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Your Market Report for the past 7 days

Your Market Report for the past 7 days

Citywide Conditions (Updated Sept 21, 2026)

  • Active listings: 6,637

  • Average list price: $657,000

  • Average days on market: 51 days (homes taking longer to sell)

  • Months of inventory: 4.2 (balanced market)

Balanced means neither buyers nor sellers have a strong advantage—negotiation goes both ways.

What This Means Today

  • Buyers: More negotiating power, especially in condos and townhomes. Inventory is climbing, and DOM is stretching.

  • Sellers: Pricing strategy is crucial. Homes are still selling, but not at the pace of 2024–2025.

  • Investors: Rental demand remains strong, but condo resale pricing is soft—opportunities exist for value buys.

  • Overall: A balanced market trending toward buyer‑friendly, with detached homes holding value best.

𝙄𝙛 𝙮𝙤𝙪’𝙧𝙚 𝙩𝙝𝙞𝙣𝙠𝙞𝙣𝙜 𝙤𝙛 𝙨𝙚𝙡𝙡𝙞𝙣𝙜 𝙤𝙧 𝙗𝙪𝙮𝙞𝙣𝙜, 𝙜𝙞𝙫𝙚 𝙢𝙚 𝙖 𝙘𝙖𝙡𝙡 — 𝙄’𝙙 𝙗𝙚 𝙝𝙖𝙥𝙥𝙮 𝙩𝙤 𝙘𝙝𝙖𝙩 𝙖𝙗𝙤𝙪𝙩 𝙝𝙤𝙬 𝙩𝙤𝙙𝙖𝙮’𝙨 𝙢𝙖𝙧𝙠𝙚𝙩 𝙛𝙞𝙩𝙨 𝙞𝙣𝙩𝙤 𝙮𝙤𝙪𝙧 𝙥𝙡𝙖𝙣𝙨 𝙖𝙣𝙙 𝙝𝙚𝙡𝙥 𝙮𝙤𝙪 𝙢𝙖𝙠𝙚 𝙖 𝙘𝙤𝙣𝙛𝙞𝙙𝙚𝙣𝙩 𝙢𝙤𝙫𝙚.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.