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Market Stats in Toronto July 2026
Toronto Housing Market Update: Sales Improve as Inventory Tightens in July 2026
Toronto's housing market showed slightly stronger sales activity in July 2026 while the number of active listings declined noticeably. This combination reduced available inventory and created somewhat tighter conditions compared with the same period last year.
A total of 2,242 homes were sold, up 2.4% from 2,190 sales during the comparable 2025 period. At the same time, active listings declined to 9,310, representing a substantial 13.5% year-over-year decrease.
What this means: Toronto recorded more sales while fewer properties were available for buyers to choose from. If this pattern continues, well-priced properties could face stronger competition and the pace of price declines may moderate.
The average selling price was $1,010,836, down 3.3% compared with $1,045,159 during the same period in 2025. Prices therefore remained below last year's level even as sales activity improved.
Year to date, Toronto's average sale price stood at $1,049,952, down 4.7%. Year-to-date sales reached 13,792, approximately 0.2% higher than the comparable period.
Homes spent an average of 31 days on the market year to date, which was 10.7% higher. This suggests that buyers still had time to compare properties, despite the recent decline in available inventory.
July 2026 Toronto Market Highlights
Toronto Condo Market in July 2026
Toronto's condo market recorded stronger sales activity compared with last year, while average prices remained lower.
The average condo sale price was $672,807, down 1.6% from $683,643 during the comparable 2025 period.
Condo sales increased to 1,054, approximately 3.3% higher than the 1,020 sales recorded a year earlier.
| Year | Condo Sales | Average Condo Price |
|---|---|---|
| 2026 | 1,054 | $672,807 |
| 2025 | 1,020 | $683,643 |
| 2024 | 994 | $748,760 |
| 2023 | 1,083 | $754,654 |
What July's Toronto Numbers Mean for Buyers and Sellers
For Buyers
Toronto buyers still have meaningful choice, particularly in property segments where inventory remains elevated. However, the sharp year-over-year decline in active listings means desirable and well-priced homes may become more competitive if demand continues to improve.
For Sellers
Lower active inventory can help properly positioned listings stand out. Sellers should still base their asking price on recent comparable sales, current listings and the specific demand for their property type rather than relying on previous market highs.
What to Watch in Toronto During the Second Half of 2026
July's results show improving sales alongside a noticeable reduction in active inventory. If those trends continue, Toronto's market could gradually become more balanced.
Key indicators to monitor include:
- Whether active listings continue to decline
- Changes in monthly home sales
- Average and benchmark price movements
- Toronto condo demand and inventory
- Average days on market
- Mortgage rates and overall affordability
What Does the Current Toronto Market Mean for You?
Toronto-wide statistics provide useful context, but market conditions can differ significantly by neighbourhood, property type and price range. If you are planning to buy, sell or want to understand your property's current market position, Saeed Anwar can help you review recent comparable sales and current competition.
Discuss Your Toronto Real Estate Plans →Source: TRREB Market Watch, July 2026. Market statistics are broad indicators and should not be used as a property-specific valuation.
Market Stats in Toronto June 2026
🏘️GTA Housing🏚️ Market Update: Signs of Strength as We Head Into Summer☀️☀️☀️
With the excitement of the World Cup capturing attention around the globe, there are also some encouraging developments happening closer to home in the Greater Toronto Area housing market.
After a slower start to the year, the GTA real estate market showed renewed momentum in June. Home sales increased by 9.4% compared to June 2025, while the number of new listings declined by 12.9%. With fewer homes coming to market and more buyers becoming active, market conditions are becoming more balanced, creating increased competition for well-priced properties.
Year-to-date, home sales have slightly outpaced the first half of 2025, while available inventory remains significantly lower. This reduction in supply is helping to absorb existing listings and may contribute to firmer home prices as we move through the second half of 2026.
The average GTA home sold for $1,058,658 in June. While this remains 3.9% lower than a year ago, the rate of price decline continues to slow. Month-over-month, average prices posted modest gains, another positive indicator that the market may be stabilizing.
According to Jason Mercer, Chief Information Officer at TRREB, buyer activity is expected to strengthen throughout the remainder of 2026 as confidence returns and pent-up demand is released. If this trend continues, home prices could level off and potentially begin to rise again before the end of the year.
