CALGARY REGIONAL HOUSING MARKET STATISTICS

8.13

SUMMER SALES STAY STRONG

Sellers market conditions persist, pushing up prices
Calgary, Sept. 3, 2013 Residential sales within city limits
totaled 2,196 units, an 27.5 per cent increase over 2012 and 8.7
per cent on a year-to-date basis.

The level of transactions was well above long-term trends for

the month, mostly due to improved activity in the single-family
sector. However, on a year-to-date basis, activity is only slightly
higher than expectations.
The sales have been limited by the need for more resale
listings, said CREB President Becky Walters. However, August
did see more new listings than last year, giving buyers more
choice.
August new listings recorded a year-over-year improvement of
7.4 per cent. While sellers market conditions persist and total
inventory levels keep falling, improvement in new listings helped
prevent further tightening in the market despite the sales
growth.
Single-family sales totaled 1,517 units in August, a 30 per cent
increase over the previous year. Despite strong sales in the past
couple of months, year-to-date sales activity has grown by 5.4
per cent, slightly stronger than anticipated.
Lack of choice, particularly in single-family homes, has limited
single-family sales growth, said Walters. However, improved
new listings in the higher end of the market have created an
opportunity for those looking to upgrade.
Year-to-date condominium apartment sales totaled 2,823 units,
a 13.7 per cent increase over the previous year. Unlike the
single-family market, new listings are declining, causing the
market to become tighter than levels recorded in the previous
month.

Meanwhile, the condominium townhouse market, like the singlefamily market, not only recorded strong sales growth but also
saw a rise in new listings, helping ease some tightness in this
market.
Year-to-date sale and new listings increased at a
respective 21.4 and 2.6 per cent.
Housing demand has been supported by another year of strong
migration levels, improving employment and wage growth, said
Ann-Marie Lurie, CREB Chief Economist. Last years mortgage
rule changes did not reverse the sales growth in our city, but did
redirect demand to more affordable product.
While recent increases in lending rates may require purchasers
to adjust their expectations, Calgary remains a relatively
affordable Canadian city. Our affordability, combined with a
positive economic outlook is expected to support demand
growth for the remainder of the year.
Single-family benchmark prices reached $464,700 in August, a
7.4 per cent rise from the previous year and a 0.7 per cent
increase over July.
Meanwhile, condominium apartment and townhouse prices
totaled a respective $270,600 and $298,500 in August,
increasing by more than seven per cent compared to the
previous year.
Price appreciation typically reflects the level of supply and
demand in the market, said Lurie. Tight market conditions
have supported stronger-than-expected price growth in the
city, but this price appreciation needs to be taken into context.
While citywide single-family benchmark prices have risen
above unadjusted highs by $13,400, as of August both condominium apartment and townhouse units are a respective
$26,400 and $32,300 below the unadjusted highs recorded in
2007.

CITY OF CALGARY AUGUST SALES

2,500
2,000
1,500
1,000
500
-

SF Sales

Apartment Sales

CREB Calgary Regional Housing Market Statistics

TH Sales

10 Year Average

Source: CREB

page 1 d

CREB - SUMMARY STATS

Aug-12
CREB TOTAL RESIDENTIAL
Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $
Average DOM
Average Price
Benchmark Price
Index
CREB CITY OF CALGARY
Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $
Average DOM
Average Price
Benchmark Price
Index
CREB TOWNS
Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $
Average DOM
Average Price
Benchmark Price
Index
CREB CRES
Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $
Average DOM
Average Price
Median Price

Aug-13

Aug-12

Aug-13

Y/Y %

2012 YTD

2013 YTD

Y/Y %

2,261
$946,781,274
3,558
8,975
0.64
97.07%
54
$418,744
$381,700
180

2,900
$1,294,394,791
3,852
7,550
0.75
97.64%
45
$446,343
$409,900
193

28.26%
36.72%
8.26%
-15.88%
18.47%
0.58%
-17.62%
6.59%
7.39%
7.39%

19,726
$8,404,818,471
33,773
N/A
0.58
97.20%
52
$426,078

21,733
$9,767,531,281
33,587
N/A
0.65
97.60%
43
$449,433

10.17%
16.21%
-0.55%

1,722
$718,162,460
2,583
5,184
0.67
97.39%
45
$417,051
$387,700
181

2,196
$996,439,400
2,774
3,898
0.79
97.82%
38
$453,752
$417,300
195

27.53%
38.75%
7.39%
-24.81%
18.75%
0.42%
-17.14%
8.80%
7.63%
7.63%

15,396
$6,583,438,544
24,341
N/A
0.63
97.40%
43
$427,607

16,727
$7,640,485,185
24,044
N/A
0.70
97.77%
36
$456,776

324
$110,651,464
571
1,817
0.57
97.32%
74
$341,517
$327,500
172

431
$157,313,968
591
1,517
0.73
97.69%
57
$364,998
$348,100
183

33.02%
42.17%
3.50%
-16.51%
28.52%
0.37%
-22.74%
6.88%
6.29%
6.27%

2,890
$1,014,127,079
5,344
N/A
0.54
97.25%
77
$350,909

3,163
$1,152,691,588
5,147
N/A
0.61
97.62%
68
$364,430

86
$71,834,300
197
1,138
0.44
93.68%
113
$835,283
$742,500

96
$74,275,425
221
1,157
0.43
95.35%
110
$773,702
$700,000

11.63%
3.40%
12.18%
1.67%
-0.49%
1.66%
-3.18%
-7.37%
-5.72%

635
$504,690,822
2,057
N/A
0.31
94.93%
102
$794,789

651
$523,215,829
2,053
N/A
0.32
95.16%
102
$803,711

10.78%
0.40%
-17.31%
5.48%

8.65%
16.06%
-1.22%
9.99%
0.38%
-16.28%
6.82%

9.45%
13.66%
-3.69%
13.64%
0.37%
-11.69%
3.85%

2.52%
3.67%
-0.19%
2.72%
0.23%
0.00%
1.12%

For a list of definitions, see page 20.

