However, the seasonal bounce from February to March is one of the most predictable patterns in real estate, and March 2026 followed that script. When you pull back from the month-over-month headline, this March is still a very slow month by almost any other measure.

March’s total sales of 2,592 is down 4.8% from March 2025, and 42% below the 10-year average for the month of March, based on HouseSigma transaction data. What’s more, it’s the second-slowest March for sales in our 24-year history of Metro Vancouver transactions, which is pulled from MLS records (with only March 2019 being even lower).

New supply is outrunning new demand

The infographic below shows that the sales-to-active listings ratio (the percentage of available homes that actually sell in a given month) stood at 13.4% in March 2026. Five years ago, in March 2021, it was 80.6%. That decline is the clearest single measure of how much the balance of power has shifted in Metro Vancouver’s market. More homes are competing for fewer buyers, and March’s seasonal sales lift did nothing to interrupt that trend.

While sales picked up month-over-month in March, new listings jumped faster. Some 7,858 homes came to market in March, a 23.2% increase from February, pushing active inventory to 19,316 at month’s end. This means supply is growing faster than it’s being absorbed. Greater Vancouver Realtors noted earlier this year that active inventory was running 37% above the 10-year seasonal average, and that gap has held through last month.

Prices are flat on a year-over-year basis

The overall median sale price reached $915,000 in March, up 2.9% from February and just 0.5% higher than one year previously. After 12 months of market activity, the overall price has moved by roughly $3,000. By property type, the year-over-year price picture is even softer: detached home prices fell 7.6% to $1,625,000, condos dropped 5.2% to $640,000, and attached homes came in at $960,000, down 5.4%.

Property days on market (which tracks how long a home has truly been trying to sell, including time from previous listings) remained elevated at 78 days in March. Homes that don’t sell in the first few weeks are clearly finding it hard to attract buyers. This is evidenced by the fact that terminated and expired listings rose year-over-year for both detached homes (+2.8%) and attached (+7.7%), adding to the picture of sellers struggling to find traction.

What this spring market actually means

Until there is a meaningful increase in sales activity — not just the seasonal bumps that come with warmer weather — prices are likely to remain subdued.

Sellers are listing their homes at price levels and volumes that reflect optimism about spring. Buyers, facing economic uncertainty and no particular urgency, are moving at their own pace. The result is more inventory, modest transaction volumes, and sale prices that have softened and show little sign of increasing. For buyers, that’s a quiet market worth that could be worth taking advantage of, while negotiating power is in their hands. For sellers, it’s a reminder that the calendar turning to spring doesn’t automatically bring a frenzy of buying activity along with it.

Jeremy Bator, a leading HouseSigma agent in the Lower Mainland, said, “That 22% jump looks like a party, but it’s really just the market doing its usual spring fling. When you zoom out, we’re still in a slower, slightly buyer-leaning market. Sellers need to be sharp on price, realistic with expectations, and make sure their home shows like a 10, because marginal just gets lost in the mix.”

Check out the full March 2026 interactive MarketWatch infographic for Metro Vancouver below, including more breakdowns by property type and area. Hover or click on the data points to see the full detail.

Find all your market trends data for Metro Vancouver here and keep up to date with our BC real estate blog here.

The post Infographic: What Metro Vancouver’s 22% spring real estate sales bounce really means appeared first on HouseSigma.

HouseSigma’s Market Temperature graphs measure something different: the absorption rate, which is the share of active listings that sell in a given month. It captures the live balance between supply and demand. You can find these Market Temperature graphs by scrolling down a little on any of our Market Trends pages, such as this Metro Vancouver page, this GTA page, and this Greater Calgary page. (You can also choose any other HouseSigma-covered geographic area, and filter by factors such as municipality, neighbourhood, and home type.)

When we examined five years of transaction data across Metro Vancouver, the Greater Toronto Area and Greater Calgary, a clear pattern emerged. The absorption rate doesn’t just describe current conditions — it often moves ahead of what sellers actually accept at the negotiating table, otherwise known as the sale-to-list-price ratio.

This means that the absorption rate can give us a clue about where prices are heading, because if we can predict that sellers will be forced into giving deeper discounts (or if they have the power to not accept discounts, or even force buyers to offer over list price) then we can predict what the overall typical sale prices will be.

