the canadian real estate association ews release · the trademars mls ®, multiple listing service...

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 posted a small month-over-month increase in September 2013.

Highlights: • National home sales edged up by 0.8% from August to September.• Actual (not seasonally adjusted) activity came in 18.2% above levels in September 2012.• The number of newly listed homes declined by 1.4% from August to September.• The Canadian housing market has tightened but continues to remain balanced.• The national average sale price rose 8.8% on a year-over-year basis in September.• The MLS® Home Price Index (HPI) rose 3.1% year-over-year in September.

The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations and other co-operative listing systems edged up a modest eight-tenths of one percent on a month-over-month basis in September 2013.

Sales improved on a month-over-month basis in just over half of all local markets, with gains in Greater Vancouver and Greater Toronto offsetting declines in Calgary and Montreal.

Actual (not seasonally adjusted) activity remained roughly on par with the 10-year average in September (Chart A). The 18.2 per cent increase compared to year-ago levels reflects weakened activity at that time.

Sales were up on a year-over-year basis in about 75 per cent of local markets, led by gains in Greater Vancouver, Calgary, Edmonton, and Greater Toronto.

“Year-over-year increases in the sales over the past couple of months highlights how activity softened across much of the country following the introduction of tighter mortgage rules last summer,” said Gregory Klump, CREA’s Chief Economist.

“While the momentum for sales activity began improving a few months ago, it may be losing steam after having only just climbed back in line with an average of the past 10 years,” Klump added. “Even so, one can see large year-on-year changes when comparing activity to a month like September 2012, when sales dropped to the lowest level for that month in more than a decade.”

Some 340,980 homes have traded hands across the country so far this year. That stands 1.8 per cent below levels recorded in the first three quarters of 2012.

Canadian home sales edge higher in SeptemberOttawa, ON, October 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



The number of newly listed homes declined by 1.4 per cent on a month-over-month basis in September. Slightly more than half of all local markets recorded declines, led by Greater Vancouver, Fraser Valley, Calgary, Greater Toronto, London & St. Thomas, Ottawa, and Montreal.

The small monthly increase in sales activity combined with a decline in new listings pushed the national sales-to-new listings ratio to 56.1 per cent in September compared to 54.8 per cent in August. While the national housing market has firmed in recent months, it remains in balanced market territory where it has been since early 2010. Based on a sales-to-new listings ratio of between 40 to 60 per cent, about three of every five local markets were in balanced market territory in September.

“Sales activity across much of the country has improved in recent months following a slow start to the year and new listings in some areas have not kept pace,” said CREA President Laura Leyser. “Depending on where they are, there may be a bit more competition among buyers for limited inventory in the months ahead. Because all real estate is local, your REALTOR® remains your best resource for understanding how the housing market is shaping up either 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 5.8 months of inventory at the national level at the end of September, down from 5.9 months one month earlier. As with the sales-to-new listings ratio, the current months of inventory measure marks a slightly firmer but still well balanced national market.

The actual (not seasonally adjusted) national average price for homes sold in September 2013 was $385,906, an increase of 8.8 per cent from the same month last year. Year-over-year average price gains in recent months reflect the decline in sales activity recorded last year in some of Canada’s larger and more expensive markets which caused the national average price to drop.

If Greater Toronto, Greater Vancouver, and Calgary are removed from the national average price calculation, the year-over-year increase is 4.3 per cent. A better gauge of what’s going on with prices is the MLS® Home Price Index (MLS® HPI), which is not affected by changes in the mix of sales the way that ‘average’ price is.

This month, Victoria and Vancouver Island join the MLS® HPI.

The Aggregate Composite MLS® HPI rose 3.13 per cent compared to September 2012, slightly larger than the 2.80 per cent gain in August. (Chart B)

Year-over-year price growth picked up among all property types tracked by the index with the exception of two-storey single family homes. That said, this property type continues to see the strongest growth, with the Benchmark two-storey single family home price up 3.56 per cent year-over-year in September.

This was followed by one-storey single family homes (+3.44 per cent), townhouse/row units (+3 per cent) and apartment units (+1.79 per cent).

Year-over-year price growth in the MLS® HPI was mixed across the markets tracked by the index (Table 1).

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

Chart B



- 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: September 2013

1 month ago

3 months ago

6 months ago

12 months ago 3 years ago 5 years ago

Aggregate 161.5 0.06 0.12 2.28 3.13 12.62 17.88

Lower Mainland 153.1 0.00 -0.07 1.26 -0.65 5.73 7.74

Greater Vancouver 157.8 0.06 0.00 1.48 -0.69 6.26 10.35

Fraser Valley 143.4 0.00 0.00 0.77 -0.21 4.82 2.14

Vancouver Island 146.9 -1.41 -0.68 0.69 -1.67 -4.30 -6.85

Victoria 139 -0.14 -1.07 -0.64 -2.66 -6.14 -4.92

Calgary 193.1 -0.05 1.21 4.04 7.28 15.28 9.78

Regina 283.6 0.35 0.85 -0.70 -1.25 18.02 27.29

Saskatoon 233.7 0.99 1.08 3.27 4.75 10.44 9.26

Greater Toronto 156.1 0.06 0.19 2.76 4.00 19.43 31.84

Ottawa 148.2 -0.27 -0.80 0.82 0.95 8.41 21.77

Greater Montreal 155.2 0.06 -0.26 1.24 2.37 9.22 20.78

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

September 2013

Sep 2013 Aug 2013monthly

percentage change

Sep 2013 Sep 2012year-over-year

percentage change


percentage change


percentage change

Fraser Valley 609.5 606.6 0.5 545.4 417.9 30.5 592.1 583.8 1.4 530.1 391.6 35.4Vancouver 2,321.4 2,193.9 5.8 2,024.4 1,124.0 80.1 2,264.2 2,149.3 5.3 1,985.2 1,110.0 78.8Victoria 246.9 254.7 -3.1 229.7 191.8 19.8 248.5 247.1 0.6 224.9 188.8 19.1Calgary 1,265.6 1,277.6 -0.9 1,194.9 984.9 21.3 1,176.1 1,217.1 -3.4 1,078.9 827.3 30.4Edmonton 715.3 692.6 3.3 685.0 517.2 32.4 623.3 596.4 4.5 599.1 444.3 34.8Regina 108.9 109.6 -0.6 103.0 80.4 28.1 103.8 103.9 -0.1 100.6 79.1 27.1Saskatoon 163.2 162.9 0.2 161.7 145.1 11.5 157.2 152.0 3.4 155.3 136.5 13.7Winnipeg 275.3 292.3 -5.8 278.8 251.4 10.9 266.5 283.4 -5.9 269.7 242.0 11.4Hamilton-Burlington 510.7 485.4 5.2 473.2 334.5 41.4 482.8 455.2 6.1 450.8 317.7 41.9Kitchener-Waterloo 185.4 204.3 -9.3 175.7 182.2 -3.6 171.9 177.5 -3.2 154.0 137.7 11.8London and St Thomas 177.0 185.8 -4.7 166.0 152.9 8.6 166.4 171.9 -3.2 155.5 142.6 9.1Ottawa 440.9 434.0 1.6 398.4 365.3 9.0 437.0 432.0 1.1 393.4 357.9 9.9St. Catharines 68.9 65.4 5.3 70.5 59.6 18.2 61.0 58.1 5.0 65.1 57.1 14.0Sudbury 57.5 56.1 2.4 60.4 44.6 35.5 54.1 52.9 2.2 57.2 42.2 35.5Thunder Bay 35.8 38.6 -7.4 42.5 40.6 4.5 33.3 36.0 -7.5 38.5 36.1 6.6Toronto† 4,349.1 4,173.9 4.2 3,956.0 2,961.0 33.6 4,349.1 4,190.1 3.8 3,956.0 2,961.0 33.6Windsor-Essex 89.4 88.1 1.6 91.9 75.4 21.8 84.1 80.8 4.2 85.7 67.3 27.3Trois Rivières CMA‡ 14.7 14.5 1.5 11.3 9.3 21.8 12.5 14.0 -10.7 9.7 8.5 14.4Montreal CMA 1,042.0 1,097.1 -5.0 808.1 777.3 4.0 994.8 1,037.9 -4.2 765.5 723.0 5.9Gatineau CMA 79.0 73.9 6.8 68.7 60.1 14.2 77.9 68.0 14.6 64.4 54.2 18.8Quebec CMA 155.3 146.1 6.3 119.9 123.1 -2.6 142.0 142.6 -0.4 106.6 118.0 -9.7Saguenay CMA 17.2 18.5 -7.5 13.6 17.1 -20.2 18.7 17.1 9.3 13.3 15.8 -16.3Sherbrooke CMA 34.5 34.0 1.4 31.8 33.8 -5.8 33.6 32.4 3.6 28.6 28.3 1.2Saint John 26.7 23.6 13.1 28.6 24.3 17.3 22.6 21.8 3.6 24.9 22.1 12.8Halifax-Dartmouth 120.8 136.7 -11.6 105.6 112.8 -6.3 116.9 134.4 -13.0 100.9 110.5 -8.7Newfoundland & Labrador 107.2 107.0 0.2 121.5 109.9 10.6 100.0 100.0 0.0 110.8 106.5 4.1Canada 16,699.9 16,390.2 1.9 15,492.4 12,198.7 27.0 15,932.9 15,701.5 1.5 14,721.2 11,439.7 28.7

