Metropolitan Resale Snapshot

Updated: May 27, 2021

The monthly Metropolitan Resale Snapshot provides an overview of Canada’s existing home markets and lets you know what to expect for prices of previously owned homes for 30 areas. Is your market in buyer's territory, or seller's? The Conference Board’s forecasting experts know.

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Markets are majority hot

Latest issue: May 2021

Resale Markets Throttle Back, but Remain Brisk

Canada's existing housing markets plateaued in April. Sales pulled back from red-hot March levels in most markets, and listings rose in many areas. Markets remained generally boiling, though, due to low interest rates and the ongoing move to outlying markets.

Another Electric Month for Resale Markets

Issue release: April 27, 2021

Canada's existing housing markets continued red-hot in March, as rising listings allowed higher sales volumes in many markets. Interest rates remain low, and homebuyers generally want more living space and can look in secondary markets, now that many former commuters work from home.

Resale Markets Continue to Boil

Issue release: March 24, 2021

Canada's existing housing markets remained scorching in February. Signs of an emerging economic recovery are combining with a number of conditions to boost residential demand: interest rates remain persistently low; homebuyers are searching for more living space; and commuters are able to work from home, instead of commuting.

Metropolitan areas covered

Author

Robin Wiebe

Robin Wiebe

Senior Economist

wiebe@conferenceboard.ca

Robin Wiebe is a Senior Economist with The Conference Board of Canada. During his time at the Board, Robin has co-authored various housing reports for external clients and shared responsibility for the Board’s regular municipal forecasts. He also contributes to the national, provincial, and metropolitan forecasts and various industry-specific research reports. The custom, client-funded, research that Robin has participated in includes diverse topics like Canadian pharmaceutical pricing and municipal benchmarking. On some of this work, Robin has represented the Conference Board to media outlets such as The Economist and The Globe and Mail.

Prior to joining the Board, Robin was a market analyst with the Canada Mortgage and Housing Corporation for 19 years. He reported on the housing market for various internal and external clients and represented CMHC to different media outlets.

Robin holds a masters’ degree in economics from the University of Guelph and a bachelors’ degree in economics from Wilfrid Laurier University.

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