Sales-to-new-listings ratio
Market1 Market classification Sales (#)2 Listings (#) Level Balanced market
range
3
Price ($)
Victoria Sellers’ 11,628 12,408 0.851 0.483–0.765 883,533
m/m %   –0.8 –6.0     0.8
y/y %   55.5 5.5     26.1
Vancouver Sellers’ 50,040 65,820 0.750 0.434–0.717 1,135,540
    4.7 –1.6     2.3
    78.7 31.1     12.8
Fraser Valley4 Sellers’ 35,040 39,900 0.861 0.439–0.711 946,433
    13.6 6.8     –0.5
    118.7 35.9     24.0
Calgary Sellers’ 36,336 47,892 0.765 0.462–0.724 488,508
    9.7 11.2     –0.5
    64.2 10.2     8.7
Edmonton Sellers’ 29,208 39,996 0.715 0.450–0.710 385,862
    1.8 –1.8     0.4
    59.9 5.0     6.8
Regina balanced 4,788 6,516 0.734 0.489–0.752 297,694
    2.3 8.6     2.2
    50.6 3.4     –0.6
Saskatoon balanced 8,220 11,832 0.661 0.423–0.677 339,856
    19.1 1.1     1.1
    54.3 8.7     12.1
Winnipeg Sellers’ 20,112 22,296 0.878 0.446–0.787 335,979
    7.1 0.7     0.0
    45.2 1.4     14.3
Thunder Bay Sellers’ 2,604 3,012 0.848 0.495–0.754 305,601
    11.3 14.6     10.8
    24.0 2.0     31.1
Sudbury Sellers’ 3,504 3,516 1.069 0.342–0.667 374,599
    3.2 14.0     –2.4
    19.7 –6.4     33.0
Toronto Sellers’ 162,972 223,824 0.727 0.464–0.686 1,032,608
    15.9 32.6     2.3
    55.6 47.3     14.7
Oshawa balanced 21,084 27,948 0.709 0.477–0.748 875,734
    56.5 50.0     0.6
    55.9 55.8     36.0
Hamilton Sellers’ 18,624 23,148 0.802 0.433–0.797 839,243
    15.3 52.0     5.1
    11.0 16.4     28.9
St. Catharines Sellers’ 4,788 5,208 0.902 0.395–0.713 754,349
    12.7 12.4     7.3
    25.1 –8.6     44.8
Kitchener Sellers’ 12,120 14,784 0.867 0.482–0.762 757,578
    21.7 45.6     8.9
    25.5 27.0     32.8
Guelph Sellers’ 4,908 5,592 0.886 0.506–0.835 771,850
    35.0 40.4     0.4
    31.1 31.3     26.8
London Sellers’ 12,828 13,968 0.890 0.417–0.707 601,158
    24.3 34.6     –0.3
    22.9 5.2     38.1
Windsor Sellers’ 9,060 10,152 0.901 0.436–0.684 460,210
    6.9 13.6     –2.5
    22.4 –2.4     23.0
Kingston Sellers’ 5,136 6,696 0.790 0.359–0.665 609,159
    18.6 71.7     16.0
    24.4 17.2     36.6
Ottawa Sellers’ 24,180 24,552 0.983 0.409–0.710 632,194
    11.1 6.1     4.7
    26.3 14.5     25.4
Gatineau Sellers’ 7,315 6,877 1.094 0.439–0.740 365,549
    14.5 21.9     6.0
    7.9 –10.2     32.3
Montréal Sellers’ 61,643 63,800 0.941 0.474–0.717 511,711
    –3.9 18.8     1.9
    –2.1 –4.8     19.6
Québec City Sellers’ 11,876 12,399 0.950 0.496 –0.768 321,039
    2.2 28.8     2.1
    6.3 –11.4     14.1
Sherbrooke Sellers’ 2,612 2,846 1.013 0.445–0.753 383,579
    –14.6 10.7     19.2
    14.0 –5.2     39.1
Trois-Rivières Sellers’ 1,444 1,615 0.888 0.473–0.796 223,655
    –17.3 29.9     2.4
    –4.7 0.8     30.7
Saguenay Sellers’ 1,991 1,864 1.049 0.425–0.732 214,422
    18.9 14.3     0.0
    12.1 –19.5     11.6
Saint John Sellers’ 3,336 2,904 1.107 0.356–0.629 219,675
    –2.5 16.3     8.6
    29.9 –22.4     19.3
Moncton Sellers’ 4,680 4,764 1.034 0.382–0.657 257,946
    2.4 15.4     5.9
    29.6 2.8     30.5
Halifax Sellers’ 9,204 7,620 1.201 0.433–0.832 455,861
    –3.3 9.5     4.0
    18.9 –15.6     36.8
Newfoundland and Labrador Sellers’ 6,432 10,116 0.658 0.343–0.578 254,596
(province)   –4.6 3.4     0.7
    25.8 12.7     6.6


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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