In Mid-Q2 2026, GTA resale activity reached 6.6K sales, ↑6.3% yearly, with seasonally adjusted sales ↑10% MoM, marking stronger current momentum for sellers and buyers.
New supply tightened in Mid-Q2 2026: 17.7K GTA properties entered the market, ↓18.9% yearly and ↓2.1% MoM after adjustment, supporting sharper pricing strategy.
Prices remained softer yearly: the benchmark index ↓6.7%, while avg. selling price was $1.07M, ↓4.6%, though prices edged higher MoM after adjustment.
Lower selling prices and borrowing costs improved affordability, while buyers kept substantial negotiating power during the recent season as inventory trended lower in the GTA.
Local experts expect sales to improve through 2026's second half; if sales outpace listings, prices could level off or grow in 2027.
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