06/09/2026
May Home Prices Across the 416
May's numbers show a market with more options and renewed momentum heading into the summer.
Detached led the way on sales (+8.9%), followed by condos (+4.2%) and semi-detached (+2.5%), broad-based confidence across segments. Townhomes were the outlier, with both sales and prices pulling back.
Prices are still adjusting year-over-year, most notably in detached (-6.5%) and condos (-5.0%) meaningful opportunity is still on the table. But the activity we're seeing suggests informed buyers are already stepping in ahead of a more competitive market.
Swipe through for the full breakdown.
Detached → $1,610,988 | Price ↓ 6.5% | Sales ↑ 8.9%
Semi-Detached → $1,293,268 | Price ↓ 0.6% | Sales ↑ 2.5%
Townhouses → $953,982 | Price ↓ 5.5% | Sales ↓ 17.5%
Condos → $673,841 | Price ↓ 5.0% | Sales ↑ 4.2%
Source: TRREB May 2026 Market Watch
Averages tell part of the story, the SOLD data tells the rest. Explore our interactive maps across the 416 to see list price vs. sold price, days on market, photos, and full MLS details by neighbourhood.
Curious how your neighbourhood or property type is performing? Drop a comment or send us a DM, we love diving into the data.
