09/22/2026
If you've been waiting to buy, this market is worth paying attention to.
Here are a few numbers from Ontario's August 2026 housing market
$745,400 is current Ontario benchmark home price
DOWN
↓ 3.6% compared with a year ago
And for buyers looking at more affordable property types
$585,000 is benchmark price for townhouses
DOWN 5.6% from last year.
$489,200 is benchmark price for apartments
DOWN 6.4% from last year.
But here's the part I think buyers should really pay attention to
There were 70,483 homes actively listed for sale in Ontario at the end of August.
That's 41.5% above the 10 year average.
In simple terms, more choice, more time to compare and potentially more room to negotiate.
The Bank of Canada's policy rate is currently 2.25% , a very different environment from the high-rate period we experienced a few years ago.
Does that mean everyone should buy right now?
No.
But if you've been waiting for a market where you don't have to compete desperately for every property, this is a market worth exploring.
You don't need to predict the bottom.
You need to find the right property at the right price for your situation.
If you've been thinking about buying, let's look at the numbers together.
You don't have to buy tomorrow. You just need to know your options.
Lets chat or zoom !
Call now to connect with business.