* 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

September 2013


percentage change


percentage change


percentage change


percentage change

Fraser Valley 1,293 1,235 4.7 1,131 857 32.0 1,239 1,213 2.1 1,078 791 36.3Vancouver 2,938 2,827 3.9 2,577 1,578 63.3 2,903 2,721 6.7 2,524 1,536 64.3Victoria 552 550 0.4 487 419 16.2 533 520 2.5 462 400 15.5Calgary 2,789 2,897 -3.7 2,617 2,156 21.4 2,658 2,773 -4.1 2,475 2,054 20.5Edmonton 1,992 1,912 4.2 1,940 1,563 24.1 1,778 1,713 3.8 1,712 1,372 24.8Regina 332 347 -4.3 325 270 20.4 322 338 -4.7 317 265 19.6Saskatoon 478 475 0.6 475 448 6.0 467 462 1.1 459 435 5.5Winnipeg 1,079 1,135 -4.9 1,123 1,040 8.0 1,009 1,061 -4.9 1,052 973 8.1Hamilton-Burlington 1,284 1,233 4.1 1,207 913 32.2 1,239 1,176 5.4 1,154 884 30.5Kitchener-Waterloo 572 580 -1.4 531 498 6.6 533 546 -2.4 487 448 8.7London and St Thomas 687 704 -2.4 655 648 1.1 666 680 -2.1 628 611 2.8Ottawa 1,260 1,243 1.4 1,163 1,041 11.7 1,224 1,207 1.4 1,128 1,011 11.6St. Catharines 248 231 7.4 251 228 10.1 232 214 8.4 239 216 10.6Sudbury 256 231 10.8 270 199 35.7 231 213 8.5 247 180 37.2Thunder Bay 199 205 -2.9 234 225 4.0 177 181 -2.2 205 197 4.1Toronto† 8,178 7,954 2.8 7,411 5,879 26.1 8,165 7,970 2.4 7,411 5,879 26.1Windsor-Essex 501 483 3.7 498 404 23.3 468 453 3.3 469 377 24.4Trois Rivières CMA‡ 88 89 -1.1 67 63 6.3 79 85 -7.1 63 59 6.8Montreal CMA 3,312 3,409 -2.8 2,483 2,336 6.3 3,209 3,294 -2.6 2,393 2,208 8.4Gatineau CMA 339 315 7.6 286 256 11.7 320 292 9.6 268 235 14.0Quebec CMA 584 582 0.3 441 486 -9.3 547 552 -0.9 406 463 -12.3Saguenay CMA 100 101 -1.0 81 98 -17.3 93 92 1.1 74 88 -15.9Sherbrooke CMA 156 149 4.7 128 137 -6.6 144 140 2.9 111 116 -4.3Saint John 151 158 -4.4 169 163 3.7 128 126 1.6 144 142 1.4Halifax-Dartmouth 459 524 -12.4 408 455 -10.3 437 487 -10.3 376 423 -11.1Newfoundland & Labrador 380 382 -0.5 449 435 3.2 352 349 0.9 412 392 5.1Canada 43,298 42,969 0.8 40,816 34,780 17.4 40,793 40,464 0.8 38,147 32,260 18.2

†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


September 2013


percentage change


percentage change


percentage change


percentage change

Fraser Valley 2,432 2,582 -5.8 2,375 2,544 -6.6 2,159 2,300 -6.1 2,154 2,313 -6.9Vancouver 4,934 4,978 -0.9 5,403 5,701 -5.2 4,667 4,737 -1.5 5,143 5,447 -5.6Victoria 1,065 1,080 -1.4 1,106 1,210 -8.6 946 944 0.2 994 1,117 -11.0Calgary 3,940 4,089 -3.6 4,025 3,854 4.4 3,558 3,637 -2.2 3,630 3,417 6.2Edmonton 3,102 3,158 -1.8 2,943 3,009 -2.2 2,515 2,538 -0.9 2,404 2,436 -1.3Regina 641 660 -2.9 656 592 10.8 616 648 -4.9 627 535 17.2Saskatoon 1,060 1,072 -1.1 1,138 923 23.3 1,014 1,007 0.7 1,095 880 24.4Winnipeg 1,761 1,799 -2.1 2,078 1,686 23.3 1,599 1,597 0.1 1,907 1,506 26.6Hamilton-Burlington 1,846 1,826 1.1 1,953 1,831 6.7 1,677 1,674 0.2 1,798 1,690 6.4Kitchener-Waterloo 1,159 1,158 0.1 1,221 1,039 17.5 988 960 2.9 1,055 910 15.9London and St Thomas 1,539 1,626 -5.4 1,583 1,550 2.1 1,352 1,441 -6.2 1,402 1,334 5.1Ottawa 2,572 2,652 -3.0 2,693 2,652 1.5 2,428 2,502 -3.0 2,556 2,472 3.4St. Catharines 420 450 -6.7 431 448 -3.8 377 401 -6.0 384 396 -3.0Sudbury 489 491 -0.4 486 378 28.6 377 375 0.5 375 317 18.3Thunder Bay 310 302 2.6 317 307 3.3 242 236 2.5 259 265 -2.3Toronto† 13,097 13,356 -1.9 14,938 15,220 -1.9 13,090 13,305 -1.6 14,938 15,220 -1.9Windsor-Essex 909 962 -5.5 887 915 -3.1 779 786 -0.9 763 728 4.8Trois Rivières CMA‡ 184 198 -7.1 172 155 11.0 165 180 -8.3 148 130 13.8Montreal CMA 6,754 7,118 -5.1 7,124 7,104 0.3 6,332 6,702 -5.5 6,706 6,658 0.7Gatineau CMA 757 714 6.0 746 710 5.1 684 650 5.2 684 652 4.9Quebec CMA 1,164 1,216 -4.3 1,175 1,109 6.0 1,050 1,094 -4.0 1,044 1,016 2.8Saguenay CMA 250 245 2.0 249 191 30.4 239 222 7.7 221 166 33.1Sherbrooke CMA 334 305 9.5 357 381 -6.3 281 272 3.3 290 308 -5.8Saint John 475 467 1.7 453 461 -1.7 344 359 -4.2 337 336 0.3Halifax-Dartmouth 1,082 1,020 6.1 1,041 904 15.2 936 891 5.1 916 797 14.9Newfoundland & Labrador 1,053 1,065 -1.1 1,022 854 19.7 830 861 -3.6 842 717 17.4Canada 82,605 83,719 -1.3 84,809 82,752 2.5 72,726 73,782 -1.4 75,654 73,910 2.4