Affordability remains a key concern across the GTA. Industry leaders continue to advocate for reductions in development charges, which can account for as much as 20% of the cost of a new home. Lowering these costs could help improve affordability for future homebuyers.
Whether you’re considering buying your first home, moving up, downsizing, or investing, today’s market presents opportunities that may not have been available earlier in the year. Every neighborhood is unique, and understanding local market conditions is essential when making real estate decisions.
If you’re wondering what these changes mean for your area or would like an updated value of your home, I’d be happy to help
Market Stats in Toronto May 2026
🏘️ Toronto GTA Housing Market Update: Market Momentum Builds as Summer Approaches ☀️🏡
As we move further into the summer season, the Toronto GTA real estate market continues to show encouraging signs of recovery. May brought stronger buyer activity, while fewer new properties came to market compared to the same time last year, helping create a healthier balance between supply and demand.
After many months of elevated inventory, the market is gradually tightening as buyers absorb available homes. In several communities across Toronto and the Greater Toronto Area (GTA), competition has begun to increase, creating conditions that may help stabilize home prices and support future market growth.
Improved affordability has been one of the biggest drivers of this renewed activity. Lower home prices compared to a year ago, combined with reduced borrowing costs, have made homeownership more accessible for many buyers who had been waiting for the right opportunity to enter the Toronto GTA housing market.
📊 May Toronto GTA Market Highlights
During May, 6,583 homes were sold across the Toronto GTA, representing a 6.3% increase compared to May 2025.
At the same time, new listings declined by 13.3% year over year, reducing the number of homes available for purchase and creating a more balanced marketplace.
Market momentum also strengthened on a month-to-month basis. Compared to April, home sales increased by 10%, while new listings declined slightly. This indicates that buyer demand is growing faster than new inventory is entering the Toronto GTA housing market.
The average selling price reached $1,069,700 in May, down 4.6% compared to May 2025. However, the average price was slightly higher than in April, suggesting that home prices across the Toronto GTA may be beginning to stabilize and gradually recover.
🏡 What This Means for Toronto GTA Buyers and Sellers
For buyers, today’s Toronto GTA housing market continues to offer excellent selection and greater negotiating opportunities. Improved affordability, lower home prices compared to last year, and reduced borrowing costs are encouraging more buyers to re-enter the market.
However, with sales activity increasing and new listings declining, competition is beginning to build across several Toronto GTA communities. Buyers who have been waiting for the right opportunity may want to take advantage of current conditions before the market becomes more competitive.
For sellers, improving demand and declining inventory could create stronger selling conditions in the months ahead. Well-priced homes in desirable Toronto GTA neighbourhoods may benefit from increased buyer competition as more purchasers return to the market. As market conditions continue to improve, sellers who prepare and price their homes strategically may be well-positioned to achieve strong results.
🏢 Toronto GTA Condo Market Update
The Toronto GTA condominium market continued to experience price pressure as recently completed projects added more inventory to the market.
Even so, buyer confidence improved noticeably, with condominium sales increasing by nearly 8% compared to the same period last year.
Better affordability and lower financing costs are encouraging many buyers to re-enter the Toronto GTA condo market after waiting on the sidelines. While additional inventory continues to put pressure on prices, improving sales activity could be an early sign of a healthier condo market ahead.
For buyers, current conditions present an opportunity to explore a wider selection of condos while benefiting from improved affordability. For sellers, strategic pricing and strong marketing remain essential to stand out in a competitive Toronto GTA condo market.
🔮 Toronto GTA Housing Market Outlook
If current trends continue throughout the second half of 2026, supported by lower interest rates, improving economic confidence, and greater stability in global trade and geopolitical conditions, the Toronto GTA housing market could see further price stabilization and gradual growth heading into 2027.
With buyer demand strengthening faster than new inventory is entering the market, conditions across the Toronto GTA could become increasingly competitive in the months ahead.
Whether you’re buying your first home, upgrading, downsizing, investing, or simply looking for expert advice, I’m always here to help you navigate the Toronto GTA real estate market with confidence.
Have questions about your local Toronto GTA market or want to discuss your real estate goals? Let’s connect and make informed decisions together.
