18.8%,98. $,.8%.19% Apartment City Centre 8 38 8.% 1 9.8 $8,1 1.%.1% North East 9.% 3. $3,3.18%.3% North 9 33.33% 8. $,.%.91% North West 11 3 3.% 18 9.8 $,8 3.3%.3% West.81% 13.1 $3,8 3.1% 3.% South 1 3. 1 9. $1, 3.%.8% South East 1 3. 11.31 $, 3.%.% East 13 1.38% 31 1. $19, 3.8% 1.8 TOTAL CITY 19 9 33.18% 1,31 8.3 $,3 1.1%. Semidetached City Centre 11.% 3 1.31 $13,.89%.% North East 1 3.% 3 3.9 $88,.1%.3% North 9 19.3% 1. $3, 1..1% North West 1 1 9.1%.81 $3,3.%.3 West 3 3.33% 3 9. $8,.9% 1.33% South 1 3 3.33%.19 $39,.83%.% South East 8 18.%.88 $3,.18%.3% East 1..1 $8, 1.91%.98% TOTAL CITY 1.3% 89.3 $39,.%.1% Row City Centre 1 81 19.% 1. $3,3.9%. North East 18. 19. $19,1.% 1.3 North 3.1% 131. $9,3.3%.8% North West 1 3.% 9. $98,.%.1% West 1 3 8.33% 1. $38, 1. 1.% South 1.% 1. $,.9% 1. South East 19 39 8.% 19. $8,.3% 1.8% East 8.% 3 11. $18,1 1.8.8% TOTAL CITY 13 3.3% 98.98 $8, 3.%.11% *Total city figures can include activity from areas not yet represented by a community / district 19 CREB Monthly Statistics
District Trends 19 TOTAL SALES 3, FEBRUARY,, 1, 1, ' ' ' '8 '9 '1 '11 '1 City Centre South East South West North West North North East East '13 '1 '1 '1 '1 '19 TOTAL INVENTORY FEBRUARY 8,,,,, 3,, 1, ' ' ' '8 '9 '1 '11 '1 '13 '1 '1 City Centre South East South West North West North North East East '1 '1 '19 MONTHS OF SUPPLY 18. 1. 1. 1. 1. 8.... Detached Apartment Semi Detached Row City Centre South East South West North West North North East East Calgary FEBRUARY CREB Monthly Statistics
Price Comparisons 19 BENCHMARK PRICE FEBRUARY 8,,,,, 3,, 1, Detached Apartment Semi Detached Row Total Residential City Centre North East North North West West South South East East Calgary YEAR OVER YEAR PRICE GROWTH COMPARISON FEBRUARY % % 1% Detached Apartment Semi Detached Row Total Residential City Centre North East North North West West South South East East Calgary TYPICAL HOME ATTRIBUTES DETACHED HOMES City Centre North East North North West West South South East East City of Calgary Gross Living Area (Above Ground) 1,33 1,1 1,338 1,1 1,3 1,3 1,8 1,91 1,31 Lot Size,8,,39,38,,,3,8,98 Above Ground Bedrooms 3 3 3 3 3 3 3 3 Year Built 191 198 199 199 199 1983 1999 19 1991 Full Bathrooms Half Bathrooms 1 1 1 1 1 1 1 CREB Monthly Statistics
District Graphs TOTAL INVENTORY BY PRICE RANGE FEBRUARY 1, 1, 1, 8 TOTAL SALES BY PRICE RANGE FEBRUARY 3 1 1 19 <$, $, $99,999 $3, $399,999 $, $99,999 $, $99,999 $, $99,999 $, 999,999 $1,,+ City Centre North East North North West West South South East East <$, $, $99,999 $3, $399,999 $, $99,999 $, $99,999 $, $99,999 $, 999,999 $1,,+ City Centre North East North North West West South South East East SALES BY PROPERTY TYPE FEBRUARY SHARE OF CITY WIDE SALES FEBRUARY 1 18 1 1 1 1 8 1 1 1 1 19 1 1 8 11 8 1 1 18 9 1 9 11 13 9 1 8 18 City Centre North East North North West West South South East East 9 8 3 1% % 1% 11% 1% 1% 1% 1% % 1% 1% 8% % 11% 1% 9% % 11% 1% % 3% 1% 1% 11% 1% 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 8