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

New Listings


September 2013


percentage change


percentage change


percentage change


percentage change

Fraser Valley 480,148 477,759 0.5 482,204 487,661 -1.1 491,904 481,430 2.2 491,766 495,096 -0.7Vancouver 794,816 778,637 2.1 785,572 712,309 10.3 794,245 781,830 1.6 786,522 722,681 8.8Victoria 480,552 481,385 -0.2 471,745 457,674 3.1 487,685 490,533 -0.6 486,744 471,953 3.1Calgary 455,413 452,427 0.7 456,577 456,826 -0.1 436,776 440,839 -0.9 435,934 402,756 8.2Edmonton 352,963 366,661 -3.7 353,081 330,911 6.7 348,105 347,450 0.2 349,923 323,803 8.1Regina 327,306 313,150 4.5 316,898 297,795 6.4 322,256 311,745 3.4 317,273 298,501 6.3Saskatoon 340,361 349,626 -2.6 340,361 323,786 5.1 336,106 325,941 3.1 338,309 313,843 7.8Winnipeg 255,875 258,843 -1.1 248,273 241,747 2.7 264,190 267,670 -1.3 256,380 248,749 3.1Hamilton-Burlington 394,489 390,721 1.0 392,013 366,428 7.0 390,861 385,669 1.3 390,638 359,406 8.7Kitchener-Waterloo 330,914 337,755 -2.0 330,914 365,911 -9.6 316,162 321,401 -1.6 316,162 307,447 2.8London and St Thomas 260,481 262,558 -0.8 253,455 235,898 7.4 251,193 252,036 -0.3 247,596 233,348 6.1Ottawa 350,644 348,318 0.7 342,546 350,943 -2.4 355,743 354,360 0.4 348,788 353,984 -1.5St. Catharines 280,958 298,124 -5.8 280,958 261,603 7.4 262,102 277,644 -5.6 272,370 264,290 3.1Sudbury 233,495 238,857 -2.2 223,817 224,051 -0.1 237,404 244,910 -3.1 231,626 234,543 -1.2Thunder Bay 178,400 186,950 -4.6 181,539 180,627 0.5 189,060 192,106 -1.6 187,768 183,218 2.5Toronto† 536,436 524,553 2.3 533,797 503,662 6.0 536,354 524,586 2.2 533,797 503,662 6.0Windsor-Essex 182,682 184,223 -0.8 184,521 186,752 -1.2 180,225 181,767 -0.8 182,674 178,454 2.4Trois Rivières CMA‡ 168,318 164,250 2.5 n/a n/a - 155,402 163,869 -5.2 155,402 144,326 7.7Montreal CMA 324,510 333,157 -2.6 n/a n/a - 321,629 324,305 -0.8 322,246 329,889 -2.3Gatineau CMA 243,208 242,149 0.4 n/a n/a - 245,720 240,636 2.1 241,728 232,035 4.2Quebec CMA 277,677 266,598 4.2 n/a n/a - 268,426 268,282 0.1 266,353 257,885 3.3Saguenay CMA 168,428 187,976 -10.4 n/a n/a - 190,814 194,987 -2.1 181,255 180,942 0.2Sherbrooke CMA 239,637 235,049 2.0 n/a n/a - 247,625 239,534 3.4 253,563 241,395 5.0Saint John 169,022 152,120 11.1 169,022 149,366 13.2 173,240 176,632 -1.9 173,240 155,723 11.2Halifax-Dartmouth 269,515 265,064 1.7 258,941 247,923 4.4 276,537 274,851 0.6 268,286 261,126 2.7Newfoundland & Labrador 276,411 281,211 -1.7 270,662 252,598 7.2 276,123 286,205 -3.5 269,036 271,572 -0.9Canada 388,296 383,144 1.3 379,567 350,740 8.2 393,192 387,924 1.4 385,906 354,608 8.8

* 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*


September 2013

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

change

Fraser Valley 53.2 47.8 5.4 45.0 46.0 -1.0 57.4 52.7 4.7 47.7 48.4 -0.7Vancouver 59.5 56.8 2.7 47.1 43.5 3.6 62.2 57.4 4.8 48.3 44.5 3.8Victoria 51.8 50.9 0.9 44.6 42.0 2.6 56.3 55.1 1.2 47.5 44.2 3.3Calgary 70.8 70.8 0.0 64.5 56.6 7.9 74.7 76.2 -1.5 69.0 60.7 8.3Edmonton 64.2 60.5 3.7 55.8 50.1 5.7 70.7 67.5 3.2 62.6 55.9 6.7Regina 51.8 52.6 -0.8 50.7 62.6 -11.9 52.3 52.2 0.1 51.9 64.9 -13.0Saskatoon 45.1 44.3 0.8 47.8 51.8 -4.0 46.1 45.9 0.2 49.1 53.3 -4.2Winnipeg 61.3 63.1 -1.8 64.1 70.5 -6.4 63.1 66.4 -3.3 67.3 73.7 -6.4Hamilton-Burlington 69.6 67.5 2.1 67.6 68.2 -0.6 73.9 70.3 3.6 70.5 71.5 -1.0Kitchener-Waterloo 49.4 50.1 -0.7 53.1 52.4 0.7 53.9 56.9 -3.0 58.1 56.4 1.7London and St Thomas 44.6 43.3 1.3 44.8 46.7 -1.9 49.3 47.2 2.1 49.3 51.0 -1.7Ottawa 49.0 46.9 2.1 46.0 51.4 -5.4 50.4 48.2 2.2 47.3 52.7 -5.4St. Catharines 59.0 51.3 7.7 53.7 53.7 0.0 61.5 53.4 8.1 57.4 58.1 -0.7Sudbury 52.4 47.0 5.4 45.1 52.7 -7.6 61.3 56.8 4.5 53.0 60.2 -7.2Thunder Bay 64.2 67.9 -3.7 63.6 67.6 -4.0 73.1 76.7 -3.6 72.2 72.9 -0.7Toronto† 62.4 59.6 2.8 55.0 57.5 -2.5 62.4 59.9 2.5 55.0 57.5 -2.5Windsor-Essex 55.1 50.2 4.9 49.3 47.2 2.1 60.1 57.6 2.5 55.9 54.1 1.8Trois Rivières CMA‡ 47.8 44.9 2.9 46.7 54.0 -7.3 47.9 47.2 0.7 48.8 57.3 -8.5Montreal CMA 49.0 47.9 1.1 46.2 51.9 -5.7 50.7 49.1 1.6 47.4 53.5 -6.1Gatineau CMA 44.8 44.1 0.7 43.4 49.5 -6.1 46.8 44.9 1.9 44.9 51.9 -7.0Quebec CMA 50.2 47.9 2.3 48.5 55.7 -7.2 52.1 50.5 1.6 50.4 58.4 -8.0Saguenay CMA 40.0 41.2 -1.2 45.4 53.3 -7.9 38.9 41.4 -2.5 48.0 59.1 -11.1Sherbrooke CMA 46.7 48.9 -2.2 47.5 49.3 -1.8 51.2 51.5 -0.3 49.8 51.1 -1.3Saint John 31.8 33.8 -2.0 32.3 32.7 -0.4 37.2 35.1 2.1 37.5 37.0 0.5Halifax-Dartmouth 42.4 51.4 -9.0 44.9 58.1 -13.2 46.7 54.7 -8.0 48.7 63.1 -14.4Newfoundland & Labrador 36.1 35.9 0.2 38.2 46.5 -8.3 42.4 40.5 1.9 43.4 52.1 -8.7Canada 52.4 51.3 1.1 48.7 49.7 -1.0 56.1 54.8 1.3 52.0 52.9 -0.9