A tale of three major markets

The pandemic buying frenzy of 2021 and early 2022 pushed absorption rates to extraordinary levels in all three urban areas, though the experience differed considerably between them.

In the GTA, demand was so intense during that period that monthly sales far outpaced the number of “active listings” — the count of available homes for sale at the end of the month. This can happen when homes that are being listed throughout the month are being snapped up, in addition to existing inventory, and never make it to the month-end inventory count.

Check out this graph below, with the blue line and left-side Y axis showing the absorption rate across the GTA as a whole over the past five years.

Metro Vancouver saw similarly elevated activity in 2021 and 2022, per the graph below, before also seeing a rapid decline that has led to today’s buyer’s market. Like in the GTA, there was a brief recovering mini-peak in 2023 before the slow period of mostly decline up to today.

If you examine the green line on those two graphs, with a measure on the right-side Y-axis, you can see the sale-to-list-price ratio — the median percentage of the asking price that sellers were getting in the actual sale. It’s clear that in both cities during that 2021-22 period, sellers weren’t just receiving offers at asking price (the 100% dotted red line); homes were typically closing at a price above asking, especially in the GTA for a prolonged period. However, this is clearly not the case today.

Calgary told a subtler version of the same story. The absorption rate climbed sharply, but even at peak heat, most transactions completed at or just above the asking price rather than dramatically over it.

Calgary’s market competitiveness has always expressed itself through speed and volume rather than the kind of overbidding that became common in Toronto and Vancouver. Record international and interprovincial migration drove housing demand in Calgary, with employment gains and relative affordability continuing to attract people to the province even amid high interest rates.

Does the absorption rate actually predict what comes next for prices?

To answer this accurately, we ran a statistical analysis testing whether the absorption rate (or “Market Temperature”) in a given month is more closely correlated with sale-to-list-price ratios in that same month, or in the months that follow. The answer depends on the market.

In the GTA and Greater Calgary, the absorption rate is genuinely predictive of rising or falling sale-to-list-price ratios. The correlation between this month’s absorption rate and next month’s median sale-to-list ratio is stronger than the concurrent relationship — meaning the absorption rate tends to move about a month ahead of negotiating outcomes in those cities.

Greater Vancouver Realtors’ historical analysis confirms the broader relationship between absorption rate and pricing, finding that downward pressure on home prices occurs when the absorption rate dips below 12% for a sustained period, while upward pressure tends to emerge when it surpasses 20%. In HouseSigma’s Metro Vancouver graph above, however, the correlations are nearly identical at every month, as the two metrics move together rather than one leading the other. Vancouver’s market appears to adjust faster — suggesting that sellers tend to change prices more quickly in response to changing absorption conditions, compressing the gap.

Jeremy Bator, a leading HouseSigma agent in the Lower Mainland of BC, observed, ““Metro Vancouver sellers don’t sit around waiting for the market to catch up — they adjust on the fly. With the region’s strong international influence, there’s an added layer of sophistication in how sellers read and react to market signals. It’s kind of like driving around here — hesitate for a second and someone’s already merged into your lane.”

Calgary’s second boom cycle

One of the most interesting findings from the five-year dataset is that Calgary ran a second complete boom cycle that Vancouver and the GTA did not. After cooling in late 2022, Calgary’s absorption rate surged again through 2023 and into early 2024, fuelled by continued interprovincial migration from British Columbia and Ontario. CMHC noted that roughly 70% of net interprovincial migration into Alberta was coming from B.C. and Ontario, as buyers priced out of those markets sought relative affordability in Calgary. The absorption rate and the median sale-to-list-price ratio both peaked again in spring 2024, with sellers once more commanding full asking price — and in each case the absorption rate’s climb preceded the improvement in sale-to-list outcomes by roughly a month, consistent with the statistical analysis.

That pattern then reversed. Calgary’s absorption rate has been falling steadily since mid-2024, and the sale-to-list-price ratio has tracked it downward. Sellers who were receiving full asking price 18 months ago are now accepting modest discounts.