Total Residential 19 Jan. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. 18 1/1/18 /1/18 3/1/18 /1/18 /1/18 /1/18 /1/18 8/1/18 9/1/18 1/1/18 11/1/18 1/1/18 Sales 99 1,89 1,39 1,1 1, 1,89 1, 1,91 1,8 1,3 1,13 9 New Listings,,3 3, 3,,3 3,89,9 3, 3,8,38 1,91 1, Inventory,,,389,33 8,9 8,831 8, 8,11,93,31,38,918 Days on Market 1 1 3 9 Benchmark Price 3, 3, 3, 3, 3, 3, 3, 3, 8,,3, 18, Median Price 1,, 39, 3, 8, 3, 3,, 1, 1, 39,, Average Price 8,3 93,8 9,3 8,11 9, 9,3 9, 83,,9 8, 3,3 8,3 Index 199 1 1 1 199 19 19 19 193 19 1/1/19 /1/19 3/1/19 /1/19 /1/19 /1/19 /1/19 8/1/19 9/1/19 1/1/19 11/1/19 1/1/19 Sales 8 9 New Listings,,11 Inventory,98,88 Days on Market Benchmark Price 1,8 1, Median Price 391, 399,9 Average Price 1,9 1,9 Index 191 191 Feb18 Feb19 18 19 CALGARY TOTAL SALES /1/18 /1/19 /1/18 /1/19 >$1, 1 $1, $199,999 8 9 113 119 $, $99,999 1 1 93 8 $3, $ 39,999 1 1 18 $3, $399,999 13 1 1 8 $, $9,999 13 118 8 $, $99,999 11 9 188 19 $, $9,999 9 1 1 1 $, $99,999 3 1 8 $, $9,999 9 81 $, $99,999 3 $, $99,999 93 3 $8, $899,999 1 3 9 $9, $999,999 1 1 9 19 $1,, $1,9,999 13 $1,, $1,99,999 18 1 $1,, $1,9,999 1 $1,, $1,999,999 3 8 $,, $,99,999 3 $,, $,999,999 $3,, $3,99,999 1 1 $3,, $3,999,999 1 $,, + 1 1 1,89 9,8 1,8 CITY OF CALGARY TOTAL SALES BY PRICE RANGE 3 1 <$, $, $99,999 $3, $399,999 $, $99,999 $, $99,999 $, $99,999 1 1 18 19 $, 999,999 $1,,+ CREB Monthly Statistics 9
CITY OF CALGARY TOTAL SALES 3, 3,,, 1, 1, Total Residential 19 CITY OF CALGARY TOTAL NEW LISTINGS,,,, 3,, 1, 9 1 11 1 13 1 1 1 1 18 19 9 1 11 1 13 1 1 1 1 18 19 Detached Apartment Semi Detached Row 1 Year Average Detached Apartment Semi Detached Row 1 Year Average CITY OF CALGARY TOTAL INVENTORY AND SALES 1, 9, 8,,,, 3, 3,, CITY OF CALGARY TOTAL MONTHS OF INVENTORY 8,, 3,, 1, Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Inventory Sales Benchmark Price Jan. '19 '19, 1, 1,,, 3 1 1 1 1 1 18 19 Months of Supply Trended 1 month moving average inventory CITY OF CALGARY TOTAL PRICE CHANGE 1% % % 1 1 1 1 18 19 Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change CITY OF CALGARY TOTAL PRICES,, 8,,,,, 38, 3, 3, 3, 1 1 1 1 18 19 Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 1
