GTA Market Stats
Monthly snapshot of what's happening across Toronto and the GTA.
Updated: August 2026Source: TRREB
Market Overview, August 2026
GTA home sales slipped 3.0% year-over-year in August 2026 to 5,057 transactions, while the average selling price fell 2.8% to $993,410 as buyer demand remained subdued heading into fall. New listings contracted sharply — down 14.0% to 12,075 — tightening the sales-to-new-listings ratio to 37.5% from 34.5% a year ago, with active inventory down 11% to 24,482. Supply contraction is providing a floor for prices in York Region's eastern corridor, where Markham/Richmond Hill and Vaughan posted year-over-year price gains, while Mississauga and the broader 905 market continue to face downward price pressure.
| Area | Avg Price | YoY | Days on Market | List-to-Sale | Months Supply |
|---|---|---|---|---|---|
| City of Toronto | $979,684 | -1.2% | 35d (+1) | 97% | 4.6 |
| 905, All | $1,000,782 | -3.6% | 35d (+2) | 97% | 4.6 |
| Mississauga | $898,510 | -7.2% | 36d (+2) | 97% | 4.8 |
| Oakville / Burlington | $1,176,537 | -5.3% | 39d (+1) | 96% | 4.3 |
| Vaughan / Woodbridge | $1,234,758 | +2.0% | 33d (+0) | 97% | 4.9 |
| Markham / Richmond Hill | $1,207,633 | +2.1% | 34d (+-1) | 97.6% | 4.6 |
| Brampton | $886,865 | -4.1% | 35d (+3) | 96% | 4.8 |
| Durham Region | $819,569 | -4.8% | 31d (+4) | 98% | 3.4 |
Under 2 months supply = seller's market2–4 months = balanced marketOver 4 months = buyer's marketList-to-Sale = sale price as % of list price
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