Market Update
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GTA Real Estate Market Update
Greater Toronto Area Housing Market Statistics, Updated Monthly
Every month, Gagan Gill of Royal Canadian Realty, Brokerage tracks average home prices, sales volume, new listings, and market conditions across the Greater Toronto Area — including Markham and the surrounding 905 and 416 regions — using data straight from the Toronto Regional Real Estate Board (TRREB). Tap any month below to see that period’s full numbers, or scroll down for answers to common questions about today’s market.
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January 2026February 2026March 2026April 2026May 2026June 2026July 2026August 2026Change month
2026
January 2026 GTA Market Snapshot
Average Selling Price
$973,289▼ 6.5% vs Jan ’25Detached$1,277,915
Semi-detached$945,967
Townhouse$914,738
Condo apt$604,759
Home Sales
3,082▼ 19.3% vs Jan ’253,082 homes changed hands across the GTA in January 2026.
New Listings
10,774▼ 13.3% vs Jan ’25Total, Jan ’2512,420
New listings are outpacing sales — supply is building.
Sales-to-New-Listings Ratio
29%Above 60% typically favours sellers, below 40% favours buyers — January 2026 sits in buyer’s market territory, down from 31% the year before.
February 2026 GTA Market Snapshot
Average Selling Price
$1,008,968▼ 7.1% vs Feb ’25Detached$1,325,654
Semi-detached$1,027,376
Townhouse$930,779
Condo apt$626,650
Home Sales
3,868▼ 6.3% vs Feb ’253,868 homes changed hands across the GTA in February 2026.
New Listings
10,705▼ 17.7% vs Feb ’25Total, Feb ’2513,004
New listings are pulling back faster than sales — a tightening signal.
Sales-to-New-Listings Ratio
36%Above 60% typically favours sellers, below 40% favours buyers — February 2026 sits in buyer’s market territory, up from 32% the year before.
March 2026 GTA Market Snapshot
Average Selling Price
$1,017,796▼ 6.7% vs Mar ’25Detached$1,342,375
Semi-detached$1,008,246
Townhouse$850,266
Condo apt$620,479
Home Sales
5,039▲ 1.7% vs Mar ’255,039 homes changed hands across the GTA in March 2026.
New Listings
14,442▼ 16.7% vs Mar ’25Total, Mar ’2517,340
New listings are pulling back faster than sales — a tightening signal.
Sales-to-New-Listings Ratio
35%Above 60% typically favours sellers, below 40% favours buyers — March 2026 sits in buyer’s market territory, up from 29% the year before.
April 2026 GTA Market Snapshot
Average Selling Price
$1,051,969▼ 4.9% vs Apr ’25Detached$1,372,688
Semi-detached$1,033,469
Townhouse$939,197
Condo apt$635,653
Home Sales
5,946▲ 7.0% vs Apr ’255,946 homes changed hands across the GTA in April 2026.
New Listings
17,097▼ 9.3% vs Apr ’25Total, Apr ’2518,847
New listings are pulling back faster than sales — a tightening signal.
Sales-to-New-Listings Ratio
35%Above 60% typically favours sellers, below 40% favours buyers — April 2026 sits in buyer’s market territory, up from 29% the year before.
May 2026 GTA Market Snapshot
Average Selling Price
$1,069,700▼ 4.6% vs May ’25Detached$1,358,131
Semi-detached$1,067,672
Townhouse$916,474
Condo apt$639,468
Home Sales
6,583▲ 6.3% vs May ’256,583 homes changed hands across the GTA in May 2026.
New Listings
17,698▼ 18.9% vs May ’25Total, May ’2521,830
New listings are pulling back faster than sales — a tightening signal.
Sales-to-New-Listings Ratio
37%Above 60% typically favours sellers, below 40% favours buyers — May 2026 sits in buyer’s market territory, up from 28% the year before.
June 2026 GTA Market Snapshot
Average Selling Price
$1,058,658▼ 3.9% vs Jun ’25Detached$1,364,204
Semi-detached$1,038,973
Townhouse$912,380
Condo apt$630,688
Home Sales
6,770▲ 9.4% vs Jun ’256,770 homes changed hands across the GTA in June 2026.
New Listings
17,282▼ 12.9% vs Jun ’25Total, Jun ’2519,847
New listings are pulling back faster than sales — a tightening signal.
Sales-to-New-Listings Ratio
39%Above 60% typically favours sellers, below 40% favours buyers — June 2026 sits in buyer’s market territory, up from 31% the year before.
