Market Intelligence
September recorded 5,040 GTA sales, down 9% from a year earlier. The average sale price was $1,006,409, down 5.1%, while new listings fell 14.4%. Our interpretation: compare the actual alternatives before deciding how much negotiating room a particular property offers.
Market scorecard
Each view includes the strongest evidence, the main counter-risk and what could change the conclusion.
Main counter-risk: Fewer new listings can limit choice in a specific property segment.
Buyers comparing Ontario resale homes with a defined budget and timeline.
Watch for: The current competing listings, recent comparable sales and complete offer terms should determine the next move.
Main counter-risk: Less listing supply does not make an ambitious asking price achievable.
Owners planning preparation, pricing and launch timing.
Watch for: Showing feedback and new sold comparables should guide a documented review of positioning.
Main counter-risk: A lower purchase price can still produce weak cash flow after expenses and capital work.
Investors screening residential rental acquisitions.
Watch for: Verify rents, operating costs, financing and the condition of the specific asset.
Main counter-risk: A GTA resale price change does not establish the rent for a particular unit.
Tenants preparing a move or comparing rental homes.
Watch for: Review available rentals, total occupancy costs and the proposed lease with appropriate advisers.
Main counter-risk: Using sales statistics to forecast rents can produce the wrong conclusion.
Landlords and tenants discussing a new lease.
Watch for: A verified rental report and current lease comparables would support an updated assessment.
Latest TRREB baseline
All-TRREB context is a starting point. Property type, municipality, district and price band can produce a different result.
Source: TRREB Market Watch. Definitions and historical series can be revised by the source.
Local Market Watch
Compare the macro picture with the cities and Toronto districts that matter to your move. Figures cover all home types and should still be narrowed by property type, price band, and neighbourhood.
Compare the district, property type, building and immediate competing listings. A city-wide average is only the starting point.
Request a local comparison →Narrow the search across Richmond Hill, Vaughan, Markham and nearby communities by use, location and the actual alternatives.
Request a local comparison →Bring commute, property condition, occupancy costs and comparable sold evidence into the same decision.
Request a local comparison →Compare space, location and total ownership costs against the purpose of your move and your longer-term plans.
Request a local comparison →For the current regional tables, open September 2026 Market Watch. A tailored comparison should use current listings and recent comparable sales.
Archived August figures are retained for historical comparison. They are not the September baseline or a current property valuation.
Under 4 months of inventory is seller-leaning, 4-6 months is balanced, and over 6 months is buyer-leaning. It is a market-level signal—not a conclusion about one property.
August 2026
City-wide, TRREB W/C/E regions, and two practical district groupings for Etobicoke and North York.
Derived from the official W06-W10 district rows; rate and market-time measures are sales-weighted
Derived from the official C06, C07 and C12-C15 district rows; rate and market-time measures are sales-weighted
August 2026
Regional context plus the major York municipalities most often used in client searches.
August 2026
Regional conditions alongside Mississauga, Brampton, and Caledon.
August 2026
Regional conditions and the principal west-to-east Durham markets.
Source: TRREB Market Watch — August 2026 full report, published September 4, 2026. Historical snapshot from the source period above. Etobicoke and North York values are sales-weighted rollups of the listed official district rows.
Mortgage & rate signal
The verified policy rate is 2.25% following the September 2 decision. The next scheduled decision is October 28, 2026. A lender's mortgage quote is separate from the central bank's policy rate.
Ask a licensed mortgage professional to confirm qualification, payments, renewal exposure and the expiry of any rate hold using the financing available to you.
Follow rate signals →Government & LTB
This resale update does not establish rental-market conditions or a tenancy's legal position. Lease terms, unit history and current provincial guidance need a separate review.
For a rental acquisition, coordinate tenancy questions with an appropriately qualified legal adviser before relying on an income or possession assumption.
Review landlord-tenant updates →Featured opportunity
A property with a manageable preparation or repair issue may merit closer review. Obtain a professional scope and estimate, confirm feasibility and compare the total commitment before treating it as an opportunity.
Ask about this opportunity →Intelligence categories
TRREB sales, inventory, price and market-time signals translated into practical client decisions.
Explore category →02Bank of Canada, qualification and financing developments with clear limits and dated sources.
Explore category →03Confirmed housing programs, tax measures and regulatory changes—clearly labelled by status.
Explore category →04Ontario rental rules, LTB process changes and operational implications for landlords and tenants.
Explore category →05GTA leasing activity, rents, supply and property-level considerations for both sides of a lease.
Explore category →Recent updates
The latest completed monthly report shows softer GTA sales and prices. The useful next step is a tighter comparison of the properties, costs and terms relevant to your own move.
August brought materially fewer listings than a year earlier, slightly fewer sales and longer market exposure. The result is still negotiation-sensitive, but shrinking choice is the clearest risk to buyers who wait.
July data showed fewer new listings and firmer month-over-month activity, while price and exposure metrics continued to reward careful negotiation and precise pricing.
Methodology & sources
Each published data point retains its source, source period, retrieval date, geography and definition. Commentary is reviewed before publication. When a source is stale or unavailable, the previous approved report remains visible with its last-verified date rather than being presented as current.
Market information is provided for general informational purposes and may change without notice. It is not individualized legal, mortgage, tax or investment advice. Market conditions vary by property, location and client circumstances. Consult the appropriate qualified professional before relying on a legal, financing, tax or investment conclusion.