canadian real estate housing activity stable in october

7/30/2019 Canadian real estate housing activity stable in October

1/23

News Release

The Canadian Real Estate Association

According to statistics1 released today by The Canadian Real Estate Association (CREA), national home sales

activity and average price were little changed in October 2012.

Highlights:

Home sales little changed (-0.1%) from September to October.

Actual (not seasonally adjusted) activity down 0.8% from October 2011. Number of newly listed homes down 3.8% from September to October.

Market remains frmly in balanced territory.

National average home price unchanged (+0.02%) on a year-over-year basis.

MLSHPI up 3.6% in October smallest gain since May 2011.

The number of home sales processed through the MLS Systems of Canadian real estate Boards and Associationswas little changed in October 2012 compared to the previous month (-0.1 per cent) and remains below levels

reported in the rst half of the year.Sales activity improved in about half of all local markets as compared to September, including Greater Vancouverand Greater Toronto. However, in keeping with the national trend, transactions there remain well below levelsposted in the rst half of the year.

On a year-over-year basis, actual (not seasonally adjusted) activity was also little changed, down 0.8 per cent fromlevels recorded for October of last year. Led by Calgary, sales were up compared to levels one year ago in almost

two-thirds of all local markets. Sales remained below year-ago levels in Greater Toronto, Greater Vancouver, andGreater Montreal.

Sales data in October held steady atthe national level, but we are seeingsome diverging trends among localhousing markets, said CREA PresidentWayne Moen. Markets in Alberta andSaskatchewan are gaining strength, whilesome of Canadas traditionally most activemarkets have lost steam. As always, all realestate is local, so buyers and sellers shouldtalk to their REALTOR to understand howthe housing market is shaping up wherethey live or might like to live.

Canadian resale housing activity stable in OctoberOttawa, ON, November 15, 2012

Chart 1


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News Release


National sales in October were on par withthe same month last year and in line with the10-year average for the month (Chart 1).

Activity for the year-to-date is also runningin line with the 10 year average (Chart 2).These results suggest that the Canadianhousing market overall has returned to amore sustainable pace, added Klump.

A total of 402,322 homes have traded handsvia Canadian MLS Systems over the rst 10months of 2012, up 0.8 per cent from levelsreported over the same period last year and0.4 per cent below the 10-year average forthe period.

The number of newly listed homes retreatedby 3.8 per cent in October following a jump inSeptember. Monthly declines were reportedin almost two-thirds of all local markets, withGreater Toronto and Greater Vancouver exerting a large inuence on the national trend.

The monthly decline in new listings caused the national sales-to-new listings ratio to edge back up to 50.9 per cent inOctober compared to Septembers reading of 49 per cent. Based on a sales-to-new listings ratio of between 40 to 60per cent, nearly two-thirds of all local markets were in balanced market territory in October.

The number of months of inventory is another important measure of the balance between housing supply and demand.It represents the number of months it would take to sell current inventories at the current rate of sales activity. It wasanother measure that was little changed in October. Nationally, there were 6.5 months of inventory at the end ofOctober. This is virtually unchanged from the reading of 6.4 months at the end of September after accounting forrounding (6.479 in October vs. 6.448 in September).

The actual (not seasonally adjusted) national average price for homes sold in October 2012 was $361,516. This

represents an increase of $80, or 0.02 per cent compared to the national average price in October 2011.

The national average price continues to be inuenced by compositional factors, most notably by fewer sales in GreaterVancouver this year compared to much stronger levels last year, and more recently by fewer sales in Greater Toronto.

Excluding these two markets from the national average price calculation yields a year-over-year increase of 2.5 pert ti l i th t i 70 t f ll l l k t i O t b 2012

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

Chart 2


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News Release


Year-over-year price gains decelerated forall Benchmark property types tracked by theindex with the exception of the townhouse/row segment. The townhouse/row segmentnonetheless posted the slowest price growthamong Benchmark properties.

Year-over-year price growth remains

strongest for one-storey single family homes(+5.3 per cent) and two-storey singlefamily homes (+4.5 per cent). Prices fortownhouse and apartment units continueto post more modest gains, rising 1.2 percent and 1.5 per cent respectively.

Most markets continued to see positive butslowing year-over-year price growth in October. The exceptions were Calgary, where price growth accelerated, andGreater Vancouver, where the year-over-year price decline was smaller in October than it was in September.

