05/24/2025
Balance Market statistics
Canada’s real estate market is starting to lean in your favour. New listings are up 9% compared to this time last year, and the national sales-to-new listings ratio has dropped to just 45%—the weakest it's been since the 2009 financial crisis. In Ontario, it’s even more dramatic, with activity levels not seen since 1993.
Inventory is also rising. Active listings climbed 3.8% month-over-month, pushing national inventory above 5 months for the first time since 2019. Both Ontario and BC are seeing decade-high levels of supply, with Ontario hitting inventory levels last seen in 2009.
So what does this mean for you? If you’re a buyer, there’s more selection, more negotiating room, and less pressure to compete. For sellers, success means pricing strategically and making a strong first impression.
Let’s talk about what this shift means for your next move.
www.QUEBEC.C21.ca