CREB Calgary Regional Housing Market Statistics

page 2

CREB SUMMARY STATISTICS CITY OF CALGARY

Aug-12
SINGLE FAMILY
Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $
Average DOM
Average Price
Benchmark Price
Index
CONDO APARTMENT
Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $
Average DOM
Average Price
Benchmark Price
Index
CONDO TOWNHOUSE
Total Sales
Total Sales Volume
New Listings
Active Listings
Sales to New Listings Ratio
Sales $ / List $
Average DOM
Average Price
Benchmark Price
Index

Aug-13

Aug-12

Aug-13

Y/Y %

2012 YTD

2013 YTD

Y/Y %

1,167
$555,116,840
1,810
3,535
0.64
97.39%
43
$475,679
$432,600
184

1,517
$784,644,430
1,969
2,791
0.77
97.82%
37
$517,234
$464,700
197

29.99%
41.35%
8.78%
-21.05%
19.49%
0.42%
-13.97%
8.74%
7.42%
7.41%

11,060
$5,304,457,380
17,104
N/A
0.65
97.47%
41
$479,607

11,655
$6,040,494,004
16,982
N/A
0.69
97.83%
35
$518,275

5.38%
13.88%
-0.71%

315
$88,811,406
464
1,065
0.68
97.27%
52
$281,941
$248,700
174

397
$118,229,287
450
690
0.88
97.50%
43
$297,807
$270,600
189

26.03%
33.12%
-3.02%
-35.21%
29.95%
0.22%
-16.57%
5.63%
8.81%
8.81%

2,483
$694,618,355
4,370
N/A
0.57
96.89%
52
$279,750

2,823
$840,543,495
4,121
N/A
0.69
97.25%
43
$297,748

240
$74,234,214
309
584
0.78
97.53%
50
$309,309
$278,200
174

282
$93,565,683
355
417
0.79
98.23%
34
$331,793
$298,500
187

17.50%
26.04%
14.89%
-28.60%
2.27%
0.70%
-31.51%
7.27%
7.30%
7.31%

1,853
$584,362,809
2,867
N/A
0.65
97.36%
47
$315,360

2,249
$759,447,686
2,941
N/A
0.76
97.89%
37
$337,682

CREB Calgary Regional Housing Market Statistics

6.14%
0.36%
-14.63%
8.06%

13.69%
21.01%
-5.70%
20.56%
0.36%
-17.31%
6.43%

21.37%
29.96%
2.58%
18.32%
0.53%
-21.28%
7.08%

page 3

MLS HPI SUMMARY

August 2013
Benchmark Price
Index (HPI)

Jul-13

Feb-13

% Changes
Aug-12

Aug-10

Aug-08

CREB TOTAL RESIDENTIAL

Single Family
Townhouse
Apartment
COMPOSITE

450,000
297,400
269,400
409,900

195
187
189
193

0.6%
1.4%
1.1%
0.7%

5.0%
5.6%
6.9%
5.3%

7.1%
7.5%
8.7%
7.4%

15.6%
8.5%
10.8%
14.1%

11.3%
0.2%
3.2%
8.7%

CREB TOWNS
Single Family
Townhouse
Apartment
COMPOSITE

354,500
243,100
195,000
348,100

183
196
167
183

0.4%
1.3%
0.3%
0.5%

4.6%
7.8%
2.4%
4.7%

6.1%
11.0%
3.5%
6.3%

9.3%
11.8%
5.5%
9.2%

3.7%
-1.6%
-10.0%
2.9%

CREB CITY OF CALGARY

Single Family
Townhouse
Apartment
COMPOSITE

464,700
298,500
270,600
417,300

197
187
189
195

0.7%
1.4%
1.1%
0.8%

5.0%
5.5%
7.0%
5.4%

7.4%
7.3%
8.8%
7.6%

16.8%
8.4%
10.9%
14.8%

12.7%
0.3%
3.4%
9.5%

CREB Calgary Regional Housing Market Statistics

page 4

COMPARISONS

Benchmark Price - August

600,000
500,000
400,000
300,000
200,000
100,000
1 storey

2 Storey

CREB Total Residential

Total SF

CREB City of Calgary

Months of Supply - August

Townhouse

Total Composite
Source: CREB

CREB Towns

Sales Distribution - August

16.0

120%

14.0

100%

12.0

80%

10.0
8.0

3.31%
15.07%

18.08%

12.45%

12.84%

69.45%

69.08%

4.64%
11.14%

60%

6.0

40%

4.0
2.0
-

Apartment

84.22%

20%
Months of Supply SF

Months of Supply
Townhouse

CREB Total Residential

CREB Towns

Months of Supply
Apartment

0%
CREB Total
Residential

CREB City of
Calgary

CREB Towns

CREB City of Calgary

Single Family

Source: CREB

CALGARY INDEX VALUE

Townhouse

Apartment

CRES

Source: CREB

CALGARY INDEX YEAR OVER YEAR COMPARISON

15%

200
195
190
185
180
175
170
165
160
155
150

10%
5%
0%
-5%
-10%
-15%
-20%

Index Value Single Family

Index Value Tonwhouse

Index Value Apartment

CREB Calgary Regional Housing Market Statistics

Source: CREB

SF Y/Y Index Price Change

Apartment Y/Y Index Price Change
Townhouse Y/Y Price Change

Source: CREB

page 5 d

CREB CITY OF CALGARY

Jan.
1/1/2012
1,068
2,530
4,367
60
391,372
361,800
169
1/1/2013
1,229
2,493
3,084
50
439,763
392,000
183

2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

T41122
Calgary Total
>$100,000
$100,000 - $199,999
$200,000 - $299,999
$300,000 -$ 349,999
$350,000 - $399,999
$400,000 - $449,999
$450,000 - $499,999
$500,000 - $549,999
$550,000 - $599,999
$600,000 - $649,999
$650,000 - $699,999
$700,000 - $799,999
$800,000 - $899,999
$900,000 - $999,999
$1,000,000 - $1,249,999
$1,250,000 - $1,499,999
$1,500,000 - $1,749,999
$1,750,000 - $1,999,999
$2,000,000 - $2,499,999
$2,500,000 - $2,999,999
$3,000,000 - $3,499,999
$3,500,000 - $3,999,999
$4,000,000 +

