Sales-to-new-listings ratio
Market1 Market classification Sales (#)2 Listings (#) Level Balanced market
range3		 Price ($)
Victoria Sellers’ 10,728 13,548 0.811 0.482–0.763 783,888
m/m %   6.7 8.6     –1.6
y/y %   47.8 17.5     10.7
Vancouver Balanced 48,000 70,440 0.618 0.434–0.715 1,080,575
    21.0 7.4     –0.1
    45.5 41.9     7.8
Fraser Valley4 Balanced 30,144 40,200 0.694 0.438–0.708 901,122
    11.7 15.8     –1.8
    62.8 56.1     18.2
Calgary Balanced 30,324 42,864 0.696 0.461–0.722 461,668
    9.5 1.1     –1.4
    40.9 –1.5     1.6
Edmonton Balanced 23,820 37,620 0.622 0.450–0.709 371,415
    1.2 –3.4     –4.5
    30.2 –6.4     1.9
Regina Balanced 4,368 7,212 0.641 0.488–0.752 300,861
    –1.9 5.6     –0.5
    31.9 29.8     3.4
Saskatoon Balanced 6,360 11,268 0.554 0.423–0.677 325,997
    –9.4 15.9     1.1
    26.2 1.8     2.4
Winnipeg Balanced 17,352 22,044 0.771 0.445–0.785 322,499
    5.2 5.8     –2.9
    29.7 2.2     6.0
Thunder Bay Sellers’ 2,244 2,712 0.825 0.496–0.751 265,825
    –4.1 –0.4     –0.6
    –4.6 –3.8     15.2
Sudbury Sellers’ 3,348 3,288 1.010 0.345–0.658 331,147
    3.3 –0.7     2.7
    26.2 –5.2     20.4
Toronto Balanced 135,168 198,192 0.649 0.463–0.684 971,690
    22.1 10.1     1.0
    55.3 56.3     11.2
Oshawa Sellers’ 14,952 17,400 0.819 0.477–0.747 779,930
    11.9 6.7     1.9
    46.2 40.8     21.9
Hamilton Balanced 16,968 21,852 0.759 0.432–0.795 756,318
    9.2 6.8     2.4
    35.2 27.4     26.2
St. Catharines Sellers’ 4,776 4,872 0.916 0.394–0.711 635,621
    19.2 –0.2     3.2
    43.2 –1.7     23.4
Kitchener Sellers’ 10,656 12,468 0.781 0.481–0.759 647,404
    1.8 –4.8     0.4
    40.5 42.5     15.6
Guelph Balanced 3,984 5,136 0.795 0.504–0.834 738,461
    0.3 14.7     2.6
    38.3 20.2     26.7
London Sellers’ 12,456 14,388 0.876 0.417–0.703 557,652
    1.7 2.1     2.0
    32.7 13.2     29.0
Windsor Sellers’ 8,748 11,268 0.790 0.437–0.680 447,553
    7.5 4.6     4.6
    23.6 25.2     34.5
Kingston Sellers’ 4,704 6,336 0.764 0.360–0.660 498,625
    –4.6 –1.9     0.7
    25.6 24.8     18.7
Ottawa Sellers’ 23,460 27,216 0.846 0.408–0.706 558,352
    2.8 –7.7     0.1
    28.1 35.2     20.3
Gatineau Sellers’ 7,594 7,641 1.024 0.442–0.730 342,742
    3.0 –0.4     0.1
    40.4 21.8     19.6
Montréal Sellers’ 72,105 77,434 0.922 0.478–0.704 476,233
    1.8 –3.7     –1.4
    29.5 23.7     14.2
Québec City Sellers’ 13,598 14,918 0.921 0.498–0.760 310,497
    2.5 9.6     1.2
    42.3 8.9     16.3
Sherbrooke Sellers’ 3,122 3,071 1.003 0.447–0.744 311,526
    3.7 –3.0     4.3
    25.7 15.5     21.4
Trois-Rivières Sellers’ 1,656 1,819 0.949 0.477–0.784 213,616
    6.7 10.3     6.8
    9.0 –7.6     27.4
Saguenay Sellers’ 1,994 2,480 0.834 0.426–0.724 215,967
    4.8 35.7     –2.3
    23.5 26.2     8.6
Saint John Sellers’ 3,348 4,080 0.848 0.362–0.615 192,620
    15.8 13.3     –8.5
    43.1 35.5     2.3
Moncton Sellers’ 4,428 4,956 0.913 0.385–0.648 228,431
    –15.9 –2.6     0.5
    25.1 7.0     13.4
Halifax Sellers’ 9,924 10,332 0.974 0.435–0.819 399,619
    –0.1 –1.4     1.2
    39.0 23.2     19.4
Newfoundland Balanced 6,000 10,812 0.564 0.342–0.576 256,591
(province)   –2.2 1.1     0.3
    49.3 1.3     10.0


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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