Top 10 Established Communities

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1 october 211 calgary regional housing market statistics Calgary s Housing Market Set to Outpace 21 Several Calgary Communities Get a Boost in Sales and Price Calgary, November 1, 211 According to figures released today by CREB (Calgary Real Estate Board), Calgary residential sales totaled 16,184 after the first 1 months of the year, an increase of eight per cent over last year. Over 61 per cent of Calgary s established communities saw increased sales levels compared to last year. Garrison Woods, Collingwood and Mahogany saw the largest sales increase at 17 per cent combined; nearly half of all Calgary communities recorded price increases, with Shaganappi, Chinook Park and Downtown leading the way with a combined average price increase of 55 per cent. A boost in full time jobs throughout the year is gradually translating into improved sales in the real estate sector, says Sano Stante, president of CREB. Consumers are taking advantage of price stability and a healthy variety of selection. While these gains are moderate, we are set to outpace 21 sales. Single family home sales totaled 988 for the month of October 211, an 11 per cent increase over October 21, but continue to remain well below historical levels. Year-to-date sales totaled 11,53, a 1 per cent increase over last year. October listings have edged upwards over last year s levels, increasing by nearly two per cent, but year-to-date there are six per cent less listings than levels recorded last year. Consumers are feeling more confident about the local real estate market, adds Stante. The average price of single family homes for the month of October 211 was $455,399, while the median price was $395,, an increase of two per cent compared to last year. This is primarily due to the rise in the number of luxury homes sales. Despite the monthly price increase, however, year-to-date figures remained stable at levels comparable to the previous year. Condominium sales for the first 1 months of the year totaled 4,681, a three per cent rise over the same period last year. Inventory levels remained at 1,935 units, resulting in months of supply pushing above five months. The condominium market has significantly tightened compared to last year, however, moving into winter, we expect to see a rise in months of supply, Stante says. Condominium year-to-date average and median prices in 211 were $288,736 and $262,5, respectively, a slight decline over the first 1 months of 21. The decline is mostly due to increased sales in units priced under $2,. Overall, the resale housing market continues to show signs of improvement and, with no near term change in interest rates, we can expect the market will continue to see moderate and stable growth throughout the rest of the year, Stante concludes. About CREB Top 1 Established Communities Price Increases Shaganappi-25 Chinook Park-117 Downtown-1 Elboya-13 Scarboro-11 Lower Mount Royal-1 St Andrews Heights-413 Lakeview Village-33 Windsor Park-17 Rosedale-46 Sale Increases Collingwood-418 Mahogany-375 Mayfair-111 Roxboro-1 Vista Heights-65 Hanson Ranch-517 Sage Hill-526 Shawnee Slopes_Evergreen Est-151 North Haven-5 Pump Hill-131 %Change % 34.2% 33.63% 32.61% 31.63% 28.% 23.22% 21.31% 21.14% 21.6% %Change 22.% 15.% 1.% 1.% 88.89% 85.% 84.% 79.59% 78.57% 77.78% CREB is a professional body of more than 5,1 licensed brokers and registered associates, representing 241 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 company s market share. Average price information can be useful in establishing trends over time, but does not indicate actual prices in centres comprised of widely divergent neighbourhoods, or account for price differentials between geographical areas. All MLS active listings for Calgary and area may be found on the board s website at

