There were 3,082 home sales reported in January 2026 – down by 19.3 per cent compared to January 2025. New listings entered into the MLS® System amounted to 10,774 – down by 13.3 per cent yearover- year.
The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by eight per cent yearover- year in January 2026. The average selling price, at $973,289, was down by 6.5 per cent compared to January 2025. On a seasonally adjusted basis, January 2026 home sales were down month-over-month compared to December 2025, while new listings were up slightly. Both the MLS® HPI composite and average price trended lower compared to December.