The Canadian Real Estate Association News Release · 2013-12-16 · News Release The Canadian Real Estate Association The trademars MLS ®, Multiple Listing Service and the associated

News ReleaseThe Canadian Real Estate Association

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

According to statistics1 released today by The Canadian Real Estate Association (CREA), national home sales were little changed in November compared to October.

Highlights: • National home sales edged 0.1% lower from October to November.• Actual (not seasonally adjusted) activity was 5.9% above November 2012 levels.• The number of newly listed homes rose 1.8% from October to November.• The Canadian housing market remains in balanced territory.• The national average sale price rose 9.8% on a year-over-year basis in November.• The MLS® Home Price Index (HPI) rose 4.1% year-over-year in November.

The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations and other co-operative listing systems was little changed in November 2013 compared to October, edging down by one tenth of one per cent.

National sales activity in November stood 3.4 per cent below the peak reached in September, providing further evidence that activity in the later summer and early fall was likely boosted by homebuyers with pre-approved mortgages at lower than current interest rates jumping into the market before their pre-approvals expired.

“Tightened mortgage regulations, combined with the recent increase in the five-year mortgage rate, have affected housing markets differently depending on their location,” said CREA President Laura Leyser. “Because all real estate is local, your REALTOR® remains your best resource for understanding how the housing market is shaping up where you live or might like to.”

Local markets where sales improved on a month-over-month basis ran roughly even with the number in which activity edged back in November, with a decline in Greater Toronto offsetting an increase in Greater Vancouver.

November’s seasonally adjusted sales figure stood slightly above (0.7 per cent) but roughly in line with the average for monthly sales over the past 10 years (Chart A).

Actual (not seasonally adjusted) activity was up 5.9 per cent from November 2012. Year-over-year increases were posted in about half of all local markets, led by gains in Greater Vancouver, Calgary, Edmonton, and Greater Toronto.

On an actual (not seasonally adjusted) basis, a total of 434,678 homes have traded hands across the country so far this year.

Canadian home sales little changed in NovemberOttawa, ON, December 16, 2013

1 All figures in this release, unless otherwise noted, are seasonally adjusted to remove normal seasonal variation. Removing regular seasonal variations enables analysis of monthly changes and fundamental trends in the data.

.Data table available to media upon request, for purposes of reprinting only ٭

Chart A



This represents an increase of 0.2 per cent compared to levels recorded in the first 11 months of 2012 (Chart B).

“While there has been a lot of volatility in sales activity from month to month, sales for the year to date are on par with fairly steady levels posted for the same time period in each of the past five years,” said CREA Chief Economist Gregory Klump.

The number of newly listed homes rose 1.8 per cent on a month-over-month basis in November. New supply was up in a little over half of all local markets, with a jump in BC’s Lower Mainland outstripping small declines in Greater Toronto and Ottawa.

With sales activity flat on a month-over-month basis and new listings up, the national sales-to-new listings ratio slipped to 53.4 per cent in November compared to 54.5 per cent in October. This remains well

within balanced market territory, as has been the case since early 2010.

Based on a sales-to-new listings ratio of between 40 to 60 per cent, about three out of every five local markets were in balanced market territory in November.

The number of months of inventory is another important measure of balance between housing supply and demand. It represents the number of months it would take to completely liquidate current inventories at the current rate of sales activity.

There were 6.0 months of inventory at the national level at the end of November, unchanged from one month earlier. As with the sales-to-new listings ratio, the current level of the months of inventory measure indicates that the Canadian housing market remains well balanced.

“Most housing markets are in balanced market territory, including in many large urban centres where sales are below peaks reached earlier this year,” said Klump. “On balance, current trends provide more evidence that the Canadian housing market remains well behaved while interest rates remain low.”

The actual (not seasonally adjusted) national average price for homes sold in November 2013 was $391,085, an increase of 9.8 per cent from the same month last year.


Chart B


Chart C



The size of year-over-year average price gains continues to reflect the decline in sales activity last year in some of Canada’s larger and more expensive markets which caused the national average price to drop at that time.

Removing Greater Vancouver and Greater Toronto from national average price calculations, the year-over-year increase is more than cut in half to 4.3 per cent.

The MLS® Home Price Index (MLS® HPI) provides a better gauge of price trends, as it is not affected by changes in the mix of sales activity the way that average price is.

The Aggregate Composite MLS® HPI rose 4.11 per cent compared to November 2012. Year-over-year price growth picked up among all property types tracked by the index with the exception of townhouse/row units. (Chart C)

Year-over-year price gains were led by one-storey single family homes (+4.88 per cent). This was closely followed by two-storey single family homes (+4.59 per cent), townhouse/row units (+3.13 per cent) and apartment units (+2.46 per cent).

Year-over-year price growth in the MLS® HPI was mixed across housing markets tracked by the index, led by Calgary (+8.82 per cent) and Greater Toronto (+5.69 per cent). Greater Vancouver recorded the first year-over-year increase (+1.02 per cent) since prices turned lower last year (Table 1).

- 30 -

Interactive tables and charts for MLS® Home Price Index data on Composite, Single family homes (including separate indices for one- and two-storey homes), Townhouse/row units, and Apartment units are available at www.homepriceindex.ca/hpi_tool_en.html.

Data table available to media upon request, for purposes of reprinting only.

MLS® Home Price Index

January 2005 = 100 Percentage Change vs.

Composite HPI: November 2013

1 month ago

3 months ago

6 months ago

12 months ago 3 years ago 5 years ago

Aggregate 162.3 0.31 0.56 0.93 4.11 13.26 21.66

Lower Mainland 152.8 0.07 -0.20 0.26 0.59 5.67 13.02

Greater Vancouver 158.1 0.38 0.25 0.76 1.02 6.46 16.94

Fraser Valley 141.7 -0.63 -1.19 -0.91 -0.35 4.11 4.89

Vancouver Island 145.2 -0.55 -1.63 -0.21 -0.34 -4.16 -3.84

Victoria 136.8 -0.87 -1.08 -2.08 -2.56 -7.32 -3.53

Calgary 196.2 0.77 1.55 3.37 8.82 19.34 14.80

Regina 282.6 -0.28 0.00 -0.11 -0.21 18.05 33.87

Saskatoon 230.7 -1.54 -0.30 0.13 3.87 11.50 15.12

Greater Toronto 157.9 0.83 1.22 1.67 5.69 20.17 35.65

Ottawa 146.5 -0.68 -1.41 -1.81 0.48 7.01 20.77

Greater Montreal 155.1 -0.06 0.00 -1.02 2.72 8.54 20.51

Table 1



PLEASE NOTE: The information contained in this news release combines both major market and national sales information from MLS® Systems from the previous month.

CREA cautions that average price information can be useful in establishing trends over time, but does not indicate actual prices in centres comprised of widely divergent neighbourhoods or account for price differential between geographic areas. Statistical information contained in this report includes all housing types.

MLS® Systems are co-operative marketing systems used only by Canada’s real estate Boards to ensure maximum exposure of properties listed for sale.

The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry trade associations, representing more than 106,000 REALTORS® working through more than 90 real estate Boards and Associations.

Further information can be found at http://crea.ca/statistics.

For more information, please contact:

Pierre Leduc, Media RelationsThe Canadian Real Estate Association

Tel.: 613-237-7111 or 613-884-1460E-mail: [email protected]



