Category: Uncategorized

The average GTA home price In January 2026 is $973,289, 6.5% lower than last year same month. Homes are taking longer to sell: 50 days on the market as an average.
More details on average prices:
Detached: $1,277,915 (↓ 7.4% compared to January 2025
Semi-detached: $945,967 (↓ 9.7% Year over Year)
Townhomes: $819,543 (↓ 9.4% Year over Year)
Condominiums: $604,759 (↓ 9.8% Year over Year)

3,082 homes sold in January, down 19.3% compared to January 2025. The average GTA home price at $973,289, a 6.5% year-over-year decline. Homes are taking longer to sell: 50 days in average.
Sales by Property Type:
Detached: $1,277,915 (↓ 7.4% year over year / ↓ 2.0% month over month)
Semi-detached: $945,967 (↓ 9.7% YoY / ↓ 1.2% MoM)
Townhomes: $819,543 (↓ 9.4% YoY / ↓ 5.0% MoM)
Condominiums: $604,759 (↓ 9.8% YoY / ↓ 3.7% MoM)

A buyers’ market! Something new for all of us realtors, after so many years of a sellers’ market, with prices going up day after day, bidding wars for each decent property.
Now buyers have plenty of choices, numerous properties for sale, houses as well as condos, and mortgage rates are coming down. Sellers have to admit the new reality that their house is not worth as much as they thought. Prices are kind of flat, or lower than last year.
But experiences realtors kept busy through the year. There are people who need to move, or sell the home of a deceased relative, and there are always people in need of buying a home. What counts is this: the people, the sellers and the buyers, how we can help you, practically and emotionally to go through this journey.