09/04/2026
The headlines claim the GTA real estate market cooled down in August, but local supply numbers tell a completely different story.
While regional sales slipped 2.1%, new listings dropped by 14.1%.
When new inventory drops faster than buyer activity, available choices vanish. Swipe through the slides above to see how this supply squeeze impacted prices across Peel, Halton, Durham, Toronto, and York Region:
York Region held flat at an average of $1,179,938 (down just 0.4%).
Markham reached $1,208,692—its highest monthly average price this year.
Detached homes across the GTA stabilized month-over-month, showing firm price floors in high-demand pockets.
If you are waiting for a major price crash, remember: shrinking inventory reduces your room to negotiate.
Want the complete breakdown?
Comment "REPORT" below, and I will send you the direct link to our full August Market Watch analysis, including the 2027 outlook and our neighborhood-by-neighborhood valuation guide.
(Tip: Tap the bookmark icon to save these regional tables for quick reference later.)