In August 2026, the GTA saw its average home price dip below $1 million for the second time this year. Detached homes averaged $1.29M, semis $932K, townhouses $787K, and condos $618K. Sales were down by 2.1%, with prices dropping 2.7%, and new listings declining 14.1%. As someone who’s dedicated to guiding clients through both real estate and home inspection, I keep a close eye on these market shifts. These numbers can mean new opportunities for buyers and sellers alike—staying informed is key to making confident decisions about your next move.
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