The MLS HPI rose fastest in Regina (13.0 per cent year-over-year), but the increase was smaller than it was inSeptember (14.2 per cent).

The MLS HPI also climbed in Calgary (6.8%), Greater Toronto (5.1%), Greater Montreal (1.8%), and the Fraser Valley(1.5%). In Greater Vancouver, the MLS HPI eased 0.8 per cent year-over-year in October.

- 30 -

PLEASE NOTE: The information contained in this news release combines both major market and nationalMLSsales information from the previous month.

CREA cautions that average price information can be useful in establishing trends over time, but does notindicate actual prices in centres comprised of widely divergent neighborhoods or account for price differentialbetween geographic areas. Statistical information contained in this report includes all housing types.

MLS is a co-operative marketing system used only by Canadas real estate Boards to ensure maximum exposure ofproperties listed for sale.

The Canadian Real Estate Association (CREA) is one of Canadas largest single-industry trade associations,representing more than 106,000 REALTORS working through more than 100 real estate Boards and Associations.


4/23

News ReleaseThe Canadian Real Estate Association

Chart 1 Chart 2

Chart 3 Chart 4

Chart 5 Chart 6


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Interactive tables and charts for MLSHome Price Index data on Composite, Single family homes (including separate indices for one- and two-storeyhomes), 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 IndexJanuary 2005 = 100 Percentage Change vs.

Composite HPI:October

20121

month ago3

months ago6

months ago12

months ago3

years ago5

years ago

Aggregate 156.4 -0.13 -0.57 -0.06 3.64 14.16 15.25

Lower Mainland 153.3 -0.52 -1.86 -2.23 -0.20 9.74 7.96

Greater Vancouver 158.3 -0.38 -1.98 -2.88 -0.75 11.24 10.93Fraser Valley 142.6 -0.77 -1.31 -0.42 1.49 6.26 1.35

Calgary 180 0.00 0.22 2.39 6.76 6.70 -5.76

Regina 285.5 -0.59 -0.70 2.40 12.98 28.95 55.76

Greater Montreal 149.8 -0.20 -0.73 0.07 5.05 19.74 27.49

Greater Toronto 151.5 -0.07 0.26 0.20 1.81 14.60 25.94


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October 2012

Oct 2012 Sep 2012

monthly

percentage

change

Oct 2012 Oct 2011

year-over-year

percentage

change

Oct 2012 Sep 2012

monthly

percentage

change

Oct 2012 Oct 2011

year-over-year

percentage

change

Fraser Valley 1,093 1,059 3.2 1,053 1,139 -7.6 1,023 981 4.3 984 1,092 -9.9

Vancouver 2,028 1,968 3.0 2,029 2,429 -16.5 1,986 1,912 3.9 1,970 2,359 -16.5

Victoria 382 505 -24.4 373 483 -22.8 355 481 -26.2 344 461 -25.4

Calgary 2,380 2,431 -2.1 2,215 1,754 26.3 2,276 2,331 -2.4 2,104 1,661 26.7

Edmonton 1,505 1,727 -12.9 1,522 1,477 3.0 1,393 1,542 -9.7 1,365 1,272 7.3

Regina 316 299 5.7 327 355 -7.9 301 295 2.0 312 342 -8.8

Saskatoon 453 480 -5.6 459 420 9.3 455 470 -3.2 444 402 10.4

Winnipeg 1,066 1,076 -0.9 1,118 1,076 3.9 989 1,001 -1.2 1,042 1,011 3.1Hamilton-Burlington 1,093 1,066 2.5 1,108 1,110 -0.2 1,047 1,028 1.8 1,054 1,065 -1.0