Aug-12
8/1/2012
3
103
385
260
235
202
161
98
49
45
42
63
32
12
14
8
4
3
3
1,722

Feb.
2/1/2012
1,732
2,883
4,736
49
425,383
365,900
171
2/1/2013
1,706
2,670
3,539
38
457,349
396,100
185

T41487
Aug-13
8/1/2013
1
79
422
282
318
275
197
149
111
97
59
79
38
25
28
13
10
5
3
1
1
2
1
2,196

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2012
2,166
3,348
5,092
42
422,354
371,400
173
3/1/2013
2,107
3,193
4,007
35
460,903
400,600
187

T2012
YTD2012
8/1/2012
17
856
3,156
2,321
2,162
1,860
1,346
923
645
504
356
478
253
149
176
82
47
21
23
15
4
1
1
15,396

Apr.
4/1/2012
2,199
3,239
5,270
41
428,912
379,200
177
4/1/2013
2,377
3,475
4,366
33
446,168
406,000
189

May
5/1/2012
2,381
3,803
5,739
40
445,034
383,200
179
5/1/2013
2,537
3,714
4,743
32
461,476
409,600
191

Jun.
6/1/2012
2,196
3,305
5,715
40
441,718
385,800
180
6/1/2013
2,309
2,999
4,584
35
466,986
412,000
192

Jul.
7/1/2012
1,932
2,650
5,430
43
425,927
387,300
181
7/1/2013
2,266
2,726
4,092
39
460,123
414,100
193

Aug.
8/1/2012
1,722
2,583
5,184
45
417,051
387,700
181
8/1/2013
2,196
2,774
3,898
38
453,752
417,300
195

Sept.
9/1/2012
1,610
2,680
5,098
45
419,657
388,000
181
9/1/2013
690
1,035
4,072
37
444,923
NA
NA

Oct.
10/1/2012
1,659
2,312
4,583
46
437,030
387,700
181
10/1/2013
NA
NA
NA
NA
NA

Nov.
11/1/2012
1,457
1,632
3,831
51
433,931
388,800
181
11/1/2013
NA
NA
NA
NA
NA

Dec.
12/1/2012
1,082
880
2,722
54
436,899
390,100
182
12/1/2013
NA
NA
NA
NA
NA

YTD
12/1/2012
21,204
31,845
45
428,649

8/1/2013
16,727
24,044
36
456,776

T2013
YTD2013
8/1/2013
16
695
3,106
2,163
2,352
2,063
1,558
1,145
836
625
440
655
360
189
234
119
61
38
37
19
3
5
8
16,727

CALGARY YTD SALES BY PRICE RANGE

YTD AUGUST

35%
30%
25%
20%
15%
10%
5%
0%

YTD-2010

YTD-2011

YTD-2012

YTD-2013

Source: CREB

page 6 d

CITY OF CALGARY

CALGARY YTD TOTAL SALES

CALGARY YTD TOTAL NEW LISTINGS

YTD-AUGUST

25,000

YTD-AUGUST

40,000
35,000

20,000

30,000
25,000

15,000

20,000
10,000

15,000
10,000

5,000

5,000
0

SF Sales
TH Sales

Apartment Sales
10 Year Average

5,000
4,000
3,000
2,000
1,000
-

Inventory

Sales

Benchmark Price

Apartment New Listings

10 Year Average
Source: CREB

CALGARY MONTHS OF INVENTORY

CALGARY INVENTORY AND SALES

6,000

SF New Listings
TH New Listings

Source: CREB

450,000

400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

Months of Supply 3 month MA

Source: CREB

CALGARY PRICE CHANGE COMPARISON

BALANCED

Source: CREB

CALGARY PRICES
480,000

15%

460,000

10%

440,000

5%

420,000

0%

400,000

-5%

380,000

-10%

360,000

-15%

340,000

-20%

320,000

Average Price Y/Y% Change

Index Y/Y% Change

Y/Y Median Price Change

Source: CREB

CREB Calgary Regional Housing Market Statistics

Average Price
Benchmark Price

Median Price

Source: CREB

page 7 d

CREB CITY OF CALGARY SINGLE FAMILY

Jan.
1/1/2012
763
1,714
2,918
59
440,478
400,800
170
1/1/2013
878
1,734
2,075
47
496,821
436,900
185

2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

SF41122
Calgary SF
>$100,000
$100,000 - $199,999
$200,000 - $299,999
$300,000 -$ 349,999
$350,000 - $399,999
$400,000 - $449,999
$450,000 - $499,999
$500,000 - $549,999
$550,000 - $599,999
$600,000 - $649,999
$650,000 - $699,999
$700,000 - $799,999
$800,000 - $899,999
$900,000 - $999,999
$1,000,000 - $1,249,999
$1,250,000 - $1,499,999
$1,500,000 - $1,749,999
$1,750,000 - $1,999,999
$2,000,000 - $2,499,999
$2,500,000 - $2,999,999
$3,000,000 - $3,499,999
$3,500,000 - $3,999,999
$4,000,000 +

Aug-12
8/1/2012
1
9
133
177
188
174
136
88
46
41
40
61
30
12
14
8
4
3
2
1,167

Feb.
2/1/2012
1,281
1,999
3,093
48
470,033
404,800
172
2/1/2013
1,207
1,874
2,408
37
518,480
442,500
188

SF41487
Aug-13
8/1/2013
2
105
176
248
228
177
137
103
91
55
74
37
25
26
12
9
4
3
1
1
2
1
1,517

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2012
1,575
2,346
3,367
40
472,698
411,000
174
3/1/2013
1,478
2,235
2,727
33
518,604
446,500
190

