Market mostly flat across the Greater Toronto Area, with conditions described as muted ahead of spring.
In February, 7% of 238 GTA neighbourhoods were overbidding, ↑ from 6% of 213 in January.
Most neighbourhoods were underbidding: 91%; another 2% sold at asking.
Across all listings, condos lagged single-family: 14% vs 24% over asking; single-family highest since early last year’s fall market.
September 23, 2026
Toronto Area Home Prices Dip Below $1 Million | Reach out to me for buying or selling. First time? Call for a FREE consultation.
Seeing Toronto area home prices dip just below the $1 million mark—averaging around $993,000 and about 3% lower than last year—brings a shift in the landscape for many buyers looking for more affordability. However, with...