Raj Sandhu, a leading HouseSigma agent in Calgary, said, “Calgary’s market has been one of the most resilient in the country over the past few years. However, as supply has caught up and interest rates remain a factor, we’re now seeing a clear cooling trend. The absorption rate has been a reliable leading signal. Once it started declining, we saw seller’s price expectations adjust shortly after.”

Where things stand now

All three markets are currently cooling, and in each the sale-to-list ratio is following the absorption rate down. Metro Vancouver’s absorption rate hit a five-year low in January 2026 and is still very muted. The GTA has been soft throughout 2025, with sellers consistently accepting below asking. Calgary, starting from a higher base, has cooled more recently but is now tracking the same direction.

The sales-to-active listings ratio in Metro Vancouver remains below the level that typically signals upward price pressure, indicating that downward pressure on pricing may persist if conditions do not tighten. The same observation holds in the GTA and Calgary.

Sammy Kohn, a leading HouseSigma agent in the GTA, warned that it is important to recognize statistics only paint part of the picture. He said, “‘I definitely look at stats, but lean more on client realities — it’s always case by case. That said, Toronto’s demand edging up right now means balanced absorption, which signal steady or rising prices ahead — and if it keeps buyers and sellers even, that’s a win for everyone.”

That said, stats are a useful part of the picture, as long as they’re taken in context. And for anyone trying to decide when to list or when to buy, the Market Temperature graph offers something the sale-price charts don’t: an early read on where negotiating conditions may be heading. In most markets, that signal tends to arrive before the shift shows up in what homes actually sell for, so it’s worth keeping an eye on it.

Follow your local Market Temperature and other data on our Market Trends pages, such as this Metro Vancouver page, this GTA page, and this Greater Calgary page.

The post Where is the market heading? Our interactive Market Temperature charts can help predict home prices appeared first on HouseSigma.

The year-over-year median sale price decline for February 2026 across the region was 1.2%. But look at each segment separately and the picture changes considerably.

Detached homes were down 9.6% year-over-year in February, with the median sitting at $1,572,000 compared with $1,739,450 a year earlier. That’s $167,000 off the price of the same type of home, in the same market, twelve months apart. Condos dropped 7.5%, bringing the February median to $620,000 versus $670,000 in February 2025. Attached homes fell 5.9%, to $938,800 from $997,250.

So why, if all home types saw YOY drops of around 6-10%, is the overall median YOY price decline only 1.2%? Because that figure is a blended median across all property types, and it’s being cushioned by a shift in the type of homes sold. In February 2025, condos made up 49% of all sales in the region, but in February 2026, that share had fallen to 46%. Given that condos are the lowest-priced segment, having fewer of them in the mix pulls the overall median upward, even as prices in every segment are falling.

Has the price slide bottomed out, or merely paused?

All three segments declined year-over-year in most months throughout 2025, with the steepest drops in winter. Detached prices hit a peak YOY decline of 10.6% in January. Condos were down 9.2% YOY the same month. Attached homes reached -9.1% in December. In fact, February’s prices saw an uptick compared with the prior winter months, suggesting that the slide might have reached its bottom. The month-over-month overall median price rose 2.5% in February, and both attached homes and condos were up in price versus January (see infographic graph below).

The sale-to-list-price pattern adds another layer. In March 2025, the typical Metro Vancouver home was selling at about 98% of its asking price. By December, that had slipped to roughly 97%.

Arguably, there are signs the rate of decline is easing. Since December, sale-to-list-price ratios have ticked up modestly in January and February, with the median discount in February at 2.7%. But whether that’s the beginning of stabilisation or a seasonal bounce based on New Year activity remains to be seen.

Are we on track for a repeat of 2025’s spring market?

Last year’s pricing pattern provides a useful reference point. When sales volume jumped from January to February 2025, detached and attached prices also fell MOM, just like this Febrruary. Then March 2025 brought a genuine spring bounce — detached recovered +1.1%, attached +1.8% — before both resumed declining in April and May. The seasonal uplift in spring 2025 produced exactly one month of price recovery before the downtrend reasserted itself.

If history repeats itself this year, median prices for March 2026 may rise during a flurry of spring activity before correcting again.

