06/05/2026
MAY MARKET STATS ARE OUT! 📊
The Greater Toronto Area housing market continued to tighten in May, with sales increasing compared to last year while new listings declined. Improved affordability and lower borrowing costs helped bring more buyers into the market, creating stronger spring activity across the GTA.
Here’s a little breakdown:
• Home sales were up 6.3% compared to May 2025.
• New listings were down 18.9% year-over-year.
• The average selling price was $1,069,700, down 4.6% from last year.
📲 Feel free to get in touch if you have any questions!
For more information, visit https://trreb.ca/tag/news-releases/ 🔗
The Greater Toronto Area (GTA) resale housing market tightened in May 2026 compared to last year. Sales increased year-over-year, whereas new listings declined over the same period. As standing inventory has been absorbed, competition between buyers has likely increased in some neighbourhoods...