Market Stats in Toronto April 2026
🏘️ Toronto GTA Housing Market Update: Spring Momentum Builds Across the GTA 🌷🏡
The Toronto GTA real estate market continued to gain momentum throughout April, with stronger buyer activity and fewer new listings creating more balanced market conditions.
As we move further into the spring market, improving affordability and lower borrowing costs are encouraging more buyers to re-enter the market, while declining inventory is beginning to create more competition across Toronto and the Greater Toronto Area (GTA).
📊 April Toronto GTA Market Highlights
According to the Toronto Regional Real Estate Board (TRREB), 5,946 homes were sold across the Toronto GTA in April 2026, representing a 7% increase compared to April 2025.
At the same time, new listings declined by 9.3% year over year, while buyer demand continued to strengthen. As a result, inventory decreased to approximately 4.2 months of supply, bringing the market closer to balanced conditions.
The average selling price reached $1,051,969. While this was 4.9% lower than April 2025, prices increased by approximately 3% compared to March 2026 on a seasonally adjusted basis. This month-over-month improvement is an encouraging sign that the Toronto GTA housing market may be beginning to stabilize.
🏡 What This Means for Toronto GTA Buyers and Sellers
Although home prices remain below last year’s levels, the month-over-month increase suggests that competition is beginning to return to many Toronto GTA neighbourhoods.
Improved affordability, combined with lower borrowing costs, has encouraged more buyers to re-enter the market this spring.
According to TRREB Chief Market Analyst Jason Mercer, there is still significant pent-up demand waiting on the sidelines. As economic confidence continues to improve and trade conditions become more stable, buyer activity is expected to strengthen further throughout the year.
For buyers, today’s Toronto GTA housing market continues to offer opportunities to benefit from relatively favourable prices, greater choice, and negotiating power. However, as inventory declines and demand increases, competition could become stronger in the months ahead.
For sellers, improving buyer activity and declining inventory are creating increasingly favourable conditions, particularly for well-priced homes in desirable Toronto GTA neighbourhoods.
🏢 Toronto GTA Condo Market Update
The Toronto GTA condominium market also experienced encouraging growth in April.
Condo sales increased by 9% compared to the previous year, while average prices remained approximately 6.3% lower than last year.
These conditions continue to attract first-time homebuyers and investors, particularly those looking at smaller units under 600 square feet, where affordability remains more accessible.
With sales activity improving while prices remain below last year’s levels, the Toronto GTA condo market may offer attractive opportunities for buyers who have been waiting for more favourable conditions.
🔮 Looking Ahead
The current Toronto GTA housing market offers excellent opportunities for buyers who want more choice and negotiating power, while sellers are beginning to benefit from improving demand and declining inventory.
If these trends continue, market conditions across the Toronto GTA could become increasingly competitive in the months ahead as more buyers return to the market and available inventory continues to tighten.
Whether you’re planning to buy, sell, invest, or simply want to understand what today’s Toronto GTA real estate market means for your home’s value, I’m always here to help.
Have questions about the Toronto GTA market or your real estate plans? Let’s connect and discuss your goals.
Market Stats in Toronto March 2026
🏘️ Toronto GTA Housing Market Update: Signs of Stabilization as Spring Arrives 🌷🏡
Although winter lingered longer than expected, the Toronto GTA housing market began showing encouraging signs of improvement in March.
Home sales increased compared to the same time last year, while lower home prices and improved affordability encouraged more buyers to enter the market ahead of the spring season. As economic confidence improves and progress continues on trade and geopolitical issues, buyer activity is expected to strengthen further across Toronto and the Greater Toronto Area (GTA).
📊 March Toronto GTA Market Highlights
According to the Toronto Regional Real Estate Board (TRREB), 5,039 homes were sold across the Toronto GTA in March 2026, representing a 1.7% increase compared to March 2025.
At the same time, active listings declined by 8% year over year, indicating that market conditions are gradually becoming more balanced as the supply of available homes begins to tighten.
The average selling price was $1,017,796, down 6.7% compared to March 2025. However, prices remained relatively stable on a month-over-month basis, with a slight increase from February. This could be an early indication that the Toronto GTA housing market is beginning to stabilize.