SF2012
YTD2012
8/1/2012
2
90
1,216
1,683
1,805
1,625
1,196
847
599
471
339
453
243
143
165
79
43
20
22
14
3
1
1
11,060

Apr.
4/1/2012
1,580
2,284
3,501
38
483,045
422,000
179
4/1/2013
1,607
2,407
2,977
31
510,639
452,900
192

May
5/1/2012
1,707
2,706
3,842
37
501,684
427,500
181
5/1/2013
1,761
2,657
3,311
31
521,800
456,900
194

Jun.
6/1/2012
1,605
2,366
3,817
36
489,528
430,800
183
6/1/2013
1,634
2,148
3,199
34
527,579
459,700
195

Jul.
7/1/2012
1,382
1,879
3,646
40
478,557
432,400
184
7/1/2013
1,573
1,958
2,917
37
524,976
461,600
196

Aug.
8/1/2012
1,167
1,810
3,535
43
475,679
432,600
184
8/1/2013
1,517
1,969
2,791
37
517,234
464,700
197

Sept.
9/1/2012
1,126
1,887
3,486
42
468,964
432,900
184
9/1/2013
525
795
2,935
35
468,709
NA
NA

Oct.
10/1/2012
1,169
1,616
3,105
43
492,772
433,300
184
10/1/2013
NA
NA
NA
NA
NA

Nov.
11/1/2012
1,006
1,157
2,586
49
488,307
433,600
184
11/1/2013
NA
NA
NA
NA
NA

Dec.
12/1/2012
744
620
1,859
51
496,809
434,800
185
12/1/2013
NA
NA
NA
NA
NA

YTD
12/1/2012
15,105
22,384
42
481,259

8/1/2013
11,655
16,982
35
518,275

SF2013
YTD2013
8/1/2013
2
36
858
1,341
1,854
1,777
1,391
1,040
759
568
408
625
348
177
202
110
58
35
35
15
3
5
8
11,655

CALGARY YTD SINGLE FAMILY SALES BY PRICE RANGE

YTD AUGUST

40%
35%
30%
25%
20%
15%
10%
5%
0%

YTD-2010

YTD-2011

YTD-2012

YTD-2013

Source: CREB

page 8 d

CITY OF CALGARY SINGLE FAMILY

CALGARY YTD SINGLE FAMILY NEW LISTINGS

CALGARY YTD SINGLE FAMILY SALES

YTD-AUGUST

16,000

YTD-AUGUST

25,000

14,000
20,000

12,000
10,000

15,000

8,000
10,000

6,000
4,000

5,000

2,000
0

SF Sales

10 Year Average

SF New Listings

Source: CREB

4,000

500,000

3,500

450,000

400,000
350,000

2,500

300,000

2,000

250,000

1,500

200,000

1,000
500
-

SF Inventory

SF Sales

SF Benchmark Price

Source: CREB

CALGARY SINGLE FAMILY MONTHS OF INVENTORY

CALGARY SINGLE FAMILY INVENTORY AND SALES

3,000

10 Year Average

7
6
5
4

150,000

100,000

50,000

BALANCED

SF Months of Supply 3 month MA

Source: CREB

Source: CREB

CALGARY SINGLE FAMILY PRICES

CALGARY SINGLE FAMILY PRICE CHANGE COMPARISON

550,000

15%

530,000
510,000

10%

490,000

5%

470,000
450,000

0%

430,000
-5%

410,000
390,000

-10%

370,000

-15%

350,000

SF Average Price Y/Y% Change

Index Y/Y% Change

SF Median Price Change

CREB Calgary Regional Housing Market Statistics

Source: CREB

SF Average Price
SF Benchmark Price

SF Median Price

Source: CREB

page 9 d

CITY OF CALGARY CONDOMINIUM TOWNHOUSE

Jan.
1/1/2012
126
312
520
61
297,918
270,300
169
1/1/2013
147
308
369
52
320,590
283,400
177

2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

TH41122
Calgary Townhouse
>$100,000
$100,000 - $199,999
$200,000 - $299,999
$300,000 -$ 349,999
$350,000 - $399,999
$400,000 - $449,999
$450,000 - $499,999
$500,000 - $549,999
$550,000 - $599,999
$600,000 - $649,999
$650,000 - $699,999
$700,000 - $799,999
$800,000 - $899,999
$900,000 - $999,999
$1,000,000 - $1,249,999
$1,250,000 - $1,499,999
$1,500,000 - $1,749,999
$1,750,000 - $1,999,999
$2,000,000 - $2,499,999
$2,500,000 - $2,999,999
$3,000,000 - $3,499,999
$3,500,000 - $3,999,999
$4,000,000 +

Aug-12
8/1/2012
29
101
47
24
14
13
5
2
2
2
1
240

Feb.
2/1/2012
205
375
612
51
310,047
270,500
169
2/1/2013
220
343
427
38
337,071
283,000
177

TH41487
Aug-13
8/1/2013
19
113
55
37
27
13
5
4
3
3
2
1
282

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2012
235
358
606
49
313,134
274,600
172
3/1/2013
282
397
484
39
355,757
286,800
179

TH2012
YTD2012
8/1/2012
219
808
322
165
115
88
47
26
19
9
15
8
4
6
2
1853

Apr.
4/1/2012
268
360
612
49
320,607
276,400
173
4/1/2013
341
453
518
36
337,119
288,900
181

May
5/1/2012
288
454
675
38
330,413
277,000
173
5/1/2013
365
423
503
33
340,889
292,100
183

Jun.
6/1/2012
252
395
693
45
324,823
278,000
174
6/1/2013
317
360
489
39
341,518
295,000
184

Jul.
7/1/2012
239
304
623
45
303,380
277,400
173
7/1/2013
295
302
407
38
327,570
294,500
184

Aug.
8/1/2012
240
309
584
50
309,309
278,200
174
8/1/2013
282
355
417
34
331,793
298,500
187

Sept.
9/1/2012
208
297
548
51
329,797
277,700
174
9/1/2013
45
60
433
36
350,250
NA
NA

