06/03/2026
TRREB’s Market Watch Report for May 2026 Now Released 👀
GTA REALTORS® reported 6,583 home sales through TRREB’s MLS® System in May 2026 – an increase of 6.3% compared to May 2025. New listings entered into the MLS® System amounted to 17,698 – down by 18.9% year-over-year.
On a seasonally adjusted basis, May 2026 home sales were up by 10% month-over-month compared to April 2026 and new listings were down by 2.1% – pointing to a monthly tightening of market conditions as well.
The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by 6.7% year-over-year in May 2026. The average selling price, at $1,069,700, was down by 4.6% compared to May 2025. On a month-over-month seasonally adjusted basis the average selling price was up slightly compared to April 2026 and the MLS® HPI Composite edged slightly lower.
🔍 Market Stats Quick Overview (Data compared to May 2025):
📎 Total Sales: 6,583 ⬆6.3%
📎 Avg Sold Price: $1,069,700 ⬇4.6%
📎 Avg DOM: 27 days ⬆8.0%
📎 New Listing: 17,698 ⬇18.9%
Source:
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