🏡 What This Means for Toronto GTA Buyers and Sellers
Buyers continued to enjoy strong negotiating power throughout March, benefiting from improved affordability and greater selection across most segments of the Toronto GTA real estate market.
According to TRREB Chief Market Analyst Jason Mercer, these favourable market conditions have contributed to lower average selling prices compared to last year.
However, as inventory continues to tighten and buyer demand gradually increases, home prices across the Toronto GTA may begin to level off during the remainder of 2026.
For buyers who have been waiting for the right opportunity, today’s Toronto GTA housing market may still offer attractive conditions before competition increases further.
For sellers, the combination of declining inventory and improving buyer activity could create a more favourable market as we move further into the year, particularly for well-priced homes in desirable Toronto GTA neighbourhoods.
🏗️ Toronto GTA New Home Incentives
One of the most significant housing announcements this year came from the Ontario and federal governments, introducing new measures designed to encourage home construction and improve affordability for buyers of newly built homes across the Toronto GTA.
From April 1, 2026, through March 31, 2027, eligible purchasers of newly built homes can benefit from substantial HST rebates:
- 🏠 Homes valued up to $1 million: Full HST rebate of up to $130,000
- 🏡 Homes between $1 million and $1.5 million: Maximum rebate of $130,000
- 🏘️ Homes between $1.5 million and $1.85 million: Graduated rebate based on the purchase price
- 🏢 Homes over $1.85 million: Continue to qualify for the existing provincial rebate of $24,000
These incentives are available to eligible purchasers, including first-time buyers, repeat buyers, and investors.
Additional relief related to municipal development charges is also expected, with further details anticipated from the provincial government.
🔮 Looking Ahead
Many developers are actively promoting their remaining inventory to take advantage of these new incentives, creating attractive opportunities for buyers interested in purchasing a newly built home in the Toronto GTA.
Combined with lower borrowing costs and improving market conditions, these affordability measures could help stimulate buyer demand, support new home construction, and address some of the Toronto GTA’s ongoing housing supply challenges.
As inventory continues to tighten and buyer confidence improves, the Toronto GTA housing market may be entering an important transition period. Buyers who are prepared to act may be able to take advantage of today’s opportunities before competition increases further.
Whether you’re buying your first home, selling, investing, or simply looking for guidance on today’s Toronto GTA real estate market, I’m always here to help.
Have questions about the Toronto GTA market or your real estate plans? Let’s connect and discuss your goals.
Market Stats in Toronto February 2026
🏘️ Toronto GTA Housing Market Update: Signs of a Tightening Market as Spring Approaches 🌷🏡
As winter begins to fade, the Toronto GTA real estate market is showing early signs of tightening.
Although home sales were lower than a year ago, the number of new listings declined even more sharply, reducing the supply of available homes and creating more balanced market conditions across Toronto and the Greater Toronto Area (GTA).
Recent consumer surveys also indicate that fewer homeowners plan to list their properties in 2026. If this trend continues into the spring market, buyers may face increased competition, which could help stabilize home prices and support stronger sales activity later this year.
📊 February Toronto GTA Market Highlights
According to the Toronto Regional Real Estate Board (TRREB), 3,868 homes were sold across the Toronto GTA in February 2026, representing a 6.3% decrease compared to February 2025.
On a seasonally adjusted basis, both home sales and new listings declined from January 2026. However, new listings fell at a faster pace than sales, contributing to tighter market conditions and reducing the supply of available homes.
The average selling price was $1,008,968, a 7.1% decrease compared to February 2025. While prices remain below last year’s levels, improved affordability is encouraging more buyers to begin exploring the Toronto GTA housing market.
🏡 What This Means for Toronto GTA Buyers and Sellers
According to TRREB Chief Market Analyst Jason Mercer, there is substantial pent-up demand across the Toronto GTA, with more than 100,000 potential buyers waiting for greater market certainty before making a purchase.
As confidence improves, home prices stabilize, and economic and trade conditions become more favourable, buyer activity is expected to strengthen significantly during the second half of 2026 and into 2027.
For buyers, today’s Toronto GTA housing market continues to offer opportunities through improved affordability and greater negotiating power. Sellers, meanwhile, may benefit from declining inventory levels if buyer demand continues to increase over the coming months.