2 CREB - TOTAL MLS Oct-1 Mth Chg 211 YTD 21 YTD YTD Chg SINGLE FAMILY (Calgary Metro) Month End Inventory 4,486 4, % n/a n/a n/a New Listings Added 1,797 1, % 22,22 23, % Sales % 11,53 1, % Avg DOM Sold % % Avg DOM Active % % Average Sale Price 455, , % 466, ,987.83% Median Price 395, 389, 1.54% 47, 49, -.49% Total Sales 449,933, ,657, % 5,37,11,855 4,846,542, % Sales $/List $ 96.66% 96.24%.42% 96.96% 97.% -.4% CONDOMINIUM (Calgary Metro) Month End Inventory 1,935 2, % n/a n/a n/a New Listings Added % 9,135 1, % Sales % 4,681 4, % Avg DOM Sold % % Avg DOM Active % % Average Sale Price 282,93 287,88-1.7% 288,736 29, % Median Price 262, ,5 2.39% 262,5 268, -2.5% Total Sales 14,18,212 88,356, % 1,351,574,968 1,322,286, % Sales $/List $ 96.37% 95.94%.43% 96.69% 96.74% -.5% TOWNS (Outside Calgary) Month End Inventory 2,793 2, % n/a n/a n/a New Listings Added % 8,372 7, % Sales % 3,248 3, % Avg DOM Sold % % Avg DOM Active % % Average Sale Price 363,18 358, % 355,54 362, % Median Price 345, 329,7 4.64% 334, 335, -.3% Total Sales 18,227,582 82,532, % 1,154,675,831 1,13,254, % Sales $/List $ 96.54% 96.4%.5% 96.75% 96.72%.3% COUNTRY RESIDENTIAL (Acreages) Month End Inventory 1, % n/a n/a n/a New Listings Added % 2,414 2, % Sales % % Avg DOM Sold % % Avg DOM Active % % Average Sale Price 75, , % 811,25 824, % Median Price 657,5 565, 16.37% 745, 733, 1.64% Total Sales 4,222,957 36,532,6 1.1% 476,177, ,356, % Sales $/List $ 94.3% 94.28%.2% 94.8% 94.12% -.5% RURAL LAND Month End Inventory % n/a n/a n/a New Listings Added % % Sales % % Avg DOM Sold % % Avg DOM Active % % Average Sale Price 371, , % 456,16 47, % Median Price 4, 295, 35.59% 36, 332,5 8.27% Total Sales 7,83,9 1,649, % 75,698,72 77,473, % Sales $/List $ 9.5% 85.46% 4.59% 9.22% 9.55% -.33% TOTAL MLS * Month End Inventory 11,64 1, % n/a n/a n/a New Listings Added 3,54 3, % 43,53 45, % Sales 1,74 1, % 2,3 19, 6.84% Avg DOM Sold % % Avg DOM Active % % Average Sale Price 48,53 43, % 415,71 411,775.96% Median Price 36, 359,.28% 363,5 362,.41% Total Sales 71,842, ,666, % 8,438,922,442 7,823,729, % Sales $/List $ 96.38% 95.83%.54% 96.65% 96.67% -.2% *Total MLS includes Mobile Listings Calgary Metro only includes Zone A, B, C and D **Year-to-date and monthly statistics will accurately reflect our database, reflecting up-to-date changes that naturally occur.

3 CREB CALGARY METRO BY PRICE Oct-1 SINGLE FAMILY Month Y.T.D. Month Y.T.D. - 99,999 -.% 1.1% 1.11% 2.2% 1, - 199, % % 8.9% 93.89% 2, - 299, % 1, % % 1, % 3, - 349, % 1, % % 1, % 35, - 399, % 2, % % 1, % 4, - 449, % 1, % % 1, % 45, - 499, % 1, % % 1, % 5, - 549, % % % % 55, - 599, % % % % 6, - 649, % % % % 65, - 699, % % % % 7, - 799, % % % % 8, - 899, % % % % 9, - 999, % % 8.9% % 1,, - 1,249, % % % % 1,25, - 1,499, % 13.9% 5.56% 75.72% 1,5, - 1,749, % 33.29% 3.34% 36.34% 1,75, - 1,999, % 33.29% 3.34% 19.18% 2,, - 2,499, % 25.22% -.% 21.2% 2,5, - 2,999,999 -.% 18.16% -.% 1.1% 3,, - 3,499,999 -.% 3.3% -.% -.% 3,5, - 3,999,999 -.% 2.2% -.% 1.1% Over 4,, -.% -.% 1.11% 3.3% % 11,53 1.% % 1,468 1.% CONDO - 99, % 46.98% % 31.68% 1, - 199, % % % % 2, - 299, % 2, % % 2, % 3, - 349, % % % % 35, - 399, % % % % 4, - 449, % % % % 45, - 499, % % % % 5, - 549, % % 4 1.3% % 55, - 599, % 45.96% 3.98% % 6, - 649, % 33.7% 2.65% 37.81% 65, - 699, % 28.6% 2.65% 17.37% 7, - 799,999 -.% 22.47% 1.33% 18.4% 8, - 899,999 -.% 21.45% 2.65% 16.35% 9, - 999, % 4.9% 1.33% 9.2% 1,, - 1,249, % 11.23% 1.33% 1.22% 1,25, - 1,499,999 -.% 9.19% 1.33% 5.11% 1,5, - 1,749,999 -.% 1.2% -.% -.% 1,75, - 1,999,999 -.% -.% -.% 1.2% 2,, - 2,499, % 1.2% -.% -.% 2,5, - 2,999,999 -.% 1.2% -.% -.% 3,, - 3,499,999 -.% -.% -.% -.% 3,5, - 3,999,999 -.% -.% -.% -.% Over 4,, -.% 1.2% -.% -.% 368 4, ,548 Monthly and Year-to-date values in the monthly statistics package will accurately reflect our database.

