April 2020 MONTHLY STATISTICS PACKAGE CREB® Region Report Apr

AprilApril 2020 MONTHLY STATISTICS PACKAGE CREB® Region Report Apr. 20 REGIONAL HIGHLIGHTS May 1, 2020 Airdrie • Sales in Airdrie slowed to 60 units in April. This decline in sales was met with a similar decline in new listings, which totalled 107 units. This helped reduce inventory levels, but with 407 units still in inventory, the months of supply rose to nearly seven months. • Overall, the benchmark price remains comparable to last year. Average prices have declined, but some of this is due to more homes being sold in lower price ranges, as there was a significant decline in sales for homes priced above $500,000. Cochrane • April sales in Cochrane dropped to 29 units. This is 55 per cent below levels recorded in the previous year. However, new listings also eased.

With only 61 new listings in the market, inventories declined to 281 units. • Prices were easing before social distancing measures were put in

place and April’s benchmark price totalled $398,900. This is nearly two per cent lower than last year. However, both the median and average price rose compared to last year. This is likely due to more homes being sold in higher price ranges, as there were no sales recorded in the lowest price range. SHARE OF SALES April 2020 Okotoks 3% Both sales and new listings dropped, Calgary 3% 1% • with totals of 17 and 44 units, respectively. Inventory remained Airdrie 6% well below last year’s levels, but weaker demand pushed up the Rocky View Region 8% months of supply to nearly 12 Foothills Region months. 7% • Prices were trending down from the Mountain View start of the year, but levels have Region remained relatively stable compared Wheatland Region 72% to the previous year. In April, the benchmark price continued to trend Other Active Areas down, totalling $402,300.

Source: CREB®

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

Apr. 20

New Sales to New Months of Benchmark Average Median Share of Sales Sales Inventory April 2020 Listings Listings Ratio Supply Price Price Price Activity City of Calgary 573 1,425 40.21% 5,565 9.71 415,800 422,655 393,000 72% Airdrie 60 107 56.07% 407 6.78 332,000 359,980 381,250 8% Rocky View Region 66 164 40.24% 794 12.03 516,600 544,116 431,000 8% Foothills Region 47 106 44.34% 553 11.77 356,800 451,887 350,000 6% Mountain View Region 21 35 60.00% 295 14.05 289,800 359,095 315,000 3% Kneehill Region 2 9 22.22% 85 42.50 171,700 320,000 320,000 0% Wheatland Region 8 17 47.06% 209 26.13 212,200 330,625 327,000 1% Willow Creek Region 8 13 61.54% 92 11.50 191,200 235,738 175,000 1% Vulcan Region 4 12 33.33% 71 17.75 221,200 157,250 143,500 1% Bighorn Region 9 30 30.00% 130 14.44 772,400 785,111 745,000 1% CREB® Economic Region 798 1,918 41.61% 8,201 10.28 410,400 427,741 390,000 100% CREB® SALES BY PRICE RANGE APRIL CREB® INVENTORY BY PRICE RANGE APRIL 250 1,800

1,500 200

1,200 150

900 100 600

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 YTD APRIL YTD APRIL 12,000 20,000 18,000 10,000 16,000 14,000 8,000 12,000 6,000 10,000 8,000 4,000 6,000 4,000 2,000 2,000 0 0 YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD 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 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 Source: CREB® Bighorn Region Source: CREB®

CREB® Calgary Regional Housing Market Statistics 3 CREB® Region

Apr. 20

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

YTD APRIL RANGE YTD APRIL 12,000 2,000

1,800 10,000 1,600

8,000 1,400 1,200

6,000 1,000

800 4,000 600

2,000 400 200

0 0 YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Detached Apartment Semi - Detached

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

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

12,000 422,000 12

420,000 10,000 10 418,000

8,000 416,000 8

414,000 6,000 6 412,000

4,000 410,000 4

408,000 2,000 2 406,000

- 404,000 - Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan.Feb.Mar.Apr. 2015 2016 2017 2018 2019 2020 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 '20 '20 '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

Apr. 20 DETACHED BENCHMARK PRICE APRIL 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 APRIL 6%

-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

Apr. 20

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

200 1,400

180 1,200 160

140 1,000

120 800 100 600 80

60 400 40 200 20

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 YTD APRIL YTD APRIL 10,000 18,000