🏢 Toronto GTA Condo Market Update
The Toronto GTA condominium market remained under pressure in February. Condo sales declined 11.2% year over year, while average condominium prices fell 8.9% compared to February 2025.
With approximately 20,000 new condominium units expected to be completed across the Toronto GTA during 2026, pricing may continue to face short-term pressure as additional inventory enters the market.
Looking further ahead, many economists expect the Toronto GTA condo market to improve toward the end of 2026 and into 2027. As the pace of new construction slows and the Toronto GTA continues to welcome approximately 50,000 new residents each year, growing demand is expected to gradually absorb available inventory and support a healthier condominium market.
🔮 Looking Ahead
The Toronto GTA real estate market may be entering a period of transition. While sales and prices remain below last year’s levels, declining new listings, improved affordability, and substantial pent-up demand could create stronger market activity as the year progresses.
For buyers, the current Toronto GTA housing market may provide an opportunity to explore more options and negotiate favourable terms before competition increases. For sellers, lower inventory could become increasingly favourable if buyer demand strengthens throughout the year.
Whether you’re buying, selling, investing, or simply looking for advice about today’s Toronto GTA real estate market, I’m always here to help.
Have questions about your Toronto GTA real estate goals or your home’s value? Let’s connect and discuss how I can help you make the most of today’s market.
Market Stats in Toronto January 2026
🏘️ Toronto GTA Housing Market Update: A Buyer-Friendly Start to 2026 ❄️🏡
Winter arrived with full force across Toronto and the Greater Toronto Area (GTA) this year, bringing freezing temperatures and heavy snowfall. The Toronto GTA housing market also started 2026 at a slower pace, with fewer home sales and increased inventory creating more favourable conditions for buyers.
📊 January Toronto GTA Market Highlights
According to the Toronto Regional Real Estate Board (TRREB), 3,082 homes were sold across the Toronto GTA in January 2026, representing a 19.3% decrease compared to January 2025.
At the same time, active listings increased by 8.1% year over year, reaching 17,975 available homes across the Toronto GTA.
With 5.8 months of inventory currently available, buyers have more choice and greater negotiating power. As inventory approaches six months, market conditions generally become more balanced and can begin to favour buyers.
The average Toronto GTA home sold for $973,289 in January 2026, a 6.5% decline compared to January 2025. Combined with stable borrowing costs following the Bank of Canada’s decision to hold interest rates steady, lower home prices are creating improved affordability and new opportunities for buyers entering the Toronto GTA real estate market.
🏡 What This Means for Toronto GTA Buyers and Sellers
According to TRREB Chief Market Analyst Jason Mercer, the current level of inventory should help keep home prices relatively stable in the near term. However, improving affordability and growing consumer confidence could bring more buyers back into the Toronto GTA housing market during the second half of 2026.
For buyers, today’s market offers an opportunity to explore a wider selection of homes, negotiate more favourable terms, and potentially secure better value before competition increases.
For sellers, the market may remain slower in the short term, but stronger buyer demand is expected as affordability improves and confidence returns.
🏢 Toronto GTA Condo Market Update
The Toronto GTA condominium market continues to face challenges due to a higher-than-normal number of new unit completions. Approximately 20,000 new condominium units are expected to be delivered across the Toronto GTA by the end of 2026, adding further inventory to the market.
Condo sales declined by 26% compared to January 2025, while the average condominium price fell by nearly 10% to $604,759. Much of this decline reflects increased sales activity in smaller, investor-oriented units that have become more affordable.
For first-time buyers and investors, these lower prices may create attractive opportunities to enter the Greater Toronto and Hamilton Area (GTHA) condominium market at more competitive price points.
🔮 Looking Ahead
While 2026 has started at a slower pace, improving affordability, stable interest rates, and growing buyer confidence could support a stronger Toronto GTA housing market as the year progresses.
Buyers who are prepared to act early may be able to take advantage of today’s favourable conditions before competition and prices begin to increase.
Whether you’re thinking about buying, selling, investing, or simply want to understand what’s happening in the Toronto GTA real estate market, I’m here to help.
Have questions about the Toronto GTA market or your real estate plans? Let’s connect and discuss your goals.
