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.

The January 2026 real estate market in Etobicoke North (W10) — including Clairville, Humberwood, Smithfield, Thistletown, Rexdale–Kipling, West Humber and The Elms — showed notable changes compared to January 2025.

Here’s what the numbers reveal for buyers and sellers.

📊 Sales Activity

• January 2025 Sales: 26

• January 2026 Sales: 20

• Decrease: 30%

Sales activity slowed year-over-year, reflecting a more cautious market start in W10.

💰 Average Home Prices

• January 2025 Average Price: $760,808

• January 2026 Average Price: $766,550

• Increase: 0.76%

Prices remained very stable, with only a slight year-over-year increase. This suggests steady demand despite fewer overall transactions.

🏡 New Listings

• January 2025 New Listings: 81

• January 2026 New Listings: 70

• Decrease: 13.6%

Fewer homes came to market compared to last year, which may help support pricing in the months ahead.

⏳ Days on Market

• January 2025: 30 days

• January 2026: 44 days

• Increase: 46.7%

Homes are taking significantly longer to sell compared to last year. Proper pricing and strong marketing are especially important in this segment.

Sales & Average Price by Home Type – January 2026

Detached Homes

• 12 Sales

• Average Price: $932,167

Detached homes led the market in both sales and pricing, offering strong value compared to other Etobicoke districts.

Semi-Detached Homes

• 2 Sales

• Average Price: $775,000

Condo Apartments

• 6 Sales

• Average Price: $432,500

Condo apartments continue to provide one of the most affordable entry points into the Toronto market.

No condo townhomes or freehold townhomes were recorded during this period.

What This Means for W10 Buyers & Sellers

For Sellers:
With longer days on market, competitive pricing from the start is critical. Presentation and exposure matter more in a slower market.

For Buyers:
Stable pricing combined with increased days on market may present negotiation opportunities — particularly in detached homes.

Etobicoke North (W10) remains attractive for buyers looking for larger properties, access to highways 401/427/409, and strong value compared to central Toronto.

Maureen Reed
Sales Representative
Right at Home Realty
Direct: 416-895-4883

The January 2026 real estate market in Etobicoke West (W9) — including Martin Grove Gardens, Willowridge, Richview Park, Kingsview Village, Richmond Gardens, The Westway, Royal York Gardens, and Humber Heights–Westmount — showed a shift in activity compared to January 2025.

Here’s what buyers and sellers should know.

📊 Sales Activity Slowed

• January 2025 Sales: 23

• January 2026 Sales: 17

• Decrease: 26.1%

Sales volume declined year-over-year, reflecting a slower start to 2026 in this pocket of Etobicoke.

💰 Average Prices Adjusted Slightly

• January 2025 Average Price: $1,025,602

• January 2026 Average Price: $987,523

• Decrease: 3.72%

Average prices softened modestly. This suggests a more balanced market, particularly in the detached home segment which dominates this area.

🏡 New Listings Increased

• January 2025 New Listings: 41

• January 2026 New Listings: 43

• Increase: 4.88%

Inventory edged up slightly, giving buyers a few more options compared to last year.

⏳ Days on Market

• January 2025: 42 days

• January 2026: 47 days

• Increase: 11.9%

Homes are taking longer to sell, reinforcing the importance of strategic pricing and strong marketing.

Sales & Average Price by Home Type – January 2026

Detached Homes

• 10 Sales

• Average Price: $1,263,189

Detached homes remain the backbone of the W9 market, particularly in Richmond Gardens and Humber Heights.

Condo Apartments

• 6 Sales

• Average Price: $523,668

Condo apartments continue to offer more affordable entry points into this west Etobicoke community.

Condo Townhomes

• 1 Sale

• Average Price: $718,000

No semi-detached or freehold townhome sales were recorded during the month.

What This Means for W9 Buyers & Sellers

For Sellers:
With fewer sales and longer days on market, pricing accurately from the start is critical. Overpricing may result in extended market time.

For Buyers:
Increased inventory and slightly softened pricing may create opportunities for negotiation, particularly in detached properties.

Etobicoke West (W9) remains attractive for buyers seeking larger lots, family-friendly neighbourhoods, and strong community amenities.

