06/15/2026
MAY 2026 MARKET REPORT🏡📊
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. This should see the price trend flatten and ultimately trend upwards in the months ahead🌆
🏷 Average Home Sale Price:
$1,069,700 • -4.6%
🏡 Average Fully Detached Sale Price:
$1,358,131 • -4.7%
🏘Average Semi-Detached Sale Price:
$1,067,672 • -2.9%
🏢 Average Townhome Sale Price:
$840,608 • -7.1%
🏙 Average Condo Sale Price:
$639,468 • -6.4%
HomeLife Future Realty is ready to assist you with your real estate needs! ⭐