Nova Scotia Association of REALTORS® reports MLS® home sales and new listings remain stable month over month
The number of homes sold through the MLS® System of the Nova Scotia Association of REALTORS® totaled 1,190 units in June 2026. This was a modest decline of 1.6% from June 2025.
Home sales were 3.5% below the five-year average and 8.5% below the 10-year average for the month of June.
On a year-to-date basis, home sales totaled 4,957 units over the first six months of the year. This was down by 8.6% from the same period in 2025.
The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price was $431,700 in June 2026, a modest decline of 1.3% compared to June 2025.
The benchmark price for single-family homes was $427,900, nearly unchanged, down only 0.8% on a year-over-year basis in June. By comparison, the benchmark price for townhouse/row units was $531,400, a decrease of 4.1% compared to a year earlier, while the benchmark apartment price was $439,300, a moderate decrease of 6.4% from year-ago levels.
The average price of homes sold in June 2026 was $481,384, a minor decrease of 1.6% from June 2025.
The more comprehensive year-to-date average price was $484,751, a small gain of 1.4% from the first six months of 2025.
The dollar value of all home sales in June 2026 was $572.8 million, falling by 3.1% from the same month in 2025.
The number of new listings rose 6.9% from June 2025. There were 2,037 new residential listings in June 2026.
New listings were 7.1% above the five-year average and 4.1% above the 10-year average for the month of June.
Active residential listings numbered 5,405 units on the market at the end of June, up by 10.3% from the end of June 2025. Active listings haven’t been this high in the month of June in more than five years.
Active listings were 28.1% above the five-year average and 2.6% above the 10-year average for the month of June.
Months of inventory numbered 4.5 at the end of June 2026, up from the 4.1 months recorded at the end of June 2025 and above the long-run average of 4.1 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
BOARD & ASSOCIATION INFORMATION
Trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).
NSAR represents more than 2000 brokers, salespeople and affiliate (e.g. solicitors, appraisers, banks) members throughout the province. The Association serves its members through a wide variety of educational programs, publications and special services with the vision that learning and sharing real estate knowledge will help the profession advance. Through an agreement with the Nova Scotia Real Estate Commission, NSAR provides all real estate licensing courses in the province. REALTOR® is a trademark, which identifies real estate professionals who are members of The Canadian Real Estate Association and, as such, subscribe to a high standard of professional service and a strict Code of Ethics.
For more information,
please contact:
Tanya White
(902) 468-5874 or 1 (800) 344-2001
twhite@nsar.ns.ca
Sandi Carroll
