GTA Half-Year Market Outlook · 2026
GTA Half-Year Market Outlook · 2026

A cooler market, unevenly shared.

Across the Greater Toronto Area, prices eased through the first half of 2026. Entry-level homes kept moving. Everything above $1.2 million slowed, most sharply at the very top.
Median sold price
$886,000
▾ 6.6% YoY
Homes sold
30,344
▾ 0.4% YoY
Days on market
20
▴ 3 days
Share of asking price
97.3%
▾ 0.7 pts
Luxury sales ($3M+)
587
▾ 8.7% YoY
Entry-level sales (≤$1.2M)
21,644
▴ 5.1% YoY
The first half, in one line

Six months, every one below last year

The region's median sold price followed its usual spring climb, rising from $840K in January to $920K in May before easing in June. Every month, though, sat below the same month a year earlier. At the half-year mark the median stood at $886,000, down 6.6 per cent from the first half of 2025.
January
June
Greater Toronto Area median sold price, by month. The solid line is 2026; the dashed line is the same months in 2025.
The lake still fills up on a Saturday.
Toronto Islands · Summer 2026
Where it landed

Prices eased in every region

No corner of the region held its ground entirely. York Region saw the steepest give-back, its median off 8.8 per cent, while Halton held up best at 3.0 per cent. Toronto itself settled 7.3 per cent lower. The pullback was broad. Its depth varied by geography.
York
-8.8%
Toronto
-7.3%
Peel
-6.8%
Durham
-5.4%
Halton
-3.0%
Change in median sold price, H1 2026 vs H1 2025. Five GTA regions.
The uneven part

The higher the tier, the sharper the cooling

Entry-level homes were the exception: sales under $1.2 million rose 3.0 per cent. One step up, the middle took the half's deepest cooling below the very top. Sales between $1.2 million and $3 million fell 14.2 per cent, took 17 days to firm up against 15 a year earlier, and closed at 96.9 per cent of asking, down from 97.6. Above $3 million the thinning continued, and at the very top it was steepest: nine homes changed hands above $10 million in the half, and those that did took 124 days to sell, up from 73.
< $1.2M
+3.0%
$1.2M–$3M
-14.2%
$3M–$5M
-7.8%
$5M–$7M
-6.2%
$7M–$10M
-19.2%
$10M+
-35.7%
Change in home sales by price tier, H1 2026 vs H1 2025. All property types, grouped by sold price, so every tier is measured the same way.
Every community tells the story differently.
Port Credit, Mississauga · Summer 2026

Every region, every community

42 pages · 5 regions · 28 municipalities · 158 Toronto communities
The full report breaks each of them down with its own half-over-half comparison and trend. Unlock the download with your email, or sign in if you already have an account.
Email address
Already have an account? Sign in to download instantly.

The five regions at a glance

Region
Median price
vs H1 2025
Homes sold
vs H1 2025
Days to sell
Toronto
$830,000
-7.3%
11,794
-1.5%
20
York
$1,062,444
-8.8%
5,616
+6.1%
21
Peel
$862,250
-6.8%
5,426
+2.7%
22
Durham
$799,000
-5.4%
3,922
-8.0%
16
Halton
$1,033,500
-3.0%
3,586
-1.4%
20
Counts of homes for sale and months to sell out are a snapshot in time and are not compared year over year in this report.
Data source: Toronto Regional Real Estate Board (TRREB) VOW feed. Figures reflect firm sales by purchase contract date, first half (January to June) of 2025 and 2026. Listing data © TRREB. Presented by First Access Signals, THE AGENCY, Brokerage.
The big picture

A market that rewards the well-timed move.

The first half of 2026 rewarded buyers with more choice and sellers who read their own street rather than the headlines. The second half starts from a lower base, a steadier rate picture, and an entry-level market that never stopped moving. Whichever side you are on, the numbers in this report are the place to start.

Take the market with you

Live Signals and saved-home alerts, free on iPhone and Android.