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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 activity posted its third consecutive month-over-month decline in December 2013.

Highlights: • National home sales fell 1.8% from November to December.• Actual (not seasonally adjusted) activity stood 12.9% above weak December 2012 levels.• The number of newly listed homes dropped 4.3% from November to December.• The Canadian housing market remains in balanced territory.• The national average sale price rose 10.4% on a year-over-year basis in December.• The MLS® Home Price Index (HPI) rose 4.3% year-over-year in December.

The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations and other co-operative listing systems was down 1.8 per cent on a month-over-month basis in December 2013, marking the third straight monthly decline. Activity now stands 5.2 per cent below the peak reached in September 2013 (Chart A).

Sales were down on a month-over-month basis in about 60 per cent of all local markets in December, with declines in Calgary, Edmonton, and Greater Toronto more than offsetting gains in Greater Vancouver and the Fraser Valley, as well as a sizeable rebound from a quiet November in St. Catherines.

“Activity has gradually eased back from stronger than expected levels last summer and is now roughly in line with the ten year monthly average,” said CREA President Laura Leyser. “We’ll likely continue getting mixed signals in the months ahead, with positive year-over-year comparisons for sales masking the recent moderation in the monthly sales trend. As always, local housing market trends can be very different than national ones, so your REALTOR® remains your best bet for understanding how the market is shaping up where you live or might like to.”

Actual (not seasonally adjusted) activity was up 12.9 per cent from December 2012. Year-over-year increases were posted in about 70 per cent of all local markets, led by gains in Greater Vancouver, the Fraser Valley, Calgary, Edmonton, Greater Toronto, and Hamilton-Burlington.

A total of 457,893 homes traded hands via MLS® Systems of Canadian real estate Boards and Associations and other co-operative listing systems across the country in 2013. This represents an increase of 0.8 per cent compared to 2012 (Chart B).

“National sales activity has softened in recent months and is expected in 2014 to remain down from levels reached last

Canadian home sales moderate further in DecemberOttawa, ON, January 15, 2014

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



September,” said CREA Chief Economist Gregory Klump. “That said, absent further mortgage rule changes, sales in 2014 may surpass the annual total for 2013 if demand holds steady near current levels as strengthening economic and better job growth offset the impact of further expected marginal mortgage interest rate increases.”

The number of newly listed homes fell 4.3 per cent on a month-over-month basis in December. New supply was down in two-thirds of all local markets, led by declines in Calgary, Greater Toronto, and Hamilton-Burlington.

With new listings having eased by more than sales, the national sales-to-new listings ratio climbed to 55 per cent in December compared to 53.6 per cent in November. This indicates a slightly firmer housing market but remains well within balanced territory marked by the range from 40 to 60 per cent, as has been the case since early

2010. Slightly more than half of all local markets posted a sales-to-new listings ratio in this range.

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 6.2 months of inventory at the national level at the end of December, up from 6.1 months at the end of November. As with the sales-to-new listings ratio, the current level of the months of inventory measure indicates that the Canadian housing market remains well balanced.

The actual (not seasonally adjusted) national average price for homes sold in December 2013 was $389,119, an increase of 10.4 per cent from the same month last year. The size of year-over-year average price gains continues to reflect the decline in sales activity last year among some of Canada’s most active and expensive markets, which dropped the national average at that time. Removing Greater Vancouver and Greater Toronto from national average price calculations cuts the year-over-year increase to 4.6 per cent.

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


Chart B


Chart C



The Aggregate Composite MLS® HPI rose 4.31 per cent on a year-over-year basis in December 2013, up from a 4.11 per cent gain in November. Year-over-year price growth picked up among all property types tracked by the index with the exception of townhouse/row units where price growth was unchanged from November.

Year-over-year price gains were led by one-storey single family homes (+5.07 per cent). This was closely followed by two-storey single family homes (+4.93 per cent), townhouse/row units (+3.13 per cent) and apartment units (+2.87 per cent).

Year-over-year price growth in the MLS® HPI was mixed across housing markets tracked by the index, led by Calgary (+8.74 per cent) and Greater Toronto (+6.31 per cent). Greater Vancouver recorded a second consecutive year-over-year increase (+2.13 per cent) following more than a year of declines between late 2012 and late 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: December 2013

1 month ago

3 months ago

6 months ago

12 months ago 3 years ago 5 years ago

Aggregate 162.2 -0.06 0.43 0.62 4.31 13.11 23.63

Lower Mainland 152.7 -0.07 -0.26 -0.33 1.60 5.89 15.95

Greater Vancouver 158.2 0.06 0.25 0.25 2.13 6.60 20.40

Fraser Valley 141.3 -0.28 -1.46 -1.46 0.36 4.59 6.64

Vancouver Island 144.8 -0.28 -0.55 -1.36 -0.55 -3.92 -2.16

Victoria 136.2 -0.44 -1.38 -2.37 -2.30 -7.22 -1.73

Calgary 196.5 0.15 1.76 2.99 8.74 20.04 17.52

Regina 281.3 -0.46 -0.81 0.04 -1.09 17.80 38.91

Saskatoon 229.8 -0.39 -1.67 -0.61 3.28 12.26 17.97

Greater Toronto 158.4 0.32 1.47 1.67 6.31 19.73 37.86

Ottawa 145.3 -0.82 -1.96 -2.74 -0.07 6.68 20.98

Greater Montreal 154.4 -0.45 -0.52 -0.77 2.25 7.82 20.16

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 96,000 REALTORS® working through 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

