06/03/2026
GTA REALTORS Release May Stats
The Greater Toronto Area (GTA) resale housing market tightened in May 2026 compared to last year. Sales increased year-over-year, whereas new listings declined over the same period. As standing inventory has been absorbed, competition between buyers has likely increased in some neighbourhoods. This should see the price trend flatten and ultimately trend upwards in the months ahead.
GTA REALTORS® reported 6,583 home sales through TRREB’s MLS® System in May 2026 – an increase of 6.3 per cent compared to May 2025. New listings entered into the MLS® System amounted to 17,698 – down by 18.9 per cent year-over-year.
On a seasonally adjusted basis, May 2026 home sales were up by 10 per cent month-over-month compared to April 2026 and new listings were down by 2.1 per cent – pointing to a monthly tightening of market conditions as well.
Need to Sell?? Neetu Sell!!
Neetu Arora, Broker
Remax West Realty Inc.
📞 416-898-5160
🌐 www.neetusell.com