The number of sales across all categories was also down over last month, and last year. What did sell, sold at a lower average sale price over last month and last year. Townhomes fared the best - that decrease was pretty negligible, with the average price of a townhome staying fairly steady throughout the year. We've been saying it all year - townhomes will be the leader in 2024.

With September comes back to school and new beginnings. We're seeing a lot of price adjustments as sellers get serious about selling their home before winter. Sellers can continue to expect subject to sale offers; where this gets tricky is when it runs a few deep, meaning the buyer goes in with a subject to sale, gets an offer on their home with a subject to sale etc. Some potential buyers with homes listed are now preferring to wait for their home to sell before they buy.