Sales-to-new-listings ratio
Market1 Market classification Sales (#)2 Listings (#) Level Balanced
market
range
3
Price ($)
Victoria Balanced 6,672 11,652     1,057,891
m/m %   -15.8 5.4 0.624 0.487–0.774 -2.2
y/y %   -29.6 8.2     16.2
Vancouver Balanced 29,328 57,468     1,276,282
    -18.4 0.4 0.558 0.440–0.720 -1.7
    -35.4 -16.7     9.0
Fraser Valley 4 Balanced 13,956 29,004     1,051,846
    -20.1 2.7 0.525 0.442–0.720 -6.7
    -55.7 -16.9     6.0
Calgary Balanced 36,924 49,212     526,241
    -15.9 -6.6 0.734 0.465–0.736 -2.5
    -4.6 -9.0     3.9
Edmonton Balanced 28,608 48,384     411,920
    -7.2 -0.1 0.621 0.452–0.730 -2.1
    -3.1 12.5     1.4
Regina Balanced 4,752 6,972     329,988
    7.6 3.2 0.710 0.492–0.752 0.0
    3.9 1.6     1.6
Saskatoon Sellers' 6,840 10,188     345,583
    2.5 9.3 0.704 0.427–0.681 -1.7
    -9.2 -15.0     -4.6
Winnipeg Balanced 14,112 20,832     401,333
    -2.5 16.5 0.721 0.452–0.796 1.7
    -14.0 3.6     16.2
Thunder Bay Balanced 1,980 2,904     323,836
    -7.8 41.5 0.714 0.500–0.769 -7.7
    -15.4 26.0     11.0
Sudbury Sellers' 3,180 4,272     480,650
    4.7 9.5 0.760 0.346–0.675 -1.3
    -15.3 0.3     21.8
Toronto Buyers' 74,484 161,748     1,176,368
    -9.3 -3.0 0.459 0.466–0.692 -3.1
    -41.4 -2.1     9.7
Oshawa Balanced 9,348 18,108     979,725
    -9.9 -5.4 0.515 0.481–0.755 -7.1
    -38.3 6.6     10.7
Hamilton Balanced 10,884 22,128     979,736
    -12.4 3.2 0.476 0.439–0.803 -1.8
    -36.4 12.0     17.3
St. Catharines Balanced 2,664 5,892     859,789
    -26.2 -3.0 0.472 0.399–0.723 2.0
    -34.3 16.1     22.4
Kitchener Balanced 7,920 15,288     863,041
    -6.5 0.9 0.536 0.486–0.771 -5.0
    -28.3 24.2     15.0
Guelph Balanced 2,688 5,004     940,366
    -14.2 -12.0 0.539 0.510–0.840 -8.1
    -34.9 12.4     13.6
London Balanced 8,004 16,560     748,290
    -15.5 1.9 0.494 0.419–0.719 0.6
    -33.4 21.3     18.9
Windsor Balanced 6,396 13,860     623,501
    -6.5 9.1 0.477 0.440–0.691 -3.3
    -19.6 30.2     15.3
Kingston Balanced 3,228 6,576     685,951
    -3.9 18.1 0.559 0.363–0.674 0.8
    -28.5 10.0     13.5
Ottawa Balanced 15,828 25,800     698,089
    -11.1 0.2 0.623 0.416–0.719 -0.9
    -23.0 -4.3     7.8
Gatineau Balanced 4,891 7,622     476,357
    -5.1 8.8 0.680 0.447–0.760 -0.7
    -16.6 7.8     23.2
Montréal Balanced 50,031 80,052     609,834
    2.3 17.0 0.670 0.482–0.734 -1.5
    -8.9 10.0     11.6
Québec City Balanced 9,511 13,633     352,885
    0.6 13.9 0.741 0.502–0.786 -0.2
    -1.4 5.3     9.7
Sherbrooke Balanced 2,077 3,418     509,406
    -4.0 31.5 0.715 0.450–0.779 24.2
    -15.0 7.1     50.6
Trois–Rivières Sellers' 1,759 1,976     312,873
    41.2 6.1 0.902 0.478–0.819 7.8
    22.9 23.6     35.3
Saguenay Sellers' 1,415 1,729     269,242
    6.7 21.4 0.855 0.428–0.764 1.3
    -7.7 -0.7     28.6
Saint John Sellers' 2,724 3,672     317,596
    0.9 10.1 0.756 0.354–0.662 4.0
    -17.8 5.5     25.1
Moncton Sellers' 4,080 5,112     344,069
    -2.9 0.2 0.813 0.382–0.686 -1.4
    -5.3 -1.8     25.8
Halifax Balanced 6,684 8,124     550,196
    -1.1 3.5 0.786 0.444–0.863 -5.4
    -6.9 33.0     22.5
Newfoundland and Labrador Sellers' 7,320 10,140     290,425
(province)   -1.9 13.4 0.705 0.345–0.594 1.7
    1.8 -8.9     4.8


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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