Detached 19 Jan. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. 18 1/1/18 /1/18 3/1/18 /1/18 /1/18 /1/18 /1/18 8/1/18 9/1/18 1/1/18 11/1/18 1/1/18 Sales 8 3 8 9 1,9 1,9 98 98 88 89 8 9 New Listings 1,88 1,9 1,8,,1,3 1,3 1,8 1,8 1,389 1,8 Inventory,,9 3,9 3,,,81,9,,3 3,988 3,9,99 Days on Market 3 1 1 9 1 Benchmark Price 98,,1,8 3,8 3,,1, 9, 93,1 9, 8, 81, Median Price, 9, 9, 9,, 9, 8, 8,,,,, Average Price,11,39 8, 8,8,3 3,9, 3, 39, 3, 3,883 11,13 Index 3 1 198 19 1/1/19 /1/19 3/1/19 /1/19 /1/19 /1/19 /1/19 8/1/19 9/1/19 1/1/19 11/1/19 1/1/19 Sales 8 93 New Listings 1,3 1,18 Inventory,8,98 Days on Market Benchmark Price,, Median Price 3,9 9,9 Average Price 1,33,9 Index 19 19 Feb18 Feb19 18 19 CALGARY TOTAL SALES /1/18 /1/19 /1/18 /1/19 >$1, $1, $199,999 1 1 $, $99,999 1 19 $3, $ 39,999 9 1 $3, $399,999 93 13 1 1 $, $9,999 11 98 18 11 $, $99,999 8 8 1 13 $, $9,999 8 1 111 $, $99,999 8 111 3 $, $9,999 3 19 39 $, $99,999 3 39 $, $99,999 38 8 8 $8, $899,999 1 1 9 $9, $999,999 1 1 1 $1,, $1,9,999 1 1 33 18 $1,, $1,99,999 13 19 1 $1,, $1,9,999 8 3 $1,, $1,999,999 3 8 $,, $,99,999 $,, $,999,999 $3,, $3,99,999 1 1 $3,, $3,999,999 1 $,, + 1 1 3 93 1,3 1,9 CITY OF CALGARY DETACHED SALES BY PRICE RANGE 3 3 1 1 <$, $, $99,999 $3, $399,999 $, $99,999 $, $99,999 $, $99,999 1 1 18 19 $, 999,999 $1,,+ CREB Monthly Statistics 11
CITY OF CALGARY DETACHED SALES,, 1, 1, Detached 19 CITY OF CALGARY DETACHED NEW LISTINGS, 3, 3,,, 1, 1, 9 1 11 1 13 1 1 1 1 18 19 9 1 11 1 13 1 1 1 1 18 19 Detached 1 Year Average Detached 1 Year Average CITY OF CALGARY DETACHED INVENTORY AND SALES CITY OF CALGARY DETACHED MONTHS OF INVENTORY,,, 3,, 1, Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Inventory Sales Benchmark Price Jan. '19 '19 1,,, 9, 9, 8, 8,,,,, 3 1 1 1 1 1 18 19 Months of Supply Trended 1 month moving average inventory CITY OF CALGARY DETACHED PRICE CHANGE 1% CITY OF CALGARY DETACHED PRICES, % %,,,, 3, 1 1 1 1 18 19 Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change 3, 1 1 1 1 18 19 Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 1
Apartment 19 Jan. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. 18 1/1/18 /1/18 3/1/18 /1/18 /1/18 /1/18 /1/18 8/1/18 9/1/18 1/1/18 11/1/18 1/1/18 Sales 1 19 19 1 8 9 1 13 1 New Listings 88 1 9 1 3 3 13 Inventory 1,9 1,3 1,9 1,83 1,9 1,8 1,81 1,8 1, 1,8 1,3 1,3 Days on Market 8 9 9 9 1 9 Benchmark Price,,,,8, 9,3 9,9 8,1,,,8 1, Median Price,,,,,,, 8,,, 1,3, Average Price 98,9 3,9 3, 8,118 89,1 9,3 8,89 9,8 3,9 8,19,89 83,19 Index 1 1 18 18 1 19 18 18 18 18 1 1 19 1/1/19 /1/19 3/1/19 /1/19 /1/19 /1/19 /1/19 8/1/19 9/1/19 1/1/19 11/1/19 1/1/19 Sales 1 19 New Listings 1 9 Inventory 1,19 1,31 Days on Market 81 1 Benchmark Price 1,3,3 Median Price,, Average Price,3 8,11 Index 1 1 Feb18 Feb19 18 19 CALGARY TOTAL SALES /1/18 /1/19 /1/18 /1/19 >$1, 1 $1, $199,999 3 8 $, $99,999 3 133 113 $3, $ 39,999 8 3 $3, $399,999 1 9 