In August, we saw GTA home sales dip by 2.1% compared to last year, with 5,057 properties changing hands. Average prices edged down by 2.7% to just under $1 million ($993,410), and benchmark prices slipped by 4.5%. While seasonal fatigue is playing a role in this market pause, the positive side is some improvement in affordability. As someone dedicated to both real estate and home inspection, I always keep a close eye on these trends to better guide you—whether you’re buying, selling, or simply planning your next move.

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