Kitchener-Waterloo 550 567 -3.0 539 785 -31.3 518 515 0.6 506 735 -31.2

London and St Thomas 718 727 -1.2 669 627 6.7 684 695 -1.6 640 586 9.2

Ottawa 1,179 1,186 -0.6 1,126 1,126 0.0 1,171 1,162 0.8 1,092 1,083 0.8

St. Catharines 245 245 0.0 229 219 4.6 226 230 -1.7 210 209 0.5

Sudbury 218 207 5.3 221 222 -0.5 194 187 3.7 193 207 -6.8

Thunder Bay 208 207 0.5 237 203 16.7 193 185 4.3 219 173 26.6

Toronto 6,929 6,864 0.9 6,896 7,642 -9.8 6,949 6,845 1.5 6,896 7,642 -9.8

Windsor-Essex 435 432 0.7 476 471 1.1 396 400 -1.0 427 437 -2.3

Trois Rivires CMA 91 90 1.1 86 81 6.2 80 85 -5.9 75 73 2.7

Montreal CMA 3,284 3,327 -1.3 2,913 3,123 -6.7 3,140 3,156 -0.5 2,789 3,000 -7.0

Gatineau CMA 311 314 -1.0 289 313 -7.7 282 293 -3.8 255 292 -12.7

Quebec CMA 601 626 -4.0 615 620 -0.8 572 584 -2.1 578 578 0.0Saguenay CMA 120 125 -4.0 112 114 -1.8 116 118 -1.7 107 100 7.0

Sherbrooke CMA 159 153 3.9 136 141 -3.5 144 142 1.4 121 125 -3.2

Saint John 146 150 -2.7 175 169 3.6 126 132 -4.5 149 144 3.5

Halifax-Dartmouth 547 541 1.1 500 467 7.1 510 506 0.8 465 426 9.2

Newfoundland & Labrador 378 385 -1.8 485 514 -5.6 351 350 0.3 444 462 -3.9

Canada 38,769 39,094 -0.8 38,567 38,870 -0.8 36,492 36,545 -0.1 35,971 36,244 -0.8

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

1Total = Residential + Non-residential

2Seasonally adjusted

3

Not seasonally adjusted

Source: The Canadian Real Estate Association

Note: 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.

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

Sales Activity

Total1 Residential

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


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October 2012

Oct 2012 Sep 2012

monthly

percentage

change

Oct 2012 Oct 2011

year-over-year

percentage

change

Oct 2012 Sep 2012

monthly

percentage

change

Oct 2012 Oct 2011

year-over-year

percentage

change

Fraser Valley 2,531 2,666 -5.1 2,522 2,511 0.4 2,242 2,371 -5.4 2,227 2,198 1.3

Vancouver 5,121 5,587 -8.3 4,716 4,677 0.8 4,822 5,316 -9.3 4,451 4,462 -0.2

Victoria 1,164 1,234 -5.7 1,068 1,086 -1.7 1,049 1,128 -7.0 959 981 -2.2

Calgary 3,729 3,902 -4.4 3,394 3,672 -7.6 3,322 3,404 -2.4 3,030 3,277 -7.5

Edmonton 3,311 3,368 -1.7 2,964 2,779 6.7 2,529 2,700 -6.3 2,300 2,193 4.9

Regina 568 595 -4.5 509 518 -1.7 518 550 -5.8 455 477 -4.6

Saskatoon 913 942 -3.1 890 841 5.8 869 918 -5.3 829 801 3.5

Winnipeg 1,583 1,605 -1.4 1,520 1,413 7.6 1,411 1,431 -1.4 1,367 1,262 8.3Hamilton-Burlington 1,664 1,859 -10.5 1,631 1,635 -0.2 1,527 1,704 -10.4 1,485 1,482 0.2

Kitchener-Waterloo 1,098 1,119 -1.9 1,084 1,301 -16.7 941 960 -2.0 923 1,115 -17.2

London and St Thomas 1,559 1,586 -1.7 1,566 1,448 8.1 1,351 1,365 -1.0 1,350 1,242 8.7

Ottawa 2,525 2,631 -4.0 2,392 2,076 15.2 2,352 2,482 -5.2 2,205 1,960 12.5

St. Catharines 367 467 -21.4 371 495 -25.1 329 413 -20.3 332 410 -19.0

Sudbury 438 419 4.5 409 386 6.0 341 345 -1.2 319 314 1.6

Thunder Bay 287 309 -7.1 288 274 5.1 226 260 -13.1 213 217 -1.8

Toronto 13,167 14,118 -6.7 13,054 12,405 5.2 13,172 14,082 -6.5 13,054 12,405 5.2