*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*


September 2013Year to date

Sep 2013 YTD Sep 2012 YTD percentage change Sep 2013 YTD Sep 2012 YTD percentage

change Sep 2013 YTD Sep 2012 YTD percentage change Sep 2013 YTD Sep 2012 YTD percentage

change

Fraser Valley 4,764.3 5,270.5 -9.6 5,136.8 5,512.9 -6.8 4,503.4 4,972.9 -9.4 4,872.2 5,212.6 -6.5Vancouver 16,085.7 14,790.5 8.8 17,089.1 15,512.2 10.2 15,714.0 14,403.8 9.1 16,745.9 15,142.0 10.6Victoria 2,097.4 2,130.5 -1.6 2,248.9 2,246.7 0.1 2,035.9 2,084.5 -2.3 2,187.6 2,189.9 -0.1Calgary 10,329.0 8,936.9 15.6 11,210.1 9,615.7 16.6 9,543.9 8,173.5 16.8 10,385.6 8,778.9 18.3Edmonton 5,763.6 5,202.5 10.8 6,234.4 5,602.6 11.3 4,980.4 4,459.0 11.7 5,429.3 4,816.0 12.7Regina 914.3 959.0 -4.7 984.2 1,024.2 -3.9 849.9 915.7 -7.2 918.4 969.9 -5.3Saskatoon 1,402.5 1,353.3 3.6 1,506.5 1,437.6 4.8 1,355.3 1,296.2 4.6 1,464.5 1,386.8 5.6Winnipeg 2,447.2 2,371.8 3.2 2,639.3 2,551.8 3.4 2,364.9 2,277.4 3.8 2,549.7 2,460.1 3.6Hamilton-Burlington 4,030.7 3,758.5 7.2 4,335.0 3,970.7 9.2 3,784.4 3,560.9 6.3 4,093.8 3,778.9 8.3Kitchener-Waterloo 1,812.6 1,701.4 6.5 1,946.6 1,795.3 8.4 1,579.9 1,481.6 6.6 1,701.6 1,574.9 8.0London and St Thomas 1,584.0 1,627.3 -2.7 1,715.2 1,748.4 -1.9 1,475.2 1,492.8 -1.2 1,601.6 1,615.4 -0.9Ottawa 3,806.5 3,923.5 -3.0 4,152.2 4,248.2 -2.3 3,763.6 3,868.1 -2.7 4,106.7 4,192.2 -2.0St. Catharines 545.4 558.7 -2.4 585.8 592.2 -1.1 490.4 510.3 -3.9 534.1 543.7 -1.8Sudbury 457.1 494.2 -7.5 492.9 523.1 -5.8 430.8 463.1 -7.0 464.6 489.4 -5.1Thunder Bay 317.5 303.6 4.6 343.0 321.4 6.7 290.5 277.0 4.9 314.9 295.4 6.6Toronto† 34,290.3 33,985.7 0.9 36,737.0 35,937.9 2.2 34,274.3 33,990.6 0.8 36,737.0 35,937.9 2.2Windsor-Essex 783.4 722.3 8.5 829.7 756.8 9.6 719.9 664.6 8.3 762.9 698.4 9.2Trois Rivières CMA‡ 130.6 138.6 -5.7 137.3 148.0 -7.2 114.1 120.9 -5.6 121.3 130.2 -6.8Montreal CMA 9,326.3 10,488.2 -11.1 9,793.8 10,931.2 -10.4 8,837.8 9,860.4 -10.4 9,300.8 10,305.8 -9.8Gatineau CMA 685.8 737.3 -7.0 737.5 793.1 -7.0 650.6 699.6 -7.0 707.6 759.2 -6.8Quebec CMA 1,398.1 1,496.1 -6.5 1,435.3 1,560.8 -8.0 1,293.5 1,412.8 -8.4 1,340.6 1,482.7 -9.6Saguenay CMA 188.7 209.6 -10.0 196.3 229.1 -14.3 179.9 200.7 -10.4 188.2 219.5 -14.2Sherbrooke CMA 316.8 308.9 2.6 329.7 341.6 -3.5 289.5 279.6 3.5 303.2 309.7 -2.1Saint John 234.2 238.5 -1.8 248.5 242.1 2.7 208.4 211.9 -1.7 222.0 217.9 1.9Halifax-Dartmouth 1,109.4 1,355.6 -18.2 1,198.3 1,452.4 -17.5 1,075.0 1,311.2 -18.0 1,160.9 1,407.8 -17.5Newfoundland & Labrador 981.8 985.5 -0.4 933.7 966.4 -3.4 935.0 942.5 -0.8 891.4 924.8 -3.6Canada 135,308.9 133,211.4 1.6 144,856.5 140,932.1 2.8 128,657.3 126,422.8 1.8 138,140.8 133,979.2 3.1

* 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 9,982 10,884 -8.3 10,575 11,317 -6.6 9,404 10,165 -7.5 9,977 10,657 -6.4Vancouver 21,277 20,055 6.1 22,428 21,104 6.3 20,743 19,629 5.7 21,907 20,571 6.5Victoria 4,448 4,526 -1.7 4,719 4,725 -0.1 4,242 4,294 -1.2 4,518 4,515 0.1Calgary 23,091 21,030 9.8 24,897 22,409 11.1 22,036 20,034 10.0 23,807 21,356 11.5Edmonton 16,298 15,212 7.1 17,583 16,268 8.1 14,450 13,434 7.6 15,663 14,358 9.1Regina 2,829 3,185 -11.2 3,016 3,340 -9.7 2,744 3,089 -11.2 2,927 3,233 -9.5Saskatoon 4,218 4,302 -2.0 4,514 4,511 0.1 4,100 4,160 -1.4 4,410 4,367 1.0Winnipeg 9,530 9,769 -2.4 10,234 10,427 -1.9 8,949 9,072 -1.4 9,562 9,696 -1.4Hamilton-Burlington 10,384 10,376 0.1 11,078 10,927 1.4 9,920 9,948 -0.3 10,603 10,502 1.0Kitchener-Waterloo 5,224 5,156 1.3 5,585 5,452 2.4 4,867 4,748 2.5 5,215 5,029 3.7London and St Thomas 6,256 6,585 -5.0 6,725 7,052 -4.6 6,006 6,262 -4.1 6,467 6,710 -3.6Ottawa 10,858 11,309 -4.0 11,736 12,176 -3.6 10,549 10,970 -3.8 11,428 11,839 -3.5St. Catharines 2,039 2,140 -4.7 2,188 2,269 -3.6 1,919 2,000 -4.1 2,071 2,128 -2.7Sudbury 1,923 2,101 -8.5 2,052 2,220 -7.6 1,743 1,917 -9.1 1,872 2,017 -7.2Thunder Bay 1,708 1,762 -3.1 1,818 1,832 -0.8 1,491 1,527 -2.4 1,607 1,612 -0.3Toronto† 66,273 68,066 -2.6 70,477 71,778 -1.8 66,246 68,081 -2.7 70,477 71,778 -1.8Windsor-Essex 4,292 4,134 3.8 4,521 4,307 5.0 4,027 3,858 4.4 4,247 4,041 5.1Trois Rivières CMA‡ 779 842 -7.5 812 903 -10.1 722 777 -7.1 764 839 -8.9Montreal CMA 28,857 32,137 -10.2 30,228 33,776 -10.5 27,808 30,954 -10.2 29,236 32,622 -10.4Gatineau CMA 2,844 3,057 -7.0 3,057 3,367 -9.2 2,714 2,913 -6.8 2,905 3,183 -8.7Quebec CMA 5,146 5,749 -10.5 5,296 6,057 -12.6 4,869 5,501 -11.5 5,030 5,798 -13.2Saguenay CMA 1,005 1,177 -14.6 1,070 1,296 -17.4 916 1,076 -14.9 990 1,191 -16.9Sherbrooke CMA 1,416 1,443 -1.9 1,482 1,637 -9.5 1,304 1,290 1.1 1,350 1,451 -7.0Saint John 1,398 1,459 -4.2 1,482 1,505 -1.5 1,203 1,240 -3.0 1,273 1,286 -1.0Halifax-Dartmouth 4,165 5,179 -19.6 4,449 5,484 -18.9 3,893 4,870 -20.1 4,196 5,178 -19.0Newfoundland & Labrador 3,566 3,905 -8.7 3,404 3,796 -10.3 3,277 3,562 -8.0 3,136 3,480 -9.9Canada 363,053 370,927 -2.1 385,745 391,252 -1.4 340,980 347,403 -1.8 363,292 367,257 -1.1



