Sales-to-new-listings ratio
Market1 Market classification Sales (#)2 Listings (#) Level Balanced market
range
3
Price ($)
Victoria Sellers’ 9,984 12,288 0.782 0.482–0.762 802,530
m/m %   –8.3 –10.5     0.8
y/y %   30.6 12.0     9.7
Vancouver Balanced 39,216 64,308 0.597 0.433–0.715 1,083,938
    –4.7 –1.9     –1.3
    17.9 30.8     7.3
Fraser Valley4 Sellers’ 26,556 34,200 0.751 0.438–0.708 917,114
    3.3 –0.5     6.6
    47.9 29.3     21.9
Calgary Balanced 27,312 42,228 0.650 0.466–0.726 469,261
    –2.0 0.0     –1.0
    34.0 5.0     6.7
Edmonton Balanced 23,436 39,156 0.589 0.446–0.727 391,981
    –2.2 –5.9     0.3
    25.8 2.5     7.6
Regina Balanced 4,404 6,864 0.634 0.487–0.751 303,854
    –0.8 5.0     –1.5
    79.0 9.4     7.7
Saskatoon Sellers’ 6,984 9,744 0.698 0.422–0.677 322,810
    0.9 –11.0     –5.0
    41.3 –6.7     0.9
Winnipeg Sellers’ 16,476 20,556 0.806 0.445–0.784 333,159
    –1.6 –2.9     1.0
    24.3 –17.0     7.3
Thunder Bay Sellers’ 2,352 2,736 0.888 0.496–0.750 267,555
    –9.3 0.4     –4.6
    4.8 –10.6     16.1
Sudbury Sellers’ 3,252 3,240 0.933 0.345–0.656 321,588
    1.9 –13.5     –0.7
    22.6 –10.9     12.5
Toronto Balanced 110,508 178,044 0.601 0.463–0.684 961,012
    –2.1 –4.3     0.8
    20.5 34.4     13.5
Oshawa Sellers’ 13,560 16,224 0.813 0.476–0.747 757,965
    –8.6 –6.4     2.1
    23.6 3.7     22.4
Hamilton Sellers’ 15,792 20,340 0.796 0.431–0.795 736,972
    –8.0 4.7     1.3
    15.5 14.8     23.2
St. Catharines Sellers’ 4,188 4,812 0.836 0.394–0.709 616,471
    –9.4 –8.7     5.2
    24.6 5.8     26.5
Kitchener Sellers’ 10,596 12,984 0.812 0.481–0.759 644,437
    –3.5 1.1     2.0
    28.9 25.1     15.4
Guelph Sellers’ 4,044 4,464 0.905 0.504–0.833 714,187
    –3.4 –5.6     4.9
    16.6 3.0     23.4
London Sellers’ 12,468 14,004 0.916 0.417–0.701 542,024
    9.0 4.3     3.0
    25.8 2.5     26.8
Windsor Sellers’ 8,232 10,716 0.774 0.436–0.679 424,630
    –6.0 5.9     0.9
    16.3 10.5     27.1
Kingston Sellers’ 4,968 6,432 0.813 0.359–0.659 494,915
    –4.6 4.9     –0.3
    24.3 16.8     17.2
Ottawa Sellers’ 22,848 29,640 0.772 0.408–0.706 558,570
    –8.4 –7.9     0.0
    18.5 27.2     20.1
Gatineau Sellers’ 7,372 7,734 0.955 0.443–0.725 343,368
    1.2 –6.5     3.9
    33.5 14.4     21.0
Montréal Sellers’ 70,908 81,050 0.875 0.478–0.700 484,928
    –1.5 –1.0     2.1
    31.9 29.9     20.2
Québec City Sellers’ 13,300 13,512 1.004 0.497–0.758 305,359
    –0.2 4.6     2.7
    49.8 –4.6     11.1
Sherbrooke Sellers’ 3,020 3,190 1.010 0.447–0.741 299,091
    –5.1 8.8     –9.5
    52.8 15.6     2.7
Trois-Rivières Sellers’ 1,546 1,608 0.960 0.477–0.781 199,085
    –5.9 3.4     –1.2
    –1.1 –17.4     12.3
Saguenay Sellers’ 1,910 1,822 1.066 0.425–0.724 220,878
    1.8 –3.7     5.5
    62.5 –10.1     20.7
Saint John Sellers’ 2,916 3,600 0.867 0.363–0.612 209,702
    –4.0 –2.9     –1.6
    24.0 3.8     9.3
Moncton Sellers’ 5,340 5,064 1.013 0.384–0.646 226,684
    15.0 6.3     –2.0
    51.4 5.5     17.0
Halifax Sellers’ 9,564 10,392 0.910 0.435–0.798 393,935
    0.9 –1.1     –0.9
    26.9 28.5     15.2
Newfoundland Balanced 6,132 10,488 0.551 0.342–0.574 256,611
(province)   5.4 –1.1     0.7
    33.8 –0.9     5.7


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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