The Canadian Real Estate Association News Release · The trademars MLS ®, Multiple Listing Service and the associated logos are owned by The Canadian eal state Association (CA) and

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 declined in October 2013.

Highlights: • National home sales declined by 3.2% from September to October.• Actual (not seasonally adjusted) activity came in 8.3% above levels in October 2012.• The number of newly listed homes declined by 0.8% from September to October.• The Canadian housing market remains in balanced territory.• The national average sale price rose 8.5% on a year-over-year basis in October.• The MLS® Home Price Index (HPI) rose 3.5% year-over-year in October.

The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations and other co-operative listing systems fell 3.2 per cent on a month-over-month basis in October 2013. The decline returned activity back to near where it stood last June and July.

“October’s lower activity provides early evidence confirming that sales in the later summer and early fall were boosted by homebuyers with pre-approved mortgages at lower than current interest rates jumping into the market before their pre-approvals expired,” said Gregory Klump, CREA’s Chief Economist. “Now that interest rates appear to be going nowhere fast, sales activity in the near term may be held in check by homebuyers who are in less of a hurry to purchase. While the Finance Minister will no doubt continue to keep a close eye on Canadian housing markets for signs of overheating as interest rates remain low, October sales results may provide him with reassurance that tightened mortgage regulations and lending guidelines are working as intended.”

Sales were down in a little over half of all local markets, including Greater Vancouver, the Fraser Valley, Greater Toronto, Hamilton-Burlington, and Montreal. The monthly decline in activity among these markets offset increased activity in a handful of less active major urban centres.

October’s seasonally adjusted sales figure stood slightly above (0.9 per cent) the average for monthly sales over the past 10 years (Chart A).

Actual (not seasonally adjusted) activity posted an 8.3 per cent year-over-year gain in October. Sales were up on a year-over-year basis in just over half of all local markets, once again led by gains in Greater Vancouver, Calgary, Edmonton, and Greater Toronto.

On an actual (not seasonally adjusted) basis, a total of 402,299 homes have traded hands across the country so far this year. That stands just 0.2 per cent below levels recorded in the first 10 months of 2012.

Canadian home sales fall back in OctoberOttawa, ON, November 15, 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



Despite considerable monthly sales volatility in recent years, annual sales remain remarkably stable. With just two lower volume months left to go this year, sales for the year-to-date in October stand broadly in line with activity over the same period in each of the past five years and well off the peak reached in 2007 (Chart B).

The number of newly listed homes declined by 0.8 per cent on a month-over-month basis in October, with a fairly even split between the number of markets where new supply fell and the number where it remained stable or increased.

With the monthly decline in sales having outstripped the dip in new listings, the national sales-to-new listings ratio fell to 54.6 per cent in October compared to 55.9 per cent in September. This remains well within balanced market territory, which has been the case since early 2010.

Based on a sales-to-new listings ratio of between 40 to 60 per cent, about two thirds of all local markets were in balanced market territory in October.

“A majority of local markets across the country are still seeing a healthy balance between buyers and sellers coupled with modest price growth,” said CREA President Laura Leyser. “Even so, there are some markets in the Prairies and in parts of southwestern Ontario where competition among buyers has increased, while parts of Quebec and some areas in the Maritimes have been seeing increasing competition among sellers. 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.”

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 October, up from 5.9 months one month earlier, which was the first increase since February. However, as with the sales-to-new listings ratio, the current level for months of inventory indicates that the Canadian housing market remains well balanced.

The actual (not seasonally adjusted) national average price for homes sold in October 2013 was $391,820, an increase of 8.5 per cent from the same month last year. The size of


Chart B


Chart C



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.

If Greater Toronto, Greater Vancouver, and Calgary are removed from national average price calculations, the year-over-year increase shrinks to 4.9 per cent. The MLS® Home Price Index (MLS® HPI) provides a better gauge of price trends, since it is not affected by changes in the mix of sales activity the way that average price is.

The Aggregate Composite MLS® HPI (Chart C) rose 3.52 per cent compared to October 2012. Year-over-year price growth picked up among all property types tracked by the index, led by one-storey single family homes (+4.19 per cent). This was followed by two-storey single family homes (+3.88 per cent), townhouse/row units (+3.28 per cent) and apartment units (+2.05 per cent).

Year-over-year price growth in the MLS® HPI was mixed across housing markets tracked by the index, led by Calgary (+8.17 per cent) and Greater Toronto (+4.54 per cent). Although the prices remained below year-ago levels in Greater Vancouver, Victoria, Vancouver Island, and Regina, October marked the smallest year-over-year decline in 2013 (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: October 2013

1 month ago

3 months ago

6 months ago

12 months ago 3 years ago 5 years ago

Aggregate 161.8 0.19 0.31 1.44 3.52 12.99 19.50

Lower Mainland 152.7 -0.26 -0.26 0.33 -0.39 5.67 10.17

Greater Vancouver 157.5 -0.19 -0.19 0.57 -0.51 6.28 13.23

Fraser Valley 142.6 -0.56 -0.42 -0.21 0.00 4.55 3.56

Vancouver Island 146 0.27 -0.82 0.07 -0.68 -4.33 -5.44

Victoria 138 -0.07 -0.86 -1.29 -2.40 -6.63 -4.70

Calgary 194.7 0.83 1.51 3.56 8.17 17.43 11.96

Regina 283.4 -0.07 0.57 -0.56 -0.74 18.93 30.90

Saskatoon 234.3 0.26 1.21 2.36 4.93 11.47 13.02

Greater Toronto 156.6 0.32 0.38 1.69 4.54 19.72 33.05

Ottawa 147.5 -0.47 -1.07 -0.41 0.68 7.82 21.10

Greater Montreal 155.2 0.00 0.00 0.71 2.44 8.99 20.59

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









October 2013

Oct 2013 Sep 2013monthly

percentage change

Oct 2013 Oct 2012year-over-year

percentage change


percentage change


percentage change

Fraser Valley 618.5 612.1 1.0 603.2 497.3 21.3 592.6 593.1 -0.1 577.6 468.8 23.2Vancouver 2,009.2 2,288.2 -12.2 2,127.4 1,508.5 41.0 1,984.2 2,218.8 -10.6 2,092.4 1,451.4 44.2Victoria 243.8 248.1 -1.7 234.9 183.7 27.9 229.3 245.9 -6.7 222.7 159.7 39.4Calgary 1,251.5 1,254.5 -0.2 1,180.0 955.1 23.5 1,164.8 1,173.4 -0.7 1,094.9 881.0 24.3Edmonton 686.8 707.7 -3.0 655.3 517.8 26.6 590.6 619.8 -4.7 559.2 447.6 24.9Regina 102.9 108.2 -5.0 100.3 98.1 2.2 97.3 103.7 -6.1 97.9 92.9 5.4Saskatoon 175.2 164.1 6.8 179.6 158.8 13.1 165.0 157.9 4.5 164.9 145.3 13.5Winnipeg 296.6 276.7 7.2 316.8 281.9 12.4 285.4 267.6 6.6 304.0 270.3 12.5Hamilton-Burlington 474.2 509.3 -6.9 479.7 423.1 13.4 448.9 482.4 -6.9 444.9 387.3 14.9Kitchener-Waterloo 204.0 185.5 10.0 179.3 158.5 13.1 168.9 171.7 -1.6 155.7 152.8 1.9London and St Thomas 174.7 176.6 -1.1 166.5 167.0 -0.3 165.0 166.1 -0.7 157.6 154.7 1.8Ottawa 446.8 440.6 1.4 412.1 385.3 7.0 437.4 436.1 0.3 401.0 379.6 5.7St. Catharines 67.8 68.8 -1.4 64.1 59.3 8.2 63.6 61.9 2.6 63.5 53.8 17.9Sudbury 46.1 57.7 -20.1 44.8 49.0 -8.5 42.6 53.8 -20.8 41.2 43.8 -5.9Thunder Bay 36.5 35.7 2.3 39.2 42.3 -7.5 33.9 33.3 1.8 35.9 40.5 -11.2Toronto† 4,108.0 4,308.5 -4.7 4,312.5 3,472.0 24.2 4,108.1 4,302.7 -4.5 4,312.5 3,472.0 24.2Windsor-Essex 89.2 89.5 -0.3 97.5 81.8 19.2 79.9 83.7 -4.6 84.2 72.6 16.0Trois Rivières CMA‡ 11.7 14.6 -19.8 10.7 13.7 -22.1 9.6 12.4 -22.6 8.4 11.4 -25.6Montreal CMA 1,034.0 1,035.3 -0.1 960.4 953.5 0.7 979.4 984.3 -0.5 899.7 898.3 0.2Gatineau CMA 69.5 78.5 -11.5 61.5 66.9 -8.1 69.5 76.4 -9.1 58.8 60.1 -2.2Quebec CMA 136.1 151.8 -10.3 133.1 158.5 -16.0 129.2 138.2 -6.5 120.6 149.8 -19.5Saguenay CMA 19.0 17.2 10.8 16.1 20.9 -23.1 17.8 18.2 -2.2 14.3 20.5 -30.2Sherbrooke CMA 36.6 34.7 5.5 36.8 36.8 -0.1 36.0 33.6 7.2 33.9 31.1 9.0Saint John 20.3 25.9 -21.6 22.0 28.9 -23.8 18.5 22.4 -17.3 19.8 24.4 -18.8Halifax-Dartmouth 117.5 120.2 -2.3 108.9 125.0 -12.9 115.1 116.5 -1.2 105.3 121.9 -13.6Newfoundland & Labrador 115.4 107.3 7.6 142.6 126.0 13.2 105.8 100.1 5.7 127.7 121.1 5.5Canada 16,007.0 16,594.2 -3.5 16,113.8 13,783.8 16.9 15,262.2 15,810.6 -3.5 15,296.3 13,015.3 17.5

