Toronto real estate market update July 2026, GTA home prices, average home price Toronto, homes sold GTA:

• 5,995 homes sold across the GTA in July 2026, essentially flat year-over-year
• New listings in the Greater Toronto Area dropped 17.8% compared to July 2025
• Active listings for homes in Toronto, Durham, Peel, and York fell 12.1% to 26,098
• Average GTA home sale price: $1,003,956 (down 4.5% year-over-year)
• Average days on market for GTA homes: 32 days
• Sale-to-list price ratio: 97%, indicating homes still selling slightly below asking
• Months of inventory at 4.6, market status: balanced
• MLS® Home Price Index benchmark edged up month-over-month, suggesting GTA prices may be stabilizing

Back-to-School Home Tips:

• Create a family command center to organize calendars, meal plans, and school paperwork in one place
• Refresh kids' study spaces with proper lighting and organized school supplies before September
• Declutter closets and backpacks by donating items that no longer fit
• Set up a designated entryway station for backpacks, shoes, and lunch bags to simplify morning routines
• Stock easy breakfast and lunch options to reduce weekday stress for busy GTA families
• Review school routes, emergency contacts, and after-school plans before the first day
• Plan one last summer family outing before schedules get busy

TRREB market forecast 2026, Toronto housing market outlook, will home prices go up Toronto:

• TRREB's Chief Information Officer Jason Mercer notes recent economic growth and jobs data have surprised to the upside
• Consumer confidence in the Toronto housing market could improve heading into fall 2026
• Home purchases in the GTA may increase if prices stabilize through the fall market season
• Bank of Canada rate at 2.3% is contributing to improved affordability conditions