06/12/2026
π£ Mayβs Market Update π£
βοΈThe Spring Market Is In Full Swing!
πThe spring market continued to strengthen across the GTA. Sales activity increased, inventory tightened, and buyer confidence improved.
πMomentum picked up across the Durham Region and east. Peterborough and Prince Edward County stood out with the strongest price growth, while Durham remained stable.
Kawartha Lakes and Northumberland saw increased sales activity but softer pricing, giving buyers more negotiating power.
While inventory remains higher in many areas, the gap between sales and new listings narrowed in May, pointing toward a balanced market.
π Looking ahead, if sales strengthen further relative to listings, selling prices will level off and even start to grow as we move into 2027