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

Sales Activity





change

Fraser Valley 22,130 23,744 -6.8 24,214 25,890 -6.5 19,594 21,299 -8.0 21,572 23,335 -7.6Vancouver 43,689 48,081 -9.1 48,978 53,565 -8.6 41,543 45,937 -9.6 46,699 51,279 -8.9Victoria 9,625 10,759 -10.5 10,680 11,927 -10.5 8,587 9,717 -11.6 9,577 10,841 -11.7Calgary 35,632 36,227 -1.6 39,891 40,076 -0.5 31,835 32,265 -1.3 35,668 35,660 0.0Edmonton 28,558 30,423 -6.1 31,885 33,660 -5.3 22,735 24,082 -5.6 25,406 26,537 -4.3Regina 5,552 5,013 10.8 6,265 5,643 11.0 5,271 4,692 12.3 5,949 5,279 12.7Saskatoon 8,725 8,015 8.9 9,745 8,908 9.4 8,249 7,483 10.2 9,270 8,398 10.4Winnipeg 14,830 13,936 6.4 16,758 15,480 8.3 13,170 12,409 6.1 14,916 13,811 8.0Hamilton-Burlington 15,335 15,206 0.8 16,913 16,612 1.8 14,030 13,972 0.4 15,530 15,301 1.5Kitchener-Waterloo 9,895 10,109 -2.1 10,838 11,033 -1.8 8,394 8,682 -3.3 9,263 9,513 -2.6London and St Thomas 13,981 14,048 -0.5 15,303 15,253 0.3 12,226 12,199 0.2 13,455 13,336 0.9Ottawa 23,618 22,355 5.6 26,362 24,846 6.1 22,345 21,124 5.8 25,052 23,582 6.2St. Catharines 3,822 3,826 -0.1 4,155 4,158 -0.1 3,362 3,376 -0.4 3,665 3,670 -0.1Sudbury 4,273 3,981 7.3 4,699 4,331 8.5 3,328 3,165 5.2 3,681 3,454 6.6Thunder Bay 2,709 2,648 2.3 3,020 2,867 5.3 2,117 2,132 -0.7 2,392 2,341 2.2Toronto† 118,000 120,243 -1.9 130,732 131,795 -0.8 118,060 120,201 -1.8 130,732 131,795 -0.8Windsor-Essex 8,610 8,646 -0.4 9,297 9,290 0.1 7,111 7,075 0.5 7,667 7,591 1.0Trois Rivières CMA‡ 1,684 1,535 9.7 1,758 1,643 7.0 1,500 1,324 13.3 1,566 1,432 9.4Montreal CMA 62,295 62,189 0.2 65,274 65,256 0.0 58,659 58,118 0.9 61,554 61,184 0.6Gatineau CMA 6,610 6,206 6.5 7,206 6,967 3.4 6,069 5,688 6.7 6,572 6,296 4.4Quebec CMA 10,648 10,478 1.6 11,090 10,950 1.3 9,692 9,540 1.6 10,108 10,009 1.0Saguenay CMA 2,229 2,227 0.1 2,418 2,498 -3.2 1,967 1,801 9.2 2,154 2,053 4.9Sherbrooke CMA 2,932 2,939 -0.2 3,088 3,341 -7.6 2,522 2,531 -0.4 2,644 2,842 -7.0Saint John 4,383 4,453 -1.6 4,882 4,941 -1.2 3,187 3,326 -4.2 3,546 3,729 -4.9Halifax-Dartmouth 9,299 9,077 2.4 10,391 10,062 3.3 8,053 7,812 3.1 9,048 8,731 3.6Newfoundland & Labrador 9,217 8,422 9.4 10,037 9,187 9.3 7,442 6,864 8.4 8,092 7,490 8.0Canada 738,163 749,547 -1.5 811,932 820,003 -1.0 650,232 659,693 -1.4 717,181 723,452 -0.9



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

New Listings





change

Fraser Valley 477,549 481,838 -0.9 485,751 487,132 -0.3 481,026 485,032 -0.8 488,339 489,126 -0.2Vancouver 756,191 727,911 3.9 761,952 735,036 3.7 759,422 728,712 4.2 764,408 736,085 3.8Victoria 474,488 473,366 0.2 476,568 475,490 0.2 481,001 482,420 -0.3 484,189 485,027 -0.2Calgary 448,008 425,816 5.2 450,258 429,100 4.9 433,714 406,989 6.6 436,241 411,075 6.1Edmonton 352,412 341,895 3.1 354,569 344,397 3.0 342,564 331,008 3.5 346,631 335,422 3.3Regina 323,102 301,207 7.3 326,324 306,648 6.4 310,439 296,053 4.9 313,778 299,999 4.6Saskatoon 332,589 313,901 6.0 333,731 318,693 4.7 330,964 312,411 5.9 332,087 317,557 4.6Winnipeg 254,958 241,735 5.5 257,894 244,732 5.4 264,175 250,276 5.6 266,646 253,720 5.1Hamilton-Burlington 386,632 359,597 7.5 391,314 363,384 7.7 380,690 355,211 7.2 386,098 359,822 7.3Kitchener-Waterloo 347,788 330,940 5.1 348,544 329,294 5.8 325,485 313,275 3.9 326,291 313,167 4.2London and St Thomas 253,532 246,691 2.8 255,043 247,932 2.9 245,605 238,201 3.1 247,662 240,750 2.9Ottawa 348,761 345,312 1.0 353,801 348,896 1.4 354,873 350,947 1.1 359,358 354,099 1.5St. Catharines 267,702 259,693 3.1 267,737 261,011 2.6 255,533 253,307 0.9 257,893 255,484 0.9Sudbury 238,541 233,159 2.3 240,185 235,640 1.9 246,305 240,118 2.6 248,164 242,662 2.3Thunder Bay 185,529 169,965 9.2 188,683 175,442 7.5 192,330 177,080 8.6 195,954 183,270 6.9Toronto† 516,341 494,850 4.3 521,262 500,681 4.1 516,425 495,046 4.3 521,262 500,681 4.1Windsor-Essex 182,311 175,156 4.1 183,516 175,711 4.4 177,466 171,016 3.8 179,642 172,816 3.9Trois Rivières CMA‡ 168,294 163,088 3.2 n/a n/a - 159,207 156,086 2.0 159,356 156,448 1.9Montreal CMA 326,992 327,275 -0.1 n/a n/a - 326,345 326,289 0.0 323,271 319,196 1.3Gatineau CMA 240,300 234,466 2.5 n/a n/a - 242,077 240,424 0.7 243,598 239,697 1.6Quebec CMA 270,979 257,872 5.1 n/a n/a - 268,783 258,474 4.0 268,084 257,621 4.1Saguenay CMA 183,014 175,596 4.2 n/a n/a - 191,350 186,038 2.9 191,820 186,060 3.1Sherbrooke CMA 225,308 213,028 5.8 n/a n/a - 228,014 218,160 4.5 222,032 212,862 4.3Saint John 165,967 160,812 3.2 167,708 160,870 4.3 172,591 169,565 1.8 174,409 169,435 2.9Halifax-Dartmouth 267,489 261,894 2.1 269,340 264,840 1.7 275,255 268,788 2.4 276,671 271,876 1.8Newfoundland & Labrador 274,551 254,632 7.8 274,289 254,590 7.7 285,474 266,126 7.3 284,237 265,747 7.0Canada 371,999 357,423 4.1 375,524 360,208 4.3 376,700 361,955 4.1 380,247 364,810 4.2

* 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*



Sep 2013 YTD Sep 2012 YTD change Sep 2013 YTD Sep 2012 YTD change Sep 2013 YTD Sep 2012 YTD change Sep 2013 YTD Sep 2012 YTD change

