The Canadian Real Estate Association News Release

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 rose in June 2013, building on gains recorded over the previous three months.

Highlights: • National home sales rose 3.3% from May to June.• Actual (not seasonally adjusted) activity came in 0.6% below levels in June 2012.• The number of newly listed homes edged down 0.5% from May to June.• The Canadian housing market has tightened but remains in balanced territory.• The national average sale price rose 4.8% on a year-over-year basis in June.• The MLS® HPI rose 2.3% year-over-year in June.

The number of home sales processed through the MLS® Systems of real estate Boards and Associations and other co-operative listing systems in Canada rose 3.3 per cent on a month-over-month basis in June 2013. This marks the fourth consecutive monthly increase, with activity now running 11 per cent above where it stood in February.

Home sales improved in two-thirds of all local markets in June, including almost all large urban markets. The biggest gains were reported in Victoria, Greater Vancouver, the Fraser Valley, Edmonton, Saskatoon, Winnipeg and Montreal.

“For the second month in a row, sales improved in the majority of local markets,” said CREA President Laura Leyser. “Whether those gains reflect temporary factors or a fundamental improvement after a slow start to the year really depends on where you are. Your REALTOR® is your best resource for understanding what’s driving the local housing market where you live or might like to.”

“Increases in mortgage interest rates likely prompted some buyers with pre-approved mortgages to jump off the sidelines and into the market in June, particularly in larger, more expensive urban markets where affordability is strained,” said Gregory Klump, CREA’s Chief Economist. “We have seen this happen before. If fixed mortgage rates continue holding where they are or edge slightly higher, sales may ebb over the summer and early autumn, with slightly higher borrowing costs picking up where the finance minister left off last year to keep the housing market in check.”

Actual (not seasonally adjusted) activity came in 0.6 per cent below levels reported in June 2012. When compared to year-ago levels, the number of local markets was split evenly between those with year-over-year declines and those that posted gains in June. Greater Toronto and Montreal remain below year-ago levels, although their declines continue to shrink. Meanwhile, sales in Greater Vancouver, Calgary, and Edmonton were up compared to last June.

Canadian home sales improve in JuneOttawa, ON, July 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



Some 240,068 homes have traded hands across the country so far this year. That stands 6.9 per cent below levels in the first half of 2012, when mortgage rules and guidelines had not yet been tightened.(Chart A) While the gap between sales this year and last year is expected to diminish, annual sales are still expected to fall short of last year’s total.

The number of newly listed homes edged down 0.5 per cent on a month-over-month basis in June. New listings rose in a number of Canada’s most active markets including Greater Vancouver, Edmonton, Saskatoon, Winnipeg, Hamilton-Burlington, Oakville-Milton, and Quebec City. This was offset by a decline in new listings in a number of other large urban centres including the Fraser Valley, Calgary, Greater Toronto, London & St. Thomas, Montreal and Fredericton.

With sales activity up and new listings down, the national sales-to-new listings ratio rose to 53.8 per cent in June from 51.8 per cent in May, but remains firmly rooted 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, two-thirds of all local markets were in balanced market territory in June.

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.

The number of months of inventory also indicates that Canada’s housing market remains balanced. There were 6.1 months of inventory at the end of June 2013, down slightly from 6.3 months at the end of May.

The actual (not seasonally adjusted) national average price for homes sold in June 2013 was $386,585, an increase of 4.8 per cent from the same month last year.

“Just as declines in the national average price at this time last year reflected a drop in sales activity in some of Canada’s most expensive housing markets, much of the increase in the national average price in May and June can be attributed to recovering demand in those same markets, particularly Greater Vancouver,” Klump said. “A better gauge of what’s going on with prices is the MLS® Home Price Index, which is not affected by changes in the mix of sales the way the average price is. The index shows year-over-year price growth stabilizing at a rate barely ahead of inflation.”

The Aggregate Composite MLS® HPI rose 2.3 per cent compared to June 2012. Year-over-year growth in the MLS® HPI had been slowing since late 2011, but has held steady near its current rate for four months. (Chart B)

Year-over-year price growth picked up for two-storey single family homes (+3.0 per cent) but slowed for all other Benchmark property types tracked by the index. Prices for one-storey single family homes were up 3.1 per cent year-over-year in June, followed by townhouse/row units (+1.6 per cent), and apartment units (+0.4 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 -

PLEASE NOTE: The information contained in this news release combines both major market and national MLS® sales information 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® is a co-operative marketing system 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:

Linda Kristal, Director of CommunicationsThe Canadian Real Estate Association

Tel.: 613-237-7111E-mail: [email protected]

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: June 2013 1 month ago

3 months ago

6 months ago

12 months ago 3 years ago 5 years ago

Aggregate 161.9 0.12 2.02 3.65 2.27 11.89 16.47

Lower Mainland 153.2 0.52 1.32 1.93 -2.36 4.01 3.86

Greater Vancouver 157.8 0.57 1.48 1.87 -3.01 4.57 5.69

Fraser Valley 143.4 0.28 0.77 1.85 -0.62 2.58 -0.28

Calgary 190.8 0.53 2.80 5.59 6.65 9.97 4.89

Regina 282.6 -0.11 -1.05 -0.63 -1.33 15.54 15.63

Saskatoon 231.2 0.35 2.17 3.91 4.38 8.44 0.35

Greater Toronto 155.8 0.32 2.57 4.56 2.91 17.85 29.62

Ottawa 149.4 0.13 1.63 2.75 1.08 9.37 23.27

Greater Montreal 155.6 -0.70 1.50 3.05 2.50 10.20 23.30

Table 1



Chart 1 Chart 2

Chart 3 Chart 4

Chart 5 Chart 6

June 2013

Jun 2013 May 2013monthly

percentage change

Jun 2013 Jun 2012year-over-year

percentage change


percentage change


percentage change

Fraser Valley 551.1 508.7 8.3 669.3 730.9 -8.4 515.4 483.3 6.6 628.6 699.5 -10.1Vancouver 1,820.8 1,682.5 8.2 2,071.0 1,730.7 19.7 1,775.6 1,653.0 7.4 2,035.3 1,681.3 21.1Victoria 275.9 225.1 22.6 334.4 302.6 10.5 269.7 217.6 23.9 326.1 292.9 11.3Calgary 1,159.9 1,151.1 0.8 1,431.3 1,291.1 10.9 1,084.3 1,057.6 2.5 1,328.5 1,195.5 11.1Edmonton 662.4 596.6 11.0 824.3 748.7 10.1 580.1 520.5 11.5 725.1 651.2 11.4Regina 101.1 99.6 1.6 123.4 138.8 -11.1 98.9 97.7 1.2 121.2 133.6 -9.3Saskatoon 183.6 150.3 22.2 206.3 184.7 11.7 179.8 146.5 22.7 203.7 177.3 14.9Winnipeg 295.2 271.0 8.9 392.4 369.5 6.2 285.0 261.7 8.9 382.1 358.9 6.5Hamilton-Burlington 467.8 470.8 -0.6 543.2 489.6 11.0 437.0 444.9 -1.8 512.8 470.3 9.0Kitchener-Waterloo 204.7 207.9 -1.6 242.9 215.0 13.0 185.4 186.0 -0.3 216.3 194.2 11.3London and St Thomas 182.3 178.0 2.4 211.9 211.3 0.3 169.7 168.7 0.6 201.6 201.3 0.2Ottawa 437.3 436.5 0.2 582.3 599.6 -2.9 433.3 430.3 0.7 577.9 594.1 -2.7St. Catharines 60.9 61.2 -0.4 79.9 77.5 3.1 55.7 61.7 -9.7 72.8 70.6 3.2Sudbury 50.0 53.3 -6.1 60.0 75.1 -20.2 47.2 50.5 -6.6 57.4 69.8 -17.8Thunder Bay 44.3 33.8 31.1 52.2 46.0 13.4 37.8 31.7 19.4 47.2 43.0 9.7Toronto† 3,808.1 3,734.7 2.0 4,814.8 4,792.2 0.5 3,822.9 3,733.3 2.4 4,814.8 4,792.2 0.5Windsor-Essex 84.3 88.0 -4.3 100.3 98.0 2.4 75.3 81.2 -7.2 91.4 93.0 -1.7Trois Rivières CMA‡ 15.3 14.7 3.8 15.4 13.0 18.7 12.4 11.5 8.2 13.2 12.1 9.7Montreal CMA 1,076.6 1,050.1 2.5 1,104.4 1,225.8 -9.9 1,021.4 997.5 2.4 1,054.7 1,149.4 -8.2Gatineau CMA 86.6 79.3 9.2 99.8 94.3 5.8 83.3 76.4 9.0 97.4 91.0 7.0Quebec CMA 157.0 158.6 -1.1 144.4 170.1 -15.1 146.4 143.8 1.8 135.5 159.7 -15.2Saguenay CMA 23.9 21.8 9.8 24.0 25.3 -5.2 20.4 22.1 -7.6 22.4 24.9 -10.0Sherbrooke CMA 35.1 36.7 -4.3 33.8 32.6 3.6 32.7 31.9 2.6 30.7 28.6 7.5Saint John 32.2 31.2 3.4 39.5 30.8 28.4 27.9 25.6 9.3 35.1 27.0 30.1Halifax-Dartmouth 123.1 128.6 -4.3 162.1 195.0 -16.9 120.6 121.7 -0.9 156.9 191.0 -17.8Newfoundland & Labrador 110.0 102.1 7.7 120.3 156.4 -23.1 105.4 100.3 5.1 116.8 148.4 -21.3Canada 15,493.1 14,909.1 3.9 18,697.8 17,985.1 4.0 14,769.3 14,204.6 4.0 17,882.6 17,176.1 4.1

