February sales: 3,868, ↓6.3% yearly; seasonally adjusted sales ↓1% from January.
Average price $1,008,968; composite benchmark ↓7.9% yearly; both also ↓ seasonally adjusted MoM.
New listings 10,705, ↓17.7% yearly; active listings 19,414; inventory ↓2.4%.
Board says buyers wait for prices to level off; some also hope for positive international trade news.
100,000 buyers holding off; momentum could return in second half of this year into 2027.
July 20, 2026
Ontario’s Under-$500K Share Is Rising | Reach out to me for buying or selling. First time? Call for a FREE consultation.
Ontario homes below $500K now make up nearly 24% of the market, up from 17% in 2022, pointing to a market rebalancing. Even with that progress, Ontario stayed far from decade-ago affordability: homes below $500K...