January 20202020 MONTHLY STATISTICS PACKAGE CREB® Region Report Jan

JanuaryJanuary 20202020 MONTHLY STATISTICS PACKAGE CREB® Region Report Jan. 20

REGIONAL HIGHLIGHTS February 3, 2020 Airdrie • Improving sales and easing inventories helped push the months of supply down to 4.7 months. This represents levels that are consistent with longer- term trends and reflects relatively balanced conditions. • The improvements in the supply relative to demand have started to generate much more stability in prices, which have remained comparable to last month and slightly higher than last year’s levels. Cochrane

• January recorded a significant gain in sales and a significant

drop in new listings. This resulted in a drop in the months of supply to four months, a significant improvement from the 14 months recorded last January. • If the improvements continue, this should start to support price

stability. However, the recent change has not yet impacted prices, which remain nearly three per cent lower than last year’s levels. Okotoks • Sales activity in town improved SHARE OF SALES January 2020 to levels consistent with longer- term trends. The improvement in 1% 1% Calgary 2% sales helped offset the slight rise in new listings, helping reduce Airdrie 6% inventories and bringing the 8% months of supply down to levels Rocky View Region more consistent with balanced conditions. Foothills Region 6% The steady reduction in • Mountain View oversupply in this market is Region helping to generate more Wheatland Region 76% stability in prices. In January, benchmark prices remained Other Active Areas comparable to levels recorded last year. Source: CREB®

CREB® Calgary Regional Housing Market Statistics 2 CREB® Region Summary

Jan. 20

New Sales to New Months of Benchmark Average Median Share of Sales Sales Inventory January 2020 Listings Listings Ratio Supply Price Price Price Activity City of Calgary 863 2,358 36.60% 5,054 5.86 417,100 451,349 400,000 76% Airdrie 74 161 45.96% 346 4.68 329,800 380,489 360,000 6% Rocky View Region 89 231 38.53% 688 7.73 502,500 499,509 417,000 8% Foothills Region 64 156 41.03% 498 7.78 368,300 509,655 345,250 6% Mountain View Region 23 71 32.39% 287 12.48 299,000 295,870 295,000 2% Kneehill Region 2 11 18.18% 74 37.00 176,000 243,500 243,500 0% Wheatland Region 13 59 22.03% 194 14.92 210,300 273,231 325,000 1% Willow Creek Region 5 25 20.00% 100 20.00 204,700 268,200 225,000 0% Vulcan Region 0 10 0.00% 60 - 237,600 NA NA 0% Bighorn Region 7 33 21.21% 115 16.43 747,200 918,071 726,500 1% CREB® Economic Region 1,140 3,115 36.60% 7,416 6.51 411,500 450,313 395,000 100% CREB® SALES BY PRICE RANGE CREB® INVENTORY BY PRICE RANGE 350 1,800

300 1,500

250 1,200 200 900 150 600 100

50 300

0 0

Calgary Airdrie Rocky View Region Calgary Airdrie Rocky View Region Foothills Region Mountain View Region Kneehill Region Foothills Region Mountain View Region Kneehill Region Wheatland Region Willow Creek Region Vulcan Region Wheatland Region Willow Creek Region Vulcan Region Bighorn Region Bighorn Region Source: CREB® Source: CREB®

CREB® TOTAL SALES: YEAR-TO-DATE CREB® TOTAL NEW LISTINGS: YEAR-TO-DATE 2020 2020 2,000 4,500

1,800 4,000 1,600 3,500 1,400 3,000 1,200 2,500 1,000 2,000 800 1,500 600 400 1,000 200 500 0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Bighorn Region Source: CREB® Bighorn Region Source: CREB®

CREB® Calgary Regional Housing Market Statistics 3 CREB® Region

Jan. 20

CREB® ECONOMIC REGION TOTAL SALES CREB® ECONOMIC REGION TOTAL SALES BY PRICE

2020 RANGE 2020 2,000 350 1,800 300 1,600 1,400 250 1,200 200 1,000 800 150 600 100 400 200 50

0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Detached Apartment Semi - Detached