9,000 16,000

8,000 14,000 7,000 12,000 6,000 10,000 5,000 8,000 4,000 6,000 3,000

2,000 4,000

1,000 2,000

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

CREB® Calgary Regional Housing Market Statistics 6 Calgary CMA

Apr. 20

CALGARY CMA TOTAL SALES CALGARY CMA TOTAL SALES BY PRICE RANGE YTD APRIL YTD APRIL 10,000 1,800

9,000 1,600

8,000 1,400 7,000 1,200 6,000 1,000 5,000 800 4,000 600 3,000 2,000 400 1,000 200

0 0 YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Detached Apartment Semi - Detached YTD 2017 YTD 2018 YTD 2019 YTD 2020 Row 10 Year Average Source: CREB® Source: CREB®

CALGARY CMA INVENTORY AND SALES CALGARY CMA MONTHS OF INVENTORY

10,000 426,000 12

9,000 424,000 10 8,000 422,000 7,000 8 420,000 6,000

5,000 418,000 6

4,000 416,000 4 3,000 414,000 2,000 2 412,000 1,000

- 410,000 - Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan.Feb.Mar.Apr. 2015 2016 2017 2018 2019 2020 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 '20 '20 '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

Apr. 20

AIRDRIE TOTAL SALES AIRDRIE TOTAL SALES BY PRICE RANGE

YTD APRIL YTD APRIL 600 160

140 500 120 400 100

300 80

60 200 40 100 20

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 - Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan.Feb.Mar.Apr. 2015 2016 2017 2018 2019 2020 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 '20 '20 '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

Apr. 20

Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price April 2020 Activity Total Rocky View Region 66 164 40.24% 794 12.03 516,600 544,116 431,000 100% Rural Rocky View 14 44 31.82% 270 19.29 782,100 882,554 850,250 21% Beiseker 0 0 - 10 - - NA NA 0% Bragg Creek 1 1 100.00% 14 14.00 - 896,000 896,000 2% Chestermere 14 32 43.75% 127 9.07 452,100 566,827 438,500 21% Cochrane 29 61 47.54% 281 9.69 398,900 416,400 367,500 44% Crossfield 3 13 23.08% 37 12.33 - 258,000 350,000 5% Irricana 2 2 100.00% 10 5.00 - 235,450 235,450 3% Langdon 3 10 30.00% 33 11.00 - 467,933 425,000 5% Redwood Meadows 0 1 0.00% 4 - - NA NA 0% Other 0 0 - 8 - - NA NA 0%

SALES BY PRICE RANGE APRIL INVENTORY BY PRICE RANGE APRIL 18 200 16 180

14 160 140 12 120 10 100 8 80 6 60 4 40 2 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 YTD APRIL YTD APRIL 700 1,400

600 1,200

500 1,000

400 800

300 600

200 400

100 200

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

CREB® Calgary Regional Housing Market Statistics 9 Cochrane

Apr. 20

COCHRANE TOTAL SALES COCHRANE TOTAL SALES BY PRICE RANGE

YTD APRIL YTD APRIL 300 80

70 250 60 200 50

150 40

30 100 20 50 10

COCHRANE INVENTORY AND SALES COCHRANE MONTHS OF INVENTORY

400 410,000 16

14 350 405,000

300 12 400,000 250 10 395,000 200 8 390,000 150 6 385,000 100 4 380,000 50 2

- 375,000 - Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan.Feb.Mar.Apr. 2015 2016 2017 2018 2019 2020 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 '20 '20 '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

Apr. 20

CHESTERMERE TOTAL SALES CHESTERMERE TOTAL SALES BY PRICE RANGE

YTD APRIL YTD APRIL 180 35

160 30 140 25 120

100 20

80 15 60 10 40

20 5

CHESTERMERE INVENTORY AND SALES CHESTERMERE MONTHS OF INVENTORY

250 465,000 16

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

- 430,000 - Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan.Feb.Mar.Apr. 2015 2016 2017 2018 2019 2020 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 '20 '20 '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

Apr. 20

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

YTD APRIL YTD APRIL 160 45

140 40

120 35 30 100 25 80 20 60 15 40 10

20 5

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 - Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan.Feb.Mar.Apr. 2015 2016 2017 2018 2019 2020 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 '20 '20 '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

