May 2017 OF SALES May 2017 Calgary Airdrie Rocky View Region Foothills Region Mountain View Region...

May 2017

MONTHLY STATISTICS PACKAGE

CREB® Region Report

77%

5%

7%

5%2%2%

2%

SHARE OF SALES May 2017

Calgary

Airdrie

Rocky View Region

Foothills Region

Mountain View Region

Wheatland Region

Other Active Areas

Source: CREB®

REGIONAL HIGHLIGHTSJune 1, 2017

Airdrie

• Modest year-over-year sales growth continued in Airdrie during the month of May totalling 146 units. This brings total residential sales to 569 units since January, which is four per cent above sales levels for the same period in 2016.

• Year-to-date new listings totalled 1,081 units from January to end of May. This is 2.7 per cent below last year. Similarly, average inventories this year have declined by 3.9 percent compared to the same time period last year.

• Improvements in the supply demand balance have supported some price stabilization in the detached sector. However, the year-to-date average benchmark price for a detached property remains 1.5 per cent below last year’s levels.

Cochrane• Year-to-date residential sales totalled

262 units at the end of May. This is 11.5 per cent above the same period for Cochrane in 2016. So far this year the sales growth outpaced the growth in new listings, contributing to the easing of inventories and months of supply compared to last year.

• Total residential months of supply averaged 5.7 from January to the end of May. This is a 9.8 per cent year-over-year decrease compared to 2016.

• In the detached and attached property types, year-to-date benchmark home prices are $422,040 and $325,080. This is a year-over-year increase of 0.6 and 1.4 per cent.

Okotoks• Residential sales in Okotoks totalled

245 units from January to the end of May, six per cent higher than the same time last year.

• A decline in new listings supported the improvement in the sales-to-new listings ratio, which has averaged 0.56 so far in 2017. Rising sales combined with listings easing has placed downward pressure on inventories.

• As the resale market has been trending to more balanced conditions, there has been some evidence of price stability. However, year-to-date detached benchmark prices still remain 2.6 per cent below last year.

*CREB®’s analysis only considers surrounding areas with enough activity to generate the MLS® Home Price Index

