Metropolitan Resale Snapshot: August 2017

The Conference Board of Canada, August 18, 2017
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The monthly Metropolitan Resale Snapshot provides an overview of the existing home market and expectations for existing home price growth over the short term for 28 areas.

Document Highlights

  • Transactions continued to pull back in July, falling in 19 of our 28 markets.
  • Listings generally eased in the Golden Horseshoe last month but are still elevated, providing buyers with a good selection.
  • The sales-to-listings ratio fell in 17 areas during July and trailed its year-earlier level in 20 markets.
  • Price growth is slowing.

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