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Toronto Real Estate Board January MLS sale statistics:
- GTA single family home sales including condominiums 3082.
- Volume - down 19.3%, compared to January 2025 - 3820 sales.
- Volume - down 16% sales compared to December 2025 - 3686 sales.
- Average price of a GTA single family home - $973,289.
- Down 8.8% from 2024's average price of - $1,068,013.
(The GTA is Burlington to Clarington, Lake Ontario to Lake Scugog)
“With the cost of borrowing flattening out, affordability gains in 2026 will largely be seen on the pricing front, as buyers continue to benefit from negotiating power. A boost in consumer confidence could see buyers move off the sidelines later this year, which could provide support for home prices as market conditions tighten up,” said TRREB 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.
- January 2026 0-45% 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 January residential resale market was soft market and a mixed one.
- Some properties remain unsold after months or even two years.
- Some under priced or reasonably priced homes sold in "bidding wars".
- The City of Toronto is introducing a new graduated Municipal Land Transfer Tax for high value residential properties effective for transactions registered on or after April 1st 2026.
- The Bank of Canada maintains policy rate at 2.25%.
January Average Prices:
| Detached 416 : $1,541,791 |
Detached 905: $1,205,859 |
| Semi-detached 416 : $1,146,188 |
Semi-Detachec 905: $840,356 |
| Townhouse 416 : $876,585 |
Townhouse 905: $804,860 |
| Condo 416: $631,932 |
Condo 905: $551,166 |
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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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$1,067,968
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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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$973,289
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|
1989
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$273,688
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2008
|
$379,347
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|
|
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1990
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$255,020
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2009
|
$395,460
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|
|
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1991
|
$234,313
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2010
|
$431,276
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|
|
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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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|
|
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1994
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$208,921
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2013
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$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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1998
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$216,815
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2017
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$822,572
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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
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$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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2005
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$335,907
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2024
|
$1,120,241
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