May. 17

CREB® Calgary Regional Housing Market Statistics 3

CREB® Region Summary

May 2017Sales

New Listings

Sales to New Listings Ratio

InventoryMonths of Supply

Benchmark Price

Average Price

Median Price

Share of Sales Activity

City of Calgary 2,119 3,866 54.81% 6,188 2.92 443,800 503,846 448,000 78%

Airdrie 146 262 55.73% 482 3.30 360,700 384,181 383,500 5%

Rocky View Region 183 359 50.97% 968 5.29 542,300 626,807 520,000 7%

Foothills Region 132 224 58.93% 584 4.42 384,100 527,226 424,000 5%

Mountain View Region 46 119 38.66% 420 9.13 297,800 336,448 295,000 2%

Kneehill Region 14 51 27.45% 102 7.29 - 226,707 184,500 1%

Wheatland Region 53 76 69.74% 214 4.04 220,300 362,934 330,000 2%

Willow Creek Region 13 36 36.11% 107 8.23 - 233,154 255,000 0%

Vulcan Region 8 17 47.06% 75 9.38 - 323,813 297,500 0%

Bighorn Region 17 43 39.53% 89 5.24 - 852,653 685,000 1%

CREB® Economic Region 2,731 5,053 54.05% 9,229 3.38 439,400 500,199 440,000 100%

0

300

600

900

1,200

1,500

1,800

2,100

CREB® INVENTORY BY PRICE RANGE

Calgary Airdrie Rocky View Region

Foothills Region Mountain View Region Kneehill Region

Wheatland Region Willow Creek Region Vulcan Region

Bighorn RegionSource: CREB®

MAY

May. 17

0

100

200

300

400

500

600

700

CREB® SALES BY PRICE RANGE




Bighorn RegionSource: CREB®

MAY

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY




Bighorn Region Source: CREB®

CREB® TOTAL SALES: YEAR-TO-DATE

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY




Bighorn Region Source: CREB®

CREB® TOTAL NEW LISTINGS: YEAR-TO-DATE


CREB® Region

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY

Detached Apartment Semi - Detached

Row 10 Year AverageSource: CREB®

CREB® ECONOMIC REGION TOTAL SALES

428,000

430,000

432,000

434,000

436,000

438,000

440,000

442,000

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16

Oct.'16

Nov.'16

Dec.'16

Jan.'17

Feb.'17

Mar.'17

Apr.'17

May.'17

Inventory Sales Benchmark Price Source: CREB®

CREB® ECONOMIC REGION INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

2012 2013 2014 2015 2016 2017

Months of Supply TrendedSource: CREB®

12 month moving average

CREB® ECONOMIC REGION MONTHS OF INVENTORY

-10%

-5%

0%

5%

10%

15%

2012 2013 2014 2015 2016 2017

Semi Y/Y%change Row Y/Y% change

Apartment Y/Y% change Detached Y/Y% ChangeSource: CREB®

CREB® ECONOMIC REGION PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

550,000

2012 2013 2014 2015 2016 2017

Detached Price Apartment Price

Row Price Semi PriceSource: CREB®

CREB® ECONOMIC REGION PRICES

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

YTD MAY

YTD 2014 YTD 2015 YTD 2016 YTD 2017 Source: CREB®

CREB® ECONOMIC REGION TOTAL SALES BY PRICE RANGE

May. 17


CREB® Region

TYPICAL HOME ATTRIBUTES - DETACHED HOMES

Gross Living Area (Above Ground) Lot Size

Above Ground Bedrooms Year Built

Full Bathrooms

Half Bathrooms

City of Calgary 1,341 4,908 3 1991 2 1

Airdrie 1,390 4,653 3 2002 2 1

Rural Rocky View 1,837 3,735 3 1997 2 1

Cochrane 1,494 5,520 3 1998 2 1

Chestermere 1,871 5,511 3 2003 2 1

Rural Foothills 1,723 Unavailable 3 1995 2 0

High River 1,312 5,646 3 1996 2 0

Okotoks 1,491 4,973 3 2002 2 1

Turner Valley 1,221 6,241 3 1993 2 0

Rural Mountain View 1,315 5,999 3 1989 2 0