Maureen Reed
Sales Representative
Right at Home Realty
Direct: 416-895-4883

The January 2026 real estate market in Etobicoke West (W8) — including Centennial Park, Markland Wood, Eringate, Eatonville, Islington City Centre, Etobicoke City Centre, West Deane Park, Princess Rosethorn, Edenbridge-Humber Valley, Lambton Mills, and The Kingsway — showed notable shifts compared to January 2025.

Here’s what buyers and sellers need to know.

📊 Sales Activity Slowed Year-Over-Year

• January 2025 Sales: 74

• January 2026 Sales: 50

• Decrease: 32.4%

Sales volume was down year-over-year, indicating a more cautious start to 2026. This reduction in activity may reflect buyer hesitation, affordability pressures, or changing mortgage conditions.

💰 Average Prices Increased

• January 2025 Average Price: $956,750

• January 2026 Average Price: $1,075,470

• Increase: 12.41%

Despite fewer sales, average prices rose significantly. This suggests strong demand for quality homes, particularly in higher-end segments of the market.

🏡 New Listings Down

• January 2025 New Listings: 241

• January 2026 New Listings: 204

• Decrease: 15.35%

Inventory tightened compared to last year, which can help support pricing, especially in desirable neighbourhoods like The Kingsway, Edenbridge-Humber Valley, and Princess Rosethorn.

⏳ Days on Market Increased

• January 2025: 38 days

• January 2026: 48 days

• Increase: 26.32%

Homes are taking longer to sell compared to last year. This suggests buyers are being more selective and strategic in their decision-making.

Sales & Average Price by Home Type – January 2026

Detached Homes

• 18 Sales

• Average Price: $1,910,889

Detached homes remain the strongest price category, especially in premium pockets like The Kingsway and Edenbridge.

Semi-Detached Homes

• 2 Sales

• Average Price: $1,109,500

Limited inventory contributed to higher pricing in this segment.

Condo Apartments

• 26 Sales

• Average Price: $539,712

Condo apartments represented the highest number of transactions, offering more affordable entry points into the Etobicoke market.

Condo Townhomes

• 3 Sales

• Average Price: $650,000

Freehold Townhomes

• 1 Sale

• Average Price: $1,176,000

What This Means for Buyers and Sellers in Etobicoke

For Sellers:
Pricing strategy is critical. While average prices are up, homes are taking longer to sell. Proper staging, professional marketing, and strong negotiation matter more than ever.

For Buyers:
With fewer competing buyers and longer days on market, there may be opportunities to negotiate — particularly in condo and townhome segments.

If you’re considering buying or selling in Etobicoke West (W8) or surrounding neighbourhoods, understanding hyper-local trends makes all the difference.

Maureen Reed
Sales Representative
Direct: 416-895-4883
Right at Home Realty

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Sales activity increased to 13 transactions, up from 10 in January 2025 — a 30% rise year over year. Home values also climbed significantly, with the average sale price reaching $1,361,000, representing a 36.64% increase. Meanwhile, new listings declined modestly to 31 properties compared to 35 last January (–11.43%), suggesting slightly tighter supply. Properties sold more quickly, as average days on market dropped sharply from 44 to 22 (–50%). By home type, detached homes dominated the market with 9 sales at an average price of $1,661,944. Condo apartments recorded 3 sales averaging $510,166, while freehold townhomes saw 1 sale at $1,250,000. Overall, the data points to a faster-paced, higher-priced market with improving demand and reduced inventory pressure.

Sales activity softened compared to last year, with 53 transactions versus 62 in January 2025, a 14.52% decrease. Despite fewer sales, prices remained resilient: the average sale price rose to $868,968, up 1.47% year over year. New listings also edged down, totaling 176 compared to 191 last January (–7.33%), while homes took slightly longer to sell, with average days on market increasing from 42 to 44 (+4.76%). By property type, detached homes led in value with an average price of $1,358,917 (12 sales), followed by freehold townhomes at $1,141,500 (2 sales), semi-detached at $906,667 (3 sales), condo townhomes at $776,475 (8 sales), and condo apartments at $661,911 (28 sales). Overall, the data suggests a market balancing lower volume with steady pricing, offering opportunities for both buyers and sellers.