Oct.
10/1/2012
219
280
505
50
321,644
279,000
174
10/1/2013
NA
NA
NA
NA
NA

Nov.
11/1/2012
198
189
426
50
315,381
282,800
177
11/1/2013
NA
NA
NA
NA
NA

Dec.
12/1/2012
120
117
310
51
306,258
284,100
178
12/1/2013
NA
NA
NA
NA
NA

YTD
12/1/2012
2,598
3,750
48
316,627

8/1/2013
2,249
2,941
37
337,682

TH2013
YTD2013
8/1/2013
2
189
910
422
260
158
90
52
49
42
19
15
9
7
19
4
1
1
2249

CALGARY YTD TOWNHOUSE SALES BY PRICE RANGE

YTD AUGUST

50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%

YTD-2010

YTD-2011

YTD-2012

YTD-2013

Source: CREB

page 10 d

CITY OF CALGARY CONDOMINIUM TOWNHOUSE

CALGARY YTD TOWNHOUSE NEW LISTINGS

CALGARY YTD TOWNHOUSE SALES

YTD-AUGUST

3,000

YTD-AUGUST

4,500
4,000

2,500

3,500
3,000

2,000

2,500

1,500

2,000
1,500

1,000

1,000

500

500
-

Townhouse Sales

10 Year Average

Townhouse New Listings

Source: CREB

CALGARY TOWNHOUSE INVENTORY AND SALES

350,000

600

300,000

500

250,000

400

200,000

300

150,000

200

100,000

100

50,000
-

TH Inventory

TH Sales

TH Benchmark Price

Source: CREB

CALGARY TOWNHOUSE MONTHS OF INVENTORY

700

10 Year Average

7
6

BALANCED

3
2
1
-

TH Months of Supply 3 month MA

Source: CREB

Source: CREB

CALGARY TOWNHOUSE PRICES

CALGARY TOWNHOUSE PRICE CHANGE COMPARISON

380,000

20%

360,000

15%

340,000

10%
5%

320,000

0%

300,000

-5%

280,000

-10%

260,000

-15%

240,000

-20%

220,000

TH Average Price Y/Y % Change

Index Y/Y% Change

TH Median Price Change

CREB Calgary Regional Housing Market Statistics

Source: CREB

TH Average Price
TH Benchmark Price

Median Price

Source: CREB

page 11 d

CITY OF CALGARY CONDOMINIUM APARTMENTS

Jan.
1/1/2012
179
504
929
64
247,837
233,800
163
1/1/2013
204
451
640
62
280,067
251,300
176

2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

A41122
Calgary Apartment
>$100,000
$100,000 - $199,999
$200,000 - $299,999
$300,000 -$ 349,999
$350,000 - $399,999
$400,000 - $449,999
$450,000 - $499,999
$500,000 - $549,999
$550,000 - $599,999
$600,000 - $649,999
$650,000 - $699,999
$700,000 - $799,999
$800,000 - $899,999
$900,000 - $999,999
$1,000,000 - $1,249,999
$1,250,000 - $1,499,999
$1,500,000 - $1,749,999
$1,750,000 - $1,999,999
$2,000,000 - $2,499,999
$2,500,000 - $2,999,999
$3,000,000 - $3,499,999
$3,500,000 - $3,999,999
$4,000,000 +

Aug-12
8/1/2012
2
65
151
36
23
14
12
5
1
2
2
1
1
315

Feb.
2/1/2012
246
509
1,031
51
288,991
238,700
167
2/1/2013
279
453
704
45
287,733
252,900
177

A41487
Aug-13
8/1/2013
1
58
204
51
33
20
7
7
4
3
1
3
1
1
1
1
1
397

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2012
356
644
1,119
48
271,724
243,000
170
3/1/2013
347
561
796
40
300,582
257,700
180

A2012
YTD2012
8/1/2012
15
547
1,132
316
192
120
62
29
20
14
8
10
2
2
5
1
4
1
1
1
1
2,483

Apr.
4/1/2012
351
595
1,157
50
267,931
243,400
170
4/1/2013
429
615
871
41
291,345
261,300
183

May
5/1/2012
386
643
1,222
50
280,030
245,400
171
5/1/2013
411
634
929
35
310,096
263,600
184

Jun.
6/1/2012
339
544
1,205
55
302,258
246,300
172
6/1/2013
358
491
896
38
301,523
264,000
184

Jul.
7/1/2012
311
467
1,161
55
286,231
247,600
173
7/1/2013
398
466
768
49
302,058
267,600
187

Aug.
8/1/2012
315
464
1,065
52
281,941
248,700
174
8/1/2013
397
450
690
43
297,807
270,600
189

Sept.
9/1/2012
276
496
1,064
54
286,217
249,300
174
9/1/2013
120
180
704
48
376,363
NA
NA