Carstairs 1,298 6,583 3 2001 2 0

Didsbury 1,238 6,444 3 1981 2 0

Rural Wheatland 1,298 6,024 3 1979 2 0

Strathmore 1,265 5,562 3 2000 2 0

0

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

900,000

1,000,000

Calgary Airdrie RuralRocky View

Chester-mere

Cochrane RuralFoothills

HighRiver

Okotoks TurnerValley

RuralMtn. View

Carstairs Didsbury RuralWheatland

Strathmore

DETACHED BENCHMARK PRICE

Source: CREB®

MAY

May. 17

-8%

-6%

-4%

-2%

0%

2%

4%

6%

8%

10%

Calgary Airdrie RuralRocky View

Chester-mere

Cochrane RuralFoothills

HighRiver

Okotoks TurnerValley

RuralMtn. View

Carstairs Didsbury RuralWheatland

Strathmore

YEAR OVER YEAR PRICE GROWTH COMPARISONS

Source: CREB®

MAY


Calgary CMA

May 2017Sales

New Listings



Benchmark Price

Average Price

Median Price


City of Calgary 2,119 3,866 54.81% 6,188 2.92 443,800 503,846 448,000 87%

Airdrie 146 262 55.73% 482 3.30 360,700 384,181 383,500 6%

Rocky View Region 183 359 50.97% 968 5.29 542,300 626,807 520,000 7%

Calgary CMA 2,448 4,487 54.56% 7,638 3.12 443,300 505,901 448,500 100%

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

CALGARY CMA INVENTORY BY PRICE RANGE


Source: CREB®

MAY

May. 17

0

100

200

300

400

500

600

CALGARY CMA SALES BY PRICE RANGE


Source: CREB®

MAY

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY


Source: CREB®

CALGARY CMA SALES: YEAR-TO-DATE

0

5,000

10,000

15,000

20,000

25,000

30,000

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY


Source: CREB®

CALGARY CMA NEW LISTINGS: YEAR-TO-DATE


Calgary CMA

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY



CALGARY CMA TOTAL SALES

432,000

434,000

436,000

438,000

440,000

442,000

444,000

446,000

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16

Oct.'16

Nov.'16

Dec.'16

Jan.'17

Feb.'17

Mar.'17

Apr.'17

May.'17


CALGARY CMA INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

2012 2013 2014 2015 2016 2017



CALGARY CMA MONTHS OF INVENTORY

-10%

-5%

0%

5%

10%

15%

2012 2013 2014 2015 2016 2017



CALGARY CMA PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

550,000

2012 2013 2014 2015 2016 2017



CALGARY CMA PRICES

0

500

1,000

1,500

2,000

2,500

3,000

3,500YTD MAY

YTD 2014 YTD 2015 YTD 2016 YTD 2017

Source: CREB®

CALGARY CMA TOTAL SALES BY PRICE RANGE

May. 17


Airdrie

0

100

200

300

400

500

600

700

800

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY



AIRDRIE TOTAL SALES

340,000

345,000

350,000

355,000

360,000

365,000

-

100

200

300

400

500

600

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16

Oct.'16

Nov.'16

Dec.'16

Jan.'17

Feb.'17

Mar.'17

Apr.'17

May.'17


AIRDRIE INVENTORY AND SALES

-

1

2

3

4

5

6

7

2012 2013 2014 2015 2016 2017



AIRDRIE MONTHS OF INVENTORY

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

2012 2013 2014 2015 2016 2017



AIRDRIE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

2012 2013 2014 2015 2016 2017



AIRDRIE PRICES

0

50

100

150

200

250YTD MAY

YTD 2014 YTD 2015 YTD 2016 YTD 2017

Source: CREB®

AIRDRIE TOTAL SALES BY PRICE RANGE

May. 17


Rocky View Region

May 2017Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Rocky View Region 183 359 50.97% 968 5.29 542,300 626,807 520,000 100%

