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Toronto Real Estate Board May MLS sale statistics:
- GTA single family home sales including condominiums 6583.
- Volume - up 6.2%, compared to May 2025 - 6195 sales.
- Volume - up 11% sales compared to April 2026 - 5930 sales.
- Average price of a GTA single family home - $1,032,238.
- Down 3.3% from 2025's average price of - $1,067,846.
(The GTA is Burlington to Clarington, Lake Ontario to Lake Scugog)
“Inventory levels trended lower over the past year, but buyers continued to have substantial negotiating power through the spring, helping with affordability. Looking ahead, if sales strengthen further relative to listings, selling prices will level off and even start to grow as we move into 2027,” 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.
- May 2026 20-45% 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 May residential resale market was dificult and mixed.
- Some properties remain unsold after months or even two years.
- Some under priced or reasonably priced homes sold in "bidding wars".
- The condominium yearly price comparsion shows a decrease of 6%.
- TRREB president David Steinfeld forecasts sales to improve further.
May Average Prices:
| Detached 416 : $1,610.988 |
Detached 905: $1,268,625 |
| Semi-detached 416 : $1,293,268 |
Semi-Detachec 905: $871,230 |
| Townhouse 416 : $953,982 |
Townhouse 905: $812,392 |
| Condo 416: $673,841 |
Condo 905: $573,531 |
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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
|
$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
|
$1,018,849
|
|
1989
|
$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
|
|
|
|
1992
|
$214,971
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2011
|
$465,014
|
|
|
|
1993
|
$206,490
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2012
|
$497,130
|
|
|
|
1994
|
$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
|
$243,255
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2019
|
$819,279
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|
|
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2001
|
$251,508
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2020
|
$929,636
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|
|
|
2002
|
$275,231
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2021
|
$1,095,475
|
|
|
|
2003
|
$293,067
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2022
|
$1,190,749
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|
|
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2004
|
$315,231
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2023
|
$1,126,263
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|
|
|
2005
|
$335,907
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2024
|
$1,120,241
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