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Toronto Real Estate Board August MLS sale statistics:
- GTA single family home sales including condominiums 5057.
- Volume - down 2.1%, compared to August 2025 - 5168 sales.
- Volume - down 15.6% sales compared to July 2026 - 5995 sales.
- Average price of a GTA single family home - $1,027,505.
- Down 3.7% from 2025's average price of - $1,067,741.
(The GTA is Burlington to Clarington, Lake Ontario to Lake Scugog)
“Ownership housing in the GTA has remained relatively affordable over the past year, with average prices dipping and mortgage rates remaining somewhat flat. Recent news on the overall economy and job creation has been positive. The main hold-back for many households has been concerns around trade with the United States and the potential for higher inflation and borrowing costs in the future,” said TRREB’s Chief Information Officer Jason Mercer.
We track MLS sales daily.
- November 2016 to May 30th 2017, 90% of central district properties sold over asking price.
- August 2026 10-40% of central district properties sold for over asking price daily. (Based on district.)
(Central districts cover the Lake to York Mills, and the Humber River to Victoria Park.)
The August residential resale market was mixed.
- Some properties remain unsold after months or even two years.
- Some under priced or reasonably priced homes sold in "bidding wars".
- According to TRREB President Daniel Steinfeld - "if inventory tightens and home prices begin to rise, some buyers may face a trade-off between waiting for greater economic certainty and purchasing before prices move higher."
August Average Prices:
| Detached 416 : $1,525,749 |
Detached 905: $1,218,148 |
| Semi-detached 416 : $1,110,639 |
Semi-Detachec 905: $830,033 |
| Townhouse 416 : $797,856 |
Townhouse 905: $786,847 |
| Condo 416: $651,648 |
Condo 905: $617,593 |
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1987
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$189,105
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2006
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$351,941
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2025
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$1,067,882
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1988
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$229,635
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2007
|
$376,236
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2026
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$1,018,741
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|
1989
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$273,688
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2008
|
$379,347
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|
|
|
1990
|
$255,020
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2009
|
$395,460
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|
|
|
1991
|
$234,313
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2010
|
$431,276
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|
|
|
1992
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$214,971
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2011
|
$465,014
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|
|
|
1993
|
$206,490
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2012
|
$497,130
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|
|
|
1994
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$208,921
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2013
|
$522,958
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|
|
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1995
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$203,028
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2014
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$566,624
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|
|
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1996
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$198,150
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2015
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$622,120
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|
|
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1997
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$211,307
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2016
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$729,837
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|
|
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1998
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$216,815
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2017
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$822,572
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|
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1999
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$228,372
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2018
|
$787,865
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|
|
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2000
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$243,255
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2019
|
$819,279
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|
|
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2001
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$251,508
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2020
|
$929,636
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|
|
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2002
|
$275,231
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2021
|
$1,095,475
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|
|
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2003
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$293,067
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2022
|
$1,190,749
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|
|
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2004
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$315,231
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2023
|
$1,126,263
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|
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2005
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$335,907
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2024
|
$1,120,241
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