Rural Rocky View 48 103 46.60% 293 6.10 924,700 1,051,788 960,250 26%

Beiseker 2 3 66.67% 10 5.00 - 238,750 238,750 1%

Bragg Creek 1 6 16.67% 13 13.00 - 880,000 880,000 1%

Chestermere 35 72 48.61% 191 5.46 485,200 528,786 500,500 19%

Cochrane 71 132 53.79% 350 4.93 424,400 453,464 439,800 39%

Crossfield 11 14 78.57% 38 3.45 - 371,673 361,500 6%

Irricana 3 7 42.86% 14 4.67 - 284,000 260,000 2%

Langdon 6 17 35.29% 44 7.33 - 516,083 522,250 3%

Redwood Meadows 3 3 100.00% 10 3.33 - 569,000 540,000 2%

Other 3 2 150.00% 5 1.67 - 805,000 760,000 2%

0

50

100

150

200

250

INVENTORY BY PRICE RANGE

Rural Rocky View Cochrane Chestermere

Beiseker Bragg Creek Crossfield

Irricana Langdon Redwood Meadows

Source: CREB®

MAY

0

5

10

15

20

25

30

35

40

SALES BY PRICE RANGE



Irricana Langdon Redwood Meadows

Source: CREB®

MAY

May. 17

0

100

200

300

400

500

600

700

800

900

1,000

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY



Irricana Langdon Redwood MeadowsSource: CREB®

ROCKY VIEW SALES: YEAR-TO-DATE

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY



Irricana Langdon Redwood MeadowsSource: CREB®

ROCKY VIEW NEW LISTINGS: YEAR-TO-DATE


Cochrane

0

50

100

150

200

250

300

350

400

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY



COCHRANE TOTAL SALES

390,000

395,000

400,000

405,000

410,000

415,000

420,000

425,000

430,000

435,000

440,000

-

50

100

150

200

250

300

350

400

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16

Oct.'16

Nov.'16

Dec.'16

Jan.'17

Feb.'17

Mar.'17

Apr.'17

May.'17


COCHRANE INVENTORY AND SALES

-

2

4

6

8

10

12

2012 2013 2014 2015 2016 2017



COCHRANE MONTHS OF INVENTORY

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

2012 2013 2014 2015 2016 2017



COCHRANE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

2012 2013 2014 2015 2016 2017



COCHRANE PRICES

0

20

40

60

80

100

120YTD MAY

YTD 2014 YTD 2015 YTD 2016 YTD 2017

Source: CREB®

COCHRANE TOTAL SALES BY PRICE RANGE

May. 17


Chestermere

0

50

100

150

200

250

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY



CHESTERMERE TOTAL SALES

430,000

440,000

450,000

460,000

470,000

480,000

490,000

500,000

-

50

100

150

200

250

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16

Oct.'16

Nov.'16

Dec.'16

Jan.'17

Feb.'17

Mar.'17

Apr.'17

May.'17


CHESTERMERE INVENTORY AND SALES

-

2

4

6

8

10

12

14

16

2012 2013 2014 2015 2016 2017



CHESTERMERE MONTHS OF INVENTORY

-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

2012 2013 2014 2015 2016 2017



CHESTERMERE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

550,000

2012 2013 2014 2015 2016 2017



CHESTERMERE PRICES

0

10

20

30

40

50

60

70YTD MAY

YTD 2014 YTD 2015 YTD 2016 YTD 2017

Source: CREB®

CHESTERMERE TOTAL SALES BY PRICE RANGE

May. 17


Rural Rocky View

0

50

100

150

200

250

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY



RURAL ROCKY VIEW TOTAL SALES

840,000

860,000

880,000

900,000

920,000

940,000

960,000

980,000

1,000,000

-

50

100

150

200

250

300

350

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16

Oct.'16

Nov.'16

Dec.'16

Jan.'17

Feb.'17

Mar.'17

Apr.'17

May.'17


RURAL ROCKY VIEW INVENTORY AND SALES

-

10

20

30

40

50

60

2012 2013 2014 2015 2016 2017



RURAL ROCKY VIEW MONTHS OF INVENTORY

-40%

-30%

-20%

-10%

0%

10%

20%

30%

40%

50%

2012 2013 2014 2015 2016 2017



RURAL ROCKY VIEW PRICE CHANGE

100,000

300,000

500,000

700,000

900,000

1,100,000

1,300,000

2012 2013 2014 2015 2016 2017



RURAL ROCKY VIEW PRICES

0

20

40

60

80

100

120YTD MAY

YTD 2014 YTD 2015 YTD 2016 YTD 2017

Source: CREB®

RURAL ROCKY VIEW TOTAL SALES BY PRICE RANGE

May. 17


Foothills Region

May 2017Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Foothills Region 132 224 58.93% 674 5.11 384,100 527,226 424,000 100%

