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Sales to active ratio:
- August 2026 = 11%
- Detached homes = 10%
- Condos =9%
- Townhomes = 8%
- Higher than last month = 7%
- Higher than August 2025 = 10%
- Lower than 5yr August average = 19%
- Lower than 10yr August average = 22%
- **Buyer’s market = <12% / Balanced market = 12%-20% / Seller’s market = >20%**
Sales:
- August 2026 = 38
- Higher than last month = 25
- Higher than August 2025 = 32
- Lower than 5yr avg = 41
- 7% Lower than 5yr avg
- Lower than 10yr avg = 49
- 22% Lower than 10yr avg
Inventory:
- August 2026 = 344
- Lower than last month = 352
- Higher than August 2025 = 330
- Higher than the 5yr avg = 262
- Higher than the 10yr avg = 263
In a nutshell
Lower sales than average, but not dramatically lower: 38 compared to 5/10 yr averages of 41/49/. Inventory is quite high, the second highest inventory levels for August in the past 10 years.