06/09/2026
π‘ GTA Real Estate Market Update β May 2026
The market is showing signs of tightening!
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Home sales are UP 6.3% compared to last year
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New listings are DOWN 18.9%
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Average selling price sits at $1,069,700
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Inventory continues to be absorbed across the GTA
What does this mean?
Buyers still have opportunities, but competition is starting to increase in many neighbourhoods. As inventory shrinks and demand grows, experts expect prices to stabilize and potentially begin trending upward in the months ahead.
If youβve been waiting for the βperfect timeβ to buy, the window of opportunity may not stay open forever.
Thinking of buying, selling, or investing in the GTA? Letβs discuss your options and create a strategy that works for your goals.
π© Send us a message for a personalized market update.