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Buying in Ontario / the GTA
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These calculators provide general estimates for planning purposes only and are not a mortgage approval, tax assessment, or financial advice. Rates, tax brackets, and insurance premiums shown reflect standard published figures and can change — confirm exact numbers with a mortgage professional, real estate lawyer, or the relevant government/CMHC source before relying on them.
GTA market snapshot — July 2026
The latest Toronto Regional Real Estate Board (TRREB) Market Watch shows a GTA market that is tightening, but remains balanced. Sales were slightly lower than a year ago while new listings declined much more sharply, increasing competition among active buyers.
What it means right now
July brought a more balanced GTA market, but the underlying supply-and-demand picture tightened. TRREB reported 5,995 home sales, down 0.9% from July 2025, while new listings fell 17.8% to 14,484. With sales holding relatively steady while fewer new properties came onto the market, the sales-to-new-listings ratio increased to approximately 41% — within balanced-market territory, but notably firmer than a year ago.
(Toronto Regional Real Estate Board (TRREB))
Prices, however, have not turned upward yet. The GTA average selling price was approximately $1.004 million in July, down 4.5% year over year. TRREB noted that July's tighter market conditions could help prices level off if the trend continues through the second half of the year.
(Reddit discussion)
For buyers, this means there is still negotiating room in many parts of the GTA, but the advantage is not as pronounced as it was last year. For sellers, fewer competing new listings are a positive sign, but pricing remains important because the overall market has not yet shifted into seller's-market territory.
Source: Toronto Regional Real Estate Board (TRREB), Market Watch, July 2026 report, released August 6, 2026. Figures are region-wide GTA averages; actual conditions vary significantly by neighbourhood, municipality, price range and property type.
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