05/05/2026
The April numbers are in, and the market is… shifting 👀
Not dramatically. Not loudly. But in a way that matters if you’re paying attention.
Here’s what we’re seeing:
• Sales up 7% YoY
• New listings down 9.3%
• Average price at $1,051,969, down 4.9% YoY
• Prices slightly up month-over-month
Now here’s the part no one is saying clearly enough:
We’re in a transition window.
For the past year, buyers have had choice, leverage, and time. And while that hasn’t disappeared overnight, the gap is starting to close. Quietly.
Less inventory + more active buyers = pressure building under the surface.
The nuance >> Prices are still lower YoY, which means buyers feel “safe” entering the market. At the same time, competition is starting to reappear in the right properties, in the right neighbourhoods.
This means the best opportunities are still here… but they’re getting picked off faster.
This isn’t a hot market. It’s not a slow market either.
It’s a smart market.
And the people who win in this kind of market are the ones who move before the headlines catch up.
If you’re watching, wondering, or trying to time your next move, let’s talk.
