Sales-to-new-listings ratio
Market1 Market classification Sales (#)2 Listings (#) Level Balanced market
range
3
Price ($)
Victoria Sellers’ 11,856 13,380 0.850 0.482–0.764 876,016
m/m %   8.6 1.2     10.8
y/y %   65.2 12.9     20.3
Vancouver Sellers’ 47,868 66,732 0.768 0.434–0.716 1,104,167
    1.1 –2.6     2.0
    71.7 27.1     11.1
Fraser Valley4 Sellers’ 29,784 37,368 0.818 0.439–0.709 952,240
    0.9 –5.2     5.0
    100.5 45.2     25.7
Calgary Sellers’ 32,760 41,916 0.780 0.462–0.724 535,213
    6.1 –1.5     16.2
    51.8 –0.4     14.7
Edmonton Balanced 28,740 40,668 0.690 0.449–0.710 384,306
    17.7 4.8     3.4
    66.0 10.6     5.2
Regina Balanced 4,656 5,988 0.725 0.488–0.752 290,411
    3.2 –20.4     –2.1
    77.2 –2.7     –3.0
Saskatoon Balanced 6,768 11,736 0.564 0.423–0.677 334,670
    3.7 3.2     2.5
    27.0 3.8     6.2
Winnipeg Sellers’ 18,552 21,528 0.888 0.446–0.786 335,752
    5.5 –1.6     4.2
    36.5 –10.9     9.9
Thunder Bay Sellers’ 2,388 2,616 0.929 0.495–0.754 274,162
    7.6 –8.4     3.3
    7.6 –5.6     15.8
Sudbury Sellers’ 3,492 3,120 1.171 0.343–0.663 384,263
    3.2 –9.1     15.2
    72.2 2.8     37.5
Toronto Sellers’ 138,072 176,220 0.785 0.463–0.685 1,008,947
    2.0 –14.4     3.5
    63.1 28.1     15.3
Oshawa Balanced 13,584 18,720 0.740 0.477–0.748 872,822
    –8.4 5.9     11.9
    19.2 8.9     34.9
Hamilton Sellers’ 16,272 15,540 1.022 0.432–0.797 803,978
    –5.8 –31.9     5.8
    19.2 –12.2     26.8
St. Catharines Sellers’ 4,392 4,692 0.887 0.394–0.712 711,844
    –5.2 –7.1     11.0
    19.6 –8.2     35.5
Kitchener Sellers’ 10,152 10,416 0.895 0.481–0.761 695,364
    –5.4 –16.6     7.1
    29.8 –2.3     24.5
Guelph Sellers’ 3,756 4,080 0.927 0.505–0.835 762,712
    –5.2 –24.4     2.7
    13.0 –4.2     31.2
London Sellers’ 10,788 10,536 0.961 0.416–0.706 602,962
    –9.1 –29.9     7.1
    9.2 –19.0     39.8
Windsor Sellers’ 8,760 9,084 0.877 0.436–0.683 471,803
    –0.1 –21.1     3.8
    49.0 –0.3     30.2
Kingston Sellers’ 4,512 3,972 1.061 0.358–0.664 525,165
    –4.6 –39.8     5.0
    18.2 –30.9     27.7
Ottawa Sellers’ 22,140 23,556 0.943 0.409–0.707 607,386
    –2.5 –15.5     8.9
    26.7 17.3     26.1
Gatineau Sellers’ 6,341 5,678 1.087 0.441–0.735 342,796
    –14.3 –25.1     0.1
    17.8 –11.7     22.1
Montréal Sellers’ 65,669 53,909 1.161 0.474–0.714 500,943
    –7.7 –29.9     5.0
    16.3 –11.2     18.5
Québec City Sellers’ 11,625 9,596 1.161 0.496–0.766 313,880
    –13.6 –37.4     0.9
    15.6 –30.4     13.5
Sherbrooke Sellers’ 3,086 2,555 1.178 0.444–0.751 317,356
    –0.2 –15.4     1.7
    35.4 –1.8     15.7
Trois-Rivières Sellers’ 1,770 1,249 1.461 0.472–0.795 216,476
    6.1 –31.8     0.9
    8.6 –31.2     17.3
Saguenay Sellers’ 1,671 1,635 0.967 0.425–0.727 214,770
    –13.1 –34.8     –0.4
    28.2 –30.0     10.6
Saint John Sellers’ 3,264 2,304 1.236 0.358–0.624 199,853
    –1.1 –46.4     3.3
    33.3 –12.3     7.9
Moncton Sellers’ 4,584 4,008 1.037 0.383–0.653 241,329
    4.1 –19.9     5.0
    48.1 14.0     26.4
Halifax Sellers’ 8,580 6,696 1.201 0.434–0.827 440,323
    –15.3 –34.7     9.2
    22.2 –13.6     30.4
Newfoundland Sellers’ 6,720 9,624 0.694 0.342–0.578 253,267
(province)   11.3 –11.4     –1.1
    77.8 12.6     9.0


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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