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GTA Homes Sales Up and Selling Prices Down in March

04/06/2026

Greater Toronto Area (GTA) resale housing market conditions tightened in March 2026 in comparison to last year. Sales were up year-over-year, while new listings were down. Selling prices were lower compared to March 2025 helping with affordability moving into the spring market.

“It’s encouraging to see an uptick in March home sales compared to last month and last year. This suggests that an increasing number of GTA households are looking to take advantage of improved affordability as we move into the spring market. Positive news on trade and geopolitical issues would help improve consumer confidence and home sales in the months ahead,” said TRREB President Daniel Steinfeld.

“Buyers continued to benefit from substantial negotiating power on price across major market segments in the last month. This explains why benchmark and average selling prices were down year-over-year. However, if market conditions continue to tighten, as they did in March, selling prices could start levelling off as we move through the remainder of 2026,” said TRREB Chief Information Officer Jason Mercer.

GTA REALTORS® reported 5,039 home sales through TRREB’s MLS® System in March 2026 – an increase of 1.7 per cent compared to March 2025. New listings entered into the MLS® System amounted to 14,442 – down by 16.7 per cent year-over-year.

On a seasonally adjusted basis, March 2026 home sales and new listings were up month-over-month compared to February 2026. Sales were up by a slightly greater monthly rate than new listings.

The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by 7.4 per cent year-over-year in March 2026. The average selling price, at $1,017,796, was down by 6.7 per cent compared to March 2025.

On a month-over-month seasonally adjusted basis selling prices remained relatively flat, with the MLS® HPI Composite edging down and the average selling price edging up compared to February 2026.

“The GTA housing supply pipeline is in danger of running dry in the medium-to-long term. The federal and provincial governments announcements on HST and development charge relief were important affordability policy initiatives designed to spur new home sales and construction. It will be important to ensure that the right types of homes are built, namely ‘missing middle’ home types bridging the gap between condos and traditional single-family homes. This is contemplated in the recent Ontario Building Homes and Improving Transportation Infrastructure Act,” said TRREB CEO John DiMichele.

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Etobicoke (W6) Real Estate Market Update – March 2026

The March 2026 real estate market in Etobicoke (W6), including Alderwood, Humber Bay, Long Branch, Mimico, and New Toronto, showed increased sales activity alongside softening home prices and tighter inventory.

Sales rose by 16% year-over-year, with 87 homes sold compared to 75 in March 2025, indicating renewed buyer activity in the area. However, total new listings declined by 14.8%, suggesting continued pressure on housing supply.

Average home prices decreased by 8.8% to $872,201, reflecting a shift in market conditions and increased affordability for buyers. At the same time, homes are selling slightly faster, with days on market dropping to 31 days, down 8.8% from last year.

Detached homes averaged just over $1.2 million, while condo apartments remained the most affordable option at approximately $620,000, continuing to attract first-time buyers and investors.

Overall, the Etobicoke W6 market is showing signs of rebalancing, with stronger sales, improved affordability, and steady demand across multiple property types—creating opportunities for buyers looking to enter the market and for sellers pricing strategically.

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Etobicoke (W7) Real Estate Market Update – March 2026

The March 2026 housing market in Etobicoke (W7), including Sunnylea, Stonegate-Queensway, The Queensway, and Humber Bay, reflects a shift toward a more balanced market with stable pricing and moderated activity.

Home sales decreased by 18.2% year-over-year, with 18 properties sold compared to 22 in March 2025. New listings also saw a slight decline of 8.8%, indicating continued low inventory levels across the area.

Despite fewer sales, average home prices rose by 3.6% to $1,576,500, demonstrating ongoing demand for properties in these highly desirable west-end neighbourhoods. Detached homes remained the dominant property type, with strong values averaging just over $2 million, while condo apartments provided a more affordable option at approximately $728,000.

Homes are taking longer to sell, with days on market increasing significantly by 34.5% to 39 days. This suggests buyers are taking more time in their decision-making, contributing to a less competitive pace compared to previous years.

Overall, the Etobicoke W7 market continues to show resilience, with rising prices, limited inventory, and a more measured sales environment—offering opportunities for both buyers and sellers in today’s evolving market.


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Etobicoke (W8) Real Estate Market Update – March 2026

The March 2026 real estate market in Etobicoke (W8), including Centennial Park, Markland Wood, Eringate, Eatonville, Islington City Centre, Princess Rosethorn, Edenbridge–Humber Valley, Lambton Mills, and The Kingsway, showed shifting dynamics as inventory tightened and buyer activity adjusted.

Sales activity declined by 18.6% year-over-year, with 105 homes sold compared to 129 in March 2025. New listings also dropped significantly by 20.5%, indicating reduced supply across the market. Despite fewer transactions, home prices remained stable, with the average sale price increasing 1.03% to $1,220,720.

Homes are taking slightly longer to sell, with the average days on market rising to 29 days, a 7.4% increase from last year—suggesting a more balanced pace between buyers and sellers.

Detached homes continue to command premium values, averaging over $2 million, while condo apartments remain an accessible entry point at approximately $642,817. This mix highlights continued demand across all property types, from luxury homes to more affordable options.