Jeremy Bator, a leading HouseSigma agent in the Lower Mainland, said, “From what I’m seeing on the ground, buyers are still cautious and negotiating, particularly in the detached segment. There are some signs the rate of decline is easing, but it still feels more like a seasonal spring bump than a true market turnaround at this point. As Tom Petty would say, ‘the waiting is the hardest part.'”

Check out the interactive infographic below for a look at Metro Vancouver’s latest pricing data, also broken down by city and home type.

Find all your market trends data for Metro Vancouver here and keep up to date with our BC real estate blog here.

The post Infographic: Will Metro Vancouver’s spring home market bring a recovery, or a repeat of last year? appeared first on HouseSigma.

Our February 2026 Greater Edmonton PriceWatch infographic (below) shows that the overall median sale price in Greater Edmonton rose a modest 0.8% year-over-year in February, from $425,000 to $428,500, suggesting a market holding firm. But when you split it by home type, the segments are moving in opposite directions — and the gap between them has widened since this time last year.

HouseSigma’s latest data analysis has found that detached homes, which account for more than half of all February transactions, dropped 2.7% year-over-year to a median of $504,950. Condos fell further, down 5.2% to $190,000. Attached homes such as half-duplexes and townhouses were the only home type to gain ground over the year, rising 5.8% to a median of $367,500. The overall market looks stable because the attached segment’s gains are largely offsetting losses in the other two segments.

Deepening discounts in detached sector

The shift in negotiating conditions reinforces this. A year ago in February, the typical Edmonton home sold right at its asking price — the median sale-to-list-price ratio across all property types was essentially zero. This February it sits at -1.0%, with 75.8% of homes closing below asking compared with 56.1% a year ago. The share selling over list has fallen from 33% to 17%.

Also a year ago, condos were the weakest segment in February 2025, with a median discount of 3% from list. Twelve months later that figure is unchanged, but what has changed is that detached and attached sellers have joined them in under-list territory. The buyer advantage that was once concentrated in the condo market has spread.

For buyers, the practical implication is that February 2026 offers more negotiating room across the board than February 2025 did — added to the lower entry prices in detached homes and condos. For condo sellers in particular, sale prices are down, discounts are deeper than any other segment at a median of 3% off, and sales volume has fallen. That combination of lower prices, softer demand, and persistent discounting makes the condo segment the one to watch as spring inventory builds.

Jay Sandhu, a leading HouseSigma agent in Edmonton, said, “What we’re seeing in Edmonton right now is a more segmented market the overall numbers look stable, but conditions vary quite a bit by property type. Buyers have gained more negotiating room across the board, especially in condos and some detached segments, while attached homes are still holding up relatively well. From a buyer’s perspective, there’s more opportunity and less urgency than a year ago. For sellers, especially in the condo space, pricing correctly has become much more important as competition increases.”

Check out the interactive Greater Edmonton PriceWatch infographic, below, which has more price breakdowns by geography and home type.

The post Infographic: Greater Edmonton’s overall home price increase hides a divided market appeared first on HouseSigma.

HouseSigma data analysis has found that every major home type posted a year-over-year price decline in February 2026, with detached homes down 5.5%, attached houses down 3.2%, and condo-apartments falling 6.2%.

So why is the overall median down 1.6% when each individual category is down 3–6%? It comes down to mix: there were proportionally more detached home sales in the mix this February compared to last year, and detached homes are the most expensive category. That pushes the blended average up even as prices within each type fall. In other words, the headline is actually masking how much softer the market is than it appears.

Sellers are negotiating — on every type of home

Lower prices aren’t the only advantage that Greater Calgary buyers have right now. Across all three home types, the median sale price has consistently been coming in below the asking price — and that gap has been widening consistently from a year ago. The infographic below shows detached homes in February at a median discount of 1.8% from the list price. That figure for attached homes is 2% off list price, and 3.1% off for condos. All three of those discount percentagess are greater than they were a year ago.

On a $680,000 detached home, a 1.8% discount means roughly $12,000 off asking. On a $305,000 condo, a 3% gap is close to $9,000 in savings. This makes the data a useful starting point for negotiating.

More than 80% of homes in the Greater Calgary region sold below their list price in February. That’s a higher proportion than the overall percentage across 2025, which was 78%, but it’s less than January’s 85%. This is in line with the rising seasonal activity in February compared with January, and could suggest the negotiating power is waning.