* 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

October 2013


percentage change


percentage change


percentage change


percentage change

Fraser Valley 1,238 1,301 -4.8 1,249 1,053 18.6 1,185 1,245 -4.8 1,183 984 20.2Vancouver 2,660 2,915 -8.7 2,763 2,029 36.2 2,581 2,872 -10.1 2,698 1,970 37.0Victoria 510 548 -6.9 512 373 37.3 478 525 -9.0 470 344 36.6Calgary 2,824 2,795 1.0 2,696 2,215 21.7 2,656 2,663 -0.3 2,510 2,104 19.3Edmonton 1,964 1,985 -1.1 1,924 1,522 26.4 1,742 1,769 -1.5 1,682 1,365 23.2Regina 305 328 -7.0 316 327 -3.4 298 319 -6.6 309 312 -1.0Saskatoon 500 479 4.4 514 459 12.0 491 468 4.9 497 444 11.9Winnipeg 1,126 1,082 4.1 1,196 1,118 7.0 1,053 1,010 4.3 1,118 1,042 7.3Hamilton-Burlington 1,192 1,288 -7.5 1,207 1,108 8.9 1,143 1,236 -7.5 1,157 1,054 9.8Kitchener-Waterloo 578 569 1.6 547 539 1.5 523 530 -1.3 496 506 -2.0London and St Thomas 713 687 3.8 681 669 1.8 688 665 3.5 654 640 2.2Ottawa 1,232 1,254 -1.8 1,157 1,126 2.8 1,187 1,218 -2.5 1,104 1,092 1.1St. Catharines 242 247 -2.0 222 229 -3.1 238 233 2.1 220 210 4.8Sudbury 209 256 -18.4 213 221 -3.6 181 233 -22.3 185 193 -4.1Thunder Bay 197 198 -0.5 220 237 -7.2 177 177 0.0 191 219 -12.8Toronto† 7,695 8,099 -5.0 8,000 6,896 16.0 7,685 8,082 -4.9 8,000 6,896 16.0Windsor-Essex 459 495 -7.3 491 476 3.2 430 463 -7.1 455 427 6.6Trois Rivières CMA‡ 73 88 -17.0 67 86 -22.1 69 78 -11.5 59 74 -20.3Montreal CMA 3,191 3,254 -1.9 2,805 2,895 -3.1 3,074 3,149 -2.4 2,684 2,773 -3.2Gatineau CMA 303 335 -9.6 264 290 -9.0 281 316 -11.1 243 255 -4.7Quebec CMA 502 560 -10.4 495 612 -19.1 472 521 -9.4 453 575 -21.2Saguenay CMA 101 97 4.1 84 116 -27.6 91 91 0.0 72 111 -35.1Sherbrooke CMA 162 155 4.5 146 151 -3.3 150 143 4.9 130 133 -2.3Saint John 143 149 -4.0 158 175 -9.7 120 127 -5.5 129 149 -13.4Halifax-Dartmouth 448 457 -2.0 426 500 -14.8 428 434 -1.4 397 465 -14.6Newfoundland & Labrador 420 385 9.1 544 485 12.2 373 357 4.5 469 444 5.6Canada 41,901 43,067 -2.7 42,030 38,640 8.8 39,235 40,545 -3.2 39,039 36,031 8.3

†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


October 2013


percentage change


percentage change


percentage change


percentage change

Fraser Valley 2,301 2,388 -3.6 2,336 2,522 -7.4 2,029 2,129 -4.7 1,993 2,227 -10.5Vancouver 4,955 4,897 1.2 4,708 4,716 -0.2 4,746 4,666 1.7 4,487 4,451 0.8Victoria 1,054 1,045 0.9 979 1,068 -8.3 926 926 0.0 844 959 -12.0Calgary 4,046 3,949 2.5 3,716 3,394 9.5 3,597 3,552 1.3 3,318 3,030 9.5Edmonton 2,957 3,094 -4.4 2,587 2,964 -12.7 2,374 2,474 -4.0 2,102 2,300 -8.6Regina 675 643 5.0 600 509 17.9 630 617 2.1 557 455 22.4Saskatoon 1,066 1,062 0.4 1,040 890 16.9 1,026 1,015 1.1 977 829 17.9Winnipeg 1,791 1,771 1.1 1,719 1,520 13.1 1,611 1,603 0.5 1,529 1,367 11.9Hamilton-Burlington 1,748 1,828 -4.4 1,730 1,631 6.1 1,598 1,667 -4.1 1,581 1,485 6.5Kitchener-Waterloo 1,151 1,159 -0.7 1,154 1,084 6.5 955 985 -3.0 938 923 1.6London and St Thomas 1,553 1,537 1.0 1,540 1,566 -1.7 1,348 1,348 0.0 1,322 1,350 -2.1Ottawa 2,694 2,595 3.8 2,508 2,392 4.8 2,550 2,431 4.9 2,349 2,205 6.5St. Catharines 408 416 -1.9 387 371 4.3 359 374 -4.0 335 332 0.9Sudbury 517 491 5.3 480 409 17.4 385 377 2.1 359 319 12.5Thunder Bay 318 311 2.3 305 288 5.9 261 244 7.0 245 213 15.0Toronto† 13,087 13,092 0.0 13,110 13,054 0.4 13,073 13,082 -0.1 13,110 13,054 0.4Windsor-Essex 976 909 7.4 961 923 4.1 787 779 1.0 774 747 3.6Trois Rivières CMA‡ 193 185 4.3 190 152 25.0 173 165 4.8 163 135 20.7Montreal CMA 6,679 6,720 -0.6 7,038 7,223 -2.6 6,282 6,299 -0.3 6,582 6,760 -2.6Gatineau CMA 684 754 -9.3 646 659 -2.0 641 676 -5.2 590 586 0.7Quebec CMA 1,120 1,156 -3.1 1,232 1,283 -4.0 1,007 1,039 -3.1 1,093 1,159 -5.7Saguenay CMA 261 251 4.0 239 213 12.2 205 240 -14.6 194 197 -1.5Sherbrooke CMA 316 332 -4.8 324 353 -8.2 271 278 -2.5 276 311 -11.3Saint John 440 470 -6.4 385 384 0.3 355 344 3.2 310 303 2.3Halifax-Dartmouth 1,050 1,080 -2.8 934 877 6.5 898 936 -4.1 785 780 0.6Newfoundland & Labrador 1,105 1,054 4.8 1,080 957 12.9 874 831 5.2 866 789 9.8Canada 81,641 82,336 -0.8 78,077 78,654 -0.7 71,876 72,473 -0.8 68,585 69,044 -0.7