Apr. 20

Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price April 2020 Activity Total Foothills Region 47 106 44.34% 674 14.34 356,800 451,887 350,000 100% Rural Foothills 11 10 110.00% 136 12.36 432,800 878,227 670,000 23% Black Diamond 1 9 11.11% 23 23.00 - 124,500 124,500 2% Blackie 2 1 200.00% 9 4.50 - 207,250 207,250 4% Cayley 1 3 33.33% 9 9.00 - 197,500 197,500 2% De Winton 0 0 - 7 - - NA NA 0% Heritate Pointe 1 6 16.67% 32 32.00 - 560,000 560,000 2% High River 12 27 44.44% 103 8.58 301,600 283,283 292,000 26% Okotoks 17 44 38.64% 198 11.65 402,300 380,082 350,000 36% Turner Valley 2 1 200.00% 16 8.00 277,400 210,450 210,450 4% Priddis Greens 0 2 0.00% 9 - - NA NA 0% Longview 0 0 - 1 - - NA NA 0% Other 0 3 0.00% 11 - - NA NA 0%

SALES BY PRICE RANGE APRIL INVENTORY BY PRICE RANGE APRIL 12 100 90 10 80 70 8 60 6 50 40 4 30 20 2 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 YTD APRIL FOOTHILLS NEW LISTINGS: YEAR-TO-DATE YTD APRIL 450 1,200 400 1,000 350 300 800 250 600 200 150 400 100 200 50 0 0 YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD 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

Apr. 20

OKOTOKS TOTAL SALES OKOTOKS TOTAL SALES BY PRICE RANGE

YTD APRIL YTD APRIL 250 70

60 200 50

150 40

100 30

20 50 10

OKOTOKS INVENTORY AND SALES OKOTOKS MONTHS OF INVENTORY

300 420,000 16

14 250 415,000 12 200 410,000 10

150 405,000 8

6 100 400,000 4 50 395,000 2

- 390,000 - Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan.Feb.Mar.Apr. 2015 2016 2017 2018 2019 2020 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 '20 '20 '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

Apr. 20

RURAL FOOTHILLS TOTAL SALES RURAL FOOTHILLS TOTAL SALES BY PRICE RANGE

YTD APRIL YTD APRIL 80 30

70 25 60 20 50

40 15

30 10 20 5 10

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 - Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan.Feb.Mar.Apr. 2015 2016 2017 2018 2019 2020 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 '20 '20 '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

Apr. 20

Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price April 2020 Activity Total Wheatland Region* 8 17 47.06% 209 26.13 212,200 330,625 327,000 88% Rural Wheatland* 0 1 0.00% 42 - 212,200 NA NA 0% Carseland* 0 0 - 2 - - NA NA 0% Lyalta* 0 0 - 9 - - NA NA 0% Rockyford* 0 0 - 3 - - NA NA 0% Strathmore 7 15 46.67% 136 19.43 329,400 294,643 319,000 88% Gleichen 0 0 - 2 - - NA NA 0% Other* 1 1 100.00% 17 17.00 - 582,500 582,500 13% *Data within these areas many not accurately reflect total resale activity and trends

SALES BY PRICE RANGE INVENTORY BY PRICE RANGE APRIL APRIL 5 60

4 50 4

3 40

3 30 2

2 20

1 10 1

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 YTD APRIL YTD APRIL 160 350

140 300

120 250 100 200 80 150 60 100 40

20 50

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

CREB® Calgary Regional Housing Market Statistics 16 Strathmore

Apr. 20

STRATHMORE TOTAL SALES STRATHMORE TOTAL SALES BY PRICE RANGE

YTD APRIL YTD APRIL 140 40

120 35

30 100 25 80 20 60 15 40 10 20 5

STRATHMORE INVENTORY AND SALES STRATHMORE MONTHS OF INVENTORY

200 345,000 25

180 340,000 160 20

140 335,000 120 15

100 330,000

80 10 325,000 60

40 320,000 5 20

- 315,000 - Feb.Mar.Apr.May.Jun.Jul.Aug.Sep.Oct.Nov.Dec.Jan.Feb.Mar.Apr. 2015 2016 2017 2018 2019 2020 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '19 '20 '20 '20 '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

Apr. 20

Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price April 2020 Activity Total Mountain View Region* 21 35 60.00% 295 14.05 289,800 359,095 315,000 100% Rural Mountain View* 4 7 57.14% 69 17.25 250,000 609,000 488,000 19% Carstairs 4 9 44.44% 62 15.50 309,700 382,500 382,500 19% Cremona 0 1 0.00% 4 - - NA NA 0% Didsbury 9 5 180.00% 29 3.22 282,400 282,611 300,000 43% Olds* 3 10 30.00% 85 28.33 320,200 301,833 240,000 14% Sundre* 1 2 50.00% 42 42.00 254,000 126,000 126,000 5% Other* 0 1 0.00% 4 - - NA NA 0% *Data within these areas many not accurately reflect total resale activity and trends