July 2026 GTA Market Snapshot
Average Selling Price
$1,003,956▼ 4.5% vs Jul ’25Detached$1,291,690
Semi-detached$964,922
Townhouse$817,213
Condo apt$636,323
Home Sales
5,955▼ 0.9% vs Jul ’255,955 homes changed hands across the GTA in July 2026.
New Listings
14,484▼ 17.8% vs Jul ’25Total, Jul ’2517,623
New listings are pulling back faster than sales — a tightening signal.
Sales-to-New-Listings Ratio
41%Above 60% typically favours sellers, below 40% favours buyers — July 2026 sits in balanced territory, up from 34% the year before.
August 2026 GTA Market Snapshot
Average Selling Price
$993,410▼ 2.7% vs Aug ’25Detached$1,288,669
Semi-detached$931,665
Townhouse$786,817
Condo apt$617,593
Home Sales
5,057▼ 2.1% vs Aug ’255,057 homes changed hands across the GTA in August 2026.
New Listings
12,075▼ 14.1% vs Aug ’25Total, Aug ’2514,052
New listings are pulling back faster than sales — a tightening signal.
Sales-to-New-Listings Ratio
42%Above 60% typically favours sellers, below 40% favours buyers — August 2026 sits in balanced territory, up from 37% the year before.
GTA Average Home Price Trend, Jan ’26–Present
Click any point to jump to that month.
Common Questions About the August 2026 GTA Market
What is the average home price in the GTA in August 2026?
The average GTA home sold for $993,410 in August 2026, down 2.7% compared to Aug ’25, according to the Toronto Regional Real Estate Board.
Is August 2026 a buyer’s or seller’s market in the GTA?
With a sales-to-new-listings ratio of 42%, August 2026 is a balanced market across the Greater Toronto Area.
How many homes sold in the GTA in August 2026?
5,057 homes sold across the GTA in August 2026, down 2.1% year-over-year.
What does a detached home cost in the GTA right now?
The average detached home sold for $1,288,669 in August 2026, versus $931,665 for a semi-detached, $786,817 for a townhouse, and $617,593 for a condo apartment.
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Testimonials
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Gagan is the kind of agent that any house hunter should want working for them. He was very patient with us and worked with us to accomodate our busy schedule when we wanted to view a property. Not only that, but he took the time to point out and explain any issues or blemishes with a property during the viewings. When we finally had an offer accepted, he made the process as smooth and hassle-free as possible. We'd give him a 10-star rating if we could.
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- S.C. (May 2025)
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Professionalism at its peak. Gagan was great to work with, so diligent and proactive. Got me my dream apartment in a matter of weeks. I’d highly recommend working with Gagan.
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- Melroy Pinto (August 2026)
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Gagan was absolutely amazing in helping me purchase my first home! From the very beginning, Gagan was knowledgeable, patient, and always available to answer my questions. He took the time to explain every step of the process and made sure I felt confident and informed throughout. Buying a first home can be overwhelming, but Gagan made the entire experience smooth and stress-free. I’m extremely grateful for his professionalism, dedication, and genuine care, and I would highly recommend him to anyone looking to buy or sell a home.
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- Cynthia O. (January 2026)
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Gagan is an amazing Realtor! He made the buying process smooth, stress-free, and got me the best deal. His market knowledge, negotiation skills, and dedication are unmatched. Highly recommend for anyone looking to buy or sell in the GTA!
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- Vignesh Shenoy (February 2025)
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Gagan worked with us to make our dream a reality. His cool, calm mindset kept my anxiety low and gave me confidence that he would get the job done and he did!
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- Romana Durrani (April 2024)
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Gagan is very calm and enjoyable to work with. He actually listens fully, then takes action right away regardless of the matter at hand. Very professional overall!
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- Thomas Heninger (April 2026)
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Gagan helped me end to end to rent the apartment. Recommend to all who are looking to rent or buy.
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- Sumit Sharma (February 2026)
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I had the pleasure of working with Gagan Gill as my realtor, and I couldn’t be more grateful for his support throughout the process of purchasing my new home. He is extremely nice, humble, and soft-spoken, which made every interaction comfortable and reassuring.
Gagan is always helpful, attentive, and goes the extra mile to ensure everything is handled smoothly. His punctuality is remarkable and he consistently arrived a few minutes early, showing his respect for time and commitment.
Overall, Gagan made the entire experience stress-free and positive. I highly recommend him to anyone looking for a reliable, professional, and genuinely caring realtor.
