08/07/2026
🏡 GTA REAL ESTATE MARKET WATCH | JULY 2026
The market is tightening — but prices are still under pressure. 📊
According to the latest TRREB Market Watch, July brought some important changes across the GTA:
📈 5,995 home sales
↘️ 0.9% vs. July 2025
💰 $1,003,956
Average selling price
↘️ 4.5% year-over-year
🏠 New listings decreased 17.8% year-over-year
📉 Active listings decreased 12.1% year-over-year
⏱️ Homes are still taking time to sell, giving buyers room to negotiate — but declining inventory means the market is becoming more competitive for well-priced, desirable properties.
🔑 WHAT THIS MEANS FOR YOU
BUYERS:
More negotiating power and prices below last year's levels create opportunities — but don't assume every property will sell below asking. Quality, location and pricing matter.
SELLERS:
The market is more selective. Accurate pricing and a strong marketing strategy are critical. Overpricing can mean longer days on market and price reductions.
INVESTORS:
With prices more accessible than recent years and market conditions beginning to tighten, this could be an important period to evaluate long-term opportunities.
Call us to know what your home is actually worth in today's market.
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YASH TILVA,
REALTOR®
HOMELIFE/MIRACLE REALTY LTD., BROKERAGE
📱 (905) 921-3170
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