In August 2026, the average home price in the GTA dipped just below $1 million for the second time this year—a noteworthy moment for our local market. Detached homes averaged $1.29M, semis at $932K, townhouses at $787K, and condos at $618K. We also saw sales drop 2.1% and prices slip by 2.7%, with new listings down 14.1%. Having spent years guiding clients through both residential and commercial transactions in our area, I know that these shifts often signal new opportunities and challenges. My focus remains on providing the insight and strategies clients need to navigate this evolving landscape with confidence.
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