Peter Kusch

Detached

In September, detached home sales slowed to 859 units, about nine per cent lower than last year, while new listings jumped to 1,905. This shift pushed the sales-to-new-listings ratio down to 45 per cent — the lowest since 2018. With more supply available, prices have eased from spring’s record highs, bringing the benchmark price to $749,900, down about one per cent from both last month and last year.

Semi-Detached

In September, semi-detached sales slowed to 156 units while new listings climbed to 361, pushing the sales-to-new-listings ratio down to 43 per cent and inventory up to nearly four months of supply. Despite this shift, prices have held steady, with the benchmark at $684,800 — just below last month but still about one per cent higher than last year.

Row

New listings made a small rebound in September, reaching 592, but with only 304 sales, the sales-to-new listings ratio dipped to 51%. While this helped keep already high inventory levels from climbing further, supply still rose to 1,099 units—the highest September count since 2018 and well above long-term trends. With more choices on the market, resale prices have softened. The unadjusted benchmark price now sits at $437,100, down slightly from last month and nearly five percent below last year.

Apartment