Chart 1 Chart 2

Chart 3 Chart 4

Chart 5 Chart 6









November 2013

Nov 2013 Oct 2013monthly

percentage change

Nov 2013 Nov 2012year-over-year

percentage change


percentage change


percentage change

Fraser Valley 622.0 617.6 0.7 500.3 400.2 25.0 593.6 591.8 0.3 478.4 371.3 28.8Vancouver 2,253.7 2,006.5 12.3 1,926.4 1,212.0 58.9 2,161.2 1,974.6 9.5 1,852.1 1,182.3 56.7Victoria 221.6 241.3 -8.2 181.6 181.8 -0.1 211.7 227.7 -7.0 173.2 168.5 2.8Calgary 1,295.8 1,255.2 3.2 1,049.6 841.6 24.7 1,209.2 1,166.0 3.7 967.2 757.9 27.6Edmonton 685.9 686.3 -0.1 518.8 442.6 17.2 592.8 590.2 0.4 438.6 369.7 18.6Regina 110.3 103.5 6.6 83.4 73.8 13.1 105.2 97.5 8.0 79.4 70.5 12.6Saskatoon 178.0 176.3 0.9 138.3 123.8 11.7 169.6 165.1 2.8 130.1 114.6 13.6Winnipeg 295.7 297.4 -0.6 219.3 215.8 1.6 283.9 285.9 -0.7 212.1 209.2 1.4Hamilton-Burlington 472.2 473.0 -0.2 398.7 369.9 7.8 454.2 449.0 1.2 377.1 333.8 13.0Kitchener-Waterloo 195.4 203.0 -3.8 159.6 168.2 -5.1 181.0 168.8 7.2 151.6 157.1 -3.5London and St Thomas 193.2 175.7 9.9 157.0 135.8 15.6 178.6 165.9 7.6 141.0 125.6 12.2Ottawa 435.3 443.8 -1.9 330.6 334.2 -1.1 426.3 435.1 -2.0 323.9 328.5 -1.4St. Catharines 48.2 64.3 -25.0 40.1 43.9 -8.7 45.5 62.8 -27.5 37.7 40.7 -7.3Sudbury 48.7 46.5 4.7 38.4 43.6 -12.0 45.7 42.8 6.8 35.2 41.7 -15.6Thunder Bay 41.3 37.0 11.9 32.7 26.2 24.6 40.1 34.2 17.3 31.6 23.9 32.3Toronto† 4,077.5 4,107.5 -0.7 3,444.0 2,811.5 22.5 4,078.8 4,109.4 -0.7 3,444.0 2,811.5 22.5Windsor-Essex 93.0 89.6 3.8 74.4 69.1 7.7 81.6 80.1 1.8 64.2 61.4 4.6Trois Rivières CMA‡ 11.4 11.8 -3.8 9.1 11.3 -19.2 9.8 9.6 3.0 7.5 9.3 -19.0Montreal CMA 1,001.6 1,027.4 -2.5 908.6 942.5 -3.6 963.0 971.5 -0.9 847.5 867.1 -2.3Gatineau CMA 73.6 69.1 6.6 61.6 66.5 -7.5 71.4 68.7 3.9 55.7 60.1 -7.2Quebec CMA 140.6 135.3 4.0 124.1 146.3 -15.2 138.7 127.7 8.6 119.3 134.6 -11.3Saguenay CMA 18.2 18.8 -2.8 14.0 18.4 -23.8 16.7 17.4 -3.9 12.5 16.9 -26.4Sherbrooke CMA 26.7 36.7 -27.3 24.4 32.0 -23.8 25.9 35.1 -26.3 21.7 27.3 -20.5Saint John 25.8 20.4 26.4 24.2 23.1 4.9 23.6 18.6 26.5 20.9 20.2 3.4Halifax-Dartmouth 123.5 117.8 4.8 96.1 99.7 -3.6 119.0 114.3 4.1 91.8 96.6 -4.9Newfoundland & Labrador 111.4 114.7 -2.9 114.4 112.4 1.8 104.4 105.2 -0.8 110.0 107.9 2.0Canada 16,170.0 15,988.9 1.1 13,406.4 11,607.6 15.5 15,396.7 15,238.2 1.0 12,675.4 10,908.6 16.2

* in millions of dollars†Detailed data for the Toronto Real Estate Board (TREB) market area can be found at http://www.torontorealestateboard.com/consumer_info/market_news/index.htm‡ Includes non-member data1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted

Source: The Canadian Real Estate Association; data for non-members in Quebec provided by QFREB’s Centris SystemNote: Due to changes in local market boundaries and data collection in the province of Quebec, local market and provincial totals for Quebec and Canada after 2002 are not directly comparable with earlier years.

Dollar Volume over MLS® Systems of Select Canadian Real Estate Boards & Associations

Dollar Volume*

Total1 Residentials.a.2 nsa3 s.a.2 nsa3

November 2013


percentage change


percentage change


percentage change


percentage change

Fraser Valley 1,192 1,230 -3.1 986 905 9.0 1,120 1,175 -4.7 920 840 9.5Vancouver 2,807 2,683 4.6 2,458 1,785 37.7 2,720 2,614 4.1 2,390 1,733 37.9Victoria 501 507 -1.2 412 366 12.6 471 476 -1.1 381 343 11.1Calgary 2,778 2,822 -1.6 2,275 1,936 17.5 2,662 2,657 0.2 2,173 1,831 18.7Edmonton 1,934 1,957 -1.2 1,464 1,286 13.8 1,720 1,735 -0.9 1,291 1,115 15.8Regina 342 307 11.4 268 237 13.1 328 299 9.7 259 228 13.6Saskatoon 512 501 2.2 405 371 9.2 501 493 1.6 389 347 12.1Winnipeg 1,128 1,127 0.1 863 847 1.9 1,050 1,054 -0.4 810 793 2.1Hamilton-Burlington 1,267 1,189 6.6 1,077 970 11.0 1,209 1,149 5.2 1,022 904 13.1Kitchener-Waterloo 589 579 1.7 508 548 -7.3 551 525 5.0 471 502 -6.2London and St Thomas 746 717 4.0 595 556 7.0 699 690 1.3 569 529 7.6Ottawa 1,199 1,231 -2.6 935 975 -4.1 1,164 1,188 -2.0 902 938 -3.8St. Catharines 185 234 -20.9 161 193 -16.6 170 229 -25.8 146 176 -17.0Sudbury 211 209 1.0 165 189 -12.7 187 181 3.3 147 176 -16.5Thunder Bay 208 199 4.5 171 152 12.5 197 179 10.1 156 132 18.2Toronto† 7,466 7,698 -3.0 6,391 5,793 10.3 7,516 7,687 -2.2 6,391 5,793 10.3Windsor-Essex 481 464 3.7 413 415 -0.5 447 431 3.7 372 372 0.0Trois Rivières CMA‡ 66 75 -12.0 53 73 -27.4 65 69 -5.8 49 63 -22.2Montreal CMA 3,212 3,178 1.1 2,754 2,755 0.0 3,110 3,070 1.3 2,629 2,613 0.6Gatineau CMA 317 301 5.3 248 281 -11.7 293 278 5.4 232 253 -8.3Quebec CMA 554 499 11.0 477 552 -13.6 533 471 13.2 457 516 -11.4Saguenay CMA 98 100 -2.0 71 97 -26.8 93 90 3.3 64 86 -25.6Sherbrooke CMA 127 159 -20.1 110 142 -22.5 118 149 -20.8 100 126 -20.6Saint John 159 144 10.4 142 137 3.6 139 121 14.9 123 120 2.5Halifax-Dartmouth 459 447 2.7 370 383 -3.4 430 424 1.4 343 362 -5.2Newfoundland & Labrador 395 419 -5.7 422 434 -2.8 367 372 -1.3 390 393 -0.8Canada 41,788 41,862 -0.2 34,843 33,004 5.6 39,177 39,227 -0.1 32,411 30,617 5.9

†Detailed data for the Toronto Real Estate Board (TREB) market area can be found at http://www.torontorealestateboard.com/consumer_info/market_news/index.htm‡ Includes non-member data1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


Sales Activity over MLS® Systems of Select Canadian Real Estate Boards & Associations

Sales Activity


November 2013


percentage change


percentage change


percentage change


percentage change

Fraser Valley 2,592 2,327 11.4 1,774 1,723 3.0 2,313 2,025 14.2 1,523 1,484 2.6Vancouver 5,297 5,042 5.1 3,582 3,081 16.3 5,097 4,835 5.4 3,347 2,843 17.7Victoria 1,093 1,063 2.8 698 706 -1.1 996 936 6.4 620 619 0.2Calgary 4,073 4,062 0.3 2,638 2,460 7.2 3,680 3,609 2.0 2,395 2,178 10.0Edmonton 2,990 2,964 0.9 1,949 2,062 -5.5 2,441 2,376 2.7 1,591 1,623 -2.0Regina 685 674 1.6 443 385 15.1 645 628 2.7 410 360 13.9Saskatoon 1,096 1,060 3.4 739 662 11.6 1,045 1,022 2.3 689 625 10.2Winnipeg 1,823 1,798 1.4 1,247 1,063 17.3 1,650 1,615 2.2 1,108 945 17.2Hamilton-Burlington 1,822 1,747 4.3 1,298 1,175 10.5 1,666 1,598 4.3 1,177 1,059 11.1Kitchener-Waterloo 1,178 1,153 2.2 867 815 6.4 962 956 0.6 665 664 0.2London and St Thomas 1,601 1,553 3.1 1,189 1,152 3.2 1,408 1,350 4.3 1,008 945 6.7Ottawa 2,566 2,685 -4.4 1,764 1,833 -3.8 2,460 2,545 -3.3 1,664 1,716 -3.0St. Catharines 405 403 0.5 327 331 -1.2 347 356 -2.5 269 282 -4.6Sudbury 474 515 -8.0 356 377 -5.6 374 383 -2.3 260 247 5.3Thunder Bay 284 318 -10.7 201 235 -14.5 234 260 -10.0 158 160 -1.3Toronto† 12,971 13,074 -0.8 9,345 9,838 -5.0 12,932 13,065 -1.0 9,345 9,838 -5.0Windsor-Essex 932 974 -4.3 746 830 -10.1 730 785 -7.0 582 676 -13.9Trois Rivières CMA‡ 204 197 3.6 188 165 13.9 177 174 1.7 166 139 19.4Montreal CMA 6,731 6,677 0.8 5,879 6,026 -2.4 6,317 6,285 0.5 5,453 5,616 -2.9Gatineau CMA 757 683 10.8 575 533 7.9 651 639 1.9 486 479 1.5Quebec CMA 1,119 1,116 0.3 986 1,034 -4.6 1,024 1,006 1.8 908 950 -4.4Saguenay CMA 195 261 -25.3 157 202 -22.3 195 205 -4.9 142 162 -12.3Sherbrooke CMA 302 314 -3.8 279 272 2.6 267 270 -1.1 233 235 -0.9Saint John 494 440 12.3 314 307 2.3 360 354 1.7 238 257 -7.4Halifax-Dartmouth 1,140 1,058 7.8 836 776 7.7 976 905 7.8 704 663 6.2Newfoundland & Labrador 1,112 1,106 0.5 904 832 8.7 951 875 8.7 753 690 9.1Canada 82,774 81,746 1.3 59,677 60,200 -0.9 73,303 72,011 1.8 52,031 52,029 0.0