Oct.
10/1/2012
271
416
973
55
289,820
247,000
173
10/1/2013
NA
NA
NA
NA
NA

Nov.
11/1/2012
253
286
819
58
310,496
248,000
173
11/1/2013
NA
NA
NA
NA
NA

Dec.
12/1/2012
218
143
553
67
304,349
248,700
174
12/1/2013
NA
NA
NA
NA
NA

YTD
12/1/2012
3,501
5,711
54
284,793

8/1/2013
2,823
4,121
43
297,748

A2013
YTD2013
8/1/2013
12
470
1,338
400
238
128
77
53
28
15
13
15
3
5
13
5
2
2
2
4
2,823

CALGARY YTD APARTMENT SALES BY PRICE RANGE

YTD AUGUST

60%
50%
40%
30%
20%
10%
0%

YTD-2010

YTD-2011

YTD-2012

YTD-2013

Source: CREB

page 12 d

CITY OF CALGARY CONDOMINIUM APARTMENTS

CALGARY YTD APARTMENT NEW LISTINGS

CALGARY YTD APARTMENT SALES

YTD-AUGUST

4,000
3,500

YTD-AUGUST

7,000
6,000

3,000

5,000

2,500

4,000

2,000

3,000

1,500

2,000

1,000
500

1,000

Apartment Sales

10 Year Average

Apartment New Listings

Source: CREB

10 Year Average

Source: CREB

CALGARY APARTMENT MONTHS OF INVENTORY

CALGARY APARTMENT INVENTORY AND SALES

1,200

300,000

1,000

250,000

800

200,000

600

150,000

10
9

400

100,000

200

50,000
-

Apartment Inventory
Apartment Benchmark Price

8
7
6
5
4

BALANCED

3
2
1
-

Apartment Sales
Source: CREB

CALGARY APARTMENT PRICE CHANGE COMPARISON

Apartment Months of Supply 3 month MA

Source: CREB

CALGARY APARTMENT PRICES

25%

320,000

20%
15%

300,000

10%

280,000

5%

260,000

0%
-5%

240,000

-10%
-15%

220,000

-20%

200,000

Apartment Average Price Y/Y% Change

Median Price Change
Index Y/Y% Change

CREB Calgary Regional Housing Market Statistics

Source: CREB

Apartment Average Price

Benchmark Price

Median Price

Source: CREB

page 13 d

CREB TOWNS
Jan.
1/1/2012
187
632
2,129
97
351,133
310,000
163
1/1/2013
245
542
1,218
82
349,213
329,200
173

2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

TO41122
CREB Towns
>$100,000
$100,000 - $199,999
$200,000 - $299,999
$300,000 -$ 349,999
$350,000 - $399,999
$400,000 - $449,999
$450,000 - $499,999
$500,000 - $549,999
$550,000 - $599,999
$600,000 - $649,999
$650,000 - $699,999
$700,000 - $799,999
$800,000 - $899,999
$900,000 - $999,999
$1,000,000 - $1,249,999
$1,250,000 - $1,499,999
$1,500,000 - $1,749,999
$1,750,000 - $1,999,999
$2,000,000 - $2,499,999
$2,500,000 - $2,999,999
$3,000,000 - $3,499,999
$3,500,000 - $3,999,999
$4,000,000 +

Aug-12
8/1/2012
1
41
87
46
52
42
24
14
7
7
1
2
324

Feb.
2/1/2012
304
602
1,761
78
326,883
312,100
164
2/1/2013
256
559
1,381
69
338,531
332,500
175

TO41487
Aug-13
8/1/2013
3
27
100
77
77
59
34
22
10
11
5
3
2
1
431

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2012
372
785
1,954
69
348,474
313,700
165
3/1/2013
364
659
1,533
55
364,728
336,100
177

TO2012
YTD2012
8/1/2012
60
293
690
561
441
356
185
101
64
45
26
17
18
10
13
6
2
2
2,890

Apr.
4/1/2012
384
738
2,061
73
355,614
319,200
168
4/1/2013
431
765
1,705
66
365,877
339,900
179

May
5/1/2012
436
751
2,116
75
372,909
321,400
169
5/1/2013
486
773
1,767
64
367,698
343,900
181

Jun.
6/1/2012
476
678
2,001
71
352,522
325,400
171
6/1/2013
470
587
1,606
62
370,550
346,200
182

July.
7/1/2012
407
587
1,922
75
348,561
326,000
172
7/1/2013
480
671
1,570
60
374,672
346,400
182

Aug.
Sept.
8/1/2012
9/1/2012
324
321
571
498
1,817
1,637
74
70
341,517
345,473
327,500
327,900
172
173
8/1/2013
9/1/2013
431
75
591
225
1,517
1,786
57
46
364,998
369,100
348,100 NA
183 NA

Oct.
10/1/2012
313
459
1,479
73
344,085
329,800
174
10/1/2013
NA
NA
NA
NA
NA

Nov.
11/1/2012
270
359
1,340
69
339,079
329,400
173
11/1/2013
NA
NA
NA
NA
NA

Dec.
12/1/2012
174
219
1,134
88
338,634
327,000
172
12/1/2013
NA
NA
NA
NA
NA

YTD
12/1/2012
3,968
6,879
78
348,588

8/1/2013
3,163
5,147
68
364,430

TO2013
YTD2013
8/1/2013
40
305
711
503
525
406
283
132
80
64
33
31
17
13
10
4
3
3
3,163

CREB TOWNS YTD SALES BY PRICE RANGE

YTD AUGUST

40%
35%
30%
25%
20%
15%
10%
5%
0%

YTD-2011

YTD-2011

YTD-2012

YTD-2013

Source: CREB

page 14 d

CREB TOWNS

CREB TOWNS YTD TOTAL SALES

CREB TOWNS YTD TOTAL NEW LISTINGS

4,000

7,000

3,500

6,000

3,000

5,000

2,500

4,000

2,000

3,000

1,500

2,000

1,000

1,000

500

SF Sales
TH Sales

Apartment Sales
10 Year Average

1,800
1,600

400,000

16

350,000

14

300,000

12

1,200

250,000

10

1,000

200,000

150,000

100,000

50,000

1,400

800
600
400
200
-

Inventory

Sales

Benchmark Price

Apartment New Listings

Source: CREB
10 Year Average

CREB TOWNS MONTHS OF INVENTORY

CREB TOWNS INVENTORY AND SALES

2,000

SF New Listings
TH New Listings

Source: CREB

BALANCED

Months of Supply 3 month MA

Source: CREB

CREB TOWNS PRICE CHANGE COMPARISON

Source: CREB

CREB TOWNS PRICES

15%

390,000

10%

370,000
350,000

5%

330,000

0%

310,000

-5%

290,000

-10%

270,000

-15%

250,000

Average Price Y/Y% Change

Index Y/Y% Change

Median Price Change

Source: CREB

CREB Calgary Regional Housing Market Statistics

Average Price

Median Price

Benchmark Price
Source: CREB

page 15 d

CREB COUNTRY RESIDENTIAL

Jan.
1/1/2012
39
216
760
127
696,615
1/1/2013
34
239
741
155
901,203

2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
2013
Sales
New Listings
Active Listings
AverageDOM
Average Price

