November sales ↓ 15.8% YoY to 5,010 units
Avg. price still > $1M, but ↓ 6.4% YoY
New listings ↓ 4%, active inventory ↑ 16.8%
Condo sales ↓ 21.7% across GTA; all property types down
Strong jobs data may revive optimism, but market recovery needs clearer long-term certainty.
August 31, 2026
Toronto Housing Market Moves Toward Balance | Reach out to me for buying or selling. First time? Call for a FREE consultation.
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,...