The Toronto Regional Real Estate Board (TRREB) publishes Market Watch each month for the whole Greater Toronto Area: the City of Toronto plus the regions of Durham, Halton, Peel and York and parts of Dufferin and Simcoe. The figures below are for September 2026, released in October 2026. TRREB reports averages, medians and MLS® HPI benchmarks; the Canadian housing market overview explains how those measures differ.
GTA home prices, September 2026
Across the GTA the composite benchmark stood at $917,600 (-4.65%), the average sale at $1,006,409 (-5.1%) and the median at $860,000 (-5.4%).
Average prices by home type
| Home Type | Home Price | Y/Y Change | M/M Change |
|---|---|---|---|
| All Home Types | $1,006,409 | -5.1% | +1.31% |
| Detached | $1,292,016 | -5.1% | +0.26% |
| Semi-Detached | $1,015,202 | -0.2% | +8.97% |
| Att/Row/Townhouse | $907,849 | -4.2% | +2.92% |
| Condo Apartment | $605,257 | -7.7% | -2% |
TRREB Market Watch, September 2026.
Benchmark prices by home type
| Type | Benchmark | Change |
|---|---|---|
| Composite | $917,600 | -4.65% |
| Detached | $1,196,400 | -4.76% |
| Attached | $912,000 | -4.83% |
| Townhouse | $668,800 | -6.52% |
| Apartment | $527,200 | -6.67% |
Year-over-year change, TRREB, September 2026.
The City of Toronto
Inside the GTA, the City of Toronto had an average sale price of $1,034,320 in September 2026 (-5.1% year over year), a median of $810,000 and a composite benchmark of $908,200 (-3.84%). By type, the average detached home in the city sold for $1,562,966 and the average condo apartment for $640,248. The best neighbourhoods in Toronto page describes the city’s districts.
Sales, listings and market conditions
| Metric | Value | Year-over-Year Change |
|---|---|---|
| Total Sales | 5,040 | -9% |
| New Listings | 16,500 | -14.4% |
| Active Listings | 26,131 | -9.3% |
| Average Days on Market | 51 | N/A |
| Sales-to-New-Listings Ratio | 37.8% | N/A |
| Months of Supply | 4.6 | N/A |
GTA supply ran at 4.6 months, above CREA’s 3.6-month seller’s-market threshold (how to read it).
Average price since 2013
| Year | Avg. Home Price |
|---|---|
| 2013 | $525,681 |
| 2014 | $569,402 |
| 2015 | $623,529 |
| 2016 | $731,927 |
| 2017 | $823,422 |
| 2018 | $784,118 |
| 2019 | $812,989 |
| 2020 | $926,340 |
| 2021 | $1,098,088 |
| 2022 | $1,193,766 |
| 2023 | $1,131,219 |
| 2024 | $1,120,241 |
| 2025 | $1,067,844 |
| 2026 YTD (through September) | $1,025,266 |
TRREB Market Watch historical statistics; the last row is the year to date.
Income needed to buy in Toronto
The GTA benchmark home needs $203,200 of income with minimum down, $179,300 with 20% (method); a city condo at its average, $144,700.
Buying costs in Toronto
City of Toronto buyers pay two taxes: Ontario’s land transfer tax and the municipal land transfer tax, each with a first-time buyer rebate.
GTA city reports
- Mississauga and Brampton in Peel Region
- Markham and Richmond Hill in York Region
- Oshawa in Durham Region
- Ontario housing market: the province and its other city reports
Related Toronto pages
- Buying a home in Toronto: the purchase step by step
- Toronto rental market: average rents and vacancy
- Toronto housing starts: new construction in the Toronto area
- Ontario mortgage affordability calculator
Sources
The figures and rules on this page come from these sources, last checked against them between September 25, 2026 and October 26, 2026. How we check facts.
- Bank of Canada: Mortgage rates, fixed 5 years and over: insured residential mortgages, funds advanced (data series)
- Bank of Canada: Mortgage rates, fixed 5 years and over: uninsured residential mortgages, funds advanced (data series)
- CMHC: CMHC Purchase
- CMHC: Home Start
- CMHC: Calculating GDS / TDS
- CREA: En ca
- Department of Finance Canada: Boldest mortgage reforms in decades come into force today
- Department of Finance Canada: Archived
- Department of Finance Canada: Government announces boldest mortgage reforms in decades to unlock homeownership for…
- Department of Finance Canada: “Straight Switches” and portfolio insurance
- Financial Consumer Agency of Canada: How much you need for a down payment
- GlobeNewswire: Canadian Home Sales Slide Down Slightly in August
- Justice Laws (Canada): Bank Act
- OSFI: Minimum qualifying rate for uninsured mortgages
- OSFI: Final Revised Guideline B-20: Residential Mortgage Underwriting Practices and Procedures
- OSFI: Amendments to the minimum qualifying rate for uninsured mortgages
- OSFI: OSFI exempts uninsured mortgage straight switches from the prescribed MQR and…
- OSFI: Loan-to-income limits for uninsured mortgage portfolios
- TRREB: Creator: Tableau 20262.26.818.1324
- TRREB: PDF document
- TRREB: TRREB
- TRREB: Market Watch – TRREB