CREA data shows home sales up 0.5% while new listings fall 1.6% — regional markets shift toward balanced territory

The latest CREA data points to a subtle yet important shift in the Canadian housing market. Home sales inched up by 0.5%, while new listings dipped 1.6%, pushing the sales-to-new listings ratio to 51.3%. Inventory remains tight at 4.7 months, and prices are showing stable, modest growth. For those watching regional trends—especially here in Greater Vancouver—these numbers signal a move toward more balanced market conditions. Having navigated both residential and commercial landscapes for years, I’ve seen firsthand how moments like this can impact everything from family moves to portfolio strategies. In a market where every fraction counts, a detail-driven approach is essential to making informed decisions.