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

New Listings


October 2013


percentage change


percentage change


percentage change


percentage change

Fraser Valley 489,108 480,769 1.7 482,951 472,240 2.3 493,555 492,790 0.2 488,209 476,400 2.5Vancouver 767,822 790,074 -2.8 769,947 743,477 3.6 771,653 790,483 -2.4 775,542 736,732 5.3Victoria 463,409 476,814 -2.8 458,853 492,456 -6.8 483,082 487,409 -0.9 473,820 464,360 2.0Calgary 444,893 449,388 -1.0 437,670 431,180 1.5 438,329 436,547 0.4 436,216 418,721 4.2Edmonton 343,752 351,713 -2.3 340,585 340,192 0.1 339,945 346,882 -2.0 332,461 327,880 1.4Regina 325,026 327,691 -0.8 317,296 300,032 5.8 320,708 322,350 -0.5 316,810 297,688 6.4Saskatoon 349,437 340,361 2.7 349,437 346,024 1.0 332,116 335,406 -1.0 331,750 327,182 1.4Winnipeg 264,363 256,135 3.2 264,848 252,106 5.1 271,209 264,577 2.5 271,946 259,433 4.8Hamilton-Burlington 396,879 394,517 0.6 397,403 381,869 4.1 387,846 390,823 -0.8 384,534 367,490 4.6Kitchener-Waterloo 327,699 330,914 -1.0 327,699 294,101 11.4 313,987 316,162 -0.7 313,987 302,027 4.0London and St Thomas 242,133 259,392 -6.7 244,426 249,659 -2.1 239,824 250,082 -4.1 240,964 241,790 -0.3Ottawa 358,670 351,162 2.1 356,195 342,217 4.1 365,540 356,573 2.5 363,240 347,581 4.5St. Catharines 288,845 280,958 2.8 288,845 258,796 11.6 281,110 263,696 6.6 288,557 256,324 12.6Sudbury 218,382 232,110 -5.9 210,522 221,869 -5.1 232,069 236,581 -1.9 222,542 226,744 -1.9Thunder Bay 182,934 179,549 1.9 177,981 178,535 -0.3 192,416 188,982 1.8 188,217 184,892 1.8Toronto† 533,952 535,886 -0.4 539,058 503,479 7.1 533,832 536,161 -0.4 539,058 503,479 7.1Windsor-Essex 190,196 183,482 3.7 198,581 171,916 15.5 182,725 180,618 1.2 185,157 170,103 8.9Trois Rivières CMA‡ 159,260 168,318 -5.4 n/a n/a - 144,079 155,402 -7.3 144,079 152,384 -5.5Montreal CMA 334,951 323,595 3.5 n/a n/a - 331,262 321,379 3.1 333,610 325,499 2.5Gatineau CMA 238,976 243,005 -1.7 n/a n/a - 247,579 246,053 0.6 244,341 235,253 3.9Quebec CMA 271,965 278,392 -2.3 n/a n/a - 265,236 268,003 -1.0 263,803 260,721 1.2Saguenay CMA 191,777 168,495 13.8 n/a n/a - 207,600 191,362 8.5 202,014 184,804 9.3Sherbrooke CMA 236,614 242,009 -2.2 n/a n/a - 243,362 249,583 -2.5 254,610 234,449 8.6Saint John 139,289 169,022 -17.6 139,289 165,036 -15.6 153,697 173,240 -11.3 153,697 163,963 -6.3Halifax-Dartmouth 264,270 269,325 -1.9 255,596 250,069 2.2 273,156 276,116 -1.1 265,339 262,061 1.3Newfoundland & Labrador 272,005 275,665 -1.3 262,042 259,699 0.9 279,835 276,209 1.3 272,267 272,639 -0.1Canada 381,821 387,242 -1.4 383,388 356,724 7.5 388,277 392,634 -1.1 391,820 361,224 8.5

* 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*


October 2013

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

change

Fraser Valley 53.8 54.5 -0.7 46.0 45.7 0.3 58.4 58.5 -0.1 48.9 47.9 1.0Vancouver 53.7 59.5 -5.8 48.3 42.9 5.4 54.4 61.6 -7.2 49.6 43.8 5.8Victoria 48.4 52.4 -4.0 46.0 41.3 4.7 51.6 56.7 -5.1 49.1 43.3 5.8Calgary 69.8 70.8 -1.0 65.1 57.9 7.2 73.8 75.0 -1.2 69.5 62.0 7.5Edmonton 66.4 64.2 2.2 57.4 50.0 7.4 73.4 71.5 1.9 64.0 56.0 8.0Regina 45.2 51.0 -5.8 49.9 62.2 -12.3 47.3 51.7 -4.4 51.1 64.6 -13.5Saskatoon 46.9 45.1 1.8 47.6 51.9 -4.3 47.9 46.1 1.8 48.9 53.6 -4.7Winnipeg 62.9 61.1 1.8 63.9 70.3 -6.4 65.4 63.0 2.4 67.1 73.5 -6.4Hamilton-Burlington 68.2 70.5 -2.3 67.7 68.2 -0.5 71.5 74.1 -2.6 70.7 71.4 -0.7Kitchener-Waterloo 50.2 49.1 1.1 52.9 51.4 1.5 54.8 53.8 1.0 58.0 55.4 2.6London and St Thomas 45.9 44.7 1.2 44.9 46.6 -1.7 51.0 49.3 1.7 49.5 51.0 -1.5Ottawa 45.7 48.3 -2.6 45.9 50.9 -5.0 46.5 50.1 -3.6 47.1 52.3 -5.2St. Catharines 59.3 59.4 -0.1 53.4 55.2 -1.8 66.3 62.3 4.0 57.5 59.1 -1.6Sudbury 40.4 52.1 -11.7 44.4 52.4 -8.0 47.0 61.8 -14.8 52.3 59.8 -7.5Thunder Bay 61.9 63.7 -1.8 62.9 68.3 -5.4 67.8 72.5 -4.7 70.4 74.6 -4.2Toronto† 58.8 61.9 -3.1 55.7 56.7 -1.0 58.8 61.8 -3.0 55.7 56.7 -1.0Windsor-Essex 47.0 54.5 -7.5 49.3 47.2 2.1 54.6 59.4 -4.8 56.1 54.0 2.1Trois Rivières CMA‡ 37.8 47.6 -9.8 45.1 54.4 -9.3 39.9 47.3 -7.4 47.3 57.5 -10.2Montreal CMA 47.8 48.4 -0.6 46.2 51.6 -5.4 48.9 50.0 -1.1 47.4 53.1 -5.7Gatineau CMA 44.3 44.4 -0.1 43.2 49.0 -5.8 43.8 46.7 -2.9 44.8 51.1 -6.3Quebec CMA 44.8 48.4 -3.6 47.9 55.5 -7.6 46.9 50.1 -3.2 49.7 58.2 -8.5Saguenay CMA 38.7 38.6 0.1 43.9 53.0 -9.1 44.4 37.9 6.5 46.5 58.7 -12.2Sherbrooke CMA 51.3 46.7 4.6 47.7 49.4 -1.7 55.4 51.4 4.0 50.3 51.0 -0.7Saint John 32.5 31.7 0.8 32.0 32.9 -0.9 33.8 36.9 -3.1 37.0 36.8 0.2Halifax-Dartmouth 42.7 42.3 0.4 44.2 58.1 -13.9 47.7 46.4 1.3 48.0 63.0 -15.0Newfoundland & Labrador 38.0 36.5 1.5 38.3 45.6 -7.3 42.7 43.0 -0.3 43.3 51.3 -8.0Canada 51.3 52.3 -1.0 49.1 49.5 -0.4 54.6 55.9 -1.3 52.3 52.7 -0.4

