CREA’s Senior Economist states that under the surface conditions have been improving for some time. Sales-to-listing ratios are tightening and there are shorter periods between listing and sales dates. As a result, prices have largely stabilized following some softness earlier in the year. Conditions do vary from market to market.

·         National home sales in May 2026 edged up 5.5% month-over month, but were 5.1% below May 2025.

·         The number of newly listed properties edged down 1% on a month-over-month basis and the national sales to new listings ratio is consistent with a balanced market.

·         There were just over 200,000 properties listed on all Canadian MLS® Systems, unchanged from a year earlier and 2.8% below the long-term average for this time of year.

·         The national average sale price was up 1.5 % on a year-over year basis.

The May numbers show activity is picking up, so we now have a strengthening market at the most active time of the year. If conditions are right for you to enter the market, you can follow the market trends in our website and learn about ways to earn thousands of dollars on your journey, or one call to 1-800-203-9494 can get you started.