08/06/2026
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๐ช๐ก๐ฎ 2026 ๐๐๐ง๐ ๐๐ฉ ๐๐๐ฉ๐๐: ๐๐ช๐ฅ๐ฅ๐ก๐ฎ ๐ฟ๐ง๐ค๐ฅ๐จ ๐๐๐๐ก๐ ๐๐๐ก๐๐จ ๐๐ค๐ก๐ ๐๐ฉ๐๐๐๐ฎ!
The Toronto Regional Real Estate Board (TRREB) numbers for July 2026 are officially in, and the trends point toward a tightening market as inventory continues to fall across the GTA.
Here is the breakdown of what happened this July compared to last year:
Inventory Retracting Big Time
๐ธ New Listings dropped -17.8% (14,484 down from 17,623).
๐ธ Active Listings decreased -12.1% (26,098 down from 29,707).
Sales Volume Steady:
๐ธ Sales remained practically flat with a minor -0.9% adjustment (5,995 transactions), showing resilient buyer demand despite lower inventory.
Price & Days on Market:
๐ธ Average Price: Adjusted to $1,003,956 (-4.5% YoY), holding right near the $1M benchmark.
๐ธ Days on Market: Properties averaged 32 Listing Days on Market (LDOM), indicating a steady, well-paced market environment.
๐ก ๐พ๐๐๐ ๐
๐๐๐ ๐๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐?
For Sellers: Fewer new listings hitting the market means significantly less competition. Well-priced, turnkey properties are standing out to motivated buyers.
For Buyers: The stabilizing average price gives buyers a strategic window to act before the autumn rush, even as overall inventory tightens.
Navigating shifting market conditions requires localized insights and a tailored plan. Letโs sit down and discuss what these numbers mean for your specific neighborhood!
๐ฑ ๐ด๐๐๐๐๐ ๐บ๐๐๐
| Broker, MBA, ABR, SRS, CNE
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๐ ๐ฐ๐ญ๐ฒ-๐ฎ๐ณ๐ด-๐ณ๐ฒ๐ฒ๐ฏ ๐ RE/MAX GOLD Realty Inc., Brokerage
๐ www.muneebsyed.com
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