The June 2026 GTA real estate market report tracks 6,770 home sales across the Greater Toronto Area — a 9.4% year-over-year increase and the strongest monthly gain of 2026 — as new listings fell 12.9% to 17,282 and active inventory declined 13.5% to 27,329, marking six consecutive months of supply contraction. The average selling price reached $1,058,658, with the MLS® HPI Composite Benchmark at $940,800, down 5.4% year-over-year — a gap that has narrowed steadily since January. This monthly market analysis breaks down sales activity and average prices by home type — detached, semi-detached, townhouse, and condo apartment — alongside regional performance data for Toronto, York Region, Halton, Peel, and Durham, macroeconomic indicators including the Bank of Canada overnight rate, Toronto employment growth, and fixed mortgage rates, and a second-half 2026 outlook.

The May 2026 GTA real estate market report tracks 6,583 home sales across the Greater Toronto Area — a 6.3% year-over-year increase — as new listings fell sharply by 18.9% to 17,698, tightening supply-demand conditions across Toronto, York Region, Halton, Peel, and Durham. The average selling price reached $1,069,700, with the MLS® HPI Composite Benchmark at $946,500, down 6.7% year-over-year. This monthly market analysis breaks down sales activity and average prices by home type — detached, semi-detached, townhouse, and condo apartment — alongside regional performance data, macroeconomic indicators including the Bank of Canada overnight rate and fixed mortgage rates, and a second-half 2026 outlook. Prepared by The Residences Group at Sotheby's International Realty Canada, this report draws exclusively on TRREB MLS® Market Watch data to give Toronto-area buyers, sellers, and investors the clearest possible read on where the GTA housing market stands — and where it is heading.

The Sotheby’s International Realty® brand’s newly released 2026 Mid-Year Luxury Outlook^® Report provides insights into the trends and developments affecting the global luxury real estate market, which continues to maintain its strength and outperform the general housing market.¹ Still, there are nuances in luxury real estate to explore.

The April 2026 GTA real estate market delivered its strongest year-over-year sales performance in recent memory — 5,946 transactions, up 7% from April 2025 — as new listings declined and inventory continued to contract. The average selling price of $1,051,969 edged higher month-over-month on a seasonally adjusted basis, signalling the market may be approaching the end of its correction cycle. The Residences Group at Sotheby's International Realty breaks down every dimension of the spring market: sales volume, pricing by home type, regional snapshots across the GTA, mortgage rate context, and the supply policy landscape shaping Toronto real estate through 2026 and beyond. Read the full April 2026 Toronto real estate market report here.

The March 2026 Greater Toronto Area real estate market marked a pivotal shift: home sales rose 1.7% year-over-year, while new listings fell sharply by 16.7% — tightening market conditions heading into spring. With the average selling price at $1,017,796 and the MLS® HPI Composite benchmark down 7.4%, buyers continue to hold negotiating power, but the window may be narrowing. Read Residences Toronto's full market analysis, including regional breakdowns, pricing trends by home type, and the outlook for the remainder of 2026.

Discover the January 2026 Toronto real estate market update with data‑driven insights, regional sales breakdowns, and a forward‑looking outlook for buyers, sellers, and investors across the GTA. This comprehensive report analyzes pricing trends, supply conditions, and economic indicators shaping Toronto’s housing market in 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).

Discover the latest insights into the Greater Toronto Area real estate market with our December 2025 report. Explore key trends in Toronto, Durham, York Region, and Peel, including price movements, sales activity, and inventory shifts. Learn how improved affordability, easing mortgage rates, and condo market resilience are shaping opportunities for buyers and investors as the GTA prepares for a strategic recovery in 2026.

Home sales in the Greater Toronto Area (GTA) were down year-overyear 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.

TORONTO, ONTARIO, August 6, 2025 – The Greater Toronto Area (GTA) experienced the best home sales result for the month of July since 2021. Sales were also up relative to listings, suggesting a modest tightening in the market compared to last year. “Improved affordability, brought about by lower home prices and borrowing costs, is starting to translate into increased home sales. More relief is required, particularly where borrowing costs are concerned, but it’s clear that a growing number of households are finding affordable options for homeownership,” said Toronto Regional Real Estate Board (TRREB) President Elechia Barry-Sproule.

The Greater Toronto Area (GTA) housing market experienced an improvement in affordability in June 2025 relative to the same period a year earlier. With sales down and listings up, homebuyers took advantage of increased inventory and negotiating power.

“Looking at the GTA as a whole, homebuyers have certainly benefited from greater choice and improved affordability this year. However, each neighbourhood and market segment have their own nuances. Buyers considering a home purchase should connect with a REALTOR® who is knowledgeable about their preferred area and property type. In today’s market, working with a REALTOR® who brings expertise, the right tools, and a strong network is essential,” said Toronto Regional Real Estate Board President Elechia Barry-Sproule.

TORONTO, ONTARIO, June 4, 2025 – The Greater Toronto Area (GTA) housing market experienced an improvement in affordability in May 2025 relative to the same period a year earlier. With sales down and listings up, homebuyers took advantage of increased inventory and negotiating power. GTA REALTORS® reported 6,244 home sales through TRREB’s MLS® System in May 2025

On May 27, 2025, the Government of Canada announced a new federal GST rebate designed to ease the path to homeownership for first-time buyers. With housing affordability top of mind for many Canadians, this rebate could offer meaningful financial relief, particularly for those purchasing newly constructed homes.

