Days On Market: Here's How Long It Will Take You To Sell A House In 63 Canadian Markets
This statistics isn't just about economics; there is something cultural going on here. Maybe that old trope that English Canadians are always in a hurry and French Canadians like to take their time has something to it.
And it's also about the markets' legacy, or what people are accustomed to. After years of competitive housing markets, Ontarians are used to making these decisions quickly. Meanwhile, decades of a moribund housing market have made "fear of missing out" a nearly unheard-of phenomenon in Quebec.
Here are the average days on market for houses across Canada. As we can see from the chart, Winnipeg, MB is on the 15th place with 25 average days on market.
Retrieved on Feb.11, 2019 from https://www.huffingtonpost.ca/2019/02/06/days-on-market-canada_a_23661049/?ncid=other_email_o63gt2jcad4&utm_campaign=share_email
02/06/2019 "Days On Market: Here's How Long It Will Take You To Sell A House In 63 Canadian Markets" By Daniel Tencer