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As someone who’s spent the last 16 years guiding clients through the GTA’s ever-changing real estate landscape, I pay close attention to market shifts that impact your next move. Recent data for Q2 2026 shows GTA condo sales up by 8.8%, while both new and active listings have dropped—by 19.0% and 15.4% respectively. The average condo price has dipped 7.5% to $634,972, which has actually helped improve affordability for many buyers and sparked more activity. If you’re considering a purchase or sale, these trends could mean more opportunities and a more balanced market ahead. As we look toward 2027, this uptick in sales may help stabilize prices moving forward. My approach is always to interpret these numbers for your unique situation, so you can make informed decisions with confidence.

July brought another strong month for low-rise new home sales in the Greater Toronto Area, as buyers continued to take advantage of the HST rebate program. Sales have now outpaced the 10-year average for four consecutive months—a trend that speaks to both market momentum and the opportunities available for those making a move. In July alone, there were 1,018 sales, with single-family homes performing especially well—up 50% above the average. Condo sales saw a significant boost too, climbing 40% year-over-year. With over 16 years guiding clients through these kinds of market shifts, I know how important it is to stay informed and seize the right moment. As always, I’m here to help make sense of the numbers and ensure your next step in real estate is a confident one.

The latest numbers reveal some interesting shifts in the GTA new home market. Single-family home sales have surged—up 50% above the seasonal average with 781 units sold, thanks in part to a more generous HST rebate. On the flip side, condo sales have pulled back sharply, sitting 80% below average at just 237 units. Prices for single-family homes have adjusted down by 8.5% to $1.36M, while condo prices have edged up 2.5% to $1.05M. With 18,546 homes currently available, it’s clear the landscape is changing. After 16 years guiding clients through market ups and downs, I know every shift brings new opportunities and challenges—tailored advice is more important than ever, whether you’re buying your first home or considering your next move.

It’s encouraging to see new data showing the positive impact of the HST rebate on single-family home sales across the GTA. In July, sales in this segment tripled to 781 units. Notably, average single-family prices dipped 8.5% to $1.36M, which may present some opportunities for buyers looking to enter the market. Condos saw a slight uptick in sales, though activity remains modest; prices edged up 2.5% to $1.05M. With 18,546 units currently available, it’s clear there’s more choice out there for both buyers and sellers. Drawing on my 16 years of experience helping clients make sense of these shifts, I always aim to deliver tailored guidance—especially as the market landscape evolves.

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Over the years, we've seen Brampton and Mississauga often trade places when it comes to average home prices. Now, Mississauga has pulled ahead with an average of $1,014,120, compared to Brampton's $888,203—an even wider gap, despite Mississauga's greater condo inventory. As someone who’s guided clients through many changing markets, I know how important these shifts can be for both buyers and sellers. Understanding the nuances between neighborhoods is key to making confident decisions in real estate, and it’s always my goal to provide insights tailored to your unique needs.