08/15/2026
Chestnut Park CEO Chris Kapches breaks down July’s GTA housing data, explaining why bearish mid-summer takes miss the market's hidden strength. Behind normal seasonal pacing, key sectors like condos and semi-detached homes point toward a strong fall recovery.
📊 Stable Demand: YTD sales (~38K) match 2025 levels—mid-summer dips are just standard seasonality.
🏢 Condo Turnaround: Sales are up 3.3%, with average prices climbing from $631K to $672K over the last 6 months.
🔥 Hot Semis: City-wide semi-detached homes average 101% of asking (hitting 107% in the east end!).
🌱 Fall Outlook: These "green shoots" signal a strong setup for an accelerated fall recovery.
Contact me with your real estate questions and needs.
SARAH GIACOMELLI
Sales Representative
Chestnut Park Real Estate Limited, Brokerage
416.529.7780 | sarahgiacomelli.com | [email protected]