Fraser Valley 45.1 45.8 -0.7 43.7 43.7 0.0 48.0 47.7 0.3 46.2 45.7 0.5Vancouver 48.7 41.7 7.0 45.8 39.4 6.4 49.9 42.7 7.2 46.9 40.1 6.8Victoria 46.2 42.1 4.1 44.2 39.6 4.6 49.4 44.2 5.2 47.2 41.6 5.6Calgary 64.8 58.1 6.7 62.4 55.9 6.5 69.2 62.1 7.1 66.7 59.9 6.8Edmonton 57.1 50.0 7.1 55.1 48.3 6.8 63.6 55.8 7.8 61.7 54.1 7.6Regina 51.0 63.5 -12.5 48.1 59.2 -11.1 52.1 65.8 -13.7 49.2 61.2 -12.0Saskatoon 48.3 53.7 -5.4 46.3 50.6 -4.3 49.7 55.6 -5.9 47.6 52.0 -4.4Winnipeg 64.3 70.1 -5.8 61.1 67.4 -6.3 67.9 73.1 -5.2 64.1 70.2 -6.1Hamilton-Burlington 67.7 68.2 -0.5 65.5 65.8 -0.3 70.7 71.2 -0.5 68.3 68.6 -0.3Kitchener-Waterloo 52.8 51.0 1.8 51.5 49.4 2.1 58.0 54.7 3.3 56.3 52.9 3.4London and St Thomas 44.7 46.9 -2.2 43.9 46.2 -2.3 49.1 51.3 -2.2 48.1 50.3 -2.2Ottawa 46.0 50.6 -4.6 44.5 49.0 -4.5 47.2 51.9 -4.7 45.6 50.2 -4.6St. Catharines 53.3 55.9 -2.6 52.7 54.6 -1.9 57.1 59.2 -2.1 56.5 58.0 -1.5Sudbury 45.0 52.8 -7.8 43.7 51.3 -7.6 52.4 60.6 -8.2 50.9 58.4 -7.5Thunder Bay 63.0 66.5 -3.5 60.2 63.9 -3.7 70.4 71.6 -1.2 67.2 68.9 -1.7Toronto† 56.2 56.6 -0.4 53.9 54.5 -0.6 56.1 56.6 -0.5 53.9 54.5 -0.6Windsor-Essex 49.8 47.8 2.0 48.6 46.4 2.2 56.6 54.5 2.1 55.4 53.2 2.2Trois Rivières CMA‡ 46.3 54.9 -8.6 46.2 55.0 -8.8 48.1 58.7 -10.6 48.8 58.6 -9.8Montreal CMA 46.3 51.7 -5.4 46.3 51.8 -5.5 47.4 53.3 -5.9 47.5 53.3 -5.8Gatineau CMA 43.0 49.3 -6.3 42.4 48.3 -5.9 44.7 51.2 -6.5 44.2 50.6 -6.4Quebec CMA 48.3 54.9 -6.6 47.8 55.3 -7.5 50.2 57.7 -7.5 49.8 57.9 -8.1Saguenay CMA 45.1 52.9 -7.8 44.3 51.9 -7.6 46.6 59.7 -13.1 46.0 58.0 -12.0Sherbrooke CMA 48.3 49.1 -0.8 48.0 49.0 -1.0 51.7 51.0 0.7 51.1 51.1 0.0Saint John 31.9 32.8 -0.9 30.4 30.5 -0.1 37.7 37.3 0.4 35.9 34.5 1.4Halifax-Dartmouth 44.8 57.1 -12.3 42.8 54.5 -11.7 48.3 62.3 -14.0 46.4 59.3 -12.9Newfoundland & Labrador 38.7 46.4 -7.7 33.9 41.3 -7.4 44.0 51.9 -7.9 38.8 46.5 -7.7Canada 49.2 49.5 -0.3 47.5 47.7 -0.2 52.4 52.7 -0.3 50.7 50.8 -0.1



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

Sales as a Percentage of New Listings


September 2013


percentage change


percentage change


percentage change


percentage change

British Columbia 3,980.1 3,840.3 3.6 3,627.1 2,359.3 53.7 3,816.6 3,693.4 3.3 3,487.4 2,243.2 55.5Alberta 2,513.7 2,460.2 2.2 2,414.0 1,943.4 24.2 2,278.1 2,270.8 0.3 2,171.2 1,674.1 29.7Saskatchewan 367.3 357.5 2.7 365.5 315.8 15.7 338.7 330.9 2.3 340.6 300.3 13.5Manitoba 304.5 319.8 -4.8 309.7 282.8 9.5 292.0 308.3 -5.3 294.7 268.7 9.7Ontario 7,441.4 7,274.2 2.3 6,980.4 5,552.2 25.7 7,238.2 7,081.4 2.2 6,766.5 5,333.7 26.9Quebec‡ 1,688.3 1,710.2 -1.3 1,381.3 1,324.3 4.3 1,594.4 1,614.1 -1.2 1,282.8 1,224.6 4.8New Brunswick 90.2 95.5 -5.5 90.4 89.9 0.6 83.4 90.0 -7.4 83.7 83.5 0.2Nova Scotia 175.4 199.1 -11.9 164.8 174.5 -5.6 163.9 185.5 -11.6 151.3 163.7 -7.6Prince Edward Island 21.6 15.5 39.8 25.2 27.6 -8.9 16.8 17.1 -1.7 19.6 22.5 -12.8Newfoundland & Labrador 107.2 107.0 0.2 121.5 109.9 10.6 100.0 100.0 0.0 110.8 106.5 4.1Northwest Territories 5.2 2.2 135.7 7.2 6.9 4.7 5.3 1.1 397.7 7.2 6.9 4.7Yukon 5.0 8.8 -43.5 5.3 12.1 -56.5 5.5 8.9 -38.3 5.3 12.1 -56.5Canada 16,699.9 16,390.2 1.9 15,492.4 12,198.7 27.0 15,932.9 15,701.5 1.5 14,721.2 11,439.7 28.7


percentage change


percentage change


percentage change


percentage change

British Columbia 7,405 7,145 3.6 6,923 4,943 40.1 7,009 6,685 4.8 6,498 4,539 43.2Alberta 6,357 6,314 0.7 6,197 5,096 21.6 5,890 5,893 -0.1 5,694 4,714 20.8Saskatchewan 1,234 1,202 2.7 1,269 1,160 9.4 1,163 1,148 1.3 1,189 1,099 8.2Manitoba 1,224 1,274 -3.9 1,279 1,202 6.4 1,137 1,190 -4.5 1,183 1,122 5.4Ontario 18,464 18,285 1.0 17,659 14,984 17.9 17,613 17,452 0.9 16,776 14,153 18.5Quebec‡ 6,613 6,650 -0.6 5,354 5,143 4.1 6,218 6,249 -0.5 4,971 4,702 5.7New Brunswick 579 628 -7.8 607 635 -4.4 504 548 -8.0 524 553 -5.2Nova Scotia 870 957 -9.1 860 914 -5.9 760 825 -7.9 722 781 -7.6Prince Edward Island 138 100 38.0 178 218 -18.3 114 93 22.6 137 155 -11.6Newfoundland & Labrador 380 382 -0.5 449 435 3.2 352 349 0.9 412 392 5.1Northwest Territories 15 6 150.0 21 17 23.5 14 5 180.0 21 17 23.5Yukon 19 26 -26.9 20 33 -39.4 19 27 -29.6 20 33 -39.4Canada 43,298 42,969 0.8 40,816 34,780 17.4 40,793 40,464 0.8 38,147 32,260 18.2

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


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

Dollar Volume*

s.a.2 nsa3

ResidentialTotal1

s.a.2 nsa3

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

Sales Activity

Total1 Residential

September 2013


percentage change


percentage change


percentage change


percentage change

British Columbia 14,233 14,304 -0.5 14,159 15,022 -5.7 12,239 12,510 -2.2 12,442 13,286 -6.4Alberta 10,008 10,254 -2.4 9,728 9,482 2.6 8,599 8,763 -1.9 8,380 8,180 2.4Saskatchewan 2,648 2,635 0.5 2,740 2,413 13.6 2,424 2,398 1.1 2,542 2,160 17.7Manitoba 2,070 2,069 0.0 2,394 1,911 25.3 1,868 1,840 1.5 2,174 1,714 26.8Ontario 33,498 34,105 -1.8 35,688 34,755 2.7 30,286 30,776 -1.6 32,696 31,889 2.5Quebec‡ 14,575 14,889 -2.1 14,933 14,462 3.3 13,018 13,297 -2.1 13,320 13,014 2.4New Brunswick 1,654 1,567 5.6 1,543 1,485 3.9 1,293 1,237 4.5 1,223 1,142 7.1Nova Scotia 2,315 2,299 0.7 2,126 1,961 8.4 1,805 1,738 3.9 1,710 1,520 12.5Prince Edward Island 471 459 2.6 397 340 16.8 298 293 1.7 257 224 14.7Newfoundland & Labrador 1,053 1,065 -1.1 1,022 854 19.7 830 861 -3.6 842 717 17.4Northwest Territories 15 28 -46.4 16 18 -11.1 15 27 -44.4 16 17 -5.9Yukon 65 45 44.4 63 49 28.6 51 42 21.4 52 47 10.6Canada 82,605 83,719 -1.3 84,809 82,752 2.5 72,726 73,782 -1.4 75,654 73,910 2.4


