10/17/2026
π Toronto Real Estate Update β September 2026
The GTA housing market slowed down in September!
π Home sales fell 9% year-over-year
π New listings dropped by over 14%
π° Average home price: $1.006M, down approximately 5%
π¦ Fixed mortgage rates are rising, adding pressure on affordability.
With economic uncertainty and higher borrowing costs keeping buyers cautious, declining listings could lead to increased competition and potential price stabilization heading into 2027.
Thinking about buying or selling in the GTA? Stay informed with the latest Toronto real estate market updates.