Sales-to-new-listings ratio
Market1 Market classification Sales (#)2 Listings (#) Level Balanced market
range
3
Price ($)
Victoria Sellers' 8,400 11,748     881,012
m/m %   -10.0 4.5 0.783 0.484–0.769 -2.9
y/y %   19.5 -6.6     13.8
Vancouver Balanced 39,480 65,508     1,191,350
    -11.5 -6.0 0.680 0.436–0.718 1.9
    61.8 13.3     14.2
Fraser Valley4 Sellers' 21,276 29,784     974,112
    -28.6 -16.7 0.795 0.440–0.714 -1.4
    40.5 -0.4     26.4
Calgary Balanced 35,928 53,520     497,971
    -7.4 -3.3 0.668 0.463–0.726 -1.5
    73.5 29.5     10.7
Edmonton Balanced 27,696 47,280     399,633
    -6.3 5.9 0.598 0.451–0.710 -1.0
    38.0 21.6     11.6
Regina Balanced 4,512 7,188     325,079
    -5.3 2.9 0.628 0.490–0.752 -0.1
    4.2 5.8     5.8
Saskatoon Sellers' 7,668 10,752     351,278
    -0.9 -11.4 0.717 0.425–0.679 -2.0
    16.8 -7.0     9.6
Winnipeg Balanced 15,120 19,824     353,493
    -6.2 -0.8 0.762 0.447–0.791 1.6
    6.1 -6.9     14.4
Thunder Bay Sellers' 2,184 2,604     293,299
    -5.2 13.0 0.892 0.497–0.760 0.8
    -7.1 -6.9     18.0
Sudbury Sellers' 2,832 3,792     391,734
    -17.2 0.6 0.770 0.342–0.674 -1.2
    -3.3 13.7     31.0
Toronto Balanced 106,620 166,908     1,060,932
    -9.1 -2.5 0.685 0.465–0.687 0.0
    34.7 9.0     17.3
Oshawa Sellers' 12,888 15,600     894,439
    -12.0 -7.5 0.877 0.478–0.751 1.7
    17.5 -2.9     33.5
Hamilton Balanced 14,016 19,572     853,133
    -16.2 -2.8 0.774 0.434–0.799 3.8
    13.1 9.0     27.9
St. Catharines Sellers' 4,044 5,580     707,851
    2.4 9.4 0.790 0.396–0.716 1.7
    25.3 10.2     19.6
Kitchener Sellers' 9,852 12,864     750,964
    -9.3 -2.0 0.806 0.483–0.766 1.0
    9.6 3.1     26.3
Guelph Balanced 3,972 4,920     796,064
    0.3 13.3 0.828 0.507–0.837 -2.6
    17.4 18.8     22.6
London Sellers' 10,896 14,688     635,053
    -5.4 4.5 0.763 0.417–0.712 1.1
    11.8 17.1     35.5
Windsor Balanced 7,752 11,712     529,003
    -2.4 5.4 0.672 0.437–0.687 -0.8
    11.2 30.7     36.6
Kingston Sellers' 4,548 6,180     572,014
    0.5 -0.6 0.772 0.360–0.663 -2.7
    0.5 0.8     27.2
Ottawa Balanced 18,456 30,792     644,268
    -5.9 10.8 0.613 0.412–0.713 -0.2
    7.2 43.1     25.0
Gatineau Sellers' 5,835 7,467     394,183
    3.8 3.3 0.815 0.442–0.744 3.9
    -14.8 -6.1     28.6
Montréal Sellers' 53,670 77,241     546,572
    0.0 4.7 0.723 0.477–0.718 0.0
    -7.9 -14.1     24.6
Québec City Sellers' 9,786 12,246     325,180
    5.1 -7.2 0.827 0.498–0.769 1.1
    -20.1 -17.2     15.7
Sherbrooke Sellers' 2,287 3,005     371,422
    -2.9 -12.2 0.792 0.448–0.754 9.3
    -10.1 -9.9     29.6
Trois-Rivières Sellers' 1,644 1,993     240,475
    14.8 24.5 0.831 0.475–0.799 2.0
    -19.7 1.4     27.7
Saguenay Sellers' 1,362 1,383     235,071
    -8.3 -23.2 0.974 0.427–0.738 12.7
    -36.6 -46.9     17.0
Saint John Sellers' 3,252 3,504     271,160
    -1.1 -2.3 0.938 0.355–0.638 6.8
    27.8 12.3     35.0
Moncton Sellers' 4,248 4,884     275,653
    1.1 -5.8 0.877 0.382–0.665 -0.6
    7.9 14.3     29.7
Halifax Balanced 6,012 9,828     460,247
    -10.7 53.9 0.625 0.434–0.836 1.9
    -12.4 21.9     27.9
Newfoundland and Labrador Sellers' 6,840 10,116     280,116
(province)   -3.2 -8.9 0.688 0.344–0.581 -0.2
    102.8 -4.5     25.6


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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