percentage change


percentage change


percentage change


percentage change

British Columbia 543,419 535,949 1.4 523,927 477,310 9.8 554,376 548,553 1.1 536,682 494,213 8.6Alberta 391,530 397,938 -1.6 389,548 381,364 2.1 384,305 387,209 -0.7 381,308 355,127 7.4Saskatchewan 297,992 298,854 -0.3 288,027 272,262 5.8 291,600 289,372 0.8 286,496 273,209 4.9Manitoba 249,336 252,310 -1.2 242,116 235,272 2.9 256,635 259,296 -1.0 249,148 239,517 4.0Ontario 402,199 397,373 1.2 395,290 370,544 6.7 409,457 404,133 1.3 403,347 376,857 7.0Quebec‡ 263,447 267,522 -1.5 n/a n/a - 266,640 267,574 -0.3 267,131 270,259 -1.2New Brunswick 155,695 153,194 1.6 148,961 141,565 5.2 163,553 164,114 -0.3 159,702 151,030 5.7Nova Scotia 204,335 206,410 -1.0 191,591 190,890 0.4 218,423 219,894 -0.7 209,567 209,568 0.0Prince Edward Island 143,948 140,308 2.6 141,340 126,627 11.6 143,354 159,432 -10.1 143,354 145,380 -1.4Newfoundland & Labrador 276,411 281,211 -1.7 270,662 252,598 7.2 276,123 286,205 -3.5 269,036 271,572 -0.9Northwest Territories 341,514 319,100 7.0 341,514 403,019 -15.3 341,514 318,363 7.3 341,514 403,019 -15.3Yukon 277,585 351,913 -21.1 263,490 366,728 -28.2 275,025 353,768 -22.3 263,490 366,728 -28.2Canada 388,296 383,144 1.3 379,567 350,740 8.2 393,192 387,924 1.4 385,906 354,608 8.8

* 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


Average Price*


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

September 2013


change

British Columbia 52.0 50.0 2.0 43.5 41.2 2.3 57.3 53.4 3.9 47.0 44.0 3.0Alberta 63.5 61.6 1.9 57.7 52.3 5.4 68.5 67.2 1.3 63.0 57.3 5.7Saskatchewan 46.6 45.6 1.0 47.9 53.6 -5.7 48.0 47.9 0.1 49.7 56.1 -6.4Manitoba 59.1 61.6 -2.5 63.1 69.6 -6.5 60.9 64.7 -3.8 66.2 72.8 -6.6Ontario 55.1 53.6 1.5 51.3 53.2 -1.9 58.2 56.7 1.5 54.0 55.9 -1.9Quebec‡ 45.4 44.7 0.7 43.9 47.8 -3.9 47.8 47.0 0.8 46.0 50.4 -4.4New Brunswick 35.0 40.1 -5.1 36.3 37.8 -1.5 39.0 44.3 -5.3 41.1 42.6 -1.5Nova Scotia 37.6 41.6 -4.0 39.3 46.4 -7.1 42.1 47.5 -5.4 44.6 53.1 -8.5Prince Edward Island 29.3 21.8 7.5 35.7 45.7 -10.0 38.3 31.7 6.6 42.9 52.4 -9.5Newfoundland & Labrador 36.1 35.9 0.2 38.2 46.5 -8.3 42.4 40.5 1.9 43.4 52.1 -8.7Northwest Territories 100.0 21.4 78.6 54.3 80.7 -26.4 93.3 18.5 74.8 54.5 82.5 -28.0Yukon 29.2 57.8 -28.6 47.7 49.4 -1.7 37.3 64.3 -27.0 50.5 51.3 -0.8Canada 52.4 51.3 1.1 48.7 49.7 -1.0 56.1 54.8 1.3 52.0 52.9 -0.9


change

British Columbia 6.5 6.8 -0.3 10.7 10.8 -0.1 6.9 7.3 -0.4 8.8 8.9 -0.1Alberta 3.2 3.3 -0.1 5.3 6.4 -1.2 3.5 3.6 -0.1 4.1 5.0 -0.9Saskatchewan 6.3 6.3 0.0 7.1 6.2 0.8 6.7 6.6 0.1 6.2 5.4 0.8Manitoba 2.9 2.8 0.1 3.5 3.1 0.4 3.1 2.9 0.2 2.8 2.5 0.3Ontario 3.6 3.6 0.0 5.0 4.8 0.2 3.8 3.8 0.0 4.1 3.9 0.2Quebec‡ 10.9 10.8 0.1 13.1 11.0 2.0 11.5 11.5 0.0 11.6 9.6 2.0New Brunswick 10.8 9.8 1.0 16.2 14.6 1.6 12.4 11.3 1.1 11.9 10.7 1.2Nova Scotia 10.4 9.3 1.1 16.1 13.0 3.1 11.9 10.8 1.1 11.2 8.8 2.4Prince Edward Island 12.7 17.2 -4.5 22.3 18.0 4.3 15.4 18.5 -3.1 13.8 11.8 2.1Newfoundland & Labrador 7.7 7.4 0.3 10.4 8.5 1.8 8.3 8.1 0.2 7.6 6.2 1.4Northwest Territories 4.0 12.7 -8.7 4.3 2.5 1.7 4.3 15.2 -10.9 4.0 2.1 1.9Yukon 13.7 10.2 3.5 13.4 10.1 3.2 13.7 9.8 3.9 12.2 8.7 3.5Canada 5.5 5.6 -0.1 7.8 7.4 0.3 5.8 5.9 -0.1 6.4 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


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

Months of Inventory*





change

British Columbia 29,292.9 28,371.7 3.2 31,305.8 29,756.0 5.2 27,976.0 26,989.4 3.7 30,013.5 28,389.5 5.7Alberta 20,450.5 18,397.0 11.2 22,103.4 19,734.1 12.0 18,534.4 16,468.3 12.5 20,116.8 17,663.5 13.9Saskatchewan 3,110.3 3,109.8 0.0 3,342.0 3,310.8 0.9 2,873.0 2,905.0 -1.1 3,110.7 3,095.7 0.5Manitoba 2,717.7 2,673.4 1.7 2,927.5 2,877.1 1.8 2,617.1 2,555.7 2.4 2,820.1 2,761.9 2.1Ontario 60,845.8 59,980.4 1.4 65,436.7 63,697.1 2.7 58,979.8 58,173.1 1.4 63,532.5 61,843.7 2.7Quebec‡ 15,137.3 16,571.2 -8.7 15,853.1 17,288.7 -8.3 14,179.9 15,503.2 -8.5 14,913.4 16,231.1 -8.1New Brunswick 834.1 849.2 -1.8 898.9 903.9 -0.6 766.6 783.0 -2.1 830.7 838.0 -0.9Nova Scotia 1,609.7 1,903.7 -15.4 1,723.0 2,021.7 -14.8 1,501.4 1,781.2 -15.7 1,611.0 1,900.4 -15.2Prince Edward Island 211.9 237.1 -10.6 208.8 236.8 -11.8 180.8 193.2 -6.4 179.2 193.2 -7.3Newfoundland & Labrador 981.8 985.5 -0.4 933.7 966.4 -3.4 935.0 942.5 -0.8 891.4 924.8 -3.6Northwest Territories 40.9 42.4 -3.6 44.7 45.3 -1.5 40.0 40.4 -1.0 44.4 45.2 -1.8Yukon 75.9 90.0 -15.7 79.0 94.0 -16.0 73.4 87.8 -16.4 77.2 92.1 -16.2Canada 135,308.9 133,211.4 1.6 144,856.5 140,932.1 2.8 128,657.3 126,422.8 1.8 138,140.8 133,979.2 3.1



change

British Columbia 56,672 55,992 1.2 60,093 58,581 2.6 52,988 52,071 1.8 56,347 54,670 3.1Alberta 52,798 49,542 6.6 56,821 52,774 7.7 48,924 45,649 7.2 52,794 48,665 8.5Saskatchewan 10,616 11,378 -6.7 11,342 11,955 -5.1 10,047 10,712 -6.2 10,764 11,256 -4.4Manitoba 10,899 11,314 -3.7 11,693 12,081 -3.2 10,237 10,534 -2.8 10,923 11,259 -3.0Ontario 155,256 158,631 -2.1 165,857 167,919 -1.2 147,935 151,063 -2.1 158,329 160,111 -1.1Quebec‡ 58,134 63,218 -8.0 60,672 66,479 -8.7 54,479 59,250 -8.1 57,113 62,502 -8.6New Brunswick 5,410 5,616 -3.7 5,749 5,911 -2.7 4,740 4,862 -2.5 5,067 5,161 -1.8Nova Scotia 7,886 9,201 -14.3 8,318 9,634 -13.7 6,872 8,072 -14.9 7,330 8,507 -13.8Prince Edward Island 1,488 1,769 -15.9 1,444 1,739 -17.0 1,159 1,275 -9.1 1,141 1,269 -10.1Newfoundland & Labrador 3,566 3,905 -8.7 3,404 3,796 -10.3 3,277 3,562 -8.0 3,136 3,480 -9.9Northwest Territories 103 106 -2.8 113 114 -0.9 98 104 -5.8 112 113 -0.9Yukon 225 255 -11.8 239 269 -11.2 224 249 -10.0 236 264 -10.6Canada 363,053 370,927 -2.1 385,745 391,252 -1.4 340,980 347,403 -1.8 363,292 367,257 -1.1

