Toronto home sales fell 9.5% year-over-year in October, totalling 6,138 transactions.
New listings rose 2.7% to 16,069, while active listings surged 17.2%, pressuring prices.
Benchmark home prices dropped 5%; average price fell 7.2% to $1,054,372.
Detached homes averaged $1,355,506 (-7.3%) and condos $660,208 (-4.7%), favouring buyers with cash.
Sales declines were broad: detached and condos -11%, townhouses -8.5%, semi-detached -2.8%.
May 4, 2026
Toronto Sales Rise, Bounceback Doubts Persist | Reach out to me for buying or selling. First time? Call for a FREE consultation.
Toronto home sales posted their first yearly gain in 6 mo during Late-Q1, but brokers said that uptick did not mean the market had recovered. Sales ↑~2% yearly while new listings ↓~17% in Late-Q1. Prices...