Row 10 Year Average 2017 2018 2019 2020 Source: CREB® Source: CREB®

CREB® ECONOMIC REGION INVENTORY AND SALES CREB® ECONOMIC REGION MONTHS OF INVENTORY

12,000 426,000 9 424,000 8 10,000 422,000 7 420,000 8,000 6 418,000 416,000 5 6,000 414,000 4 412,000 4,000 3 410,000 2 2,000 408,000 406,000 1

- 404,000 - Nov.Dec.Jan.Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan. 2015 2016 2017 2018 2019 2020 '18 '18 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 Source: CREB® 12 month moving average Inventory Sales Benchmark Price Source: CREB® Months of Supply Trended

CREB® ECONOMIC REGION PRICE CHANGE CREB® ECONOMIC REGION PRICES 10% 550,000 8% 500,000 6% 450,000 4% 400,000 2% 350,000 0% 300,000 -2% 250,000 -4% 200,000 -6% 150,000 -8% 100,000 2015 2016 2017 2018 2019 2020 2015 2016 2017 2018 2019 2020 Detached Price Apartment Price Semi Y/Y%change Row Y/Y% change Source: CREB® Source: CREB® Apartment Y/Y% change Detached Y/Y% Change Row Price Semi Price

CREB® Calgary Regional Housing Market Statistics 4 CREB® Region

Jan. 20 DETACHED BENCHMARK PRICE

900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 Calgary Airdrie Rural Chester Cochrane Rural High Okotoks Turner Rural Carstairs Didsbury Rural Strathmore Rocky View -mere Foothills River Valley Mtn. View Wheatland

Source: CREB®

YEAR OVER YEAR PRICE GROWTH COMPARISONS

12% 10% 8% 6% 4% 2% 0% -2% -4% -6% Calgary Airdrie Rural Chester Cochrane Rural High Okotoks Turner Rural Carstairs Didsbury Rural Strathmore Rocky View -mere Foothills River Valley Mtn. View Wheatland

Source: CREB®

TYPICAL HOME ATTRIBUTES - DETACHED HOMES

Gross Living Area Above Ground Full Half (Above Ground) Lot Size Bedrooms Year Built Bathrooms Bathrooms City of Calgary 1407 4897 3 1992 2 1 Airdrie 1435 4596 3 2003 2 1 Rural Rocky View 1863 3957 3 1997 2 1 Cochrane 1548 5476 3 1999 2 1 Chestermere 1909 5519 3 2003 2 1 Rural Foothills 1752 Unavailable 3 1995 2 0 High River 1341 5646 3 1997 2 0 Okotoks 1541 4972 3 2002 2 1 Turner Valley 1232 6200 3 1994 2 0 Rural Mountain View 1345 6027 3 1989 2 0 Carstairs 1335 6504 3 2001 2 0 Didsbury 1251 6473 3 1982 2 0 Rural Wheatland 1264 6135 3 1979 2 0 Strathmore 1302 5562 3 2000 2 0

CREB® Calgary Regional Housing Market Statistics 5 Calgary CMA

Jan. 20

CALGARY CMA SALES BY PRICE RANGE CALGARY CMA INVENTORY BY PRICE RANGE

300 1,400

1,200 250

1,000 200

800 150 600

100 400

50 200

0 0

Calgary Airdrie Rocky View Region Calgary Airdrie Rocky View Region

Source: CREB® Source: CREB®

CALGARY CMA SALES: YEAR-TO-DATE CALGARY CMA NEW LISTINGS: YEAR-TO-DATE 2020 2020 1,800 4,000

1,600 3,500

1,400 3,000 1,200 2,500 1,000 2,000 800 1,500 600 1,000 400

200 500

0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Calgary Airdrie Rocky View Region Calgary Airdrie Rocky View Region Source: CREB® Source: CREB®

CREB® Calgary Regional Housing Market Statistics 6 Calgary CMA

Jan. 20

CALGARY CMA TOTAL SALES CALGARY CMA TOTAL SALES BY PRICE RANGE 2020 2020 1,800 300

1,600 250 1,400

1,200 200

1,000 150 800

600 100

400 50 200

0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Detached Apartment Semi - Detached 2017 2018 2019 2020 Row 10 Year Average Source: CREB® Source: CREB®

