august 2019 - creb.com...• improving sales in august contributed to year-to date sales last...

August 2019

MONTHLY STATISTICS PACKAGE

CREB® Region Report

77%

5%

6%

5%3% 1% 3%

SHARE OF SALES August 2019

Calgary

Airdrie

Rocky View Region

Foothills Region

Mountain ViewRegionWheatland Region

Other Active Areas

Source: CREB®

REGIONAL HIGHLIGHTSSeptember 3, 2019

Airdrie• Despite a year-over-year decline in

sales activity this month, year-to-date sales sit just above last year’s levels. Unlike Calgary, most of the growth here has been driven by gains in the detached sector. Year-to-date new listings have eased by 13 per cent and inventories have edged down relative to last year.

• A general trend toward more balanced conditions has eased downward pressure on prices. The benchmark price was $334,600 in August – 1.8 per cent below last year’s levels.

Cochrane• Fuelled by reductions in new

listings and stable sales, inventories continue to trend down. This has supported some easing in the months of supply, which dropped from nearly eight months in August of last year to five months this year.

• Reductions in oversupply have supported more stability in monthly prices. The benchmark price was $408,000 in August, nearly four per cent below last year’s levels.

Okotoks• Improving sales in August

contributed to year-to date sales of 373 units, slightly higher than last year’s levels, but still below long-term averages. The number of new listings continues to ease. This is causing inventories to decline and reducing the months of supply.

• Months of supply dropped from nearly 10 months last year to under five months this August. Despite this reduction in oversupply, benchmark prices so far this year have remained over four per cent below last year’s levels.

Aug. 19

CREB® Calgary Regional Housing Market Statistics 2

CREB® Region Summary

August 2019Sales

New Listings

Sales to New Listings Ratio

InventoryMonths of Supply

Benchmark Price

Average Price

Median Price

Share of Sales Activity

City of Calgary 1,584 2,784 56.90% 7,044 4.45 426,000 454,114 407,750 77%Airdrie 110 193 56.99% 512 4.65 334,600 374,364 353,566 5%Rocky View Region 131 287 45.64% 1,093 8.34 524,100 544,925 448,000 6%Foothills Region 106 226 46.90% 709 6.69 369,300 443,108 401,250 5%Mountain View Region 49 98 50.00% 447 9.12 313,600 365,883 323,000 2%Kneehill Region 8 16 50.00% 98 12.25 182,000 273,188 242,500 0%Wheatland Region 24 59 40.68% 263 10.96 207,300 365,190 356,450 1%Willow Creek Region 12 19 63.16% 122 10.17 201,700 277,475 294,650 1%Vulcan Region 9 12 75.00% 102 11.33 233,400 171,500 125,000 0%Bighorn Region 26 49 53.06% 153 5.88 794,200 670,413 537,500 1%CREB® Economic Region 2,059 3,743 55.01% 10,543 5.12 420,500 451,692 400,000 100%

0

300

600

900

1,200

1,500

1,800

2,100

2,400

CREB® INVENTORY BY PRICE RANGE

Calgary Airdrie Rocky View RegionFoothills Region Mountain View Region Kneehill RegionWheatland Region Willow Creek Region Vulcan RegionBighorn Region Source: CREB®

AUGUST

Aug. 19

0

100

200

300

400

500

600

CREB® SALES BY PRICE RANGE

Calgary Airdrie Rocky View RegionFoothills Region Mountain View Region Kneehill RegionWheatland Region Willow Creek Region Vulcan RegionBighorn Region

Source: CREB®

AUGUST

0

5,000

10,000

15,000

20,000

25,000

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST

Calgary Airdrie Rocky View Region

Foothills Region Mountain View Region Kneehill Region

Wheatland Region Willow Creek Region Vulcan Region

Bighorn Region Source: CREB®

CREB® TOTAL SALES: YEAR-TO-DATE

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST


Foothills Region Mountain View Region Kneehill Region

Wheatland Region Willow Creek Region Vulcan Region

Bighorn Region Source: CREB®

CREB® TOTAL NEW LISTINGS: YEAR-TO-DATE


CREB® Region

0

5,000

10,000

15,000

20,000

25,000

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST

Detached Apartment Semi - Detached

Row 10 Year AverageSource: CREB®

CREB® ECONOMIC REGION TOTAL SALES

400,000

405,000

410,000

415,000

420,000

425,000

430,000

435,000

440,000

-

2,000

4,000

6,000

8,000

10,000

12,000

14,000

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Inventory Sales Benchmark Price Source: CREB®

