In Early-Q3, Toronto sales ↓~1% yearly to ~6K transactions, while new listings ↓~18% to ~14.5K, narrowing the gap between supply and demand.
On a seasonally adjusted basis, Toronto sales increased from Late-Q2 while listings declined, and the avg. selling price settled near $1M, ↓~5% yearly.
A balanced market means neither side clearly leads: homes sell closer to asking, supply better matches demand, and negotiations feel more typical for both parties.
Experts said Toronto's freehold segment looks more balanced, while condos remain buyer-driven. Buyers have adjusted to current borrowing costs, and sellers are pricing more realistically.
With listings shrinking and prices leveling, experts said steadier conditions could bring sidelined buyers back, as confidence improves and timing the market matters less.
August 25, 2026
Ontario Needs New Infrastructure Financing for Housing | Reach out to me for buying or selling. First time? Call for a FREE consultation.
In Ontario, housing supply depends on more than zoning or approvals; new communities also need water, roads, utilities, parks and remediation before homes can proceed. Those infrastructure costs often arrive before any sales, rents or...
