Sales eased 16.4 per cent from a year earlier
The Index
Edition · September 2026. Data · August 2026. Every change is year over year unless the row says otherwise.
Months of supply rose to 3.92 from 3.35 a year earlier.
The city
- Sales · 1,660 ▼ 16.4%
- New listings · 3,141 ▼ 9.7%
- Inventory · 6,509 ▼ 2.3%
- Sales to new listings · 52.8%
- Months of supply · 3.92
- Days on market · 41
- Sales to list price · 97.5%
- Benchmark price, total residential · $569,800 ▼ 1.1%
Sales eased 16.4% from a year earlier to 1,660 and new listings eased 9.7% to 3,141, a sales to new listings ratio of 52.8%. Inventory eased 2.3% to 6,509 units. The total residential benchmark price eased 1.1% from a year earlier to $569,800, and days on market lengthened to 41 from 38 a year earlier.
By property type
| Type | Benchmark | Year over year | Month over month | Months of supply | Sales | New listings |
|---|---|---|---|---|---|---|
| Detached | $744,300 | ▼ 1.1% | ▲ 0.1% | 3.39 | 875 | 1,635 |
| Semi-detached | $690,500 | ▲ 1.0% | ▼ 0.1% | 3.30 | 168 | 302 |
| Row | $415,200 | ▼ 5.4% | ▼ 0.8% | 3.85 | 284 | 505 |
| Apartment | $295,400 | ▼ 8.2% | ▼ 0.7% | 5.68 | 333 | 699 |
The apartment benchmark eased 8.2% to $295,400 and the row benchmark eased 5.4% to $415,200. The detached benchmark eased 1.1% to $744,300 and the semi-detached benchmark rose 1.0% to $690,500. Apartment months of supply reached 5.68.
By district, detached
| District | Benchmark | Year over year | Months of supply |
|---|---|---|---|
| City Centre | $995,700 | ▲ 2.2% | 3.84 |
| West | $992,500 | ▲ 2.8% | 2.34 |
| North West | $781,500 | ▼ 1.3% | 2.62 |
| South | $715,200 | ▼ 1.7% | 2.97 |
| South East | $703,600 | ▼ 1.7% | 2.99 |
| North | $647,400 | ▼ 3.9% | 4.10 |
| North East | $560,500 | ▼ 6.4% | 5.36 |
| East | $489,500 | ▼ 3.1% | 3.70 |
The West detached benchmark rose 2.8% to $992,500 and the City Centre detached benchmark rose 2.2% to $995,700. The North East detached benchmark eased 6.4% to $560,500, and North East months of supply reached 5.36.
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 · AUGUST 2026 data
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