* 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

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

June 2013


percentage change


percentage change


percentage change


percentage change

Fraser Valley 1,118 1,082 3.3 1,327 1,463 -9.3 1,059 991 6.9 1,258 1,389 -9.4Vancouver 2,408 2,233 7.8 2,736 2,474 10.6 2,365 2,222 6.4 2,668 2,398 11.3Victoria 559 503 11.1 664 637 4.2 533 467 14.1 642 602 6.6Calgary 2,595 2,588 0.3 3,137 2,978 5.3 2,497 2,476 0.8 3,002 2,832 6.0Edmonton 1,841 1,710 7.7 2,260 2,151 5.1 1,683 1,530 10.0 2,052 1,913 7.3Regina 345 326 5.8 399 442 -9.7 337 320 5.3 389 428 -9.1Saskatoon 528 447 18.1 614 634 -3.2 514 444 15.8 608 617 -1.5Winnipeg 1,154 1,054 9.5 1,480 1,487 -0.5 1,068 998 7.0 1,394 1,396 -0.1Hamilton-Burlington 1,172 1,181 -0.8 1,367 1,338 2.2 1,127 1,123 0.4 1,313 1,295 1.4Kitchener-Waterloo 609 612 -0.5 702 651 7.8 577 579 -0.3 661 613 7.8London and St Thomas 711 739 -3.8 847 873 -3.0 685 712 -3.8 812 839 -3.2Ottawa 1,240 1,223 1.4 1,635 1,719 -4.9 1,217 1,190 2.3 1,608 1,675 -4.0St. Catharines 229 235 -2.6 296 287 3.1 218 223 -2.2 281 269 4.5Sudbury 207 214 -3.3 251 314 -20.1 191 198 -3.5 228 284 -19.7Thunder Bay 217 189 14.8 253 246 2.8 187 172 8.7 226 217 4.1Toronto† 7,240 7,277 -0.5 9,061 9,422 -3.8 7,301 7,236 0.9 9,061 9,422 -3.8Windsor-Essex 465 488 -4.7 525 535 -1.9 439 453 -3.1 497 509 -2.4Trois Rivières CMA‡ 85 85 0.0 88 83 6.0 85 74 14.9 82 77 6.5Montreal CMA 3,363 3,242 3.7 3,325 3,611 -7.9 3,230 3,125 3.4 3,205 3,476 -7.8Gatineau CMA 372 330 12.7 422 400 5.5 351 319 10.0 399 381 4.7Quebec CMA 576 565 1.9 522 633 -17.5 547 530 3.2 499 608 -17.9Saguenay CMA 127 113 12.4 132 147 -10.2 114 103 10.7 119 136 -12.5Sherbrooke CMA 165 162 1.9 148 147 0.7 151 146 3.4 138 130 6.2Saint John 173 163 6.1 218 195 11.8 145 140 3.6 185 165 12.1Halifax-Dartmouth 476 468 1.7 604 738 -18.2 451 442 2.0 576 701 -17.8Newfoundland & Labrador 426 404 5.4 444 619 -28.3 369 363 1.7 403 560 -28.0Canada 41,610 40,421 2.9 48,996 49,496 -1.0 39,207 37,945 3.3 46,258 46,557 -0.6

†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


June 2013


percentage change


percentage change


percentage change


percentage change

Fraser Valley 2,492 2,519 -1.1 2,625 2,898 -9.4 2,170 2,234 -2.9 2,298 2,636 -12.8Vancouver 4,761 4,556 4.5 5,242 6,018 -12.9 4,551 4,327 5.2 5,038 5,747 -12.3Victoria 1,085 1,054 2.9 1,240 1,449 -14.4 948 923 2.7 1,094 1,352 -19.1Calgary 3,848 4,015 -4.2 4,423 4,894 -9.6 3,458 3,616 -4.4 3,984 4,353 -8.5Edmonton 3,244 3,292 -1.5 3,889 4,185 -7.1 2,678 2,626 2.0 3,151 3,220 -2.1Regina 627 664 -5.6 798 691 15.5 592 610 -3.0 753 659 14.3Saskatoon 1,031 962 7.2 1,172 1,059 10.7 966 914 5.7 1,115 992 12.4Winnipeg 1,736 1,669 4.0 2,159 1,984 8.8 1,555 1,485 4.7 1,929 1,786 8.0Hamilton-Burlington 1,739 1,698 2.4 1,980 1,919 3.2 1,595 1,553 2.7 1,836 1,796 2.2Kitchener-Waterloo 1,066 1,132 -5.8 1,199 1,366 -12.2 916 955 -4.1 1,060 1,165 -9.0London and St Thomas 1,529 1,603 -4.6 1,647 1,738 -5.2 1,317 1,400 -5.9 1,430 1,525 -6.2Ottawa 2,686 2,665 0.8 3,096 2,918 6.1 2,520 2,512 0.3 2,907 2,786 4.3St. Catharines 451 452 -0.2 479 433 10.6 382 382 0.0 416 379 9.8Sudbury 493 506 -2.6 579 499 16.0 380 387 -1.8 457 383 19.3Thunder Bay 303 314 -3.5 421 329 28.0 236 241 -2.1 318 280 13.6Toronto† 13,438 13,496 -0.4 15,564 16,679 -6.7 13,397 13,488 -0.7 15,564 16,679 -6.7Windsor-Essex 940 993 -5.3 1,052 1,132 -7.1 794 845 -6.0 883 902 -2.1Trois Rivières CMA‡ 164 199 -17.6 141 175 -19.4 160 166 -3.6 132 146 -9.6Montreal CMA 6,850 6,895 -0.7 5,503 5,873 -6.3 6,355 6,431 -1.2 5,137 5,418 -5.2Gatineau CMA 738 765 -3.5 743 810 -8.3 676 693 -2.5 675 711 -5.1Quebec CMA 1,223 1,130 8.2 1,050 983 6.8 1,094 1,051 4.1 948 893 6.2Saguenay CMA 203 267 -24.0 177 260 -31.9 198 230 -13.9 166 192 -13.5Sherbrooke CMA 322 357 -9.8 277 296 -6.4 272 296 -8.1 243 260 -6.5Saint John 478 520 -8.1 545 603 -9.6 346 345 0.3 400 455 -12.1Halifax-Dartmouth 1,078 1,035 4.2 1,169 1,128 3.6 870 900 -3.3 978 1,023 -4.4Newfoundland & Labrador 1,088 1,013 7.4 1,309 1,187 10.3 869 839 3.6 1,038 956 8.6Canada 82,861 83,370 -0.6 91,270 95,453 -4.4 72,908 73,288 -0.5 80,562 83,928 -4.0



