Sales–to–new–listings ratio
Market1 Market classification Sales (#)2 Listings (#) Level Balanced market
range3
Price ($)
    10,668 14,364     781,911
Victoria Balanced 15.2 5.5 0.731 0.482 – 0.761 –3.7
m/m %   42.5 21.8     10.3
y/y %   39,732 75,240     1,084,645
Vancouver Balanced 17.9 20.2 0.513 0.437 – 0.721 2.1
    41.2 43.5     9.2
    24,444 37,032     826,617
Fraser Valley4 Balanced 18.5 15.9 0.646 0.446 – 0.715 1.6
    56.9 35.9     12.7
    24,264 40,980     469,883
Calgary Balanced –1.5 –9.8 0.583 0.466 – 0.727 0.4
    8.9 2.2     6.4
    22,368 38,316     376,882
Edmonton Balanced 2.8 –3.4 0.565 0.447 – 0.729 1.6
    17.1 –0.9     1.6
    4,404 6,816     309,916
Regina Balanced –2.1 –1.9 0.635 0.490 – 0.755 2.7
    46.8 10.9     4.5
    7,236 12,192     338,422
Saskatoon Balanced 2.6 –1.0 0.587 0.425 – 0.680 1.4
    50.8 7.5     8.7
    18,120 21,936     324,867
Winnipeg Balanced 18.6 3.4 0.772 0.450 – 0.789 0.4
    27.6 –6.6     10.7
    2,352 2,316     257,954
Thunder Bay Sellers’ 3.2 2.7 0.955 0.494 – 0.745 0.7
    1.6 –24.9     12.4
    3,156 3,324     311,097
Sudbury Sellers’ 0.8 5.7 0.914 0.343 – 0.648 2.3
    16.9 –6.7     15.2
    125,616 233,292     983,932
Toronto Balanced 12.9 29.0 0.548 0.469 – 0.691 3.1
    35.8 48.6     19.1
    15,468 20,424     727,147
Oshawa Sellers’ 1.3 15.8 0.760 0.480 – 0.748 2.8
    41.3 15.5     18.5
    15,228 18,924     689,061
Hamilton Balanced –9.9 –0.3 0.779 0.437 – 0.795 –0.4
    12.5 3.5     15.2
    4,188 5,484     596,657
St. Catharines Sellers’ –12.3 10.7 0.750 0.397 – 0.708 1.2
    18.7 1.3     27.3
    11,388 13,428     633,630
Kitchener Sellers’ 5.7 8.0 0.838 0.483 – 0.757 –0.5
    38.5 16.3     21.4
    3,720 5,160     672,951
Guelph Balanced –4.0 24.3 0.711 0.509 – 0.841 4.4
    7.6 10.8     15.7
    11,376 12,852     499,019
London Sellers’ 0.9 1.2 0.858 0.416 – 0.694 4.0
    15.3 –2.7     18.0
    8,988 9,984     406,024
Windsor Sellers’ 22.2 11.7 0.870 0.447 – 0.686 2.1
    29.6 2.1     24.0
    5,328 6,384     486,414
Kingston Sellers’ 3.3 9.5 0.811 0.315 – 0.611 8.1
    42.3 11.3     29.0
    21,756 29,088     556,945
Ottawa Sellers’ 1.2 23.1 0.753 0.406 – 0.701 5.2
    14.5 17.7     24.0
    6,461 7,154     326,687
Gatineau Sellers’ –14.6 –7.9 0.911 0.439 – 0.714 3.1
    32.3 3.1     22.0
    69,587 85,836     468,001
Montréal Sellers’ –9.1 –2.9 0.808 0.545 – 0.759 2.0
    36.3 37.8     18.8
    13,155 13,587     293,417
Québec City Sellers’ 4.2 7.8 0.955 0.499 – 0.746 –1.3
    61.6 –3.8     8.7
    2,757 3,084     293,528
Sherbrooke Sellers’ –21.1 6.3 0.927 0.444 – 0.719 –6.7
    59.6 4.5     14.6
    1,795 1,354     176,767
Trois–Rivières Sellers’ 15.7 –7.4 1.345 0.474 – 0.774 –0.8
    37.0 –28.1     3.0
    1,786 2,009     200,322
Saguenay Sellers’ –7.6 –2.5 0.870 0.425 – 0.708 1.1
    35.6 –1.4     5.3
    2,976 3,996     203,346
Saint John Sellers’ 21.6 22.0 0.771 0.367 – 0.608 0.9
    27.8 3.4     6.5
    4,572 5,484     219,167
Moncton Sellers’ 5.0 3.6 0.836 0.397 – 0.645 2.3
    48.8 11.7     12.5
    8,088 11,568     377,587
Halifax Balanced 5.0 27.3 0.745 0.430 – 0.791 3.8
    18.2 27.9     17.5
    5,124 11,172     248,664
Newfoundland
Balanced 2.6 3.1 0.453 0.344 – 0.577 2.4
(province)   23.1 1.5     7.1


1 For real estate board area (except Newfoundland, which is province-wide).
2 Italics indicate percentage change. The second row shows the percentage change from the previous month, the third row from the year earlier.
3 Within one standard deviation of long-term average sales-to-new-listings ratio.
4 Includes Abbotsford.
Note: All data are seasonally adjusted.
Sources: The Conference Board of Canada; Canadian Real Estate Association; Quebec Federation of Real Estate Boards.


About the Metro resale snapshot

The monthly Metro resale snapshot provides an overview of the existing home market for 30 areas and expectations for existing home price growth over the short term.


Disclaimer: Forecasts and research often involve numerous assumptions and data sources and are subject to inherent risks and uncertainties.

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