New Listings over MLS® Systems of Select Canadian Real Estate Boards & Associations

New Listings


November 2013


percentage change


percentage change


percentage change


percentage change

Fraser Valley 529,745 494,282 7.2 507,395 442,203 14.7 540,272 496,681 8.8 519,967 441,988 17.6Vancouver 806,917 761,476 6.0 783,726 678,985 15.4 800,176 768,901 4.1 774,932 682,215 13.6Victoria 446,126 455,070 -2.0 440,721 496,665 -11.3 450,534 480,549 -6.2 454,703 491,326 -7.5Calgary 463,337 445,480 4.0 461,361 434,714 6.1 448,975 439,664 2.1 445,114 413,921 7.5Edmonton 354,449 343,596 3.2 354,361 344,165 3.0 346,053 339,270 2.0 339,703 331,526 2.5Regina 319,533 324,362 -1.5 311,288 311,367 0.0 313,277 319,983 -2.1 306,631 309,219 -0.8Saskatoon 341,571 349,437 -2.3 341,571 333,746 2.3 333,271 331,848 0.4 334,440 330,125 1.3Winnipeg 263,143 264,447 -0.5 254,126 254,828 -0.3 269,540 271,032 -0.6 261,832 263,786 -0.7Hamilton-Burlington 364,960 396,358 -7.9 370,211 381,383 -2.9 367,371 386,924 -5.1 368,947 369,201 -0.1Kitchener-Waterloo 314,214 327,699 -4.1 314,214 306,886 2.4 321,859 313,987 2.5 321,859 312,873 2.9London and St Thomas 266,451 242,087 10.1 263,849 244,217 8.0 251,077 239,281 4.9 247,826 237,500 4.3Ottawa 357,528 358,941 -0.4 353,556 342,726 3.2 361,320 365,374 -1.1 359,082 350,211 2.5St. Catharines 249,075 288,845 -13.8 249,075 227,489 9.5 268,628 282,696 -5.0 258,097 230,997 11.7Sudbury 233,043 218,576 6.6 232,510 230,591 0.8 243,515 230,450 5.7 239,221 236,683 1.1Thunder Bay 191,343 182,942 4.6 191,066 172,527 10.7 201,177 192,358 4.6 202,602 180,921 12.0Toronto† 542,921 534,646 1.5 538,881 485,328 11.0 540,844 534,383 1.2 538,881 485,328 11.0Windsor-Essex 186,873 191,482 -2.4 180,214 166,475 8.3 180,148 182,657 -1.4 172,624 164,969 4.6Trois Rivières CMA‡ 171,552 159,552 7.5 n/a n/a - 152,739 144,119 6.0 152,739 146,800 4.0Montreal CMA 320,564 335,287 -4.4 n/a n/a - 318,897 330,999 -3.7 320,693 326,850 -1.9Gatineau CMA 245,437 239,321 2.6 n/a n/a - 243,474 247,699 -1.7 243,239 239,021 1.8Quebec CMA 258,472 270,899 -4.6 n/a n/a - 264,479 264,543 0.0 261,123 260,260 0.3Saguenay CMA 197,466 191,693 3.0 n/a n/a - 194,512 205,310 -5.3 195,383 197,185 -0.9Sherbrooke CMA 225,137 236,160 -4.7 n/a n/a - 222,463 242,448 -8.2 218,022 216,154 0.9Saint John 170,306 139,289 22.3 170,306 168,334 1.2 170,126 153,697 10.7 170,126 168,623 0.9Halifax-Dartmouth 265,191 264,080 0.4 259,785 260,333 -0.2 272,053 272,876 -0.3 267,717 266,740 0.4Newfoundland & Labrador 275,050 271,790 1.2 271,169 258,967 4.7 284,816 279,823 1.8 282,123 274,485 2.8Canada 386,236 381,856 1.1 384,765 351,704 9.4 391,997 388,882 0.8 391,085 356,293 9.8

* Weighted residential average prices for Quebec (provided by Québec Federation of Real Estate Boards); does not affect weighted and unweighted national average price calculations. Information on Quebec's weighted average price calculation can be found at: http://www.fciq.ca/immobilier-statistiques-definitions.php†Detailed data for the Toronto Real Estate Board (TREB) market area can be found at http://www.torontorealestateboard.com/consumer_info/market_news/index.htm‡ Includes non-member data1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


Average Sale Price over MLS® Systems of Select Canadian Real Estate Boards & Associations

Average Price*


November 2013

Nov 2013 Oct 2013 monthly change Nov 2013 Nov 2012 year-over-year change Nov 2013 Oct 2013 monthly change Nov 2013 Nov 2012 year-over-year

change

Fraser Valley 46.0 52.9 -6.9 46.1 45.3 0.8 48.4 58.0 -9.6 49.1 47.5 1.6Vancouver 53.0 53.2 -0.2 49.1 42.2 6.9 53.4 54.1 -0.7 50.3 43.1 7.2Victoria 45.8 47.7 -1.9 46.4 40.8 5.6 47.3 50.9 -3.6 49.4 42.9 6.5Calgary 68.2 69.5 -1.3 65.6 58.6 7.0 72.3 73.6 -1.3 69.9 62.7 7.2Edmonton 64.7 66.0 -1.3 58.1 50.1 8.0 70.5 73.0 -2.5 64.7 56.2 8.5Regina 49.9 45.5 4.4 49.9 60.8 -10.9 50.9 47.6 3.3 51.2 63.2 -12.0Saskatoon 46.7 47.3 -0.6 47.6 51.9 -4.3 47.9 48.2 -0.3 49.0 53.4 -4.4Winnipeg 61.9 62.7 -0.8 63.4 70.0 -6.6 63.6 65.3 -1.7 66.6 73.2 -6.6Hamilton-Burlington 69.5 68.1 1.4 67.9 68.1 -0.2 72.6 71.9 0.7 70.9 71.1 -0.2Kitchener-Waterloo 50.0 50.2 -0.2 52.3 51.8 0.5 57.3 54.9 2.4 57.7 55.8 1.9London and St Thomas 46.6 46.2 0.4 45.0 46.6 -1.6 49.6 51.1 -1.5 49.5 51.0 -1.5Ottawa 46.7 45.8 0.9 45.9 50.2 -4.3 47.3 46.7 0.6 47.0 51.6 -4.6St. Catharines 45.7 58.1 -12.4 52.8 55.9 -3.1 49.0 64.3 -15.3 57.0 59.4 -2.4Sudbury 44.5 40.6 3.9 44.2 51.8 -7.6 50.0 47.3 2.7 51.5 60.0 -8.5Thunder Bay 73.2 62.6 10.6 64.0 66.6 -2.6 84.2 68.8 15.4 71.3 73.4 -2.1Toronto† 57.6 58.9 -1.3 56.2 55.9 0.3 58.1 58.8 -0.7 56.2 55.9 0.3Windsor-Essex 51.6 47.6 4.0 49.6 47.6 2.0 61.2 54.9 6.3 56.6 54.4 2.2Trois Rivières CMA‡ 32.4 38.1 -5.7 43.7 54.1 -10.4 36.7 39.7 -3.0 45.9 57.4 -11.5Montreal CMA 47.7 47.6 0.1 46.3 51.0 -4.7 49.2 48.8 0.4 47.5 52.4 -4.9Gatineau CMA 41.9 44.1 -2.2 42.6 48.9 -6.3 45.0 43.5 1.5 44.5 50.8 -6.3Quebec CMA 49.5 44.7 4.8 47.5 55.3 -7.8 52.1 46.8 5.3 49.4 57.8 -8.4Saguenay CMA 50.3 38.3 12.0 43.7 51.8 -8.1 47.7 43.9 3.8 46.0 57.6 -11.6Sherbrooke CMA 42.1 50.6 -8.5 46.8 49.9 -3.1 44.2 55.2 -11.0 49.5 51.8 -2.3Saint John 32.2 32.7 -0.5 32.0 32.7 -0.7 38.6 34.2 4.4 37.3 36.9 0.4Halifax-Dartmouth 40.3 42.2 -1.9 43.8 55.7 -11.9 44.1 46.9 -2.8 47.7 60.5 -12.8Newfoundland & Labrador 35.5 37.9 -2.4 38.0 44.9 -6.9 38.6 42.5 -3.9 43.0 50.5 -7.5Canada 50.5 51.2 -0.7 49.3 49.2 0.1 53.4 54.5 -1.1 52.5 52.4 0.1

