Viraj Tanna: Toronto Real Estate

09/08/2026

Market Stats - August 2026

TORONTO, ONTARIO, September 3, 2026 – The number of homes available for sale in August 2026 was down noticeably compared to last year in the Greater Toronto Area (GTA). Following this trend, home sales also edged lower, as the number of transactions was arguably limited by less choice in some neighbourhoods. Less choice and more competition between buyers could ultimately result in renewed price growth in the months ahead.

“If inventory tightens and home prices begin to rise, some buyers may face a trade-off between waiting for greater economic certainty and purchasing before prices move higher. At the same time, improving market conditions for sellers could bring more listings to market, providing buyers with additional choice,” said Toronto Regional Real Estate Board (TRREB) President Daniel Steinfeld.

Contact me for more specific information or if you want to sell, buy or lease property.

09/02/2026

08/30/2026

PROMOTIONAL RATES FOR A LIMITED TIME!!! 🎉
🏢 124 Merton St. – Flexible Office Spaces Available! 🏢
Looking for a professional space in a well-managed building? We’ve got you covered!
🌟 Office Sizes: Ranging from 500 SF to 3,417 SF
🌟 Prime Location: Convenient and professional setting

📞 Contact me for more details or to schedule a viewing!

08/15/2026

📣 OPEN HOUSE
📆 SATURDAY 12-4 PM
MLS:  E13660706
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Come and check it out!
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📍43 FAIRFORD AVE.
💵   849,000 
🛌 2+1
🛁 2
🚗 1
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Hosted by Viraj Tanna,
Royal LePage Estate Realty
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Come and check out this great home in the east end. The neighbourhood is great and so our the neighbours. I’m one of them. 😉

Open House this Sat & Sun 12-4 PM
 

08/07/2026

Market Stats - July 2026

TORONTO, ONTARIO, August 6, 2026 – Greater Toronto Area (GTA) resale housing market conditions tightened in July 2026 compared the same month a year earlier. Home sales edged slightly lower over that period, while new listings were down substantially. This suggests that active homebuyers faced more competition from other potential purchasers. If this trend continues, average selling prices could level off in the second half of this year.

“With sales accounting for a larger share of listings, buyers may find there is less room to negotiate moving forward. If current trends continue, home prices could start to level off compared to last year. Many would-be homebuyers are waiting for confidence in the market and broader economy to improve before making a purchase. This includes more clarity on tariffs, inflation and borrowing costs.” said TRREB President Daniel Steinfeld.

“While uncertainty about the economy and borrowing costs persists, recent news has been more positive than expected. The latest readings on economic growth and jobs surprised to the upside. This could help bolster consumer confidence and prompt an uptick in home purchases in the months ahead, especially if home prices stabilize as we move through the fall,” said TRREB Chief Information Officer Jason Mercer.
Contact me for more specific information or if you want to sell, buy or lease property.