Sales–to–new–listings ratio
Market1 Market classification Sales (#)2 Listings (#) Level Balanced market
range
3
Price ($)
    10,668 12,252     826,671
Victoria Sellers' 0.7 -16.2 0.864 0.481 – 0.761 5.1
m/m %   41.1 3.1     23.2
y/y %   43,320 60,072     1,107,592
Vancouver Balanced 10.5 -23.7 0.698 0.433 – 0.715 1.7
    43.3 18.7     12.2
    24,600 32,148     846,276
Fraser Valley4 Sellers' 1.5 -14.8 0.754 0.437 – 0.707 2.1
    45.9 16.9     13.8
    26,844 40,308     466,583
Calgary Balanced 9.4 -1.6 0.645 0.466 – 0.726 -0.6
    23.7 3.8     5.3
    23,184 40,584     380,450
Edmonton Balanced 3.5 5.1 0.562 0.446 – 0.727 0.9
    24.5 4.7     5.1
    4,644 6,960     316,776
Regina Balanced 4.0 2.3 0.633 0.487 – 0.751 1.9
    36.7 12.4     -0.1
    7,068 12,036     336,113
Saskatoon Balanced -1.7 -0.9 0.598 0.422 – 0.676 -0.9
    44.4 -0.1     3.8
    16,464 21,564     327,684
Winnipeg Balanced -4.5 -1.8 0.759 0.444 – 0.783 1.2
    27.7 -4.6     8.7
    2,460 2,796     256,514
Thunder Bay Sellers' 5.7 15.9 0.882 0.496 – 0.747 -0.5
    13.9 -6.8     6.5
    2,976 3,696     340,225
Sudbury Sellers' -3.9 6.9 0.794 0.345 – 0.651 8.4
    8.8 10.4     25.5
    117,204 177,828     949,681
Toronto Balanced -5.3 -22.7 0.653 0.463 – 0.684 -3.4
    28.6 18.6     13.4
    15,348 16,596     731,603
Oshawa Sellers' 0.2 -24.1 0.942 0.476 – 0.745 1.1
    48.4 -6.8     18.9
    19,440 19,248     718,916
Hamilton Sellers' 8.7 -15.6 0.998 0.430 – 0.794 1.7
    41.6 2.3     19.5
    4,524 5,436     562,404
St. Catharines Sellers' 9.0 -2.2 0.835 0.394 – 0.706 -5.5
    36.1 4.1     20.5
    11,592 12,072     638,267
Kitchener Sellers' 3.1 -12.1 0.946 0.480 – 0.757 0.6
    27.4 1.7     18.8
    4,368 4,248     674,420
Guelph Sellers' 16.7 -20.1 1.025 0.503 – 0.832 -0.2
    29.5 -8.1     16.2
    11,484 12,132     511,610
London Sellers' 2.4 -9.0 0.959 0.416 – 0.698 2.4
    17.9 -11.9     23.3
    9,636 10,392     419,294
Windsor Sellers' 10.3 0.6 0.928 0.436 – 0.677 2.5
    34.7 -1.0     28.0
    4,872 6,252     489,299
Kingston Sellers' -7.5 -3.5 0.779 0.359 – 0.656 1.5
    29.7 2.6     20.8
    26,172 28,788     570,532
Ottawa Sellers' 19.9 2.9 0.902 0.407 – 0.705 2.5
    41.4 20.9     26.9
    7,607 8,672     332,210
Gatineau Sellers' 14.5 16.8 0.892 0.443 – 0.720 1.5
    45.7 26.5     20.5
    73,703 86,976     464,961
Montréal Sellers' 5.2 0.8 0.847 0.479 – 0.695 -0.8
    38.9 33.4     14.3
    14,722 14,058     311,431
Québec City Sellers' 10.3 3.2 1.035 0.498 – 0.751 5.0
    70.0 -4.3     13.1
    3,697 3,398     282,703
Sherbrooke Sellers' 28.6 9.2 1.096 0.449 – 0.731 -3.2
    73.2 9.4     9.3
    1,440 1,341     210,825
Trois – Rivières Sellers' -19.7 -1.3 1.066 0.474 – 0.779 18.6
    3.6 -23.9     27.1
    2,055 2,011     208,792
Saguenay Sellers' 12.6 -0.5 1.001 0.426 – 0.715 3.7
    65.0 -2.4     9.9
    2,808 3,408     205,247
Saint John Sellers' -5.6 -14.7 0.843 0.364 – 0.607 0.7
    16.4 -8.1     14.0
    4,728 4,716     294,846
Moncton Sellers' 2.1 -14.0 0.991 0.386 – 0.639 34.6
    32.7 2.3     51.5
    8,544 9,624     383,136
Halifax Sellers' -1.7 -15.6 0.865 0.434 – 0.796 1.7
    25.1 22.1     18.2
    5,676 10,560     252,347
Newfoundland
Balanced 12.6 -8.9 0.534 0.341 – 0.574 0.9
(province)   34.8 -4.6     5.9


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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