06/08/2026
GTA REALTORS® reported 6,583 home sales through TRREB’s MLS® System in May 2026 – an increase of 6.3 % compared to May 2025.
New listings entered into the MLS® System amounted to 17,698 – down by 18.9 %
year-over-year.
On a seasonally adjusted basis, May 2026 home sales were up by 10 % month-over-month compared to April 2026 and new listings were down by 2.1 % – pointing to a monthly tightening of market conditions as well.
The average selling price, at $1,069,700, was down by 4.6 % compared to May 2025.
On a month-over-month seasonally adjusted basis the average selling price was up slightly compared to April 2026.
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