December 2013

Dec 2013 Nov 2013monthly

percentage change

Dec 2013 Dec 2012year-over-year

percentage change


percentage change


percentage change

Fraser Valley 630.0 622.5 1.2 433.2 304.5 42.3 606.8 596.0 1.8 396.1 276.0 43.5Vancouver 2,439.6 2,272.2 7.4 1,611.8 828.9 94.4 2,434.2 2,195.0 10.9 1,563.3 800.8 95.2Victoria 257.6 222.6 15.7 163.8 134.0 22.3 245.0 210.6 16.3 153.8 125.4 22.7Calgary 1,178.5 1,277.7 -7.8 706.9 606.0 16.7 1,056.0 1,191.1 -11.3 643.3 563.8 14.1Edmonton 648.5 680.1 -4.6 379.9 318.5 19.3 558.2 587.6 -5.0 317.9 264.5 20.2Regina 111.1 110.5 0.5 67.2 62.8 7.0 98.0 104.9 -6.6 57.5 56.8 1.1Saskatoon 146.6 175.4 -16.4 85.5 79.1 8.0 141.3 168.1 -15.9 81.1 77.9 4.1Winnipeg 299.8 297.0 1.0 182.8 156.2 17.0 297.0 285.5 4.0 178.4 145.1 23.0Hamilton-Burlington 480.4 473.7 1.4 274.3 212.2 29.3 455.2 454.8 0.1 255.6 193.4 32.2Kitchener-Waterloo 187.4 194.9 -3.8 113.9 100.9 12.8 162.6 177.3 -8.3 90.3 87.8 2.8London and St Thomas 189.7 194.5 -2.5 109.1 105.3 3.7 182.9 176.7 3.5 103.2 99.1 4.2Ottawa 414.1 432.2 -4.2 213.5 214.2 -0.3 414.2 424.4 -2.4 210.2 211.5 -0.6St. Catharines 77.4 45.2 71.3 45.0 29.2 54.1 73.1 45.0 62.6 41.1 26.2 56.8Sudbury 52.4 48.7 7.4 28.4 22.4 26.5 47.9 45.7 4.9 25.3 20.6 22.5Thunder Bay 34.2 41.1 -16.8 19.2 16.1 19.3 32.0 40.6 -21.2 18.1 15.3 18.2Toronto† 3,956.2 4,064.2 -2.7 2,122.2 1,766.5 20.1 3,952.9 4,058.5 -2.6 2,122.2 1,766.5 20.1Windsor-Essex 88.1 92.6 -4.9 52.9 46.5 13.7 82.9 81.9 1.2 49.0 42.0 16.7Trois Rivières CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Montreal CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Gatineau CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Quebec CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Saguenay CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Sherbrooke CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Saint John 26.3 26.2 0.5 15.7 9.0 73.2 22.6 23.6 -4.3 12.0 8.0 50.2Halifax-Dartmouth 122.3 123.8 -1.2 69.7 65.8 6.0 119.6 119.2 0.3 67.4 63.0 7.1Newfoundland & Labrador 98.0 110.2 -11.1 92.2 100.6 -8.4 96.2 102.7 -6.3 89.1 96.1 -7.3Canada 16,162.4 16,140.3 0.1 9,693.7 7,785.7 24.5 15,399.6 15,374.1 0.2 9,033.4 7,248.4 24.6

* 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‡ As in previous years, December data for Quebec is under embargo until January 16th at the request of The Québec Federation of Real Estate Boards.1 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

December 2013


percentage change


percentage change


percentage change


percentage change

Fraser Valley 1,330 1,201 10.7 890 664 34.0 1,203 1,138 5.7 815 602 35.4Vancouver 2,892 2,831 2.2 2,068 1,226 68.7 2,921 2,767 5.6 1,990 1,171 69.9Victoria 550 514 7.0 355 283 25.4 507 479 5.8 322 258 24.8Calgary 2,439 2,738 -10.9 1,530 1,407 8.7 2,354 2,622 -10.2 1,464 1,343 9.0Edmonton 1,686 1,914 -11.9 1,020 923 10.5 1,514 1,699 -10.9 916 803 14.1Regina 325 341 -4.7 206 190 8.4 322 329 -2.1 197 179 10.1Saskatoon 445 504 -11.7 260 243 7.0 423 497 -14.9 247 240 2.9Winnipeg 1,054 1,125 -6.3 633 615 2.9 1,013 1,049 -3.4 598 563 6.2Hamilton-Burlington 1,223 1,260 -2.9 743 614 21.0 1,149 1,206 -4.7 689 575 19.8Kitchener-Waterloo 541 581 -6.9 312 311 0.3 514 545 -5.7 285 277 2.9London and St Thomas 724 745 -2.8 442 410 7.8 715 702 1.9 423 393 7.6Ottawa 1,177 1,191 -1.2 634 647 -2.0 1,146 1,159 -1.1 615 628 -2.1St. Catharines 280 181 54.7 168 122 37.7 257 165 55.8 155 107 44.9Sudbury 209 210 -0.5 119 107 11.2 186 187 -0.5 104 92 13.0Thunder Bay 190 206 -7.8 116 106 9.4 164 197 -16.8 99 93 6.5Toronto† 7,173 7,436 -3.5 4,078 3,690 10.5 7,217 7,479 -3.5 4,078 3,690 10.5Windsor-Essex 460 478 -3.8 287 265 8.3 436 446 -2.2 267 242 10.3Trois Rivières CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Montreal CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Gatineau CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Quebec CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Saguenay CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Sherbrooke CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Saint John 149 158 -5.7 79 65 21.5 120 138 -13.0 63 55 14.5Halifax-Dartmouth 459 460 -0.2 269 256 5.1 435 430 1.2 250 234 6.8Newfoundland & Labrador 355 391 -9.2 334 357 -6.4 338 365 -7.4 308 333 -7.5Canada 40,782 41,644 -2.1 25,037 22,301 12.3 38,377 39,073 -1.8 23,215 20,556 12.9

†Detailed data for the Toronto Real Estate Board (TREB) market area can be found at http://www.torontorealestateboard.com/consumer_info/market_news/index.htm‡ As in previous years, December data for Quebec is under embargo until January 16th at the request of The Québec Federation of Real Estate Boards.1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


