08/06/2026
📊 GTA Market Update | July 2026
The Greater Toronto Area housing market continued to tighten in July, with fewer new listings and steady buyer demand creating increased competition across many market segments.
Here’s what happened:
🏡 5,995 homes sold (-0.9% year-over-year)
📉 New listings fell 17.8% to 14,484
💰 Average home price: $1,003,956 (-4.5% year-over-year)
📈 Month-over-month, sales increased while new listings declined, signalling a tightening market.
Many buyers are still waiting for greater certainty around interest rates, inflation, and the economy. However, improving economic indicators and a more balanced market could encourage more buyers to make their move this fall.
Whether you’re thinking about buying, selling, or simply want to understand what these numbers mean for your home, we’re here to help with expert local advice and a personalized market review.
📞 Contact Keystone Realty Advisors today to discuss your real estate goals.