C41122
CRES
>$100,000
$100,000 - $199,999
$200,000 - $299,999
$300,000 -$ 349,999
$350,000 - $399,999
$400,000 - $449,999
$450,000 - $499,999
$500,000 - $549,999
$550,000 - $599,999
$600,000 - $649,999
$650,000 - $699,999
$700,000 - $799,999
$800,000 - $899,999
$900,000 - $999,999
$1,000,000 - $1,249,999
$1,250,000 - $1,499,999
$1,500,000 - $1,749,999
$1,750,000 - $1,999,999
$2,000,000 - $2,499,999
$2,500,000 - $2,999,999
$3,000,000 - $3,499,999
$3,500,000 - $3,999,999
$4,000,000 +

Aug-12
8/1/2012
1
2
1
5
7
6
4
6
2
3
13
9
6
10
2
5
2
1
1
86

Feb.
2/1/2012
66
221
837
94
835,637
2/1/2013
72
210
761
104
831,221

C41487
Aug-13
8/1/2013
1
4
5
1
5
6
2
7
6
10
13
9
7
9
7
3
1
96

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2012
76
309
962
91
821,303
3/1/2013
72
258
897
107
774,036

C2012
YTD2012
8/1/2012
4
13
27
29
30
30
34
28
34
36
48
78
64
42
63
23
22
9
14
3
3
1
635

Apr.
4/1/2012
90
257
1,044
93
806,827
4/1/2013
84
289
1,001
105
830,942

May
5/1/2012
97
349
1,190
98
824,182
5/1/2013
104
333
1,123
91
762,134

Jun.
6/1/2012
96
290
1,221
114
766,068
6/1/2013
99
267
1,138
87
814,436

Jul.
7/1/2012
85
218
1,198
100
729,587
7/1/2013
90
236
1,132
96
811,453

Aug.
8/1/2012
86
197
1,138
113
835,283
8/1/2013
96
221
1,157
110
773,702

Sept.
9/1/2012
69
243
1,104
124
854,791
9/1/2013
15
105
5,425
17
623,000

Oct.
10/1/2012
80
159
973
129
702,698
10/1/2013
NA
NA
NA

Nov.
11/1/2012
53
107
872
125
881,333
11/1/2013
NA
NA
NA

Dec.
12/1/2012
36
72
674
108
714,994
12/1/2013
NA
NA
NA

YTD
12/1/2012
873
2,638
108
793,056
8/1/2013
651
2,053
102
803,711

C2013
YTD2013
8/1/2013
3
10
34
21
24
30
33
35
39
38
46
78
53
52
71
37
22
8
11
4
2
651

CRES YTD SALES BY PRICE RANGE

YTD AUGUST

40%
35%
30%
25%
20%
15%
10%
5%
0%

YTD-2010

YTD-2011

YTD-2012

YTD-2013

Source: CREB

page 16 d

CREB COUNTRY RESIDENTIAL

CRES YTD TOTAL NEW LISTINGS

CRES YTD TOTAL SALES

2500

800
700

2000

600
500

1500

400
1000

300
200

500

100
0

CRES Sales

10 Year Average

CRES New Listings

Source: CREB

1,400

900,000

40

1,200

800,000

35

700,000

30

600,000

800

500,000

600

400,000
300,000

400
200
-

Inventory

Sales

Median Price

Source: CREB

CRES MONTHS OF INVENTORY

CRES INVENTORY AND SALES

1,000

10 Year Average

25
20
15

200,000

10

100,000

BALANCED

Months of Supply 3 month MA

Source: CREB

CRES PRICE CHANGE COMPARISON

Source: CREB

CRES PRICES
1,200,000

60%
50%
40%
30%
20%
10%
0%
-10%
-20%
-30%
-40%

1,100,000
1,000,000
900,000
800,000
700,000
600,000
500,000
Average Price Y/Y% Change
Median Price Change
Average Price Y/Y% Change 3 month MA

CREB Calgary Regional Housing Market Statistics

Source: CREB

Average Price
Median Price

Average Price 3 month MA

Source: CREB

page 17 d

CREB TOTAL RESIDENTIAL

Jan.
1/1/2012
1,326
3,478
7,256
69
393,778
356,700
168
1/1/2013
1,588
3,462
5,713
59
431,889
385,300
182

2012
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index
2013
Sales
New Listings
Active Listings
AverageDOM
Average Price
Benchmark Price
Index

CT41122
CREB Total
>$100,000
$100,000 - $199,999
$200,000 - $299,999
$300,000 -$ 349,999
$350,000 - $399,999
$400,000 - $449,999
$450,000 - $499,999
$500,000 - $549,999
$550,000 - $599,999
$600,000 - $649,999
$650,000 - $699,999
$700,000 - $799,999
$800,000 - $899,999
$900,000 - $999,999
$1,000,000 - $1,249,999
$1,250,000 - $1,499,999
$1,500,000 - $1,749,999
$1,750,000 - $1,999,999
$2,000,000 - $2,499,999
$2,500,000 - $2,999,999
$3,000,000 - $3,499,999
$3,500,000 - $3,999,999
$4,000,000 +

Aug-12
8/1/2012
9
157
500
333
311
271
195
119
63
58
47
82
43
18
26
10
9
5
1
3
1
2,261

Feb.
2/1/2012
2,154
3,902
7,858
56
421,465
360,500
170
2/1/2013
2,128
3,636
6,366
47
453,384
389,300
184

CT41487
Aug-13
8/1/2013
10
121
559
396
424
362
252
180
132
119
78
97
50
34
38
21
13
5
3
2
1
2
1
2,900

CREB Calgary Regional Housing Market Statistics

Mar.
3/1/2012
2,698
4,746
8,650
48
422,416
365,600
172
3/1/2013
2,676
4,426
7,169
42
451,555
393,800
186

CT2012
YTD2012
8/1/2012
110
1,232
4,051
3,027
2,759
2,350
1,601
1,094
768
607
444
590
347
206
257
113
72
33
37
18
7
2
1
19,726

Apr.
4/1/2012
2,787
4,562
9,115
49
429,419
373,000
176
4/1/2013
3,051
4,884
7,854
42
442,246
398,900
188