*Actual (not seasonally adjusted) data for sales-to-new listings ratios are based on a 12-month moving average†Detailed data for the Toronto Real Estate Board (TREB) market area can be found at http://www.torontorealestateboard.com/consumer_info/market_news/index.htm‡ Includes non-member data1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


Sales as a Percentage of New Listings over MLS® Systems of Select Canadian Real Estate Boards & Associations

Sales as a Percentage of New Listings*


November 2013Year to date

Nov 2013 YTD Nov 2012 YTD percentage change Nov 2013 YTD Nov 2012 YTD percentage

change Nov 2013 YTD Nov 2012 YTD percentage change Nov 2013 YTD Nov 2012 YTD percentage

change

Fraser Valley 6,006.4 6,262.3 -4.1 6,240.3 6,410.3 -2.7 5,689.7 5,897.0 -3.5 5,928.1 6,052.7 -2.1Vancouver 20,312.8 17,669.3 15.0 21,142.8 18,232.7 16.0 19,804.3 17,200.7 15.1 20,690.4 17,775.6 16.4Victoria 2,561.6 2,525.5 1.4 2,665.4 2,612.2 2.0 2,472.6 2,434.9 1.5 2,583.5 2,518.2 2.6Calgary 12,869.0 11,000.6 17.0 13,439.6 11,412.4 17.8 11,916.3 10,033.8 18.8 12,447.7 10,417.8 19.5Edmonton 7,128.2 6,300.3 13.1 7,408.5 6,563.0 12.9 6,159.9 5,406.5 13.9 6,427.0 5,633.2 14.1Regina 1,127.4 1,147.9 -1.8 1,167.9 1,196.1 -2.4 1,052.5 1,092.3 -3.6 1,095.7 1,133.3 -3.3Saskatoon 1,757.7 1,656.1 6.1 1,824.4 1,720.3 6.1 1,690.7 1,582.2 6.9 1,759.5 1,646.6 6.9Winnipeg 3,041.8 2,923.8 4.0 3,175.4 3,049.5 4.1 2,935.8 2,810.0 4.5 3,065.8 2,939.6 4.3Hamilton-Burlington 4,974.4 4,578.9 8.6 5,213.4 4,763.7 9.4 4,687.2 4,328.4 8.3 4,915.8 4,499.9 9.2Kitchener-Waterloo 2,211.1 2,061.4 7.3 2,285.5 2,122.0 7.7 1,929.6 1,812.2 6.5 2,008.9 1,884.8 6.6London and St Thomas 1,952.5 1,960.1 -0.4 2,038.6 2,051.2 -0.6 1,819.3 1,804.2 0.8 1,900.2 1,895.8 0.2Ottawa 4,685.3 4,760.2 -1.6 4,894.9 4,967.6 -1.5 4,624.1 4,694.5 -1.5 4,831.7 4,900.2 -1.4St. Catharines 657.8 671.8 -2.1 690.0 695.4 -0.8 599.5 615.9 -2.7 635.3 638.2 -0.5Sudbury 552.4 593.7 -7.0 576.1 615.7 -6.4 519.2 554.7 -6.4 540.9 574.9 -5.9Thunder Bay 395.7 374.4 5.7 414.9 389.9 6.4 364.7 345.0 5.7 382.5 359.8 6.3Toronto† 42,434.7 40,646.0 4.4 44,493.5 42,221.4 5.4 42,416.1 40,655.3 4.3 44,493.5 42,221.4 5.4Windsor-Essex 966.0 875.1 10.4 1,001.6 907.7 10.3 881.2 802.1 9.9 911.4 832.4 9.5Trois Rivières CMA‡ 153.8 168.6 -8.8 156.8 172.9 -9.3 133.5 145.8 -8.5 137.0 150.8 -9.1Montreal CMA 11,348.7 12,530.4 -9.4 11,649.8 12,827.2 -9.2 10,761.8 11,789.1 -8.7 11,036.2 12,071.2 -8.6Gatineau CMA 828.0 888.1 -6.8 860.0 926.6 -7.2 789.2 841.6 -6.2 821.7 879.4 -6.6Quebec CMA 1,670.5 1,805.8 -7.5 1,691.1 1,865.6 -9.4 1,556.0 1,706.3 -8.8 1,579.4 1,767.0 -10.6Saguenay CMA 225.7 252.0 -10.5 226.1 268.5 -15.8 213.6 242.0 -11.8 214.6 256.9 -16.5Sherbrooke CMA 380.4 381.3 -0.2 390.8 410.4 -4.8 350.5 341.8 2.6 358.8 368.1 -2.5Saint John 279.5 287.4 -2.7 294.7 294.1 0.2 250.4 255.7 -2.1 262.8 262.6 0.1Halifax-Dartmouth 1,350.2 1,616.1 -16.5 1,403.3 1,677.1 -16.3 1,307.9 1,566.2 -16.5 1,358.1 1,626.2 -16.5Newfoundland & Labrador 1,207.9 1,193.0 1.3 1,190.7 1,204.8 -1.2 1,144.7 1,143.2 0.1 1,129.1 1,153.7 -2.1Canada 167,362.1 160,610.3 4.2 174,357.5 166,323.6 4.8 159,169.9 152,359.8 4.5 166,095.3 157,903.1 5.2

* in millions of dollars†Detailed data for the Toronto Real Estate Board (TREB) market area can be found at http://www.torontorealestateboard.com/consumer_info/market_news/index.htm‡ Includes non-member data1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


Dollar Volume over MLS® Systems of Select Canadian Real Estate Boards & Associations

Dollar Volume*





change

Fraser Valley 12,412 12,977 -4.4 12,810 13,275 -3.5 11,705 12,134 -3.5 12,080 12,481 -3.2Vancouver 26,744 24,035 11.3 27,649 24,918 11.0 26,046 23,537 10.7 26,995 24,274 11.2Victoria 5,452 5,310 2.7 5,643 5,464 3.3 5,181 5,032 3.0 5,369 5,202 3.2Calgary 28,697 25,693 11.7 29,868 26,560 12.5 27,360 24,460 11.9 28,490 25,291 12.6Edmonton 20,182 18,363 9.9 20,971 19,076 9.9 17,896 16,222 10.3 18,636 16,838 10.7Regina 3,474 3,773 -7.9 3,600 3,904 -7.8 3,368 3,653 -7.8 3,495 3,773 -7.4Saskatoon 5,232 5,193 0.8 5,433 5,341 1.7 5,095 5,038 1.1 5,296 5,158 2.7Winnipeg 11,788 11,919 -1.1 12,293 12,392 -0.8 11,054 11,066 -0.1 11,490 11,531 -0.4Hamilton-Burlington 12,844 12,550 2.3 13,362 13,005 2.7 12,275 12,012 2.2 12,782 12,460 2.6Kitchener-Waterloo 6,389 6,309 1.3 6,640 6,539 1.5 5,940 5,818 2.1 6,182 6,037 2.4London and St Thomas 7,719 7,959 -3.0 8,001 8,277 -3.3 7,394 7,561 -2.2 7,690 7,879 -2.4Ottawa 13,282 13,710 -3.1 13,828 14,277 -3.1 12,895 13,303 -3.1 13,434 13,869 -3.1St. Catharines 2,457 2,611 -5.9 2,571 2,691 -4.5 2,319 2,440 -5.0 2,437 2,514 -3.1Sudbury 2,343 2,534 -7.5 2,430 2,630 -7.6 2,113 2,305 -8.3 2,204 2,386 -7.6Thunder Bay 2,114 2,144 -1.4 2,209 2,221 -0.5 1,867 1,889 -1.2 1,954 1,963 -0.5Toronto† 81,358 81,579 -0.3 84,868 84,467 0.5 81,366 81,516 -0.2 84,868 84,467 0.5Windsor-Essex 5,231 5,026 4.1 5,425 5,198 4.4 4,900 4,672 4.9 5,074 4,840 4.8Trois Rivières CMA‡ 920 1,021 -9.9 930 1,062 -12.4 855 932 -8.3 870 976 -10.9Montreal CMA 35,189 38,450 -8.5 35,750 39,426 -9.3 33,928 37,023 -8.4 34,515 38,008 -9.2Gatineau CMA 3,458 3,710 -6.8 3,566 3,938 -9.4 3,281 3,506 -6.4 3,377 3,691 -8.5Quebec CMA 6,175 6,946 -11.1 6,262 7,221 -13.3 5,847 6,639 -11.9 5,936 6,889 -13.8Saguenay CMA 1,200 1,401 -14.3 1,223 1,509 -19.0 1,097 1,288 -14.8 1,124 1,388 -19.0Sherbrooke CMA 1,701 1,752 -2.9 1,738 1,930 -9.9 1,570 1,569 0.1 1,580 1,710 -7.6Saint John 1,699 1,763 -3.6 1,782 1,817 -1.9 1,462 1,508 -3.1 1,525 1,555 -1.9Halifax-Dartmouth 5,069 6,144 -17.5 5,245 6,367 -17.6 4,744 5,785 -18.0 4,936 6,005 -17.8Newfoundland & Labrador 4,385 4,673 -6.2 4,370 4,715 -7.3 4,021 4,269 -5.8 3,995 4,317 -7.5Canada 446,472 447,574 -0.2 462,541 462,896 -0.1 419,136 419,165 0.0 434,678 433,905 0.2



