Market Stats : Quick Overview - January 2026
Total Residential Transactions: Year-Over-Year
-19.3% compared to last year
Total Residential Transactions: Seasonally Adjusted
-9.9% compared to previous month
Average Selling Price: Year-Over-Year
-6.5% compared to last year
Average Selling Price: Seasonally Adjusted
-2.3% compared to previous month
Total New Listings: Year-Over-Year
-13.3% compared to last year
Sales-to-New Listings Ratio
-2% compared to last year
Days on Market: Property / Year-Over-Year
21.8% compared to last year
Days on Market: Listing / Year-Over-Year
21.6% compared to last year
Home Price Index (HPI)
The Home Price Index provides a price growth measure for a benchmark home with the same characteristics over time, allowing for an apples-to-apples comparison from one year to the next.
Market Summary - January 2026
There were 3,082 home sales reported in January 2026 – down by 19.3 per cent compared to January 2025. New listings entered into the MLS® System amounted to 10,774 – down by 13.3 per cent yearover-year.
The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by eight per cent year-over-year in January 2026. The average selling price, at $973,289, was down by 6.5 per cent compared to January 2025.
On a seasonally adjusted basis, January 2026 home sales were down month-over-month compared to December 2025, while new listings were up slightly. Both the MLS® HPI composite and average price trended lower compared to December.
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