CALGARY CMA INVENTORY AND SALES CALGARY CMA MONTHS OF INVENTORY

10,000 430,000 8

9,000 428,000 7 8,000 426,000 6 424,000 7,000 422,000 5 6,000 420,000 5,000 4 418,000 4,000 416,000 3 3,000 414,000 2 2,000 412,000 1,000 410,000 1

- 408,000 - Nov.Dec.Jan.Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan. 2015 2016 2017 2018 2019 2020 '18 '18 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 Source: CREB® Inventory Sales Benchmark Price Source: CREB® Months of Supply Trended 12 month moving average

CALGARY CMA PRICE CHANGE CALGARY CMA PRICES 10% 550,000 8% 500,000 6% 450,000 4% 400,000 2% 350,000 0% 300,000 -2% 250,000 -4% 200,000 -6% 150,000 -8% 100,000 2015 2016 2017 2018 2019 2020 2015 2016 2017 2018 2019 2020 Detached Price Apartment Price Semi Y/Y%change Row Y/Y% change Source: CREB® Source: CREB® Apartment Y/Y% change Detached Y/Y% Change Row Price Semi Price

CREB® Calgary Regional Housing Market Statistics 7 Airdrie

Jan. 20

AIRDRIE TOTAL SALES AIRDRIE TOTAL SALES BY PRICE RANGE

2020 2020 80 35

70 30

60 25 50 20 40 15 30 10 20

10 5

0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Detached Apartment Semi - Detached 2017 2018 2019 2020 Row 10 Year Average Source: CREB® Source: CREB®

AIRDRIE INVENTORY AND SALES AIRDRIE MONTHS OF INVENTORY

600 338,000 9 8 336,000 500 7 334,000 400 6 332,000 5 300 330,000 4 328,000 200 3 326,000 2 100 324,000 1

- 322,000 - Nov.Dec.Jan.Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan. 2015 2016 2017 2018 2019 2020 '18 '18 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 Source: CREB® Inventory Sales Benchmark Price Source: CREB® Months of Supply Trended 12 month moving average

AIRDRIE PRICE CHANGE AIRDRIE PRICES 25% 450,000 20% 400,000 15% 350,000 10% 5% 300,000

0% 250,000 -5% 200,000 -10% -15% 150,000

-20% 100,000 2015 2016 2017 2018 2019 2020 2015 2016 2017 2018 2019 2020 Detached Price Apartment Price Semi Y/Y%change Row Y/Y% change Source: CREB® Source: CREB® Apartment Y/Y% change Detached Y/Y% Change Row Price Semi Price

CREB® Calgary Regional Housing Market Statistics 8 Rocky View Region

Jan. 20 Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price January 2020 Activity Total Rocky View Region 89 231 38.53% 688 7.73 502,500 499,509 417,000 100% Rural Rocky View 16 71 22.54% 255 15.94 758,300 888,781 806,000 18% Beiseker 0 2 0.00% 6 - - NA NA 0% Bragg Creek 2 6 33.33% 11 5.50 - 795,000 795,000 2% Chestermere 21 39 53.85% 134 6.38 441,300 496,248 465,000 24% Cochrane 45 75 60.00% 191 4.24 389,400 390,812 343,000 51% Crossfield 1 10 10.00% 31 31.00 - 135,000 135,000 1% Irricana 4 7 57.14% 14 3.50 - 125,750 95,000 4% Langdon 0 14 0.00% 31 - - NA NA 0% Redwood Meadows 0 5 0.00% 8 - - NA NA 0% Other 0 2 0.00% 7 - - NA NA 0%

SALES BY PRICE RANGE JANUARY INVENTORY BY PRICE RANGE JANUARY 25 180

160

20 140

120 15 100

80 10 60

5 40 20

0 0

Rural Rocky View Cochrane Chestermere Rural Rocky View Cochrane Chestermere Beiseker Bragg Creek Crossfield Beiseker Bragg Creek Crossfield Irricana Langdon Redwood Meadows Irricana Langdon Redwood Meadows Source: CREB® Source: CREB®

