Sales eased 15.5 per cent from a year earlier
The Index
Edition · June 2026. Data · May 2026. Every change is year over year unless the row says otherwise.
Inventory added 0.1% from a year earlier to 6,752 units.
The city
- Sales · 2,162 ▼ 15.5%
- New listings · 4,226 ▼ 12.7%
- Inventory · 6,752 ▲ 0.1%
- Sales to new listings · 51.2%
- Months of supply · 3.12
- Days on market · 34
- Sales to list price · 98.3%
- Benchmark price, total residential · $570,500 ▼ 3.0%
Sales eased 15.5% from a year earlier to 2,162 and new listings eased 12.7% to 4,226, a sales to new listings ratio of 51.2%. Months of supply rose to 3.12 from 2.64 a year earlier. The total residential benchmark price eased 3.0% to $570,500.
By property type
| Type | Benchmark | Year over year | Month over month | Months of supply | Sales | New listings |
|---|---|---|---|---|---|---|
| Detached | $747,800 | ▼ 2.4% | ▲ 0.3% | 2.45 | 1,192 | 2,195 |
| Semi-detached | $691,100 | ▼ 1.0% | ▲ 0.1% | 2.73 | 217 | 375 |
| Row | $422,300 | ▼ 6.4% | ▼ 0.1% | 3.35 | 350 | 695 |
| Apartment | $300,400 | ▼ 9.1% | ▼ 0.3% | 5.14 | 403 | 961 |
The detached benchmark eased 2.4% to $747,800 and the semi-detached benchmark eased 1.0% to $691,100. The row benchmark eased 6.4% to $422,300 and the apartment benchmark eased 9.1% to $300,400. Apartment months of supply reached 5.14.
By district, detached
| District | Benchmark | Year over year | Months of supply |
|---|---|---|---|
| West | $1,005,200 | ▼ 0.2% | 1.77 |
| City Centre | $985,500 | ▼ 0.7% | 2.88 |
| North West | $799,000 | ▼ 1.1% | 2.01 |
| South | $721,600 | ▼ 2.4% | 1.85 |
| South East | $704,200 | ▼ 3.0% | 2.14 |
| North | $647,200 | ▼ 5.1% | 2.94 |
| North East | $563,900 | ▼ 7.0% | 4.18 |
| East | $489,100 | ▼ 6.8% | 3.57 |
The North East detached benchmark eased 7.0% to $563,900 and the West detached benchmark eased 0.2% to $1,005,200. Detached months of supply reached 1.77 in the West and 4.18 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 · MAY 2026 data
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