Windsor-Essex 939 973 -3.5 923 909 1.5 767 775 -1.0 747 743 0.5

Trois Rivires CMA 155 165 -6.1 150 159 -5.7 138 141 -2.1 134 140 -4.3

Montreal CMA 6,760 6,878 -1.7 7,229 7,151 1.1 6,342 6,505 -2.5 6,766 6,689 1.2

Gatineau CMA 676 723 -6.5 654 627 4.3 614 678 -9.4 586 551 6.4

Quebec CMA 1,147 1,127 1.8 1,272 1,247 2.0 1,037 1,026 1.1 1,148 1,134 1.2Saguenay CMA 225 212 6.1 200 182 9.9 202 185 9.2 185 157 17.8

Sherbrooke CMA 312 336 -7.1 311 345 -9.9 278 281 -1.1 273 289 -5.5

Saint John 426 484 -12.0 384 403 -4.7 350 351 -0.3 303 275 10.2

Halifax-Dartmouth 979 1,007 -2.8 877 824 6.4 885 889 -0.4 780 700 11.4

Newfoundland & Labrador 942 928 1.5 957 813 17.7 765 746 2.5 789 680 16.0

Canada 81,690 84,608 -3.4 78,430 75,422 4.0 71,757 74,618 -3.8 68,894 66,384 3.8




3




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

New Listings

Total1 Residential



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October 2012

Oct 2012 Sep 2012 monthly change Oct 2012 Oct 2011year-over-year

changeOct 2012 Sep 2012 monthly change Oct 2012 Oct 2011

year-over-year

change

Fraser Valley 43.2 39.7 3.5 45.7 49.6 -3.9 45.6 41.4 4.2 47.9 52.2 -4.3

Vancouver 39.6 35.2 4.4 42.9 53.2 -10.3 41.2 36.0 5.2 43.8 54.5 -10.7

Victoria 32.8 40.9 -8.1 41.3 41.0 0.3 33.8 42.6 -8.8 43.3 43.4 -0.1

Calgary 63.8 62.3 1.5 57.9 47.1 10.8 68.5 68.5 0.0 62.0 50.6 11.4

Edmonton 45.5 51.3 -5.8 50.0 46.9 3.1 55.1 57.1 -2.0 56.0 53.4 2.6

Regina 55.6 50.3 5.3 62.2 57.9 4.3 58.1 53.6 4.5 64.6 60.8 3.8

Saskatoon 49.6 51.0 -1.4 52.4 48.2 4.2 52.4 51.2 1.2 54.2 50.1 4.1

Winnipeg 67.3 67.0 0.3 70.3 70.5 -0.2 70.1 70.0 0.1 73.5 74.4 -0.9Hamilton-Burlington 65.7 57.3 8.4 68.2 61.7 6.5 68.6 60.3 8.3 71.4 64.8 6.6

Kitchener-Waterloo 50.1 50.7 -0.6 51.4 55.4 -4.0 55.0 53.6 1.4 55.4 60.6 -5.2

London and St Thomas 46.1 45.8 0.3 46.6 44.9 1.7 50.6 50.9 -0.3 51.0 49.2 1.8

Ottawa 46.7 45.1 1.6 50.9 53.5 -2.6 49.8 46.8 3.0 52.3 55.1 -2.8

St. Catharines 66.8 52.5 14.3 55.2 45.2 10.0 68.7 55.7 13.0 59.1 51.7 7.4

Sudbury 49.8 49.4 0.4 52.4 50.8 1.6 56.9 54.2 2.7 59.8 57.3 2.5

Thunder Bay 72.5 67.0 5.5 68.3 67.0 1.3 85.4 71.2 14.2 74.6 72.9 1.7

Toronto 52.6 48.6 4.0 56.7 62.1 -5.4 52.8 48.6 4.2 56.7 62.1 -5.4

Windsor-Essex 46.3 44.4 1.9 47.2 44.5 2.7 51.6 51.6 0.0 54.0 50.6 3.4

Trois Rivires CMA 58.7 54.5 4.2 54.8 50.6 4.2 58.0 60.3 -2.3 57.9 54.2 3.7

Montreal CMA 48.6 48.4 0.2 51.6 51.7 -0.1 49.5 48.5 1.0 53.2 53.5 -0.3

Gatineau CMA 46.0 43.4 2.6 49.4 53.0 -3.6 45.9 43.2 2.7 51.5 55.7 -4.2

Quebec CMA 52.4 55.5 -3.1 55.7 55.8 -0.1 55.2 56.9 -1.7 58.4 58.3 0.1Saguenay CMA 53.3 59.0 -5.7 53.9 56.4 -2.5 57.4 63.8 -6.4 59.9 61.5 -1.6

