From the hot Calgary housing market to the cooling Toronto one, real estate varies widely by region.
By comparing Oct. sales-to-new-listing ratios (SNLR) for Canadian cities it is clear that the Ontario real estate market is freezing.
Note:
SNLR > 60% Seller's market
SNLR < 40%…
12
28
124
Replies
@HanifBayat
Great info as always Hanif.
Sales to Active (all inventory) also provides a good snapshot of overall supply/demand.
2
0
3
@PasqualeSasso
Thank you for your kind words. Indeed, the sales-to-active-listing ratio is another valuable indicator, and we may consider comparing it in the future.
0
0
4
@TechWilt
@WOWA_Canada
Unfortunately Ottawa's data for October is not yet available. However, my guess is that Ottawa's SNLR should be between 45% to 50% for the Oct. It was 42% for Sept.
0
0
2
@HanifBayat
@WOWA_Canada
Great chart! I wonder what the SNLR is for Toronto only when GTA (burbs/boons) is sliced out.
0
0
0
@HanifBayat
Would have been nice to see a city in Atlantic Canada Included in the graphic. (Halifax for example).
0
0
0
@HanifBayat
great insight. Any idea where one could get this data for Interior / Okanagan BC? I understand it's not a big enough market to warrant a bar entry but curious if you know of a source
0
0
0