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

New Listings


June 2013


percentage change


percentage change


percentage change


percentage change

Fraser Valley 492,931 470,157 4.8 504,388 499,569 1.0 486,657 487,653 -0.2 499,672 503,593 -0.8Vancouver 756,134 753,464 0.4 756,962 699,566 8.2 750,778 743,944 0.9 762,861 701,141 8.8Victoria 493,627 447,525 10.3 503,674 475,041 6.0 505,995 466,039 8.6 507,940 486,611 4.4Calgary 446,971 444,770 0.5 456,273 433,531 5.2 434,258 427,158 1.7 442,529 422,139 4.8Edmonton 359,784 348,908 3.1 364,724 348,071 4.8 344,701 340,211 1.3 353,360 340,391 3.8Regina 293,163 305,399 -4.0 309,306 314,095 -1.5 293,455 305,362 -3.9 311,471 312,241 -0.2Saskatoon 347,692 336,186 3.4 335,912 291,358 15.3 349,875 330,013 6.0 335,046 287,355 16.6Winnipeg 255,785 257,089 -0.5 265,153 248,456 6.7 266,851 262,189 1.8 274,121 257,095 6.6Hamilton-Burlington 399,164 398,612 0.1 397,374 365,891 8.6 387,725 396,178 -2.1 390,572 363,162 7.5Kitchener-Waterloo 336,085 339,744 -1.1 345,979 330,205 4.8 321,236 321,177 0.0 327,156 316,836 3.3London and St Thomas 256,403 240,903 6.4 250,137 242,036 3.3 247,750 236,986 4.5 248,308 239,883 3.5Ottawa 352,667 356,902 -1.2 356,128 348,787 2.1 356,063 361,575 -1.5 359,372 354,690 1.3St. Catharines 266,053 260,322 2.2 269,842 269,980 -0.1 255,563 276,782 -7.7 259,178 262,337 -1.2Sudbury 241,684 248,895 -2.9 238,880 239,159 -0.1 246,934 255,135 -3.2 251,673 245,669 2.4Thunder Bay 204,173 178,755 14.2 206,475 187,190 10.3 202,088 184,025 9.8 208,763 198,225 5.3Toronto† 525,987 513,225 2.5 531,374 508,622 4.5 523,620 515,930 1.5 531,374 508,622 4.5Windsor-Essex 181,187 180,364 0.5 191,135 183,212 4.3 171,581 179,222 -4.3 183,980 182,696 0.7Trois Rivières CMA‡ 179,621 172,968 3.8 n/a n/a - 160,681 151,655 6.0 160,681 155,974 3.0Montreal CMA 320,132 323,891 -1.2 n/a n/a - 321,510 322,488 -0.3 329,512 330,412 -0.3Gatineau CMA 232,800 240,221 -3.1 n/a n/a - 242,148 243,003 -0.4 243,771 237,607 2.6Quebec CMA 272,501 280,785 -3.0 n/a n/a - 269,536 268,363 0.4 272,008 263,965 3.0Saguenay CMA 188,147 192,666 -2.3 n/a n/a - 193,361 189,567 2.0 190,102 185,062 2.7Sherbrooke CMA 212,931 226,734 -6.1 n/a n/a - 220,219 221,226 -0.5 224,590 218,612 2.7Saint John 186,246 191,239 -2.6 181,203 157,791 14.8 192,654 182,625 5.5 189,614 163,468 16.0Halifax-Dartmouth 258,603 274,734 -5.9 268,339 264,167 1.6 267,303 275,250 -2.9 272,477 272,495 0.0Newfoundland & Labrador 258,143 252,643 2.2 270,881 252,629 7.2 285,635 276,376 3.4 289,828 265,051 9.3Canada 372,341 368,847 0.9 381,619 363,364 5.0 376,701 374,347 0.6 386,585 368,926 4.8

* 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*


June 2013

Jun 2013 May 2013 monthly change Jun 2013 Jun 2012 year-over-year change Jun 2013 May 2013 monthly change Jun 2013 Jun 2012 year-over-year

change

Fraser Valley 44.9 43.0 1.9 42.7 47.1 -4.4 48.8 44.4 4.4 45.0 49.4 -4.4Vancouver 50.6 49.0 1.6 42.4 45.7 -3.3 52.0 51.4 0.6 43.3 46.7 -3.4Victoria 51.5 47.7 3.8 42.3 41.6 0.7 56.2 50.6 5.6 44.7 43.8 0.9Calgary 67.4 64.5 2.9 62.1 52.7 9.4 72.2 68.5 3.7 66.5 56.6 9.9Edmonton 56.8 51.9 4.9 52.9 48.8 4.1 62.8 58.3 4.5 59.4 54.6 4.8Regina 55.0 49.1 5.9 51.3 64.1 -12.8 56.9 52.5 4.4 53.1 66.6 -13.5Saskatoon 51.2 46.5 4.7 49.4 52.5 -3.1 53.2 48.6 4.6 50.7 54.3 -3.6Winnipeg 66.5 63.2 3.3 65.8 71.4 -5.6 68.7 67.2 1.5 69.3 74.7 -5.4Hamilton-Burlington 67.4 69.6 -2.2 66.7 69.2 -2.5 70.7 72.3 -1.6 69.5 72.7 -3.2Kitchener-Waterloo 57.1 54.1 3.0 52.6 53.1 -0.5 63.0 60.6 2.4 57.1 57.7 -0.6London and St Thomas 46.5 46.1 0.4 45.3 46.3 -1.0 52.0 50.9 1.1 50.0 50.5 -0.5Ottawa 46.2 45.9 0.3 46.0 53.3 -7.3 48.3 47.4 0.9 47.3 54.7 -7.4St. Catharines 50.8 52.0 -1.2 52.2 52.9 -0.7 57.1 58.4 -1.3 55.8 58.4 -2.6Sudbury 42.0 42.3 -0.3 46.2 52.7 -6.5 50.3 51.2 -0.9 53.9 60.1 -6.2Thunder Bay 71.6 60.2 11.4 62.7 70.8 -8.1 79.2 71.4 7.8 71.2 75.5 -4.3Toronto† 53.9 53.9 0.0 52.8 59.9 -7.1 54.5 53.6 0.9 52.8 59.9 -7.1Windsor-Essex 49.5 49.1 0.4 48.8 46.6 2.2 55.3 53.6 1.7 55.3 53.6 1.7Trois Rivières CMA‡ 51.8 42.7 9.1 49.4 52.2 -2.8 53.1 44.6 8.5 51.8 55.3 -3.5Montreal CMA 49.1 47.0 2.1 46.5 52.4 -5.9 50.8 48.6 2.2 47.7 54.1 -6.4Gatineau CMA 50.4 43.1 7.3 44.3 50.7 -6.4 51.9 46.0 5.9 45.7 53.7 -8.0Quebec CMA 47.1 50.0 -2.9 49.5 57.1 -7.6 50.0 50.4 -0.4 51.5 59.9 -8.4Saguenay CMA 62.6 42.3 20.3 49.7 54.6 -4.9 57.6 44.8 12.8 53.0 60.5 -7.5Sherbrooke CMA 51.2 45.4 5.8 47.6 49.2 -1.6 55.5 49.3 6.2 49.8 51.2 -1.4Saint John 36.2 31.3 4.9 31.3 33.1 -1.8 41.9 40.6 1.3 36.6 37.0 -0.4Halifax-Dartmouth 44.2 45.2 -1.0 46.8 57.7 -10.9 51.8 49.1 2.7 50.8 62.5 -11.7Newfoundland & Labrador 39.2 39.9 -0.7 39.8 46.9 -7.1 42.5 43.3 -0.8 44.8 52.9 -8.1Canada 50.2 48.5 1.7 47.7 50.0 -2.3 53.8 51.8 2.0 50.8 53.4 -2.6