Sherbrooke CMA 51.0 45.5 5.5 50.1 49.0 1.1 51.8 50.5 1.3 51.8 51.3 0.5

Saint John 34.3 31.0 3.3 32.9 33.1 -0.2 36.0 37.6 -1.6 36.8 40.0 -3.2

Halifax-Dartmouth 55.9 53.7 2.2 58.1 51.9 6.2 57.6 56.9 0.7 63.0 56.3 6.7

Newfoundland & Labrador 40.1 41.5 -1.4 45.6 42.4 3.2 45.9 46.9 -1.0 51.3 47.4 3.9

Canada 47.5 46.2 1.3 49.5 49.3 0.2 50.9 49.0 1.9 52.7 53.0 -0.3




3Not 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

Total1 Residential

s.a.2

nsa3

s.a.2

nsa3


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October 2012Year to date

Oct 2012 YTD Oct 2011 YTD change Oct 2012 YTD Oct 2011 YTD change Oct 2012 YTD Oct 2011 YTD change Oct 2012 YTD Oct 2011 YTD change

Fraser Valley 45.4 49.7 -4.3 43.5 47.7 -4.2 47.4 52.0 -4.6 45.5 50.1 -4.6

Vancouver 42.3 53.1 -10.8 39.7 50.1 -10.4 43.2 54.1 -10.9 40.4 51.3 -10.9

Victoria 41.2 40.2 1.0 39.2 38.7 0.5 43.4 42.6 0.8 41.2 40.9 0.3

Calgary 58.5 47.1 11.4 56.6 45.5 11.1 62.6 50.6 12.0 60.6 48.9 11.7

Edmonton 49.9 46.6 3.3 48.6 45.5 3.1 55.9 53.1 2.8 54.5 51.7 2.8

Regina 62.8 57.4 5.4 59.6 56.0 3.6 65.2 60.2 5.0 61.8 58.8 3.0

Saskatoon 52.2 46.0 6.2 51.3 47.0 4.3 54.7 57.7 -3.0 52.8 48.7 4.1

Winnipeg 69.7 70.5 -0.8 67.9 68.8 -0.9 72.7 74.3 -1.6 70.7 72.4 -1.7Hamilton-Burlington 67.9 62.0 5.9 66.0 61.0 5.0 71.0 65.1 5.9 68.8 64.1 4.7

Kitchener-Waterloo 50.1 52.8 -2.7 49.4 53.7 -4.3 53.9 57.7 -3.8 53.0 58.3 -5.3

London and St Thomas 46.8 44.4 2.4 45.9 43.7 2.2 51.1 48.5 2.6 50.0 47.7 2.3

Ottawa 50.1 53.6 -3.5 48.8 52.6 -3.8 51.7 54.8 -3.1 50.1 54.1 -4.0

St. Catharines 56.1 44.4 11.7 55.2 44.0 11.2 59.4 50.8 8.6 58.4 50.4 8.0

Sudbury 52.2 50.5 1.7 51.5 49.8 1.7 59.6 57.1 2.5 58.6 56.2 2.4

Thunder Bay 67.5 65.6 1.9 65.6 64.2 1.4 73.1 71.3 1.8 71.7 69.9 1.8

Toronto 57.0 61.8 -4.8 54.3 59.9 -5.6 57.0 61.8 -4.8 54.3 59.9 -5.6

Windsor-Essex 47.9 44.4 3.5 46.8 43.6 3.2 54.6 50.7 3.9 53.6 49.9 3.7

Trois Rivires CMA 55.1 51.2 3.9 55.5 51.2 4.3 58.2 54.8 3.4 58.7 54.8 3.9

Montreal CMA 51.5 51.3 0.2 50.6 50.6 0.0 52.9 53.2 -0.3 52.1 52.4 -0.3

Gatineau CMA 48.9 52.0 -3.1 48.3 51.5 -3.2 50.9 54.8 -3.9 50.2 54.4 -4.2

Quebec CMA 55.6 55.6 0.0 54.7 54.8 -0.1 58.4 58.3 0.1 57.3 57.2 0.1Saguenay CMA 52.7 56.2 -3.5 53.1 56.2 -3.1 60.1 60.7 -0.6 59.2 60.4 -1.2

