The number of home sales recorded in Canada increased by 3.8% on a month-by-month bases in July 2025 according to CREA.

There were 202,500 properties listed for sale on all Canadian MLS® Systems at the end of July 2025, up 10.1% from a year earlier and in line with the long-term average for that time of the year.

Shaun Cathcart, CREA’s Senior Economist, said: “With sales posting a fourth consecutive increase in July, and almost 4% at that, the long-anticipated post-inflation crisis pickup in housing seems to have finally arrived.”

New supply was up only 0.1% month-over-month in July, combined with the increase in sales, the national sales-to-new listings ratio rose to 52%, up from 50.1% in June and 47.4% in May.

Valérie Paquin, CREA Chair, said: “Typically, we see a burst of new listings right at the beginning of September to kick off the fall market, but it seems like buyers are increasingly returning to the market.”