*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*


June 2013Year to date

Jun 2013 YTD Jun 2012 YTD percentage change Jun 2013 YTD Jun 2012 YTD percentage

change Jun 2013 YTD Jun 2012 YTD percentage change Jun 2013 YTD Jun 2012 YTD percentage

change

Fraser Valley 2,978.4 3,664.6 -18.7 3,264.2 3,918.4 -16.7 2,787.6 3,448.6 -19.2 3,067.4 3,695.7 -17.0Vancouver 9,491.3 10,511.6 -9.7 10,723.9 11,657.9 -8.0 9,272.9 10,253.2 -9.6 10,493.1 11,396.0 -7.9Victoria 1,340.8 1,466.1 -8.5 1,485.2 1,601.4 -7.3 1,296.8 1,415.5 -8.4 1,442.7 1,556.8 -7.3Calgary 6,550.1 5,830.8 12.3 7,305.1 6,551.6 11.5 6,001.8 5,337.1 12.5 6,778.4 6,046.9 12.1Edmonton 3,705.6 3,492.0 6.1 3,981.4 3,816.2 4.3 3,192.0 2,966.2 7.6 3,481.2 3,276.6 6.2Regina 587.5 669.3 -12.2 629.5 716.0 -12.1 540.0 631.6 -14.5 575.0 670.5 -14.3Saskatoon 926.4 896.8 3.3 964.4 942.6 2.3 896.0 859.1 4.3 944.7 913.3 3.4Winnipeg 1,597.5 1,595.1 0.1 1,680.7 1,707.3 -1.6 1,541.4 1,531.2 0.7 1,625.5 1,645.4 -1.2Hamilton-Burlington 2,604.2 2,545.1 2.3 2,902.2 2,789.5 4.0 2,439.2 2,413.6 1.1 2,735.8 2,659.7 2.9Kitchener-Waterloo 1,187.1 1,132.8 4.8 1,312.5 1,244.0 5.5 1,051.6 1,003.2 4.8 1,174.1 1,109.6 5.8London and St Thomas 1,035.2 1,094.0 -5.4 1,141.1 1,205.9 -5.4 967.9 999.7 -3.2 1,068.9 1,111.0 -3.8Ottawa 2,507.5 2,675.3 -6.3 2,826.4 2,998.4 -5.7 2,474.1 2,636.4 -6.2 2,795.8 2,964.5 -5.7St. Catharines 353.5 386.2 -8.4 374.6 405.9 -7.7 319.1 348.5 -8.5 342.3 368.1 -7.0Sudbury 302.7 342.3 -11.6 314.4 356.3 -11.8 285.7 322.0 -11.3 296.9 332.8 -10.8Thunder Bay 203.8 197.7 3.0 198.0 193.8 2.2 184.7 178.9 3.2 180.4 177.0 1.9Toronto† 21,746.5 23,589.8 -7.8 24,587.9 26,291.6 -6.5 21,739.4 23,544.4 -7.7 24,587.9 26,291.6 -6.5Windsor-Essex 518.2 485.1 6.8 527.8 491.6 7.4 475.9 449.4 5.9 482.8 456.4 5.8Trois Rivières CMA‡ 84.8 90.1 -5.9 100.2 109.2 -8.3 73.2 81.0 -9.6 88.2 98.5 -10.5Montreal CMA 6,167.3 7,192.0 -14.2 7,278.2 8,444.5 -13.8 5,835.6 6,745.4 -13.5 6,933.3 7,987.5 -13.2Gatineau CMA 452.0 510.3 -11.4 509.0 576.6 -11.7 431.0 483.1 -10.8 494.9 553.4 -10.6Quebec CMA 938.3 1,046.9 -10.4 1,070.4 1,203.8 -11.1 859.2 981.7 -12.5 1,004.3 1,145.7 -12.3Saguenay CMA 133.3 143.4 -7.0 149.5 171.3 -12.7 124.5 138.0 -9.8 143.2 164.1 -12.8Sherbrooke CMA 212.6 206.0 3.2 234.7 244.3 -3.9 190.8 187.9 1.5 216.3 225.4 -4.0Saint John 152.8 163.6 -6.6 157.1 158.5 -0.9 135.8 145.8 -6.9 139.1 142.2 -2.2Halifax-Dartmouth 737.4 938.9 -21.5 803.4 1,025.9 -21.7 712.8 900.8 -20.9 779.1 994.7 -21.7Newfoundland & Labrador 663.7 697.1 -4.8 527.4 585.0 -9.8 633.1 656.6 -3.6 504.9 555.9 -9.2Canada 86,414.4 91,242.3 -5.3 95,418.3 100,110.8 -4.7 82,015.1 86,514.7 -5.2 91,037.0 95,387.4 -4.6

* 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‡ 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 6,255 7,595 -17.6 6,730 7,994 -15.8 5,815 7,051 -17.5 6,308 7,527 -16.2Vancouver 12,749 14,050 -9.3 14,201 15,587 -8.9 12,440 13,805 -9.9 13,840 15,230 -9.1Victoria 2,836 3,079 -7.9 3,109 3,321 -6.4 2,698 2,920 -7.6 2,976 3,181 -6.4Calgary 14,660 13,831 6.0 16,212 15,301 6.0 13,986 13,166 6.2 15,526 14,602 6.3Edmonton 10,525 10,139 3.8 11,260 10,999 2.4 9,293 8,909 4.3 10,062 9,726 3.5Regina 1,809 2,223 -18.6 1,892 2,319 -18.4 1,753 2,148 -18.4 1,831 2,236 -18.1Saskatoon 2,776 2,902 -4.3 2,902 3,053 -4.9 2,681 2,776 -3.4 2,830 2,948 -4.0Winnipeg 6,214 6,577 -5.5 6,431 6,921 -7.1 5,853 6,102 -4.1 6,014 6,421 -6.3Hamilton-Burlington 6,757 7,065 -4.4 7,381 7,652 -3.5 6,443 6,766 -4.8 7,061 7,358 -4.0Kitchener-Waterloo 3,467 3,468 0.0 3,807 3,810 -0.1 3,228 3,178 1.6 3,568 3,522 1.3London and St Thomas 4,145 4,433 -6.5 4,501 4,827 -6.8 3,982 4,207 -5.3 4,324 4,594 -5.9Ottawa 7,168 7,663 -6.5 7,917 8,517 -7.0 6,965 7,435 -6.3 7,722 8,297 -6.9St. Catharines 1,332 1,470 -9.4 1,433 1,570 -8.7 1,258 1,377 -8.6 1,358 1,474 -7.9Sudbury 1,262 1,441 -12.4 1,288 1,482 -13.1 1,138 1,324 -14.0 1,175 1,361 -13.7Thunder Bay 1,095 1,170 -6.4 1,058 1,134 -6.7 951 1,008 -5.7 931 986 -5.6Toronto† 42,385 47,079 -10.0 46,953 51,911 -9.6 42,408 47,120 -10.0 46,953 51,911 -9.6Windsor-Essex 2,835 2,742 3.4 2,907 2,824 2.9 2,665 2,563 4.0 2,724 2,650 2.8Trois Rivières CMA‡ 505 558 -9.5 590 665 -11.3 472 517 -8.7 558 624 -10.6Montreal CMA 18,975 22,051 -13.9 22,653 26,302 -13.9 18,249 21,238 -14.1 21,948 25,477 -13.9Gatineau CMA 1,880 2,109 -10.9 2,143 2,443 -12.3 1,801 2,024 -11.0 2,035 2,320 -12.3Quebec CMA 3,382 4,007 -15.6 3,943 4,693 -16.0 3,196 3,843 -16.8 3,762 4,503 -16.5Saguenay CMA 696 804 -13.4 810 962 -15.8 629 729 -13.7 750 885 -15.3Sherbrooke CMA 953 965 -1.2 1,094 1,207 -9.4 879 869 1.2 1,008 1,079 -6.6Saint John 893 1,008 -11.4 912 989 -7.8 784 851 -7.9 793 835 -5.0Halifax-Dartmouth 2,722 3,579 -23.9 2,940 3,833 -23.3 2,540 3,350 -24.2 2,793 3,632 -23.1Newfoundland & Labrador 2,425 2,754 -11.9 1,944 2,314 -16.0 2,225 2,519 -11.7 1,769 2,109 -16.1Canada 234,957 252,642 -7.0 254,537 273,863 -7.1 220,464 236,665 -6.8 240,068 257,785 -6.9