GTA Home Sales and Prices Expected to Remain Stable in 2026 Amid Ongoing Affordability Pressures

02/04/2026

TRREB Releases Highly-Anticipated 2026 Market Outlook and Year in Review Report

The Toronto Regional Real Estate Board’s (TRREB) 2026 Market Outlook and Year in Review report highlights a housing market shaped by improved buyer choice and affordability, alongside cautious consumer sentiment across the Greater Toronto Area (GTA).

The report finds that elevated supply levels are expected to keep price growth in check through 2026, while overall home sales activity is forecast to remain within a similar range compared to the last three years, with the potential for improvement later in the year if the economy remains resilient and consumer confidence strengthens.

This year’s sought-after report and interactive digital digest include new Ipsos consumer polling results, insights into homebuying intentions, and TRREB’s outlook on home sales and average prices, alongside research examining housing supply, migration, and affordability pressures across the region.

The 2026 Outlook
For 2026, TRREB forecasts:

• GTA home sales will range between 60,000 and 70,000 transactions. Market activity in the first half of the year is expected to resemble 2025 levels, as many households remain cautious about committing to long-term mortgage payments. If economic prospects and consumer confidence improve in the second half of the year, pent-up demand from the past several years could begin to be satisfied.

• The GTA average price forecast range for 2026 is between $1 million and $1.03 million. Elevated inventory levels across most market segments are expected to continue providing buyers with substantial negotiating power, particularly in the condominium apartment market. Average selling prices will likely be lower year-over-year in the first half of 2026 before stabilizing in the second half, if buyers start moving off the sidelines and market conditions tighten.

The Ipsos Home Buyers Survey found that GTA homebuying intentions for 2026 declined by five percentage points compared to 2025, to 22 per cent, despite improved affordability. This highlights challenges with consumer confidence vis-à-vis current economic uncertainty.

Despite softer overall buying intentions, first-time buyers could be a key driver of recovery in the months ahead. Ipsos polling shows that 45 per cent of intending homebuyers in 2026 will be first-time buyers, underscoring the importance of attainable ownership options.

Ipsos research also points to sustained rental demand across the GTA in 2026, supported in part by continued immigration, with many newcomer households renting before transitioning into homeownership.

Despite improved affordability in the homeownership market, Ipsos found that renter households face a gap of nearly $600 per month between affordable mortgage payments and the mortgage payments required to purchase the type of home they want. This affordability gap may result in many households remaining in the rental market longer than anticipated.

” The housing market reflects the tension many households are feeling as we look ahead to 2026. Affordability has improved, but uncertainty continues to weigh on long term decisions like homeownership. Greater economic clarity in the months ahead could restore confidence and help unlock demand that has been building for several years,” said TRREB President Daniel Steinfeld.

“With the cost of borrowing flattening out, affordability gains in 2026 will largely be seen on the pricing front, as buyers continue to benefit from negotiating power. A boost in consumer confidence could see buyers move off the sidelines later this year, which could provide support for home prices as market conditions tighten up,” said TRREB Chief Information Officer Jason Mercer.

The report also includes new research examining the impacts of population growth and migration, traffic congestion, and policy challenges affecting housing delivery across the region, along with recommendations aimed at addressing planning delays, development costs, and barriers within Ontario’s housing and infrastructure systems.

“At TRREB, we focus on actions that can make the greatest impact,” said TRREB CEO John DiMichele. “That means pursuing innovative, future-facing solutions, including planning systems that approve building housing more efficiently, a tax environment that supports affordability, and a long-term commitment to purpose-built rental construction. These elements help create a balanced and predictable housing market, and this increases consumer confidence.”

The 2026 Market Outlook and Year in Review Report covers all aspects of the GTA real estate market, including trends for new homes and condominiums, as well as a review of the commercial real estate market.

For more insights, head to the digital digest and download the full report.

TRREB is also releasing January 2026 statistics and its latest monthly Market Watch publication.

There were 3,082 home sales reported in January 2026 – down by 19.3 per cent compared to January 2025. New listings entered into the MLS® System amounted to 10,774 – down by 13.3 per cent year-over-year.

The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by eight per cent year-over-year in January 2026. The average selling price, at $973,289, was down by 6.5 per cent compared to January 2025.