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

Sales Activity


December 2013


percentage change


percentage change


percentage change


percentage change

Fraser Valley 2,440 2,541 -4.0 1,013 873 16.0 2,181 2,304 -5.3 876 740 18.4Vancouver 5,678 5,426 4.6 2,098 1,594 31.6 5,421 5,315 2.0 1,943 1,442 34.7Victoria 1,089 1,074 1.4 437 405 7.9 996 996 0.0 376 347 8.4Calgary 3,780 3,970 -4.8 1,473 1,440 2.3 3,397 3,608 -5.8 1,297 1,269 2.2Edmonton 2,755 2,899 -5.0 1,128 1,274 -11.5 2,271 2,364 -3.9 912 950 -4.0Regina 583 682 -14.5 260 283 -8.1 520 635 -18.1 226 264 -14.4Saskatoon 1,111 1,099 1.1 494 402 22.9 1,051 1,043 0.8 449 365 23.0Winnipeg 1,749 1,825 -4.2 728 641 13.6 1,633 1,649 -1.0 632 549 15.1Hamilton-Burlington 1,487 1,795 -17.2 599 653 -8.3 1,372 1,592 -13.8 529 562 -5.9Kitchener-Waterloo 1,142 1,171 -2.5 476 419 13.6 948 959 -1.1 368 333 10.5London and St Thomas 1,631 1,592 2.4 734 652 12.6 1,398 1,404 -0.4 586 529 10.8Ottawa 2,497 2,526 -1.1 871 890 -2.1 2,384 2,432 -2.0 811 829 -2.2St. Catharines 411 403 2.0 193 230 -16.1 361 345 4.6 168 191 -12.0Sudbury 470 469 0.2 217 211 2.8 348 368 -5.4 148 157 -5.7Thunder Bay 265 280 -5.4 98 91 7.7 208 232 -10.3 71 75 -5.3Toronto† 11,996 12,769 -6.1 4,102 4,295 -4.5 12,009 12,772 -6.0 4,102 4,295 -4.5Windsor-Essex 948 931 1.8 480 457 5.0 752 729 3.2 372 366 1.6Trois Rivières CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Montreal CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Gatineau CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Quebec CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Saguenay CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Sherbrooke CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Saint John 441 489 -9.8 168 184 -8.7 315 357 -11.8 125 147 -15.0Halifax-Dartmouth 972 1,150 -15.5 399 388 2.8 909 980 -7.2 352 309 13.9Newfoundland & Labrador 1,084 1,108 -2.2 497 433 14.8 822 957 -14.1 359 356 0.8Canada 78,824 82,082 -4.0 34,355 33,937 1.2 69,821 72,952 -4.3 29,303 28,654 2.3



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

New Listings


December 2013


percentage change


percentage change


percentage change


percentage change

Fraser Valley 502,290 529,370 -5.1 486,702 458,518 6.1 497,777 540,101 -7.8 485,956 458,441 6.0Vancouver 827,580 811,206 2.0 779,378 676,116 15.3 825,635 804,987 2.6 785,574 683,875 14.9Victoria 463,237 447,398 3.5 461,527 473,428 -2.5 477,692 451,494 5.8 477,792 485,945 -1.7Calgary 470,079 464,196 1.3 462,034 430,704 7.3 449,124 449,048 0.0 439,389 419,811 4.7Edmonton 378,164 355,961 6.2 372,455 345,067 7.9 356,473 347,351 2.6 347,103 329,410 5.4Regina 336,429 320,631 4.9 326,397 330,677 -1.3 305,411 312,329 -2.2 291,755 317,581 -8.1Saskatoon 328,737 341,571 -3.8 328,737 325,536 1.0 331,893 333,092 -0.4 328,407 324,597 1.2Winnipeg 286,965 265,235 8.2 288,709 254,053 13.6 303,094 269,739 12.4 298,338 257,719 15.8Hamilton-Burlington 396,280 366,824 8.0 369,212 345,569 6.8 396,321 368,176 7.6 371,037 336,382 10.3Kitchener-Waterloo 365,004 314,214 16.2 365,004 324,529 12.5 316,744 321,859 -1.6 316,744 316,987 -0.1London and St Thomas 252,614 268,506 -5.9 246,943 256,748 -3.8 250,989 251,280 -0.1 244,005 252,072 -3.2Ottawa 351,294 356,928 -1.6 336,720 331,072 1.7 356,434 360,436 -1.1 341,793 336,856 1.5St. Catharines 268,150 249,075 7.7 268,150 239,658 11.9 273,660 269,387 1.6 264,854 244,747 8.2Sudbury 249,893 234,486 6.6 238,340 209,517 13.8 251,264 245,270 2.4 242,986 224,196 8.4Thunder Bay 180,556 191,287 -5.6 165,302 151,579 9.1 199,182 201,482 -1.1 182,691 164,595 11.0Toronto† 541,790 542,400 -0.1 520,398 478,739 8.7 541,637 540,809 0.2 520,398 478,739 8.7Windsor-Essex 187,310 187,497 -0.1 184,291 175,613 4.9 186,516 180,825 3.1 183,591 173,506 5.8Trois Rivières CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Montreal CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Gatineau CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Quebec CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Saguenay CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Sherbrooke CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Saint John 198,391 170,306 16.5 198,391 139,200 42.5 190,728 170,126 12.1 190,728 145,445 31.1Halifax-Dartmouth 266,731 264,975 0.7 259,130 256,955 0.8 273,792 271,858 0.7 269,797 269,098 0.3Newfoundland & Labrador 267,328 274,291 -2.5 275,901 281,790 -2.1 278,204 284,270 -2.1 289,279 288,541 0.3Canada 394,101 387,053 1.8 387,175 349,119 10.9 397,635 393,000 1.2 389,119 352,618 10.4

* 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‡ As in previous years, December data for Quebec is under embargo until January 16th at the request of The Québec Federation of Real Estate Boards.1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


