08/08/2026
Fewer homes on the market = More competition for GTA buyers. 🛑📊
July’s real estate numbers are in from TRREB, and the biggest story is inventory:
📍 Sales Held Steady: 5,995 sales (down just 0.9% from last July).
📍 Listings Dropped: New listings plummeted 17.8%!
📍 Average Price: $1,003,956 (down 4.5% YoY, but showing month-over-month stability).
📍 Condos: Sales held flat with 1,564 units sold.
The Bottom Line: With fewer new homes hitting the MLS, active buyers are facing more competition. If economic confidence continues to build, prices could level off as we head into the fall market.
Curious what this means for your property value or purchase plans? Drop a comment below or send a DM to chat! 👇
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