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

Sales Activity





change

Fraser Valley 14,719 15,868 -7.2 16,709 18,002 -7.2 13,002 14,309 -9.1 14,859 16,291 -8.8Vancouver 28,867 32,218 -10.4 33,742 38,276 -11.8 27,449 30,834 -11.0 32,220 36,685 -12.2Victoria 6,392 7,182 -11.0 7,426 8,450 -12.1 5,740 6,517 -11.9 6,674 7,684 -13.1Calgary 23,610 24,419 -3.3 27,542 28,440 -3.2 21,058 21,792 -3.4 24,559 25,271 -2.8Edmonton 19,133 20,634 -7.3 21,953 23,622 -7.1 15,129 16,303 -7.2 17,393 18,547 -6.2Regina 3,565 3,260 9.4 4,091 3,760 8.8 3,366 3,059 10.0 3,871 3,545 9.2Saskatoon 5,600 5,295 5.8 6,285 6,028 4.3 5,272 4,893 7.7 5,975 5,653 5.7Winnipeg 9,558 9,218 3.7 10,657 10,337 3.1 8,472 8,244 2.8 9,426 9,222 2.2Hamilton-Burlington 9,931 9,990 -0.6 11,469 11,523 -0.5 9,092 9,203 -1.2 10,539 10,627 -0.8Kitchener-Waterloo 6,502 6,732 -3.4 7,369 7,710 -4.4 5,540 5,767 -3.9 6,351 6,655 -4.6London and St Thomas 9,313 9,480 -1.8 10,464 10,615 -1.4 8,102 8,239 -1.7 9,168 9,310 -1.5Ottawa 15,751 14,633 7.6 18,248 17,072 6.9 14,919 13,828 7.9 17,345 16,249 6.7St. Catharines 2,566 2,532 1.3 2,850 2,814 1.3 2,259 2,238 0.9 2,483 2,471 0.5Sudbury 2,799 2,672 4.8 3,101 2,928 5.9 2,183 2,146 1.7 2,416 2,338 3.3Thunder Bay 1,731 1,690 2.4 1,889 1,778 6.2 1,350 1,368 -1.3 1,468 1,446 1.5Toronto† 78,460 79,737 -1.6 89,454 90,939 -1.6 78,617 79,704 -1.4 89,454 90,939 -1.6Windsor-Essex 5,679 5,823 -2.5 6,280 6,414 -2.1 4,720 4,774 -1.1 5,171 5,228 -1.1Trois Rivières CMA‡ 1,116 1,066 4.7 1,236 1,207 2.4 982 920 6.7 1,108 1,071 3.5Montreal CMA 41,446 41,856 -1.0 46,530 47,233 -1.5 38,930 39,032 -0.3 44,020 44,394 -0.8Gatineau CMA 4,375 4,152 5.4 5,064 4,976 1.8 4,029 3,779 6.6 4,612 4,480 2.9Quebec CMA 7,012 7,086 -1.0 7,773 7,891 -1.5 6,393 6,442 -0.8 7,146 7,250 -1.4Saguenay CMA 1,440 1,590 -9.4 1,696 1,883 -9.9 1,244 1,230 1.1 1,511 1,531 -1.3Sherbrooke CMA 1,966 1,988 -1.1 2,177 2,354 -7.5 1,689 1,700 -0.6 1,886 2,027 -7.0Saint John 2,960 3,020 -2.0 3,344 3,391 -1.4 2,140 2,261 -5.4 2,414 2,565 -5.9Halifax-Dartmouth 6,180 6,054 2.1 7,176 7,024 2.2 5,347 5,209 2.6 6,259 6,119 2.3Newfoundland & Labrador 6,082 5,683 7.0 6,493 6,091 6.6 4,946 4,636 6.7 5,240 4,934 6.2Canada 489,654 502,020 -2.5 557,244 572,817 -2.7 431,034 441,688 -2.4 492,346 505,763 -2.7



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

New Listings





change

Fraser Valley 476,158 482,501 -1.3 485,026 490,174 -1.1 479,383 489,094 -2.0 486,267 490,991 -1.0Vancouver 744,471 748,154 -0.5 755,152 747,923 1.0 745,409 742,718 0.4 758,175 748,262 1.3Victoria 472,780 476,165 -0.7 477,699 482,194 -0.9 480,638 484,764 -0.9 484,770 489,419 -0.9Calgary 446,801 421,576 6.0 450,596 428,181 5.2 429,131 405,372 5.9 436,584 414,111 5.4Edmonton 352,076 344,412 2.2 353,588 346,955 1.9 343,479 332,948 3.2 345,975 336,890 2.7Regina 324,774 301,083 7.9 332,708 308,767 7.8 308,057 294,042 4.8 314,012 299,874 4.7Saskatoon 333,710 309,040 8.0 332,320 308,730 7.6 334,222 309,468 8.0 333,819 309,792 7.8Winnipeg 257,087 242,534 6.0 261,349 246,686 5.9 263,356 250,928 5.0 270,282 256,260 5.5Hamilton-Burlington 385,411 360,245 7.0 393,200 364,547 7.9 378,589 356,719 6.1 387,456 361,464 7.2Kitchener-Waterloo 342,392 326,657 4.8 344,766 326,503 5.6 325,767 315,673 3.2 329,074 315,049 4.5London and St Thomas 249,745 246,792 1.2 253,512 249,821 1.5 243,077 237,622 2.3 247,204 241,829 2.2Ottawa 349,819 349,119 0.2 357,007 352,044 1.4 355,220 354,587 0.2 362,051 357,293 1.3St. Catharines 265,427 262,690 1.0 261,398 258,523 1.1 253,628 253,102 0.2 252,036 249,728 0.9Sudbury 239,891 237,533 1.0 244,082 240,394 1.5 251,060 243,165 3.2 252,652 244,551 3.3Thunder Bay 186,087 169,004 10.1 187,162 170,933 9.5 194,189 177,499 9.4 193,759 179,491 7.9Toronto† 513,071 501,068 2.4 523,671 506,474 3.4 512,625 499,668 2.6 523,671 506,474 3.4Windsor-Essex 182,801 176,910 3.3 181,566 174,093 4.3 178,575 175,352 1.8 177,248 172,227 2.9Trois Rivières CMA‡ 167,859 161,492 3.9 n/a n/a - 158,532 158,709 -0.1 157,967 160,664 -1.7Montreal CMA 325,020 326,154 -0.3 n/a n/a - 327,769 324,882 0.9 317,837 297,015 7.0Gatineau CMA 240,413 241,982 -0.6 n/a n/a - 240,873 239,121 0.7 238,915 228,722 4.5Quebec CMA 277,453 261,259 6.2 n/a n/a - 269,597 257,103 4.9 256,385 239,978 6.8Saguenay CMA 191,483 178,325 7.4 n/a n/a - 191,636 185,447 3.3 186,819 171,081 9.2Sherbrooke CMA 223,136 213,439 4.5 n/a n/a - 221,580 217,070 2.1 211,063 205,824 2.5Saint John 171,161 162,273 5.5 172,228 160,222 7.5 173,151 171,289 1.1 175,420 170,278 3.0Halifax-Dartmouth 270,891 262,337 3.3 273,256 267,643 2.1 280,646 268,903 4.4 278,932 273,880 1.8Newfoundland & Labrador 273,677 253,138 8.1 271,295 252,798 7.3 284,540 260,650 9.2 285,429 263,581 8.3Canada 367,788 361,153 1.8 374,870 365,551 2.5 372,011 365,558 1.8 379,213 370,027 2.5

* Weighted residential average prices for Quebec (provided by Québec Federation of Real Estate Boards); does not affect weighted and unweighted national average price calculations. Information on Quebec's weighted average price calculation can be found at: http://www.fciq.ca/immobilier-statistiques-definitions.php†Detailed data for the Toronto Real Estate Board (TREB) market area can be found at http://www.torontorealestateboard.com/consumer_info/market_news/index.htm‡ Includes non-member data1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


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

Average Price*



Jun 2013 YTD Jun 2012 YTD change Jun 2013 YTD Jun 2012 YTD change Jun 2013 YTD Jun 2012 YTD change Jun 2013 YTD Jun 2012 YTD change