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

Average Price*


December 2013

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

change

Fraser Valley 54.5 47.3 7.2 46.7 45.0 1.7 55.2 49.4 5.8 49.7 47.1 2.6Vancouver 50.9 52.2 -1.3 50.1 41.5 8.6 53.9 52.1 1.8 51.3 42.4 8.9Victoria 50.5 47.9 2.6 46.9 40.7 6.2 50.9 48.1 2.8 49.8 42.8 7.0Calgary 64.5 69.0 -4.5 65.8 59.0 6.8 69.3 72.7 -3.4 70.2 63.2 7.0Edmonton 61.2 66.0 -4.8 58.6 50.0 8.6 66.7 71.9 -5.2 65.1 56.2 8.9Regina 55.7 50.0 5.7 50.3 60.0 -9.7 61.9 51.8 10.1 51.7 62.2 -10.5Saskatoon 40.1 45.9 -5.8 47.4 51.4 -4.0 40.2 47.7 -7.5 48.7 52.8 -4.1Winnipeg 60.3 61.6 -1.3 63.2 69.5 -6.3 62.0 63.6 -1.6 66.5 72.5 -6.0Hamilton-Burlington 82.2 70.2 12.0 68.7 67.9 0.8 83.7 75.8 7.9 71.6 70.8 0.8Kitchener-Waterloo 47.4 49.6 -2.2 52.1 51.3 0.8 54.2 56.8 -2.6 57.6 55.2 2.4London and St Thomas 44.4 46.8 -2.4 45.0 46.6 -1.6 51.1 50.0 1.1 49.6 51.2 -1.6Ottawa 47.1 47.1 0.0 45.9 49.8 -3.9 48.1 47.7 0.4 47.0 51.2 -4.2St. Catharines 68.1 44.9 23.2 54.1 55.3 -1.2 71.2 47.8 23.4 58.4 58.6 -0.2Sudbury 44.5 44.8 -0.3 44.3 51.4 -7.1 53.4 50.8 2.6 51.9 59.3 -7.4Thunder Bay 71.7 73.6 -1.9 64.2 66.8 -2.6 78.8 84.9 -6.1 71.6 73.7 -2.1Toronto† 59.8 58.2 1.6 56.5 55.5 1.0 60.1 58.6 1.5 56.5 55.5 1.0Windsor-Essex 48.5 51.3 -2.8 49.7 47.5 2.2 58.0 61.2 -3.2 56.8 54.2 2.6Trois Rivières CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Montreal CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Gatineau CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Quebec CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Saguenay CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Sherbrooke CMA‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -Saint John 33.8 32.3 1.5 32.4 32.4 0.0 38.1 38.7 -0.6 37.6 36.3 1.3Halifax-Dartmouth 47.2 40.0 7.2 43.9 54.7 -10.8 47.9 43.9 4.0 47.6 59.5 -11.9Newfoundland & Labrador 32.7 35.3 -2.6 37.6 44.5 -6.9 41.1 38.1 3.0 42.7 49.9 -7.2Canada 51.7 50.7 1.0 49.6 48.9 0.7 55.0 53.6 1.4 52.8 52.0 0.8

*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‡ As in previous years, December data for Quebec is under embargo until January 16th at the request of The Québec Federation of Real Estate Boards.1 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*


2013 Annual

2013 2012 percentage change 2013 2012 percentage

change

Fraser Valley 6,673.5 6,714.8 -0.6 6,324.1 6,328.6 -0.1Vancouver 22,754.6 19,061.6 19.4 22,253.7 18,576.5 19.8Victoria 2,829.3 2,746.1 3.0 2,737.4 2,643.5 3.5Calgary 14,146.5 12,018.4 17.7 13,091.0 10,981.6 19.2Edmonton 7,788.4 6,881.5 13.2 6,745.0 5,897.7 14.4Regina 1,235.1 1,258.9 -1.9 1,153.2 1,190.1 -3.1Saskatoon 1,909.9 1,799.4 6.1 1,840.6 1,724.5 6.7Winnipeg 3,358.1 3,205.8 4.8 3,244.2 3,084.7 5.2Hamilton-Burlington 5,487.7 4,975.9 10.3 5,171.4 4,693.4 10.2Kitchener-Waterloo 2,399.4 2,222.9 7.9 2,099.2 1,972.6 6.4London and St Thomas 2,147.8 2,156.5 -0.4 2,003.5 1,994.9 0.4Ottawa 5,108.4 5,181.9 -1.4 5,041.9 5,111.8 -1.4St. Catharines 735.1 724.6 1.4 676.3 664.3 1.8Sudbury 604.4 638.2 -5.3 566.2 595.5 -4.9Thunder Bay 434.0 406.0 6.9 400.5 375.1 6.8Toronto† 46,615.6 43,988.0 6.0 46,615.6 43,988.0 6.0Windsor-Essex 1,054.5 954.2 10.5 960.4 874.3 9.8Trois Rivières CMA‡ n/a n/a - n/a n/a -Montreal CMA‡ n/a n/a - n/a n/a -Gatineau CMA‡ n/a n/a - n/a n/a -Quebec CMA‡ n/a n/a - n/a n/a -Saguenay CMA‡ n/a n/a - n/a n/a -Sherbrooke CMA‡ n/a n/a - n/a n/a -Saint John 310.4 303.1 2.4 274.8 270.6 1.6Halifax-Dartmouth 1,473.0 1,742.9 -15.5 1,425.5 1,689.2 -15.6Newfoundland & Labrador 1,282.8 1,305.4 -1.7 1,218.2 1,249.8 -2.5Canada 184,051.2 174,109.3 5.7 175,128.7 165,151.5 6.0

* 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‡ As in previous years, December data for Quebec is under embargo until January 16th at the request of The Québec Federation of Real Estate Boards.1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


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

Dollar Volume*

Total1 Residentialnsa3 nsa3

2013 Annual


change

Fraser Valley 13,700 13,939 -1.7 12,895 13,083 -1.4Vancouver 29,717 26,144 13.7 28,985 25,445 13.9Victoria 5,998 5,747 4.4 5,691 5,460 4.2Calgary 31,398 27,967 12.3 29,954 26,634 12.5Edmonton 21,991 19,999 10.0 19,552 17,641 10.8Regina 3,806 4,094 -7.0 3,692 3,952 -6.6Saskatoon 5,693 5,584 2.0 5,543 5,398 2.7Winnipeg 12,926 13,007 -0.6 12,088 12,094 0.0Hamilton-Burlington 14,105 13,619 3.6 13,471 13,035 3.3Kitchener-Waterloo 6,952 6,850 1.5 6,467 6,314 2.4London and St Thomas 8,443 8,687 -2.8 8,113 8,272 -1.9Ottawa 14,462 14,924 -3.1 14,049 14,497 -3.1St. Catharines 2,739 2,813 -2.6 2,592 2,621 -1.1Sudbury 2,549 2,737 -6.9 2,308 2,478 -6.9Thunder Bay 2,325 2,327 -0.1 2,053 2,056 -0.1Toronto† 88,946 88,157 0.9 88,946 88,157 0.9Windsor-Essex 5,712 5,463 4.6 5,341 5,082 5.1Trois Rivières CMA‡ n/a n/a - n/a n/a -Montreal CMA‡ n/a n/a - n/a n/a -Gatineau CMA‡ n/a n/a - n/a n/a -Quebec CMA‡ n/a n/a - n/a n/a -Saguenay CMA‡ n/a n/a - n/a n/a -Sherbrooke CMA‡ n/a n/a - n/a n/a -Saint John 1,861 1,882 -1.1 1,588 1,610 -1.4Halifax-Dartmouth 5,514 6,623 -16.7 5,186 6,239 -16.9Newfoundland & Labrador 4,704 5,072 -7.3 4,303 4,650 -7.5Canada 487,578 485,197 0.5 457,893 454,461 0.8



