Sales-to-new-listings ratio
Market1 Market classification Sales (#)2 Listings (#) Level Balanced
market
range
3
Price ($)
Victoria Sellers' 8,088 9,648 0.781 0.487–0.775 1,052,620
m/m %   –12.4 –17.3     0.3
y/y %   –29.1 –14.8     19.8
Vancouver Balanced 43,176 59,412 0.657 0.439–0.720 1,297,659
    –1.3 –18.3     –1.8
    –28.8 –20.6     11.5
Fraser Valley 4 Balanced 23,796 35,664 0.651 0.442–0.720 1,164,312
    5.6 –19.7     –7.7
    –25.7 –18.7     19.0
Calgary Sellers' 52,212 67,488 0.793 0.464–0.736 541,147
    –12.8 –10.9     –3.4
    35.9 23.5     7.3
Edmonton Sellers' 38,544 43,968 0.852 0.451–0.731 423,780
    0.1 –4.1     –0.6
    31.0 0.9     5.5
Regina Sellers' 4,356 6,216 0.782 0.491–0.752 325,110
    –7.6 –4.4     3.7
    –11.0 –26.1     0.3
Saskatoon Sellers' 7,584 9,912 0.732 0.427–0.680 355,990
    13.1 –11.4     –1.0
    –13.7 –21.6     3.0
Winnipeg Sellers' 15,516 17,664 0.860 0.451–0.796 388,364
    2.0 3.1     0.3
    –26.0 –21.2     12.9
Thunder Bay Sellers' 2,376 2,808 0.888 0.499–0.768 354,194
    –11.6 4.5     3.2
    –18.9 –15.8     24.5
Sudbury Sellers' 3,672 4,380 0.880 0.346–0.673 490,764
    –5.3 –5.2     –5.9
    –18.8 –21.8     28.4
Toronto Balanced 103,056 178,416 0.581 0.467–0.693 1,286,136
    –18.6 –3.6     –1.0
    –32.4 –14.5     18.5
Oshawa Balanced 13,008 18,744 0.733 0.481–0.756 1,109,851
    –8.1 –0.8     –7.1
    –36.3 –15.4     27.4
Hamilton Balanced 16,464 22,416 0.727 0.439–0.804 1,051,498
    –3.4 –1.6     –0.3
    –23.6 –8.3     22.8
St. Catharines Sellers' 4,116 6,216 0.737 0.399–0.724 874,752
    –5.5 7.0     –3.9
    –19.1 –8.0     25.7
Kitchener Sellers' 10,680 14,280 0.798 0.486–0.772 943,366
    –6.9 –0.4     –5.3
    –29.2 –21.6     26.5
Guelph Balanced 4,152 5,364 0.789 0.510–0.842 1,004,605
    –0.3 8.5     0.4
    –22.9 –7.5     28.3
London Sellers' 12,060 15,960 0.769 0.419–0.721 788,806
    –5.5 5.6     0.7
    –14.8 3.1     29.0
Windsor Sellers' 9,504 12,444 0.773 0.440–0.693 680,105
    –4.8 2.4     0.9
    2.1 13.1     35.3
Kingston Sellers' 4,068 4,848 0.849 0.362–0.673 693,679
    –6.6 0.0     –0.7
    –33.8 –32.0     23.9
Ottawa Sellers' 22,584 26,388 0.819 0.415–0.720 719,858
    –2.3 –4.1     –0.1
    –14.2 –6.3     11.4
Gatineau Sellers' 6,004 7,285 0.780 0.445–0.761 478,651
    2.1 10.6     –1.1
    –12.3 2.2     26.0
Montréal Sellers' 51,187 67,654 0.785 0.481–0.734 605,280
    –2.6 5.9     0.8
    –11.6 –8.6     14.1
Québec City Sellers' 9,765 12,410 0.841 0.500–0.786 353,693
    –7.3 8.6     0.2
    –15.2 –17.2     10.4
Sherbrooke Sellers' 2,240 2,741 0.843 0.447–0.781 409,823
    11.3 6.9     2.1
    –17.1 –12.8     12.8
Trois–Rivières Sellers' 1,442 1,602 0.920 0.476–0.820 286,870
    0.5 3.5     –0.1
    –15.6 –19.5     29.7
Saguenay Sellers' 1,640 1,680 0.990 0.427–0.762 260,863
    1.4 –1.7     9.2
    –9.4 –22.9     16.0
Saint John Sellers' 3,240 3,144 0.924 0.353–0.660 306,419
    40.6 –8.1     2.4
    6.3 –18.1     15.7
Moncton Sellers' 4,308 4,776 0.916 0.381–0.685 352,137
    14.3 1.5     1.7
    –21.4 –16.0     40.2
Halifax Sellers' 6,708 7,104 0.868 0.443–0.863 570,749
    14.8 –1.3     –3.3
    –30.4 –24.0     24.6
Newfoundland and Labrador Sellers' 6,720 9,852 0.686 0.345–0.591 281,715
(province)   –9.1 –8.6     2.3
    –2.4 –15.4     8.8


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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