Sales Activity over MLS® Systems of Select Canadian Real Estate Boards & Associations

Sales Activity





change

Fraser Valley 27,005 28,714 -6.0 28,324 30,135 -6.0 23,902 25,784 -7.3 25,088 27,046 -7.2Vancouver 53,991 58,094 -7.1 57,268 61,362 -6.7 51,474 55,456 -7.2 54,533 58,573 -6.9Victoria 11,761 13,014 -9.6 12,357 13,701 -9.8 10,499 11,770 -10.8 11,041 12,419 -11.1Calgary 43,776 43,689 0.2 46,245 45,930 0.7 39,118 38,860 0.7 41,381 40,868 1.3Edmonton 34,504 36,736 -6.1 36,421 38,686 -5.9 27,511 28,951 -5.0 29,099 30,460 -4.5Regina 6,913 6,201 11.5 7,308 6,537 11.8 6,545 5,761 13.6 6,916 6,094 13.5Saskatoon 10,883 9,886 10.1 11,524 10,460 10.2 10,317 9,285 11.1 10,936 9,852 11.0Winnipeg 18,461 17,078 8.1 19,724 18,063 9.2 16,439 15,217 8.0 17,553 16,123 8.9Hamilton-Burlington 18,886 18,457 2.3 19,941 19,418 2.7 17,284 16,932 2.1 18,288 17,845 2.5Kitchener-Waterloo 12,226 12,296 -0.6 12,859 12,932 -0.6 10,309 10,551 -2.3 10,866 11,100 -2.1London and St Thomas 17,133 17,078 0.3 18,032 17,971 0.3 14,980 14,812 1.1 15,785 15,631 1.0Ottawa 28,892 27,397 5.5 30,634 29,071 5.4 27,353 25,874 5.7 29,065 27,503 5.7St. Catharines 4,626 4,587 0.9 4,869 4,860 0.2 4,062 4,047 0.4 4,269 4,284 -0.4Sudbury 5,264 4,859 8.3 5,535 5,117 8.2 4,085 3,815 7.1 4,300 4,020 7.0Thunder Bay 3,312 3,273 1.2 3,526 3,390 4.0 2,613 2,593 0.8 2,795 2,714 3.0Toronto† 144,040 146,618 -1.8 153,187 154,687 -1.0 144,049 146,585 -1.7 153,187 154,687 -1.0Windsor-Essex 10,516 10,572 -0.5 11,004 11,043 -0.4 8,626 8,625 0.0 9,023 9,014 0.1Trois Rivières CMA‡ 2,086 1,862 12.0 2,136 1,960 9.0 1,851 1,609 15.0 1,895 1,706 11.1Montreal CMA 75,669 75,748 -0.1 78,161 78,503 -0.4 71,228 70,845 0.5 73,558 73,559 0.0Gatineau CMA 8,047 7,554 6.5 8,415 8,159 3.1 7,351 6,898 6.6 7,638 7,361 3.8Quebec CMA 12,875 12,737 1.1 13,308 13,267 0.3 11,711 11,608 0.9 12,109 12,118 -0.1Saguenay CMA 2,686 2,692 -0.2 2,815 2,913 -3.4 2,368 2,193 8.0 2,491 2,412 3.3Sherbrooke CMA 3,546 3,533 0.4 3,689 3,966 -7.0 3,056 3,053 0.1 3,152 3,388 -7.0Saint John 5,312 5,333 -0.4 5,581 5,632 -0.9 3,901 4,050 -3.7 4,094 4,289 -4.5Halifax-Dartmouth 11,495 11,115 3.4 12,161 11,715 3.8 9,934 9,620 3.3 10,537 10,174 3.6Newfoundland & Labrador 11,436 10,371 10.3 12,021 10,976 9.5 9,269 8,469 9.4 9,711 8,969 8.3Canada 902,414 912,703 -1.1 949,639 958,853 -1.0 795,293 803,035 -1.0 837,758 844,524 -0.8



New Listings over MLS® Systems of Select Canadian Real Estate Boards & Associations

New Listings





change

Fraser Valley 484,287 479,962 0.9 487,144 482,888 0.9 488,366 482,777 1.2 490,735 484,950 1.2Vancouver 761,495 726,791 4.8 764,686 731,708 4.5 764,173 727,296 5.1 766,452 732,291 4.7Victoria 469,695 475,784 -1.3 472,344 478,066 -1.2 478,151 481,627 -0.7 481,189 484,075 -0.6Calgary 448,658 427,738 4.9 449,968 429,682 4.7 435,755 409,212 6.5 436,915 411,917 6.1Edmonton 351,629 342,215 2.8 353,272 344,046 2.7 342,456 331,871 3.2 344,872 334,553 3.1Regina 322,894 302,969 6.6 324,412 306,380 5.9 311,561 297,879 4.6 313,517 300,365 4.4Saskatoon 335,083 318,358 5.3 335,802 322,087 4.3 331,213 315,121 5.1 332,228 319,231 4.1Winnipeg 256,673 244,750 4.9 258,306 246,088 5.0 265,374 253,182 4.8 266,823 254,929 4.7Hamilton-Burlington 385,399 363,107 6.1 390,163 366,301 6.5 379,956 357,663 6.2 384,585 361,151 6.5Kitchener-Waterloo 342,880 325,436 5.4 344,200 324,515 6.1 324,137 312,245 3.8 324,966 312,209 4.1London and St Thomas 253,621 246,826 2.8 254,794 247,822 2.8 245,431 238,659 2.8 247,105 240,616 2.7Ottawa 350,544 345,647 1.4 353,985 347,948 1.7 356,500 351,099 1.5 359,658 353,323 1.8St. Catharines 268,308 256,882 4.4 268,391 258,418 3.9 259,339 252,193 2.8 260,673 253,840 2.7Sudbury 236,114 232,506 1.6 237,064 234,120 1.3 244,601 239,450 2.2 245,417 240,933 1.9Thunder Bay 185,968 171,680 8.3 187,801 175,572 7.0 193,259 178,696 8.1 195,728 183,293 6.8Toronto† 520,438 494,717 5.2 524,267 499,857 4.9 520,337 494,746 5.2 524,267 499,857 4.9Windsor-Essex 183,619 174,204 5.4 184,628 174,626 5.7 178,201 171,164 4.1 179,622 171,974 4.4Trois Rivières CMA‡ 167,815 161,969 3.6 n/a n/a - 157,503 155,030 1.6 159,356 156,448 1.9Montreal CMA 327,074 327,386 -0.1 n/a n/a - 326,068 326,906 -0.3 323,271 319,196 1.3Gatineau CMA 240,663 234,833 2.5 n/a n/a - 242,706 240,506 0.9 243,598 239,697 1.6Quebec CMA 269,889 258,476 4.4 n/a n/a - 268,013 259,133 3.4 268,084 257,621 4.1Saguenay CMA 184,960 177,080 4.4 n/a n/a - 192,810 187,112 3.0 191,820 186,060 3.1Sherbrooke CMA 226,517 215,827 5.0 n/a n/a - 229,133 219,357 4.5 222,032 212,862 4.3Saint John 164,108 161,823 1.4 165,395 161,834 2.2 170,792 168,983 1.1 172,312 168,848 2.1Halifax-Dartmouth 266,963 261,700 2.0 267,550 263,409 1.6 274,713 268,862 2.2 275,137 270,806 1.6Newfoundland & Labrador 274,269 256,291 7.0 272,463 255,518 6.6 284,888 268,071 6.3 282,625 267,251 5.8Canada 374,146 357,194 4.7 376,956 359,311 4.9 379,206 361,608 4.9 382,111 363,912 5.0

* Weighted residential average prices for Quebec (provided by Québec Federation of Real Estate Boards); does not affect weighted and unweighted national average price calculations. Information on Quebec's weighted average price calculation can be found at: http://www.fciq.ca/immobilier-statistiques-definitions.php†Detailed data for the Toronto Real Estate Board (TREB) market area can be found at http://www.torontorealestateboard.com/consumer_info/market_news/index.htm‡ Includes non-member data1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


Average Sale Price over MLS® Systems of Select Canadian Real Estate Boards & Associations

Average Price*



Nov 2013 YTD Nov 2012 YTD change Nov 2013 YTD Nov 2012 YTD change Nov 2013 YTD Nov 2012 YTD change Nov 2013 YTD Nov 2012 YTD change

