06/05/2026
Sales are up in the GTA, but the reason why matters more than the number itself.
Homes are selling for roughly 4-5% less than they were a year ago. Mortgage rates have come down. And together, those two things have done something the market needed: they’ve made buying affordable again for people who were priced out or sitting on the fence.
The buyers coming back right now aren’t guessing. They ran the numbers and the numbers finally worked.
At the same time, new listings are down almost 19% year-over-year. Sellers who don’t need to move aren’t moving. And that means the pool of available homes is shrinking just as demand is building. That’s the setup for what comes next.
Whether you’re buying, selling, or just trying to understand where things are headed, DM me or drop a comment. Happy to give you a straight read on your situation.