Sales eased 5.7 per cent from a year earlier
The Index
Edition · May 2026. Data · April 2026. Every change is year over year unless the row says otherwise.
Months of supply rose to 2.84 from 2.63 a year earlier.
The city
- Sales · 2,104 ▼ 5.7%
- New listings · 3,829 ▼ 5.2%
- Inventory · 5,973 ▲ 1.8%
- Sales to new listings · 54.9%
- Months of supply · 2.84
- Days on market · 35
- Sales to list price · 98.3%
- Benchmark price, total residential · $568,800 ▼ 3.5%
Sales eased 5.7% from a year earlier to 2,104 and new listings eased 5.2% to 3,829, a sales to new listings ratio of 54.9%. Inventory added 1.8% to 5,973 units. The total residential benchmark price eased 3.5% from a year earlier to $568,800, and days on market lengthened to 35 from 29 a year earlier.
By property type
| Type | Benchmark | Year over year | Month over month | Months of supply | Sales | New listings |
|---|---|---|---|---|---|---|
| Detached | $745,400 | ▼ 2.7% | ▲ 0.6% | 2.25 | 1,095 | 1,863 |
| Semi-detached | $690,200 | ▼ 0.3% | ▲ 0.6% | 2.50 | 214 | 357 |
| Row | $422,900 | ▼ 7.0% | ▼ 0.2% | 2.89 | 363 | 664 |
| Apartment | $301,400 | ▼ 8.9% | ▲ 0.4% | 4.44 | 432 | 945 |
The apartment benchmark eased 8.9% to $301,400 and the row benchmark eased 7.0% to $422,900. The detached benchmark eased 2.7% to $745,400 and the semi-detached benchmark eased 0.3% to $690,200. Apartment months of supply reached 4.44 and detached months of supply reached 2.25.
By district, detached
| District | Benchmark | Year over year | Months of supply |
|---|---|---|---|
| West | $1,007,600 | ▲ 2.3% | 1.73 |
| City Centre | $978,700 | ▼ 1.1% | 3.13 |
| North West | $795,500 | ▼ 1.3% | 1.54 |
| South | $720,600 | ▼ 3.1% | 1.76 |
| South East | $696,700 | ▼ 4.9% | 1.99 |
| North | $645,400 | ▼ 5.8% | 2.36 |
| North East | $565,100 | ▼ 8.2% | 4.22 |
| East | $487,500 | ▼ 7.3% | 3.12 |
The West detached benchmark rose 2.3% to $1,007,600 and the North East detached benchmark eased 8.2% to $565,100. Detached months of supply reached 1.54 in the North West and 4.22 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 · APRIL 2026 data
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