Rural Foothills 25 48 52.08% 158 6.32 632,100 867,476 815,000 19%

Black Diamond 5 5 100.00% 20 4.00 - 365,020 388,000 4%

Blackie 0 0 - 4 - - - - 0%

Cayley 1 1 100.00% 4 4.00 - 120,000 120,000 1%

De Winton 2 1 200.00% 3 1.50 - 908,750 908,750 2%

Heritate Pointe 4 17 23.53% 45 11.25 - 798,650 750,700 3%

High River 21 35 60.00% 113 5.38 321,800 316,548 300,000 16%

Okotoks 62 99 62.63% 197 3.18 425,400 456,651 407,500 47%

Turner Valley 7 12 58.33% 24 3.43 285,100 403,056 392,000 5%

Priddis Greens 2 3 66.67% 9 4.50 - 697,500 697,500 2%

Longview 1 0 - 1 1.00 - 341,000 341,000 1%

Other 3 3 100.00% 7 2.33 - 591,167 420,000 2%

0

20

40

60

80

100

120

140INVENTORY BY PRICE RANGE

Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Other Source: CREB®

MAY

0

5

10

15

20

25

30

35


Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Other Source: CREB®

MAY

May. 17

0

100

200

300

400

500

600

700

800

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY

Okotoks High River Rural Foothills

Heritage Pointe Black Diamond Blackie

Cayley Longview Turner Valley

De Winton Priddis Greens Source: CREB®

FOOTHILLS SALES: YEAR-TO-DATE

0

200

400

600

800

1,000

1,200

1,400

1,600

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY

Okotoks High River Rural Foothills

Heritage Pointe Black Diamond Blackie

Cayley Longview Turner Valley

De Winton Priddis Greens Source: CREB®

FOOTHILLS NEW LISTINGS: YEAR-TO-DATE


Okotoks

0

50

100

150

200

250

300

350

400

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY



OKOTOKS TOTAL SALES

410,000

415,000

420,000

425,000

430,000

435,000

440,000

445,000

-

50

100

150

200

250

300

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16

Oct.'16

Nov.'16

Dec.'16

Jan.'17

Feb.'17

Mar.'17

Apr.'17

May.'17


OKOTOKS INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

9

2012 2013 2014 2015 2016 2017



OKOTOKS MONTHS OF INVENTORY

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

2012 2013 2014 2015 2016 2017



OKOTOKS PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

2012 2013 2014 2015 2016 2017



OKOTOKS PRICES

0

20

40

60

80

100

120YTD MAY

YTD 2014 YTD 2015 YTD 2016 YTD 2017

Source: CREB®

OKOTOKS TOTAL SALES BY PRICE RANGE

May. 17


Rural Foothills

0

20

40

60

80

100

120

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY



RURAL FOOTHILLS TOTAL SALES

590,000

600,000

610,000

620,000

630,000

640,000

650,000

660,000

670,000

680,000

690,000

700,000

-

20

40

60

80

100

120

140

160

180

200

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16

Oct.'16

Nov.'16

Dec.'16

Jan.'17

Feb.'17

Mar.'17

Apr.'17

May.'17


RURAL FOOTHILLS INVENTORY AND SALES

-

10

20

30

40

50

60

2012 2013 2014 2015 2016 2017



RURAL FOOTHILLS MONTHS OF INVENTORY

-10%

-8%

-6%

-4%

-2%

0%

2%

4%

6%

8%

10%

12%

2012 2013 2014 2015 2016 2017



RURAL FOOTHILLS PRICE CHANGE

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

2012 2013 2014 2015 2016 2017



RURAL FOOTHILLS PRICES

0

10

20

30

40

50

60YTD MAY

YTD 2014 YTD 2015 YTD 2016 YTD 2017

Source: CREB®

RURAL FOOTHILLS TOTAL SALES BY PRICE RANGE

May. 17


Wheatland Region

May 2017Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Wheatland Region* 53 76 69.74% 214 4.04 220,300 362,934 330,000 92%

Rural Wheatland* 4 10 40.00% 33 8.25 220,300 550,250 563,000 8%

Carseland* 1 0 - 2 2.00 - 278,000 278,000 2%

Lyalta* 4 2 200.00% 11 2.75 - 507,475 507,450 8%

Rockyford* 0 2 0.00% 5 - - - - 0%

Strathmore 40 57 70.18% 146 3.65 393,700 341,740 317,000 75%

Gleichen 0 0 - - - - - - 0%

Other* 4 5 80.00% 17 4.25 - 264,250 218,750 8%

*Data within these areas many not accurately reflect total resale activity and trends

