11/09/2026
📊 GTA Market Update: November 2026 (October results)
Buyers, you have more negotiating room than you might think. Sellers, there’s less competition from other listings. Here’s what October looked like across the GTA:
🏡 5,603 sales, down 7.9% from last October
💲 $1,024,108 average price, down 2.7% (benchmark down 4.3%)
📋 New listings down 11.9% and active listings down 10%
Different home types are behaving very differently:
✅ Semi-detached: 101% of asking, about 22 days to sell
✅ Freehold townhomes: 99% of asking
⚖️ Detached: 97% of asking
🔑 Condo apartments: 97% of asking, about 38 days, which leaves the most room to negotiate
Seasonally adjusted, sales and prices both edged up from September. One month doesn’t make a trend, but we’re watching it closely.
On rates, posted 5-year mortgage rates averaged 6.19% in October. That’s not what most qualified borrowers actually pay, so get a real quote before you decide you’re priced out.
👇 Tell us in the comments: are you planning to buy, sell, or wait in 2027?
Want the numbers for your street? Send us a message and we’ll put together a free neighbourhood breakdown.