Fraser Valley 42.5 47.9 -5.4 40.3 44.4 -4.1 44.7 49.3 -4.6 42.5 46.2 -3.7Vancouver 44.2 43.6 0.6 42.1 40.7 1.4 45.3 44.8 0.5 43.0 41.5 1.5Victoria 44.4 42.9 1.5 41.9 39.3 2.6 47.0 44.8 2.2 44.6 41.4 3.2Calgary 62.1 56.6 5.5 58.9 53.8 5.1 66.4 60.4 6.0 63.2 57.8 5.4Edmonton 55.0 49.1 5.9 51.3 46.6 4.7 61.4 54.6 6.8 57.9 52.4 5.5Regina 50.7 68.2 -17.5 46.2 61.7 -15.5 52.1 70.2 -18.1 47.3 63.1 -15.8Saskatoon 49.6 54.8 -5.2 46.2 50.6 -4.4 50.9 56.7 -5.8 47.4 52.1 -4.7Winnipeg 65.0 71.3 -6.3 60.3 67.0 -6.7 69.1 74.0 -4.9 63.8 69.6 -5.8Hamilton-Burlington 68.0 70.7 -2.7 64.4 66.4 -2.0 70.9 73.5 -2.6 67.0 69.2 -2.2Kitchener-Waterloo 53.3 51.5 1.8 51.7 49.4 2.3 58.3 55.1 3.2 56.2 52.9 3.3London and St Thomas 44.5 46.8 -2.3 43.0 45.5 -2.5 49.1 51.1 -2.0 47.2 49.3 -2.1Ottawa 45.5 52.4 -6.9 43.4 49.9 -6.5 46.7 53.8 -7.1 44.5 51.1 -6.6St. Catharines 51.9 58.1 -6.2 50.3 55.8 -5.5 55.7 61.5 -5.8 54.7 59.7 -5.0Sudbury 45.1 53.9 -8.8 41.5 50.6 -9.1 52.1 61.7 -9.6 48.6 58.2 -9.6Thunder Bay 63.3 69.2 -5.9 56.0 63.8 -7.8 70.4 73.7 -3.3 63.4 68.2 -4.8Toronto† 54.0 59.0 -5.0 52.5 57.1 -4.6 53.9 59.1 -5.2 52.5 57.1 -4.6Windsor-Essex 49.9 47.1 2.8 46.3 44.0 2.3 56.5 53.7 2.8 52.7 50.7 2.0Trois Rivières CMA‡ 45.3 52.3 -7.0 47.7 55.1 -7.4 48.1 56.2 -8.1 50.4 58.3 -7.9Montreal CMA 45.8 52.7 -6.9 48.7 55.7 -7.0 46.9 54.4 -7.5 49.9 57.4 -7.5Gatineau CMA 43.0 50.8 -7.8 42.3 49.1 -6.8 44.7 53.6 -8.9 44.1 51.8 -7.7Quebec CMA 48.2 56.5 -8.3 50.7 59.5 -8.8 50.0 59.7 -9.7 52.6 62.1 -9.5Saguenay CMA 48.3 50.6 -2.3 47.8 51.1 -3.3 50.6 59.3 -8.7 49.6 57.8 -8.2Sherbrooke CMA 48.5 48.5 0.0 50.3 51.3 -1.0 52.0 51.1 0.9 53.4 53.2 0.2Saint John 30.2 33.4 -3.2 27.3 29.2 -1.9 36.6 37.6 -1.0 32.9 32.6 0.3Halifax-Dartmouth 44.0 59.1 -15.1 41.0 54.6 -13.6 47.5 64.3 -16.8 44.6 59.4 -14.8Newfoundland & Labrador 39.9 48.5 -8.6 29.9 38.0 -8.1 45.0 54.3 -9.3 33.8 42.7 -8.9Canada 48.0 50.3 -2.3 45.7 47.8 -2.1 51.1 53.6 -2.5 48.8 51.0 -2.2



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

Sales as a Percentage of New Listings


June 2013


percentage change


percentage change


percentage change


percentage change

British Columbia 3,425.4 3,134.0 9.3 4,016.1 3,604.4 11.4 3,251.8 3,004.9 8.2 3,837.0 3,429.5 11.9Alberta 2,311.4 2,231.0 3.6 2,879.1 2,610.4 10.3 2,110.2 2,023.5 4.3 2,628.4 2,367.3 11.0Saskatchewan 375.4 345.3 8.7 438.4 425.5 3.0 358.6 324.5 10.5 424.8 399.4 6.4Manitoba 334.7 300.1 11.5 438.3 412.3 6.3 322.0 288.9 11.5 425.7 398.9 6.7Ontario 6,889.2 6,766.2 1.8 8,637.2 8,393.6 2.9 6,696.6 6,571.2 1.9 8,402.3 8,199.3 2.5Quebec‡ 1,743.6 1,703.6 2.3 1,771.0 1,921.1 -7.8 1,640.8 1,595.4 2.8 1,677.9 1,799.0 -6.7New Brunswick 97.6 101.0 -3.3 126.5 133.4 -5.2 89.8 90.0 -0.3 117.7 124.9 -5.8Nova Scotia 177.9 184.5 -3.6 231.8 278.8 -16.9 165.0 169.8 -2.8 215.8 265.7 -18.8Prince Edward Island 16.1 28.3 -43.0 24.2 30.7 -21.2 16.3 23.6 -30.7 21.0 25.3 -16.9Newfoundland & Labrador 110.0 102.1 7.7 120.3 156.4 -23.1 105.4 100.3 5.1 116.8 148.4 -21.3Northwest Territories 5.9 3.5 70.2 7.4 5.2 43.3 6.5 3.0 116.6 7.4 5.2 43.3Yukon 6.0 9.6 -37.1 7.6 13.4 -43.4 6.3 9.5 -33.8 7.6 13.2 -42.3Canada 15,493.1 14,909.1 3.9 18,697.8 17,985.1 4.0 14,769.3 14,204.6 4.0 17,882.6 17,176.1 4.1


percentage change


percentage change


percentage change


percentage change

British Columbia 6,602 6,239 5.8 7,683 7,324 4.9 6,189 5,802 6.7 7,196 6,815 5.6Alberta 5,994 5,771 3.9 7,306 6,939 5.3 5,612 5,378 4.4 6,810 6,400 6.4Saskatchewan 1,292 1,197 7.9 1,507 1,577 -4.4 1,234 1,136 8.6 1,455 1,493 -2.5Manitoba 1,334 1,196 11.5 1,691 1,693 -0.1 1,237 1,131 9.4 1,595 1,591 0.3Ontario 17,528 17,323 1.2 21,527 21,784 -1.2 16,787 16,505 1.7 20,633 20,842 -1.0Quebec‡ 6,753 6,522 3.5 6,730 7,151 -5.9 6,334 6,106 3.7 6,318 6,734 -6.2New Brunswick 646 643 0.5 796 826 -3.6 554 559 -0.9 701 732 -4.2Nova Scotia 858 895 -4.1 1,088 1,327 -18.0 743 784 -5.2 960 1,182 -18.8Prince Edward Island 153 190 -19.5 185 201 -8.0 123 139 -11.5 148 154 -3.9Newfoundland & Labrador 426 404 5.4 444 619 -28.3 369 363 1.7 403 560 -28.0Northwest Territories 13 9 44.4 17 13 30.8 13 9 44.4 17 13 30.8Yukon 11 32 -65.6 22 42 -47.6 12 33 -63.6 22 41 -46.3Canada 41,610 40,421 2.9 48,996 49,496 -1.0 39,207 37,945 3.3 46,258 46,557 -0.6

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


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

Sales Activity

Total1 Residential

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

Dollar Volume*

s.a.2 nsa3

ResidentialTotal1

s.a.2 nsa3

June 2013


percentage change


percentage change


percentage change


percentage change

British Columbia 14,080 13,969 0.8 15,742 17,795 -11.5 12,152 12,045 0.9 13,616 15,641 -12.9Alberta 10,103 10,301 -1.9 11,881 12,698 -6.4 8,747 8,823 -0.9 10,218 10,577 -3.4Saskatchewan 2,594 2,541 2.1 3,108 2,752 12.9 2,353 2,302 2.2 2,852 2,527 12.9Manitoba 2,032 1,956 3.9 2,522 2,279 10.7 1,822 1,740 4.7 2,257 2,054 9.9Ontario 33,940 34,255 -0.9 38,826 39,538 -1.8 30,738 30,996 -0.8 35,475 36,151 -1.9Quebec‡ 14,613 14,804 -1.3 12,671 13,654 -7.2 12,935 13,169 -1.8 11,181 11,801 -5.3New Brunswick 1,607 1,668 -3.7 1,833 2,111 -13.2 1,224 1,218 0.5 1,430 1,613 -11.3Nova Scotia 2,266 2,294 -1.2 2,642 2,709 -2.5 1,708 1,771 -3.6 2,017 2,119 -4.8Prince Edward Island 479 498 -3.8 653 626 4.3 305 315 -3.2 398 393 1.3Newfoundland & Labrador 1,088 1,013 7.4 1,309 1,187 10.3 869 839 3.6 1,038 956 8.6Northwest Territories 20 19 5.3 27 18 50.0 19 19 0.0 27 17 58.8Yukon 39 52 -25.0 56 86 -34.9 36 51 -29.4 53 79 -32.9Canada 82,861 83,370 -0.6 91,270 95,453 -4.4 72,908 73,288 -0.5 80,562 83,928 -4.0