Although homes are still taking longer to sell than they were a year ago, a look at HouseSigma’s Greater Calgary Market Trends page shows that homes in February were not sitting on the market as long as they have been, with the pace of sales increasing in February.

What this means for Greater Calgary spring buyers

The February data tells a consistent story across price points:

• Prices are 3–6% lower than they were a year ago, dropping across every home type
• Sellers are consistently accepting offers below asking and the discount has been growing
• The wide-open window for negotiation may close if the spring market continues to gather pace

Raj Sandhu, a leading HouseSigma agent in Calgary, said, “From what I’m seeing on the ground, buyers have more leverage right now than they did last year. Inventory has improved and many homes are taking a long time to sell, so negotiations and sale prices below list are becoming more common. That said, well-priced homes are still moving quickly. If we see the usual spring increase in demand, it could tighten conditions again and reduce some of the negotiating room buyers currently have.”

Check out the interactive Greater Calgary PriceWatch infographic, below, which has more price breakdowns by geography and home type.

Find Calgary-region homes for sale on our Map Search page, where you can filter for price, property type, and much more. Plus, keep your eye on our Alberta blog page to stay up to date with market trends, sales data, and remarkable listing stories.

The post Infographic: Greater Calgary home prices fell harder than it seemed, but will spring market close the gap? appeared first on HouseSigma.

There have always been lots of perks to selling your home through HouseSigma, and that’s even truer now that we have a fantastic new deal on our listing fees.

Here are just five of the biggest reasons you should choose HouseSigma when selling your home.

1. Professional, expert, local agents you can trust

When you choose HouseSigma, you’re connected with professional local agents who know your market inside and out.

We maintain the highest standards through a rigorous screening and selection process. With ongoing professional development and training, we ensure that our agents stay at the forefront of industry knowledge.

Steven Yanni, HouseSigma’s managing broker for Ontario, said, “Our agents are the backbone of the experience. We’re selective about who joins the team, and we provide them with advanced tools. When our clients work with a HouseSigma agent, they’re getting someone who knows the local market and is held to a higher standard.”

2. Millions of users can easily see your “Featured Listing”

Most home listings you’ll see on HouseSigma are from the many other real estate brokerages out there, and there’s a LOT of noise. But when you sell with HouseSigma, your home listing will receive the coveted Featured Listing status on our website.

That means your listing will be promoted on the home page of HouseSigma’s mobile app and desktop site, surfacing it to HouseSigma’s two million-plus active users. It will get far more views on our website than other comparable non-featured listings! In the end, you are much more likely to find a buyer from the HouseSigma website than home sellers using other brokerages.

Steven Yanni added, “That’s a massive audience you just don’t get anywhere else.”

3. Listing fee of just 1.5% – or even lower if you bundle

Instead of the standard 3% commission for listing your home that most real estate agents charge, HouseSigma’s fee is just half that, at 1.5% commission. You’ll be saving many thousands of dollars compared with most listing fees!

For example, on a $800,000 home, if you use an agent who charges 3%, you’ll pay $24,000 in commission. With HouseSigma’s 1.5% listing fee, on the same home you’ll pay just $12,000.

What’s more, HouseSigma is now offering a bundle deal that means you pay only 1% listing fee* when selling your home, if your home is priced above $699,995 and you also buy your next home through one of our agents.

In this scenario, selling that $800,000 home in the example above will now cost you only $8,000 in commission. That’s a third of what the regular 3% commission will set you back.

4. High-quality marketing and promotion

We’ve all heard horror stories of agents who seem enthusiastic when they are first retained, and then fail to put any work into marketing or showing the home they have been hired to sell. Don’t worry. When you list your home with HouseSigma, the following services are all included as part of the package:

• Professional photography
• Marketing brochures
• Floor plans
• For-sale signage
• Open houses hosted by your agent
• Virtual tours

Your HouseSigma agent can also advise you on any additional services that are on offer.

5. Canada’s top-rated real estate app, trusted by thousands

Don’t take our word for it! HouseSigma is Canada’s top-rated real estate app in both the App Store and the Google Play Store, being rated higher on both platforms than any other Canadian listing app. HouseSigma also has thousands of five-star reviews on TrustPilot.

