Toronto Real Estate Market Update — October 2026
Listen (20 min) or read: September TRREB data shows GTA sales down 9% to 5,040, the average price down 5.1% to $1,006,409, and a Toronto market split between tight semis and loose condos.
Listen (20 min) or read: September TRREB data shows GTA sales down 9% to 5,040, the average price down 5.1% to $1,006,409, and a Toronto market split between tight semis and loose condos.
August TRREB data is in: sales down 2.1% ending a five-month rebound, new listings down 14.1%, and the average price back under $1M. Why the next three weeks decide the rest of 2026.
July TRREB data is in: the GTA has crossed into balanced market territory — sales flat, new listings down 17.8%, and the numbers that signal a bottom.
June TRREB data is in: sales up 9.4%, inventory tightening six straight months, and six Toronto neighbourhoods selling over asking.
Five months in a row: sales up, new listings down, inventory dropping. That’s not noise — that’s a pattern, even with prices still soft and buyer confidence at 2008 lows.
Spring listings flood in and everyone asks the same question: is the market back? What one seller’s decision to rent instead of list tells you about May.
Two homes, same city, same price point — one sold over asking, the other sat 30+ days. This isn’t a hot market or a bad market. It’s a split market.
In January people talk about real estate. In February they watch it. In March they finally act — following the slowest February since 2017.
Toronto’s average home price has dropped below $1 million for the first time since early 2021. That’s not just a number — it’s a signal.
New year, fresh perspective. Why the people who win in real estate aren’t the ones who rush — they’re the ones who plan, stay patient, and move when the timing is right.