Sales-to-new-listings ratio
Market1 Market classification Sales (#)2 Listings (#) Level Balanced market
range
3
Price ($)
Victoria Sellers’ 8,592 10,536 0.817 0.484–0.770 884,330
m/m %   4.1 –7.5     0.5
y/y %   –10.1 –25.8     8.7
Vancouver Balanced 39,036 53,508 0.679 0.437–0.718 1,171,572
    –0.4 –16.1     –1.3
    14.8 –12.6     10.3
Fraser Valley4 Sellers’ 21,936 26,148 0.827 0.441–0.715 971,991
    2.0 –15.7     –0.1
    6.2 –18.3     18.0
Calgary Balanced 33,144 46,824 0.721 0.464–0.727 496,178
    –7.9 –10.6     –0.2
    33.8 2.3     5.8
Edmonton Balanced 24,096 41,880 0.572 0.451–0.710 391,218
    –11.4 –9.9     –1.8
    10.1 3.5     5.1
Regina Balanced 4,392 6,924 0.636 0.490–0.752 319,315
    –1.9 –3.2     –1.5
    –4.7 0.3     5.4
Saskatoon Balanced 6,384 11,208 0.590 0.425–0.678 346,040
    –14.9 4.6     –1.2
    –10.6 –10.1     3.4
Winnipeg Balanced 16,548 21,588 0.765 0.448–0.791 323,863
    9.4 7.9     –8.6
    5.0 3.3     0.0
Thunder Bay Sellers’ 2,088 2,664 0.812 0.497–0.760 289,570
    –3.3 4.7     –1.2
    –13.9 10.4     12.0
Sudbury Sellers’ 2,616 3,096 0.798 0.343–0.675 357,919
    –8.8 –15.4     –8.1
    –18.7 –8.5     16.4
Toronto Sellers’ 105,924 148,908 0.704 0.465–0.688 1,071,405
    –2.0 –8.1     0.9
    –7.0 –20.7     12.6
Oshawa Sellers’ 11,664 13,524 0.874 0.479–0.753 908,337
    –9.7 –11.7     1.4
    –23.9 –24.4     28.2
Hamilton Balanced 13,320 17,256 0.782 0.435–0.799 842,915
    –5.4 –8.9     –1.2
    –22.8 –20.7     21.8
St. Catharines Sellers’ 3,684 5,052 0.771 0.396–0.717 714,233
    –6.7 –6.7     0.8
    –24.4 –5.6     20.8
Kitchener Sellers’ 9,780 10,980 0.890 0.483–0.768 774,304
    0.4 –11.6     3.1
    –11.9 –17.9     21.4
Guelph Balanced 3,252 4,332 0.773 0.508–0.837 802,250
    –16.6 –9.5     1.1
    –18.4 –1.9     22.8
London Sellers’ 10,440 13,428 0.766 0.417–0.713 622,946
    –2.0 –6.1     –1.5
    –12.7 –0.4     27.0
Windsor Balanced 7,320 11,688 0.632 0.437–0.687 526,331
    –3.5 1.4     –0.4
    –4.8 24.7     30.4
Kingston Sellers’ 3,816 5,028 0.782 0.360–0.664 569,297
    –13.6 –15.7     –0.1
    –30.0 –18.3     26.0
Ottawa Balanced 18,456 28,212 0.649 0.412–0.714 630,657
    0.6 –1.4     –1.8
    –18.0 10.9     18.3
Gatineau Sellers’ 5,294 5,706 0.892 0.442–0.746 399,100
    –8.1 –21.1     1.3
    –30.1 –27.2     26.0
Montréal Sellers’ 53,456 60,256 0.863 0.478–0.720 532,469
    –1.0 –21.2     –2.4
    –29.7 –31.3     15.6
Québec City Sellers’ 7,627 8,666 0.819 0.499–0.770 318,855
    –19.0 –28.7     –1.7
    –40.4 –32.5     7.2
Sherbrooke Sellers’ 2,487 2,648 0.867 0.448–0.756 365,691
    8.1 –10.2     –1.3
    –24.9 –15.2     16.1
Trois–Rivières Sellers’ 1,541 1,572 0.947 0.475–0.802 218,514
    –6.2 –18.3     –8.6
    1.3 1.3     19.1
Saguenay Sellers’ 1,117 1,176 0.940 0.428–0.740 216,349
    –16.6 –19.4     –7.4
    –44.8 –44.5     7.8
Saint John Sellers’ 3,048 3,432 0.913 0.355–0.640 245,242
    –4.9 –2.1     –9.8
    18.7 5.1     21.1
Moncton Sellers’ 3,936 4,956 0.789 0.382–0.666 276,418
    –6.0 0.2     0.3
    –12.8 –2.1     27.8
Halifax Balanced 6,444 8,916 0.760 0.436–0.835 454,810
    –1.1 –5.9     –0.8
    –19.6 –3.3     23.6
Newfoundland Sellers’ 6,960 10,260 0.684 0.344–0.582 277,099
(province)   1.6 –0.2     –1.2
    37.1 –5.9     13.0


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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