Toronto home prices were ↓0.1% MoM in Mid-Q3, showing a slight pause in recent market movement rather than a major price reset.
Toronto resales were ↓2.1% yearly in Mid-Q3, indicating activity remained softer than a yr earlier even as the monthly price change stayed minimal.
Toronto's Mid-Q3 data showed prices barely moved while sales stayed below a yr earlier, pointing to a market adjusting gradually instead of shifting sharply.
For Toronto, the latest cooling fit a broader view that Mid-Q3 marked a pause, with only a marginal monthly price dip overall.
Looking ahead, expectations called for stabilization through the rest of 2026 and into 2027, though Toronto's path was still part of a regionally uneven recovery.
Category: Latest Posts
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Toronto Home Prices Edge Lower
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Toronto Buyers Are Combining Condo Units
In Toronto's tough presale market, two condo projects have still attracted buyers by focusing on end users, not the fast-moving investors who once dominated.
A boutique project near Yorkville and the Annex is ~40% sold, with many buyers combining smaller suites into homes averaging ~$3M before customization.
A north Toronto project is ~35% sold after cutting planned units to ~500, creating more spacious layouts, including many two-bedroom and some three-bedroom homes.
Both projects have leaned into downsizer demand, with buyers seeking luxury or better livability, while accepting a slower sales cycle than Toronto's past boom.
One Toronto project is building with its own capital despite modest presales, while the other targets construction in 2027 after reaching financing thresholds. -
GTA Homebuyers Enjoy More Choices with Longer Listings
There's no question the GTA market has shifted—homes are now taking 3-4 times longer to sell than they did in 2022. Condos, for example, are sitting an average of 36 days on the market. With more inventory available and less buyer demand, every type of property is feeling the impact.
As someone who has navigated every kind of market across Toronto, Brampton, Mississauga, and beyond, I understand how these changes can create uncertainty for families looking to move forward with their real estate plans. My proven home selling system is designed to put more money in your pocket, in less time, even when the market is moving slower. On average, my listings sell in just 11 days—compared to the TREB average of 25—because I believe every client deserves a tailored strategy that delivers results, not excuses.
If you're wondering how to achieve a great outcome in a market where properties linger, know that experience and the right approach make all the difference. My commitment is always to guide you through each step, minimizing inconvenience and maximizing value—because your investment deserves nothing less.
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Here’s how long homes are taking to sell now in southern Ontario
Curious about how long homes are taking to sell in southern Ontario these days? Market activity has certainly shifted—condos are now averaging 36 days on market, and we’re seeing longer timelines for semi-detached, detached, and townhomes as well. Townhouses remain a favorite, typically coming in around $900K, while detached homes are averaging $1.2M.
From my experience helping families throughout the GTA, I know how important it is to get your home sold efficiently and for top value. My home selling system is designed to minimize inconvenience and maximize your bottom line—even as average market times rise, I consistently deliver faster results. Navigating these changes takes a strategic approach and a deep understanding of our local neighborhoods. If you’re looking to make a move, let’s ensure you’re set up for success.
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Thinking about underpinning? What GTA homeowners should know before digging down
Underpinning your basement to create a full-height space is becoming a popular trend among GTA homeowners aiming to maximize their living area. If you’re considering this route, it’s important to know that underpinning is a detailed and costly process—permits, engineering, extensive waterproofing, and a timeline of 4-8 weeks are all part of the package. You’ll also want to keep your neighbours in the loop before work begins.
Having helped families across Toronto, Brampton, Mississauga, Caledon, and Halton Hills turn houses into dream homes, I always encourage clients to be well-informed before making structural changes. The right preparation protects both your investment and your peace of mind. My approach is built on integrity and careful attention to every detail, ensuring you’re supported from start to finish—whether you’re buying, selling, or reimagining your space. If you have questions about how these types of renovations could impact your home’s value or your next move, I’m always here to provide experienced advice backed by proven results.
