10/07/2026
Greater Toronto Area housing update (September 2026):
🏡 5,040 home sales, down 9.0% YoY
📉 26,131 active listings, down 9.3% YoY
💰 Average selling price: $1,006,409, down 5.1% YoY
📊 MLS® HPI Composite benchmark: down 4.7% YoY
The Greater Toronto Area resale housing market remained cautious in September 2026 compared to September 2025. Home sales declined year-over-year, while new listings also decreased substantially.
GTA REALTORS® reported 5,040 home sales through TRREB’s MLS® System in September 2026, a decrease of 9.0% compared to September 2025. New listings entered into the MLS® System amounted to 16,500, down 14.4% year-over-year.
The average selling price was $1,006,409, down 5.1% compared to September 2025. The MLS® HPI Composite benchmark was down 4.7% year-over-year.
Homebuyers remained cautious in September, with economic uncertainty, inflation and borrowing costs continuing to weigh on market activity. At the same time, the number of homes available for sale was lower than a year ago, creating a more balanced supply picture.
📞 For more information about buying, selling, or investing in real estate, call 416-508-6746.