Fraser Valley 46.0 45.2 0.8 45.2 44.1 1.1 49.0 47.1 1.9 48.2 46.1 2.1Vancouver 49.5 41.4 8.1 48.3 40.6 7.7 50.6 42.4 8.2 49.5 41.4 8.1Victoria 46.4 40.8 5.6 45.7 39.9 5.8 49.3 42.8 6.5 48.6 41.9 6.7Calgary 65.6 58.8 6.8 64.6 57.8 6.8 69.9 62.9 7.0 68.8 61.9 6.9Edmonton 58.5 50.0 8.5 57.6 49.3 8.3 65.1 56.0 9.1 64.0 55.3 8.7Regina 50.3 60.8 -10.5 49.3 59.7 -10.4 51.5 63.4 -11.9 50.5 61.9 -11.4Saskatoon 48.1 52.5 -4.4 47.1 51.1 -4.0 49.4 54.3 -4.9 48.4 52.4 -4.0Winnipeg 63.9 69.8 -5.9 62.3 68.6 -6.3 67.2 72.7 -5.5 65.5 71.5 -6.0Hamilton-Burlington 68.0 68.0 0.0 67.0 67.0 0.0 71.0 70.9 0.1 69.9 69.8 0.1Kitchener-Waterloo 52.3 51.3 1.0 51.6 50.6 1.0 57.6 55.1 2.5 56.9 54.4 2.5London and St Thomas 45.1 46.6 -1.5 44.4 46.1 -1.7 49.4 51.0 -1.6 48.7 50.4 -1.7Ottawa 46.0 50.0 -4.0 45.1 49.1 -4.0 47.1 51.4 -4.3 46.2 50.4 -4.2St. Catharines 53.1 56.9 -3.8 52.8 55.4 -2.6 57.1 60.3 -3.2 57.1 58.7 -1.6Sudbury 44.5 52.2 -7.7 43.9 51.4 -7.5 51.7 60.4 -8.7 51.3 59.4 -8.1Thunder Bay 63.8 65.5 -1.7 62.6 65.5 -2.9 71.5 72.8 -1.3 69.9 72.3 -2.4Toronto† 56.5 55.6 0.9 55.4 54.6 0.8 56.5 55.6 0.9 55.4 54.6 0.8Windsor-Essex 49.7 47.5 2.2 49.3 47.1 2.2 56.8 54.2 2.6 56.2 53.7 2.5Trois Rivières CMA‡ 44.1 54.8 -10.7 43.5 54.2 -10.7 46.2 57.9 -11.7 45.9 57.2 -11.3Montreal CMA 46.5 50.8 -4.3 45.7 50.2 -4.5 47.6 52.3 -4.7 46.9 51.7 -4.8Gatineau CMA 43.0 49.1 -6.1 42.4 48.3 -5.9 44.6 50.8 -6.2 44.2 50.1 -5.9Quebec CMA 48.0 54.5 -6.5 47.1 54.4 -7.3 49.9 57.2 -7.3 49.0 56.8 -7.8Saguenay CMA 44.7 52.0 -7.3 43.4 51.8 -8.4 46.3 58.7 -12.4 45.1 57.5 -12.4Sherbrooke CMA 48.0 49.6 -1.6 47.1 48.7 -1.6 51.4 51.4 0.0 50.1 50.5 -0.4Saint John 32.0 33.1 -1.1 31.9 32.3 -0.4 37.5 37.2 0.3 37.2 36.3 0.9Halifax-Dartmouth 44.1 55.3 -11.2 43.1 54.3 -11.2 47.8 60.1 -12.3 46.8 59.0 -12.2Newfoundland & Labrador 38.3 45.1 -6.8 36.4 43.0 -6.6 43.4 50.4 -7.0 41.1 48.1 -7.0Canada 49.5 49.0 0.5 48.7 48.3 0.4 52.7 52.2 0.5 51.9 51.4 0.5



Sales as a Percentage of New Listings over MLS® Systems of Select Canadian Real Estate Boards & Associations

Sales as a Percentage of New Listings


November 2013


percentage change


percentage change


percentage change


percentage change

British Columbia 3,870.7 3,624.6 6.8 3,232.8 2,375.1 36.1 3,665.0 3,493.6 4.9 3,061.1 2,250.6 36.0Alberta 2,468.7 2,457.2 0.5 1,962.0 1,656.4 18.5 2,237.7 2,219.8 0.8 1,757.7 1,476.4 19.1Saskatchewan 382.7 372.1 2.8 299.1 271.5 10.2 351.2 346.1 1.5 270.2 242.8 11.3Manitoba 329.4 327.0 0.7 247.7 243.9 1.6 316.5 313.4 1.0 239.5 234.9 2.0Ontario 7,128.1 7,171.4 -0.6 5,892.2 5,161.7 14.2 6,923.0 6,956.6 -0.5 5,698.4 4,967.8 14.7Quebec‡ 1,579.8 1,631.7 -3.2 1,415.3 1,532.8 -7.7 1,518.4 1,535.8 -1.1 1,314.1 1,395.1 -5.8New Brunswick 91.7 86.0 6.7 73.4 73.5 -0.2 85.8 77.3 11.0 68.5 67.9 0.9Nova Scotia 173.3 171.5 1.1 137.6 143.8 -4.3 162.8 160.3 1.5 126.6 134.8 -6.1Prince Edward Island 18.7 19.9 -6.1 18.6 24.6 -24.3 16.8 17.0 -1.4 15.9 18.5 -14.0Newfoundland & Labrador 111.4 114.7 -2.9 114.4 112.4 1.8 104.4 105.2 -0.8 110.0 107.9 2.0Northwest Territories 5.5 4.8 14.1 4.8 5.5 -13.1 5.6 5.0 11.5 4.8 5.5 -13.1Yukon 9.9 7.9 24.6 8.5 6.4 31.8 9.6 7.9 21.0 8.5 6.4 31.8Canada 16,170.0 15,988.9 1.1 13,406.4 11,607.6 15.5 15,396.7 15,238.2 1.0 12,675.4 10,908.6 16.2


percentage change


percentage change


percentage change


percentage change

British Columbia 7,043 6,916 1.8 5,957 5,056 17.8 6,519 6,499 0.3 5,490 4,680 17.3Alberta 6,204 6,324 -1.9 4,934 4,388 12.4 5,754 5,804 -0.9 4,563 4,034 13.1Saskatchewan 1,273 1,221 4.3 1,015 958 5.9 1,173 1,159 1.2 929 881 5.4Manitoba 1,287 1,273 1.1 999 983 1.6 1,203 1,183 1.7 937 925 1.3Ontario 17,682 17,816 -0.8 14,790 13,999 5.7 16,817 16,931 -0.7 13,958 13,220 5.6Quebec‡ 6,301 6,302 0.0 5,360 5,720 -6.3 5,925 5,895 0.5 4,961 5,246 -5.4New Brunswick 591 564 4.8 486 502 -3.2 535 486 10.1 437 431 1.4Nova Scotia 847 858 -1.3 713 741 -3.8 737 758 -2.8 603 646 -6.7Prince Edward Island 123 134 -8.2 129 188 -31.4 103 104 -1.0 105 126 -16.7Newfoundland & Labrador 395 419 -5.7 422 434 -2.8 367 372 -1.3 390 393 -0.8Northwest Territories 15 12 25.0 14 14 0.0 17 13 30.8 14 14 0.0Yukon 27 23 17.4 24 21 14.3 27 23 17.4 24 21 14.3Canada 41,788 41,862 -0.2 34,843 33,004 5.6 39,177 39,227 -0.1 32,411 30,617 5.9

* in millions of dollars‡ Includes member and non-member data1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


s.a.2 nsa3 s.a.2 nsa3

Sales Activity

Total1 Residential

Dollar Volume & Sales Activity over MLS® Systems of Canadian Real Estate Boards & Associations

Dollar Volume*

s.a.2 nsa3

ResidentialTotal1

s.a.2 nsa3

November 2013


percentage change


percentage change


percentage change


percentage change

British Columbia 14,722 13,907 5.9 9,845 9,971 -1.3 13,062 12,111 7.9 8,459 8,134 4.0Alberta 10,013 9,738 2.8 6,522 6,328 3.1 8,647 8,290 4.3 5,627 5,340 5.4Saskatchewan 2,681 2,686 -0.2 1,787 1,601 11.6 2,435 2,465 -1.2 1,578 1,440 9.6Manitoba 2,090 2,089 0.0 1,417 1,214 16.7 1,909 1,884 1.3 1,264 1,076 17.5Ontario 33,336 33,546 -0.6 23,774 24,515 -3.0 30,138 30,262 -0.4 21,156 21,803 -3.0Quebec‡ 14,263 14,270 0.0 12,315 12,619 -2.4 12,768 12,718 0.4 10,879 11,150 -2.4New Brunswick 1,629 1,615 0.9 1,110 1,125 -1.3 1,226 1,285 -4.6 836 918 -8.9Nova Scotia 2,374 2,222 6.8 1,662 1,645 1.0 1,793 1,732 3.5 1,242 1,238 0.3Prince Edward Island 491 511 -3.9 304 304 0.0 313 337 -7.1 202 200 1.0Newfoundland & Labrador 1,112 1,106 0.5 904 832 8.7 951 875 8.7 753 690 9.1Northwest Territories 20 16 25.0 13 10 30.0 20 16 25.0 13 10 30.0Yukon 43 40 7.5 24 36 -33.3 41 36 13.9 22 30 -26.7Canada 82,774 81,746 1.3 59,677 60,200 -0.9 73,303 72,011 1.8 52,031 52,029 0.0


