Sales-to-new-listings ratio
Market1 Market classification Sales (#)2 Listings (#) Level Balanced market
range
3
Price ($)
Victoria Sellers’ 11,484 12,072 0.924 0.483–0.766 885,846
m/m %   –0.3 –7.5     0.1
y/y %   93.3 30.8     19.8
Vancouver Sellers’ 62,688 82,524 0.768 0.435–0.718 1,167,367
    22.2 21.1     1.9
    132.0 81.8     10.5
Fraser Valley4 Sellers’ 34,068 43,428 0.791 0.439–0.711 994,286
    –4.7 1.2     4.6
    139.8 93.0     30.8
Calgary Balanced 39,708 58,128 0.718 0.462–0.725 508,573
    7.6 18.9     3.5
    147.3 99.8     15.6
Edmonton Balanced 32,652 47,172 0.693 0.450–0.710 402,563
    9.7 11.4     3.5
    105.5 57.0     14.7
Regina Balanced 5,568 8,244 0.711 0.489–0.752 329,027
    13.7 22.0     9.7
    64.0 47.4     4.7
Saskatoon Sellers’ 9,768 12,384 0.751 0.424–0.678 343,514
    17.0 3.6     0.5
    94.7 43.9     5.2
Winnipeg Sellers’ 21,480 23,076 0.930 0.446–0.788 346,619
    6.2 3.1     2.9
    71.8 12.2     14.4
Thunder Bay Sellers’ 2,772 3,204 0.854 0.495–0.756 287,738
    5.0 1.5     –5.7
    61.5 30.9     23.6
Sudbury Sellers’ 4,320 4,620 0.942 0.342–0.669 372,842
    18.8 21.8     –0.7
    79.1 54.6     20.1
Toronto Sellers’ 162,792 230,136 0.717 0.464–0.686 1,085,071
    –0.5 0.9     4.2
    103.2 63.3     21.7
Oshawa Sellers’ 21,840 26,904 0.813 0.477–0.748 880,986
    6.6 –4.4     0.8
    96.1 51.7     36.6
Hamilton Sellers’ 22,032 25,476 0.860 0.433–0.797 851,464
    11.4 4.0     2.2
    78.8 53.2     31.3
St. Catharines Sellers’ 5,628 7,368 0.782 0.395–0.715 699,392
    15.0 37.7     –7.1
    98.7 54.3     34.4
Kitchener Sellers’ 15,708 18,396 0.841 0.482–0.763 751,823
    28.5 18.5     0.0
    87.0 61.2     34.0
Guelph Sellers’ 5,496 6,012 0.901 0.506–0.836 784,558
    11.2 6.4     1.5
    68.4 44.4     31.1
London Sellers’ 14,400 15,432 0.910 0.417–0.709 622,051
    7.5 6.1     3.5
    65.1 26.1     43.3
Windsor Sellers’ 9,396 10,944 0.871 0.436–0.686 509,201
    1.7 3.6     9.1
    52.0 13.2     46.3
Kingston Sellers’ 6,336 6,936 0.895 0.359–0.667 575,340
    22.8 0.2     –2.9
    64.5 23.8     37.4
Ottawa Sellers’ 27,216 27,936 0.948 0.411–0.713 651,887
    9.0 8.6     3.1
    60.1 40.6     30.8
Gatineau Sellers’ 7,154 7,410 0.926 0.440–0.743 380,068
    –3.0 8.0     3.1
    18.2 28.9     30.4
Montréal Sellers’ 57,361 74,612 0.780 0.475–0.718 537,881
    –6.2 14.9     4.8
    9.4 40.6     26.6
Québec City Balanced 11,515 16,457 0.708 0.496–0.768 322,009
    –2.9 30.3     0.2
    18.8 53.9     12.6
Sherbrooke Sellers’ 2,802 3,196 0.891 0.446–0.753 369,036
    8.4 9.0     –3.9
    32.6 42.1     39.6
Trois-Rivières Sellers’ 1,727 2,174 0.811 0.473–0.797 220,687
    19.4 30.6     –1.2
    22.0 75.7     24.4
Saguenay Sellers’ 1,859 2,235 0.837 0.426–0.733 230,102
    –6.0 16.2     6.8
    46.9 47.1     27.9
Saint John Sellers’ 3,192 3,792 0.812 0.356–0.631 265,095
    –3.3 29.0     20.6
    26.7 60.4     39.6
Moncton Sellers’ 5,628 5,436 1.039 0.381–0.660 260,617
    19.3 9.2     2.1
    60.1 91.1     27.7
Halifax Sellers’ 9,828 9,840 0.924 0.433–0.834 457,017
    0.5 28.3     –0.2
    40.0 35.3     34.2
Newfoundland and Labrador Sellers’ 6,828 11,148 0.606 0.343–0.579 256,336
(province)   6.8 8.3     0.2
    105.4 47.2     7.2


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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