Sherbrooke CMA 49.7 49.5 0.2 48.8 49.2 -0.4 51.5 51.2 0.3 50.7 51.1 -0.4

Saint John 32.8 33.1 -0.3 31.5 32.1 -0.6 36.9 39.8 -2.9 35.6 38.3 -2.7

Halifax-Dartmouth 56.8 51.4 5.4 54.7 50.8 3.9 61.7 55.7 6.0 59.3 55.2 4.1

Newfoundland & Labrador 45.4 43.6 1.8 42.2 40.4 1.8 51.2 48.6 2.6 47.4 45.2 2.2

Canada 49.5 49.1 0.4 47.8 47.8 0.0 52.7 52.8 -0.1 50.9 51.4 -0.5




3




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

Sales as a Percentage

of New Listings

Total1 Residential



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October 2012



year-over-year

change

British Columbia 36.9 35.6 1.3 40.7 44.7 -4.0 40.1 37.7 2.4 43.5 47.9 -4.4

Alberta 54.7 54.6 0.1 52.9 45.6 7.3 61.5 60.1 1.4 58.0 50.2 7.8

Saskatchewan 52.4 48.3 4.1 54.0 49.0 5.0 54.1 51.4 2.7 56.5 51.8 4.7

Manitoba 66.9 67.1 -0.2 69.5 68.5 1.0 69.6 69.9 -0.3 72.5 72.0 0.5

Ontario 50.7 48.3 2.4 52.9 53.8 -0.9 53.5 50.6 2.9 55.6 57.2 -1.6

Quebec 45.6 45.6 0.0 47.6 47.2 0.4 47.7 46.8 0.9 50.2 50.1 0.1

New Brunswick 35.7 39.5 -3.8 37.6 39.7 -2.1 39.4 44.6 -5.2 42.2 45.9 -3.7

Nova Scotia 43.2 43.6 -0.4 46.2 43.2 3.0 48.8 50.4 -1.6 52.9 49.9 3.0Prince Edward Island 44.3 42.6 1.7 45.8 40.5 5.3 50.2 49.8 0.4 52.4 47.4 5.0

Newfoundland & Labrador 40.1 41.5 -1.4 45.6 42.4 3.2 45.9 46.9 -1.0 51.3 47.4 3.9

Northwest Territories 62.5 77.8 -15.3 79.8 86.3 -6.5 73.3 76.5 -3.2 81.4 86.5 -5.1

Yukon 51.9 61.5 -9.6 49.8 52.7 -2.9 52.9 64.6 -11.7 51.8 55.4 -3.6

Canada 47.5 46.2 1.3 49.5 49.3 0.2 50.9 49.0 1.9 52.7 53.0 -0.3



year-over-year

change

British Columbia 9.4 9.3 0.1 10.9 9.6 1.3 10.1 10.1 0.0 9.0 7.7 1.3

Alberta 4.4 4.2 0.2 6.3 7.6 -1.3 4.7 4.5 0.2 4.9 5.9 -1.1

Saskatchewan 5.2 5.2 0.0 6.1 7.3 -1.2 5.6 5.5 0.1 5.3 6.2 -0.9

Manitoba 2.4 2.4 0.0 3.1 3.3 -0.2 2.6 2.6 0.0 2.5 2.7 -0.1

Ontario 4.0 4.0 0.0 4.8 4.9 -0.1 4.2 4.2 0.0 3.9 3.9 0.0

Quebec 10.0 9.8 0.2 11.1 10.5 0.6 10.7 10.6 0.1 9.7 9.1 0.6

New Brunswick 9.9 9.2 0.7 14.6 13.6 1.0 11.4 10.5 0.9 10.8 9.7 1.0

Nova Scotia 8.4 8.2 0.2 13.0 13.8 -0.8 9.5 9.3 0.2 8.8 9.2 -0.4

Prince Edward Island 10.3 9.5 0.8 18.1 19.3 -1.3 13.7 13.2 0.5 11.8 12.3 -0.5

Newfoundland & Labrador 6.8 6.4 0.4 8.6 9.1 -0.5 7.3 7.0 0.3 6.3 6.6 -0.4Northwest Territories 2.5 1.4 1.1 2.5 2.6 -0.1 2.3 1.5 0.8 2.1 2.2 -0.1