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- Calvin Manuel (November 2025)
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Gagan is an excellent realtor in helping us find a condo at prime location, now a days it is very tough to find a rental in Toronto. He understood our pain in finding the right one we need. He was very patient and helped me showing plenty of condos without any delay.
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- Abhilash Venkat (January 2023)
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Working with Gagan Gill from Royal Canadian Realty was an absolute pleasure from start to finish. His professionalism, knowledge of the market, and genuine dedication to his clients are truly A1. Gagan took the time to understand exactly what I was looking for and made the entire process smooth and stress-free. His attention to detail and commitment to getting the best results really set him apart. If you’re looking for a trustworthy and results-driven real estate agent, Gagan is the one. Highly recommended!
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- Kajal Sharma (April 2025)
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Gagan is an exceptional realtor with a high capacity of patients to deal with our unique checklist of our Next home. He was nothing but professional, courteous, and above all understanding our needs. His meticulous attention to detail and recommendations along with constructive feedback on every unit to help us assess, the property was very valuable! I would highly recommend other clients looking to partner up with a trusted realtor, to go ahead and work with Gagan. We had an absolute pleasure working with him.
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- Arjun Rijhwani (March 2025)
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I had wonderful experience with Real Estate transaction with Gagan Gill. I’m working with his firm for almost 10 years and every time I got outstanding services and professional dealing in every aspect of investment . I highly recommend.
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- Kumar Reddy (May 2026)
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Gagan was amazing in helping us find our first home! He’s a genuinely kind and honest person who truly cares about his clients' happiness. During every showing, he took the time to point out both the pros and cons of each property, which was incredibly helpful. I’m so grateful for his guidance and will definitely consult him for any future real estate needs. Highly recommend!
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- Niki P. (March 2025)
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Sales Rep Gagandeep Gill helped us in finding a very good property that matches our requirements and affordability. In finding properties that suits our requirements, Gagan worked tirelessly and scrutinized all properties available in York, Durham and other regions. He was very flexible with time even when both husband and wife are working on 2 different time schedules, Gagan make possible so that both see the property. Hats off for his professionalism and dedication.
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- Sujith Dematagoda (June 2021)
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My mother and I had a great experience working with Gagan and the Royal Canadian Realty team. He answered many of our questions and kept us informed throughout the whole process. Whenever we needed clarification, he answered us thoroughly. He is very approachable and professional.
We appreciate the guidance and support!
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- Jersey DJ (June 2024)
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Gagan was incredibly helpful throughout our home search journey. He shared every detail honestly and transparently, which helped us make informed decisions with confidence. He was always available to answer questions, provided valuable advice, and made the entire process smooth and hassle-free.
As a family moving to a new place, we really appreciated his patience, professionalism, and commitment. I would definitely recommend Gagan Gill to anyone looking for a realtor who genuinely cares about his clients. Thank you for all your help!
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- Bhavneet Rana (June 2026)
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Gagandeep was instrumental in the purchase of my first property. He was very knowledgeable and informative throughout the whole process, with fast and accurate responses. I honestly do not know how I would have been able to complete the process without his assistance and his brokerage’s access to mortgage advisors and lawyers.
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- Andrew D (August 2026)
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Gagan has been absolutely fantastic in finding the right property for us! Finding a good buying agent with your best interest in mind is not easy, but Gagan made our needs and values a priority. He truly is a remarkable agent and keeps you well informed throughout the entire process. I cannot recommend him enough!
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- Dario Sunseri (March 2024)
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I had a fantastic experience working with Gagan. From our very first meeting, he was attentive, knowledgeable, and genuinely cared about finding the right place for me. He listened closely to my needs, provided great options, and was always quick to answer my questions or set up viewings-even on short notice. The leasing process felt smooth and stress-free thanks to his professionalism and attention to detail. I truly appreciated his patience and guidance. I highly recommend him to anyone looking for a reliable and supportive real estate agent!
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- Darshan Ruparel (May 2025)
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Gagan Gill is the best realtor I have ever worked with. Very pro-active with sending listings and booking viewings. He was so patient throughout with househunt , I have been so picky yet Gagan never expressed even a tad bit of boredom lol. In short , don’t think twice before signing up with Gagan :)
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- Suchismita Mishra (May 2023)
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I had an excellent experience working with this broker. They were professional, knowledgeable, and always available to answer my questions. The entire process was smooth and transparent, and they truly went above and beyond to make sure everything was handled properly. I would highly recommend their services to anyone looking for a reliable and trustworthy broker.
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- Dorina Gordani (February 2026)
Toronto Real Estate Board (TRREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