CREB® ECONOMIC REGION INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

9

2014 2015 2016 2017 2018 2019

Months of Supply TrendedSource: CREB®

12 month moving average

CREB® ECONOMIC REGION MONTHS OF INVENTORY

-10%

-5%

0%

5%

10%

15%

2014 2015 2016 2017 2018 2019

Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change

Source: CREB®

CREB® ECONOMIC REGION PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

550,000

2014 2015 2016 2017 2018 2019Detached Price Apartment PriceRow Price Semi Price

Source: CREB®

CREB® ECONOMIC REGION PRICES

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500YTD AUGUST

YTD 2016 YTD 2017 YTD 2018 YTD 2019 Source: CREB®

CREB® ECONOMIC REGION TOTAL SALES BY PRICE RANGE

Aug. 19


CREB® Region

TYPICAL HOME ATTRIBUTES - DETACHED HOMES

Gross Living Area (Above Ground) Lot Size

Above Ground Bedrooms Year Built

Full Bathrooms

Half Bathrooms

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

0

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

900,000

Calgary Airdrie RuralRocky View

Chester-mere

Cochrane RuralFoothills

HighRiver

Okotoks TurnerValley

RuralMtn. View

Carstairs Didsbury RuralWheatland

Strathmore

DETACHED BENCHMARK PRICE

Source: CREB®

AUGUST

Aug. 19

-12%-10%

-8%-6%-4%-2%0%2%4%6%8%

Calgary Airdrie RuralRocky View

Chester-mere

Cochrane RuralFoothills

HighRiver

Okotoks TurnerValley

RuralMtn. View

Carstairs Didsbury RuralWheatland

Strathmore

YEAR OVER YEAR PRICE GROWTH COMPARISONS

Source: CREB®

AUGUST


Calgary CMA

August 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


City of Calgary 1,584 2,784 56.90% 7,044 4.45 426,000 454,114 407,750 87%Airdrie 110 193 56.99% 512 4.65 334,600 374,364 353,566 6%Rocky View Region 131 287 45.64% 1,093 8.34 524,100 544,925 448,000 7%Calgary CMA 1,825 3,264 55.91% 8,649 4.74 424,700 455,826 405,000 100%