Yukon 10.5 9.2 1.3 10.4 6.2 4.2 10.9 9.5 1.4 9.0 5.1 3.9

Canada 6.1 6.0 0.1 7.4 7.4 0.0 6.5 6.4 0.1 6.0 5.9 0.1






Months of Inventory

Total1 Residential

s.a.2

nsa3

s.a.2

nsa3

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 Residential

s.a.2


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October 2012

Year to date


British Columbia 40.5 44.5 -4.0 38.5 42.7 -4.2 43.1 47.6 -4.5 41.0 45.6 -4.6

Alberta 53.2 45.5 7.7 51.7 44.3 7.4 58.3 50.1 8.2 56.6 48.8 7.8

Saskatchewan 54.0 47.7 6.3 52.4 47.7 4.7 56.9 54.1 2.8 54.7 50.2 4.5

Manitoba 68.9 68.5 0.4 67.3 66.8 0.5 71.6 72.0 -0.4 70.0 70.1 -0.1

Ontario 52.9 53.5 -0.6 51.1 52.3 -1.2 55.6 56.8 -1.2 53.6 55.5 -1.9

Quebec 47.5 46.9 0.6 46.9 46.4 0.5 50.0 49.7 0.3 49.3 49.2 0.1

New Brunswick 37.4 39.8 -2.4 36.2 38.7 -2.5 42.1 46.1 -4.0 41.0 44.7 -3.7

Nova Scotia 45.8 42.6 3.2 44.0 41.5 2.5 52.6 49.3 3.3 50.4 48.2 2.2

Prince Edward Island 47.0 39.9 7.1 42.3 36.1 6.2 53.2 46.8 6.4 48.5 43.0 5.5

Newfoundland & Labrador 45.4 43.6 1.8 42.2 40.4 1.8 51.2 48.6 2.6 47.4 45.2 2.2

Northwest Territories 84.2 89.9 -5.7 80.0 82.6 -2.6 82.0 88.5 -6.5 81.5 83.4 -1.9

Yukon 48.2 50.4 -2.2 46.5 48.3 -1.8 49.7 53.0 -3.3 48.6 51.4 -2.8

Canada 49.5 49.1 0.4 47.8 47.8 0.0 52.7 52.8 -0.1 50.9 51.4 -0.5


British Columbia 8.5 7.3 1.2 10.9 9.4 1.5 9.1 7.7 1.4 9.0 7.6 1.4

Alberta 4.4 5.5 -1.1 6.1 7.4 -1.3 4.8 5.9 -1.1 4.7 5.8 -1.1

Saskatchewan 4.9 5.0 -0.1 5.9 7.1 -1.2 5.3 5.8 -0.5 5.1 6.1 -1.0

Manitoba 2.4 2.5 -0.1 3.0 3.2 -0.2 2.6 2.7 -0.1 2.5 2.6 -0.1

Ontario 3.7 3.8 -0.1 4.7 4.8 -0.1 3.9 3.9 0.0 3.8 3.8 0.0

Quebec 9.2 8.6 0.6 10.9 10.4 0.5 9.8 9.2 0.6 9.5 9.0 0.5

New Brunswick 9.4 8.5 0.9 14.4 13.3 1.1 10.8 9.8 1.0 10.6 9.6 1.0

Nova Scotia 7.7 8.2 -0.5 12.8 13.6 -0.8 8.8 9.4 -0.6 8.7 9.1 -0.4

Prince Edward Island8.4 9.3 -0.9 18.4 20.2 -1.8 11.6 12.4 -0.8 12.1 12.8 -0.7Newfoundland & Labrador 5.8 5.9 -0.1 8.9 9.1 -0.2 6.3 6.5 -0.2 6.5 6.6 -0.1

Northwest Territories 2.1 2.1 0.0 2.5 2.4 0.1 2.1 2.1 0.0 2.0 2.1 -0.1

Yukon 9.3 5.2 4.1 10.6 6.4 4.2 9.6 5.4 4.2 9.3 5.3 4.0

Canada 5.7 5.6 0.1 7.3 7.3 0.0 6.1 6.0 0.1 5.9 5.8 0.1






Months of Inventory

Total1 Residential

s.a.2

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 Residential


canadian real estate housing activity stable in october

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