ROCKY VIEW SALES: YEAR-TO-DATE ROCKY VIEW NEW LISTINGS: YEAR-TO-DATE 2020 2020 120 350

100 300

250 80 200 60 150 40 100

20 50

0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

CREB® Calgary Regional Housing Market Statistics 9 Cochrane

Jan. 20

COCHRANE TOTAL SALES COCHRANE TOTAL SALES BY PRICE RANGE

2020 2020 50 20 45 18 40 16 35 14 30 12 25 10 20 8 15 6 10 4 5 2 0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Detached Apartment Semi - Detached 2017 2018 2019 2020 Row 10 Year Average Source: CREB® Source: CREB®

COCHRANE INVENTORY AND SALES COCHRANE MONTHS OF INVENTORY

400 415,000 16

350 410,000 14

300 405,000 12

250 400,000 10

200 395,000 8

150 390,000 6

100 385,000 4

50 380,000 2

- 375,000 - Nov.Dec.Jan.Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan. 2015 2016 2017 2018 2019 2020 '18 '18 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 Source: CREB® 12 month moving average Inventory Sales Benchmark Price Source: CREB® Months of Supply Trended

COCHRANE PRICE CHANGE COCHRANE PRICES 15% 500,000

450,000 10% 400,000 5% 350,000

0% 300,000

250,000 -5% 200,000 -10% 150,000

-15% 100,000 2015 2016 2017 2018 2019 2020 2015 2016 2017 2018 2019 2020 Detached Price Apartment Price Semi Y/Y%change Row Y/Y% change Source: CREB® Source: CREB® Apartment Y/Y% change Detached Y/Y% Change Row Price Semi Price

CREB® Calgary Regional Housing Market Statistics 10 Chestermere

Jan. 20

CHESTERMERE TOTAL SALES CHESTERMERE TOTAL SALES BY PRICE RANGE

2020 2020 30 10 9 25 8 7 20 6 15 5 4 10 3

5 2 1 0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Detached Apartment Semi - Detached 2017 2018 2019 2020 Row 10 Year Average Source: CREB® Source: CREB®

CHESTERMERE INVENTORY AND SALES CHESTERMERE MONTHS OF INVENTORY

250 470,000 16

465,000 14 200 460,000 12 455,000 10 150 450,000 8 445,000 100 6 440,000 4 50 435,000 430,000 2

- 425,000 - Nov.Dec.Jan.Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan. 2015 2016 2017 2018 2019 2020 '18 '18 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 Source: CREB® 12 month moving average Inventory Sales Benchmark Price Source: CREB® Months of Supply Trended

CHESTERMERE PRICE CHANGE CHESTERMERE PRICES 15% 550,000 500,000 10% 450,000 5% 400,000 350,000 0% 300,000 -5% 250,000 200,000 -10% 150,000 -15% 100,000 2015 2016 2017 2018 2019 2020 2015 2016 2017 2018 2019 2020 Detached Price Apartment Price Semi Y/Y%change Row Y/Y% change Source: CREB® Source: CREB® Apartment Y/Y% change Detached Y/Y% Change Row Price Semi Price

CREB® Calgary Regional Housing Market Statistics 11 Rural Rocky View

Jan. 20

RURAL ROCKY VIEW TOTAL SALES RURAL ROCKY VIEW TOTAL SALES BY PRICE RANGE

2020 2020 20 10 18 9 16 8 14 7 12 6 10 5 8 4 6 3 4 2 2 1 0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Detached Apartment Semi - Detached 2017 2018 2019 2020 Row 10 Year Average Source: CREB® Source: CREB®

RURAL ROCKY VIEW INVENTORY AND SALES RURAL ROCKY VIEW MONTHS OF INVENTORY

450 800,000 60

400 790,000 50 350

300 780,000 40

250 770,000 30 200

150 760,000 20

100 750,000 10 50

- 740,000 - Nov.Dec.Jan.Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan. 2015 2016 2017 2018 2019 2020 '18 '18 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 Source: CREB® Inventory Sales Benchmark Price Source: CREB® Months of Supply Trended 12 month moving average

RURAL ROCKY VIEW PRICE CHANGE RURAL ROCKY VIEW PRICES 15% 1,000,000

10% 900,000 800,000 5% 700,000 0% 600,000

-5% 500,000 400,000 -10% 300,000 -15% 200,000 -20% 100,000 2015 2016 2017 2018 2019 2020 2015 2016 2017 2018 2019 2020 Detached Price Apartment Price Semi Y/Y%change Row Y/Y% change Source: CREB® Source: CREB® Apartment Y/Y% change Detached Y/Y% Change Row Price Semi Price

