Metropolitan Resale Snapshot

Updated: October 21, 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.

Access to the data is available, for latest report only, and to subscribers.

Sales falling below

Latest issue: October 2021

Markets Remain Strong in September

Canada’s existing housing markets strengthened last month but remained below the record for September set last year. Still, last month’s volume was the second-busiest September on record. While resale conditions appear to have stabilized, demand remains high and supply low.

Markets Cooling After Hot Summer

Issue release: September 27, 2021

Canada’s existing housing markets saw further easing in May. Both sales and listings pulled back in most areas and price growth decelerated. Falling sales may reflect some buyers’ decision to wait for calmer markets, although falling listings also constrain the supply of available homes. Low interest rates remain a key underpinning.

Markets Continue to Moderate in July

Issue release: August 30, 2021

Canada’s existing housing markets calmed down further in July. Sales and listings both dropped in most areas and price growth continued to cool. Falling sales nonetheless left July volumes strong by past standards, while dwindling listings kept markets tight. Low interest rates remain a spur.

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.

Subscribe to the Metropolitan Resale Snapshot

Get the latest on Canada’s used housing markets, updated monthly.

Become a subscriber

Contact us for more information


Questions?

Contact our sales team by e-mail or by phone at 1-888-801-8818