09/16/2026
August brought some interesting shifts to the Toronto real estate market. Total sales came in at 5,057, down 2.1 percent compared to last year, while new listings saw a sharper decline of 14.1 percent. Even with active listings sitting at 24,482, we are currently seeing a balanced market that is tilting toward buyers.
With fewer new choices entering the market, buyers face a bit less inventory to browse through. However, the average selling price remains relatively steady at $993,410, dipping slightly year-over-year but ticking up on a monthly basis. If this tight inventory trend continues, I expect we could see renewed price growth in the months ahead as competition picks up.
Whether you are looking to secure a property before conditions shift or planning your next move as a seller, having the right strategy makes all the difference. Let me help you navigate these numbers and find your next step.
📲 647 490 4524
📧 [email protected]