3 1 $, $9,999 11 1 $, $99,999 8 1 $, $9,999 3 $, $99,999 3 1 $, $9,999 3 1 $, $99,999 1 $, $99,999 1 1 $8, $899,999 1 3 1 $9, $999,999 1 $1,, $1,9,999 1 1 1 $1,, $1,99,999 1 1 $1,, $1,9,999 1 1 $1,, $1,999,999 1 1 $,, $,99,999 1 1 $,, $,999,999 $3,, $3,99,999 $3,, $3,999,999 $,, + 19 19 3 CITY OF CALGARY APARTMENT SALES BY PRICE RANGE 18 1 1 1 1 8 <$, $, $99,999 $3, $399,999 $, $99,999 $, $99,999 1 1 18 19 $, $99,999 $, 999,999 $1,,+ CREB Monthly Statistics 13
CITY OF CALGARY APARTMENT SALES 3 1 Apartment 19 CITY OF CALGARY APARTMENT NEW LISTINGS 1, 1, 1, 1, 8 9 1 11 1 13 1 1 1 1 18 19 9 1 11 1 13 1 1 1 1 18 19 Apartment 1 Year Average Apartment 1 Year Average CITY OF CALGARY APARTMENT INVENTORY AND SALES,, CITY OF CALGARY APARTMENT MONTHS OF INVENTORY 1, 1, 1, Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Inventory Sales Benchmark Price Jan. '19 '19, 8,,,,, 8,, 1 8 1 1 1 1 18 19 Months of Supply Trended 1 month moving average inventory CITY OF CALGARY APARTMENT PRICE CHANGE 1% % % 1% % 1 1 1 1 18 19 Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change CITY OF CALGARY APARTMENT PRICES 3, 3, 3, 3, 8,,,,, 1 1 1 1 18 19 Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 1
SemiDetached 19 Jan. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. 18 1/1/18 /1/18 3/1/18 /1/18 /1/18 /1/18 /1/18 8/1/18 9/1/18 1/1/18 11/1/18 1/1/18 Sales 99 1 13 1 1 18 1 1 1 1 18 88 New Listings 3 38 38 1 1 99 3 3 9 11 Inventory 33 8 919 91 89 8 818 3 Days on Market 8 8 8 9 Benchmark Price 1, 1, 1,3 1, 1, 1, 1,3 11,3, 3,, 39, Median Price 3,,81, 1,,8, 39, 13, 3, 39, 3, 3, Average Price,1 9,1 1,8,8 8, 9,19 91,38 8,91,913, 3,9,13 Index 9 1 1 11 1 1 1 8 3 1 19 1/1/19 /1/19 3/1/19 /1/19 /1/19 /1/19 /1/19 8/1/19 9/1/19 1/1/19 11/1/19 1/1/19 Sales 8 1 New Listings 39 Inventory 89 Days on Market 8 9 Benchmark Price 393,1 39, Median Price 39, 38,9 Average Price 9,1,1 Index 199 198 Feb18 Feb19 18 19 CALGARY TOTAL SALES /1/18 /1/19 /1/18 /1/19 >$1, $1, $199,999 1 8 $, $99,999 1 1 3 3 $3, $ 39,999 1 3 $3, $399,999 1 3 3 $, $9,999 19 11 $, $99,999 8 1 13 $, $9,999 3 3 $, $99,999 3 8 9 $, $9,999 8 1 8 $, $99,999 1 9 $, $99,999 1 13 3 $8, $899,999 11 $9, $999,999 3 $1,, $1,9,999 3 $1,, $1,99,999 1 1 1 $1,, $1,9,999 1 $1,, $1,999,999 $,, $,99,999 $,, $,999,999 $3,, $3,99,999 $3,, $3,999,999 $,, + 1 1 189 CITY OF CALGARY SEMIDETACHED SALES BY PRICE RANGE 9 8 3 1 <$, $, $99,999 $3, $399,999 $, $99,999 $, $99,999 1 1 18 19 $, $99,999 $, 999,999 $1,,+ CREB Monthly Statistics 1
