Shiela Balanay | #Ontario Blog

Thursday, September 10, 2026   /   by Shiela Balanay

Ontario MLS® Home Sales Remain Below Last Year’s Levels in August

 
 
Provincial Overview: Ontario
 
Real Estate Residential sales activity reported through the MLS® Systems of real estate boards in Ontario totalled 109,456 units over the first eight months of the year, down 2.4% from the same period in 2025. August marked the lowest home sales total for the month in 25 years, highlighting the slower pace of activity across the province. The more comprehensive year-to-date average price was $815,666, a modest 3% decrease from the first eight months of 2025. With both sales and average prices trending lower year over year, Ontario’s housing market continues to reflect a more measured pace as buyers and sellers adjust to current conditions. 
 
 
Spotlight On: London, ON
 
This Year (Year-to-Date)

Home Sales Activity: Total home sales dropped 4.4% compared to the same period in 2025, reaching 4,704 units.
Average Sale Price: The region's overall year-to-date average home price stands at $620e ...

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Thursday, August 13, 2026   /   by Shiela Balanay

Ontario MLS® Market Shows Continued Activity as July Sales Stay Above Average

 
Provincial Overview: Ontario Real Estate 
 
Residential sales activity reported through the MLS® Systems of real estate boards in Ontario totalled 95,887 units over the first seven months of the year, representing a 1.9% decrease compared to the same period in 2025. Despite the modest year-over-year decline, July saw above-average home sales, showing that buyers and sellers continue to remain active in the Ontario housing market.
 
The year-to-date average home price was $819,570, down 3.2% from the first seven months of last year. With prices remaining below 2025 levels and sales activity continuing, buyers may find more opportunities as they navigate the current market.
 
Spotlight On: London, ON
 
This Year (Year-to-Date) 

Declining Sales Activity: Year-to-date transactions reached 4,182 units, down 2.9% compared to the same period in 2025.
Accumulating Active Inventory: Average active listings expanded to 2,968 units, markie ...

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Thursday, July 9, 2026   /   by Shiela Balanay

Ontario MLS® Home Sales Continue to Build Momentum in June

 
Provincial Overview: Ontario Real Estate
 
Residential sales recorded through Ontario's MLS® Systems reached 79,675 homes during the first half of the year. While this represents a modest 1.9% decline compared to the same period in 2025, the market has continued to show encouraging signs of stability and gradual improvement.
The year-to-date average home price stood at $824,118, reflecting a 3.2% decrease from the first six months of 2025. Despite the year-over-year dip, the market continues to adjust as buyers and sellers navigate evolving housing conditions.
 
Spotlight On: London, ON
 
This Year (Year-to-Date)

Slower YTD Demand: Overall year-to-date sales activity sits at 3,498 transactions, representing a 2.4% decline compared to the same period in 2025.
Building Inventory: Active listings have averaged 2,893 units YTD, which is an 8.4% climb compared to last year's average pace.
Comfortable Supply: The long-term year-to-date market hole ...

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Tuesday, June 9, 2026   /   by Shiela Balanay

Ontario MLS® Home Sales Continue Monthly Growth Trend in May Despite Slight Year-Over-Year Decline

 
Provincial Overview: Ontario Real Estate

Residential sales activity reported through the MLS® Systems of real estate boards in Ontario totalled 61,660 units over the first five months of the year, down slightly by 3.8% compared to the same period in 2025. Despite the year-over-year decline, home sales increased for the fourth consecutive month, signaling continued market momentum. The year-to-date average home price was $822,066, a 3.4% decrease from the first five months of last year, offering buyers improved affordability and more opportunities in a balanced market.
 
Spotlight On: London, ON
This Year (Year-to-Date)
Slower Annual Demand: Overall YTD sales activity sits at 2,746 transactions, representing a 3.4% decline compared to the same period in 2025.
Accumulating Supply: Slower sales throughout the winter and early spring have allowed active inventory to build, with average YTD active listings climbing 8.9% to 2,770 units.
Shifted Balance: The market; ...

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Sunday, May 17, 2026   /   by Shiela Balanay

Ontario MLS® Home Sales See Buyers Benefit From Above-Average Housing Inventory in April

 
Provincial Overview: Ontario Real Estate
 
Residential sales activity reported through the MLS® Systems of real estate boards in Ontario totalled 44,456 units over the first four months of the year, representing a moderate decrease of 4.7% compared to the same period in 2025. Despite softer sales activity, elevated inventory levels across the province continued to provide buyers with a wider selection of homes and greater flexibility in their purchasing decisions. During this same period, the comprehensive year-to-date average home price was recorded at $812,508, down 4.1% from the first four months of last year. As market conditions remain more balanced, buyers continue to benefit from increased availability and a less competitive environment compared to previous years.



 
Spotlight On: London, ON
 
This Year (Year-to-Date)
 

A Cooler Market: Sales are down 7.3% compared to last year, indicating quieter buyer activity.
Surging Invent ...

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Office: 519.670.0385

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