4 CREB TOWN AND COUNTRY BY PRICE CATEGORY Oct-1 TOWNS - 99,999 Month 6 2.1% Y.T.D % Month % Y.T.D % 1, - 199, % % % % 2, - 299, % % % % 3, - 349, % % % % 35, - 399, % % % % 4, - 449, % % % % 45, - 499, % % % % 5, - 549, % % % % 55, - 599, % % 3 1.3% % 6, - 649, % % 2.87% % 65, - 699, % % 2.87% % 7, - 799, % % % % 8, - 899, % 26.8% 2.87% 3.96% 9, - 999, % 22.68% 1.43% 23.74% 1,, - 1,249,999 -.% 17.52% 1.43% 16.51% 1,25, - 1,499, % 16.49% 2.87% 12.39% 1,5, - 1,749,999 -.% 3.9% 1.43% 5.16% 1,75, - 1,999,999 -.% -.% -.% 2.6% 2,, - 2,499, % 2.6% -.% 3.1% 2,5, - 2,999,999 -.% 1.3% -.% -.% 3,, - 3,499,999 -.% -.% -.% -.% 3,5, - 3,999,999 -.% -.% -.% -.% Over 4,, -.% -.% -.% -.% % 3,248 1.% 23 1.% 3,116 1.% COUNTRY RESIDENTIAL (ACREAGES) - 99,999 -.% 1.17% % 5.95% 1, - 199, % % % % 2, - 299, % % % % 3, - 349, % % % % 35, - 399, % % % % 4, - 449, % % % % 45, - 499, % % % % 5, - 549, % % % % 55, - 599, % % % % 6, - 649, % % % % 65, - 699, % % % % 7, - 799, % % 5 9.9% % 8, - 899, % % % % 9, - 999, % % % % 1,, - 1,249, % % % % 1,25, - 1,499, % % % % 1,5, - 1,749,999 -.% % % % 1,75, - 1,999,999 -.% % -.% 9 1.7% 2,, - 2,499,999 -.% % -.% 9 1.7% 2,5, - 2,999, % 6 1.2% -.% 4.76% 3,, - 3,499,999 -.% 2.34% -.% -.% 3,5, - 3,999,999 -.% -.% -.% 1.19% Over 4,, -.% -.% % 1.19% Monthly and Year-to-date values in the monthly statistics package will accurately reflect our database.