CITY OF CALGARY SEMIDET. SALES 3 3 1 1 SemiDetached 19 CITY OF CALGARY SEMIDET. NEW LISTINGS 3 1 9 1 11 1 13 1 1 1 1 18 19 9 1 11 1 13 1 1 1 1 18 19 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, 9 8 3 1 Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Inventory Sales Benchmark Price Jan. '19 '19, 1, 1,,, 39, 39, 38, 38, 9 8 3 1 1 1 1 1 18 19 Months of Supply Trended 1 month moving average inventory CITY OF CALGARY SEMIDET. PRICE CHANGE % 1% % % 1% 1 1 1 1 18 19 Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change CITY OF CALGARY SEMIDET. PRICES,,,,,, 3, 3,, 1 1 1 1 18 19 Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 1
Row 19 Jan. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. 18 1/1/18 /1/18 3/1/18 /1/18 /1/18 /1/18 /1/18 8/1/18 9/1/18 1/1/18 11/1/18 1/1/18 Sales 131 133 13 19 8 1 1 19 1 13 1 1 New Listings 3 318 8 13 9 39 3 1 9 8 1 Inventory 3 9 91 1,3 1,18 1,18 1,199 1,13 1,19 1, 99 1 Days on Market 9 1 9 1 Benchmark Price 9, 9, 9,9 3,3 33, 3, 3, 9, 9, 93, 9,9 88, Median Price 9, 3, 3, 38,9 38, 9, 9, 3, 99, 89,9 89, 9, Average Price 31,1 33,3 38,8 33, 33,98 31,8 3,93 33,8 33,39 38,89 3,81 38,39 Index 18 18 18 188 19 189 188 18 18 18 183 181 19 1/1/19 /1/19 3/1/19 /1/19 /1/19 /1/19 /1/19 8/1/19 9/1/19 1/1/19 11/1/19 1/1/19 Sales 1 13 New Listings 389 3 Inventory 81 98 Days on Market 8 Benchmark Price 8,3 8, Median Price 8, 83, Average Price 3,91 93,3 Index 18 18 Feb18 Feb19 18 19 CALGARY TOTAL SALES /1/18 /1/19 /1/18 /1/19 >$1, $1, $199,999 11 18 33 $, $99,999 1 1 $3, $ 39,999 3 9 3 $3, $399,999 1 1 3 $, $9,999 9 19 1 $, $99,999 9 3 $, $9,999 1 3 3 $, $99,999 1 1 1 $, $9,999 $, $99,999 1 $, $99,999 1 1 $8, $899,999 $9, $999,999 1 $1,, $1,9,999 $1,, $1,99,999 $1,, $1,9,999 1 1 $1,, $1,999,999 $,, $,99,999 $,, $,999,999 $3,, $3,99,999 $3,, $3,999,999 $,, + 133 13 3 CITY OF CALGARY ROW SALES BY PRICE RANGE 1 1 8 <$, $, $99,999 $3, $399,999 $, $99,999 $, $99,999 $, $99,999 1 1 18 19 $, 999,999 $1,,+ CREB Monthly Statistics 1
CITY OF CALGARY ROW SALES 3 3 1 1 Row 19 CITY OF CALGARY ROW NEW LISTINGS 9 8 3 1 9 1 11 1 13 1 1 1 1 18 19 9 1 11 1 13 1 1 1 1 18 19 Row 1 Year Average Row 1 Year Average CITY OF CALGARY ROW INVENTORY AND SALES 1, 1, 1, 8 3, 3, 9, 9, 8, CITY OF CALGARY ROW MONTHS OF INVENTORY 9 8 Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Inventory Sales Benchmark Price Jan. '19 '19 8,,, 3 1 1 1 1 1 18 19 Months of Supply Trended 1 month moving average inventory CITY OF CALGARY ROW PRICE CHANGE 1% % % 1% 1 1 1 1 18 19 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,,,,, 1 1 1 1 18 19 Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 18