CREB® Calgary Regional Housing Market Statistics 12 Foothills Region

Jan. 20

Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price January 2020 Activity Total Foothills Region 64 156 41.03% 674 10.53 368,300 509,655 345,250 100% Rural Foothills 10 29 34.48% 134 13.40 455,800 1,239,650 955,000 15% Black Diamond 2 5 40.00% 14 7.00 - 299,000 299,000 3% Blackie 0 2 0.00% 6 - - NA NA 0% Cayley 0 0 - 6 - - NA NA 0% De Winton 1 4 25.00% 10 10.00 - 740,000 740,000 2% Heritate Pointe 1 10 10.00% 27 27.00 - 1,060,000 1,060,000 2% High River 18 23 78.26% 85 4.72 313,300 301,328 322,500 28% Okotoks 28 69 40.58% 174 6.21 410,300 385,018 340,000 43% Turner Valley 3 8 37.50% 19 6.33 294,900 438,333 410,000 5% Priddis Greens 0 3 0.00% 14 - - NA NA 0% Longview 1 2 50.00% 2 2.00 - 304,000 304,000 2% Other 1 3 33.33% 9 9.00 - 304,000 304,000 2%

SALES BY PRICE RANGE JANUARY INVENTORY BY PRICE RANGE JANUARY 25 100 90 20 80 70 15 60 50 10 40 30 5 20 10 0 0

Okotoks High River Rural Foothills Okotoks High River Rural Foothills Heritage Pointe Black Diamond Blackie Heritage Pointe Black Diamond Blackie Cayley Longview Turner Valley Cayley Longview Turner Valley De Winton Priddis Greens Other Source: CREB® De Winton Priddis Greens Other Source: CREB®

FOOTHILLS SALES: YEAR-TO-DATE 2020 FOOTHILLS NEW LISTINGS: YEAR-TO-DATE 2020 80 250

70 200 60

50 150 40

30 100

20 50 10

0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Okotoks High River Rural Foothills Okotoks High River Rural Foothills Heritage Pointe Black Diamond Blackie Heritage Pointe Black Diamond Blackie Cayley Longview Turner Valley Cayley Longview Turner Valley De Winton Priddis Greens Source: CREB® De Winton Priddis Greens Source: CREB®

CREB® Calgary Regional Housing Market Statistics 13 Okotoks

Jan. 20

OKOTOKS TOTAL SALES OKOTOKS TOTAL SALES BY PRICE RANGE

2020 2020 45 12

40 10 35

30 8

25 6 20

15 4

10 2 5

0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Detached Apartment Semi - Detached 2017 2018 2019 2020 Row 10 Year Average Source: CREB® Source: CREB®

OKOTOKS INVENTORY AND SALES OKOTOKS MONTHS OF INVENTORY

300 425,000 16

14 250 420,000 12 415,000 200 10 410,000 150 8 405,000 6 100 400,000 4 50 395,000 2

- 390,000 - Nov.Dec.Jan.Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan. 2015 2016 2017 2018 2019 2020 '18 '18 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 Source: CREB® 12 month moving average Inventory Sales Benchmark Price Source: CREB® Months of Supply Trended

OKOTOKS PRICE CHANGE OKOTOKS PRICES 15% 500,000

450,000 10% 400,000

5% 350,000 300,000 0% 250,000

200,000 -5% 150,000

-10% 100,000 2015 2016 2017 2018 2019 2020 2015 2016 2017 2018 2019 2020 Detached Price Apartment Price Semi Y/Y%change Row Y/Y% change Source: CREB® Source: CREB® Apartment Y/Y% change Detached Y/Y% Change Row Price Semi Price

CREB® Calgary Regional Housing Market Statistics 14 Rural Foothills

Jan. 20

RURAL FOOTHILLS TOTAL SALES RURAL FOOTHILLS TOTAL SALES BY PRICE RANGE

2020 2020 18 6

16 5 14

12 4

10 3 8

6 2

4 1 2

0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Detached Apartment Semi - Detached 2017 2018 2019 2020 Row 10 Year Average Source: CREB® Source: CREB®