percentage change


percentage change


percentage change


percentage change

British Columbia 552,309 529,032 4.4 542,690 469,760 15.5 566,770 543,597 4.3 557,586 480,891 15.9Alberta 397,913 386,642 2.9 397,651 377,483 5.3 387,737 380,740 1.8 385,217 365,999 5.3Saskatchewan 298,684 297,776 0.3 294,647 283,354 4.0 296,782 294,484 0.8 290,859 275,564 5.6Manitoba 255,279 257,117 -0.7 247,959 248,078 0.0 262,223 264,153 -0.7 255,636 253,995 0.6Ontario 403,825 402,791 0.3 398,389 368,720 8.0 413,850 411,614 0.5 408,251 375,777 8.6Quebec‡ 257,712 264,632 -2.6 n/a n/a - 263,949 270,870 -2.6 264,690 267,770 -1.2New Brunswick 153,702 151,105 1.7 150,987 146,422 3.1 160,169 160,576 -0.3 156,787 157,488 -0.4Nova Scotia 200,514 202,706 -1.1 193,031 194,041 -0.5 216,718 214,789 0.9 209,997 208,681 0.6Prince Edward Island 147,548 142,496 3.5 144,569 131,074 10.3 151,363 154,576 -2.1 151,363 146,646 3.2Newfoundland & Labrador 275,050 271,790 1.2 271,169 258,967 4.7 284,816 279,823 1.8 282,123 274,485 2.8Northwest Territories 341,343 402,000 -15.1 341,343 392,904 -13.1 341,343 402,000 -15.1 341,343 392,904 -13.1Yukon 365,876 358,821 2.0 353,498 306,590 15.3 365,759 360,125 1.6 353,498 306,590 15.3Canada 386,236 381,856 1.1 384,765 351,704 9.4 391,997 388,882 0.8 391,085 356,293 9.8

* Provincial weighted residential average price for Quebec (provided by Québec Federation of Real Estate Boards); does not affect weighted and unweighted national average price calculations. Information on Quebec's weighted average price calculation can be found at: http://www.fciq.ca/immobilier-statistiques-definitions.php‡ Includes member and non-member data1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


nsa3 s.a.2 nsa3

New Listings

New Listings and Average Sale Price over MLS® Systems of Canadian Real Estate Boards & Associations

Total1 Residentials.a.2

Average Price*


November 2013


change

British Columbia 47.8 49.7 -1.9 45.2 40.3 4.9 49.9 53.7 -3.8 48.7 43.1 5.6Alberta 62.0 64.9 -2.9 59.0 53.3 5.7 66.5 70.0 -3.5 64.1 58.4 5.7Saskatchewan 47.5 45.5 2.0 47.3 53.5 -6.2 48.2 47.0 1.2 49.1 55.8 -6.7Manitoba 61.6 60.9 0.7 62.3 69.4 -7.1 63.0 62.8 0.2 65.3 72.4 -7.1Ontario 53.0 53.1 -0.1 51.9 52.4 -0.5 55.8 55.9 -0.1 54.6 55.1 -0.5Quebec‡ 44.2 44.2 0.0 43.6 47.3 -3.7 46.4 46.4 0.0 45.8 49.8 -4.0New Brunswick 36.3 34.9 1.4 36.0 37.3 -1.3 43.6 37.8 5.8 41.1 42.0 -0.9Nova Scotia 35.7 38.6 -2.9 38.9 44.8 -5.9 41.1 43.8 -2.7 44.0 51.4 -7.4Prince Edward Island 25.1 26.2 -1.1 33.2 45.4 -12.2 32.9 30.9 2.0 40.7 51.5 -10.8Newfoundland & Labrador 35.5 37.9 -2.4 38.0 44.9 -6.9 38.6 42.5 -3.9 43.0 50.5 -7.5Northwest Territories 75.0 75.0 0.0 54.4 82.9 -28.5 85.0 81.3 3.7 54.7 85.2 -30.5Yukon 62.8 57.5 5.3 49.4 48.7 0.7 65.9 63.9 2.0 52.4 51.0 1.4Canada 50.5 51.2 -0.7 49.3 49.2 0.1 53.4 54.5 -1.1 52.5 52.4 0.1


change

British Columbia 6.8 6.9 -0.1 10.2 11.1 -0.8 7.3 7.3 0.0 8.4 9.1 -0.8Alberta 3.2 3.2 0.0 5.1 6.2 -1.2 3.5 3.5 0.0 3.9 4.8 -0.9Saskatchewan 6.1 6.5 -0.4 7.2 6.1 1.1 6.6 6.8 -0.2 6.4 5.3 1.1Manitoba 2.8 2.8 0.0 3.6 3.1 0.5 3.0 3.0 0.0 2.9 2.5 0.4Ontario 3.6 3.7 -0.1 5.0 4.9 0.1 3.8 3.9 -0.1 4.0 3.9 0.1Quebec‡ 11.5 11.4 0.1 13.4 11.3 2.1 12.2 12.2 0.0 11.8 9.9 2.0New Brunswick 10.8 11.3 -0.5 16.6 14.8 1.8 11.9 13.1 -1.2 12.1 10.9 1.2Nova Scotia 10.9 10.6 0.3 16.5 13.3 3.1 12.5 12.0 0.5 11.5 9.0 2.5Prince Edward Island 14.7 13.4 1.3 23.6 18.2 5.4 17.6 17.2 0.4 14.4 12.0 2.4Newfoundland & Labrador 7.5 7.0 0.5 10.5 8.7 1.8 8.1 7.9 0.2 7.8 6.4 1.4Northwest Territories 3.5 4.7 -1.2 4.6 2.4 2.3 3.1 4.3 -1.2 4.4 2.0 2.4Yukon 9.3 11.0 -1.7 13.2 10.9 2.3 9.3 11.0 -1.7 12.0 9.5 2.4Canada 5.7 5.7 0.0 7.7 7.5 0.2 6.0 6.0 0.0 6.3 6.1 0.2

*Actual (not seasonally adjusted) data for sales-to-new listings ratios and months of inventory are based on a 12-month moving average‡ Includes member and non-member data1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


Months of Inventory*


nsa3 s.a.2 nsa3

Months of Inventory and Sales as a Percentage of New Listings over MLS® Systems of Canadian Real Estate Boards & Associations

Sales as a Percentage of New

Listings*

Total1 Residentials.a.2




change

British Columbia 36,757.3 33,966.7 8.2 38,293.1 34,993.1 9.4 35,086.9 32,279.5 8.7 36,681.0 33,321.8 10.1Alberta 25,355.4 22,465.6 12.9 26,413.3 23,319.4 13.3 22,985.0 20,121.2 14.2 23,981.6 20,889.2 14.8Saskatchewan 3,865.4 3,792.9 1.9 4,009.7 3,940.9 1.7 3,571.1 3,518.2 1.5 3,723.3 3,653.4 1.9Manitoba 3,375.5 3,289.0 2.6 3,522.1 3,432.6 2.6 3,248.1 3,147.2 3.2 3,391.7 3,294.8 2.9Ontario 75,102.1 72,252.2 3.9 78,645.0 75,144.4 4.7 72,809.9 70,060.4 3.9 76,317.1 72,888.3 4.7Quebec‡ 18,338.2 19,908.6 -7.9 18,805.0 20,419.0 -7.9 17,215.3 18,621.2 -7.6 17,647.3 19,108.2 -7.6New Brunswick 1,011.4 1,033.3 -2.1 1,054.4 1,071.4 -1.6 929.3 953.8 -2.6 973.2 991.0 -1.8Nova Scotia 1,953.7 2,264.7 -13.7 2,026.3 2,347.8 -13.7 1,823.7 2,129.1 -14.3 1,891.0 2,208.7 -14.4Prince Edward Island 250.3 282.8 -11.5 249.3 286.7 -13.1 214.3 228.3 -6.1 213.5 233.0 -8.4Newfoundland & Labrador 1,207.9 1,193.0 1.3 1,190.7 1,204.8 -1.2 1,144.7 1,143.2 0.1 1,129.1 1,153.7 -2.1Northwest Territories 51.3 53.4 -3.8 53.9 54.4 -1.0 50.6 52.2 -3.0 53.6 54.2 -1.2Yukon 93.6 108.2 -13.5 94.9 109.1 -13.0 90.9 105.5 -13.8 93.1 106.7 -12.7Canada 167,362.1 160,610.3 4.2 174,357.5 166,323.6 4.8 159,169.9 152,359.8 4.5 166,095.3 157,903.1 5.2



change

British Columbia 70,627 67,286 5.0 73,205 69,335 5.6 65,995 62,605 5.4 68,510 64,626 6.0Alberta 65,324 60,188 8.5 67,925 62,343 9.0 60,478 55,519 8.9 62,945 57,514 9.4Saskatchewan 13,109 13,703 -4.3 13,610 14,140 -3.7 12,379 12,884 -3.9 12,874 13,281 -3.1Manitoba 13,460 13,789 -2.4 14,042 14,351 -2.2 12,623 12,835 -1.7 13,117 13,385 -2.0Ontario 190,645 191,470 -0.4 198,738 198,681 0.0 181,570 182,238 -0.4 189,428 189,226 0.1Quebec‡ 70,626 76,157 -7.3 71,780 78,364 -8.4 66,183 71,321 -7.2 67,358 73,448 -8.3New Brunswick 6,560 6,807 -3.6 6,806 7,053 -3.5 5,757 5,910 -2.6 5,980 6,134 -2.5Nova Scotia 9,587 10,954 -12.5 9,911 11,342 -12.6 8,363 9,634 -13.2 8,688 9,989 -13.0Prince Edward Island 1,744 2,105 -17.1 1,732 2,117 -18.2 1,365 1,513 -9.8 1,365 1,537 -11.2Newfoundland & Labrador 4,385 4,673 -6.2 4,370 4,715 -7.3 4,021 4,269 -5.8 3,995 4,317 -7.5Northwest Territories 130 134 -3.0 138 138 0.0 128 136 -5.9 137 137 0.0Yukon 275 308 -10.7 284 317 -10.4 274 301 -9.0 281 311 -9.6Canada 446,472 447,574 -0.2 462,541 462,896 -0.1 419,136 419,165 0.0 434,678 433,905 0.2

