New listings ↓~18% in Toronto as analysts cite sellers waiting out falling prices.
Toronto sales ↓~6% to ~4K, while new listings fell faster.
Prices kept sliding: Toronto avg. ~$1M, yearly ↓~7%.
Sales have fallen yearly for 5 straight mo; boards expect continued chill, though fewer listings could boost competition.
Toronto condos lagged: sales ↓~12%, prices ↓~9%; recovery may take years.
Top GTA Detached Home Neighbourhoods of 2026: Where Prices, Sales and Affordability Are Leading the Market
Detached home sales in the Greater Toronto Area gained momentum in early 2026, driven by affordability and value. Only four neighborhoods saw price growth, led by Stonegate-Queensway/Islington-City Centre West (+5%). Sales increases were more widespread,...