SALES BY PRICE RANGE INVENTORY BY PRICE RANGE APRIL APRIL 8 80

7 70

6 60

5 50

4 40

3 30

2 20

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 YTD APRIL YTD APRIL 180 450

160 400

140 350

120 300

100 250

80 200

60 150

40 100

20 50

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

Apr. 20

Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price April 2020 Activity Total Kneehill Region* 2 9 22.22% 85 42.50 171,700 320,000 320,000 100% Rural Kneehill* 1 4 25.00% 13 13.00 171,700 360,000 360,000 50% Acme* 1 0 - 1 1.00 - 280,000 280,000 50% Linden* 0 0 - 9 - - NA NA 0% Three Hills* 0 4 0.00% 28 - - NA NA 0% Torrington* 0 0 - 2 - - NA NA 0% Trochu* 0 1 0.00% 21 - - NA NA 0% Other* 0 0 - 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 APRIL APRIL 2 35

20 1 15

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 YTD APRIL YTD APRIL 30 90

80 25 70

20 60

50 15 40

10 30

20 5 10

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

CREB® Calgary Regional Housing Market Statistics 19 Willow Creek Region

Apr. 20

Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price April 2020 Activity Total Willow Creek Region* 8 13 61.54% 92 11.50 191,200 235,738 175,000 100% Rural Willow Creek* 1 4 25.00% 21 21.00 190,700 530,000 530,000 13% Claresholm* 5 5 100.00% 32 6.40 - 204,780 165,000 63% Nanton* 1 4 25.00% 30 30.00 - 185,000 185,000 13% Stavely* 1 0 - 9 9.00 - 147,000 147,000 13% Other* 0 0 - 0 - - NA NA 0% *Data within these areas many not accurately reflect total resale activity and trends

SALES BY PRICE RANGE INVENTORY BY PRICE RANGE APRIL APRIL 6 35

30 5

25 4 20 3 15

2 10

1 5

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 YTD APRIL YTD APRIL 50 140

45 120 40

35 100

30 80 25 60 20

15 40 10 20 5

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

Apr. 20

Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price April 2020 Activity Total Vulcan Region* 4 12 33.33% 71 17.75 221,200 157,250 143,500 100% Rural Vulcan* 2 5 40.00% 27 13.50 - 132,000 132,000 50% Vulcan* 1 5 20.00% 30 30.00 - 218,000 218,000 25% Carmangay* 0 1 0.00% 2 - - NA NA 0% Champion* 0 1 0.00% 6 - - NA NA 0% Other* 1 0 - 6 6.00 - 147,000 147,000 25% *Data within these areas many not accurately reflect total resale activity and trends

SALES BY PRICE RANGE INVENTORY BY PRICE RANGE APRIL APRIL 4 25

20 3

1 5

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 YTD APRIL YTD APRIL 35 70

30 60

25 50

20 40

15 30

10 20

5 10

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

CREB® Calgary Regional Housing Market Statistics 21 Bighorn Region

Apr. 20

Share of New Sales to New Months of Benchmark Average Median Sales Inventory Sales Listings Listings Ratio Supply Price Price Price April 2020 Activity Total Bighorn Region* 9 30 30.00% 130 14.44 772,400 785,111 745,000 100% Rural Bighorn* 0 2 0.00% 8 - - NA NA 0% Canmore* 8 25 32.00% 106 13.25 - 831,375 784,500 89% Other* 1 3 33.33% 16 16.00 - 415,000 415,000 11% *Data within these areas many not accurately reflect total resale activity and trends

SALES BY PRICE RANGE INVENTORY BY PRICE RANGE APRIL APRIL 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 YTD APRIL BIGHORN NEW LISTINGS: YEAR-TO-DATE YTD APRIL 100 350

90 300 80

70 250

60 200 50 150 40

30 100 20 50 10

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

CREB® Calgary Regional Housing Market Statistics 22 CREB® Definitions

Apr. 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** Waiparous** Olds* Lomond** Sundre* Milo** Water Valley** Mossleigh** Westward Ho** Queenstown** FOOTHILLS Shouldice** Rural Foothills M.D. Travers** Aldersyde** 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** Standard** 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** Wimborne** 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