Victoria Kvint - GTA Real Estate Agent

08/07/2026

GTA Housing Market Tightens in July and Sets the Stage for Price Stability
Greater Toronto Area (GTA) resale housing market conditions tightened in July 2026 compared the same month a year earlier. Home sales edged slightly lower over that period, while new listings were down substantially. This suggests that active homebuyers faced more competition from other potential purchasers. If this trend continues, average selling prices could level off in the second half of this year.
“With sales accounting for a larger share of listings, buyers may find there is less room to negotiate moving forward. If current trends continue, home prices could start to level off compared to last year. Many would-be homebuyers are waiting for confidence in the market and broader economy to improve before making a purchase. This includes more clarity on tariffs, inflation and borrowing costs.” said TRREB President Daniel Steinfeld. “While uncertainty about the economy and borrowing costs persists, recent news has been more positive than expected. The latest readings on economic growth and jobs surprised to the upside. This could help bolster consumer confidence and prompt an uptick in home purchases in the months ahead, especially if home prices stabilize as we move through the fall,” said TRREB Chief Information Officer Jason Mercer. GTA REALTORS® reported 5,995 home sales through TRREB’s MLS® System in July 2026 - a slight decrease of 0.9 % compared to July 2025. New listings entered into the MLS® System amounted to 14,484 - down by 17.8 % year-over-year. On a seasonally adjusted basis, July 2026 home sales were up month-over-month compared to June 2026, while new listings were down, which means market conditions continued to tighten during the summer. The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by 4.6 % year-over-year in July 2026. The average selling price, at $1,003,956, was down by a similar annual rate of 4.5 %. On a month-over-month seasonally adjusted basis, MLS® HPI Composite edged up compared to June 2026, whereas the average selling price was slightly lower.

07/14/2026

💥LEASED AT FULL ASKING PRICE

07/06/2026

🏡🏡🏡JUNE MARKET WATCH

This June 2026 GTA housing report from the Toronto Regional Real Estate Board suggests that the market is gradually strengthening after a weak start to the year.

This June 2026 GTA housing report from the Toronto Regional Real Estate Board suggests that the market is gradually strengthening after a weak start to the year.

💥Key Takeaways
🏡Home sales increased 9.4% compared to June 2025.
• 6,770 homes sold in June 2026.
• More buyers are returning to the market.
🏡New listings decreased 12.9% year-over-year.
• 17,282 new properties were listed.
• Fewer homes coming onto the market means less choice for buyers.
🏡Prices are still lower than last year, but the decline is slowing:
• Average selling price: $1,058,658
• Down 3.9% from June 2025.
• The MLS benchmark price was down 5.4% year-over-year.
🏡Month-over-month trends are positive:
• Sales increased from May to June.
• New listings decreased.
• Prices edged higher.
• These are signs of a tightening market.

💥What It Means
🏡The balance between supply and demand is shifting:
• More buyers are purchasing homes.
• Fewer new properties are being listed.
• Inventory is being absorbed more quickly.

🏡If these trends continue, the second half of 2026 could see:
• More competition among buyers.
• Stabilizing prices.
• Potential price increases later in the year.

💥For Sellers
Conditions are improving compared with 2025. Well-priced homes in desirable areas may receive stronger interest and potentially sell faster than earlier this year.

💥For Buyers
Affordability is still better than during the peak years, but waiting too long could mean facing:
• More competition,
• Fewer available listings,
• Higher prices if the market continues to tighten.

For owners or investors in the GTA, this report points to a market that is moving from a buyer-friendly environment toward a more balanced market, with the possibility of becoming seller-favored if inventory continues to decline.

07/01/2026

06/25/2026

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06/07/2026

GTA HOUSING MARKET TIGHTENS IN MAY 2026

The Greater Toronto Area housing market continued to strengthen in May 2026, with sales rising and new listings declining compared to the same period last year. As available inventory continues to be absorbed, buyer competition is increasing in many neighbourhoods, setting the stage for more stable prices and potential appreciation in the months ahead.

Key Highlights (May 2026 vs. May 2025):

6,583 homes sold through TRREB's MLS® System, up 6.3%
17,698 new listings, down 18.9%
Inventory levels continued to decline.
Buyers still benefited from negotiating power and improved affordability due to lower borrowing costs and softer prices.

According to TRREB President Daniel Steinfeld, stronger spring sales reflect improved affordability and lower mortgage rates. He expects market activity to gain further momentum in the second half of the year, especially if trade conditions and geopolitical uncertainty improve.

TRREB Chief Information Officer Jason Mercer noted that while buyers have continued to benefit from favourable negotiating conditions, a further strengthening in sales relative to listings could lead to price stabilization and renewed price growth heading into 2027.

What This Means for Buyers and Sellers

For Buyers:

Selection remains relatively healthy, but options are becoming more limited.
Acting sooner may help secure better pricing before competition increases.

For Sellers:

Market conditions are improving.
Reduced inventory and rising demand are creating a more balanced environment, particularly for well-priced and well-presented properties.

The trend suggests the GTA market is gradually moving away from the buyer - favorable conditions seen over the past year and toward a more balanced market with potential price growth ahead.

05/07/2026

💥💥💥MARKET WATCH APRIL 2026💥💥💥
GTA REALTORS® reported 5,946 home sales through TRREB’s MLS® System in April 2026 - an increase of 7 % compared to April 2025. New listings entered into the MLS® System amounted to 17,097 - down by 9.3 % year over-year. On a seasonally adjusted basis, April 2026 home sales and new listings were up month-over-month compared to March 2026. Sales were up by a greater monthly rate than new listings, potentially suggesting more competition between buyers in some neighbourhoods.

The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by 6.6 % year-over-year in April 2026. The average selling price, at $1,051,969, was down by 4.9 % compared to April 2025.

Lower home prices and borrowing costs over the past year have been a catalyst for some homebuyers this spring. However, we still have a substantial amount of pent-up demand in the marketplace. More certainty on the trade front and an easing in geopolitical tensions would result in further improvements in market activity

04/29/2026

The Bank of Canada held its benchmark interest rate steady at 2.25% for a fourth consecutive time today as it waits for more clarity on the war in Iran and the future of U.S. tariffs.