May Market Update - 2026


May 2026 GTA Real Estate Market Update

  • GTA home sales increased 7% year-over-year in April 2026.
  • New listings dropped 9.3%, creating tighter inventory in some neighbourhoods.
  • Average GTA home price was $1,051,969, down 4.9% year-over-year.
  • Sales activity increased month-over-month as the spring market gained momentum.
  • Average days on market: 29.
  • Sale-to-list price ratio remained strong at 98%.

Spring Home Maintenance Tips

  • Inspect decks, fences, patios, and walkways for winter damage.
  • Refresh gardens with compost, mulch, and seasonal flowers.
  • Fertilize and overseed lawns for healthy spring growth.
  • Prune spring shrubs after blooming.
  • Plant vegetables and freshen up curb appeal with planters and landscaping.

GTA Real Estate Outlook

  • Buyer confidence is improving across the GTA market.
  • Limited inventory may increase competition in certain areas.
  • Experts expect stronger market momentum through the second half of 2026.

Lavji Real Estate Group

  • Trusted real estate guidance across Oshawa, Durham Region, and the GTA.
  • Helping buyers, sellers, and investors navigate today’s market with confidence.
May 12, 2026