09/05/2026
August 2026 GTA sales fell 2.1% year over year and 15.6% from July. Average price declined 2.7% annually and 1.1% monthly, while homes took 51 days to sell.
Prices fell across all types. Detached was most stable, down 1.8% annually and 0.2% from July. Townhouses fell most annually at 8.6%, while semis and condos declined 5.0% and 3.6%. Detached and semi-detached sales edged up 0.5% and 0.9%, suggesting demand held steady.
Active listings fell 11.3% as new listings dropped 14.1%, yet prices declined because demand was too soft to support last year’s prices. With homes taking longer to sell, realistic pricing will matter this fall. Tighter choice could steady prices if sales hold up.