03/09/2026
TRREB’s Market Watch Report for February 2026 Now Released 👀
Greater Toronto Area (GTA) resale housing market conditions tightened in February 2026 compared to February 2025. While sales were down year-over-year, new listings declined by a greater annual rate. The dip in new listings is in line with recent polling results from Ipsos which show listing intentions are down for 2026.
GTA REALTORS®️ reported 3,868 home sales through TRREB’s MLS®️ System in February 2026 – down by 6.3% compared to February 2025. New listings entered into the MLS®️ System amounted to 10,705 – down by 17.7% year-over-year. On a seasonally adjusted basis, February home sales and new listings were down month-over-month compared to January 2026. New listings were down by a greater monthly rate than sales.
The MLS®️ Home Price Index (MLS®️ HPI) Composite benchmark was down by 7.9% year-over-year in February 2026. The average selling price, at $1,008,968, was down by 7.1% compared to February 2025.
🔍 Market Stats Quick Overview (Data compared to February 2025):
📎 Total Sales: 5,010 ⬇15.8%
📎 Avg Sold Price: $1,039,458 ⬇6.4%
📎 Avg DOM: 34 days ⬆9.7%
📎 New Listing: 11,134 ⬇4%