New listings eased 15.0 per cent from a year earlier
The Index
Edition · August 2026. Data · July 2026. Every change is year over year unless the row says otherwise.
Sales eased 9.2% from a year earlier to 1,904.
The city
- Sales · 1,904 ▼ 9.2%
- New listings · 3,323 ▼ 15.0%
- Inventory · 6,626 ▼ 4.2%
- Sales to new listings · 57.3%
- Months of supply · 3.48
- Days on market · 40
- Sales to list price · 97.7%
- Benchmark price, total residential · $569,200 ▼ 2.1%
New listings eased 15.0% from a year earlier to 3,323, a sales to new listings ratio of 57.3%. Inventory eased 4.2% to 6,626 units and months of supply rose to 3.48 from 3.30 a year earlier. The total residential benchmark price eased 2.1% to $569,200, and days on market lengthened to 40 from 37 a year earlier.
By property type
| Type | Benchmark | Year over year | Month over month | Months of supply | Sales | New listings |
|---|---|---|---|---|---|---|
| Detached | $743,900 | ▼ 1.9% | ▼ 0.9% | 2.90 | 1,012 | 1,707 |
| Semi-detached | $691,000 | ▼ 0.3% | ▼ 0.5% | 2.89 | 198 | 317 |
| Row | $418,500 | ▼ 6.1% | ▼ 1.3% | 3.90 | 286 | 506 |
| Apartment | $297,600 | ▼ 8.4% | ▼ 0.5% | 4.90 | 408 | 793 |
The apartment benchmark eased 8.4% to $297,600 and the row benchmark eased 6.1% to $418,500. The detached benchmark eased 1.9% to $743,900 and the semi-detached benchmark eased 0.3% to $691,000.
By district, detached
| District | Benchmark | Year over year | Months of supply |
|---|---|---|---|
| West | $1,003,800 | ▲ 2.3% | 1.96 |
| City Centre | $992,000 | ▲ 0.9% | 3.59 |
| North West | $770,600 | ▼ 3.5% | 2.62 |
| South | $719,500 | ▼ 1.4% | 2.33 |
| South East | $698,900 | ▼ 3.1% | 2.30 |
| North | $647,700 | ▼ 4.9% | 2.99 |
| North East | $563,900 | ▼ 6.0% | 5.11 |
| East | $490,200 | ▼ 3.5% | 4.80 |
The West detached benchmark rose 2.3% to $1,003,800 and the City Centre detached benchmark rose 0.9% to $992,000. Detached months of supply reached 1.96 in the West and 5.11 in the North East.
The benchmark home
The benchmark detached home for the city recorded 1,410 square feet above ground on a 4,897 square foot lot, built in 1992. It recorded three bedrooms above ground with two full bathrooms and one half bathroom. In the City Centre the benchmark detached home recorded 1,257 square feet above ground on a 5,252 square foot lot, built in 1952.
Source · CREB · MLS® Home Price Index · JULY 2026 data
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