Overall, the Etobicoke W8 market is transitioning into a more balanced environment, with stable pricing, reduced inventory, and moderate buyer competition. This creates strategic opportunities for both buyers and sellers navigating today’s market conditions.

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W9 Real Estate Market Update – March 2026

The latest housing statistics for Toronto’s W9 neighbourhoods—including Martin Grove Gardens, Willowridge, Richview Park, Kingsview Village, Richmond Gardens, The Westway, Royal York Gardens, and Humber Heights–Westmount—show a market with slightly lower sales activity but notable price growth.

In March 2026, 30 homes were sold, representing a 9.09% decrease from 33 sales in March 2025. While the number of transactions declined slightly, the average home price increased significantly to $1,104,211, a 13.45% rise compared to $973,282 last year. This increase highlights the continued demand for homes in these established west Toronto neighbourhoods. 📈🏡

New listing activity declined modestly, with 75 properties coming to market, down 5.06% from 79 listings in March 2025. At the same time, homes are taking slightly longer to sell, with average days on market rising from 29 days to 32 days, an increase of 10.34% year-over-year. While still relatively quick by historical standards, the added time suggests a more balanced pace in the market.

Breaking down the sales by property type, detached homes accounted for the majority of transactions, with 17 sales and an average price of $1,104,211. Condo apartments remained the most accessible housing option with an average price of $547,630, while condo townhomes averaged $725,000.

Overall, the W9 real estate market continues to demonstrate strong pricing and steady demand, particularly for detached homes, even as the number of sales and new listings show slight declines. Buyers may see more time to evaluate properties, while sellers can still benefit from strong property values in these desirable Etobicoke communities. 📊

For more information about the W9 real estate market or to find out what your home may be worth, contact Maureen Reed, Sales Representative.

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W10 Real Estate Market Update – March 2026

The latest housing statistics for Toronto’s W10 communities—including Clairville, Humberwood, Smithfield, Thistletown, Rexdale–Kipling, West Humber, and The Elms—show a market that is stabilizing while buyers gain a bit more time to make decisions.

In March 2026, the number of home sales reached 29 transactions, a slight 3.33% decrease compared to 30 sales in March 2025. While sales volume dipped slightly, the average home price adjusted to $754,000, representing an 8.61% decline from $825,050 the previous year. This price shift may create new opportunities for buyers looking to enter the market in Toronto’s west-end communities. 📉🏡

Inventory levels remained steady with 99 new listings, unchanged from the same period last year. However, homes are taking longer to sell, with the average days on market increasing from 31 days to 41 days, a 32% rise year-over-year. This suggests buyers currently have more time to evaluate properties compared to the fast-paced conditions seen in previous years.

Looking at property types, detached homes continue to dominate sales activity, while semi-detached homes achieved the highest average price at $861,750. Condo apartments remain the most affordable option in the area with an average price of $513,111, offering attractive entry points for first-time buyers and investors.

Overall, the W10 real estate market is showing balanced conditions, with stable listing supply and slightly softer pricing. For buyers, this can mean improved negotiating opportunities, while sellers who price strategically can still achieve strong results in desirable neighbourhoods. 📊

For more insights into the W10 real estate market or to learn the value of your home, contact Maureen Reed, Sales Representative.

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February 2026 Real Estate Market Update – W10 (Clairville, Humberwood, Smithfield, Thistletown, Rexdale-Kipling, West Humber & The Elms)

The February 2026 housing market in Toronto’s W10 communities showed a shift in activity compared to the same time last year. Total home sales declined from 33 sales in February 2025 to 21 sales in February 2026, representing a 36.4% decrease in transactions. New listings also fell, dropping from 78 to 60, a 23.1% decrease, indicating fewer homes coming to market.

Despite the drop in sales activity, average home prices increased by 9.66%, rising from $711,312 in February 2025 to $780,020 in February 2026. This suggests that while buyers may be more selective, property values in the W10 area remain resilient.

Detached homes accounted for the majority of sales with 15 transactions and an average price of $860,162, while condo apartments averaged $448,333 and condo townhomes averaged $629,000. The average number of days on market remained relatively stable, moving from 35 days in 2025 to 34.3 days in February 2026.

Overall, the February numbers indicate a market with lower inventory and fewer sales, but continued strength in pricing, particularly for detached homes in the W10 area.

Maureen Reed – Right at Home Realty
Your local real estate resource

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February 2026 saw continued momentum in the Toronto W9 real estate market

which includes Martin Grove Gardens, Willowridge, Richview Park, Kingsview Village, Richmond Gardens, The Westway, Royal York Gardens, and Humber Heights–Westmount. Sales increased to 23 homes, up from 18 in February 2025, while the average sale price climbed 18.7% to $1,004,240. Inventory also rose slightly with 46 new listings, compared to 43 last year, providing buyers with a few more options. Homes sold significantly faster as well, with average days on market dropping from 44 to 31, indicating strong buyer demand. Detached homes led the market with 12 sales and an average price of $1,372,793, while condo apartments remained the most affordable option at an average of $485,375. Overall, the W9 housing market continues to show price growth and steady activity heading into the spring season.