*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*


October 2013Year to date

Oct 2013 YTD Oct 2012 YTD percentage change Oct 2013 YTD Oct 2012 YTD percentage

change Oct 2013 YTD Oct 2012 YTD percentage change Oct 2013 YTD Oct 2012 YTD percentage

change

Fraser Valley 5,385.4 5,781.1 -6.8 5,740.0 6,010.1 -4.5 5,096.9 5,453.3 -6.5 5,449.7 5,681.4 -4.1Vancouver 18,061.8 16,289.5 10.9 19,216.4 17,020.7 12.9 17,652.8 15,850.0 11.4 18,838.3 16,593.4 13.5Victoria 2,342.4 2,320.9 0.9 2,483.9 2,430.4 2.2 2,262.5 2,244.7 0.8 2,410.3 2,349.6 2.6Calgary 11,569.5 9,976.9 16.0 12,390.0 10,570.8 17.2 10,706.0 9,121.1 17.4 11,480.5 9,659.9 18.8Edmonton 6,442.8 5,734.8 12.3 6,889.7 6,120.4 12.6 5,567.5 4,926.0 13.0 5,988.5 5,263.5 13.8Regina 1,016.5 1,055.2 -3.7 1,084.5 1,122.3 -3.4 947.1 1,005.0 -5.8 1,016.3 1,062.8 -4.4Saskatoon 1,578.6 1,506.0 4.8 1,686.1 1,596.4 5.6 1,520.9 1,440.4 5.6 1,629.4 1,532.0 6.4Winnipeg 2,745.2 2,646.1 3.7 2,956.0 2,833.7 4.3 2,651.3 2,539.9 4.4 2,853.7 2,730.4 4.5Hamilton-Burlington 4,503.4 4,168.7 8.0 4,814.6 4,393.8 9.6 4,232.9 3,944.2 7.3 4,538.7 4,166.2 8.9Kitchener-Waterloo 2,016.7 1,876.7 7.5 2,125.9 1,953.8 8.8 1,748.7 1,637.8 6.8 1,857.3 1,727.7 7.5London and St Thomas 1,758.2 1,800.4 -2.3 1,881.6 1,915.4 -1.8 1,639.9 1,655.0 -0.9 1,759.2 1,770.2 -0.6Ottawa 4,253.0 4,337.5 -1.9 4,564.3 4,633.5 -1.5 4,200.1 4,277.3 -1.8 4,507.8 4,571.7 -1.4St. Catharines 613.1 621.8 -1.4 649.9 651.5 -0.2 554.8 569.7 -2.6 597.6 597.5 0.0Sudbury 503.3 543.3 -7.4 537.7 572.2 -6.0 473.3 506.8 -6.6 505.7 533.2 -5.2Thunder Bay 353.9 341.5 3.6 382.2 363.7 5.1 324.3 314.1 3.3 350.8 335.9 4.4Toronto† 38,357.8 37,381.2 2.6 41,049.5 39,409.9 4.2 38,335.9 37,382.8 2.5 41,049.5 39,409.9 4.2Windsor-Essex 872.6 796.4 9.6 927.2 838.6 10.6 799.4 730.8 9.4 847.2 771.0 9.9Trois Rivières CMA‡ 142.3 154.1 -7.6 147.9 161.7 -8.5 123.7 133.8 -7.5 129.7 141.5 -8.3Montreal CMA 10,353.6 11,513.1 -10.1 10,746.4 11,884.7 -9.6 9,806.7 10,832.0 -9.5 10,193.4 11,204.1 -9.0Gatineau CMA 754.8 810.7 -6.9 798.8 860.0 -7.1 718.6 767.9 -6.4 766.3 819.3 -6.5Quebec CMA 1,530.7 1,649.1 -7.2 1,568.0 1,719.3 -8.8 1,418.8 1,559.5 -9.0 1,460.9 1,632.4 -10.5Saguenay CMA 207.7 231.5 -10.3 212.3 250.1 -15.1 197.3 222.8 -11.5 202.4 240.0 -15.7Sherbrooke CMA 353.8 347.5 1.8 366.4 378.4 -3.2 325.6 312.6 4.2 337.0 340.8 -1.1Saint John 253.7 263.4 -3.7 270.6 271.0 -0.2 226.7 233.5 -2.9 241.8 242.3 -0.2Halifax-Dartmouth 1,226.4 1,486.7 -17.5 1,307.2 1,577.4 -17.1 1,189.6 1,439.7 -17.4 1,266.3 1,529.6 -17.2Newfoundland & Labrador 1,097.2 1,089.4 0.7 1,076.2 1,092.4 -1.5 1,041.0 1,042.1 -0.1 1,019.1 1,045.9 -2.6Canada 151,210.2 147,076.5 2.8 160,960.1 154,715.9 4.0 143,797.2 139,538.6 3.1 153,428.1 146,994.4 4.4

* 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 11,228 11,973 -6.2 11,824 12,370 -4.4 10,595 11,176 -5.2 11,160 11,641 -4.1Vancouver 23,914 22,082 8.3 25,191 23,133 8.9 23,293 21,655 7.6 24,605 22,541 9.2Victoria 4,954 4,896 1.2 5,231 5,098 2.6 4,712 4,637 1.6 4,988 4,859 2.7Calgary 25,921 23,395 10.8 27,593 24,624 12.1 24,697 22,283 10.8 26,317 23,460 12.2Edmonton 18,255 16,747 9.0 19,507 17,790 9.7 16,183 14,821 9.2 17,345 15,723 10.3Regina 3,130 3,491 -10.3 3,332 3,667 -9.1 3,039 3,382 -10.1 3,236 3,545 -8.7Saskatoon 4,719 4,747 -0.6 5,028 4,970 1.2 4,592 4,609 -0.4 4,907 4,811 2.0Winnipeg 10,659 10,849 -1.8 11,430 11,545 -1.0 10,003 10,068 -0.6 10,680 10,738 -0.5Hamilton-Burlington 11,580 11,453 1.1 12,285 12,035 2.1 11,060 10,978 0.7 11,760 11,556 1.8Kitchener-Waterloo 5,799 5,703 1.7 6,132 5,991 2.4 5,387 5,261 2.4 5,711 5,535 3.2London and St Thomas 6,969 7,296 -4.5 7,406 7,721 -4.1 6,693 6,943 -3.6 7,121 7,350 -3.1Ottawa 12,084 12,492 -3.3 12,893 13,302 -3.1 11,730 12,127 -3.3 12,532 12,931 -3.1St. Catharines 2,280 2,390 -4.6 2,410 2,498 -3.5 2,158 2,237 -3.5 2,291 2,338 -2.0Sudbury 2,132 2,317 -8.0 2,265 2,441 -7.2 1,926 2,108 -8.6 2,057 2,210 -6.9Thunder Bay 1,904 1,964 -3.1 2,038 2,069 -1.5 1,668 1,725 -3.3 1,798 1,831 -1.8Toronto† 73,889 74,892 -1.3 78,477 78,674 -0.3 73,848 74,859 -1.4 78,477 78,674 -0.3Windsor-Essex 4,745 4,567 3.9 5,012 4,783 4.8 4,452 4,251 4.7 4,702 4,468 5.2Trois Rivières CMA‡ 852 933 -8.7 879 989 -11.1 790 855 -7.6 823 913 -9.9Montreal CMA 31,990 35,334 -9.5 33,010 36,671 -10.0 30,822 34,034 -9.4 31,898 35,395 -9.9Gatineau CMA 3,143 3,376 -6.9 3,320 3,657 -9.2 2,991 3,197 -6.4 3,147 3,438 -8.5Quebec CMA 5,624 6,343 -11.3 5,790 6,669 -13.2 5,315 6,068 -12.4 5,482 6,373 -14.0Saguenay CMA 1,103 1,294 -14.8 1,153 1,412 -18.3 1,005 1,190 -15.5 1,061 1,302 -18.5Sherbrooke CMA 1,577 1,600 -1.4 1,628 1,788 -8.9 1,453 1,432 1.5 1,480 1,584 -6.6Saint John 1,539 1,612 -4.5 1,640 1,680 -2.4 1,322 1,374 -3.8 1,402 1,435 -2.3Halifax-Dartmouth 4,611 5,680 -18.8 4,875 5,984 -18.5 4,318 5,345 -19.2 4,593 5,643 -18.6Newfoundland & Labrador 3,991 4,281 -6.8 3,948 4,281 -7.8 3,655 3,912 -6.6 3,605 3,924 -8.1Canada 404,723 409,511 -1.2 427,739 429,892 -0.5 379,967 383,630 -1.0 402,299 403,288 -0.2



