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The direction of inventory matters as much as its level

2026-08 · Actual, not seasonally adjusted; year-over-year change

Unit: percent
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The direction of inventory matters as much as its levelToronto board inventory fell while Edmonton, Winnipeg and Halifax-Dartmouth gained. Unit: percent. Actual, not seasonally adjusted; year-over-year change. Use left and right arrow keys to inspect observations. The data table follows the chart.The direction of inventory matters as much as its levelToronto board areaGreater Vancouver board areaCalgary board areaEdmonton board areapercent-100%0%100%200%Aug 2021Aug 2022Aug 2023Aug 2024Aug 2025Aug 2026Homies Research, using CREA MLS® aggregate statistics · Through 2026-08Actual, not seasonally adjusted; year-over-year changeHOMIES RESEARCH
Aug 2026Toronto board area -11.3%Greater Vancouver board area -3.88%Calgary board area 1.18%Edmonton board area 12.3%

Toronto board inventory fell while Edmonton, Winnipeg and Halifax-Dartmouth gained.

Source: Homies Research, using CREA MLS® aggregate statistics. Reference: 2026-08. Released 2026-09-15. Retrieved 2026-09-28.

Actual, not seasonally adjusted; year-over-year change · Month-end active residential listings. Changes can reflect both listing inflows and selling activity; inventory declines alone do not prove demand is recovering.

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View accessible data table · 4 series, 61 observations

Showing the latest 12 observations.

The direction of inventory matters as much as its level. Unit: percent. Actual, not seasonally adjusted; year-over-year change
PeriodToronto board areaGreater Vancouver board areaCalgary board areaEdmonton board area
Sep 202516.6%12.6%34.9%20.7%
Oct 202517.6%12.4%29.1%25.9%
Nov 202514.7%12.6%29%28.8%
Dec 202518%14.8%28.6%26.1%
Jan 20268.69%8.64%21.3%29.2%
Feb 2026-2%5.27%18.2%28.8%
Mar 2026-9.71%-0.39%8.53%25.5%
Apr 2026-9.9%-2.18%6.66%24.8%
May 2026-15%-5.11%5.57%18.8%
Jun 2026-13.5%-8.61%3.53%18.1%
Jul 2026-12%-8.14%1.23%15.4%
Aug 2026-11.3%-3.88%1.18%12.3%

Homies Research × Real Estate Magazine · Read the September 2026 Market Call ↗