5 CREB CALGARY METRO SINGLE FAMILY BY STYLE October 211 Style Inventory Listings Added Sales Avg Price Total Sales Median Price Avg DOM S$/L$ NW BK-SP , 35, 35, % BLEVL ,749 7,394, , % BUNG ,527 34,536,67 42, % BUNGH ,633 1,519,9 58, % HL-SP 2 1 MODUL 3 1 SPLT ,111 1,794,1 55, % SPLT , 375, 375, % SPLT ,892 9,285,4 375, % SPLT5 8 2 ST ,271 2,829,9 414, % ST ,311 9,879,34 445, % ST ,667 1,922, 74, % ST3 8 1 VILLA ,5 95, 41, % NE BK-SP ,25 51,5 242, % BLEVL ,927 1,32,29 28, % BUNG ,77 13,943,1 255, % SPLT ,667 1,1, 35, % SPLT ,25 512,5 235, % SPLT ,267 4,129, 278, % ST1.5 2 ST ,645 16,7,5 29, % SW BK-SP 9 2 BLEVL ,318 3,842,5 33, % BUNG ,415 33,5,85 415, % BUNGH ,7 437,7 437, % BUNGS 1 HL-SP 1 SPLT ,118 9,437, 423, % SPLT SPLT ,656 7,34,5 382, % SPLT ,5 659,5 659, % ST ,9 3,254,5 72, % ST ,841 93,75, , % ST , 9, 9, % ST ,1, 2,1, 2,1, % VILLA ,667 1,793, 639, % SE BK-SP ,4, 1,4, 1,4, % BLEVL ,81 3,328,1 33, % BUNG ,785 22,727,88 353, % BUNGH 2 2 SPLT ,77 8,113, 54, % SPLT , 295, 295, % SPLT ,85 4,218,5 375, % SPLT5 1 ST , 239, 239, % ST ,792 42,41,82 387, % ST ST3 2 1 VILLA 3 2

6 CREB CALGARY METRO CONDOMINIUM BY STYLE October 211 Style Inventory Listings Added Sales Avg Price Total Sales Median Price Avg DOM S$/L$ NW APART ,222 12,211, , % APRTM , 327, 327, % BLEVL 17 4 BUNG , ,8 285, % LOFT 1 1 PENTH , 26, 26, % SPLT ,5 26,5 26, % SPLT , 235, 235, % SPLT ,625 1,258,5 281, % SPLT , 826, 355, % ST ,953 8,553,65 285, % ST2.5 ST ,5 1,135, 45, % VILLA NE APART ,723 2,219,4 165, % APRTM 4 1 BLEVL , 15, 15, % BUNG ,5 415, 155, % SPLT2 2 1 SPLT , 165, 165, % SPLT5 ST1.5 ST ,296 2,272,15 152, % ST , 151, 151, % ST3 1 1 VILLA 2 1 SW APART ,885 36,385,48 256, % APRTM ,625 2,794,5 272, % BK-SP 1 BLEVL ,67 45,2 135, % BUNG ,667 1,72, 235, % BUNGS 1 429, 429, 429, % LOFT ,5 549, 23, % PENTH , 1,31, 41, % SPLT ,5 645, 315, % SPLT ,75 731,5 32, % SPLT SPLT , 41, 41, % ST ST ,756 12,264,741 29, % ST , 41, 41, % ST ,333 1,354, 485, % VILLA ,667 1,346, 449, % SE APART ,375 2,944,5 247, % APRTM 2 1 BLEVL 3 1 BUNG ,5 1,21, 33, % LOFT 2 2 SPLT2 2 SPLT ,3 1,38,9 449, % SPLT5 1 1 ST ,43 6,94,95 265, % ST2.5 1 ST , 342, 342, % VILLA 2

7 CREB - COMMERCIAL SUMMARY Year to Date 31- Type Sold or Leased Sold or Leased Avg Price or Lse / M 2 Avg DOM Total Sales SP / LP BUS L IND L OFC L RET L AGR S , ,583, 92.42% BUS S 7 9, ,31, % BWP S , ,615, % IND S 28 7, ,926,1 87.8% LAN S 11 1,53, ,535, 81.15% MFC S 28 1,122, ,417, 93.8% OFC S 19 84, ,292, % RET S , ,351,9 9.5% Year to Date 31-Oct-1 Type Sold or Leased Sold or Avg Price or Leased Lse / M 2 Avg DOM Total Sales SP / LP BWP L IND L OFC L RET L AGR S 17 2,164, ,81, 87.21% BUS S 63 9, ,717, % BWP S , ,179, 89.55% IND S , ,63, % LAN S 3 985, ,551,3 9.14% MFC S , ,985, 93.92% OFC S 19 68, ,561, % RET S , ,58, %

