September marks the beginning of the fall market and is typically when activity picks up after the slower summer months. Instead, GTA home sales remained virtually unchanged from August and fell 9% compared to last September. Sales: 5,040 (-9.0% YoY) Average Price: $1,006,409 (-5.1% YoY) Median Price: $860,000 (-5.8% YoY) New Listings: 16,500 (-14.4% YoY) Active Listings: 26,131 (-9.3% YoY) …
August 2026 GTA Market at a Glance 5,057 sales | ↓ 2.1% year-over-year 12,075 new listings | ↓ 14.1% $993,410 average price | ↓ 2.7% MLS HPI benchmark | ↓ 4.5% At first glance, there are some encouraging signs: inventory is tightening and price declines are becoming less severe. But underneath those numbers, August also showed that buyers remain cautious. …
Since March, each month recorded more home sales than the same month the year before. That has led many to believe the GTA housing market had finally bottomed and that a stronger second half of the year was on the way. TRREB even stated that “average selling prices could level off in the second half of this year.” So… are …
Remember When 20+ Offers Were the Norm? If you’ve been in the market for a few years, you probably remember offer nights like these. 19 offers. 29 offers. Even 39 offers on a 1+1 condo townhouse! Those days feel like a lifetime ago. Fast forward to today, and buyers have far more negotiating power than they did during the 2021–2022 …
Buyers Are Returning, But Carefully April delivered the first meaningful signs of stabilization for the GTA housing market. We saw a rise in home sales, a dip in new listings, and tightening inventory in key pockets. But before the headlines start calling this a full-scale recovery, it is important to look beneath the surface. While some neighbourhoods are regaining their …
A Seasonal Lift, Not a Recovery Seasonally, the market did exactly what it normally does. Spring brings more activity. Sales pick up. Prices often rise month-over-month. And we did see that: March numbers look encouraging. Toronto Regional Real Estate Board reported a 1.7% increase in sales and 8.33% decrease in Month of Inventory year over year, which many headlines quickly …
Although the year-over-year numbers appear weak, the early signs of the spring market are beginning to emerge. Compared to January: • Sales increased roughly 25% month-over-month • Average prices increased about 3.7% This seasonal lift is typical as buyers return to the market after the winter slowdown. However, compared to a normal February or early spring market, activity levels remain …
Affordability Improves, but Confidence Remains Absent The GTA housing market remains under pressure as we move into 2026. Sales, prices, and listings are all trending lower on both a month-over-month and year-over-year basis. It reinforcing what many buyers and sellers are already feeling on the ground: this is still a gloomy market, with no clear recovery in sight. January 2026 …
2025 GTA home sales finished at 62,433 transactions, the lowest annual total since 2000. That followed sales of roughly 70,000 homes in both 2023 and 2024, which were already the weakest years since 2001. In other words, the GTA has now experienced three consecutive years of sales at more than a 20-year low. Sales & Average Price by Major Home type …
As we approach the end of 2025, I can’t help but think about how differently this year is wrapping up compared to 2024. Last year at this time, the energy in the market was surprisingly positive. Buyers were eager, trying to get ahead of what many believed would be a competitive spring. Sellers felt confident too, holding firm on price, …
