The segment-level numbers tell a different story. Sales, prices, and supply are moving in noticeably different directions for detached homes, attached homes, and condo apartments. Treating Metro Vancouver as one real estate market in April 2026 means missing what’s actually happening.

Sales: detached up sharply, condos down

Detached sales reached 891 across Metro Vancouver in April, an 18% increase from 756 a year ago and the strongest detached sales month since October 2025. But condo apartment sales went the other way, falling 12% to 1,194 from 1,360, a drop of 166 transactions. Attached homes posted a small gain of 4%.

The shift is large enough to move the headline price statistic. Detached homes made up 32% of all April sales, up from 27% a year ago. That five-percentage-point swing toward higher-priced inventory is the entire reason the all-types median price rose year-over-year. Strip out the mix change and the picture would look softer, not stronger.

Median prices: every home type fell, but not equally

Every individual property type sold for less than it did a year ago.

• Detached median sale prices fell 7.9%, from $1,737,500 to $1,600,000, a reduction of $137,500
• Attached median sale prices fell 4.1%, from $978,000 to $938,000
• Condo median sale prices fell 6.3%, from $662,000 to $620,000

Detached prices took the biggest hit, and that could explain the sales volume rebound. Buyers who were sitting on the sidelines a year ago are finding detached homes at meaningfully lower prices, and they seem to be acting. The condo story works in the opposite direction. Prices fell, but transactions fell faster — meaning lower prices alone weren’t enough to pull condo buyers back into the market.

Supply: most home types steady, attached homes rising

Active listings at month-end show the third divergence. Detached active inventory was essentially flat year-over-year (7,794 vs 7,750). Condo apartment inventory was also flat (8,257 vs 8,385). The attached segment was different: active inventory rose 16%, from 3,534 to 4,098.

The increase is concentrated in one subtype: half-duplex and semi-detached active listings rose 41%, from 593 to 835, and new listings for that subtype rose by an almost identical 41% over the same window. Owners of half-duplexes are listing in larger numbers than they did a year ago, and the matching buyer demand has not yet shown up. May will be a useful test of whether spring activity catches up to the supply.

One factor every segment shares

Property days on market gives a full picture of how long homes are taking to sell by counting any prior days from when a home was previously listed, delisted, and quickly relisted. By this measure, listing times have lengthened across every segment compared with April 2026, even if they have been lessening month over month.

Active detached listings averaged 77 days of cumulative listing time in April, up from 62 a year ago. Active townhouses averaged 63 days, up from 49. Active condo apartments averaged 72 days, up from 57. This means that listings of every kind have been on the market longer than last spring (which in itself was considered slow), including the detached segment that has otherwise reactivated.

The “detached homes coming back” story doesn’t mean the detached market is hot. It means detached sales are more active than they was a year ago, against a build-up of slow-moving inventory, within an overall market that remains even slower than April 2025.

What this means for buyers and sellers

The clearest read from April is that “Metro Vancouver real estate” is no longer a useful single unit of analysis when the segments are pulling apart this much. A buyer shopping for a detached home and a buyer shopping for a condo are not in the same market, and using the all-types median price or the all-types sales count to read either one will mislead more than it informs.

For detached buyers, the $137,500 year-over-year drop in the median is real money, amplified by lower mortgage rates than a year ago. The opening may not last if enough buyers reach the same conclusion. Detached sellers are pricing into a market where buyers expect to negotiate, which puts more weight on pricing tightly to current comparables from the start.

“The data makes this one simple: buyers have time and selection on their side, while sellers need to show up polished or get comfortable watching their listing clock tick. However, the market vibe is still plenty confusing, and that’s why having an agent who can actually read the data makes all the difference.”

Jeremy Bator, leading HouseSigma agent in the Lower Mainland

The next two months will settle some open questions. Whether detached momentum sustains once the most attractive discounts are absorbed will tell us if the segment has found its price floor or if April was a single-month bump. Whether condo buyers re-engage through the spring, or stay cautious into the summer, will be the real test of where the entry-level market sits.

Check out the full April 2026 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.

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A year ago, one in three Greater Edmonton buyers paid over the asking price. In March 2026, that figure has dropped to one in five. At the same time, the share of homes selling below list has jumped from 55% to 70.5% in a year. The typical home is now selling about 1.6% under its list price, compared with 0.6% under list in March 2025. 

Prices haven’t collapsed, but the negotiating dynamic has shifted materially in buyers’ favour, and this shift hasn’t shown up in the headline median price number yet.

At the same time, fewer people are buying homes. March saw 2,220 sales across Greater Edmonton, down 14% from 2,533 in the same month last year. That kind of volume contraction, combined with widening gaps between list and sale prices, seems to reflect a market where sellers are holding their price expectations while buyers are pulling back. The result is a headline median price that looks like equilibrium but is arguably more fragile.

Median prices by property type

The property type picture is broadly consistent across the market. Detached homes — the largest segment at over 1,300 March sales — came in at $515,000, down about 1% from a year ago. Attached homes edged down similarly, from $360,000 to $357,000. Condo apartments were the one segment to tick upward, finishing at $200,000 region-wide versus $195,500 last March. 