RURAL FOOTHILLS INVENTORY AND SALES RURAL FOOTHILLS MONTHS OF INVENTORY

300 460,000 60

450,000 250 50 440,000 200 40 430,000

150 420,000 30

410,000 100 20 400,000 50 10 390,000

- 380,000 - Nov.Dec.Jan.Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan. 2015 2016 2017 2018 2019 2020 '18 '18 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 Source: CREB® Inventory Sales Benchmark Price Source: CREB® Months of Supply Trended 12 month moving average

RURAL FOOTHILLS PRICE CHANGE RURAL FOOTHILLS PRICES 20% 500,000

15% 450,000 400,000 10% 350,000 5% 300,000 0% 250,000 -5% 200,000

-10% 150,000

CREB® Calgary Regional Housing Market Statistics 15 Wheatland Region

Jan. 20 Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price January 2020 Activity Total Wheatland Region* 13 59 22.03% 194 14.92 210,300 273,231 325,000 92% Rural Wheatland* 0 8 0.00% 43 - 210,300 NA NA 0% Carseland* 0 1 0.00% 3 - - NA NA 0% Lyalta* 0 3 0.00% 11 - - NA NA 0% Rockyford* 0 1 0.00% 4 - - NA NA 0% Strathmore 11 43 25.58% 121 11.00 330,300 281,545 325,000 85% Gleichen 1 1 100.00% 1 1.00 - 45,000 45,000 8% Other* 2 3 66.67% 12 6.00 - 227,500 227,500 15% *Data within these areas many not accurately reflect total resale activity and trends

SALES BY PRICE RANGE INVENTORY BY PRICE RANGE JANUARY JANUARY 6 60

5 50

4 40

3 30

2 20

1 10

0 0

Strathmore Rural Wheatland Carseland Strathmore Rural Wheatland Carseland

Lyalta Rockyford Other Lyalta Rockyford Other Source: CREB® Source: CREB®

WHEATLAND SALES: YEAR-TO-DATE WHEATLAND NEW LISTINGS: YEAR-TO-DATE 2020 2020 30 80

70 25 60 20 50

15 40

30 10 20 5 10

0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Strathmore Rural Wheatland Carseland Strathmore Rural Wheatland Carseland

Lyalta Rockyford Lyalta Rockyford Source: CREB® Source: CREB®

CREB® Calgary Regional Housing Market Statistics 16 Strathmore

Jan. 20

STRATHMORE TOTAL SALES STRATHMORE TOTAL SALES BY PRICE RANGE

2020 2020 25 10 9 20 8 7 15 6 5 10 4 3 5 2 1 0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Detached Apartment Semi - Detached 2017 2018 2019 2020 Row 10 Year Average Source: CREB® Source: CREB®

STRATHMORE INVENTORY AND SALES STRATHMORE MONTHS OF INVENTORY

200 360,000 25

180 355,000 20 160 350,000 140 345,000 120 15 340,000 100 335,000 80 10 330,000 60 325,000 40 5 20 320,000

- 315,000 - Nov.Dec.Jan.Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan. 2015 2016 2017 2018 2019 2020 '18 '18 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 Source: CREB® Inventory Sales Benchmark Price Source: CREB® Months of Supply Trended 12 month moving average

STRATHMORE PRICE CHANGE STRATHMORE PRICES 15% 450,000

10% 400,000

350,000 5% 300,000 0% 250,000 -5% 200,000

-10% 150,000

CREB® Calgary Regional Housing Market Statistics 17 Mountain View Region

Jan. 20 Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price January 2020 Activity Total Mountain View Region* 23 71 32.39% 287 12.48 299,000 295,870 295,000 100% Rural Mountain View* 2 11 18.18% 76 38.00 254,200 509,000 509,000 9% Carstairs 4 15 26.67% 54 13.50 312,500 214,625 173,750 17% Cremona 0 0 - 3 - - NA NA 0% Didsbury 5 12 41.67% 31 6.20 291,700 299,600 298,000 22% Olds* 7 23 30.43% 83 11.86 330,900 259,643 295,000 30% Sundre* 5 10 50.00% 37 7.40 261,400 322,600 350,000 22% Other* 0 0 - 3 - - NA NA 0% *Data within these areas many not accurately reflect total resale activity and trends