Check out what one client, Jackie, had to say in her five-star Trust Pilot review after both buying and selling homes with HouseSigma:

“Our real estate agent Sam Ehsan made our buying/selling experience much less stressful than we expected. He negotiated great prices for both houses and handled stuff behind the scenes so that we didn’t have to deal with it. Sam being with HouseSigma was a benefit that we feel contributed to a quick sale of our house, because Sam took time and care to ensure our house was in the best position to sell. He took care of staging the house and having it cleaned prior to pictures. Overall our experience with Sam and HouseSigma was 5 stars.”

Jackie, HouseSigma client, via TrustPilot

We’re sure you’ll agree these are pretty compelling reasons to entrust your home sale with HouseSigma. So, next time you’re considering a home sale, you need look no further.

Ready for a free, no-obligation chat about your home sale? Fill in the form on this page and we’ll be in touch.

*1% listing fee only applicable when your home is listed over $699,995. The listing agreement signing and home purchase closing dates must be within six months of each other. If you list and sell before buying, a 1.5% listing fee will apply. The 0.5% bundle saving is issued as a rebate after the closing of your subsequent home purchase with a HouseSigma agent. Speak to your HouseSigma agent for more details.

The post Five great reasons why you should sell your home with HouseSigma appeared first on HouseSigma.

February’s real estate statistics still tell the story of a buyer’s market. The total number of homes sold in the GTA in February was 3,672, which was a fairly typical near-20% seasonal increase from January, but down 11.1% from a year ago. Across all home types, the median GTA sale price in February was $878,500, up 4.4% since January but 5.5% lower than a year ago.

February’s inventory sat at 19,129 active listings, giving buyers plenty of choice and negotiating room. Homes are still sitting on the market for 72 days on average, including instances where homes were de-listed and quickly re-listed. That’s well above the frenzied sales pace of previous years.

Is the market finding its floor?

However, there is an interesting development in home listing terminations and expirations, which dropped to 4,612 in February — nearly half the 10,781 recorded last September, after months of decline. This steady fall suggests sellers are increasingly pricing realistically from the start, rather than testing the market at aspirational prices and being forced to retreat. While there are no guarantees of how the market will move, when the gap between what sellers want and what buyers will pay starts to close, it’s typically one of the earliest indicators that a market is finding its floor.

For buyers, this could be a “pay attention” moment. The combination of still-lower prices, high inventory, and a motivated seller base that’s getting more pragmatic may represent the sweet spot — before spring competition potentially picks up and that leverage gradually disappears.

Condo prices down but showing recovery

Entry-level buyers looking for a condo may have a particularly good opportunity right now. The median condo price is $552,000, down from $602,250 a year ago — a saving of $50K, which is meaningful difference on a purchase of that size. But the price has risen twice in the past two months, and could continue to see an increase into the spring market.

“Sellers appear to be finally catching up to where the market really is, not where it used to be. We’re seeing more listings priced right from the start — and that’s a healthy adjustment for everyone. It’s an encouraging sign that confidence is returning as pricing becomes more grounded in today’s reality.”

Sammy Kohn, a leading HouseSigma agent in the GTA

Check out our newly interactive February 2026 GTA MarketWatch infographic, below, to see the full breakdown by property type and where the hottest communities are for listing activity. Just hover your mouse over the charts to see the precise data.

Find all your market trends data for the Greater Toronto Area here – and keep up to date with our Ontario blog page here.

The post Infographic: GTA buyer’s market window still open, but are there early signs of it closing? appeared first on HouseSigma.

There is an important caveat: February sales were still 8.5% below the same month in 2025, so this is not a return to former highs. What the data suggests instead is a market that has been slowly finding the price levels at which buyers and sellers can agree. It’s also important to note that January sales are historically low in general due to the holiday wind-down, while February tends to see a significant percentage increase on those sales as the market restarts.

The overall median sale price in February edged up to $889,500, a 2.5% month-over-month gain, though still 1.2% lower than a year ago. That combination — sales rising, prices ticking up modestly, but year-over-year still negative — is consistent with a market stabilizing rather than recovering outright.

