In Mid-Q2 2026, Canadian home sales ↑~5% MoM, marking 2026's first meaningful national demand gain as activity picked up across the market.
Canada's national avg. sale price topped $700K in Mid-Q2 2026, ↑~2% yearly and reaching its highest monthly reading in two yr overall.
New listings ↓~1% MoM, tightening Canada's sales-to-new-listings ratio near 49%, still within the 45%-65% range usually linked to balanced conditions for buyers and sellers.
The national home price index was nearly flat MoM; yearly values sat ~4% below prior levels, signaling stabilization after earlier softness across Canada.
Experts pointed to closer buyer-seller alignment, shorter listing-to-sale periods, and financing timing as key factors for Canadians weighing next moves in current conditions.
