Todd Skinner, Sales Representative - Chestnut Park Real Estate Brokerage

04/12/2026

Green Shoots Appear Despite Spring Market Uncertainty

Like the weather of late, the spring Toronto real estate market is keeping us guessing on its unofficial arrival. Spring is here in calendar terms, but it’s fair to say that spring has not fully sprung weather-wise, nor in the Toronto real estate market. However, according to TRREB’s data for March, the 416 saw year-over-year minor sales improvement in both Detached Homes (+1.4%) and Condo Apartments (+3.0%). This is the first time in a very long time that we have seen a positive year-over-year variance in the condo market. Granted we are up against one of the slowest sales years in decades, but it’s still a positive development and perhaps is a signal that we are nearing the bottom the curve.
Enjoy the complete summary below with some great articles to help navigate the Toronto real estate landscape this Spring:
https://lnkd.in/eRtUwjZd

03/10/2026

Ready, Reset, Go: Recalibration in the Spring Real Estate Market

Today’s Toronto Regional Real Estate Board (TRREB) data for February demonstrates that sellers’ price expectations are finally relenting to a new real estate market reality. In fact, we are seeing sellers going to market with prices that are “at market” or slightly “below market,” and they’re being rewarded with more showings and offers. While this should normally be the case, for a few years sellers could not think about going to market without being drawn back to COVID-era pricing in their rear-view mirror. The multiple offers we have seen in recent weeks in the 416 detached market demonstrate that strong buyer demand for home ownership is still out there in Toronto, but it is nowhere near the desperation levels that defined the COVID era.
Enjoy the complete summary below with some great articles to help navigate the Toronto real estate landscape this Spring:
https://mailchi.mp/e052d3b4904c/real-estate-market-report-from-todd-skinner-14771202

02/13/2026

Are We There Yet… Toronto Home Prices Slide Again in January

A little more of the same: When it comes to the Greater Toronto Area real estate market, the TRREB sales data for January indicate sales (-19.3%) and prices (-6.5%) both declined across all home types year over year (YoY). Despite these YoY sales declines (416 Detached -16.4%, 416 Condos -23.6%), Torontonians’ desire for home ownership remains robust, as we are already seeing many multiple-offer scenarios (with offer days) take place in the $1M-$2M market segment.

Enjoy the complete summary, the latest TRREB data from January, and some great articles to help navigate the Toronto real estate landscape:

https://mailchi.mp/71bdfe838a00/real-estate-market-report-from-todd-skinner-14770564

01/09/2026

Toronto Housing Market Contracts for Third Year Running

It has been at least 30 years since the Toronto and GTA housing markets have seen sales volumes as low as those reported in 2025. You have to go back to 1996 to find comparable numbers, with last year closing at just 62,433 sales (–11.2% year-over-year). Considering the significantly smaller population base and TRREB catchment area three decades ago, that is a tough result.
2025 was the year in which sellers finally blinked and recalibrated their post-pandemic price expectations to more realistic levels. Overall, home prices across all property types tightened by 4.7% year-over-year, with the average sale price landing at $1,067,968.
See below for the latest TRREB data from December and 2026 sales and price predictions:
https://trreb.ca/wp-content/files/market-stats/market-watch/mw2512.pdf

12/08/2025

Toronto Real Estate Market Drifts into Holiday Mode

Trees are going up, outdoor lights are (mostly) hung, and holiday charm is spreading across the GTA. In more traditional fashion, seasonality hit the Toronto real estate market in November, according to today’s TRREB results (sales down 15.8% and prices down 6.4% year-over-year across all home types).

In November 2024, there was some exuberance about a potentially busy spring market, which unfortunately didn’t materialize due to the economic uncertainty that defined 2025. Heading into the new year, buyers are not feeling the same pressure to enter the market, which could translate into a slower start to 2026.

