07/21/2026
If I had to describe the first half of 2026 in one word, it would be MEASURED.
Not because the market stood still, but because buyers, sellers, and agents approached it with a level of decision-making we haven't really seen in some time. Today's buyers are informed, patient, and incredibly selective—comparing homes, negotiating thoughtfully, and ensuring they're making the right move.
That means sellers have had to become more strategic than ever. Pricing, preparation, presentation, and understanding today's buyer have become the difference between a home that sells quickly and one that lingers on the market.
The numbers tell the same story.
Sales more than doubled over the first half of the year, increasing from 1,074 in January to 2,443 in June. New listings climbed steadily throughout the spring, giving buyers more choice and creating a healthier, more balanced marketplace. Average days on market dropped from 45 in January to just 29 by June, proving that well-priced, well-prepared homes WILL SELL. And we're getting a consistent 98–99% of asking price, a sign that buyers are negotiating thoughtfully but are still willing to pay for value.
Pricing has remained resilient. Detached homes have retained their value, while the condo and townhouses have experienced a little more pricing pressure as inventory has increased. It's another reminder that today's market isn't moving in one direction—it's moving differently depending on the property, the neighbourhood, and how a home is positioned.
As we head into the second half of 2026, I'm optimistic.
With interest rates expected to remain stable—and potentially ease further—buyer confidence will build. Inventory remains healthy as we move toward a busy fall market. I don't expect dramatic price swings. Instead, I expect a market defined by steady activity, thoughtful decision-making, and strategic planning.
As a Matter of Fact...good homes are still selling and great homes are still creating competition.
The difference isn't the market—it's understanding today's buyer. Reach out if you'd like to learn more about the Toronto real estate market
Wendy x