On a seasonally adjusted basis, January 2026 home sales were down month-over-month compared to December 2025, while new listings were up slightly. Both the MLS® HPI composite and average price trended lower compared to December.

GTA REALTORS ® Release December Stats TORONTO, ONTARIO, January 7, 2026 - Annual Greater Toronto Area (GTA) home sales declined in 2025 compared to 2024, as economic uncertainty weighed on consumer confidence. Over the same period, listing inventory remained elevated, allowing for selling prices to be negotiated downward, helping improve affordability. 

“The GTA housing market became more affordable in 2025 as selling prices and mortgage rates trended lower. Improved affordability has set the market up for recovery. Once households are convinced that the economy and labour market are on a solid footing, sales will increase as pent-up demand is satisfied,” said Toronto Regional Real Estate Board (TRREB) President Daniel Steinfeld. 

For calendar year 2025, GTA REALTORS® reported 62,433 home sales through TRREB’s MLS® System – down by 11.2 per cent compared to 2024. New listings amounted to 186,753 – up by 10.1 per cent year-over-year. The annual average selling price in 2025 was $1,067,968 – down by 4.7 per cent compared to $1,120,241 in 2024. 

There were 3,697 home sales reported in December 2025 – down by 8.9 per cent compared to December 2024. New listings entered into the MLS® System amounted to 5,299 – up by 1.8 per cent year-over-year. 

The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by 6.3 per cent year-over-year in December 2025. The average selling price, at $1,006,735, was down by 5.1 per cent compared to December 2024. 

On a seasonally adjusted basis, December home sales were down slightly month-over-month compared to November 2025, while new listings were up. The MLS® HPI composite trended slightly lower compared to November while the average selling price edged higher. 

“Reaffirmed trade relationships and large-scale domestic economic development projects will be key for improved home sales moving forward. GTA households must be confident in their employment situation before committing to long-term monthly mortgage payments, even in this more affordable market,” said TRREB Chief Information Officer Jason Mercer. 

“We urge governments at all levels to take action now to provide tax relief for consumers and help ease the rising cost of living. Families and individuals need financial breathing room so they can afford a home or apartment and meet their basic needs. Fair and responsible tax policies can put more money back into people’s pockets, restore consumer confidence, and rebuild trust in the economy. These actions are essential to support stable households and create an economy that works for everyone,” said TRREB CEO John DiMichele.

11/04/2025

Home sales in the Greater Toronto Area (GTA) were down year-over-year in October, while new listings were up. Market conditions continued to favour homebuyers, as average selling prices were negotiated down alongside lower mortgage rates.

“Buyers who are confident in their employment situation and ability to make their mortgage payments over the long term are benefitting from affordable housing market conditions relative to the past few years. However, many intending homebuyers remain on the sidelines due to uncertainty about their economic future,” said TRREB President Elechia Barry-Sproule.

GTA REALTORS® reported 6,138 home sales through TRREB’s MLS® System in October 2025 – down by 9.5 per cent compared to October 2024. New listings entered into the MLS® System amounted to 16,069 – up by 2.7 per cent year-over-year.

On a seasonally adjusted basis, October home sales were down month-over-month compared to September 2025. New listings were also down compared to September.

The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by five per cent year-over-year in October 2025. The average selling price, at $1,054,372, was also down by 7.2 per cent compared to October 2024.

On a month-over-month seasonally adjusted basis, the MLS® HPI Composite was essentially flat compared to September. The average selling price was down compared to September.

“The monthly mortgage payment for an average-priced GTA home continued to trend lower in October, benefitting from both lower borrowing costs, and lower selling prices. This means more buyers can now afford to purchase a home that meets their housing needs. Once we have more certainty on the economic front, including trade with the U.S. and China, home sales should increase,” said TRREB Chief Information Officer Jason Mercer.

“Housing is essential economic infrastructure. As the population continues to grow, innovation and private capital are required to accelerate new construction across all housing types. Governments can help by modernizing tax rules, cutting buyer costs, and ending exclusionary zoning. Working together, we can rebuild confidence, create jobs, and deliver the homes Ontarians need. We have to act now,” said TRREB CEO John DiMichele.