06/24/2026
Ontario MLS® Home Sales Continue Monthly Growth Trend in May Despite Slight Year-Over-Year Decline
Residential sales activity reported through the MLS® Systems of real estate boards in Ontario totalled 61,660 units over the first five months of the year, down slightly by 3.8% compared to the same period in 2025. Despite the year-over-year decline, home sales increased for the fourth consecutive month, signaling continued market momentum. The year-to-date average home price was $822,066, a 3.4% decrease from the first five months of last year, offering buyers improved affordability and more opportunities in a balanced market.