10/07/2026
🏡 GTA REAL ESTATE — SEPTEMBER MARKET UPDATE
The September numbers show a GTA housing market that continues to favour buyers.
Home sales were down year-over-year, but the bigger story may be on the supply side: new listings declined at an even greater rate. At the same time, average selling prices remained below last year’s levels.
Affordability and borrowing costs continue to influence the market, but buyer confidence remains one of the biggest factors holding back activity.
What does this mean?
Buyers continue to benefit from more negotiating power and less urgency, while sellers need to be increasingly strategic with pricing, presentation and expectations.
The decline in new listings is also worth watching. If inventory begins to tighten while buyer demand improves, the balance of the market could shift.
For now, the GTA remains a market where the right property, at the right price, can still move — but buyers are being selective.