Toronto, ON · Latest data August 2026
The Toronto housing market
The average sale price in the Greater Toronto Area in August 2026 was $993,410, down 2.8% year over year. 5,057 homes sold against 12,075 new listings — 4.6 months of supply, a buyer's market.
Quick answer
In August 2026, 5,057 homes sold in Toronto against 12,075 new listings, with 24,482 properties in inventory. That is 4.6 months of supply — a buyer's market. The average sale price across all property types was $993,410.
All figures the Toronto Regional Real Estate Board, Toronto, August 2026. Year-over-year compares with the same month a year earlier.
These are the Greater Toronto Area's housing numbers as the Toronto Regional Real Estate Board publishes them each month, across the whole TRREB reporting area — sales, average and median price, new listings, active inventory, months of supply and days on market, going back two years.
One caution worth reading before the charts. The average sale price across the whole region blends downtown condo apartments with Oakville and Caledon estate housing, so it moves with the mix of what sold as much as with prices themselves. A month where more expensive freehold trades will lift the average without any individual home becoming more expensive. Read it alongside the median and the by-property-type breakdown rather than on its own — and if you want the real story, the divergence between condo apartments and detached houses is where it is.
Average sale price over time
Every month TRREB has published for Toronto, all property types combined.
Homes sold each month
Sales volume over the last two years — the steadier read on demand.
By property type — August 2026
| Type | Average sale price | YoY | Sold | Inventory | Months of supply |
|---|---|---|---|---|---|
| Detached | $1,288,669 | -1.8% | 2,399 | 11,347 | 4.7 |
| Semi-detached | $931,665 | -4.9% | 439 | 1,231 | 2.8 |
| Row / townhouse | $882,060 | -6.8% | 437 | 1,773 | 4.1 |
| Apartment | $617,593 | -3.8% | 1,330 | 7,882 | 5.9 |
| All types | $993,410 | -2.8% | 5,057 | 24,482 | 4.6 |
This is the average sale price across the whole TRREB footprint, which runs from downtown Toronto condos to Halton and Durham freeholds. It moves with the mix of what sold as much as with prices themselves, so read it next to the by-property-type figures and the median rather than on its own.
What the numbers mean if you're buying or refinancing
Market conditions change the negotiation, not the mortgage math — but they change the mortgage math indirectly, and at 4.6 months of supply Toronto is currently a buyer's market.
In a tighter market, conditions get shorter and competition rises, which makes a genuine pre-approval worth more than a pre-qualification: a rate hold protects your budget while you shop, and a fully underwritten file lets you write with a financing condition you can actually satisfy in the time you promised. In a looser market you have room to negotiate on price and on the closing date, and a longer rate hold becomes the more valuable thing to have.
Either way, the number that decides what you can buy is not the average sale price — it's your own qualifying income, your debts and the stress test. Run your numbers, or see today's Toronto mortgage rates.
Monthly reports
Every month we've published, newest first.
August 2026
$993,410 · 5,057 sold · buyer's market
July 2026
$1,003,956 · 5,995 sold · buyer's market
June 2026
$1,058,658 · 6,770 sold · buyer's market
May 2026
$1,069,700 · 6,583 sold · buyer's market
April 2026
$1,051,969 · 5,946 sold · buyer's market
March 2026
$1,017,796 · 5,039 sold · buyer's market
February 2026
$1,008,968 · 3,868 sold · buyer's market
January 2026
$973,289 · 3,082 sold · buyer's market
December 2025
$1,006,735 · 3,697 sold · buyer's market
November 2025
$1,039,458 · 5,010 sold · buyer's market
October 2025
$1,054,372 · 6,138 sold · buyer's market
September 2025
$1,059,377 · 5,592 sold · buyer's market
August 2025
$1,022,143 · 5,211 sold · buyer's market
July 2025
$1,051,719 · 6,100 sold · buyer's market
June 2025
$1,101,691 · 6,243 sold · buyer's market
May 2025
$1,120,879 · 6,244 sold · buyer's market
April 2025
$1,107,463 · 5,601 sold · buyer's market
March 2025
$1,093,254 · 5,011 sold · balanced market
February 2025
$1,084,547 · 4,037 sold · balanced market
January 2025
$1,040,994 · 3,847 sold · balanced market
December 2024
$1,067,186 · 3,359 sold · balanced market
November 2024
$1,106,050 · 5,875 sold · balanced market
October 2024
$1,135,215 · 6,658 sold · balanced market
September 2024
$1,107,291 · 4,996 sold · balanced market
Source: the Toronto Regional Real Estate Board — monthly statistics. Figures are the board's own and are restated by the board from time to time; these pages follow those restatements.