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

Sales Activity


2013 Annual


change

Fraser Valley 29,337 31,008 -5.4 25,964 27,786 -6.6Vancouver 59,366 62,956 -5.7 56,476 60,015 -5.9Victoria 12,794 14,106 -9.3 11,417 12,766 -10.6Calgary 47,718 47,370 0.7 42,678 42,137 1.3Edmonton 37,549 39,960 -6.0 30,011 31,410 -4.5Regina 7,568 6,820 11.0 7,142 6,358 12.3Saskatoon 12,018 10,862 10.6 11,385 10,217 11.4Winnipeg 20,452 18,704 9.3 18,185 16,672 9.1Hamilton-Burlington 20,540 20,071 2.3 18,817 18,407 2.2Kitchener-Waterloo 13,335 13,351 -0.1 11,234 11,433 -1.7London and St Thomas 18,766 18,623 0.8 16,371 16,160 1.3Ottawa 31,505 29,961 5.2 29,876 28,332 5.4St. Catharines 5,062 5,090 -0.6 4,437 4,475 -0.8Sudbury 5,752 5,328 8.0 4,448 4,177 6.5Thunder Bay 3,624 3,481 4.1 2,866 2,789 2.8Toronto† 157,289 158,982 -1.1 157,289 158,982 -1.1Windsor-Essex 11,484 11,500 -0.1 9,395 9,380 0.2Trois Rivières CMA‡ n/a n/a - n/a n/a -Montreal CMA‡ n/a n/a - n/a n/a -Gatineau CMA‡ n/a n/a - n/a n/a -Quebec CMA‡ n/a n/a - n/a n/a -Saguenay CMA‡ n/a n/a - n/a n/a -Sherbrooke CMA‡ n/a n/a - n/a n/a -Saint John 5,749 5,816 -1.2 4,219 4,436 -4.9Halifax-Dartmouth 12,560 12,103 3.8 10,889 10,483 3.9Newfoundland & Labrador 12,518 11,409 9.7 10,070 9,325 8.0Canada 983,994 992,790 -0.9 867,061 873,178 -0.7



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

New Listings


2013 Annual


change

Fraser Valley 487,115 481,727 1.1 490,433 483,730 1.4Vancouver 765,709 729,101 5.0 767,765 730,063 5.2Victoria 471,703 477,838 -1.3 480,997 484,164 -0.7Calgary 450,556 429,734 4.8 437,036 412,315 6.0Edmonton 354,162 344,093 2.9 344,977 334,318 3.2Regina 324,520 307,508 5.5 312,355 301,145 3.7Saskatoon 335,479 322,237 4.1 332,058 319,470 3.9Winnipeg 259,795 246,464 5.4 268,382 255,058 5.2Hamilton-Burlington 389,060 365,366 6.5 383,892 360,059 6.6Kitchener-Waterloo 345,134 324,516 6.4 324,604 312,419 3.9London and St Thomas 254,383 248,244 2.5 246,943 241,160 2.4Ottawa 353,228 347,216 1.7 358,876 352,610 1.8St. Catharines 268,376 257,604 4.2 260,923 253,469 2.9Sudbury 237,124 233,158 1.7 245,307 240,312 2.1Thunder Bay 186,679 174,479 7.0 195,100 182,447 6.9Toronto† 524,089 498,973 5.0 524,089 498,973 5.0Windsor-Essex 184,611 174,674 5.7 179,820 172,047 4.5Trois Rivières CMA‡ n/a n/a - n/a n/a -Montreal CMA‡ n/a n/a - n/a n/a -Gatineau CMA‡ n/a n/a - n/a n/a -Quebec CMA‡ n/a n/a - n/a n/a -Saguenay CMA‡ n/a n/a - n/a n/a -Sherbrooke CMA‡ n/a n/a - n/a n/a -Saint John 166,796 161,052 3.6 173,042 168,048 3.0Halifax-Dartmouth 267,139 263,160 1.5 274,880 270,742 1.5Newfoundland & Labrador 272,707 257,367 6.0 283,101 268,776 5.3Canada 377,480 358,842 5.2 382,466 363,401 5.2

* 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‡ As in previous years, December data for Quebec is under embargo until January 16th at the request of The Québec Federation of Real Estate Boards.1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


