Toronto’s August data shows the market finding its footing. The overall benchmark price is down just 1.25% year over year, the smallest annual decline in several cycles, while sales hold nearly flat at -2%. Detached has turned barely positive at 0.11% annually with the strongest sales growth in the market. Semi-detached has staged a dramatic turnaround. Condominiums are now Toronto’s softest segment.
Vancouver’s August data shows a market finding its footing. The benchmark price is essentially flat month over month and down just 1.05% year over year, the smallest annual decline this market has posted in some time. Detached has turned positive at 2.58% annually, attached has improved to negative 3.48%, and condominiums remain the clear laggard at negative 6.61%, even with a positive month-over-month reading.
Edmonton’s August data shows a market still gaining ground on price even as sales ease back. Sales are down 4%, inventory is up 13%, and the benchmark price sits at $420,100, up 1.83% year over year. Detached holds essentially flat on an annual basis. Apartments and attached both slip into negative annual territory, a reversal from Edmonton’s usual pattern of apartments leading the city on price.
Calgary’s August data shows a market cooling on volume while still gaining ground on price. Sales are down 22%, inventory is up 27%, and the benchmark price sits at $571,500, up 4.26% year over year. Detached and attached both post positive annual gains. Apartments are the exception, now the only segment posting a negative annual trend.
Toronto’s July data shows demand strengthening even as prices keep softening. Sales are up 10%, new listings are down 6%, and the benchmark price sits at $928,200, down 3.23% year over year. Detached is the steadiest segment at -1.58% annually. Semi-detached posts the steepest single-segment decline of any Bode market city this cycle at -9.66%.
Vancouver’s July data shows every segment still in negative annual territory, though the order has shifted. Inventory is up 22%, sales are down 7%, and the benchmark price sits at $1,088,800, down 2.14% year over year. Condominiums now carry the steepest annual decline. Attached is comparatively the most resilient.
Edmonton’s July data shows rising supply meeting steady demand. New listings are up 10%, sales are in line with historical norms, and the benchmark price sits at $422,900, up 2.92% year over year. Apartments post the strongest annual price growth despite the weakest activity. Attached is now the softest segment on price.
Calgary’s overall benchmark price holds positive ground even as every property segment softens. July data shows inventory up 25%, sales down 16%, and the benchmark price at $572,900, up 2.14% year over year. Detached is the most resilient segment. Attached carries the largest supply overhang.
Toronto’s June data shows a market beginning to normalize after a prolonged slowdown. Inventory is up 16%, sales are in line with historical norms, and the benchmark price sits at $934,000, down 4.53% year over year. Detached is the only segment holding positive annual price territory. Condominiums are down 8.95% year over year.
Vancouver’s June data shows constrained listing activity alongside weaker demand. Inventory is up 26%, sales are down 20%, and the benchmark price sits at $1,099,100, down 1.91% year over year. Buyer leverage continues to improve across all segments as elevated inventory and slower absorption keep downward pressure on prices.
Edmonton’s June data shows a balanced market with resilient demand. Inventory is up 12%, sales are in line with historical norms, and the benchmark price sits at $423,900, up 4.19% year over year. Edmonton continues to demonstrate some of the strongest fundamentals among Canada’s major cities.
Supply continues to outpace demand in Calgary, but annual prices hold firm. June data shows inventory up 29%, sales down 17%, and the benchmark price at $576,200, up 3.62% year over year. Apartments are the weakest segment. Detached remains the most resilient.