Inventory starting to flow again

There are also early signs that stuck inventory is starting to loosen. Active Metro Vancouver listings in February had been on the market (across all listing periods) for an average of 86 days — still a long time, but a notable improvement from the 100 property days on market recorded in January. That declining trend suggests the backlog of relisted and stale inventory is beginning to clear, as some longer-sitting sellers either found buyers in the February sales uptick, or withdrew from the market.

Despite the sales surge and a drop in new listings compared with January, 17,800 active listings remain across Metro Vancouver, keeping overall conditions buyer-friendly. High condo listing terminations — 1,343 in February — signal that a significant portion of condo sellers have yet to bridge the gap to where buyers are willing to transact.

Jeremy Bator, a leading HouseSigma agent in the Lower Mainland, commented, “A 46% jump doesn’t necessarily signal a full spring frenzy, but it does feel like the market is stretching and waking up. I’ve been involved in several multiple-offer situations recently, and there’s a noticeable shift in energy. Open house traffic is stronger, buyers are out actively looking, and confidence seems to be building. You can sense that some are beginning to ask: is the bottom done?”

Check out our newly interactive February 2026 Metro Vancouver MarketWatch infographic, below, to see the full breakdown by property type and where the hottest communities are for listing activity. Just hover your mouse over the charts to see the precise data.

Find all your market trends data for Metro Vancouver here and keep up to date with our BC real estate blog here.

The post Infographic: Does the 46% jump in Metro Vancouver home sales signal an early spring rebound? appeared first on HouseSigma.

New HouseSigma data analysis on January 2026 market statistics (see infographic below) show a series of six market trends that were also seen recently in Greater Toronto, Metro Vancouver, and Greater Calgary prior to residential resale prices declining in those regions.

1. Sales have dramatically declined: HouseSigma’s sales data shows Greater Edmonton sales fell 26.3% year-over-year, from 1,592 to 1,173. The RAE’s official Greater Edmonton figure is similar, a decrease of 27.6 per cent compared with January 2025. When sales drop, prices usually follow, often with a three- to six-month lag.

2. Inventory is surging: Realtors Association of Edmonton reports 4,901 active listings in January, 32.7% higher than January 2025. The slowing of sales combined with new listings coming on stream has exponentially increased inventory levels.

3. Market absorption is plummeting: The sales-to-active listings ratio puts Greater Edmonton firmly into buyers’ market territory. This ratio is a leading indicator of where prices are heading, as when buyers have the upper hand, prices inevitably fall.

4. Homes are taking much longer to sell. Average cumulative days on market lengthened to 90 days, from 71 a year earlier. The longer homes take to sell, the more prices have to eventually fall — and the less pressure buyers have on them to pay full price. 

5. The share of homes selling above asking has collapsed, while below asking has risen: Our infographic shows only 12.7% of January 2026 sales went over asking, while 79.6% sold below list. This below-list proportion has dramatically increased compared with same metric across all of 2025.

6. The benchmark price has already started to crack: While median prices in HouseSigma data still show small year-over-year gains, the MLS Home Price Index — which controls for the mix of homes selling — tells a different story. RAE reports that the composite benchmark price in Greater Edmonton was $415,000, decreasing 0.1% from December 2025 and 1% year-over-year. 

“Greater Edmonton is clearly a transitioning market. Sales have slowed and inventory is building, which typically puts downward pressure on prices. I expect we’ll see moderate price adjustments in 2026, particularly in the condo segment, but not a severe correction. Affordability and steady demand fundamentals should help prevent a dramatic drop.”

Jay Sandhu, leading HouseSigma agent in Edmonton

Even the notable market outliers are demonstrating lower over-asking extremes. The home that sold in January for most over asking price, by both dollar amount and percentage, was this 1970s Sherwood Park house. It sold for $100,100 over its $449,900 asking price, which was a 22.2% premium — generous, but not as high as some of the outliers we saw in the region last year.

The residential property that went for most under asking by dollar amount was an architecturally striking five-bedroom house in the Heritage Valley area, which sold for $349K less than its $2,499,000 list price. By percentage amount, the home that lost the most was a manufactured home in Gibbons, the final sale price of $75K being 24.2% lower than its $94,900 asking price.