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


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

Dollar Volume*


Sales Activity





change

British Columbia 127,111 138,027 -7.9 141,167 152,973 -7.7 109,962 120,695 -8.9 122,740 134,279 -8.6Alberta 90,823 93,607 -3.0 101,353 103,273 -1.9 77,393 78,885 -1.9 86,495 86,995 -0.6Saskatchewan 22,146 20,815 6.4 24,805 23,146 7.2 20,113 18,670 7.7 22,669 20,885 8.5Manitoba 17,243 16,332 5.6 19,486 18,100 7.7 15,350 14,599 5.1 17,382 16,218 7.2Ontario 299,514 299,783 -0.1 331,585 329,666 0.6 271,464 271,813 -0.1 301,392 299,605 0.6Quebec‡ 132,458 133,252 -0.6 139,246 140,017 -0.6 118,339 118,472 -0.1 124,663 124,860 -0.2New Brunswick 14,896 14,935 -0.3 16,491 16,567 -0.5 11,483 11,458 0.2 12,696 12,742 -0.4Nova Scotia 20,057 19,976 0.4 22,380 22,086 1.3 15,470 15,232 1.6 17,390 16,994 2.3Prince Edward Island 4,036 3,742 7.9 4,636 4,262 8.8 2,587 2,386 8.4 2,952 2,699 9.4Newfoundland & Labrador 9,217 8,422 9.4 10,037 9,187 9.3 7,442 6,864 8.4 8,092 7,490 8.0Northwest Territories 197 124 58.9 227 139 63.3 196 119 64.7 224 135 65.9Yukon 465 532 -12.6 519 587 -11.6 433 500 -13.4 486 550 -11.6Canada 738,163 749,547 -1.5 811,932 820,003 -1.0 650,232 659,693 -1.4 717,181 723,452 -0.9



change

British Columbia 518,488 505,013 2.7 520,956 507,947 2.6 529,882 516,082 2.7 532,655 519,289 2.6Alberta 387,288 371,555 4.2 389,000 373,936 4.0 378,585 359,634 5.3 381,043 362,961 5.0Saskatchewan 293,154 273,917 7.0 294,653 276,942 6.4 285,852 270,458 5.7 288,991 275,026 5.1Manitoba 247,657 235,316 5.2 250,364 238,154 5.1 255,626 242,014 5.6 258,179 245,306 5.2Ontario 390,396 374,610 4.2 394,537 379,332 4.0 396,822 381,421 4.0 401,269 386,255 3.9Quebec‡ 262,182 260,935 0.5 n/a n/a - 270,691 271,146 -0.2 267,095 262,792 1.6New Brunswick 153,262 150,055 2.1 156,360 152,917 2.3 160,734 159,008 1.1 163,945 162,367 1.0Nova Scotia 204,632 206,458 -0.9 207,140 209,849 -1.3 217,018 219,415 -1.1 219,776 223,398 -1.6Prince Edward Island 142,722 135,272 5.5 144,605 136,149 6.2 156,558 152,036 3.0 157,077 152,284 3.1Newfoundland & Labrador 274,551 254,632 7.8 274,289 254,590 7.7 285,474 266,126 7.3 284,237 265,747 7.0Northwest Territories 395,424 395,058 0.1 395,417 397,752 -0.6 396,224 396,263 0.0 396,046 399,635 -0.9Yukon 327,393 346,077 -5.4 330,381 349,491 -5.5 322,557 347,573 -7.2 327,080 348,840 -6.2Canada 371,999 357,423 4.1 375,524 360,208 4.3 376,700 361,955 4.1 380,247 364,810 4.2

* 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


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

New Listings


Average Price*




British Columbia 44.6 40.6 4.0 42.6 38.3 4.3 48.2 43.1 5.1 45.9 40.7 5.2Alberta 58.1 52.9 5.2 56.1 51.1 5.0 63.2 57.9 5.3 61.0 55.9 5.1Saskatchewan 47.9 54.7 -6.8 45.7 51.7 -6.0 50.0 57.4 -7.4 47.5 53.9 -6.4Manitoba 63.2 69.3 -6.1 60.0 66.7 -6.7 66.7 72.2 -5.5 62.8 69.4 -6.6Ontario 51.8 52.9 -1.1 50.0 50.9 -0.9 54.5 55.6 -1.1 52.5 53.4 -0.9Quebec‡ 43.9 47.4 -3.5 43.6 47.5 -3.9 46.0 50.0 -4.0 45.8 50.1 -4.3New Brunswick 36.3 37.6 -1.3 34.9 35.7 -0.8 41.3 42.4 -1.1 39.9 40.5 -0.6Nova Scotia 39.3 46.1 -6.8 37.2 43.6 -6.4 44.4 53.0 -8.6 42.2 50.1 -7.9Prince Edward Island 36.9 47.3 -10.4 31.1 40.8 -9.7 44.8 53.4 -8.6 38.7 47.0 -8.3Newfoundland & Labrador 38.7 46.4 -7.7 33.9 41.3 -7.4 44.0 51.9 -7.9 38.8 46.5 -7.7Northwest Territories 52.3 85.5 -33.2 49.8 82.0 -32.2 50.0 87.4 -37.4 50.0 83.7 -33.7Yukon 48.4 47.9 0.5 46.1 45.8 0.3 51.7 49.8 1.9 48.6 48.0 0.6Canada 49.2 49.5 -0.3 47.5 47.7 -0.2 52.4 52.7 -0.3 50.7 50.8 -0.1


British Columbia 8.0 8.4 -0.4 10.1 10.7 -0.6 8.5 9.0 -0.5 8.3 8.9 -0.6Alberta 3.7 4.5 -0.8 4.9 6.0 -1.1 4.0 4.8 -0.8 3.8 4.7 -0.9Saskatchewan 6.0 4.9 1.1 6.9 5.9 1.0 6.3 5.2 1.1 6.1 5.1 1.0Manitoba 2.7 2.4 0.3 3.4 3.0 0.4 2.9 2.5 0.4 2.8 2.5 0.3Ontario 3.9 3.7 0.2 4.9 4.7 0.2 4.1 3.9 0.2 3.9 3.8 0.1Quebec‡ 10.8 9.1 1.7 12.7 10.8 1.9 11.6 9.7 1.9 11.2 9.4 1.8New Brunswick 10.5 9.3 1.2 15.7 14.3 1.4 12.0 10.8 1.2 11.6 10.5 1.1Nova Scotia 9.9 7.7 2.2 15.8 12.7 3.1 11.4 8.8 2.6 11.1 8.6 2.5Prince Edward Island 10.3 8.3 2.0 22.9 18.3 4.6 13.3 11.5 1.8 14.0 12.0 2.0Newfoundland & Labrador 7.0 5.7 1.3 11.1 9.0 2.1 7.6 6.2 1.4 8.2 6.6 1.6Northwest Territories 4.6 2.0 2.6 4.6 2.4 2.2 4.9 2.0 2.9 4.4 2.0 2.4Yukon 11.7 9.0 2.7 12.5 10.5 2.0 11.8 9.2 2.6 11.5 9.1 2.4Canada 5.9 5.7 0.2 7.5 7.2 0.3 6.3 6.0 0.3 6.1 5.9 0.2

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


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


Months of Inventory


the canadian real estate association ews release · the trademars mls ®, multiple listing service...

Documents