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

Average Price*


2013 Annual

2013 2012 change 2013 2012 change

Fraser Valley 46.7 45.0 1.7 49.7 47.1 2.6Vancouver 50.1 41.5 8.6 51.3 42.4 8.9Victoria 46.9 40.7 6.2 49.8 42.8 7.0Calgary 65.8 59.0 6.8 70.2 63.2 7.0Edmonton 58.6 50.0 8.6 65.1 56.2 8.9Regina 50.3 60.0 -9.7 51.7 62.2 -10.5Saskatoon 47.4 51.4 -4.0 48.7 52.8 -4.1Winnipeg 63.2 69.5 -6.3 66.5 72.5 -6.0Hamilton-Burlington 68.7 67.9 0.8 71.6 70.8 0.8Kitchener-Waterloo 52.1 51.3 0.8 57.6 55.2 2.4London and St Thomas 45.0 46.6 -1.6 49.6 51.2 -1.6Ottawa 45.9 49.8 -3.9 47.0 51.2 -4.2St. Catharines 54.1 55.3 -1.2 58.4 58.6 -0.2Sudbury 44.3 51.4 -7.1 51.9 59.3 -7.4Thunder Bay 64.2 66.8 -2.6 71.6 73.7 -2.1Toronto† 56.5 55.5 1.0 56.5 55.5 1.0Windsor-Essex 49.7 47.5 2.2 56.8 54.2 2.6Trois Rivières CMA‡ n/a n/a - n/a n/a -Montreal CMA‡ n/a n/a - n/a n/a -Gatineau CMA‡ n/a n/a - n/a n/a -Quebec CMA‡ n/a n/a - n/a n/a -Saguenay CMA‡ n/a n/a - n/a n/a -Sherbrooke CMA‡ n/a n/a - n/a n/a -Saint John 32.4 32.4 0.0 37.6 36.3 1.3Halifax-Dartmouth 43.9 54.7 -10.8 47.6 59.5 -11.9Newfoundland & Labrador 37.6 44.5 -6.9 42.7 49.9 -7.2Canada 49.6 48.9 0.7 52.8 52.0 0.8



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

Sales as a Percentage of New Listings


December 2013


percentage change


percentage change


percentage change


percentage change

British Columbia 4,101.2 3,890.2 5.4 2,684.4 1,613.2 66.4 3,990.1 3,701.6 7.8 2,515.8 1,500.1 67.7Alberta 2,293.6 2,442.4 -6.1 1,358.8 1,157.7 17.4 2,021.7 2,212.1 -8.6 1,192.8 1,037.3 15.0Saskatchewan 363.8 380.8 -4.5 217.2 195.3 11.2 320.2 349.7 -8.4 184.3 172.0 7.1Manitoba 338.7 330.8 2.4 200.8 167.0 20.2 332.2 318.6 4.3 194.9 155.7 25.2Ontario 7,090.4 7,106.8 -0.2 3,851.3 3,226.2 19.4 6,832.7 6,896.7 -0.9 3,659.0 3,087.8 18.5Quebec‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -New Brunswick 96.5 92.1 4.8 56.1 45.6 23.2 88.1 86.1 2.3 48.6 40.6 19.7Nova Scotia 175.0 173.5 0.8 104.1 100.6 3.5 166.8 163.0 2.4 96.6 91.8 5.2Prince Edward Island 18.9 18.5 2.6 13.6 15.7 -13.5 15.1 15.7 -3.3 8.9 12.7 -29.5Newfoundland & Labrador 98.0 110.2 -11.1 92.2 100.6 -8.4 96.2 102.7 -6.3 89.1 96.1 -7.3Northwest Territories 2.7 5.3 -49.1 1.3 1.4 -4.6 3.9 5.4 -28.8 1.3 1.4 -4.6Yukon 8.0 9.9 -19.1 5.4 1.7 222.6 8.4 9.7 -13.4 5.4 1.7 222.6Canada 16,162.4 16,140.3 0.1 9,693.7 7,785.7 24.5 15,399.6 15,374.1 0.2 9,033.4 7,248.4 24.6


percentage change


percentage change


percentage change


percentage change

British Columbia 7,402 7,114 4.0 4,867 3,309 47.1 6,865 6,593 4.1 4,426 3,011 47.0Alberta 5,531 6,126 -9.7 3,381 3,098 9.1 5,143 5,681 -9.5 3,135 2,855 9.8Saskatchewan 1,186 1,265 -6.2 723 661 9.4 1,114 1,171 -4.9 661 605 9.3Manitoba 1,240 1,286 -3.6 721 676 6.7 1,173 1,203 -2.5 680 623 9.1Ontario 17,176 17,590 -2.4 9,808 8,959 9.5 16,403 16,750 -2.1 9,247 8,394 10.2Quebec‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -New Brunswick 611 591 3.4 365 315 15.9 522 534 -2.2 302 269 12.3Nova Scotia 860 848 1.4 533 540 -1.3 771 737 4.6 463 448 3.3Prince Edward Island 109 121 -9.9 87 106 -17.9 96 101 -5.0 60 77 -22.1Newfoundland & Labrador 355 391 -9.2 334 357 -6.4 338 365 -7.4 308 333 -7.5Northwest Territories 6 15 -60.0 3 3 0.0 6 15 -60.0 3 3 0.0Yukon 24 27 -11.1 15 7 114.3 26 27 -3.7 15 7 114.3Canada 40,782 41,644 -2.1 25,037 22,301 12.3 38,377 39,073 -1.8 23,215 20,556 12.9

* in millions of dollars‡ As in previous years, December data for Quebec is under embargo until January 16th at the request of The Québec Federation of Real Estate Boards.1 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

December 2013


percentage change


percentage change


percentage change


percentage change

British Columbia 14,506 14,677 -1.2 5,883 5,481 7.3 12,704 13,268 -4.3 4,933 4,476 10.2Alberta 9,096 9,731 -6.5 3,728 3,834 -2.8 7,970 8,448 -5.7 3,190 3,125 2.1Saskatchewan 2,645 2,677 -1.2 1,193 1,101 8.4 2,364 2,421 -2.4 1,005 937 7.3Manitoba 2,041 2,092 -2.4 845 729 15.9 1,914 1,908 0.3 735 627 17.2Ontario 31,197 33,001 -5.5 11,909 12,362 -3.7 28,206 29,825 -5.4 10,330 10,706 -3.5Quebec‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -New Brunswick 1,586 1,618 -2.0 678 725 -6.5 1,152 1,218 -5.4 480 538 -10.8Nova Scotia 2,064 2,388 -13.6 875 870 0.6 1,760 1,789 -1.6 693 614 12.9Prince Edward Island 442 486 -9.1 170 161 5.6 252 305 -17.4 95 102 -6.9Newfoundland & Labrador 1,084 1,108 -2.2 497 433 14.8 822 957 -14.1 359 356 0.8Northwest Territories 25 20 25.0 9 5 80.0 23 20 15.0 8 5 60.0Yukon 51 44 15.9 18 12 50.0 45 41 9.8 15 11 36.4Canada 78,824 82,082 -4.0 34,355 33,937 1.2 69,821 72,952 -4.3 29,303 28,654 2.3