None of these are dramatic moves, but they all point in the same direction: modest price softening across the board, with buyers consistently finding room to negotiate regardless of property type.

Regional variations

Not every part of the region is moving in lockstep, though. St. Albert posted a $540,000 median price in March, up nearly 7% year-over-year, and Beaumont reached $564,000, up close to 11%. Sherwood Park held essentially flat. Meanwhile Fort Saskatchewan and Spruce Grove both pulled back around 5% from where they were a year ago. 

These divergences don’t follow a simple pattern of inner versus outer ring — they reflect local supply and demand conditions playing out differently across communities that are all nominally part of the same market.

Extremes in list vs sale price

The Greater Edmonton home that sold last month for the most above its list price, in both dollar and percentage terms, was this brand-new Fort Saskatchewan townhouse. It’s in the new masterplanned community of Southpointe, and there are many other lots available through the developer. It sold for $539,649, which is a jaw-dropping 50.1% or $180K above the $359,649 sticker price, proving that even though this home appeared in our “What you can buy for $350K in Greater Edmonton” post, the market can sometimes throw a curveball.

Doing less well for the seller was this riverfront family home in Crestwood, which sold for $600K lower than its $3.5 million price tag. And by percentage, the steepest discount in the region last month was this already-low-priced condo-apartment in Oliver, which sold for 26.2% less than its $84.7K asking price, at a mere $62,500.

What all this means for buyers and sellers

For sellers, the stable headline median price provides reassurance, but it obscures the fact that list prices and sale prices are drifting further apart. The gap between what sellers are asking and what buyers are paying has quietly widened over the past year, and that trend is worth watching regardless of where the median sits.

For buyers, the March numbers offer something that hasn’t been consistently available in Edmonton for several years: genuine negotiating room across most of the market. With seven in ten homes selling below asking price and the typical sale closing nearly $6,000 under list, there’s a reasonable expectation of a discount built into most transactions right now. That leverage is most pronounced for condo buyers, where prices have drifted down about 2% from a year ago and sellers are routinely accepting offers well below asking. But even in the detached segment, the days of waiving conditions and bidding blind are largely behind us — at least for now. Buyers who are prepared, pre-approved, and willing to negotiate should find this market more forgiving than the headlines suggest.

Check out our interactive March 2026 Edmonton PriceWatch infographic, below, to see the full stats breakdown by property type and community. Just hover over or click on the graph to see the precise data.

Find Edmonton-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: Edmonton’s spring real estate market looks flat, but details tell the real story appeared first on HouseSigma.

Just 4,896 resale homes sold in the GTA in March 2026, as seen in the infographic below. For context, the 10-year average for March sales is 9,003, with this March coming in at only just over half that average. In fact, last month was the lowest March for sales in HouseSigma’s GTA data, which goes back to 2003 — lower even than the 2008/9 financial crisis.

The sluggish market continues to put downward pressure on prices. The median sale price across all GTA home types came in at $875,000 in March, only slightly lower than February’s $878,500 but down 7.4% from a year ago. All three property types sold for a lower median price, year-over-year: detached homes at $1,200,000 (-7.7%), attached at $850,000 (-8.1%), and condo apartments at $548,000 (-9.4%).

Lower listing counts but slow sales cycles

The mismatch between supply and demand is showing up clearly in days on market. Active listings took an average of 32 days to sell in March, down from 36 in February, which is a normal seasonal improvement. Property days on market, which captures the full picture of how long a home has actually been available (including any periods where it was briefly delisted and relisted), sits at 65 days. That gap between DOM and PDOM is evidence a lot of the home listings in the GTA have been around for a while.

Active listings at month-end reached 20,959 — up 9.6% from February, but down 19% from March 2025. That is because the 14,401 new listings in March mentioned above, which may be higher than February, are still down 17% from March 2025. It’s clear that both sides of the market are pulling back, with sellers clearly nervous that now is not a good time to offload their home (especially if they’re looking for a strong price).

Pent-up demand in the wings?

There may still be considerable demand waiting in the wings. After all, life goes on, and people still need to move and buy homes. Mortgage rate cuts over the past year have improved affordability on paper, and the reduction in home prices have improved it further still. But improving affordability and people actually buying are two different things, and the gap between them is visible in the data. Buyers aren’t uninterested — they’re uncertain, and uncertain buyers usually watch and wait.

Sammy Kohn, a leading HouseSigma agent in the GTA, said, “The rise in spring listings isn’t unusual, but the slower pace suggests a healthy recalibration. Some listings have stayed on longer, and buyers now have room to make thoughtful moves. Toronto’s long run as a sellers’ market needed this correction.”

Check out our interactive March 2026 GTA MarketWatch infographic, below, to see the full stats breakdown by property type and the hottest communities for listing activity. Just hover over or click on 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 real estate market sees slowest March on record, with sales just over half the 10-year average appeared first on HouseSigma.

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.

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.

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.

The post Infographic: Greater Edmonton home prices poised to fall in 2026, market indicators reveal appeared first on HouseSigma.