8 CREB SINGLE FAMILY CALGARY METRO LONG TERM COMPARISON SUMMARY January February March April May June July August September October November December YTD 27 New Listings 2,323 2,22 3,129 3,97 3,654 3,37 2,545 2,835 3,14 2,587 1, ,716 Sales 1,495 1,938 2,265 2,7 1,984 1,75 1,494 1,312 1,56 1,114 1, ,42 Avg Price 433,73 448, , , , ,997 56,79 485,818 47, , , , ,41 Median 38, 48, 427, 431,5 435, 438,5 435, 43, 42,75 412,5 47, 46, 421, Avg DOM New Listings 3,24 2,983 3,487 3,378 3,422 2,785 2,555 2,271 2,63 2,321 1, ,253 Sales 1,79 1,244 1,413 1,36 1,362 1,435 1,38 1,168 1, ,452 Avg Price 455,72 471, ,49 474, , ,52 456,42 44, , ,15 435, ,398 46,33 Median 41, 428,844 42, 42, 419, 48, 48,25 398, 395, 39, 387,9 38, 49, Avg DOM New Listings 2,67 2,58 2,23 2,5 2,23 2,236 2,82 1,97 1,855 1,817 1, ,447 Sales ,81 1,289 1,58 1,832 1,579 1,275 1,253 1,283 1, ,429 Avg Price 413,31 415,597 42,6 426, , , , , , , , , ,329 Median 374,85 375, 375, 38, 39, 398,75 39, 399, 399,5 41, 48, 4, 392, Avg DOM New Listings 1,82 2,151 2,986 3,76 2,965 2,729 1,94 1,958 2,252 1,762 1, ,697 Sales 759 1,32 1,388 1,351 1,256 1, ,91 Avg Price 441, ,375 47,994 46, , ,16 464,5 445,814 46, , , , ,132 Median 398, 41,5 422,95 417, 42, 418, 4, 395, 39, 389, 399,9 389, 46, Avg DOM New Listings 1,963 2,268 2,431 2,295 2,553 2,42 2,38 2,111 2,326 1,797 22,22 Sales 784 1,169 1,352 1,216 1,311 1,393 1,15 1,14 1, ,53 Avg Price 453, , , , , ,69 456,63 454, , , ,875 #N/A 466,844 Median 39, 4, 399,5 42, 423, 417,5 48,5 42,75 4, 395, 429, #N/A 47, Avg DOM #N/A 45

9 CREB - CONDOMINIUM CALGARY METRO LONG TERM COMPARISON SUMMARY January February March April May June July August September October November December YTD 27 New Listings 1,4 89 1,249 1,157 1,329 1,253 1,113 1,188 1,314 1, ,57 Sales , ,231 Avg Price 287,634 31, , , , , ,551 32, , ,84 312,823 34, ,41 Median 267,5 28,8 29, 39,5 38, 34,9 297,7 31, 3, 289, 285,16 285,5 295, Avg DOM New Listings 1,44 1,24 1,563 1,491 1,545 1,236 1,186 1,53 1,187 1, ,15 Sales ,661 Avg Price 311,41 311, , , , ,89 296, , , ,1 285, ,919 32,41 Median 29, 295, 292,5 29, 284, 282, 273,5 268,5 265, 268, 251,8 254, 279,5 Avg DOM New Listings ,319 Sales ,32 Avg Price 264, , , , , , , ,4 29, , ,6 284, ,356 Median 24, 249,95 26, 252, 255, 265,75 263,375 26, 265, 263,5 265, 265, 26, Avg DOM New Listings 951 1,19 1,376 1,338 1,22 1, ,424 Sales ,176 Avg Price 282, ,4 297, ,586 34, , , , ,28 287,88 284, ,59 289,95 Median 265, 266, 275, 267,5 279,95 27, 268, 26, 265, 256,5 254,15 26, 266,5 Avg DOM New Listings , ,135 Sales ,681 Avg Price 288,291 29,548 28, , , ,32 286, , , ,93 215, #N/A 288,736 Median 255, 267,5 256, 26, 269,25 265, 269, 255, 26, 262, , #N/A 262,5 Avg DOM #N/A 53

