Widespread Sales Gains Amid Slowing Price Growth in June
Metropolitan Monthly Monitors: Metro Resale Index July 2011
Metropolitan Monthly Monitors: Metro Resale Index July 2011
$55.00
- Resale transactions were broadly higher in June than in May. Sales rose in 20 of our 28 markets, with 14 posting gains of 5 per cent or more. Volumes exceeded their year-earlier level in 23 markets.
- New listings also posted general gains. June listings exceeded May’s in 19 markets, with 10 showing a rise of 5 per cent or more. June’s listings were above year-earlier levels in 15 areas.
- Despite the rise in sales, generally faster listings growth trimmed the sales-to-listings ratio between May and June in 15 of our 28 areas. June’s ratio exceeded its year-earlier level in 19 locations. We estimate that 24 of our markets are in a “balanced” stance.
- In Vancouver, while annual gains remain large, price growth decelerated for the second straight month. Slowing also took hold in 17 other markets. But prices grew on a year-over-year basis in 26 of 28 areas.
Effective January 26, 2026, AERIC Inc./Signal49 Research discontinued use of ‘The Conference Board of Canada’ name, logo and branding, which had been used by AERIC Inc./Signal49 Research under license from The Conference Board, Inc. The Conference Board, Inc. and its licensees, which are not affiliated with Signal49 Research, own all right, title and interest in THE CONFERENCE BOARD name and trademarks in Canada and have the exclusive right to their use in Canada since January 26, 2026.