0

10

20

30

40

50

60

70


Strathmore Rural Wheatland Carseland

Lyalta Rockyford OtherSource: CREB®

MAY

0

2

4

6

8

10

12

14

16

18



Lyalta Rockyford OtherSource: CREB®

MAY

May. 17

0

50

100

150

200

250

300

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY


Lyalta RockyfordSource: CREB®

WHEATLAND SALES: YEAR-TO-DATE

0

100

200

300

400

500

600

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY


Lyalta RockyfordSource: CREB®

WHEATLAND NEW LISTINGS: YEAR-TO-DATE


Strathmore

0

5

10

15

20

25

30

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY



STRATHMORE TOTAL SALES

330,000

340,000

350,000

360,000

370,000

380,000

390,000

400,000

-

20

40

60

80

100

120

140

160

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16

Oct.'16

Nov.'16

Dec.'16

Jan.'17

Feb.'17

Mar.'17

Apr.'17

May.'17


STRATHMORE INVENTORY AND SALES

-

5

10

15

20

25

2012 2013 2014 2015 2016 2017



STRATHMORE MONTHS OF INVENTORY

-8%

-6%

-4%

-2%

0%

2%

4%

6%

8%

10%

12%

14%

2012 2013 2014 2015 2016 2017



STRATHMORE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

2012 2013 2014 2015 2016 2017



STRATHMORE PRICES

0

10

20

30

40

50

60

70

80

90YTD MAY

YTD 2014 YTD 2015 YTD 2016 YTD 2017

Source: CREB®

STRATHMORE TOTAL SALES BY PRICE RANGE

May. 17


Mountain View Region

May 2017Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Mountain View Region* 46 119 38.66% 420 9.13 297,800 336,448 295,000 100%

Rural Mountain View* 6 29 20.69% 115 19.17 402,200 377,083 370,000 13%

Carstairs 12 25 48.00% 70 5.83 326,300 368,167 344,500 26%

Cremona 0 4 0.00% 6 - - - - 0%

Didsbury 11 20 55.00% 65 5.91 254,100 253,691 248,000 24%

Olds* 11 27 40.74% 101 9.18 300,500 287,864 268,000 24%

Sundre* 6 13 46.15% 55 9.17 277,500 473,167 275,000 13%

Other* 0 1 0.00% 8 - - - - 0%


0

20

40

60

80

100

120

140


Rural Mountain View Didsbury Olds

Sundre Carstairs Cremona

Other Source: CREB®

MAY

0

2

4

6

8

10

12

14

16

18

20



Sundre Carstairs Cremona

Other Source: CREB®

MAY

May. 17

0

50

100

150

200

250

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY


Sundre Carstairs Cremona Source: CREB®

MOUNTAIN VIEW SALES: YEAR-TO-DATE

0

100

200

300

400

500

600

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY


Sundre Carstairs Cremona Source: CREB®

MOUNTAIN VIEW NEW LISTINGS: YEAR-TO-DATE


Kneehill Region

May 2017Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Kneehill Region* 14 51 27.45% 102 7.29 - 226,707 184,500 86%

Rural Kneehill* 3 5 60.00% 8 2.67 - 401,333 405,000 21%

Acme* 3 4 75.00% 12 4.00 - 139,333 158,000 21%

Linden* 2 5 40.00% 4 2.00 - 230,950 230,950 14%

Three Hills* 3 17 17.65% 36 12.00 - 305,333 275,000 21%

Torrington* 0 0 - - - - - - 0%

Trochu* 1 13 7.69% 25 25.00 - 50,000 50,000 7%

Other* 2 7 28.57% 17 8.50 - 62,000 62,000 14%


0

5

10

15

20

25

30

35

40

45

50


Rural Kneehill Three Hills Acme

Linden Trochu OtherSource: CREB®

MAY

0

1

2

3

4

5

6

7

8



Linden Trochu OtherSource: CREB®

MAY

May. 17

0

5

10

15

20

25

30

35

40

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY


Linden Trochu Source: CREB®

KNEEHILL SALES: YEAR-TO-DATE

0

20

40

60

80

100

120

140

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY


Linden Trochu Source: CREB®

KNEEHILL NEW LISTINGS: YEAR-TO-DATE


Willow Creek Region

May 2017Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Willow Creek Region* 13 36 36.11% 107 8.23 - 233,154 255,000 100%

Rural Willow Creek* 1 2 50.00% 9 9.00 - 300,000 300,000 8%

Claresholm* 8 14 57.14% 40 5.00 - 216,438 224,000 62%

Nanton* 2 15 13.33% 42 21.00 - 295,000 295,000 15%

Stavely* 2 3 66.67% 12 6.00 - 204,750 204,750 15%

Other* 0 2 0.00% 4 - - - - 0%


0

5

10

15

20

25

30

35


Rural Willow Creek Claresholm Nanton Stavely Other

Source: CREB®

MAY

0

1

2

3

4

5

6

7


Rural Willow Creek Claresholm Nanton Stavely Other

Source: CREB®

MAY

May. 17

0

10

20

30

40

50

60

70

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY

Rural Willow Creek Claresholm Nanton StavelySource: CREB®

WILLOW CREEK SALES: YEAR-TO-DATE

0

20

40

60

80

100

120

140

160

180

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY

Rural Willow Creek Claresholm Nanton StavelySource: CREB®

WILLOW CREEK NEW LISTINGS: YEAR-TO-DATE


Vulcan Region

May 2017Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Vulcan Region* 8 17 47.06% 75 9.38 - 323,813 297,500 100%