percentage change


percentage change


percentage change


percentage change

British Columbia 518,841 502,332 3.3 522,727 492,137 6.2 525,414 517,914 1.4 533,219 503,232 6.0Alberta 385,615 386,584 -0.3 394,069 376,191 4.8 376,014 376,249 -0.1 385,959 369,895 4.3Saskatchewan 290,554 288,468 0.7 290,912 269,800 7.8 290,588 285,663 1.7 291,981 267,534 9.1Manitoba 250,881 250,906 0.0 259,191 243,504 6.4 260,302 255,416 1.9 266,903 250,698 6.5Ontario 393,038 390,591 0.6 401,226 385,311 4.1 398,914 398,133 0.2 407,228 393,404 3.5Quebec‡ 258,192 261,215 -1.2 n/a n/a - 265,945 266,090 -0.1 270,221 269,538 0.3New Brunswick 151,072 157,032 -3.8 158,897 161,445 -1.6 162,075 161,065 0.6 167,878 170,619 -1.6Nova Scotia 207,373 206,180 0.6 213,024 210,088 1.4 222,097 216,544 2.6 224,839 224,765 0.0Prince Edward Island 105,477 148,908 -29.2 130,664 152,527 -14.3 132,866 169,568 -21.6 142,002 164,251 -13.5Newfoundland & Labrador 258,143 252,643 2.2 270,881 252,629 7.2 285,635 276,376 3.4 289,828 265,051 9.3Northwest Territories 452,436 383,858 17.9 437,024 398,789 9.6 502,063 334,854 49.9 437,024 398,789 9.6Yukon 547,022 299,116 82.9 345,795 319,964 8.1 523,528 287,582 82.0 345,795 321,621 7.5Canada 372,341 368,847 0.9 381,619 363,364 5.0 376,701 374,347 0.6 386,585 368,926 4.8

* 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


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*


June 2013


change

British Columbia 46.9 44.7 2.2 40.3 42.2 -1.9 50.9 48.2 2.7 43.4 45.0 -1.6Alberta 59.3 56.0 3.3 55.7 49.9 5.8 64.2 61.0 3.2 60.8 54.7 6.1Saskatchewan 49.8 47.1 2.7 49.0 54.0 -5.0 52.4 49.3 3.1 51.1 56.6 -5.5Manitoba 65.6 61.1 4.5 65.3 70.1 -4.8 67.9 65.0 2.9 68.6 73.1 -4.5Ontario 51.6 50.6 1.0 50.3 54.3 -4.0 54.6 53.2 1.4 52.8 57.2 -4.4Quebec‡ 46.2 44.1 2.1 44.3 47.9 -3.6 49.0 46.4 2.6 46.4 50.7 -4.3New Brunswick 40.2 38.5 1.7 36.4 38.3 -1.9 45.3 45.9 -0.6 41.3 43.0 -1.7Nova Scotia 37.9 39.0 -1.1 40.5 46.0 -5.5 43.5 44.3 -0.8 46.1 52.5 -6.4Prince Edward Island 31.9 38.2 -6.3 39.6 44.3 -4.7 40.3 44.1 -3.8 46.7 51.4 -4.7Newfoundland & Labrador 39.2 39.9 -0.7 39.8 46.9 -7.1 42.5 43.3 -0.8 44.8 52.9 -8.1Northwest Territories 65.0 47.4 17.6 63.6 80.1 -16.5 68.4 47.4 21.0 63.7 81.9 -18.2Yukon 28.2 61.5 -33.3 50.2 45.2 5.0 33.3 64.7 -31.4 51.8 48.2 3.6Canada 50.2 48.5 1.7 47.7 50.0 -2.3 53.8 51.8 2.0 50.8 53.4 -2.6


change

British Columbia 7.5 8.1 -0.6 11.6 10.3 1.3 8.0 8.7 -0.7 9.6 8.5 1.1Alberta 3.7 3.8 -0.1 5.7 6.8 -1.1 3.9 4.1 -0.2 4.4 5.3 -0.9Saskatchewan 5.5 5.8 -0.3 6.8 6.3 0.5 5.7 6.1 -0.4 6.0 5.5 0.5Manitoba 2.5 2.7 -0.2 3.3 3.1 0.3 2.7 2.9 -0.2 2.7 2.5 0.2Ontario 3.8 3.9 -0.1 5.2 4.7 0.5 4.0 4.1 -0.1 4.2 3.8 0.4Quebec‡ 10.5 10.8 -0.3 12.8 10.8 2.0 11.2 11.5 -0.3 11.3 9.3 2.0New Brunswick 9.7 9.9 -0.2 16.0 14.3 1.7 11.3 11.3 0.0 11.8 10.5 1.3Nova Scotia 10.4 9.9 0.5 15.5 13.0 2.5 12.0 11.3 0.7 10.6 8.8 1.9Prince Edward Island 11.0 8.9 2.1 20.6 18.0 2.6 13.7 12.1 1.6 13.1 11.6 1.5Newfoundland & Labrador 6.5 6.8 -0.3 9.9 8.3 1.7 7.5 7.6 -0.1 7.3 6.0 1.4Northwest Territories 4.1 5.3 -1.2 3.4 2.5 0.9 4.1 5.3 -1.2 3.1 2.2 0.9Yukon 27.5 9.8 17.7 12.8 9.4 3.4 25.2 9.5 15.7 11.8 7.8 4.0Canada 5.8 6.0 -0.2 8.0 7.3 0.7 6.1 6.3 -0.2 6.5 5.9 0.6

*Actual (not seasonally adjusted) data for sales-to-new listings ratios and months of inventory are based on a 12-month moving average‡ Includes member and non-member data1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


Months of Inventory*


nsa3 s.a.2 nsa3

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

Sales as a Percentage of New

Listings*

Total1 Residentials.a.2




change

British Columbia 17,814.7 19,750.9 -9.8 19,634.4 21,386.0 -8.2 16,977.0 18,815.8 -9.8 18,777.6 20,446.4 -8.2Alberta 13,106.6 12,237.1 7.1 14,272.9 13,410.9 6.4 11,820.9 10,896.3 8.5 13,006.4 12,018.7 8.2Saskatchewan 2,027.3 2,102.5 -3.6 2,130.9 2,215.0 -3.8 1,865.1 1,955.9 -4.6 1,974.7 2,064.6 -4.4Manitoba 1,781.3 1,799.7 -1.0 1,866.2 1,928.9 -3.2 1,713.2 1,719.9 -0.4 1,800.8 1,850.7 -2.7Ontario 39,114.6 41,203.9 -5.1 43,470.7 45,299.4 -4.0 37,900.0 39,932.0 -5.1 42,242.6 44,069.4 -4.1Quebec‡ 10,057.3 11,317.7 -11.1 11,602.3 13,072.4 -11.2 9,404.1 10,575.8 -11.1 10,954.5 12,315.5 -11.1New Brunswick 557.0 573.7 -2.9 587.2 599.5 -2.1 507.5 523.9 -3.1 539.5 555.8 -2.9Nova Scotia 1,063.3 1,307.9 -18.7 1,120.2 1,382.9 -19.0 990.2 1,219.4 -18.8 1,049.7 1,306.1 -19.6Prince Edward Island 147.9 165.4 -10.6 127.8 144.6 -11.6 125.9 134.0 -6.0 109.9 118.5 -7.3Newfoundland & Labrador 663.7 697.1 -4.8 527.4 585.0 -9.8 633.1 656.6 -3.6 504.9 555.9 -9.2Northwest Territories 26.3 28.7 -8.4 26.1 28.2 -7.2 26.7 28.0 -4.6 26.1 28.2 -7.2Yukon 54.6 57.8 -5.5 52.1 58.0 -10.2 51.3 57.3 -10.3 50.4 57.6 -12.6Canada 86,414.4 91,242.3 -5.3 95,418.3 100,110.8 -4.7 82,015.1 86,514.7 -5.2 91,037.0 95,387.4 -4.6



change

British Columbia 35,216 38,555 -8.7 37,781 40,919 -7.7 32,856 35,952 -8.6 35,336 38,312 -7.8Alberta 33,982 33,028 2.9 36,661 35,758 2.5 31,449 30,295 3.8 34,123 32,934 3.6Saskatchewan 6,915 7,748 -10.8 7,186 8,034 -10.6 6,519 7,271 -10.3 6,793 7,554 -10.1Manitoba 7,140 7,621 -6.3 7,361 8,012 -8.1 6,724 7,097 -5.3 6,882 7,451 -7.6Ontario 100,752 108,242 -6.9 109,116 117,164 -6.9 95,999 103,154 -6.9 104,352 111,999 -6.8Quebec‡ 38,457 43,156 -10.9 44,413 50,104 -11.4 35,978 40,489 -11.1 41,941 47,346 -11.4New Brunswick 3,598 3,752 -4.1 3,679 3,831 -4.0 3,152 3,243 -2.8 3,262 3,358 -2.9Nova Scotia 5,173 6,311 -18.0 5,285 6,440 -17.9 4,513 5,525 -18.3 4,690 5,720 -18.0Prince Edward Island 1,078 1,235 -12.7 891 1,049 -15.1 833 886 -6.0 703 766 -8.2Newfoundland & Labrador 2,425 2,754 -11.9 1,944 2,314 -16.0 2,225 2,519 -11.7 1,769 2,109 -16.1Northwest Territories 67 72 -6.9 65 70 -7.1 64 71 -9.9 65 70 -7.1Yukon 154 168 -8.3 155 168 -7.7 152 163 -6.7 152 166 -8.4Canada 234,957 252,642 -7.0 254,537 273,863 -7.1 220,464 236,665 -6.8 240,068 257,785 -6.9

