GTA at a glance
February continued the pattern we have seen through early 2026: prices softer year over year, fewer sales, and listings also coming down as sellers wait for clarity on spring demand.
What this means for you
Buyers: Less competition than you would face in a hot spring market. Well priced, move in ready homes are still attracting multiple offers, but there is real negotiating room on properties that have been listed a week or more.
Sellers: Pricing strategy matters more than ever. Overpriced homes are sitting. Well staged, sharply priced listings are still moving. A pre listing conversation about pricing is the single best investment you can make right now.
Investors: Cap rates are finally making sense again on condos in the core. We are watching inventory weekly for opportunities in Mississauga, Etobicoke, and Scarborough.
Recent monthly recaps
A quick scan of the last few months. For the full story behind each month, see the corresponding newsletter.
February 2026 Numbers Recap
GTA average price $1.01M, sales down 4%, listings down 11% year over year. Market leans balanced to buyer friendly. Plus spring maintenance tips.
January 2026 Numbers Recap
Sales down roughly 20% year over year as buyers waited for rate clarity. Featured listing: 4326 Waterford Cres, Mississauga.
2025 Year in Review
Approximately 62,000 GTA transactions in 2025, roughly 34% below the long run normal of 93,000. Plus welcome to Ghada Farah on the team.
December 2025 Market & Rate Update
Prime rate at 4.45%, 180,000 new jobs added nationally, and a fresh look at fixed and variable mortgage rates going into the new year.