10/07/2026
TRREB MARKET UPDATE ▪️September 2026
The GTA housing market remained relatively quiet in September, with many buyers still taking a wait and see approach.
📊 September at a glance:
• 5,040 homes sold ▪️down 9% year-over-year
• 16,500 new listings ▪️down 14.4%
• Average price: $1,006,409 — down 5.1%
For buyers, lower prices mean improved affordability and more negotiating power than we’ve seen in recent years. However, uncertainty around the economy, employment and borrowing costs is keeping many buyers on the sidelines.
▪️Condos remain a challenging segment, with plenty of choice for buyers and increased competition for sellers. Buyers may have opportunities to negotiate, while sellers need to be strategic with pricing and prepared for longer days on market.
The demand to buy is still there confidence is what’s missing.
As we move further into the fall, improved affordability could help bring more buyers back into the market.
Thinking about buying or selling? Reach out anytime. I’m always happy to talk real estate and help you understand what today’s market means for you. 🏡