10/27/2026
The Toronto & GTA market is shifting. Here's what it means for you.
The quick picture (TRREB, September 2026):
Average GTA price: $1,006,409, down 5% from last year...
Sales: down about 10%
New listings: down about 14%
Buyers are cautious, and fewer homes are coming to market. That creates opportunity on both sides.
If you're buying:
✔️ Get pre-approved first so you can move quickly on the right home
✔️ Ask about incentives, closing dates, or repairs, not just price
✔️ Look closely at homes that have been sitting.
Those sellers are often more flexible
Waiting isn't risk-free. With fewer new listings, prices can move quickly once buyers return
If you're selling:
✔️ Price it right from day one. Overpriced homes go stale
✔️ Prep and presentation matter more when buyers are taking their time
✔️ Use recent sold prices in your neighbourhood, not last year's headlines
Be ready to negotiate.
Every situation is different. Text or call Andrew Fernando at 647-467-0060 for a market breakdown for your neighbourhood.
RE/MAX West Realty Inc.