Check out the January 2026 Greater Edmonton PriceWatch infographic below for more real estate market data, including breakdowns by property type and municipality.

Keep your eye on our Alberta blog page to stay up to date with market trends, sales data, and remarkable listing stories.

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Property type: Year over year, City of Calgary median detached sales have barely dipped (-2.4%) and buyers are still competing for houses, whereas attached and condo sales numbers both fell by around 25% over 12 months. The upper arm of the K is shown by detached homes, still thriving, compared with the lower arm of attached homes and condos, dropping in sales volumes. Price declines tend to lag dropping sales volumes as inventory builds up, so we expect to see steeper price drops in condos and attached homes in the coming months, compared with detached homes.

Geography by quadrants: Thriving parts of the city are the South-West (where median sale prices in January were up 7.2% year-over-year) and North-West (+2.4%), while the South-East (-5.8%), North-East (-2.3%) and condo-heavy city central core (-3.6%) flounder.

Where the two (home type + geography) intersect: The South-West quadrant is the most detached-heavy, higher-income part of the city, so it benefits on both the property type and the geography aspects. Calgary’s central core and North-East are where condo and affordable multi-family concentrate, so that’s pulling those areas down.

A tale of two market realities: All the above means today’s detached home buyer in South-West Calgary is living in a real estate market where prices are robust and competition for homes is still real. Whereas a condo buyer in the Inner City or North-East is living in a world where prices are down and inventory is piling up, giving the buyer the advantage in a struggling market. Same city, same month, two different realities.

CREB stats support this data: CREB’s January 2026 figures on sales volumes and prices mirror the above. They also show detached homes at just 2.67 months of supply (a seller’s market) versus condo-apartments at 5.26 months (balanced but leaning towards a buyer’s market), and North-East condo-apartments at nearly 13 months (deeply distressed). Not to mention there are 26,000 units under construction that will mostly hit the already-oversupplied condo segment. The K shape to this market doesn’t look like it will resolve any time soon. 

Sale versus listing prices: When looking at how much Calgary buyers paid in January 2026 compared with the final listing price, the South-West is worth noting. Even though HouseSigma data shows its median discount is moderate at -2.11%, it has by far the highest share of over-asking sales at 14% and the lowest share of under-asking sales at 80.3% (see infographic below). That’s where the bidding wars are happening, which lines up with the South-West being the strongest quadrant on price growth.

The wider Greater Calgary region: Zooming out on the wider region and including other municipalities from Chestermere to Canmore, the K-shape shows up in the sales versus listing price analysis again. Detached homes across the region have the tightest gap — sellers are only giving up about 2% on average, and nearly 1 in 5 detached sales went at or above asking (18.4% combined). Condos are a different story entirely — the typical condo sold 3.2% below asking, and fewer than one in 12 went over asking (3.6%). Over 91% of condo sales closed below list price.

Raj Sandhu, a leading HouseSigma agent in Calgary, said, “Detached homes, especially in the SW, still have real competition and confidence behind them, while condos are sitting longer and buyers know they have leverage. Until supply balances out, that split is going to stay with us.”

Looking at the extreme individual outliers in sale versus listing price, the Greater Calgary home that sold in January for the most over asking price, by dollar amount, was this pretty bungalow in a highly sought-after Roxboro location. it went for $201,100 over its near $1.6 million price tag — we’re guessing this could have been a developer bidding war. By percentage, the highest gain was a 23% premium paid for this modern West Springs house with an unfinished renovation, which had been listed for $650,000 but sold at $800,000.

At the other end of the scale, the biggest price haircut was seen by this large Pump Hill house, which gave the buyer a $288,777 discount off its $2,888,777 asking price. That was not the largest percentage decline, which went to a modest bungalow in Parkhill that was clearly sold for its lot. It went for $760K, more than 23% off its $895K list price.

Check out the overall Greater Calgary January PriceWatch infographic below for more details on home prices and regional breakdowns.

Find Calgary-region homes for sale on our Map Search page, where you can filter for price, property type, and much more. Plus, keep your eye on our Alberta blog page to stay up to date with market trends, sales data, and remarkable listing stories.

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