06/03/2026
ăMay 2026 GTA Real Estate Highlightsđă
â§ Sales: 6,583, up 6.3% year-over-year
â§ New Listings: 17,698, down 18.9% year-over-year
â§ Average Price: $1,069,700, down 4.6% year-over-year
đĄ Market Trends
â§ Sales continued to improve as more buyers returned to the market.
â§ New listings declined significantly, reducing available inventory.
â§ Home prices edged up month-over-month, showing signs of stabilization.
đ TRREB Insights
â§ Improved affordability driven by lower borrowing costs is supporting demand.
â§ If listings remain constrained, prices could level off and trend higher.
â§ Policy reforms aimed at accelerating housing construction may help improve supply.
đ Source
https://trreb.ca/market-data/market-watch/
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