Several straight monthly gains: is Canada’s market turning?

With over two decades of consulting experience and a master's in business, I keep a close eye on market shifts—especially those we’re seeing now across Canada. July marked the fourth consecutive monthly increase in home sales, a trend fueled by tighter supply and steady prices. The average sale price edged up by 0.2% to $674,819, while new listings slipped by 1.6%. With inventory sitting at 4.7 months, we’re looking at a balanced market environment. For those navigating these nuanced changes, a careful, well-informed approach is key.