GTA resale housing market tightened in February 2026 with home sales down 6.3% year-over-year to 3,868, while new listings dropped 17.7% to 10,705. The benchmark price fell 7.9% to an average of $1,008,968. Condo prices declined 9.1%, townhomes 8.0%, and detached homes 7.8%. Many buyers are waiting for prices to stabilize, with over 100,000 holding off purchases, potentially boosting sales later in the year.
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