06/03/2026
【May 2026 GTA Real Estate Highlights📊】
‧ Sales: 6,583, up 6.3% year-over-year
‧ New Listings: 17,698, down 18.9% year-over-year
‧ Average Price: $1,069,700, down 4.6% year-over-year
🏡 Market Trends
‧ Sales continued to improve as more buyers returned to the market.
‧ New listings declined significantly, reducing available inventory.
‧ Home prices edged up month-over-month, showing signs of stabilization.
📌 TRREB Insights
‧ Improved affordability driven by lower borrowing costs is supporting demand.
‧ If listings remain constrained, prices could level off and trend higher.
‧ Policy reforms aimed at accelerating housing construction may help improve supply.
📌 Source
https://trreb.ca/market-data/market-watch/
RealEstateNews SpringMarket