08/20/2026
Ontario’s buyer’s market just ended. Vancouver could be next.
Direct quotes and sources only.
📊 1. CREA JUST CALLED IT
“According to CREA, Ontario spent the first four months of 2026 in buyer’s-market territory, but by July conditions had tightened significantly.”
Source: CREA July 2026 Housing Market Release.
🏘️ 2. GREATER GOLDEN HORSESHOE FLIPPED TO BALANCED
“Across the Greater Golden Horseshoe, many markets that were previously considered buyer’s markets have now moved back into balanced territory.”
Source: CREA.
📉 3. NEW LISTINGS -10.8% YoY
“New listings fell 10.8% year-over-year in July, while sales remained relatively steady.”
Source: CREA July 2026.
🏢 4. INVENTORY STILL HIGH BUT DROPPING
73,890 active listings in Ontario at end of July. Still 20.5% above the 5-year average.
Source: CREA.
💰 5. PRICES STILL DOWN YoY
Ontario average $797,486 (-2.9%). Benchmark $749,800 (-3.9%). Townhouses -6%. Apartments -6.9%.
Source: CREA.
If Vancouver follows the Ontario pattern, buyers may have less time than they think.
A condo, townhouse, or detached home can all look great and still bury you in costs later. Comment RISK for the free Before You Buy Checklist.
SOURCES:
• CREA July 2026 Housing Market Release
Dan J Reilly Personal Real Estate Corporation, eXp Realty. Reporting only. Not legal, tax, or investment advice.