The week before Victoria Day (May 2-4) has traditionally been a softer period for real estate activity, but the last five years reveal a major shift in how the market is behaving. While appointment volume has fluctuated significantly, sales have remained remarkably stable, and in 2026, sales surged to the highest level in the entire five-year comparison (26% higher than same period in 2025). This tells us the market is no longer being driven by casual browsing or high inquiry volume alone. Buyers who are active right now are more serious, more decisive, and far more likely to transact.
What stands out most is the contrast between 2023 and 2026. In 2023, appointment activity exploded past 4,000, yet sales remained relatively flat at 319 properties sold. Fast forward to 2026, and appointments were nearly 20% lower, but sales climbed to 356. the strongest conversion performance in this data set. That’s a major signal that the market has shifted from “shopping behaviour” to “action behaviour.” Consumers may be booking fewer appointments overall, but the quality and intent behind those appointments is clearly stronger.
