Tag: TRREB
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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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Here’s How Much Toronto Home Prices Have Fallen By Property Type
Home prices across the Greater Toronto Area are still lower than they were a year ago, but the size of the decline depends heavily on what type of home you’re looking at. The average GTA home sold for $1,003,956 in July 2026, down 4.5% compared with July 2025. The MLS Home Price Index benchmark also…
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Toronto’s Condo Crash May Not Bottom Until 2028, TD Warns
Toronto’s condo market continues to struggle through one of its deepest and longest downturns in decades, with some economists warning the correction could continue for years. A new report from TD Economics projects Greater Toronto Area condo prices may not begin a sustained recovery until 2028. The bank estimates prices could ultimately fall between 25%…
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Canada’s Happiest Big City is in Ontario – What It Costs To Live There
While housing affordability continues to challenge Canadians from coast to coast, one Ontario city is proving that happiness and homeownership can still go hand in hand. According to Leger’s Happy Cities 2025 report, analyzed by Zoocasa, Mississauga ranks as Canada’s happiest large city, and the only major Ontario city with a happiness score above the national average. The study examined…
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Toronto Home Sales Jump 44% in October as Rate Cuts Draw Buyers Back to the Market
Toronto’s real estate market saw a major upswing in October, with home sales in the Greater Toronto Area (GTA) surging 44.4% year-over-year, according to the Toronto Regional Real Estate Board (TRREB). Industry experts say recent rate cuts by the Bank of Canada have boosted affordability and spurred buyers to return to the market, especially as…