By area
The region-wide average blends downtown condos with Halton and Durham freeholds, so it is rarely the number you actually want. TRREB reports each municipality separately — here is the latest month for every area on this site, each with its own 24-month archive.
| Area | Average price | YoY | Sold | Months of supply | |
|---|---|---|---|---|---|
| Oakville | $1,324,472 | -6.4% | 203 | 4.9 | Reports → |
| Vaughan | $1,234,758 | +2.0% | 242 | 4.9 | Reports → |
| Markham | $1,208,692 | +6.4% | 282 | 4.1 | Reports → |
| Richmond Hill | $1,205,777 | -3.3% | 161 | 5.6 | Reports → |
| Caledon | $1,120,586 | -1.6% | 65 | 6.7 | Reports → |
| Aurora | $1,105,004 | -18.7% | 49 | 4.9 | Reports → |
| Toronto Central | $1,051,186 | +1.5% | 882 | 5.1 | Reports → |
| Newmarket | $1,048,321 | +5.3% | 83 | 4.2 | Reports → |
| Burlington | $1,020,937 | -5.1% | 193 | 3.6 | Reports → |
| Milton | $977,576 | +1.4% | 122 | 3.9 | Reports → |
| Toronto West | $955,789 | -0.2% | 460 | 4.3 | Reports → |
| Pickering | $935,490 | +2.4% | 105 | 3.7 | Reports → |
| Whitby | $905,123 | -6.9% | 129 | 2.9 | Reports → |
| Mississauga | $898,510 | -7.2% | 435 | 4.8 | Reports → |
| Brampton | $886,865 | -4.1% | 440 | 4.8 | Reports → |
| Ajax | $871,853 | -2.5% | 72 | 2.9 | Reports → |
| Toronto East | $857,162 | -9.3% | 425 | 3.6 | Reports → |
| Oshawa | $652,775 | -12.6% | 143 | 3.6 | Reports → |
Source: the Toronto Regional Real Estate Board, latest published month per area.
Toronto housing market questions
What is the average home price in the Greater Toronto Area?+
The figures on this page come straight from the Toronto Regional Real Estate Board’s monthly Market Watch release for the whole TRREB reporting area, and are updated as each month is published. The tiles above show the most recent month, with the change against both the previous month and the same month a year earlier.
Is this a benchmark price?+
No, and the distinction matters. This is the average of what actually sold, which moves with the mix of properties as well as with prices. A benchmark tracks a consistent representative home over time and is published separately by CREA as the MLS® Home Price Index. The average is the figure TRREB leads with each month, so it is the one most widely quoted — but it is not a like-for-like price measure.
What are months of supply and why does it matter?+
It is how long the current inventory would take to sell at the current pace. Under about four months generally favours sellers; above about six favours buyers. It is the single most useful number on this page if you are deciding whether you have room to negotiate or need to move quickly, and it varies a great deal between municipalities within the region.
Why do condo and detached prices move differently?+
Because they are effectively separate markets with different buyers and different supply. Condo apartments across the GTA have carried high inventory and soft demand, while freehold houses have held up better. The by-property-type table on each monthly report shows both, and it is a more useful read than the all-property average if you already know which of the two you are buying.
How current are these numbers?+
They are baked in when the site is built, from the most recent Market Watch release. TRREB publishes a month’s figures in the first week of the following month, so the latest report here reflects the most recent month the board has actually released.
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