The resale market has softened in 2022 but remains tight https://www.bankofcanada.ca/?p=226998 National residential resales (left scale) Ratio of sales to new listings (right scale) 482.955.1 491.154.6 489.755.3 489.855.4 467.153.6 450.451.6 448.352.6 417.650.3 423.648.1 433.350.3 422.349.9 426.749.9 444.451.2 437.451.0 441.451.0 441.350.9 448.552.2 457.753.6 464.854.0 474.455.0 476.555.1 462.654.0 464.754.0 460.754.9 447.153.1 454.352.8 452.652.4 460.852.1 491.953.2 490.253.6 502.454.8 503.756.0 509.156.2 499.856.0 499.257.1 478.953.7 463.050.0 470.052.6 487.253.8 494.855.1 524.058.6 524.858.5 521.658.7 527.058.3 509.557.6 516.858.7 530.959.3 527.657.4 525.757.9 539.058.7 544.761.4 564.764.5 559.867.2 557.065.4 553.564.0 538.062.9 533.563.7 547.563.3 511.560.0 516.063.2 509.363.6 544.265.4 553.565.8 554.460.8 525.658.2 490.055.3 483.955.2 477.957.1 488.956.1 493.956.1 517.255.6 547.756.8 474.960.8 450.254.3 463.655.2 450.955.5 453.352.1 468.155.3 469.056.0 468.456.3 469.853.5 463.853.4 456.353.9 444.852.4 459.052.5 431.354.4 448.255.9 474.357.3 491.759.0 498.459.5 514.661.5 514.360.8 519.761.0 518.463.7 518.965.5 508.565.5 495.664.8 525.165.3 449.468.2 198.466.9 314.360.0 523.065.9 662.174.3 697.869.2 706.275.7 688.573.4 666.374.4 706.175.4 714.188.9 744.581.4 795.980.6 716.677.9 670.977.3 614.772.4 596.976.0 592.473.9 598.874.5 649.778.4 651.875.8 645.977.9 649.487.7 688.574.5 647.774.4 566.066.5