09/09/2026
📊 August Real Estate Market Update
🏠 Sales Are Slowing
• The number of homes sold in August was lower than both last year and July, indicating that the market is continuing to slow.
💰 Prices Remain Under Pressure
• Average prices in the majority of property categories were lower than both last year and July.
• Buyers remain very cautious about the prices they are willing to pay. 👀
📉 Inventory Is Declining
• Overall inventory is dropping, but more new listings are coming onto the market as we move into the fall season 🍂
⏱️ Days on Market
• Homes that are priced in line with current market conditions are generally selling in around 1 month
📍 Every Neighbourhood Is Different
Market performance can vary significantly from one neighbourhood to another. A strategy that works in one area may not work in another.
📞 Contact us for a customized market analysis and strategy tailored to your neighbourhood and property.