10 Sales Inventory CREB TOTAL MLS 22, Avg Sale Price Median Sale Price $5, # Sales/Inventory 2, 18, 16, 14, 12, 1, 8, 6, 43, , ,295 39,124 41,941 36, 344,9 35, ,579 41,63 36, 36, , , ,298 48, ,652 48,53 411, , 36, 365, 36, 369, 37,633 37, $45, $4, $35, $3, $25, $2, $15, Average/Median Sales Price 4, $1, 2, $5, Oct-1 Nov-1 Dec-1 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 $

11 12 CREB ABSORPTION RATE TOTAL MLS Balanced Market Absorption Rate = Inventory / Sales

12 CREB TOTAL MLS 3 16, Inventory Sales 14, 12, 1, 8, 6, 4, 2, Oct-8 Dec-8 Feb-9 Apr-9 Jun-9 Aug-9 Oct-9 Dec-9 Feb-1 Apr-1 Jun-1 Aug-1 Oct-1 Dec-1 Feb-11 Apr-11 Jun-11 Aug-11 CREB TOTAL MLS 7, New Listings Sales 6, 5, 4, 3, 2, 1, Oct-8 Dec-8 Feb-9 Apr-9 Jun-9 Aug-9 Oct-9 Dec-9 Feb-1 Apr-1 Jun-1 Aug-1 Oct-1 Dec-1 Feb-11 Apr-11 Jun-11 Aug-11

13 CREB TOTAL MLS Sales New Listings 3 8, 7, 6, 5, 4, 3, 2, 1, 1,519 Oct-1 3,373 3,54 1,74 2, 18, 16, 14, 12, 1, 8, 6, 4, 2, CREB TOTALMLS INVENTORY AS OF MONTH END 1,473 11,64 Oct-1

14 CREB - CALGARY METRO SINGLE FAMILY AVERAGE SALE PRICE 6, 5, 444, ,399 4, 3, 2, 1, Oct-1 CREB - CALGARY METRO CONDOMINIUM AVERAGE SALE PRICE 5, 45, 4, 35, 287,88 282,93 3, 25, 2, 15, 1, 5, Oct-1

15 CREB - SURROUNDING TOWNS AVERAGE SALE PRICE 5, 45, 4, 358, ,18 35, 3, 25, 2, 15, 1, 5, Oct-1 1,4, CREB - COUNTRY RESIDENTIAL(ACREAGES) AVERAGE SALE PRICE 1,2, 1,, 8, 664,229 75,666 6, 4, 2, Oct-1

16 CREB -TOTAL MLS SALES 5, 4,5 4, 3,5 3, 2,5 2, 1,5 1, 5 Oct-1 1,519 1,74 CREB -METRO CONDO & SINGLEFAMILY AS A PERCENT OF TOTAL METRO SALES 14% Condo Sales SF Sales 12% 1% 26% 27% 8% 6% 74% 73% 4% 2% % Oct-1

17 CITY OF CALGARY SINGLE FAMILY SALES BY PRICE RANGE YEAR TO DATE 45% 4% 35% 3% 25% 2% 15% 1% 5% % <$3, $3, -$ 349,999 $35, - $449,999 $45, - $549,999 $55, - $699,999 $7, + Oct-8 Oct-9 Oct-1 Source: CREB CITY OF CALGARY CONDOMINIUM SALES BY PRICE RANGE YEAR TO DATE 6% 5% 4% 3% 2% 1% % <$2, $2, - $299,999 $3, - $399,999 $4, - $599,999 $6,+ Oct-8 Oct-9 Oct-1 Source: CREB

18 CITY OF CALGARY SINGLE FAMILY AVERAGE AND MEDIAN PRICE - YEAR OVER YEAR CHANGE 5% 4% 3% 2% 1% % -1% -2% Single Family Average Price change Single Family Median Price Change Source: CREB CITY OF CALGARY CONDOMINIUM AVERAGE AND MEDIAN PRICE - YEAR OVER YEAR CHANGE 6% 5% 4% 3% 2% 1% % -1% -2% -3% Condominium Average Price change Condominium Median Price Change Source: CREB

19 3, CITY OF CALGARY SINGLE FAMILY AND CONDOMINIUM SALES YEAR TO DATE 25, 2, 15, 1, 5, - Sales 1 year Average Source: CREB