percentage change


percentage change


percentage change


percentage change

British Columbia 560,033 553,531 1.2 551,555 487,530 13.1 577,234 568,388 1.6 568,419 498,205 14.1Alberta 405,002 399,142 1.5 401,881 373,693 7.5 388,479 387,820 0.2 380,477 363,340 4.7Saskatchewan 299,170 298,673 0.2 300,375 295,506 1.6 283,995 296,339 -4.2 278,764 284,346 -2.0Manitoba 275,523 257,337 7.1 278,517 247,056 12.7 289,659 262,452 10.4 286,571 249,852 14.7Ontario 408,732 404,450 1.1 392,668 360,108 9.0 413,309 413,421 0.0 395,698 367,858 7.6Quebec‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -New Brunswick 158,206 153,941 2.8 153,697 144,608 6.3 168,337 160,343 5.0 160,867 150,875 6.6Nova Scotia 201,387 200,240 0.6 195,287 186,204 4.9 214,927 216,479 -0.7 208,555 204,858 1.8Prince Edward Island 154,363 147,906 4.4 156,247 148,217 5.4 149,021 151,363 -1.5 149,021 164,775 -9.6Newfoundland & Labrador 267,328 274,291 -2.5 275,901 281,790 -2.1 278,204 284,270 -2.1 289,279 288,541 0.3Northwest Territories 444,817 341,343 30.3 444,817 466,333 -4.6 444,817 341,343 30.3 444,817 466,333 -4.6Yukon 355,725 367,655 -3.2 361,867 240,357 50.6 361,674 365,547 -1.1 361,867 240,357 50.6Canada 394,101 387,053 1.8 387,175 349,119 10.9 397,635 393,000 1.2 389,119 352,618 10.4

* 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‡ As in previous years, December data for Quebec is under embargo until January 16th at the request of The Québec Federation of Real Estate Boards.1 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*


December 2013


change

British Columbia 51.0 48.5 2.5 46.0 39.8 6.2 54.0 49.7 4.3 49.5 42.6 6.9Alberta 60.8 63.0 -2.2 59.3 53.5 5.8 64.5 67.2 -2.7 64.3 58.6 5.7Saskatchewan 44.8 47.3 -2.5 47.3 52.9 -5.6 47.1 48.4 -1.3 49.2 55.2 -6.0Manitoba 60.8 61.5 -0.7 62.2 68.9 -6.7 61.3 63.1 -1.8 65.2 71.8 -6.6Ontario 55.1 53.3 1.8 52.2 52.1 0.1 58.2 56.2 2.0 54.9 54.7 0.2Quebec‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -New Brunswick 38.5 36.5 2.0 36.4 37.0 -0.6 45.3 43.8 1.5 41.4 41.6 -0.2Nova Scotia 41.7 35.5 6.2 38.9 44.7 -5.8 43.8 41.2 2.6 43.9 51.2 -7.3Prince Edward Island 24.7 24.9 -0.2 32.9 44.2 -11.3 38.1 33.1 5.0 40.3 50.3 -10.0Newfoundland & Labrador 32.7 35.3 -2.6 37.6 44.5 -6.9 41.1 38.1 3.0 42.7 49.9 -7.2Northwest Territories 24.0 75.0 -51.0 53.6 82.9 -29.3 26.1 75.0 -48.9 54.1 84.3 -30.2Yukon 47.1 61.4 -14.3 50.3 47.4 2.9 57.8 65.9 -8.1 53.4 49.8 3.6Canada 51.7 50.7 1.0 49.6 48.9 0.7 55.0 53.6 1.4 52.8 52.0 0.8


change

British Columbia 6.6 6.7 -0.1 10.0 11.2 -1.2 7.2 7.3 -0.1 8.2 9.3 -1.1Alberta 3.6 3.3 0.3 5.0 6.2 -1.2 3.9 3.5 0.4 3.9 4.8 -0.9Saskatchewan 6.6 6.2 0.4 7.3 6.2 1.0 7.1 6.7 0.4 6.4 5.4 1.0Manitoba 3.0 2.8 0.2 3.6 3.1 0.5 3.2 3.0 0.2 2.9 2.6 0.4Ontario 3.7 3.7 0.0 5.0 4.9 0.1 3.9 3.8 0.1 4.0 4.0 0.0Quebec‡ n/a n/a - n/a n/a - n/a n/a - n/a n/a -New Brunswick 10.5 10.8 -0.3 16.5 15.0 1.5 12.3 11.9 0.4 12.1 11.1 1.0Nova Scotia 10.9 10.9 0.0 16.5 13.5 3.0 12.2 12.5 -0.3 11.6 9.1 2.5Prince Edward Island 17.2 15.1 2.1 24.0 18.8 5.2 19.6 18.0 1.6 14.6 12.3 2.3Newfoundland & Labrador 8.3 7.6 0.7 10.6 8.9 1.8 8.7 8.1 0.6 7.9 6.5 1.4Northwest Territories 8.2 3.5 4.7 4.7 2.5 2.3 8.2 3.5 4.7 4.5 2.1 2.4Yukon 11.2 9.4 1.8 12.7 11.6 1.1 10.3 9.4 0.9 11.5 10.2 1.2Canada 5.8 5.7 0.1 7.7 7.6 0.1 6.2 6.1 0.1 6.3 6.2 0.1

*Actual (not seasonally adjusted) data for sales-to-new listings ratios and months of inventory are based on a 12-month moving average‡ As in previous years, December data for Quebec is under embargo until January 16th at the request of The Québec Federation of Real Estate Boards.1 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

