It’s a good time to buy a home (not so good to sell)

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)