For the latest TRREB data from November, see the first link in my newsletter:

https://mailchi.mp/8bb488c7cd5b/real-estate-market-report-from-todd-skinner-14769515

11/10/2025

416 Detached Home Prices Soften 9.1% Year-over-Year

Detached home prices in the 416 may have softened 9.1% over the past year, but that was not enough to encourage more buyers to return to the market with any urgency. Detached home sales across Toronto fell by 10.4% year-over-year and declined 13.3% in Toronto Central. Sellers are recognizing new market norms and, in order to attract the active buyers still looking to purchase this year, they are becoming increasingly competitive on pricing.
For the latest TRREB data from October, see the first link in my newsletter:
https://mailchi.mp/78146a0ff8d9/real-estate-market-report-from-todd-skinner-14768926
DM me if you want to know the top three months to have gone to market in Toronto this year… or for other real estate matters, please reach out directly at: 416-268-9627.

10/07/2025

Lower Prices Boost Sales Again in the 416 Detached Market

Today’s TRREB sales data for September demonstrates Buyers have a more positive view about value in the market. Last month, GTA sales rose by a modest 8.5% year-over-year across all home types. In the 416, detached home prices continued to decline (-0.8% YoY) driving both the expected month-over-month seasonal sales increase, and healthy 12.5% over September 2024 (which was a weak sales year). For the latest TRREB data from September, see the first link in my newsletter:
https://mailchi.mp/1b150909f237/real-estate-market-report-from-todd-skinner-14767945
If you have follow-up questions about the TRREB data or would like to learn more about how your hyper local market is performing, please reach out at: [email protected] or text 416-268-9627.

09/22/2025

Blog "get to know our agents" post I wrote for my Brokerage...

WhenCultureMatters BY TODD SKINNER, Sales Representative When I graduated from university (so many years ago), I had just one big goal: save up some money, pay off my student loans, and leave ...

09/05/2025

416 Detached Prices Drop 10% YoY Bumping Up August Sales

Buyers or balanced market, however you would like to define it, negotiation power has shifted in favour of Toronto Buyers over the last few months anecdotally, and it is now finally showing up in the data. According to TRREB, prices for detached homes in the 416 dropped 10% Year-over-Year in August and Buyers took notice, resulting in increased YoY sales by 10.5%. However, in the $2M+ detached home price segment across the GTA, sales dropped by 14.1% YoY which could be indicative of the inelasticity in the higher end of the market or lagging Seller reticence to acquiesce to post-pandemic prices.
For the latest TRREB data from August, see the first link in my newsletter: https://mailchi.mp/1374fb6f9620/real-estate-market-report-from-todd-skinner-14767610

If you have follow-up questions about the TRREB data or would like to learn more about how your hyper local market is performing, please reach out at: [email protected] or text 416-268-9627.

08/09/2025

Some Savvy Summer Buyers find Value in Toronto Real Estate

Who knows what the Fall market holds for Toronto Real Estate, but according to TRREB’s July sales data report, some savvy GTA Buyers are not waiting to see (Sales+10.9% Year-over-Year). With prices for 416 Detached homes settling (-4.6% YoY), and better than average inventory available across the board (30,000+ Active Listings +26.2% YoY), some Buyers leveraged their stronger hand in this current market to lock down a purchase last month. Not to get too carried away on how much strength is now in the Buyers’ domain, we still see multiple offers on many new-to-market properties in Toronto East, but that market acts a little differently from Toronto Central or TO West. For the latest TRREB data from July, see the first link in my newsletter: https://mailchi.mp/cade94a1a393/real-estate-market-report-from-todd-skinner-14767181
If you have follow-up questions about the TRREB data or would like to learn more about how your hyper local market is performing, please reach out at: [email protected] or text 416-268-9627.

07/04/2025

With Mounting Inventory, 416 Detached Prices Begin to Lose their Stickiness

The running headline for some time in the Toronto Real Estate market has been how prices in the 416 Detached and Semi-Detached market have held firm, despite record low sales over the past two years. Although according to today’s TRREB sales results for June, the 416 Detached market is finally beginning to show some more significant softening on price (-6.5% Year-over-Year). Pent-up demand for Detached and Semi-Detached homes in the 416 has kept prices from declining significantly despite record low sales volumes over the past 2 years. What’s changed? Likely, it’s a combination of a few factors, the main reason being the months of inventory available in Toronto are getting closer to 6 months. For the latest TRREB data from June, see the first link in my newsletter: https://mailchi.mp/69c3d80006ff/real-estate-market-report-from-todd-skinner-14766679
If you have follow-up questions about the TRREB data or would like to learn more about how your hyper local market is performing, please reach out at: [email protected] or text 416-268-9627.