TRUSTWELL REALTY INC. Brokerage's blog

In July, GTA home sales fell 11.4% from June and 0.9% from last year. Average price dropped 5.2% monthly and 4.5% annually. New and active listings fell 17.8% and 12.1% YoY, tightening conditions.

Condo prices held up best, rising 0.9% from June and falling just 2.3% YoY. Townhouses declined 3.9% annually, while detached homes fell 5.1% and semi-detached homes 7.4%. With affordability stretched, the condo segment's lower entry price may be helping.

Late summer often brings fewer sales, while fall can bring a brief pickup in listings and activity. With rates expected to hold, affordability...

June GTA home sales reached 6,770, up 2.8% from May and 9.4% year over year. The average price was $1.059M, down 1.0% monthly and 3.9% annually.

Sales growth was concentrated in condos, where transactions rose 11.7% from May as lower prices and more choice drew buyers back. Condo prices remained down 9.5% annually, while tighter supply and end-user demand helped detached homes and townhouses hold up better.

Prices typically ease from the spring peak into summer, but rising sales point to demand improvement. With interest rates likely on hold, employment trending up, and inventory...

In May 2026, GTA home sales rose 6.3% year-over-year while average prices dipped 4.6% compared to last year. Both sales and prices improved from April, and active listings sat 13.3% below May 2025, pointing to a market that keeps tightening as spring turns to summer.

Semi-detached and detached held up best, down 2.9% and 4.7% from last year on scarce supply and steady end-user demand. Condos and townhouses lagged at 6.4% and 7.1% below, with the condo market's heavy supply a likely drag. Month over month, semis led at +3.3%.

Buyers still hold some negotiating room with average days on...

In April 2026, GTA home sales rose 7% year-over-year while average prices dipped 4.9% compared to last year. Compared to March, both sales and prices improved, and active listings came in below April 2025 levels, pointing to gradually tightening conditions heading into spring.

Detached and condo apartment sales led the year-over-year rebound, up 9.2% and 9.1% respectively. Prices fell across all types, with townhouses seeing the sharpest decline at 7.9% below last year and detached holding up best at 4.1% below, likely reflecting a buyer pool that is less constrained by payment...

In February 2026, sales and average prices were lower than last year, but higher than January. That month-over-month lift is common after the winter slowdown.

February’s pickup showed more homes sold across all property types. Semis had the largest month-over-month price jump. They may be worth watching as a possible “upgrade compromise” with more space and privacy than a condo or townhome without the full detached price.

As spring activity builds, expect well-priced, desirable, low-friction homes to keep selling. If buyer confidence improves and competition heats up, it may show up first...

In February 2026, sales and average prices were lower than last year, but higher than January. That month-over-month lift is common after the winter slowdown.

February’s pickup showed more homes sold across all property types. Semis had the largest month-over-month price jump. They may be worth watching as a possible “upgrade compromise” with more space and privacy than a condo or townhome without the full detached price.

As spring activity builds, expect well-priced, desirable, low-friction homes to keep selling. If buyer confidence improves and competition heats up, it may show up first...

In January 2026, sales and prices trended lower compared to December and last year, which is consistent with buyers remaining quite sensitive in a high-rate environment

Detached prices held up best, likely reflecting a higher-income buyer pool that was less payment-sensitive with fewer true substitutes in the low-rise market. Even so, year-over-year price declines have improved relative value and helped support demand where buyers are ready to act.

Conditions remain buyer-leaning, with more active listings and fewer sales than a year ago.  As spring supply typically builds into March,...

In December 2025, prices continued to soften with year-over-year declines, reinforcing a buyer-leaning market. Typical December seasonality was further amplified by affordability constraints and cautious buyer sentiment.

Townhomes were the only segment to post month-over-month price growth, perhaps driven by first-time and move-up buyers seeking better value than detached homes with more space than condos. Detached homes showed greater resilience, while condos faced ongoing price pressure from weaker investor demand.

Buyers continued to hold leverage due to elevated inventory, while...

November 2025 GTA home sales volume was down 15.8% and average prices were lower by 6.4% year-over-year. Compared to the previous month, volume fell 18.4% while prices dipped 1.4%.

Semi-detached homes were the most resilient, with sales volume down just 5.5% year-over-year, while condo apartments showed the most weakness at –21.7%. This suggests buyers continued to favour larger low-rise options and were securing better value in a well-supplied market.

With high supply and softer demand, prices remained flexible. But if job growth and GDP momentum hold and borrowing costs stay steady, we...

October 2025 GTA home sales were down 9.5% and prices were lower by 7.2% year-over-year. Compared to the previous month, sales were up 9.8% while prices eased by 0.5%.

Sales neared one of the highest monthly totals this year as more buyers re-entered the market, encouraged by more choice and easing borrowing costs. Semi-detached and townhome activity led growth, highlighting steady demand for low-rise homes that balance space and affordability.

The market still leans in buyer favour, with ample listings and softer prices. Steady borrowing costs may lift confidence, but seasonal slowdown...