February saw 3,868 home sales, while new listings ↓17.7% to 10,705.
Seasonally adjusted, February sales and new listings ↓ MoM vs January; listings ↓ faster.
Average selling price just over $1M, ↓7.1% from February 2025.
TRREB urges targeted federal and provincial action to boost 'missing middle' home construction.
TRREB cites 100,000+ buyers waiting; momentum could return in second half of this year into 2027.
April 9, 2026
Toronto Condo Market Faces Another Slump
Average condo price now $626,650, down from just under $800,000 four years ago. GTA condo sales last month ↓ to 1,088, more than 60% lower than four years earlier. In $700K-$800K range, sales went from 784...
