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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
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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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This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.