Sales-to-new-listings ratio
Market1 Market classification Sales (#)2 Listings (#) Level Balanced
market
range
3
Price ($)
Victoria Sellers’ 8,880 10,632 0.813 0.486–0.772 975,612
m/m %   1.2 0.3     10.0
y/y %   –19.8 –23.8     23.9
Vancouver Balanced 42,696 56,100 0.717 0.438–0.719 1,213,148
    7.8 –2.4     2.5
    1.9 –18.9     10.4
Fraser Valley4 Sellers’ 23,640 28,008 0.818 0.441–0.718 1,063,264
    6.7 7.6     4.6
    –8.7 –20.5     23.1
Calgary Sellers’ 36,552 46,596 0.784 0.465–0.728 498,294
    5.8 4.7     2.0
    28.9 6.4     4.7
Edmonton Balanced 28,356 42,324 0.682 0.452–0.710 386,355
    14.8 1.4     0.6
    17.2 –0.5     –0.8
Regina Balanced 4,176 7,260 0.574 0.490–0.751 329,302
    9.4 6.1     0.9
    –5.9 11.0     7.2
Saskatoon Balanced 7,152 11,232 0.638 0.426–0.679 351,690
    10.6 9.0     6.0
    1.4 –1.8     4.1
Winnipeg Balanced 17,472 22,224 0.772 0.449–0.792 354,822
    15.1 17.1     3.4
    3.5 5.3     7.7
Thunder Bay Sellers’ 2,628 2,832 0.915 0.498–0.761 301,103
    17.7 –0.4     3.1
    3.3 3.1     7.2
Sudbury Sellers’ 3,000 3,492 0.830 0.344–0.679 433,131
    6.4 8.6     8.0
    –6.7 –6.4     33.0
Toronto Sellers’ 116,592 142,572 0.805 0.466–0.691 1,141,524
    9.9 4.0     1.5
    0.0 –27.3     19.5
Oshawa Sellers’ 12,372 13,716 0.886 0.480–0.755 994,403
    9.1 2.7     2.5
    –18.6 –24.5     33.6
Hamilton Sellers’ 15,096 17,148 0.849 0.437–0.801 932,808
    8.0 5.0     5.7
    –12.0 –16.0     27.4
St. Catharines Sellers’ 4,464 4,536 0.972 0.397–0.721 780,917
    12.7 –9.6     5.7
    –4.1 –17.6     33.2
Kitchener Sellers’ 10,332 11,592 0.869 0.484–0.769 850,840
    30.7 6.5     7.2
    –5.6 –12.1     34.5
Guelph Sellers’ 3,600 4,200 0.858 0.509–0.839 902,485
    8.7 21.1     9.0
    –14.0 –14.4     31.7
London Sellers’ 11,364 12,996 0.839 0.418–0.716 675,565
    7.1 0.7     4.4
    –1.7 –7.4     27.0
Windsor Sellers’ 8,280 11,244 0.716 0.439–0.689 555,062
    5.3 0.5     1.5
    –2.8 10.9     29.1
Kingston Sellers’ 4,200 5,088 0.800 0.361–0.666 624,744
    15.9 –8.8     4.2
    –19.7 –18.5     26.1
Ottawa Sellers’ 20,004 25,992 0.766 0.414–0.715 658,111
    8.7 3.9     1.0
    –19.5 –19.5     17.0
Gatineau Sellers’ 5,566 6,399 0.876 0.444–0.751 422,000
    –3.8 0.7     1.2
    –20.8 –19.7     27.6
Montréal Sellers’ 50,189 59,170 0.841 0.479–0.724 547,282
    2.6 –4.3     2.5
    –25.7 –24.3     15.5
Quebéc City Sellers’ 9,550 10,207 0.917 0.499–0.774 328,874
    –3.4 –6.8     –1.2
    –25.4 –19.2     10.0
Sherbrooke Sellers’ 2,285 2,304 0.965 0.447–0.768 384,327
    –0.1 –1.8     10.3
    –25.0 –17.8     16.2
Trois-Rivières Balanced 1,498 1,927 0.771 0.476–0.806 243,565
    0.7 20.0     –4.3
    –8.0 23.8     18.9
Saguenay Sellers’ 1,582 1,875 0.857 0.429–0.743 233,621
    5.6 10.6     6.0
    1.3 3.0     13.5
Saint John Sellers’ 3,228 4,284 0.802 0.355–0.645 278,992
    14.0 24.4     2.1
    5.5 15.2     31.3
Moncton Sellers’ 4,908 5,136 0.925 0.382–0.672 287,887
    9.4 5.2     –0.8
    8.2 8.9     23.1
Halifax Sellers’ 6,828 8,052 0.865 0.437–0.838 497,350
    1.2 –0.4     4.9
    –28.0 –24.2     24.6
Newfoundland and Labrador Sellers’ 6,480 10,044 0.662 0.345–0.584 277,136
(province)   –9.8 4.8     0.9
    10.7 –5.7     8.6


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. This information is not intended as specific investment, accounting, legal, or tax advice.

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