There is no single Canadian days-on-market number. CREA's national release does not carry one; what exists lives at the board level, and it varies by both region and property type.
Headline figure
40 & 46 days
In July 2026, homes in the Fraser Valley took an average of 40 days to sell for both detached houses and townhomes, and 46 days for condos. That is one real board's number for one region — not a national figure, because Canada does not have one.
What the data says
Days on market depends on when a listing entered a local MLS® system and when it left it — a calculation each board's own system performs on its own listings. CREA aggregates sales, price and listing counts nationally because those roll up cleanly across systems; a time-to-sell calculation does not roll up the same way without every board agreeing on a common method, which has not happened. The result is real, usable data at the board level and a genuine gap at the national level — not a case of the data being hidden, but of it not existing in aggregated form.
That gap is worth stating plainly to a client rather than papering over with an invented national figure. Anyone circulating a single “Canada's homes take X days to sell” number is either quoting one board's figure as though it were national, or has not checked where the number came from.
Mississauga reports a median; Fraser Valley reports an average. A median is the middle value in a sorted list of sale times — it is not pulled around by one property that sat unsold for six months. An average includes that outlier and can run higher as a result. Neither method is wrong; they answer slightly different questions, and a page that quotes one board's median against another board's average, side by side, without saying which is which, is comparing two different statistics as though they were one.
| Property type | Fraser Valley (avg, Jul 2026) | Mississauga (median, Q2 2026) |
|---|---|---|
| Single detached | 40 days | 20 days (unchanged YoY) |
| Townhome / condo townhouse | 40 days | 26 days (up from 21) |
| Condo apartment | 46 days | 31 days (up from 29) |
| Semi-detached | — (not broken out) | 17 days (down from 18) |
Sources: Fraser Valley Real Estate Board, monthly statistics package, released August 5, 2026; CREA board-level statistics for Mississauga, Q2 2026. Do not average these two columns together — they use different central-tendency measures and different reference periods.
Both boards' numbers, for what they measure, point the same qualitative direction: mid-30s-to-mid-40s days for ground-oriented homes, running higher for condo product. That pattern — condos generally taking longer than houses to find a buyer — shows up in both regions even though the exact figures are not comparable. Whether that pattern holds in a given board's own market is a question for that board's own reporting, not for a number borrowed from Fraser Valley or Mississauga.
Pair this with sales-to-new-listings, province by province for the demand-side context behind these two boards' figures, and with national home sales and price, tracked for what is happening nationally at the same time.
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