April 2025 home sales in the Greater Toronto Area (GTA) followed the regular seasonal trend with an increase relative to March. However, total residential transactions were down compared to the same time last year, as potential buyers continue to wait for lower borrowing costs and certainty about the economy's trajectory. GTA REALTORS® reported 5,601 home sales through TRREB’s MLS® System in April 2025, marking a 23.3% decrease compared to April 2024. New listings amounted to 18,836, up by 8.1% year-over-year. The MLS® Home Price Index Composite benchmark was down by 5.4% year-over-year, with the average selling price at $1,107,463, down by 4.1% compared to April 2024. Elevated inventory levels provided substantial choice for households, resulting in lower average prices across market segment

Explore the latest insights on the Greater Toronto Area housing market in March 2025, where affordability has improved but home sales have dropped sharply. This in-depth market report analyzes price trends, buyer behavior, interest rate expectations, and inventory growth, with expert commentary from TRREB. Learn how economic uncertainty, the upcoming federal election, and potential Bank of Canada rate cuts are shaping the GTA real estate landscape—and what it means for buyers, sellers, and investors.

Toronto’s real estate market is facing a sharp decline in sales, rising inventory, and shifting buyer sentiment. In this in-depth analysis, we break down the latest TRREB data, exploring the impact of high interest rates, affordability challenges, and economic uncertainty on home prices and demand. With a potential Bank of Canada rate cut on the horizon, could the market be poised for a rebound? Stay ahead with expert insights on GTA housing trends, investment opportunities, and future market outlook.

TORONTO, ONTARIO, FEBRUARY 5, 2025 – The Toronto Regional Real Estate Board’s (TRREB) Market Outlook and Year in Review report reveals that a well-supplied housing market will keep average annual home price growth at the rate inflation, with the average selling price increasing moderately in the Greater Toronto Area (GTA) over the course of the year.

Explore the 2024 Greater Toronto Area housing market trends in our latest report. Learn about the slight rise in home sales, significant increase in new listings, and how high borrowing costs shaped buyer behavior. Discover how Bank of Canada rate cuts impacted affordability and what lies ahead for 2025, including price trends in detached homes and condominiums. Stay informed on GTA real estate market insights and expert forecasts.

Discover the latest insights on the Greater Toronto Area (GTA) housing market in our November 2024 Market Watch report. Learn about the significant surge in home sales, price trends, and market conditions. Get expert analysis from TRREB leadership and stay informed about the proposed rate cut for December, including the odds of a 25 bps or 50 bps cut. Stay ahead of the market trends and prepare for a promising 2025 with our comprehensive report.

Discover everything you need to know about Toronto’s Vacant Home Tax, including the 2025 declaration deadline and essential filing details to avoid penalties. This comprehensive guide explains who must declare, how to file, and the increased 3% tax rate for vacant properties, empowering homeowners to stay compliant and contribute to housing availability. Learn about key deadlines, exemptions, and resources to simplify the process. Stay informed and ensure your property is properly declared. Read now to protect your investment and stay ahead in Toronto’s real estate market.

The October 2024 Greater Toronto Area (GTA) real estate market showed strong year-over-year growth, driven by a surge in home sales and increased buyer activity due to the Bank of Canada’s interest rate cuts. With GTA REALTORS® reporting a 44.4% rise in sales compared to October 2023 and a slight uptick in average home prices, market conditions have tightened, creating a more competitive landscape. New listings increased modestly, providing choices for buyers but keeping price growth moderate. Explore how improved affordability, economic trends, and policy measures are shaping the GTA housing and condominium markets.

Canada’s housing market continues to balance the effects of population growth and declining mortgage rates against a slowing economy, rising geopolitical tensions, and wavering consumer confidence, resulting in a luxury market that remains steady, but reflected limited growth in the third quarter of 2024.

Greater Toronto Area (GTA) home sales surged in September 2024, marking an 8.5% increase from the previous year as buyers capitalized on favorable market conditions. The Toronto Regional Real Estate Board (TRREB) reports changes in mortgage lending guidelines and lower borrowing costs have sparked renewed interest in homeownership, especially among first-time buyers. With new listings up 10.5%, buyers now have more negotiating power, resulting in moderate price adjustments. Discover key insights into the GTA’s evolving real estate market, including economic indicators, interest rates, and market recovery trends.

The Toronto Regional Real Estate Board (TRREB) welcomes the changes to mortgage rules announced by Deputy Prime Minister and Minister of Finance Chrystia Freeland.

TORONTO, ONTARIO, September 5, 2024 – Greater Toronto Area (GTA) home sales were down on a year-over-year basis in August 2024. New listings were up slightly over the same period.

As you approach a stage where your home feels too spacious with fewer family members around, downsizing could be the ideal solution.

July 4, 2024 – June 2024 home sales in the Greater Toronto Area (GTA) were lower compared to the same month last year, according to the Toronto Regional Real Estate Board (TRREB).

More than two million people call Toronto home, making it Canada’s largest city and one of North America’s biggest in terms of population. But what makes it one of the world’s most liveable cities? In fact, it placed fourth in both 2010 and 2015 in the Economist Intelligence Unit’s annual liveable cities list.