SALES BY PRICE RANGE INVENTORY BY PRICE RANGE JANUARY JANUARY 9 80

8 70

7 60 6 50 5 40 4 30 3 20 2 1 10 0 0

Rural Mountain View Didsbury Olds Rural Mountain View Didsbury Olds

Sundre Carstairs Cremona Sundre Carstairs Cremona

Other Source: CREB® Other Source: CREB®

MOUNTAIN VIEW SALES: YEAR-TO-DATE MOUNTAIN VIEW NEW LISTINGS: YEAR-TO-DATE 2020 2020 35 100 90 30 80

25 70

60 20 50

15 40

10 30 20 5 10

0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Rural Mountain View Didsbury Olds Rural Mountain View Didsbury Olds

Sundre Carstairs Cremona Source: CREB® Sundre Carstairs Cremona Source: CREB®

CREB® Calgary Regional Housing Market Statistics 18 Kneehill Region

Jan. 20 Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price January 2020 Activity Total Kneehill Region* 2 11 18.18% 74 37.00 176,000 243,500 243,500 100% Rural Kneehill* 0 1 0.00% 10 - 176,000 NA NA 0% Acme* 2 0 - 1 0.50 - 243,500 243,500 100% Linden* 0 1 0.00% 8 - - NA NA 0% Three Hills* 0 6 0.00% 19 - - NA NA 0% Torrington* 0 0 - 2 - - NA NA 0% Trochu* 0 2 0.00% 23 - - NA NA 0% Other* 0 1 0.00% 13 - - NA NA 0% *Data within these areas many not accurately reflect total resale activity and trends

SALES BY PRICE RANGE INVENTORY BY PRICE RANGE JANUARY JANUARY 3 30

2 20

1 10

0 0

Rural Kneehill Three Hills Acme Rural Kneehill Three Hills Acme

Linden Trochu Other Linden Trochu Other Source: CREB® Source: CREB®

KNEEHILL SALES: YEAR-TO-DATE KNEEHILL NEW LISTINGS: YEAR-TO-DATE 2020 2020 7 18

16 6 14 5 12

4 10

3 8 6 2 4 1 2

0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Rural Kneehill Three Hills Acme Rural Kneehill Three Hills Acme

Linden Trochu Source: CREB® Linden Trochu Source: CREB®

CREB® Calgary Regional Housing Market Statistics 19 Willow Creek Region

Jan. 20 Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price January 2020 Activity Total Willow Creek Region* 5 25 20.00% 100 20.00 204,700 268,200 225,000 100% Rural Willow Creek* 1 5 20.00% 24 24.00 204,000 430,000 430,000 20% Claresholm* 3 9 33.33% 33 11.00 - 194,000 185,000 60% Nanton* 1 7 14.29% 28 28.00 - 329,000 329,000 20% Stavely* 0 4 0.00% 14 - - NA NA 0% Other* 0 0 - 1 - - NA NA 0% *Data within these areas many not accurately reflect total resale activity and trends

SALES BY PRICE RANGE INVENTORY BY PRICE RANGE JANUARY JANUARY 3 35

25 2 20

1 10

0 0

Rural Willow Creek Claresholm Nanton Stavely Other Rural Willow Creek Claresholm Nanton Stavely Other

Source: CREB® Source: CREB®

WILLOW CREEK SALES: YEAR-TO-DATE WILLOW CREEK NEW LISTINGS: YEAR-TO-DATE 2020 2020 12 35

10 30

25 8 20 6 15 4 10

2 5

0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Rural Willow Creek Claresholm Nanton Stavely Rural Willow Creek Claresholm Nanton Stavely Source: CREB® Source: CREB®

CREB® Calgary Regional Housing Market Statistics 20 Vulcan Region

Jan. 20 Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price January 2020 Activity Total Vulcan Region* 0 10 0.00% 60 - 237,600 NA NA #DIV/0! Rural Vulcan* 0 3 0.00% 18 - - NA NA #DIV/0! Vulcan* 0 6 0.00% 25 - - NA NA #DIV/0! Carmangay* 0 0 - 3 - - NA NA #DIV/0! Champion* 0 1 0.00% 5 - - NA NA #DIV/0! Other* 0 0 - 9 - - NA NA #DIV/0! *Data within these areas many not accurately reflect total resale activity and trends

