August 2026 brought a notable shift in the GTA real estate landscape: the average home price dipped below $1 million for just the second time this year. Sales were down 2.1%, and prices slipped by 2.7%. Breaking it down by property type—detached homes averaged $1.29M, semis $932K, townhouses $787K, and condos $618K. Meanwhile, new listings saw a significant 14.1% decrease.
For buyers, sellers, and investors across Toronto and the GTA, understanding these market movements is key to making informed decisions. As a CPA and real estate broker, I focus on helping clients navigate stats like these with clarity and a strategic approach—whether you’re considering your first home, managing an investment, or planning your next move. Financial intelligence and client-first guidance are at the heart of every step I take, ensuring your real estate journey is as smart and stress-free as possible.
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Get in TouchBusiness Contact Details
- Address: 305 Milner Ave Unit # 312, Toronto, ON M1B 3V4, Canada. Get Direction - Google Map
- Contact Name: Sivage Sivagumaran
- Phone: +1 416-553-8902
- Email: sivagehomes@sivage.ca
Visit our website at SivageRealty.ca for the latest property listings and personalized services. Let us help you turn your real estate goals into reality. Your dream property is just a call away!
Disclaimer:
The content provided in this blog is for informational purposes only. We recommend consulting with a qualified professional before making any decisions based on the information provided. If you have any questions or concerns, please don't hesitate to reach out to us. Our contact information is available on the Contact page.
