08/18/2026
GTA REALTORS® reported 5,995 home sales through TRREB’s MLS® System in July 2026 – a slight decrease of 0.9 per
cent compared to July 2025. New listings entered into the MLS® System amounted to 14,484 – down by 17.8 per cent
year-over-year.
On a seasonally adjusted basis, July 2026 home sales were up month-over-month compared to June 2026, while new
listings were down, which means market conditions continued to tighten during the summer.
The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by 4.6 per cent year-over-year in July 2026.
The average selling price, at $1,003,956, was down by a similar annual rate of 4.5 per cent.
On a month-over-month seasonally adjusted basis, MLS® HPI Composite edged up compared to June 2026, whereas the
average selling price was slightly lower.
“Removing remaining municipal roadblocks to attainable housing is a pressing issue in the GTA and Simcoe County.
Restrictive zoning, outdated rules, high taxes and fees, and approval delays are making housing more expensive and are
key issues in the upcoming municipal election. They add tens of thousands of dollars to the cost of every home and need
to be reformed,” said TRREB CEO John DiMichele.
6,047
Toronto Unemployment Rate (SA)
June 2026 7.2% ½
July 2026 July 2025
Inflation (Yr./Yr. CPI Growth)
June 2026 2.8% ½
Source: TRREB Market Watch Report