May
5/1/2012
3,041
5,230
9,864
48
444,281
376,800
178
5/1/2013
3,305
5,185
8,485
40
453,233
402,700
190

Jun.
6/1/2012
2,903
4,566
9,802
49
434,909
379,600
179
6/1/2013
3,060
4,184
8,189
42
458,006
404,800
191

Jul.
7/1/2012
2,556
3,731
9,433
52
421,747
381,100
180
7/1/2013
3,025
3,958
7,646
47
451,375
407,000
192

Aug.
8/1/2012
2,261
3,558
8,975
54
418,744
381,700
180
8/1/2013
2,900
3,852
7,550
45
446,343
409,900
193

Sept.
9/1/2012
2,096
3,620
8,650
54
419,971
381,900
180
9/1/2013
810
1,500
5,425
40
432,286
NA
NA

Oct.
10/1/2012
2,151
3,134
7,798
54
431,596
381,900
180
10/1/2013
NA
NA
NA
NA
NA

Nov.
11/1/2012
1,866
2,251
6,758
57
429,197
382,600
180
11/1/2013
NA
NA
NA
NA
NA

Dec.
12/1/2012
1,368
1,299
5,167
64
429,876
383,400
181
12/1/2013
NA
NA
NA
NA
NA

YTD
12/1/2012
27,207
44,077
53
426,449

8/1/2013
21,733
33,587
43
449,433

CT2013
YTD2013
8/1/2013
108
1,126
4,054
2,893
3,093
2,643
1,947
1,364
987
761
540
794
448
263
322
164
87
49
49
23
3
7
8
21,733

CREB RESIDENTIAL YTD SALES BY PRICE RANGE

YTD AUGUST
35%
30%
25%
20%
15%
10%
5%
0%

YTD-2010

YTD-2011

YTD-2012

YTD-2013

Source: CREB

page 18 d

CREB TOTAL RESIDENTIAL

CREB RESIDENTIAL YTD TOTAL NEW LISTINGS

CREB RESIDENTIAL YTD TOTAL SALES

YTD-AUGUST

30,000
25,000
20,000
15,000
10,000
5,000
0

SF Sales
TH Sales

Apartment Sales
CRES

450,000

9,000

400,000

8,000

350,000
300,000
250,000

5,000

200,000

4,000

150,000

3,000
2,000

100,000

1,000

50,000
0

Inventory

Sales

Benchmark Price

Apartment New Listings

CRES New Listings
Source: CREB

CREB RESIDENTIAL MONTHS OF INVENTORY

10,000

6,000

SF New Listings
TH New Listings
10 Year Average

Source: CREB

CREB RESIDENTIAL INVENTORY AND SALES

7,000

YTD-AUGUST

50,000
45,000
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0

12
10
8
6
4

BALANCED

2
-

Months of Supply 3 month MA

Source: CREB

CREB RESIDENTIAL PRICE CHANGE COMPARISON

Source: CREB

CREB RESIDENTIAL PRICES

480,000

15%

460,000

10%

440,000

5%

420,000

0%

400,000

-5%

380,000

-10%

360,000
340,000

-15%

320,000

-20%

300,000
Average Price Y/Y Change
Index Y/Y% Change

Median Price Change

Source: CREB

CREB Calgary Regional Housing Market Statistics

Average Price

Median Price

Benchmark Price
Source: CREB

page 19 d

DEFINITIONS
SF - Single Family

LP - List Price

TH - Condominium Townhouse

Sales $ / List $ - sales price to list price ratio

Months of Supply - Active Listings (Inventory) / sales

CRES - Country residential properties

Composite - includes single family, apartment and townhouse activity

YTD - Year to Date

Average DOM - Average Days on Market for Sold properties

3 month MA - 3 month Moving Average

SP Sales Price
Benchmark Price Price of the typical home, based on the value consumers assign to various attributes
MLS Home Price Index changes in home prices by comparing price levels at a point in time with price levels in a base (reference) period.

HOW THESE STATISTICS ARE CALCULATED

In order to align our data with the MLS Home Price Index (HPI), we made several changes to the data that we report, as well as the
monthly statistics.
The new package provides more information and data exclusions to provide a better residential picture. All the data provided
through the monthly statistics package as of March 2012, reflect these adjustments. Please note, historical PDF packages do not
include the changes.
MONTHLY STATISTICS PACKAGE
We now provide monthly statistics for: CREB Total Residential, CREB Towns, CREB Country Residential (CRES),
City of Calgary, City of Calgary Single Family, City of Calgary Apartment, City of Calgary Townhouse.
Median prices have been removed and replaced with the benchmark price and the index.
MLS HPI Summary was added.
Several trending graphs and summary stats were added for each category
All categories exclude: vacant lots, time shares, parking stalls and mobile homes on leased land.
CITY OF CALGARY
Includes sales in Zones A, B, C, D only.
Condominium Apartment includes all Condominium title properties that are classified by type as either a low-rise or
high-rise apartment.
Condominium Townhouse includes all Condominium titled properties that are not classified as an Apartment.
Historical inventories have been adjusted to reflect the adjustments made to the data.
TOTAL MLS

Changed to CREB Total Residential

Excludes: Rural Land, Country Recreational (CREC),
The exclusions applied to the data results in roughly 400 500 less sales per year.
Historical inventories have been revised to best reflect the adjustments made to the data, while Mobile Homes, Rural Land
and CREC were removed for inventories, we could not exclude vacant lots, time shares and parking stalls from historical
inventories.

CREB Towns
Includes only areas outside of Calgary in which CREB represents the majority of membership
Areas included: Airdrie, Foothills, Kneehill, Mountain View, Rocky View, Wheatland and Willow Creek.
All historical data has been revised
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.
For Calgary Metro, CREB statistics include only Zone A, B, C and D for properties located in Calgary. Furthermore, all historical data
has been adjusted to the most current information.
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 companys market share. All MLS active listings for Calgary and area may be found on the
boards website at www.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

page 20 d