06/09/2026
Spring sales across the GTA were stronger than last year, showing that buyer confidence is beginning to return as affordability improves.
According to TRREB’s May 2026 market update, GTA home sales were up 6.3% compared to May 2025, while new listings were down 18.9%. With inventory being absorbed, some neighbourhoods may begin to see tighter conditions and more buyer competition as we move through the year.
The average selling price was $1,069,700, down 4.6% year-over-year, while prices showed a slight increase month-over-month from April.
For buyers, there may still be room to negotiate — but that window can shift quickly when listings decline and demand strengthens. For sellers, thoughtful pricing, strong presentation and a clear strategy remain essential.
Curious what this means for your home, your neighbourhood or your next move? Reach out anytime and I would be happy to walk you through the local numbers.