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

CALGARY CMA INVENTORY BY PRICE RANGE


Source: CREB®

AUGUST

Aug. 19

0

50

100

150

200

250

300

350

400

450

500

CALGARY CMA SALES BY PRICE RANGE


Source: CREB®

AUGUST

0

5,000

10,000

15,000

20,000

25,000

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST

Calgary Airdrie Rocky View RegionSource: CREB®

CALGARY CMA SALES: YEAR-TO-DATE

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST


Source: CREB®

CALGARY CMA NEW LISTINGS: YEAR-TO-DATE


Calgary CMA

0

5,000

10,000

15,000

20,000

25,000

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST

Detached Apartment Semi - DetachedRow 10 Year Average

Source: CREB®

CALGARY CMA TOTAL SALES

405,000

410,000

415,000

420,000

425,000

430,000

435,000

440,000

445,000

-

2,000

4,000

6,000

8,000

10,000

12,000

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19


CALGARY CMA INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

2014 2015 2016 2017 2018 2019



CALGARY CMA MONTHS OF INVENTORY

-10%

-5%

0%

5%

10%

15%

2014 2015 2016 2017 2018 2019


Source: CREB®

CALGARY CMA PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

550,000


Source: CREB®

CALGARY CMA PRICES

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000YTD AUGUST

YTD 2016 YTD 2017 YTD 2018 YTD 2019Source: CREB®

CALGARY CMA TOTAL SALES BY PRICE RANGE

Aug. 19


Airdrie

0

200

400

600

800

1,000

1,200

1,400

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST


Source: CREB®

AIRDRIE TOTAL SALES

315,000

320,000

325,000

330,000

335,000

340,000

345,000

350,000

-

100

200

300

400

500

600

700

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19


AIRDRIE INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

9

2014 2015 2016 2017 2018 2019



AIRDRIE MONTHS OF INVENTORY

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

2014 2015 2016 2017 2018 2019


Source: CREB®

AIRDRIE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000


Source: CREB®

AIRDRIE PRICES

0

50

100

150

200

250

300

350

400YTD AUGUST


AIRDRIE TOTAL SALES BY PRICE RANGE

Aug. 19


Rocky View Region

August 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Rocky View Region 131 287 45.64% 1,093 8.34 524,100 544,925 448,000 100%Rural Rocky View 27 77 35.06% 400 14.81 788,500 1,026,732 925,000 21%Beiseker 1 2 50.00% 15 15.00 - 162,000 162,000 1%Bragg Creek 1 4 25.00% 26 26.00 - 865,000 865,000 1%Chestermere 26 69 37.68% 211 8.12 460,300 487,942 463,500 20%Cochrane 62 102 60.78% 310 5.00 408,000 379,777 362,000 47%Crossfield 5 10 50.00% 41 8.20 - 321,040 380,000 4%Irricana 0 5 0.00% 18 - - NA NA 0%Langdon 6 11 54.55% 36 6.00 - 406,417 386,000 5%Redwood Meadows 2 3 66.67% 11 5.50 - 617,500 617,500 2%

Other 1 4 25.00% 25 25.00 - 1,125,000 1,125,000 1%

0

50

100

150

200

250

300INVENTORY BY PRICE RANGE

Rural Rocky View Cochrane Chestermere

Beiseker Bragg Creek Crossfield

Irricana Langdon Redwood MeadowsSource: CREB®

AUGUST

0

5

10

15

20

25

30

35SALES BY PRICE RANGE




AUGUST

Aug. 19

0

200

400

600

800

1,000

1,200

1,400

1,600

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST




ROCKY VIEW SALES: YEAR-TO-DATE

0

500

1,000

1,500

2,000

2,500

3,000

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST




ROCKY VIEW NEW LISTINGS: YEAR-TO-DATE


Cochrane

0

100

200

300

400

500

600

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST


Source: CREB®

COCHRANE TOTAL SALES

385,000

390,000

395,000

400,000

405,000

410,000

415,000

420,000

425,000

430,000

-

50

100

150

200

250

300

350

400

450

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19


COCHRANE INVENTORY AND SALES

-

2

4

6

8

10

12

14

16

2014 2015 2016 2017 2018 2019



COCHRANE MONTHS OF INVENTORY

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

2014 2015 2016 2017 2018 2019


Source: CREB®

COCHRANE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000


Source: CREB®

COCHRANE PRICES

0

20

40

60

80

100

120

140

160

180YTD AUGUST


COCHRANE TOTAL SALES BY PRICE RANGE

Aug. 19


Chestermere

0

50

100

150

200

250

300

350

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST


Source: CREB®

CHESTERMERE TOTAL SALES

440,000

445,000

450,000

455,000

460,000

465,000

470,000

475,000

480,000

485,000

-

50

100

150

200

250

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19


CHESTERMERE INVENTORY AND SALES

-

2

4

6

8

10

12

14

16

2014 2015 2016 2017 2018 2019



CHESTERMERE MONTHS OF INVENTORY

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

2014 2015 2016 2017 2018 2019


Source: CREB®

CHESTERMERE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

550,000


Source: CREB®

CHESTERMERE PRICES

0

10

20

30

40

50

60

70

80YTD AUGUST


CHESTERMERE TOTAL SALES BY PRICE RANGE

Aug. 19


Rural Rocky View

0

50

100

150

200

250

300

350

400

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST


Source: CREB®

RURAL ROCKY VIEW TOTAL SALES

740,000

750,000

760,000

770,000

780,000

790,000

800,000

810,000

820,000

830,000

-

50

100

150

200

250

300

350

400

450

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19


RURAL ROCKY VIEW INVENTORY AND SALES

-

10

20

30

40

50

60

2014 2015 2016 2017 2018 2019



RURAL ROCKY VIEW MONTHS OF INVENTORY

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

2014 2015 2016 2017 2018 2019


Source: CREB®

RURAL ROCKY VIEW PRICE CHANGE

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

900,000

1,000,000


Source: CREB®

RURAL ROCKY VIEW PRICES

0

20

40

60

80

100

120YTD AUGUST


RURAL ROCKY VIEW TOTAL SALES BY PRICE RANGE

Aug. 19


Foothills Region

August 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Foothills Region 106 226 46.90% 674 6.36 369,300 443,108 401,250 100%Rural Foothills 12 42 28.57% 222 18.50 445,100 755,458 765,000 11%Black Diamond 4 9 44.44% 22 5.50 - 359,500 390,500 4%Blackie 2 4 50.00% 9 4.50 - 65,000 65,000 2%Cayley 1 1 100.00% 3 3.00 - 295,000 295,000 1%De Winton 0 5 0.00% 10 - - NA NA 0%Heritate Pointe 4 8 50.00% 35 8.75 - 948,750 967,500 4%High River 30 34 88.24% 121 4.03 316,300 289,837 283,750 28%Okotoks 52 100 52.00% 227 4.37 413,500 445,882 433,500 49%Turner Valley 0 15 0.00% 34 - 295,100 NA NA 0%Priddis Greens 0 3 0.00% 14 - - NA NA 0%Longview 1 2 50.00% 3 3.00 - 365,000 365,000 1%Other 1 5 20.00% 12 12.00 - 365,000 365,000 1%