2013 Annual


change

British Columbia 40,977.5 36,606.3 11.9 39,196.8 34,821.9 12.6Alberta 27,772.0 24,477.1 13.5 25,174.4 21,926.5 14.8Saskatchewan 4,226.8 4,136.2 2.2 3,907.5 3,825.5 2.1Manitoba 3,722.9 3,599.6 3.4 3,586.5 3,450.4 3.9Ontario 82,496.3 78,370.6 5.3 79,976.1 75,976.1 5.3Quebec‡ n/a n/a - n/a n/a -New Brunswick 1,110.5 1,117.0 -0.6 1,021.8 1,031.6 -1.0Nova Scotia 2,130.4 2,448.3 -13.0 1,987.5 2,300.5 -13.6Prince Edward Island 262.9 302.4 -13.1 222.5 245.7 -9.5Newfoundland & Labrador 1,282.8 1,305.4 -1.7 1,218.2 1,249.8 -2.5Northwest Territories 55.2 55.8 -1.1 54.9 55.6 -1.3Yukon 100.3 110.8 -9.5 98.5 108.4 -9.1Canada 184,051.2 174,109.3 5.7 175,128.7 165,151.5 6.0


change

British Columbia 78,072 72,644 7.5 72,936 67,637 7.8Alberta 71,306 65,441 9.0 66,080 60,369 9.5Saskatchewan 14,333 14,801 -3.2 13,535 13,886 -2.5Manitoba 14,763 15,027 -1.8 13,797 14,008 -1.5Ontario 208,546 207,640 0.4 198,675 197,620 0.5Quebec‡ n/a n/a - n/a n/a -New Brunswick 7,171 7,368 -2.7 6,282 6,403 -1.9Nova Scotia 10,444 11,882 -12.1 9,151 10,437 -12.3Prince Edward Island 1,819 2,223 -18.2 1,425 1,614 -11.7Newfoundland & Labrador 4,704 5,072 -7.3 4,303 4,650 -7.5Northwest Territories 141 141 0.0 140 140 0.0Yukon 299 324 -7.7 296 318 -6.9Canada 487,578 485,197 0.5 457,893 454,461 0.8

* in millions of dollars‡ As in previous years, December data for Quebec is under embargo until January 16th at the request of The Québec Federation of Real Estate Boards.1 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*


2013 Annual


change

British Columbia 169,782 182,434 -6.9 147,209 158,888 -7.4Alberta 120,298 122,308 -1.6 102,759 102,938 -0.2Saskatchewan 30,278 27,976 8.2 27,511 25,160 9.3Manitoba 23,734 21,800 8.9 21,157 19,503 8.5Ontario 399,617 398,510 0.3 362,049 361,000 0.3Quebec‡ n/a n/a - n/a n/a -New Brunswick 19,719 19,929 -1.1 15,160 15,379 -1.4Nova Scotia 26,878 26,581 1.1 20,844 20,379 2.3Prince Edward Island 5,537 5,028 10.1 3,532 3,209 10.1Newfoundland & Labrador 12,518 11,409 9.7 10,070 9,325 8.0Northwest Territories 263 170 54.7 259 166 56.0Yukon 595 684 -13.0 554 638 -13.2Canada 983,994 992,790 -0.9 867,061 873,178 -0.7


change

British Columbia 524,868 503,914 4.2 537,414 514,836 4.4Alberta 389,477 374,033 4.1 380,969 363,208 4.9Saskatchewan 294,903 279,456 5.5 288,698 275,490 4.8Manitoba 252,177 239,545 5.3 259,950 246,318 5.5Ontario 395,578 377,435 4.8 402,547 384,455 4.7Quebec‡ n/a n/a - n/a n/a -New Brunswick 154,858 151,596 2.2 162,652 161,116 1.0Nova Scotia 203,979 206,054 -1.0 217,192 220,413 -1.5Prince Edward Island 144,513 136,049 6.2 156,108 152,250 2.5Newfoundland & Labrador 272,707 257,367 6.0 283,101 268,776 5.3Northwest Territories 391,612 395,771 -1.1 392,088 397,276 -1.3Yukon 335,400 341,883 -1.9 332,819 340,725 -2.3Canada 377,480 358,842 5.2 382,466 363,401 5.2

* Provincial weighted residential average price for Quebec (provided by Québec Federation of Real Estate Boards); does not affect weighted and unweighted national average Information on Quebec's weighted average price calculation can be found at: http://www.fciq.ca/immobilier-statistiques-definitions.php‡ As in previous years, December data for Quebec is under embargo until January 16th at the request of The Québec Federation of Real Estate Boards.1 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


2013 Annual

2013 2012 change 2013 2012 change

British Columbia 46.0 39.8 6.2 49.5 42.6 6.9Alberta 59.3 53.5 5.8 64.3 58.6 5.7Saskatchewan 47.3 52.9 -5.6 49.2 55.2 -6.0Manitoba 62.2 68.9 -6.7 65.2 71.8 -6.6Ontario 52.2 52.1 0.1 54.9 54.7 0.2Quebec‡ n/a n/a - n/a n/a -New Brunswick 36.4 37.0 -0.6 41.4 41.6 -0.2Nova Scotia 38.9 44.7 -5.8 43.9 51.2 -7.3Prince Edward Island 32.9 44.2 -11.3 40.3 50.3 -10.0Newfoundland & Labrador 37.6 44.5 -6.9 42.7 49.9 -7.2Northwest Territories 53.6 82.9 -29.3 54.1 84.3 -30.2Yukon 50.3 47.4 2.9 53.4 49.8 3.6Canada 49.6 48.9 0.7 52.8 52.0 0.8

2013 2012 change 2013 2012 change

British Columbia 10.0 11.2 -1.2 8.2 9.3 -1.1Alberta 5.0 6.2 -1.2 3.9 4.8 -0.9Saskatchewan 7.3 6.2 1.1 6.4 5.4 1.0Manitoba 3.6 3.1 0.5 2.9 2.6 0.3Ontario 5.0 4.9 0.1 4.0 4.0 0.0Quebec‡ n/a n/a - n/a n/a -New Brunswick 16.5 15.0 1.5 12.1 11.1 1.0Nova Scotia 16.5 13.5 3.0 11.6 9.1 2.5Prince Edward Island 24.0 18.8 5.2 14.6 12.3 2.3Newfoundland & Labrador 10.6 8.9 1.7 7.9 6.5 1.4Northwest Territories 4.7 2.5 2.2 4.5 2.1 2.4Yukon 12.7 11.6 1.1 11.5 10.2 1.3Canada 7.7 7.6 0.1 6.3 6.2 0.1

‡ As in previous years, December data for Quebec is under embargo until January 16th at the request of The Québec Federation of Real Estate Boards.1 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


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