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%.
July 13, 2026
Is Toronto’s Market Finally Stabilizing? | Reach out to me for buying or selling. First time? Call for a FREE consultation.
Toronto housing activity showed signs of stabilization after extended periods of weak buyer demand and cautious market sentiment. Increased inventory is providing more options for purchasers while reducing pressure from competitive bidding situations. Condo segments...