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February 2026 Real Estate Market Update – Central Etobicoke (W8)

The February 2026 housing market in Central Etobicoke neighbourhoods including Centennial Park, Markland Wood, Eringate, Eatonville, Islington City Centre, Princess-Rosethorn, Edenbridge-Humber Valley, Lambton Mills, and The Kingsway remained relatively steady year-over-year. Sales edged up slightly to 71 transactions, a 1.43% increase compared to February 2025. The average sale price was $1,130,266, representing a modest 1.33% decrease from last year.

Inventory tightened with 211 new listings, down 11.7% year-over-year, while days on market increased to 38 days, suggesting buyers are taking slightly more time to make decisions. Detached homes continued to command the highest values with an average price of $2,299,500, while condo apartments remained the most active segment with 42 sales at an average price of $567,819.

Overall, the February numbers show a balanced market with stable pricing and steady buyer activity across Central Etobicoke communities.

Maureen Reed | Etobicoke Real Estate

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February 2026 Real Estate Market Update – Sunnylea, Stonegate-Queensway, The Queensway & Humber Bay (W7)

The February 2026 housing market in Sunnylea, Stonegate-Queensway, The Queensway and Humber Bay (W7) showed shifting conditions compared to February 2025. Total sales increased slightly from 14 to 16 transactions, representing a 14.3% increase in activity. However, the average sale price declined to $1,087,134, down 35% year-over-year from $1,671,857.

Inventory tightened considerably, with new listings dropping 38.6% from 44 listings in February 2025 to 27 in February 2026. At the same time, homes took longer to sell, with average days on market rising from 14 to 35 days, an increase of 150%, suggesting buyers are taking more time to make decisions.

Detached homes dominated the market with 10 sales and an average price of $1,286,615, while condo apartments recorded 4 sales averaging $729,500. Limited inventory across several property types continues to shape market dynamics in these highly desirable South Etobicoke neighbourhoods.

For buyers and sellers looking to understand the latest real estate trends in Sunnylea, Stonegate-Queensway, The Queensway and Humber Bay, working with a knowledgeable local Realtor can help navigate these changing market conditions.

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February 2026 Real Estate Market Update – South Etobicoke (W6)

The February 2026 real estate market in South Etobicoke — including Alderwood, Humber Bay, Long Branch, Mimico, and New Toronto — showed strong sales activity compared to last year.

Total home sales increased 45.3%, rising from 53 sales in February 2025 to 77 in February 2026. Despite the increase in demand, the average home price remained stable, moving slightly from $914,489 to $915,309, a modest 0.09% increase year-over-year.

New listings declined 13.8%, dropping from 188 to 162 properties, which indicates tightening inventory. At the same time, average days on market increased to 43 days, up from 34 days last year, reflecting a market where buyers are taking a little more time to make decisions.

In February 2026, condo apartments led sales activity with 28 transactions at an average price of $661,911, followed by detached homes with 12 sales averaging $1,358,917. Condo townhomes averaged $776,475, while freehold townhomes averaged $1,141,500.

Overall, the South Etobicoke housing market continues to show strong demand and price stability, making it an important time for both buyers and sellers to stay informed about local trends.

For more information about the Etobicoke real estate market, contact local Realtor Maureen Reed.

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Uptick in GTA Home Sales Expected in Second Half of Year

March 2026

Greater Toronto Area (GTA) resale housing market conditions tightened in February 2026 compared to February 2025. While sales were down year-over-year, new listings declined by a greater annual rate. The dip in new listings is in line with recent polling results from Ipsos which show listing intentions are down for 2026.

“Many would-be homebuyers are waiting for selling prices to level off before moving into the market. If new listings continue to trend lower through the spring, competition between homebuyers will increase, supporting home prices and a recovery in sales,” said TRREB President Daniel Steinfeld.

“There is substantial pent-up demand in the GTA ownership market, with more than 100,000 buyers holding off on making a home purchase. Buyers are waiting for selling prices to level off and for positive news on the trade front. Once we see both, there could be substantial momentum driving home sales in the second half of this year and into 2027,” said TRREB Chief Information Officer Jason Mercer.

GTA REALTORS® reported 3,868 home sales through TRREB’s MLS® System in February 2026 – down by 6.3 per cent compared to February 2025. New listings entered into the MLS® System amounted to 10,705 – down by 17.7 per cent year-over-year.

On a seasonally adjusted basis, February home sales and new listings were down month-over-month compared to January 2026. New listings were down by a greater monthly rate than sales.

The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by 7.9 per cent year-over-year in February 2026. The average selling price, at $1,008,968, was down by 7.1 per cent compared to February 2025.

On a month-over-month seasonally adjusted basis both the MLS® HPI Composite and the average selling price were down compared to January 2026 figures.

“The long-term sustainability of the GTA housing market depends upon the industry’s ability to bridge the gap between condominium apartments and traditional single-family homes. TRREB, with its partners in the Housing Advancement Coalition, is urging the Federal and Provincial Governments to take immediate targeted action to pave the way for increased ‘missing middle’ home construction,” said TRREB Chief Executive Officer John DiMichele.

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