08/06/2026
JULY MARKET STATS ARE OUT! 📊
The Greater Toronto Area housing market became more competitive in July as new listings declined more sharply than sales. With buyers competing for a larger share of available homes, market conditions continued to tighten, which could help support greater price stability in the months ahead.
Here's a little breakdown:
• Home sales were 0.9% lower than a year ago.
• There were 17.8% fewer homes listed than last July.
• The average price for all home types was $1,003,956.
💬 Feel free to get in touch if you have any questions!
Greater Toronto Area (GTA) resale housing market conditions tightened in July 2026 compared the same month a year earlier. Home sales edged slightly lower over that period, while new listings were down substantially. This suggests that active homebuyers faced more competition from other potential pu...