Real Estate Statistics: August 2026
Wildfires and smoke slowed down the summer market for residential real estate market this August with sales down substantially from July as well as a year over year basis from August of 2025. Rate outlooks for the year are hopefully going to remain flat however, trade war and economic uncertainty continues to suppress buyer sentiment. We forecast the fall market will pick up slightly while favouring buyers. Have a home to sell? Now is an excellent time to trade up as the discount in a higher price point offsets the sharp pricing required on listing. To recap August 2026 numbers:
-Detached Homes saw 142 sales, 1219 active listings, and an average price of $1,056,700
-Condos saw just 96 sales, 785 active listings, and an average price of $465,700.
-Townhomes saw 42 sales, 420 active listings, and an average price of $698,600.
Contact David Jurome Personal Real Estate Corporation or Jaxon Jurome Personal Real Estate Corporation at Jurome Real Estate Group – Macdonald Realty : 250-300-0375.
📊 Stats provided by the Association of Interior Realtors.