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

Sales Activity





change

Fraser Valley 24,387 26,241 -7.1 26,550 28,412 -6.6 21,593 23,551 -8.3 23,565 25,562 -7.8Vancouver 48,607 53,189 -8.6 53,686 58,281 -7.9 46,288 50,809 -8.9 51,186 55,730 -8.2Victoria 10,659 11,908 -10.5 11,659 12,995 -10.3 9,493 10,762 -11.8 10,421 11,800 -11.7Calgary 39,687 39,993 -0.8 43,607 43,470 0.3 35,426 35,595 -0.5 38,986 38,690 0.8Edmonton 31,507 33,724 -6.6 34,472 36,624 -5.9 25,068 26,602 -5.8 27,508 28,837 -4.6Regina 6,229 5,604 11.2 6,865 6,152 11.6 5,902 5,216 13.2 6,506 5,734 13.5Saskatoon 9,793 8,937 9.6 10,785 9,798 10.1 9,276 8,378 10.7 10,247 9,227 11.1Winnipeg 16,631 15,503 7.3 18,477 17,000 8.7 14,785 13,811 7.1 16,445 15,178 8.3Hamilton-Burlington 17,065 16,854 1.3 18,643 18,243 2.2 15,618 15,473 0.9 17,111 16,786 1.9Kitchener-Waterloo 11,046 11,184 -1.2 11,992 12,117 -1.0 9,346 9,605 -2.7 10,201 10,436 -2.3London and St Thomas 15,532 15,586 -0.3 16,843 16,819 0.1 13,570 13,535 0.3 14,777 14,686 0.6Ottawa 26,335 24,889 5.8 28,870 27,238 6.0 24,898 23,473 6.1 27,401 25,787 6.3St. Catharines 4,226 4,186 1.0 4,542 4,529 0.3 3,718 3,701 0.5 4,000 4,002 0.0Sudbury 4,792 4,414 8.6 5,179 4,740 9.3 3,713 3,502 6.0 4,040 3,773 7.1Thunder Bay 3,028 2,953 2.5 3,325 3,155 5.4 2,380 2,364 0.7 2,637 2,554 3.2Toronto† 131,082 133,327 -1.7 143,842 144,849 -0.7 131,125 133,291 -1.6 143,842 144,849 -0.7Windsor-Essex 9,586 9,578 0.1 10,258 10,213 0.4 7,898 7,833 0.8 8,441 8,338 1.2Trois Rivières CMA‡ 1,878 1,688 11.3 1,948 1,795 8.5 1,673 1,461 14.5 1,729 1,567 10.3Montreal CMA 68,940 68,975 -0.1 72,294 72,477 -0.3 64,908 64,490 0.6 68,120 67,943 0.3Gatineau CMA 7,291 6,884 5.9 7,844 7,626 2.9 6,702 6,301 6.4 7,155 6,882 4.0Quebec CMA 11,760 11,611 1.3 12,322 12,233 0.7 10,688 10,572 1.1 11,201 11,168 0.3Saguenay CMA 2,491 2,456 1.4 2,658 2,711 -2.0 2,173 1,999 8.7 2,349 2,250 4.4Sherbrooke CMA 3,246 3,248 -0.1 3,410 3,694 -7.7 2,790 2,805 -0.5 2,918 3,153 -7.5Saint John 4,818 4,867 -1.0 5,267 5,325 -1.1 3,542 3,666 -3.4 3,856 4,032 -4.4Halifax-Dartmouth 10,347 10,047 3.0 11,325 10,939 3.5 8,951 8,694 3.0 9,833 9,511 3.4Newfoundland & Labrador 10,323 9,347 10.4 11,117 10,144 9.6 8,317 7,612 9.3 8,958 8,279 8.2Canada 819,535 831,132 -1.4 889,980 898,653 -1.0 721,855 731,474 -1.3 785,744 792,495 -0.9



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

New Listings





change

Fraser Valley 478,897 481,375 -0.5 485,455 485,864 -0.1 482,538 484,640 -0.4 488,326 488,050 0.1Vancouver 756,869 728,613 3.9 762,829 735,776 3.7 760,267 728,953 4.3 765,629 736,141 4.0Victoria 472,929 474,205 -0.3 474,834 476,731 -0.4 481,170 481,601 -0.1 483,212 483,564 -0.1Calgary 447,021 426,806 4.7 449,028 429,287 4.6 434,187 408,376 6.3 436,238 411,761 5.9Edmonton 351,344 341,938 2.8 353,190 344,037 2.7 342,145 331,298 3.3 345,257 334,767 3.1Regina 323,325 301,726 7.2 325,468 306,058 6.3 311,444 296,543 5.0 314,068 299,796 4.8Saskatoon 334,376 316,912 5.5 335,337 321,217 4.4 331,017 313,775 5.5 332,053 318,445 4.3Winnipeg 255,978 242,808 5.4 258,621 245,446 5.4 264,955 251,262 5.4 267,201 254,274 5.1Hamilton-Burlington 387,692 361,871 7.1 391,912 365,085 7.3 381,423 356,697 6.9 385,944 360,521 7.1Kitchener-Waterloo 345,795 327,407 5.6 346,685 326,128 6.3 324,374 312,178 3.9 325,222 312,149 4.2London and St Thomas 252,259 246,661 2.3 254,066 248,082 2.4 244,899 238,417 2.7 247,047 240,840 2.6Ottawa 349,824 345,399 1.3 354,016 348,330 1.6 356,038 350,932 1.5 359,700 353,549 1.7St. Catharines 269,940 259,599 4.0 269,681 260,808 3.4 258,529 253,655 1.9 260,838 255,560 2.1Sudbury 236,399 232,668 1.6 237,396 234,393 1.3 244,859 239,262 2.3 245,860 241,272 1.9Thunder Bay 185,384 171,401 8.2 187,527 175,796 6.7 192,331 178,510 7.7 195,132 183,464 6.4Toronto† 518,093 495,140 4.6 523,076 500,927 4.4 518,193 495,335 4.6 523,076 500,927 4.4Windsor-Essex 183,157 174,805 4.8 184,992 175,333 5.5 178,012 171,232 4.0 180,176 172,557 4.4Trois Rivières CMA‡ 167,520 162,710 3.0 n/a n/a - 157,891 155,793 1.3 159,356 156,448 1.9Montreal CMA 327,698 326,936 0.2 n/a n/a - 326,819 326,567 0.1 323,271 319,196 1.3Gatineau CMA 240,147 234,618 2.4 n/a n/a - 242,624 240,485 0.9 243,598 239,697 1.6Quebec CMA 271,109 258,045 5.1 n/a n/a - 268,428 258,691 3.8 268,084 257,621 4.1Saguenay CMA 183,862 176,043 4.4 n/a n/a - 192,872 186,203 3.6 191,820 186,060 3.1Sherbrooke CMA 226,693 214,791 5.5 n/a n/a - 229,778 219,749 4.6 222,032 212,862 4.3Saint John 163,484 161,213 1.4 164,970 161,304 2.3 170,875 169,018 1.1 172,503 168,867 2.2Halifax-Dartmouth 267,157 261,450 2.2 268,139 263,606 1.7 275,004 268,779 2.3 275,691 271,067 1.7Newfoundland & Labrador 274,213 255,783 7.2 272,602 255,169 6.8 284,895 267,228 6.6 282,679 266,527 6.1Canada 372,895 357,447 4.3 376,305 359,895 4.6 377,825 361,914 4.4 381,378 364,490 4.6

* 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*



Oct 2013 YTD Oct 2012 YTD change Oct 2013 YTD Oct 2012 YTD change Oct 2013 YTD Oct 2012 YTD change Oct 2013 YTD Oct 2012 YTD change