0

20

40

60

80

100

120

140

160INVENTORY BY PRICE RANGE

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

AUGUST

0

5

10

15

20

25

30SALES BY PRICE RANGE

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

AUGUST

Aug. 19

0

200

400

600

800

1,000

1,200

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST

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

FOOTHILLS SALES: YEAR-TO-DATE

0

500

1,000

1,500

2,000

2,500

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST

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

FOOTHILLS NEW LISTINGS: YEAR-TO-DATE


Okotoks

0

100

200

300

400

500

600

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST


Source: CREB®

OKOTOKS TOTAL SALES

385,000

390,000

395,000

400,000

405,000

410,000

415,000

420,000

425,000

430,000

435,000

-

50

100

150

200

250

300

350

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19


OKOTOKS INVENTORY AND SALES

-

2

4

6

8

10

12

14

16

2014 2015 2016 2017 2018 2019



OKOTOKS MONTHS OF INVENTORY

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

2014 2015 2016 2017 2018 2019


Source: CREB®

OKOTOKS PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000


Source: CREB®

OKOTOKS PRICES

0

20

40

60

80

100

120

140

160YTD AUGUST


OKOTOKS TOTAL SALES BY PRICE RANGE

Aug. 19


Rural Foothills

0

20

40

60

80

100

120

140

160

180

200

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST


Source: CREB®

RURAL FOOTHILLS TOTAL SALES

390,000

400,000

410,000

420,000

430,000

440,000

450,000

-

50

100

150

200

250

300

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19


RURAL FOOTHILLS INVENTORY AND SALES

-

10

20

30

40

50

60

2014 2015 2016 2017 2018 2019



RURAL FOOTHILLS MONTHS OF INVENTORY

-15%

-10%

-5%

0%

5%

10%

15%

20%

2014 2015 2016 2017 2018 2019


Source: CREB®

RURAL FOOTHILLS PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000


Source: CREB®

RURAL FOOTHILLS PRICES

0

10

20

30

40

50

60

70

80YTD AUGUST


RURAL FOOTHILLS TOTAL SALES BY PRICE RANGE

Aug. 19


Wheatland Region

August 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Wheatland Region* 24 59 40.68% 263 10.96 207,300 365,190 356,450 96%Rural Wheatland* 2 8 25.00% 64 32.00 207,300 538,750 538,750 8%Carseland* 0 1 0.00% 3 - - NA NA 0%Lyalta* 1 3 33.33% 17 17.00 - 617,500 617,500 4%Rockyford* 0 2 0.00% 5 - - NA NA 0%Strathmore 19 41 46.34% 154 8.11 333,600 345,818 347,900 79%Gleichen 1 0 - 3 3.00 - 194,000 194,000 4%

