Tag: housing market 2026
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Nearly Half of New GTA Condo Sales Are Being Bought by Investors at Discounts of Up to 40%
Toronto’s struggling condominium market is seeing a surprising shift, with investment groups accounting for nearly half of all new condo sales across the Greater Toronto and Hamilton Area (GTHA) during the third quarter of 2026. According to the latest report from real estate research firm Urbanation, bulk investors purchased 339 new condominium units during Q3,…
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The GTA’s Average Home Price Just Fell Below $1 Million Again
The average price of a home in the Greater Toronto Area has slipped below the $1 million mark again, as the region’s housing market continues to look very different from its pandemic-era highs. The average GTA home sold for $993,410 in August 2026, according to the latest data from the Toronto Regional Real Estate Board.…
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GTA Home Prices Are Now Nearly $354,000 Below Their 2022 Peak
Home prices across the Greater Toronto Area are now nearly $354,000 below their 2022 peak, as the region’s housing market continues to struggle to regain its pandemic-era highs. The GTA’s MLS Home Price Index benchmark fell to $925,900 in August 2026, according to the latest Toronto Regional Real Estate Board data. That’s down 4.5% compared…
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Canada’s Housing Correction May Be Entering a Second Phase, New Data Suggests
Canada’s housing market ended 2025 on weaker footing than the year before, raising concerns that the correction is not finished. New data from the Canadian Real Estate Association (CREA) shows home prices fell sharply in December, alongside declining sales and one of the strongest late-year surges in listings on record. Rather than signaling stabilization, the…
