09/11/2026
Prices are down. So is your choice. That's not a contradiction — it's the real story of August 2026. 🏡
📉 GTA sales: 5,057 (-2.1% YoY)
📉 New listings: down 14.1% — nearly 7x faster than sales
💰 Average price: $993,410, but the truer benchmark is down 4.5%
🏠 Townhouses fell fastest of any housing type (-8.6% YoY)
🏦 Bank of Canada held at 2.25% for a 7th straight time
Fewer listings + steady sales = buyers quietly losing some of the leverage they had earlier this year. Swipe for the full picture, then reach out if you want to know what it means for your specific situation.
READ BELOW-https://www.homesbypreet.com/blog/6191/August+2026+Southern+Ontario+Real+Estate+Market+Report%3A+Are+Buyers+Running+Out+Of+Choices+
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