Other* 2 4 50.00% 20 10.00 - 249,500 249,500 8%

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

0

10

20

30

40

50

60

70

INVENTORY BY PRICE RANGE

Strathmore Rural Wheatland Carseland

Lyalta Rockyford OtherSource: CREB®

AUGUST

0

1

2

3

4

5

6

7

8

9

10

SALES BY PRICE RANGE


Lyalta Rockyford OtherSource: CREB®

AUGUST

Aug. 19

0

50

100

150

200

250

300

350

400

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST


Lyalta RockyfordSource: CREB®

WHEATLAND SALES: YEAR-TO-DATE

0

100

200

300

400

500

600

700

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST


Lyalta RockyfordSource: CREB®

WHEATLAND NEW LISTINGS: YEAR-TO-DATE


Strathmore

0

50

100

150

200

250

300

350

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST


Source: CREB®

STRATHMORE TOTAL SALES

310,000

320,000

330,000

340,000

350,000

360,000

370,000

-

20

40

60

80

100

120

140

160

180

200

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19


STRATHMORE INVENTORY AND SALES

-

5

10

15

20

25

2014 2015 2016 2017 2018 2019



STRATHMORE MONTHS OF INVENTORY

-15%

-10%

-5%

0%

5%

10%

15%

20%

2014 2015 2016 2017 2018 2019


Source: CREB®

STRATHMORE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000


Source: CREB®

STRATHMORE PRICES

0

10

20

30

40

50

60

70

80YTD AUGUST


STRATHMORE TOTAL SALES BY PRICE RANGE

Aug. 19


Mountain View Region

August 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Mountain View Region* 49 98 50.00% 447 9.12 313,600 365,883 323,000 100%Rural Mountain View* 8 21 38.10% 128 16.00 273,300 580,000 525,000 16%Carstairs 10 18 55.56% 65 6.50 324,300 384,810 363,000 20%Cremona 1 0 - 6 6.00 - 85,000 85,000 2%Didsbury 10 10 100.00% 36 3.60 304,900 260,144 278,000 20%Olds* 17 30 56.67% 132 7.76 346,100 335,574 310,000 35%Sundre* 3 17 17.65% 72 24.00 272,100 349,667 360,000 6%

Other* 0 2 0.00% 8 - - NA NA 0%


0

20

40

60

80

100

120

140


Rural Mountain View Didsbury Olds

Sundre Carstairs Cremona

Other Source: CREB®

AUGUST

0

2

4

6

8

10

12

14

16

18



Sundre Carstairs Cremona

Other Source: CREB®

AUGUST

Aug. 19

0

50

100

150

200

250

300

350

400

450

500

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST


Sundre Carstairs Cremona Source: CREB®

MOUNTAIN VIEW SALES: YEAR-TO-DATE

0

100

200

300

400

500

600

700

800

900

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST


Sundre Carstairs Cremona Source: CREB®

MOUNTAIN VIEW NEW LISTINGS: YEAR-TO-DATE


Kneehill Region

August 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Kneehill Region* 8 16 50.00% 98 12.25 182,000 273,188 242,500 88%Rural Kneehill* 2 2 100.00% 13 6.50 182,000 451,500 451,500 25%Acme* 1 3 33.33% 7 7.00 - 190,000 190,000 13%Linden* 0 2 0.00% 10 - - NA NA 0%Three Hills* 3 7 42.86% 28 9.33 - 265,000 270,000 38%Torrington* 0 0 - 4 - - NA NA 0%Trochu* 1 1 100.00% 19 19.00 - 82,500 82,500 13%

Other* 1 1 100.00% 21 21.00 - 215,000 215,000 13%


0

5

10

15

20

25

30

35

40

45


Rural Kneehill Three Hills Acme

Linden Trochu Other Source: CREB®

AUGUST

0

1

2

3

4



Linden Trochu Other Source: CREB®

AUGUST

Aug. 19

0

10

20

30

40

50

60

70

80

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST


Linden Trochu Source: CREB®

KNEEHILL SALES: YEAR-TO-DATE

0

20

40

60

80

100

120

140

160

180

200

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST


Linden Trochu Source: CREB®

KNEEHILL NEW LISTINGS: YEAR-TO-DATE


Willow Creek Region

August 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Willow Creek Region* 12 19 63.16% 122 10.17 201,700 277,475 294,650 100%Rural Willow Creek* 0 5 0.00% 30 - 201,400 NA NA 0%Claresholm* 5 6 83.33% 45 9.00 - 265,780 320,000 42%Nanton* 6 7 85.71% 32 5.33 - 285,133 277,150 50%Stavely* 1 1 100.00% 10 10.00 - 290,000 290,000 8%

Other* 0 0 - 5 - - NA NA 0%


0

5

10

15

20

25

30

35

40


Rural Willow Creek Claresholm Nanton Stavely Other

Source: CREB®

AUGUST

0

1

2

3

4

5

6

7


Rural Willow Creek Claresholm Nanton Stavely Other

Source: CREB®

AUGUST

Aug. 19

0

20

40

60

80

100

120

140

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST

Rural Willow Creek Claresholm Nanton StavelySource: CREB®

WILLOW CREEK SALES: YEAR-TO-DATE

0

50

100

150

200

250

300

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST

Rural Willow Creek Claresholm Nanton StavelySource: CREB®

WILLOW CREEK NEW LISTINGS: YEAR-TO-DATE


Vulcan Region

August 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Vulcan Region* 9 12 75.00% 102 11.33 233,400 171,500 125,000 100%Rural Vulcan* 3 6 50.00% 49 16.33 - 235,000 125,000 33%Vulcan* 3 5 60.00% 29 9.67 - 211,167 230,500 33%Carmangay* 1 1 100.00% 7 7.00 - 90,000 90,000 11%Champion* 1 0 - 4 4.00 - 35,000 35,000 11%