CITY CENTRE CITY CENTRE TOTAL SALES 8 3 1 9 1 11 CITY CENTCITY CENTCITY CENTCITY CENTCITY CENTCITY CENTRE PRICES 1 13 1 1 1 1 Detached Apartment Semi Detached 18 19 Row 1 Year Average CITY CENTRE TOTAL SALES BY PRICE RANGE 9 8 3 1 1 1 18 19 19 CITY CENTRE INVENTORY AND SALES CITY CENTRE MONTHS OF INVENTORY,, 1, 1, Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Inventory Sales Benchmark Price Jan. '19 '19 1, 1,,, 9, 9, 8, 8,,,, 1 1 1 8 1 1 1 1 18 19 Months of Supply Trended 1month moving average CITY CENTRE PRICE CHANGE 1% % % 1 1 1 1 18 19 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change CITY CENTRE PRICES 9, 8,,,,, 3,, 1, 1 1 1 1 18 19 Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 19
NORTHEAST NORTHEANORTHEANORTHEANORTHEANORTHEANORTHEAST PRICES NORTHEAST TOTAL SALES 3 1 NORTHEAST TOTAL SALES BY PRICE RANGE. 19 3 1 1 1 8 9 1 11 1 13 1 1 1 1 Detached Apartment Semi Detached 18 19 Row 1 Year Average 1 1 18 19 NORTHEAST INVENTORY AND SALES NORTHEAST MONTHS OF INVENTORY 9 8 3 1 Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Inventory Sales Benchmark Price Jan. '19 '19 38, 3, 3, 3, 3, 338, 33, 33, 33, 33, 38, 3 1 1 1 1 1 18 19 Months of Supply Trended 1month moving average NORTHEAST PRICE CHANGE 3 % 1% % % 1% 1 1 1 1 18 19 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change NORTHEAST PRICES,, 3, 3,,, 1, 1, 1 1 1 1 18 19 Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics
NORTH NORTH TOTAL SALES 3 3 1 1 9 1 11 NORTH TONORTH TONORTH INNORTH MNORTH P NORTH PRICES 1 13 1 1 1 1 Detached Apartment Semi Detached 18 19 Row 1 Year Average NORTH TOTAL SALES BY PRICE RANGE 1 9 8 3 1 1 1 18 19 19 NORTH INVENTORY AND SALES 1, 1, 8 39, 38, 38, 3, 3, 3, NORTH MONTHS OF INVENTORY 3 1 Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Inventory Sales Benchmark Price Jan. '19 '19 3, 1 1 1 1 18 19 Months of Supply Trended 1month moving average NORTH PRICE CHANGE 1% % % 1% 1 1 1 1 18 19 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change NORTH PRICES,,, 3, 3,,, 1, 1, 1 1 1 1 18 19 Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 1
NORTHWEST NORTHWEST TOTAL SALES 3 3 1 1 9 1 11 NORTHWNORTHWNORTHWNORTHWNORTHWNORTHWEST PRICES 1 13 1 1 1 1 Detached Apartment Semi Detached 18 19 Row 1 Year Average NORTHWEST TOTAL SALES BY PRICE RANGE 1 9 8 3 1 1 1 18 19 19 NORTHWEST INVENTORY AND SALES 1, 1, 8 8,,,,, 3, NORTHWEST MONTHS OF INVENTORY 3 1 Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Inventory Sales Benchmark Price Jan. '19 '19, 1 1 1 1 18 19 Months of Supply Trended 1month moving average NORTHWEST PRICE CHANGE 1% % % 1 1 1 1 18 19 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change NORTHWEST PRICES,,,, 3,, 1, 1 1 1 1 18 19 Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics
