Following several years of strong price growth, 2025 marked a year of transition thanks to strong demand and limited supply. Due to record high starts, supply levels improved across all aspects of the housing market, just as demand pressure eased due to a reduction in migration levels and heightened uncertainty that persisted throughout the spring market. This helped shift the resale market from one that favoured the seller to one that was more balanced.

Thanks to gains mostly occurring in the newer communities, inventory levels in July were 6,917 units, reaching levels not seen since prior to the pandemic and higher than long-term trends. While supply has improved across all property types and all districts, the largest gains are occurring in the areas where there has been new community growth.  

With the busy spring market behind us, we are starting to see some shifts in supply levels. With 2,380 sales and 3,604 new listings, the sales-to-new listings ratio fell to 66 per cent, supporting a gain in inventory. 

Corinne Lyall began carving her path in real estate at the age of 25. To help compensate for her relative lack of experience, she became committed to volunteering and learning about the industry as much as she could. 

When Kendra Watt learned about senior, ill and injured horses at a horse auction being sold for slaughter, she knew she had to help them. 

As a REALTOR^®, your relationship with your client doesn’t end when you close on their dream home. It’s just the beginning of a long-term business partnership, that could span multiple decades and properties. 

August sales activity was comparable to the strong levels recorded last year and well above long-term trends for the month.

Following an all-time record high month of sales in March, activity slowed down in April. However, with 3,401 sales, it was still a gain of six per cent over last year and a record high for the month of April.