08/19/2026
Urbanation reports:
With supply tightening across every housing type, conditions are increasingly pointing toward greater price stability.
The GTA housing market is showing growing signs of price stabilization.
While the average selling price declined 4.5% year-over-year to $1,003,956 in July, the mix-adjusted benchmark price continued to edge higher month-over-month as the inventory overhang accumulated since 2022 continued to erode.
Prices remain roughly 25% below their early-2022 peak, which is contributing to some homeowners holding off on selling into a softer market.
With supply tightening across every housing type and the market moving back into balanced territory, the conditions supporting greater price stability are increasingly taking shape.
Thinking about making a move? Understanding where prices are headed can help you plan your next step. Let us know, we are here to help!