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


Sales Activity


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

Dollar Volume*





change

British Columbia 84,461 92,011 -8.2 97,588 107,488 -9.2 72,994 80,894 -9.8 84,774 94,741 -10.5Alberta 60,446 63,427 -4.7 69,760 72,889 -4.3 51,432 53,282 -3.5 59,359 61,028 -2.7Saskatchewan 14,303 13,708 4.3 16,123 15,526 3.8 12,959 12,330 5.1 14,697 14,031 4.7Manitoba 11,102 10,914 1.7 12,429 12,198 1.9 9,883 9,812 0.7 11,034 10,936 0.9Ontario 198,581 199,591 -0.5 226,790 228,141 -0.6 180,148 180,920 -0.4 206,112 207,367 -0.6Quebec‡ 88,390 90,255 -2.1 98,025 100,431 -2.4 78,678 79,824 -1.4 88,177 89,774 -1.8New Brunswick 9,982 10,037 -0.5 11,310 11,389 -0.7 7,661 7,686 -0.3 8,689 8,815 -1.4Nova Scotia 13,226 13,417 -1.4 15,144 15,254 -0.7 10,212 10,238 -0.3 11,839 11,819 0.2Prince Edward Island 2,648 2,525 4.9 3,103 2,910 6.6 1,701 1,639 3.8 1,962 1,850 6.1Newfoundland & Labrador 6,082 5,683 7.0 6,493 6,091 6.6 4,946 4,636 6.7 5,240 4,934 6.2Northwest Territories 129 85 51.8 139 95 46.3 127 82 54.9 138 92 50.0Yukon 304 367 -17.2 340 405 -16.0 293 345 -15.1 325 376 -13.6Canada 489,654 502,020 -2.5 557,244 572,817 -2.7 431,034 441,688 -2.4 492,346 505,763 -2.7



change

British Columbia 505,868 512,278 -1.3 519,690 522,642 -0.6 516,708 523,358 -1.3 531,401 533,681 -0.4Alberta 385,692 370,507 4.1 389,322 375,046 3.8 375,875 359,674 4.5 381,161 364,934 4.4Saskatchewan 293,173 271,357 8.0 296,530 275,702 7.6 286,105 268,995 6.4 290,689 273,311 6.4Manitoba 249,476 236,150 5.6 253,525 240,747 5.3 254,795 242,343 5.1 261,668 248,389 5.3Ontario 388,227 380,665 2.0 398,390 386,632 3.0 394,795 387,110 2.0 404,809 393,480 2.9Quebec‡ 261,521 262,250 -0.3 n/a n/a - 272,167 269,816 0.9 261,546 243,523 7.4New Brunswick 154,807 152,893 1.3 159,597 156,485 2.0 161,011 161,561 -0.3 165,380 165,515 -0.1Nova Scotia 205,542 207,247 -0.8 211,966 214,735 -1.3 219,406 220,707 -0.6 223,827 228,347 -2.0Prince Edward Island 137,205 133,948 2.4 143,432 137,885 4.0 151,171 151,221 0.0 156,280 154,674 1.0Newfoundland & Labrador 273,677 253,138 8.1 271,295 252,798 7.3 284,540 260,650 9.2 285,429 263,581 8.3Northwest Territories 392,252 398,316 -1.5 402,062 402,444 -0.1 416,785 393,838 5.8 402,062 402,444 -0.1Yukon 354,745 344,080 3.1 336,281 345,458 -2.7 337,827 351,253 -3.8 331,274 346,882 -4.5Canada 367,788 361,153 1.8 374,870 365,551 2.5 372,011 365,558 1.8 379,213 370,027 2.5

* Provincial weighted residential average price for Quebec (provided by Québec Federation of Real Estate Boards); does not affect weighted and unweighted national average price calculations. Information on Quebec's weighted average price calculation can be found at: http://www.fciq.ca/immobilier-statistiques-definitions.php‡ Includes member and non-member data1 Total = Residential + Non-residential2 Seasonally adjusted3 Not seasonally adjusted


Average Price*


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

New Listings




British Columbia 41.7 41.9 -0.2 38.7 38.1 0.6 45.0 44.4 0.6 41.7 40.4 1.3Alberta 56.2 52.1 4.1 52.6 49.1 3.5 61.1 56.9 4.2 57.5 54.0 3.5Saskatchewan 48.3 56.5 -8.2 44.6 51.7 -7.1 50.3 59.0 -8.7 46.2 53.8 -7.6Manitoba 64.3 69.8 -5.5 59.2 65.7 -6.5 68.0 72.3 -4.3 62.4 68.1 -5.7Ontario 50.7 54.2 -3.5 48.1 51.4 -3.3 53.3 57.0 -3.7 50.6 54.0 -3.4Quebec‡ 43.5 47.8 -4.3 45.3 49.9 -4.6 45.7 50.7 -5.0 47.6 52.7 -5.1New Brunswick 36.0 37.4 -1.4 32.5 33.6 -1.1 41.1 42.2 -1.1 37.5 38.1 -0.6Nova Scotia 39.1 47.0 -7.9 34.9 42.2 -7.3 44.2 54.0 -9.8 39.6 48.4 -8.8Prince Edward Island 40.7 48.9 -8.2 28.7 36.0 -7.3 49.0 54.1 -5.1 35.8 41.4 -5.6Newfoundland & Labrador 39.9 48.5 -8.6 29.9 38.0 -8.1 45.0 54.3 -9.3 33.8 42.7 -8.9Northwest Territories 51.9 84.7 -32.8 46.8 73.7 -26.9 50.4 86.6 -36.2 47.1 76.1 -29.0Yukon 50.7 45.8 4.9 45.6 41.5 4.1 51.9 47.2 4.7 46.8 44.1 2.7Canada 48.0 50.3 -2.3 45.7 47.8 -2.1 51.1 53.6 -2.5 48.8 51.0 -2.2


British Columbia 8.7 8.1 0.6 10.4 9.8 0.6 9.3 8.7 0.6 8.6 8.1 0.5Alberta 3.9 4.5 -0.6 5.0 5.8 -0.8 4.2 4.9 -0.7 3.8 4.5 -0.7Saskatchewan 5.9 4.8 1.1 6.8 5.6 1.2 6.2 5.1 1.1 6.0 4.9 1.1Manitoba 2.6 2.4 0.2 3.3 2.9 0.4 2.8 2.5 0.3 2.7 2.4 0.3Ontario 4.0 3.6 0.4 4.8 4.3 0.5 4.2 3.7 0.5 3.9 3.5 0.4Quebec‡ 10.8 8.8 2.0 11.6 9.6 2.0 11.5 9.4 2.1 10.3 8.4 1.9New Brunswick 10.6 9.2 1.4 15.8 14.0 1.8 12.1 10.7 1.4 11.6 10.3 1.3Nova Scotia 10.0 7.4 2.6 15.9 12.2 3.7 11.4 8.5 2.9 10.9 8.1 2.8Prince Edward Island 9.5 7.8 1.7 23.3 19.0 4.3 12.3 10.9 1.4 14.1 12.3 1.8Newfoundland & Labrador 6.7 5.4 1.3 12.0 9.3 2.7 7.3 5.9 1.4 8.9 6.8 2.1Northwest Territories 4.2 2.1 2.1 4.6 2.6 2.0 4.4 2.1 2.3 4.3 2.2 2.1Yukon 11.9 8.6 3.3 12.4 10.1 2.3 12.0 8.9 3.1 11.5 8.5 3.0Canada 6.1 5.5 0.6 7.4 6.7 0.7 6.5 5.9 0.6 6.0 5.4 0.6

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


Months of Inventory


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

Sales as a Percentage of New

Listings


The Canadian Real Estate Association News Release

Documents

Transcript of The Canadian Real Estate Association News Release