06/15/2026
🏙️ Mondays with Steve | Toronto Area Market Update
Inventory is climbing. Prices are softening. Here’s what that means for you. 📉
This week’s numbers across the GTA:
📦 28,372 active listings — up 500–600 from last week
✅ 1,039 sales — homes are still moving, just at lower prices
📉 Prices continuing a 6–8% annual decline with no floor expected until 2030
Steve breaks down a real example this week — a property that was listed in the high $500s sold at $520K, roughly 6% below asking. That gap is becoming the norm, not the exception. Sellers who price to yesterday’s market are getting left behind. 💡
Timing matters too. June is your best window if you want to list and move quickly. Expect a seasonal slowdown through July, then a pickup again in September as back-to-school routines bring buyers back to the table. 📅
If you’re a buyer — more inventory and motivated sellers means more leverage than we’ve seen in years. If you’re a seller — pricing right the first time is everything right now.
📲 Watch the full update and let us know where you stand — we’re here to help you navigate it.