WEST WEST TOTWEST TOTWEST INVWEST MOWEST PRIWEST PRICES WEST TOTAL SALES 3 3 WEST TOTAL SALES BY PRICE RANGE 19 1 1 9 1 11 1 13 1 1 1 1 Detached Apartment Semi Detached 18 19 Row 1 Year Average 3 1 1 1 18 19 WEST INVENTORY AND SALES WEST MONTHS OF INVENTORY 1, 1, 8 Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Inventory Sales Benchmark Price Jan. '19 '19 8,,,,, 3,, 1, 1 9 8 3 1 1 1 1 1 18 19 Months of Supply Trended 1month moving average WEST PRICE CHANGE 1% % % 1% 1 1 1 1 18 19 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change WEST PRICES 8,,,,, 3,, 1, 1 1 1 1 18 19 Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 3
SOUTH SOUTH TOSOUTH TOSOUTH INSOUTH MSOUTH PRSOUTH PRICES SOUTH TOTAL SALES 1 SOUTH TOTAL SALES BY PRICE RANGE 19 3 1 9 1 11 1 13 1 1 1 1 Detached Apartment Semi Detached 18 19 Row 1 Year Average 1 1 1 8 1 1 18 19 SOUTH INVENTORY AND SALES SOUTH MONTHS OF INVENTORY 1, 1, 1, 1, 8 Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Inventory Sales Benchmark Price Jan. '19 '19 1, 1,,, 39, 39, 38, 38, 3, 3, 3, 3 1 1 1 1 1 18 19 Months of Supply Trended 1month moving average SOUTH PRICE CHANGE 1% % % 1% 1 1 1 1 18 19 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change SOUTH PRICES,,,, 3, 3,,, 1, 1, 1 1 1 1 18 19 Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics
SOUTHEAST SOUTHEASOUTHEASOUTHEASOUTHEASOUTHEASOUTHEAST PRICES SOUTHEAST TOTAL SALES 3 1 1 SOUTHEAST TOTAL SALES BY PRICE RANGE 19 3 1 1 9 1 11 1 13 1 1 1 1 Detached Apartment Semi Detached 18 19 Row 1 Year Average 8 1 1 18 19 SOUTHEAST INVENTORY AND SALES SOUTHEAST MONTHS OF INVENTORY 1, 1, 8 Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Inventory Sales Benchmark Price Jan. '19 '19 3,,, 1, 1,,, 39, 39, 3 1 1 1 1 1 18 19 Months of Supply Trended 1month moving average SOUTHEAST PRICE CHANGE 1% % % 1 1 1 1 18 19 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change SOUTHEAST PRICES,,, 3, 3,,, 1, 1, 1 1 1 1 18 19 Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics
EAST EAST TOTEAST TOTEAST INV EAST MO EAST PRICEAST PRICES EAST TOTAL SALES 1 3 EAST TOTAL SALES BY PRICE RANGE 19 1 1 8 9 1 11 1 13 1 1 1 1 Detached Apartment Semi Detached 18 19 Row 1 Year Average 3 1 1 1 1 18 19 EAST INVENTORY AND SALES EAST MONTHS OF INVENTORY 1 1 Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Inventory Sales Benchmark Price Jan. '19 '19 3, 3, 98, 9, 9, 9, 9, 88, 8, 8, 8 3 1 1 1 1 1 18 19 Months of Supply Trended 1month moving average EAST PRICE CHANGE % 1% % % 1% 1 1 1 1 18 19 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change EAST PRICES, 3, 3,,, 1, 1, 1 1 1 1 18 19 Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics
CREB Definitions 19 1 1 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 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,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 Monthly Statistics