09/26/2026
If you’ve been waiting for Toronto-area prices to soften, the average GTA home sold for $993,410 in August, dipping below the $1-million mark for the second time this year.
The GTA crossed a notable threshold in August, with the average selling price falling to $993,410, down 2.7% from a year ago and below $1 million for only the second time this year. Sales were also down 2.1% year over year. But there’s another side to the story: new listings dropped 14.1%, while t...