Fraser Valley 46.0 45.6 0.4 44.5 43.5 1.0 49.1 47.5 1.6 47.4 45.5 1.9Vancouver 49.2 41.5 7.7 46.9 39.7 7.2 50.3 42.6 7.7 48.1 40.4 7.7Victoria 46.5 41.1 5.4 44.9 39.2 5.7 49.6 43.1 6.5 47.9 41.2 6.7Calgary 65.3 58.5 6.8 63.3 56.6 6.7 69.7 62.6 7.1 67.5 60.6 6.9Edmonton 57.9 49.7 8.2 56.6 48.6 8.0 64.6 55.7 8.9 63.1 54.5 8.6Regina 50.2 62.3 -12.1 48.5 59.6 -11.1 51.5 64.8 -13.3 49.7 61.8 -12.1Saskatoon 48.2 53.1 -4.9 46.6 50.7 -4.1 49.5 55.0 -5.5 47.9 52.1 -4.2Winnipeg 64.1 70.0 -5.9 61.9 67.9 -6.0 67.7 72.9 -5.2 64.9 70.7 -5.8Hamilton-Burlington 67.9 68.0 -0.1 65.9 66.0 -0.1 70.8 70.9 -0.1 68.7 68.8 -0.1Kitchener-Waterloo 52.5 51.0 1.5 51.1 49.4 1.7 57.6 54.8 2.8 56.0 53.0 3.0London and St Thomas 44.9 46.8 -1.9 44.0 45.9 -1.9 49.3 51.3 -2.0 48.2 50.0 -1.8Ottawa 45.9 50.2 -4.3 44.7 48.8 -4.1 47.1 51.7 -4.6 45.7 50.1 -4.4St. Catharines 54.0 57.1 -3.1 53.1 55.2 -2.1 58.0 60.4 -2.4 57.3 58.4 -1.1Sudbury 44.5 52.5 -8.0 43.7 51.5 -7.8 51.9 60.2 -8.3 50.9 58.6 -7.7Thunder Bay 62.9 66.5 -3.6 61.3 65.6 -4.3 70.1 73.0 -2.9 68.2 71.7 -3.5Toronto† 56.4 56.2 0.2 54.6 54.3 0.3 56.3 56.2 0.1 54.6 54.3 0.3Windsor-Essex 49.5 47.7 1.8 48.9 46.8 2.1 56.4 54.3 2.1 55.7 53.6 2.1Trois Rivières CMA‡ 45.4 55.3 -9.9 45.1 55.1 -10.0 47.2 58.5 -11.3 47.6 58.3 -10.7Montreal CMA 46.4 51.2 -4.8 45.7 50.6 -4.9 47.5 52.8 -5.3 46.8 52.1 -5.3Gatineau CMA 43.1 49.0 -5.9 42.3 48.0 -5.7 44.6 50.7 -6.1 44.0 50.0 -6.0Quebec CMA 47.8 54.6 -6.8 47.0 54.5 -7.5 49.7 57.4 -7.7 48.9 57.1 -8.2Saguenay CMA 44.3 52.7 -8.4 43.4 52.1 -8.7 46.2 59.5 -13.3 45.2 57.9 -12.7Sherbrooke CMA 48.6 49.3 -0.7 47.7 48.4 -0.7 52.1 51.1 1.0 50.7 50.2 0.5Saint John 31.9 33.1 -1.2 31.1 31.5 -0.4 37.3 37.5 -0.2 36.4 35.6 0.8Halifax-Dartmouth 44.6 56.5 -11.9 43.0 54.7 -11.7 48.2 61.5 -13.3 46.7 59.3 -12.6Newfoundland & Labrador 38.7 45.8 -7.1 35.5 42.2 -6.7 43.9 51.4 -7.5 40.2 47.4 -7.2Canada 49.4 49.3 0.1 48.1 47.8 0.3 52.6 52.4 0.2 51.2 50.9 0.3



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

Sales as a Percentage of New Listings


October 2013


percentage change


percentage change


percentage change


percentage change

British Columbia 3,629.7 3,949.2 -8.1 3,754.5 2,861.9 31.2 3,503.3 3,768.9 -7.0 3,606.3 2,681.7 34.5Alberta 2,457.7 2,492.6 -1.4 2,347.9 1,928.9 21.7 2,218.7 2,271.2 -2.3 2,107.1 1,749.3 20.5Saskatchewan 370.7 367.6 0.8 368.7 358.6 2.8 345.9 339.3 1.9 342.4 315.0 8.7Manitoba 326.1 305.9 6.6 346.9 311.6 11.3 312.6 293.2 6.6 332.0 297.9 11.5Ontario 7,173.4 7,398.2 -3.0 7,316.1 6,285.6 16.4 6,953.9 7,188.8 -3.3 7,086.2 6,076.8 16.6Quebec‡ 1,643.7 1,677.7 -2.0 1,555.8 1,597.4 -2.6 1,553.0 1,575.6 -1.4 1,436.9 1,482.0 -3.0New Brunswick 85.9 89.8 -4.3 82.1 94.0 -12.7 77.3 83.0 -6.8 74.0 85.2 -13.2Nova Scotia 171.3 174.5 -1.8 165.6 182.3 -9.1 161.3 163.2 -1.1 153.4 173.4 -11.6Prince Edward Island 20.3 21.3 -4.5 21.8 25.3 -13.8 17.5 16.5 6.1 18.4 21.3 -13.7Newfoundland & Labrador 115.4 107.3 7.6 142.6 126.0 13.2 105.8 100.1 5.7 127.7 121.1 5.5Northwest Territories 4.8 5.2 -8.4 4.4 3.6 24.2 4.9 5.3 -6.8 4.4 3.6 24.2Yukon 7.9 4.9 60.3 7.4 8.6 -14.2 7.9 5.4 45.5 7.4 8.1 -8.9Canada 16,007.0 16,594.2 -3.5 16,113.8 13,783.8 16.9 15,262.2 15,810.6 -3.5 15,296.3 13,015.3 17.5


percentage change


percentage change


percentage change


percentage change

British Columbia 6,906 7,401 -6.7 7,155 5,698 25.6 6,478 6,998 -7.4 6,673 5,276 26.5Alberta 6,342 6,355 -0.2 6,170 5,181 19.1 5,815 5,886 -1.2 5,588 4,815 16.1Saskatchewan 1,215 1,233 -1.5 1,253 1,227 2.1 1,157 1,163 -0.5 1,181 1,144 3.2Manitoba 1,270 1,225 3.7 1,350 1,287 4.9 1,182 1,137 4.0 1,257 1,201 4.7Ontario 17,801 18,355 -3.0 18,091 16,763 7.9 16,910 17,500 -3.4 17,141 15,895 7.8Quebec‡ 6,353 6,502 -2.3 5,825 6,165 -5.5 5,928 6,102 -2.9 5,348 5,700 -6.2New Brunswick 563 574 -1.9 571 640 -10.8 485 500 -3.0 476 542 -12.2Nova Scotia 861 866 -0.6 880 967 -9.0 765 756 1.2 755 836 -9.7Prince Edward Island 135 137 -1.5 159 190 -16.3 106 113 -6.2 119 142 -16.2Newfoundland & Labrador 420 385 9.1 544 485 12.2 373 357 4.5 469 444 5.6Northwest Territories 12 15 -20.0 11 10 10.0 13 14 -7.1 11 10 10.0Yukon 23 19 21.1 21 27 -22.2 23 19 21.1 21 26 -19.2Canada 41,901 43,067 -2.7 42,030 38,640 8.8 39,235 40,545 -3.2 39,039 36,031 8.3

* 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

October 2013


percentage change


percentage change


percentage change


percentage change

British Columbia 13,777 14,050 -1.9 12,887 14,009 -8.0 11,976 12,152 -1.4 11,077 11,999 -7.7Alberta 9,731 9,990 -2.6 8,695 8,873 -2.0 8,275 8,533 -3.0 7,447 7,478 -0.4Saskatchewan 2,694 2,657 1.4 2,493 2,128 17.2 2,469 2,432 1.5 2,259 1,898 19.0Manitoba 2,081 2,082 0.0 1,986 1,757 13.0 1,880 1,871 0.5 1,776 1,582 12.3Ontario 33,565 33,469 0.3 32,348 31,967 1.2 30,274 30,248 0.1 29,170 28,886 1.0Quebec‡ 14,289 14,518 -1.6 14,712 15,105 -2.6 12,722 12,941 -1.7 12,995 13,427 -3.2New Brunswick 1,617 1,652 -2.1 1,440 1,512 -4.8 1,291 1,294 -0.2 1,148 1,181 -2.8Nova Scotia 2,217 2,309 -4.0 1,961 1,980 -1.0 1,726 1,806 -4.4 1,519 1,533 -0.9Prince Edward Island 509 476 6.9 427 301 41.9 339 299 13.4 283 208 36.1Newfoundland & Labrador 1,105 1,054 4.8 1,080 957 12.9 874 831 5.2 866 789 9.8Northwest Territories 15 15 0.0 14 16 -12.5 15 15 0.0 14 16 -12.5Yukon 41 64 -35.9 34 49 -30.6 35 51 -31.4 31 47 -34.0Canada 81,641 82,336 -0.8 78,077 78,654 -0.7 71,876 72,473 -0.8 68,585 69,044 -0.7


