Market Data

Will GTA Home Prices Fall Further in 2026?

Short answer: likely yes, but mildly, and this looks more like a slow bottoming than a second leg down. According to TRREB (2026), the average GTA selling price in May 2026 was $1,069,700, down 4.6% year-over-year, while CMHC (2026) forecasts the GTA aggregate price to fall roughly 4.5% year-over-ye

Reading TRREB/CREA Data Yourself: 4 Metrics That Tell You If It’s a Buyer’s or Seller’s Market

You don't have to wait for someone to interpret it for you — four metrics are enough. The two that matter most are months of inventory (MOI) and the sales-to-new-listings ratio (SNLR), cross-checked with average vs. median price and days on market (DOM). According to CREA (2026), an SNLR above 60% l

Average Price or Median Price? The Trap Hiding in Every Real Estate Headline

Boards like TRREB usually headline the average sold price, but the average is easily pulled up by a few luxury sales. The median is the price of the literal middle home and better reflects what a typical buyer feels. Here's the difference, the traps in each, and why CREA's MLS HPI benchmark is the most reliable read for trends.

The 2026 Detached Market Is Turning: Sales Up, Prices Still Soft — What That Means

In May 2026 the average GTA detached home sold for $1,358,131, down 4.7% year-over-year, yet sales rose 9.0% — the strongest of any home type. Here's how to read the detached market's 'volume up, price down' divergence using TRREB data.

Toronto Condos in 2026: Is Now the Time to Buy the Dip?

GTA condo prices fell 6.4% year-over-year to $639,468 in May 2026, yet sales are recovering and the Bank of Canada has held rates at 2.25%. Here's how to read TRREB's latest data and decide whether to buy a condo now.

What the High-Interest-Rate Era Taught Canadian Homebuyers

From the 2022 rate hikes to the 2025 cuts, Canada's mortgage rates went full circle. A Toronto broker's five real lessons: the stress test, the renewal wave, fixed vs variable, and why your buffer matters more than the headline rate.

Shadow Inventory in Toronto’s Condo Market: The Supply You Don’t See

Beyond the condos listed on MLS, Toronto's market carries a large pool of “shadow inventory”: unsold pre-construction units, developer-held stock, completed-but-unlisted condos, and investor units waiting to list. Here's what it means, how big it is, how it differs from active listings, and what 2026 buyers and sellers should understand.

The Rate Cycle in Review: From 5% to 2.25%, Three Lessons for Buyers

The Bank of Canada's policy rate raced from near-zero in 2022 to about 5% in 2023, then eased back to 2.25% and held there into 2026. Here's a review of the cycle and three practical lessons for homebuyers.