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Toronto Home Prices Slip Below $1M
Toronto home prices have dipped just below the $1M mark, with the latest average coming in around $993,000—a roughly 3% decrease compared to last year. For families hoping to improve affordability, this is a welcome shift. However, new listings are down about 14% to 12,100, which means there are fewer choices for buyers navigating the market. Over 5,000 homes changed hands in this period, representing a modest 2% drop in sales, and with inventory tightening, competition among buyers may intensify and help support values moving forward.
As someone who has watched the GTA market evolve over many years, I know how quickly conditions can shift. Stable mortgage rates and solid economic news are giving some buyers extra breathing room, yet uncertainty over future borrowing costs and economic factors can hold others back from making a move. If inventory remains tight and prices start to climb, we might see buyers act more decisively, and sellers could be encouraged to list, creating a more dynamic market for all involved.
Having helped so many families secure the right home and achieve their property goals—often in less time and with greater value—I always keep a close eye on these trends so my clients are prepared to make the best possible decisions. Navigating these changing conditions requires experience, strategy, and a commitment to your interests above all else.
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Ontario HST Rebates Boost New Home Sales
Ontario’s temporary HST relief on new homes has once again highlighted how meaningful tax reductions can bring affordability within reach, drive sales, and boost buyer confidence. As someone who has seen firsthand how every dollar counts for families making the biggest investment of their lives, I know that rising material and labour costs, slow municipal approvals, and a mountain of government fees all add up, making it even tougher for both buyers and builders to navigate the market. While this short-term relief was a step in the right direction, delays in rollout and complicated application processes meant that many homebuyers and builders were left waiting on the sidelines, and the hoped-for boost in housing activity was limited.
Highrise condo developments faced even greater challenges, since their long timelines make quick-fix tax programs less effective. The industry’s call for permanent HST relief—ideally removing the tax from new homes altogether—reflects what I hear from my clients every day: real solutions are needed to hit Ontario’s goal of 1.5 million new homes by 2031. My experience in the GTA market has shown me that policies supporting long-term affordability help families move into their dream homes with less hassle and more value. As always, my focus remains on guiding clients through these changing conditions to ensure their real estate journey is a successful one.
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Happy Thanksgiving
The perfect opportunity to embrace your inner "foodie" and unbutton your pants at the dinner table!In Canada, post-Thanksgiving is all about creative cranberry sauce solutions. Cranberry sauce pancakes, anyone?It's that time when multiple ovens are a blessing. Turkey, pies, casseroles – less stress!
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2026 Brampton Farmers’ Market
Mark your calendar for the 2026 Brampton Farmers’ Market, opening Saturday, June 13, at Downtown Brampton. With free admission and a lively community atmosphere, it is an easy way to make local shopping part of your weekend routine.
Every Saturday through October 10, visitors can browse fresh seasonal produce, prepared foods, handcrafted goods and products from local vendors. Whether you are picking up ingredients for the week, searching for a unique gift or meeting friends for a casual outing, the market offers something for everyone.
As a Brampton real estate agent, I love highlighting the neighbourhood experiences that help make our community feel like home. Supporting local makers and businesses is also a wonderful way to connect with neighbours and experience the best of downtown.
Save the date, invite someone to join you and plan a Saturday visit. For event details, schedules and updates, visit the official Brampton Farmers’ Market page.
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Greater Toronto Buyers Find Value as Home Prices Adjust
August 2026 brought a shift in the GTA real estate landscape: 79.3% of homes in the Greater Toronto Area sold below their asking price, with a median discount of 3%. The average sale price came in at $855,000, reflecting a 1.16% decrease from July and a 4.79% dip compared to last year. It’s clear that negotiation is playing a bigger role than ever, and outcomes can vary widely by home type and location.
Having helped families across Toronto, Brampton, Mississauga, Caledon, and Halton Hills for over 13 years, I’ve seen markets evolve—and I know firsthand that results are never just about the numbers. My proven home selling system is designed to put more money in your pocket in less time, regardless of market trends. With a track record that includes a 99.05% list-to-sell ratio and an average of just 11 days on market, I’m committed to helping clients navigate changing conditions with confidence and success. Negotiation is an art—and it’s one I take seriously to deliver value for every client.
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