percentage change


percentage change


percentage change


percentage change

British Columbia 531,484 540,867 -1.7 524,732 502,269 4.5 544,389 552,497 -1.5 540,432 508,292 6.3Alberta 387,106 389,830 -0.7 380,534 372,300 2.2 381,310 382,660 -0.4 377,084 363,295 3.8Saskatchewan 297,859 297,932 0.0 294,216 292,261 0.7 293,769 292,029 0.6 289,890 275,308 5.3Manitoba 257,042 249,519 3.0 256,934 242,142 6.1 264,105 257,063 2.7 264,148 248,058 6.5Ontario 403,218 401,890 0.3 404,408 374,966 7.9 411,939 409,337 0.6 413,408 382,307 8.1Quebec‡ 265,944 263,335 1.0 n/a n/a - 271,003 266,145 1.8 273,436 267,032 2.4New Brunswick 151,116 155,561 -2.9 143,768 146,902 -2.1 160,644 163,466 -1.7 155,414 157,173 -1.1Nova Scotia 203,206 204,107 -0.4 188,235 188,539 -0.2 215,073 218,308 -1.5 203,144 207,439 -2.1Prince Edward Island 142,366 144,013 -1.1 137,204 133,267 3.0 154,576 143,354 7.8 154,576 150,135 3.0Newfoundland & Labrador 272,005 275,665 -1.3 262,042 259,699 0.9 279,835 276,209 1.3 272,267 272,639 -0.1Northwest Territories 402,000 341,514 17.7 402,000 356,025 12.9 402,000 341,514 17.7 402,000 356,025 12.9Yukon 356,276 280,855 26.9 352,932 319,848 10.3 358,769 274,326 30.8 352,932 312,920 12.8Canada 381,821 387,242 -1.4 383,388 356,724 7.5 388,277 392,634 -1.1 391,820 361,224 8.5

* 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*


October 2013


change

British Columbia 50.1 52.7 -2.6 44.6 40.7 3.9 54.1 57.6 -3.5 48.3 43.5 4.8Alberta 65.2 63.6 1.6 58.6 52.9 5.7 70.3 69.0 1.3 63.7 58.0 5.7Saskatchewan 45.1 46.4 -1.3 47.4 53.8 -6.4 46.9 47.8 -0.9 49.2 56.3 -7.1Manitoba 61.0 58.8 2.2 62.8 69.5 -6.7 62.9 60.8 2.1 65.8 72.5 -6.7Ontario 53.0 54.8 -1.8 51.6 52.9 -1.3 55.9 57.9 -2.0 54.3 55.6 -1.3Quebec‡ 44.5 44.8 -0.3 43.7 47.6 -3.9 46.6 47.2 -0.6 45.9 50.2 -4.3New Brunswick 34.8 34.7 0.1 36.1 37.6 -1.5 37.6 38.6 -1.0 40.8 42.2 -1.4Nova Scotia 38.8 37.5 1.3 39.0 46.2 -7.2 44.3 41.9 2.4 44.2 52.9 -8.7Prince Edward Island 26.5 28.8 -2.3 34.3 45.8 -11.5 31.3 37.8 -6.5 41.4 52.4 -11.0Newfoundland & Labrador 38.0 36.5 1.5 38.3 45.6 -7.3 42.7 43.0 -0.3 43.3 51.3 -8.0Northwest Territories 80.0 100.0 -20.0 55.1 79.8 -24.7 86.7 93.3 -6.6 55.3 81.4 -26.1Yukon 56.1 29.7 26.4 47.9 49.8 -1.9 65.7 37.3 28.4 51.1 51.8 -0.7Canada 51.3 52.3 -1.0 49.1 49.5 -0.4 54.6 55.9 -1.3 52.3 52.7 -0.4


change

British Columbia 6.9 6.5 0.4 10.4 10.9 -0.5 7.3 6.9 0.4 8.5 9.0 -0.5Alberta 3.2 3.2 0.0 5.2 6.3 -1.2 3.5 3.5 0.0 4.0 4.9 -0.9Saskatchewan 6.5 6.3 0.2 7.2 6.1 1.0 6.9 6.7 0.2 6.3 5.3 1.0Manitoba 2.8 2.9 -0.1 3.5 3.1 0.4 3.0 3.1 -0.1 2.9 2.5 0.3Ontario 3.7 3.6 0.1 5.0 4.8 0.2 3.9 3.8 0.1 4.1 3.9 0.2Quebec‡ 11.3 11.1 0.2 13.2 11.1 2.1 12.1 11.8 0.3 11.7 9.7 2.0New Brunswick 11.3 10.9 0.4 16.5 14.6 1.9 13.2 12.5 0.7 12.1 10.8 1.4Nova Scotia 10.6 10.4 0.2 16.3 13.0 3.4 11.9 12.0 -0.1 11.4 8.8 2.6Prince Edward Island 13.3 12.9 0.4 22.8 18.1 4.7 16.9 15.6 1.3 14.1 11.8 2.3Newfoundland & Labrador 7.0 7.6 -0.6 10.4 8.6 1.7 7.9 8.2 -0.3 7.7 6.3 1.4Northwest Territories 4.7 3.9 0.8 4.4 2.5 1.9 4.3 4.2 0.1 4.2 2.1 2.1Yukon 11.0 13.7 -2.7 13.5 10.4 3.1 11.0 13.7 -2.7 12.3 9.0 3.2Canada 5.7 5.5 0.2 7.7 7.5 0.3 6.0 5.9 0.1 6.3 6.0 0.3

*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 32,891.7 31,214.4 5.4 35,060.3 32,618.0 7.5 31,431.6 29,664.2 6.0 33,619.8 31,071.3 8.2Alberta 22,887.1 20,438.4 12.0 24,451.3 21,663.0 12.9 20,746.2 18,315.6 13.3 22,223.9 19,412.8 14.5Saskatchewan 3,481.4 3,463.3 0.5 3,710.6 3,669.4 1.1 3,219.6 3,219.3 0.0 3,453.1 3,410.7 1.2Manitoba 3,045.2 2,976.8 2.3 3,274.4 3,188.8 2.7 2,930.9 2,844.2 3.0 3,152.1 3,059.8 3.0Ontario 67,976.0 66,211.4 2.7 72,752.8 69,982.7 4.0 65,884.3 64,201.4 2.6 70,618.7 67,920.5 4.0Quebec‡ 16,770.4 18,247.5 -8.1 17,398.8 18,886.1 -7.9 15,714.1 17,072.3 -8.0 16,341.4 17,713.1 -7.7New Brunswick 919.6 943.9 -2.6 981.0 997.9 -1.7 843.5 870.0 -3.0 904.7 923.2 -2.0Nova Scotia 1,780.1 2,085.5 -14.6 1,888.6 2,204.0 -14.3 1,661.9 1,957.5 -15.1 1,764.3 2,073.9 -14.9Prince Edward Island 231.9 259.4 -10.6 230.6 262.1 -12.0 198.0 209.8 -5.6 197.6 214.6 -7.9Newfoundland & Labrador 1,097.2 1,089.4 0.7 1,076.2 1,092.4 -1.5 1,041.0 1,042.1 -0.1 1,019.1 1,045.9 -2.6Northwest Territories 45.7 46.5 -1.6 49.1 48.9 0.4 44.9 44.8 0.3 48.8 48.7 0.1Yukon 83.7 99.9 -16.3 86.4 102.6 -15.9 81.3 97.3 -16.4 84.6 100.2 -15.6Canada 151,210.2 147,076.5 2.8 160,960.1 154,715.9 4.0 143,797.2 139,538.6 3.1 153,428.1 146,994.4 4.4



