Inventory added 20.6 per cent from a year earlier
The Index
Edition · February 2026. Data · January 2026. Every change is year over year unless the row says otherwise.
The sales to new listings ratio eased to 44.3% from 50.0% a year earlier.
The city
- Sales · 1,234 ▼ 14.8%
- New listings · 2,785 ▼ 3.8%
- Inventory · 4,391 ▲ 20.6%
- Sales to new listings · 44.3%
- Months of supply · 3.56
- Days on market · 53
- Sales to list price · 97.7%
- Benchmark price, total residential · $554,400 ▼ 4.7%
Inventory added 20.6% from a year earlier to 4,391 units, and months of supply rose to 3.56 from 2.51 a year earlier. Sales eased 14.8% from a year earlier to 1,234 and new listings eased 3.8% to 2,785. Days on market lengthened to 53 from 41 a year earlier, and the sales to list price ratio reached 97.7%.
By property type
| Type | Benchmark | Year over year | Month over month | Months of supply | Sales | New listings |
|---|---|---|---|---|---|---|
| Detached | $724,000 | ▼ 3.4% | ▼ 0.3% | 2.67 | 657 | 1,243 |
| Semi-detached | $667,000 | ▼ 1.1% | ▼ 0.1% | 3.54 | 118 | 251 |
| Row | $420,800 | ▼ 5.2% | ▲ 0.1% | 4.22 | 186 | 504 |
| Apartment | $301,200 | ▼ 7.8% | ▼ 0.8% | 5.26 | 273 | 787 |
The detached benchmark eased 3.4% to $724,000 and the semi-detached benchmark eased 1.1% to $667,000. The row benchmark eased 5.2% to $420,800 and the apartment benchmark eased 7.8% to $301,200. Apartment months of supply reached 5.26 and detached months of supply reached 2.67.
By district, detached
| District | Benchmark | Year over year | Months of supply |
|---|---|---|---|
| West | $958,800 | ▼ 0.3% | 2.22 |
| City Centre | $932,300 | ▼ 2.4% | 3.19 |
| North West | $755,100 | ▼ 3.2% | 1.81 |
| South | $698,100 | ▼ 4.0% | 2.35 |
| South East | $684,300 | ▼ 4.5% | 2.85 |
| North | $637,700 | ▼ 5.3% | 2.42 |
| North East | $573,400 | ▼ 6.2% | 3.28 |
| East | $509,700 | ▼ 3.0% | 5.62 |
The West detached benchmark eased 0.3% to $958,800 and the North East detached benchmark eased 6.2% to $573,400. Detached months of supply reached 3.28 in the North East and 2.22 in the West.
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 · JANUARY 2026 data
Post a Comment