Provincial Overview: Ontario Real Estate
 
Residential sales activity reported through the MLS® Systems of real estate boards in Ontario totalled 122,756 units over the first nine months of the year, representing a 3.2% decrease compared to the same period in 2025. The slower pace of sales, alongside softer new listing activity, reflects ongoing adjustments in Ontario’s housing market. Meanwhile, the year-to-date average home price was $813,003, down 3.1% from the first nine months of last year. With sales and average prices remaining below 2025 levels, buyers and sellers are navigating a market where understanding local trends and setting realistic expectations remain important.
 
 
Spotlight On: London, ON
 
 
This Year (Year-to-Date)
 

Softening Home Sales Activity: Total residential sales stand at 5,256 units, down 3.6% compared to the same period in 2025.
Declining Average & Median Prices: The regional yee ...

 
 
Provincial Overview: Ontario
 
Real Estate Residential sales activity reported through the MLS® Systems of real estate boards in Ontario totalled 109,456 units over the first eight months of the year, down 2.4% from the same period in 2025. August marked the lowest home sales total for the month in 25 years, highlighting the slower pace of activity across the province. The more comprehensive year-to-date average price was $815,666, a modest 3% decrease from the first eight months of 2025. With both sales and average prices trending lower year over year, Ontario’s housing market continues to reflect a more measured pace as buyers and sellers adjust to current conditions. 
 
 
Spotlight On: London, ON
 
This Year (Year-to-Date)

Home Sales Activity: Total home sales dropped 4.4% compared to the same period in 2025, reaching 4,704 units.
Average Sale Price: The region's overall year-to-date average home price stands at $620e ...

 
Provincial Overview: Ontario Real Estate 
 
Residential sales activity reported through the MLS® Systems of real estate boards in Ontario totalled 95,887 units over the first seven months of the year, representing a 1.9% decrease compared to the same period in 2025. Despite the modest year-over-year decline, July saw above-average home sales, showing that buyers and sellers continue to remain active in the Ontario housing market.
 
The year-to-date average home price was $819,570, down 3.2% from the first seven months of last year. With prices remaining below 2025 levels and sales activity continuing, buyers may find more opportunities as they navigate the current market.
 
Spotlight On: London, ON
 
This Year (Year-to-Date) 

Declining Sales Activity: Year-to-date transactions reached 4,182 units, down 2.9% compared to the same period in 2025.
Accumulating Active Inventory: Average active listings expanded to 2,968 units, markie ...

 
Provincial Overview: Ontario Real Estate
 
Residential sales recorded through Ontario's MLS® Systems reached 79,675 homes during the first half of the year. While this represents a modest 1.9% decline compared to the same period in 2025, the market has continued to show encouraging signs of stability and gradual improvement.
The year-to-date average home price stood at $824,118, reflecting a 3.2% decrease from the first six months of 2025. Despite the year-over-year dip, the market continues to adjust as buyers and sellers navigate evolving housing conditions.
 
Spotlight On: London, ON
 
This Year (Year-to-Date)

Slower YTD Demand: Overall year-to-date sales activity sits at 3,498 transactions, representing a 2.4% decline compared to the same period in 2025.
Building Inventory: Active listings have averaged 2,893 units YTD, which is an 8.4% climb compared to last year's average pace.
Comfortable Supply: The long-term year-to-date market hole ...

 
Provincial Overview: Ontario Real Estate

Residential sales activity reported through the MLS® Systems of real estate boards in Ontario totalled 61,660 units over the first five months of the year, down slightly by 3.8% compared to the same period in 2025. Despite the year-over-year decline, home sales increased for the fourth consecutive month, signaling continued market momentum. The year-to-date average home price was $822,066, a 3.4% decrease from the first five months of last year, offering buyers improved affordability and more opportunities in a balanced market.
 
Spotlight On: London, ON
This Year (Year-to-Date)
Slower Annual Demand: Overall YTD sales activity sits at 2,746 transactions, representing a 3.4% decline compared to the same period in 2025.
Accumulating Supply: Slower sales throughout the winter and early spring have allowed active inventory to build, with average YTD active listings climbing 8.9% to 2,770 units.
Shifted Balance: The market; ...