change

British Columbia 63,574 61,629 3.2 67,248 64,279 4.6 59,455 57,345 3.7 63,020 59,946 5.1Alberta 59,138 54,893 7.7 62,991 57,955 8.7 54,735 50,648 8.1 58,382 53,480 9.2Saskatchewan 11,830 12,562 -5.8 12,595 13,182 -4.5 11,204 11,831 -5.3 11,945 12,400 -3.7Manitoba 12,170 12,551 -3.0 13,043 13,368 -2.4 11,419 11,677 -2.2 12,180 12,460 -2.2Ontario 172,948 175,216 -1.3 183,948 184,682 -0.4 164,732 166,832 -1.3 175,470 176,006 -0.3Quebec‡ 64,376 69,721 -7.7 66,461 72,644 -8.5 60,291 65,333 -7.7 62,429 68,202 -8.5New Brunswick 5,968 6,221 -4.1 6,320 6,551 -3.5 5,221 5,394 -3.2 5,543 5,703 -2.8Nova Scotia 8,743 10,110 -13.5 9,198 10,601 -13.2 7,633 8,879 -14.0 8,085 9,343 -13.5Prince Edward Island 1,622 1,928 -15.9 1,603 1,929 -16.9 1,264 1,388 -8.9 1,260 1,411 -10.7Newfoundland & Labrador 3,991 4,281 -6.8 3,948 4,281 -7.8 3,655 3,912 -6.6 3,605 3,924 -8.1Northwest Territories 115 116 -0.9 124 124 0.0 111 115 -3.5 123 123 0.0Yukon 248 283 -12.4 260 296 -12.2 247 276 -10.5 257 290 -11.4Canada 404,723 409,511 -1.2 427,739 429,892 -0.5 379,967 383,630 -1.0 402,299 403,288 -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 140,705 153,073 -8.1 154,054 166,982 -7.7 121,851 133,742 -8.9 133,817 146,278 -8.5Alberta 100,536 103,433 -2.8 110,048 112,146 -1.9 85,602 87,099 -1.7 93,942 94,473 -0.6Saskatchewan 24,849 23,146 7.4 27,298 25,274 8.0 22,590 20,790 8.7 24,928 22,783 9.4Manitoba 19,336 18,156 6.5 21,472 19,857 8.1 17,233 16,232 6.2 19,158 17,800 7.6Ontario 333,050 332,664 0.1 363,933 361,633 0.6 301,700 301,568 0.0 330,562 328,491 0.6Quebec‡ 146,690 147,704 -0.7 153,929 155,118 -0.8 130,984 131,372 -0.3 137,636 138,286 -0.5New Brunswick 16,511 16,598 -0.5 17,931 18,079 -0.8 12,775 12,777 0.0 13,844 13,923 -0.6Nova Scotia 22,268 22,166 0.5 24,341 24,066 1.1 17,197 16,961 1.4 18,909 18,527 2.1Prince Edward Island 4,550 4,120 10.4 5,063 4,563 11.0 2,927 2,636 11.0 3,235 2,907 11.3Newfoundland & Labrador 10,323 9,347 10.4 11,117 10,144 9.6 8,317 7,612 9.3 8,958 8,279 8.2Northwest Territories 212 140 51.4 241 155 55.5 211 135 56.3 238 151 57.6Yukon 505 585 -13.7 553 636 -13.1 468 550 -14.9 517 597 -13.4Canada 819,535 831,132 -1.4 889,980 898,653 -1.0 721,855 731,474 -1.3 785,744 792,495 -0.9



change

British Columbia 519,601 505,025 2.9 521,358 507,444 2.7 531,237 515,690 3.0 533,479 518,321 2.9Alberta 387,086 372,132 4.0 388,171 373,790 3.8 378,697 360,340 5.1 380,664 362,991 4.9Saskatchewan 293,630 275,918 6.4 294,609 278,367 5.8 286,714 271,532 5.6 289,080 275,052 5.1Manitoba 248,655 236,083 5.3 251,044 238,538 5.2 256,547 242,736 5.7 258,795 245,572 5.4Ontario 391,676 374,533 4.6 395,508 378,936 4.4 398,352 381,409 4.4 402,455 385,899 4.3Quebec‡ 262,539 260,591 0.7 n/a n/a - 270,680 271,320 -0.2 267,095 262,792 1.6New Brunswick 153,044 150,428 1.7 155,223 152,329 1.9 160,715 159,349 0.9 163,212 161,874 0.8Nova Scotia 204,469 205,982 -0.7 205,331 207,905 -1.2 216,811 219,370 -1.2 218,223 221,970 -1.7Prince Edward Island 142,697 135,345 5.4 143,871 135,865 5.9 156,403 151,881 3.0 156,841 152,067 3.1Newfoundland & Labrador 274,213 255,783 7.2 272,602 255,169 6.8 284,895 267,228 6.6 282,679 266,527 6.1Northwest Territories 396,110 391,693 1.1 396,001 394,387 0.4 396,901 392,414 1.1 396,578 396,090 0.1Yukon 330,322 345,030 -4.3 332,202 346,787 -4.2 325,875 345,501 -5.7 329,193 345,619 -4.8Canada 372,895 357,447 4.3 376,305 359,895 4.6 377,825 361,914 4.4 381,378 364,490 4.6

* 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 45.2 40.3 4.9 43.7 38.5 5.2 48.8 42.9 5.9 47.1 41.0 6.1Alberta 58.8 53.1 5.7 57.2 51.7 5.5 63.9 58.1 5.8 62.1 56.6 5.5Saskatchewan 47.6 54.3 -6.7 46.1 52.2 -6.1 49.6 56.9 -7.3 47.9 54.4 -6.5Manitoba 62.9 69.1 -6.2 60.7 67.3 -6.6 66.3 71.9 -5.6 63.6 70.0 -6.4Ontario 51.9 52.7 -0.8 50.5 51.1 -0.6 54.6 55.3 -0.7 53.1 53.6 -0.5Quebec‡ 43.9 47.2 -3.3 43.2 46.8 -3.6 46.0 49.7 -3.7 45.4 49.3 -3.9New Brunswick 36.1 37.5 -1.4 35.2 36.2 -1.0 40.9 42.2 -1.3 40.0 41.0 -1.0Nova Scotia 39.3 45.6 -6.3 37.8 44.0 -6.2 44.4 52.3 -7.9 42.8 50.4 -7.6Prince Edward Island 35.6 46.8 -11.2 31.7 42.3 -10.6 43.2 52.7 -9.5 38.9 48.5 -9.6Newfoundland & Labrador 38.7 45.8 -7.1 35.5 42.2 -6.7 43.9 51.4 -7.5 40.2 47.4 -7.2Northwest Territories 54.2 82.9 -28.7 51.5 80.0 -28.5 52.6 85.2 -32.6 51.7 81.5 -29.8Yukon 49.1 48.4 0.7 47.0 46.5 0.5 52.8 50.2 2.6 49.7 48.6 1.1Canada 49.4 49.3 0.1 48.1 47.8 0.3 52.6 52.4 0.2 51.2 50.9 0.3


British Columbia 7.9 8.5 -0.6 10.0 10.9 -0.9 8.4 9.1 -0.7 8.1 9.0 -0.9Alberta 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 4.9 1.1 7.0 5.9 1.1 6.4 5.2 1.2 6.2 5.2 1.0Manitoba 2.7 2.4 0.3 3.5 3.0 0.5 2.9 2.6 0.3 2.8 2.5 0.3Ontario 3.9 3.7 0.2 4.8 4.7 0.1 4.0 3.9 0.1 3.9 3.8 0.1Quebec‡ 10.9 9.2 1.7 12.9 11.0 1.9 11.7 9.8 1.9 11.4 9.5 1.9New Brunswick 10.6 9.4 1.2 15.9 14.4 1.5 12.1 10.8 1.3 11.7 10.6 1.1Nova Scotia 10.0 7.8 2.2 15.9 12.8 3.1 11.5 8.9 2.6 11.2 8.7 2.5Prince Edward Island 10.6 8.5 2.1 23.1 18.4 4.7 13.6 11.8 1.8 14.1 12.1 2.0Newfoundland & Labrador 7.0 5.8 1.2 10.7 8.9 1.8 7.6 6.3 1.3 7.9 6.5 1.4Northwest Territories 4.6 2.1 2.5 4.7 2.5 2.2 4.8 2.1 2.7 4.4 2.0 2.4Yukon 11.7 9.2 2.5 12.6 10.6 2.0 11.7 9.4 2.3 11.5 9.3 2.2Canada 5.9 5.7 0.2 7.5 7.3 0.2 6.3 6.1 0.2 6.1 5.9 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

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