* in millions of dollars‡ Includes member and non-member data1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


Sales Activity


Dollar Volume & Sales Activity over MLS® Systems of Canadian Real Estate Boards & Associations

Dollar Volume*





change

British Columbia 155,557 167,985 -7.4 163,899 176,953 -7.4 135,048 146,501 -7.8 142,276 154,412 -7.9Alberta 110,556 112,836 -2.0 116,570 118,474 -1.6 94,264 95,013 -0.8 99,569 99,813 -0.2Saskatchewan 27,522 25,455 8.1 29,085 26,875 8.2 25,021 22,905 9.2 26,506 24,223 9.4Manitoba 21,434 19,954 7.4 22,889 21,071 8.6 19,146 17,842 7.3 20,422 18,876 8.2Ontario 366,367 365,953 0.1 387,708 386,148 0.4 331,826 331,612 0.1 351,719 350,294 0.4Quebec‡ 160,934 162,101 -0.7 166,225 167,737 -0.9 143,748 144,211 -0.3 148,497 149,436 -0.6New Brunswick 18,138 18,174 -0.2 19,041 19,204 -0.8 13,995 14,059 -0.5 14,680 14,841 -1.1Nova Scotia 24,647 24,484 0.7 26,003 25,711 1.1 18,996 18,742 1.4 20,151 19,765 2.0Prince Edward Island 5,043 4,596 9.7 5,367 4,867 10.3 3,238 2,933 10.4 3,437 3,107 10.6Newfoundland & Labrador 11,436 10,371 10.3 12,021 10,976 9.5 9,269 8,469 9.4 9,711 8,969 8.3Northwest Territories 233 155 50.3 254 165 53.9 232 150 54.7 251 161 55.9Yukon 547 639 -14.4 577 672 -14.1 510 598 -14.7 539 627 -14.0Canada 902,414 912,703 -1.1 949,639 958,853 -1.0 795,293 803,035 -1.0 837,758 844,524 -0.8



change

British Columbia 522,625 503,129 3.9 523,094 504,696 3.6 534,673 513,839 4.1 535,411 515,611 3.8Alberta 388,069 372,728 4.1 388,860 374,050 4.0 379,502 361,122 5.1 380,994 363,202 4.9Saskatchewan 294,115 276,793 6.3 294,612 278,705 5.7 287,736 272,436 5.6 289,208 275,086 5.1Manitoba 249,297 237,822 4.8 250,824 239,191 4.9 257,093 244,401 5.2 258,569 246,154 5.0Ontario 392,763 374,425 4.9 395,722 378,216 4.6 399,759 381,118 4.9 402,882 385,192 4.6Quebec‡ 261,989 260,675 0.5 n/a n/a - 270,065 271,603 -0.6 267,095 262,792 1.6New Brunswick 153,102 150,300 1.9 154,920 151,909 2.0 160,659 159,440 0.8 162,742 161,566 0.7Nova Scotia 204,076 205,519 -0.7 204,446 206,999 -1.2 216,779 219,033 -1.0 217,652 221,111 -1.6Prince Edward Island 143,050 135,094 5.9 143,923 135,440 6.3 156,025 151,449 3.0 156,420 151,623 3.2Newfoundland & Labrador 274,269 256,291 7.0 272,463 255,518 6.6 284,888 268,071 6.3 282,625 267,251 5.8Northwest Territories 389,791 391,856 -0.5 390,456 394,237 -1.0 389,522 392,490 -0.8 390,934 395,764 -1.2Yukon 334,026 343,617 -2.8 334,002 344,125 -2.9 329,919 343,616 -4.0 331,269 342,984 -3.4Canada 374,146 357,194 4.7 376,956 359,311 4.9 379,206 361,608 4.9 382,111 363,912 5.0

* Provincial weighted residential average price for Quebec (provided by Québec Federation of Real Estate Boards); does not affect weighted and unweighted national average price calculations. Information on Quebec's weighted average price calculation can be found at: http://www.fciq.ca/immobilier-statistiques-definitions.php‡ Includes member and non-member data1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


Average Price*


New Listings and Average Sale Price over MLS® Systems of Canadian Real Estate Boards & Associations

New Listings




British Columbia 45.4 40.1 5.3 44.7 39.2 5.5 48.9 42.7 6.2 48.2 41.9 6.3Alberta 59.1 53.3 5.8 58.3 52.6 5.7 64.2 58.4 5.8 63.2 57.6 5.6Saskatchewan 47.6 53.8 -6.2 46.8 52.6 -5.8 49.5 56.2 -6.7 48.6 54.8 -6.2Manitoba 62.8 69.1 -6.3 61.3 68.1 -6.8 65.9 71.9 -6.0 64.2 70.9 -6.7Ontario 52.0 52.3 -0.3 51.3 51.5 -0.2 54.7 55.0 -0.3 53.9 54.0 -0.1Quebec‡ 43.9 47.0 -3.1 43.2 46.7 -3.5 46.0 49.5 -3.5 45.4 49.2 -3.8New Brunswick 36.2 37.5 -1.3 35.7 36.7 -1.0 41.1 42.0 -0.9 40.7 41.3 -0.6Nova Scotia 38.9 44.7 -5.8 38.1 44.1 -6.0 44.0 51.4 -7.4 43.1 50.5 -7.4Prince Edward Island 34.6 45.8 -11.2 32.3 43.5 -11.2 42.2 51.6 -9.4 39.7 49.5 -9.8Newfoundland & Labrador 38.3 45.1 -6.8 36.4 43.0 -6.6 43.4 50.4 -7.0 41.1 48.1 -7.0Northwest Territories 55.8 86.5 -30.7 54.3 83.6 -29.3 55.2 90.7 -35.5 54.6 85.1 -30.5Yukon 50.3 48.2 2.1 49.2 47.2 2.0 53.7 50.3 3.4 52.1 49.6 2.5Canada 49.5 49.0 0.5 48.7 48.3 0.4 52.7 52.2 0.5 51.9 51.4 0.5


British Columbia 7.7 8.6 -0.9 10.0 11.0 -1.0 8.3 9.2 -0.9 8.1 9.1 -1.0Alberta 3.6 4.4 -0.8 4.9 6.1 -1.2 3.9 4.8 -0.9 3.8 4.7 -0.9Saskatchewan 6.0 5.0 1.0 7.1 6.0 1.1 6.4 5.3 1.1 6.3 5.3 1.0Manitoba 2.7 2.4 0.3 3.5 3.1 0.4 2.9 2.6 0.3 2.9 2.5 0.4Ontario 3.8 3.8 0.0 4.9 4.8 0.1 4.0 3.9 0.1 4.0 3.9 0.1Quebec‡ 11.0 9.3 1.7 13.2 11.2 2.0 11.7 10.0 1.7 11.6 9.8 1.8New Brunswick 10.6 9.5 1.1 16.2 14.7 1.5 12.1 10.9 1.2 11.9 10.8 1.1Nova Scotia 10.1 8.0 2.1 16.2 13.1 3.1 11.6 9.0 2.6 11.4 8.9 2.5Prince Edward Island 10.9 8.6 2.3 23.5 18.4 5.1 13.9 12.0 1.9 14.3 12.1 2.2Newfoundland & Labrador 7.0 5.9 1.1 10.7 8.9 1.8 7.7 6.4 1.3 7.9 6.5 1.4Northwest Territories 4.5 1.9 2.6 4.5 2.3 2.2 4.6 1.9 2.7 4.3 2.0 2.3Yukon 11.4 9.4 2.0 12.6 11.0 1.6 11.5 9.6 1.9 11.4 9.6 1.8Canada 5.9 5.7 0.2 7.5 7.4 0.1 6.3 6.1 0.2 6.2 6.0 0.2

‡ Includes member and non-member data1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


Months of Inventory


Months of Inventory and Sales as a Percentage of New Listings over MLS® Systems of Canadian Real Estate Boards & Associations

Sales as a Percentage of New

Listings


Documents

The Canadian Real Estate Association News Release · 2013-12-16 · News Release The Canadian Real Estate Association The trademars MLS ®, Multiple Listing Service and the associated