Toronto & GTA Real Estate Market Update – October 2026

• 5,040 homes sold across the Greater Toronto Area (GTA) in September 2026, representing approximately a 9% decline compared with September 2025.
• The GTA saw approximately 16,500 new real estate listings, down 14.4% year-over-year, indicating fewer homeowners are bringing properties to market.
• The average GTA home selling price was $1,006,409, approximately 5.1% lower than September 2025.
• The MLS® Home Price Index benchmark declined approximately 4.7% year-over-year, creating improved affordability for some Toronto and GTA home buyers.
• Homes took an average of 34 days to sell, compared with approximately 33 days during the same period last year.
• The average sale-to-list price ratio was 98%, meaning GTA home sellers are generally achieving close to their asking prices.
• Current conditions indicate a balanced GTA real estate market, giving buyers more negotiating opportunities while inventory remains relatively controlled.
• Lower home prices may provide opportunities for first-time home buyers, move-up buyers and real estate investors who have been waiting for improved affordability.
• Buyers remain cautious despite improving affordability, making proper pricing and marketing increasingly important for GTA home sellers.

Fall Home Maintenance Tips for Ontario Homeowners

• Clean your gutters before winter to remove leaves and debris and help prevent water buildup, leaks and ice damage.
• Inspect your roof for damaged, missing or loose shingles and check flashing around vents and other roof penetrations.
• Check windows and exterior doors for drafts and replace damaged weatherstripping to improve energy efficiency.
• Prepare your furnace for winter by replacing the filter and considering professional furnace maintenance before colder weather arrives.
• Inspect exterior vents, including furnace and dryer vents, and clear away leaves, nests and debris.
• Prepare your yard for winter weather by trimming branches that could become hazardous under heavy snow or ice.
• Winterize exterior plumbing by disconnecting garden hoses and shutting off exterior water supplies where possible.
• Make sure snow shovels, ice melt, snow brushes and other winter supplies are easily accessible before the first snowfall.

GTA Housing Market Outlook & Municipal Housing Policy

• Housing affordability continues to be a major concern for GTA residents and home buyers.
• Municipal governments play an important role in decisions affecting housing supply, development, affordability and the cost of homeownership.
• Upcoming municipal decisions could influence Toronto, GTA and Simcoe County housing policy over the next several years.
• Increased housing supply and improved affordability could help strengthen buyer confidence in the Greater Toronto Area real estate market.

What This Means for GTA Home Buyers and Sellers

• Buyers: Softer prices and increased negotiating opportunities may make this a good time to explore available homes.
• Sellers: With buyers remaining selective, accurate pricing, strong presentation and strategic real estate marketing are especially important.
• Investors: Changing prices and market conditions may create opportunities to evaluate Toronto and GTA real estate investment properties.
• Homeowners: Understanding current neighbourhood values can help with decisions involving selling, refinancing, renovations or future real estate plans.
• Whether you're considering buying a home, selling a property, investing in real estate or simply wondering what your home is worth, Lavji Real Estate Group can provide local market insight and professional guidance.

September 2026 GTA & Durham Region Real Estate Market Update

• GTA home sales reached 5,057 in August 2026, a 2.1% decrease compared with August 2025. 
• New GTA real estate listings fell 14.1% year-over-year, with 12,075 properties coming to market in August. 
• Active listings totalled 24,482, compared with 27,594 one year earlier, showing that available housing inventory has tightened. 
• The average GTA home selling price was $993,410, down 2.7% year-over-year. 
• The MLS® Home Price Index benchmark declined 4.5% year-over-year, although prices were essentially unchanged from July. 
• Average GTA selling prices increased slightly month-over-month, suggesting recent price declines may be beginning to stabilize. 
• Detached, semi-detached, townhouse and condominium prices continue to show year-over-year softness, while the month-to-month market is showing greater stability. 
• Average days on market were 35 days, giving buyers more time to evaluate properties than during highly competitive market cycles. 
• The sales-to-new-listings ratio was 42%, while months of inventory stood at approximately 4.6 months, consistent with more balanced market conditions. 
• For GTA and Durham Region home buyers: declining new listings could reduce choice if inventory continues to tighten. Buyers should watch both pricing and inventory rather than relying only on year-over-year price headlines. 
• For GTA and Durham Region home sellers: fewer competing listings may improve positioning, but buyers remain price-conscious. Preparation, condition and accurate pricing remain important. 
• For real estate investors: a more balanced market can create opportunities to evaluate properties based on long-term value, income potential and financing rather than competing solely on speed. 

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

Toronto & GTA Real Estate Market Update

• June 2026 GTA Real Estate Market Highlights
• GTA home sales increased 9.4% compared to June 2025.
• Toronto real estate listings decreased 12.9% year-over-year.
• The average GTA home price is $1,058,658.
• The Toronto housing market is becoming more competitive as inventory tightens.
• Buyers are returning to the Greater Toronto Area real estate market with increased confidence.
• Well-priced homes continue to attract strong interest from motivated buyers.
• Home prices have increased slightly for the second consecutive month, suggesting the Ontario real estate market is stabilizing.

Summer Activities Around Toronto

• Berry Picking Near Toronto
• Free Outdoor Concerts in the GTA
• Best Hiking Trails Near Toronto
• Rattlesnake Point Conservation Area
• Explore Ontario Cottage Country

Expert Market Insight

• Home sales strengthened significantly during the second quarter of 2026.
• TRREB expects more buyer activity during the second half of the year.
• Increased competition could lead to renewed home price growth throughout the GTA real estate market.

Market Update (May 2026 GTA / TRREB)

• New listings were down 18.9% compared to May 2025.
• Home sales increased 6.3% year-over-year.
• Sales were up 10% month-over-month compared to April 2026.
• New listings decreased 2.1% month-over-month.
• Market conditions are tightening as inventory is being absorbed.
• Competition between buyers has increased in some neighbourhoods.
• Average sale price: $1,069,700
• Average days on market: 27
• Average sale-to-list price ratio: 98%
• Months of inventory: 4.8
• Overall market status remains a buyer’s market.

Backyard Season Tips

• Create a defined outdoor seating area.
• Add layered lighting (string lights, solar lights, lanterns).
• Use plants at varying heights for visual interest.
• Refresh decks, patios, and walkways with a good cleaning.
• Add a focal point such as a fire bowl, water feature, or planter.
• Increase privacy with planters, lattice, or hedges.
• Keep the space clutter-free and functional.

Expert Commentary (TRREB)

• Spring sales have improved compared to last year.
• Lower home prices and borrowing costs have improved affordability.
• Sales are expected to continue improving through the second half of 2026.
• Further market recovery would benefit from positive trade developments and reduced geopolitical uncertainty.