Rural Vulcan* 3 4 75.00% 33 11.00 - 322,500 340,000 38%

Vulcan* 4 6 66.67% 20 5.00 - 220,750 196,500 50%

Carmangay* 0 2 0.00% 6 - - - - 0%

Champion* 0 2 0.00% 4 - - - - 0%

Other* 1 3 33.33% 12 12.00 - 740,000 740,000 13%


0

5

10

15

20

25


Rural Vulcan Vulcan Carmangay

Champion OtherSource: CREB®

MAY

0

1

2

3

4


Rural Vulcan Vulcan Carmangay

Champion Other Source: CREB®

MAY

May. 17

0

5

10

15

20

25

30

35

40

45

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY

Rural Vulcan Vulcan Carmangay Champion

Source: CREB®

VULCAN SALES: YEAR-TO-DATE

0

10

20

30

40

50

60

70

80

90

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY

Rural Vulcan Vulcan Carmangay Champion

Source: CREB®

VULCAN NEW LISTINGS: YEAR-TO-DATE


Bighorn Region

May 2017Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Bighorn Region* 17 43 39.53% 89 5.24 - 852,653 685,000 100%

Rural Bighorn* 0 1 0.00% 8 - - - - 0%

Canmore* 15 35 42.86% 69 4.60 - 921,800 729,000 88%

Other* 2 7 28.57% 12 6.00 - 334,050 334,050 12%


0

5

10

15

20

25

30

35

40


Canmore Other Rural Bighorn

Source: CREB®

MAY

0

1

2

3

4

5

6


Canmore Other Rural Bighorn

Source: CREB®

MAY

May. 17

0

20

40

60

80

100

120

140

160

180

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY

Canmore Rural BighornSource: CREB®

BIGHORN SALES: YEAR-TO-DATE

0

50

100

150

200

250

300

350

400

450

500

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD MAY

Canmore Rural BighornSource: CREB®

BIGHORN NEW LISTINGS: YEAR-TO-DATE


CREB® Definitions

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 asnot 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.

DEFINITIONSBenchmark 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 2005 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.Semi-detached - 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 semi-detached properties.Apartment - High-rise and low-rise 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 multiple-unit 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 5,100 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.

WILLOW CREEK*Rural Willow Creek County*Claresholm*Fort Macleod**Granum**Nanton*Parkland**

BIGHORN*Rural Bighorn M.D.Benchlands**Canmore*Exshaw**Ghost Lake**Harvie Heights**Lac des Arcs**Seebe**Waiparous**

FOOTHILLSRural Foothills M.D.Aldersyde**Black DiamondBlackieCayleyDe WintonHeritage PointeHigh RiverLongview**Millarville**OkotoksPriddis**Priddis GreensTurner Valley

KNEEHILL*Rural Kneehill CountyAcmeCarbon**Huxley**LindenSwalwell**Three HillsTorrington**TrochuWimborne**

MOUNTAIN VIEW*Rural Mountain View CountyBearberry**Bergen**CarstairsCremonaDidsburyEagle Hill**Elkton**Olds*Sundre*Water Valley**Westward Ho**

ROCKY VIEWRural Rocky View CountyBalzac**BeisekerBottrel**Bragg CreekChestermereCochraneCochrane Lake**Conrich**CrossfieldDalemead**Dalroy**Delacour**Indus**IrricanaJanet**Kathyrn**Keoma**LangdonMadden**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**Standard**

May. 17


May 2017 OF SALES May 2017 Calgary Airdrie Rocky View Region Foothills Region Mountain View Region...

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