SALES BY PRICE RANGE INVENTORY BY PRICE RANGE JANUARY JANUARY 1 20 18

0 0

Rural Vulcan Vulcan Carmangay Rural Vulcan Vulcan Carmangay

Champion Other Source: CREB® Champion Other Source: CREB®

VULCAN SALES: YEAR-TO-DATE VULCAN NEW LISTINGS: YEAR-TO-DATE 2020 2020 5 16

4 14

4 12 3 10 3 8 2 6 2 4 1

1 2

0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Rural Vulcan Vulcan Carmangay Champion Rural Vulcan Vulcan Carmangay Champion Source: CREB® Source: CREB®

CREB® Calgary Regional Housing Market Statistics 21 Bighorn Region

Jan. 20 Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price January 2020 Activity Total Bighorn Region* 7 33 21.21% 115 16.43 747,200 918,071 726,500 100% Rural Bighorn* 0 0 - 8 - - NA NA 0% Canmore* 7 24 29.17% 87 12.43 - 918,071 726,500 100% Other* 0 9 0.00% 20 - - NA NA 0% *Data within these areas many not accurately reflect total resale activity and trends

SALES BY PRICE RANGE INVENTORY BY PRICE RANGE JANUARY JANUARY 4 45

35 3 30

25 2 20

1 10

0 0

Canmore Other Rural Bighorn Canmore Other Rural Bighorn

Source: CREB® Source: CREB®

BIGHORN SALES: YEAR-TO-DATE 2020 BIGHORN NEW LISTINGS: YEAR-TO-DATE 2020 20 70

18 60 16

14 50

12 40 10 30 8

6 20 4 10 2

0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Canmore Rural Bighorn Canmore Rural Bighorn Source: CREB® Source: CREB®

CREB® Calgary Regional Housing Market Statistics 22 CREB® Definitions

Jan. 20

BIGHORN* MOUNTAIN VIEW* VULCAN* Rural Bighorn M.D. Rural Mountain View County Rural Vulcan County* Benchlands** Bearberry** Arrowwood** Canmore* Bergen** Brand** Exshaw** Carstairs Carmangay* Ghost Lake** Cremona Champion* Harvie Heights** Didsbury Ensign** Lac des Arcs** Eagle Hill** Herronton** Seebe** Elkton** Kirkcaldy** Olds* Lomond** Sundre* Milo** Water Valley** Mossleigh** FOOTHILLS Westward Ho** Queenstown** Rural Foothills M.D. Shouldice** Aldersyde** Travers** Black Diamond Blackie ROCKY VIEW WHEATLAND* Cayley Rural Rocky View County Rural Wheatland County* De Winton Balzac** Ardenode** Heritage Pointe Beiseker Carseland* High River Bottrel** Chancellow** Longview** Bragg Creek Cheadle** Millarville** Chestermere Cluny** Okotoks Cochrane Dalum** Priddis** Cochrane Lake** Gleichen** Priddis Greens Conrich** Hussar** Turner Valley Crossfield Lyalta* Dalemead** Namaka** Dalroy** Rockyford* Delacour** Rosebud** KNEEHILL* Indus** Rural Kneehill County Irricana Acme Janet** Carbon** Kathyrn** WILLOW CREEK* Huxley** Keoma** Rural Willow Creek County* Linden Langdon Claresholm* Swalwell** Madden** Fort Macleod** Three Hills Redwood Meadows Granum** Torrington** Nanton* Trochu Parkland**

CREB® REPORTING REGIONS * Data within these areas may not accurately reflect total resale activity and trends. CREB® resale data only includes activity occurring within our membership. For the identified areas, the data could be missing a signification portion of transactions as not all active Realtors® in the area are a member of the CREB® board. ** Resale activity in these areas does not meet the minimum reporting standard.

DEFINITIONS Benchmark Price - Represents the monthly price of the typical home based on its attributes, such as size, location and number of bedrooms. MLS® Home Price Index – changes in home prices by comparing current price levels relative to January 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.

CREB® Calgary Regional Housing Market Statistics 23