Mei Chan Real Estate

10/08/2026

🍂 September 2026 Market Update | Toronto & GTA

The fall market is waking up. After a quiet summer, September brought a wave of new inventory and a month-over-month bounce in sales and prices, while year-over-year numbers stayed softer.

📍 City of Toronto
* Average price: $1,034,320 (+5.6% vs. August, -5.1% vs. last year)
* Sales: 1,937 (+9.1% M/M, -6.1% Y/Y)
* New listings: 6,521, up 55% from August
* Homes sold at 99% of asking in an average of 33 days.

🏡 Semi-detached was the standout, the only home type up year over year (+2.2%, avg. $1,207,884)
🏘️ Townhouses jumped 7.9% month over month
🏢 Condos dipped slightly to $640,248 (-1.7% M/M)

📍 Greater Toronto Area
* Average price: $1,006,409 (+1.3% M/M, -5.1% Y/Y)
* Sales: 5,040, flat from August
* New listings: 16,500, up 37% M/M but 14.4% below last year
* 98% sale-to-list, 34 average days on market

💡 What this means for you
Buyers: More choice than you’ve had in months, and prices are still below last year’s levels. Well-priced homes are selling close to asking, so be ready to move.
Sellers: Buyers are active again, but competition from new listings is rising. Pricing and presentation matter more than ever this fall.

Thinking about your next move? Send me a DM or comment “MARKET” and I’ll share what’s happening in your neighbourhood. 📩

09/15/2026

Congratulations to my client on the purchase of her first condo. Today’s market is best for first time home buyers. Many one bedrooms units available for under $400k with parking and locker.

Call me for a no obligation buyer consultation!

09/10/2026

Divorce and separation brings a lot of decisions and one major decision is what happens to your home. I am hosting a free webinar, together with Sawh Family Law and Jim Jiang - Finance to walk through the common paths forward. There will be time for a live anonymous Q&A - bring questions big or small. Mark your calendar and let’s talk!

RSVP link in bio

09/10/2026

New listings fell faster than sales for the month of August, which reduced choices for buyers and increased competition in specific neighbourhoods.

Although average prices dropped compared to August 2025, prices are relatively flat month over month.

DM me for sales data in your local market.

09/04/2026

Happy Anniversary Adrian Cee! 🥰

08/19/2026

We saw a deal and jumped on it! For years, our investor clients were on a hunt for a good deal. No one loves a deal more than me!! IYKYK. 😉

The house was located in a family friendly neighbourhood. Situated on a premium wide lot with lots of potential. Good upkeep and ready to move-in. We saw the price fall from $635k to $619k to $599k to $529k. 🔻📉 we immediately learned that the seller was motivated to SELL!

Within hours after the showing, we submitted an offer with a short deadline, our clients purchased the house for $500k!! Our strong 💪 negotiation strategy worked as planned! No counter, one shot accepted!

Congratulations to our buyers on scoring this sweet deal!

08/07/2026

New listings down substantially year over year and month over month! Active homebuyers are facing more competition from other potential buyers looking for deals in this market. If this trend continues, avg selling prices could level off in the second half of the year.

DM me for trends on your local market.

07/28/2026

07/15/2026

Congratulations to my client for purchasing the first home and becoming a landlord at the same time!! Live in one level and rent out the other. Convenient Markham location walkable to Markville Mall, GO station and restaurants. Extra wide and long driveway allows easy access for tenants and visitors. Move in ready with positive cash flow to start. 💵😉

DM me if you are interested in learning how I run investment analysis to generate a win-win-win in today’s buyer market.

07/07/2026

Greater Toronto Area (GTA) housing market conditions continued to improve in June, with sales growing quite strongly year-over-year while new listings declined over the same period. For the first half of 2026, sales have also edged higher compared to the first six months of 2025, with new listings down substantially.

If market conditions continue to tighten in the second half of 2026, selling prices could move in line with 2025 and eventually post some increases.