February saw 3,868 home sales, while new listings ↓17.7% to 10,705.
Seasonally adjusted, February sales and new listings ↓ MoM vs January; listings ↓ faster.
Average selling price just over $1M, ↓7.1% from February 2025.
TRREB urges targeted federal and provincial action to boost 'missing middle' home construction.
TRREB cites 100,000+ buyers waiting; momentum could return in second half of this year into 2027.
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...