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. For the first half of 2026, GTA sales edged above H1 2025 while new listings fell substantially — the precise market dynamic TRREB forecast at the start of the year. 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.

Explore the February 2026 GTA real estate market update with insights on sales trends, declining new listings, price movements, and pent‑up buyer demand. This report examines how tightening supply and economic conditions are shaping the outlook for Toronto’s housing market in 2026 and beyond.

The Bank of Canada has reduced its target overnight rate to 3.25% in a move to support economic growth amid softer-than-expected indicators. This blog post delves into the reasons behind the rate cut, including global economic trends, domestic GDP performance, and evolving inflation dynamics. Learn about the impact of new policy measures, such as the GST holiday and immigration adjustments, and explore how these factors shape the economic outlook for Canadians. Stay informed about the Bank’s commitment to maintaining price stability and what this means for households, businesses, and investors in the months ahead.

Ontario is planning for the next phase of responding to the coronavirus (COVID‑19) outbreak – reopening our province.

As a first step, we have developed a framework to guide our approach. This framework outlines the method and principles we will use to reopen businesses, services, and public spaces to responsibly lead Ontario’s economy back to a strong position.

The Ontario Jobs and Recovery Committee is a key part of applying this framework. The committee will consult with people and businesses to assess the economic impacts of COVID‑19, learn about their unique needs, and help guide Ontario to our “new normal.”