Other* 1 0 - 13 13.00 - 80,000 80,000 11%


0

5

10

15

20

25

30

35

40


Rural Vulcan Vulcan Carmangay

Champion Other Source: CREB®

AUGUST

0

1

2

3

4

5

6

7


Rural Vulcan Vulcan Carmangay

Champion Other Source: CREB®

AUGUST

Aug. 19

0

10

20

30

40

50

60

70

80

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST

Rural Vulcan Vulcan Carmangay Champion

Source: CREB®

VULCAN SALES: YEAR-TO-DATE

0

20

40

60

80

100

120

140

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST

Rural Vulcan Vulcan Carmangay Champion

Source: CREB®

VULCAN NEW LISTINGS: YEAR-TO-DATE


Bighorn Region

August 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Bighorn Region* 26 49 53.06% 153 5.88 794,200 670,413 537,500 100%Rural Bighorn* 0 0 - 10 - - NA NA 0%Canmore* 23 41 56.10% 128 5.57 - 716,504 550,000 88%

Other* 3 8 37.50% 15 5.00 - 317,048 295,000 12%


0

10

20

30

40

50

60


Canmore Other Rural Bighorn

Source: CREB®

AUGUST

0

1

2

3

4

5

6

7

8


Canmore Other Rural Bighorn

Source: CREB®

AUGUST

Aug. 19

0

20

40

60

80

100

120

140

160

180

200

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST

Canmore Rural BighornSource: CREB®

BIGHORN SALES: YEAR-TO-DATE

0

100

200

300

400

500

600

700

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD AUGUST

Canmore Rural BighornSource: CREB®

BIGHORN NEW LISTINGS: YEAR-TO-DATE


CREB® Definitions

CREB® REPORTING REGIONS* Data within these areas may not accurately reflect total resale activity and trends. CREB® resale data only includes activity occurring within our membership. For the identified areas, the data could be missing a signification portion of transactionsas 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.

DEFINITIONSBenchmark Price - Represents the monthly price of the typical home based on its attributes, such as size, location and number of bedrooms.MLS® Home Price Index – changes in home prices by comparing current price levels relative to January 2005 price level. Absorption Rate – refers to the ratio between the amounts of sales occurring in the market relative to the amount of active listings / Inventory. Months of Supply – refers to the ratio between inventory and sales and represents at the current pace of sales how long it would take to sell existing inventory and the current rate of sales. Detached - A unit that is not attached to any other unit.Semi-detached - A single dwelling built as one of a pair that shares one common wall. Row - A single dwelling attached to each other by a common wall with more than two properties in the complex.Attached - Both row and semi-detached properties.Apartment - High-rise and low-rise condominium properties with access through an interior hallway.Total Residential - Includes detached, attached and apartment style properties.Exclusions – Data included in this package do not include activity related to multiple-unit sales, rental, land or leased properties.Rural – Data represents activity occurring within the broader region but not in any specific town/hamlet/village within the region.ABOUT CREB®CREB® is a professional body of more than 5,100 licensed brokers and registered associates, representing 245 member offices. CREB® is dedicated to enhancing the value, integrity and expertise of its REALTOR® members. Our REALTORS® are committed to a high standard of professional conduct, ongoing education, and a strict Code of Ethics and standards of business practice. Any use or reference to CREB® data and statistics must acknowledge CREB® as the source. The board does not generate statistics or analysis of any individual member or company’s market share. All MLS® active listings for Calgary and area may be found on the board’s website at ww.creb.com. CREB® is a registered trademark of the Calgary Real Estate Board Cooperative. The trademarks MLS® and Multiple Listing Service® are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR® and REALTORS® are controlled by CREA and identify real estate professionals who are members of CREA, and subsequently the Alberta Real Estate Association and CREB®, used under licence.

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

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

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

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

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

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

VULCAN*Rural Vulcan County*Arrowwood**Brand**Carmangay*Champion*Ensign**Herronton**Kirkcaldy**Lomond**Milo**Mossleigh**Queenstown**Shouldice**Travers**

WHEATLAND*Rural Wheatland County*Ardenode**Carseland*Chancellow**Cheadle**Cluny**Dalum**Gleichen**Hussar**Lyalta*Namaka**Rockyford*Rosebud**

Aug. 19


august 2019 - creb.com...• improving sales in august contributed to year-to date sales last...

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