GTA Real Estate Update: What October's Numbers Mean for You
TRREB Market Report Highlights - October 2026
Signs of Increased Activity. Cautious Buyers and Sellers. Opportunities.
ChatGPT said
- Home Sales: 5,603 — down 7.9% year over year
- New Listings: 14,173 — down 11.9%
- Average Selling Price: $1,024,108 — down 2.7%
- The Big Picture: More homes sold in October compared to September, but sales remained below last year's levels. With fewer new listings entering the market and prices still lower year over year, buyers are seeing improved affordability and more negotiating power.
- What does this mean for you?
- Sellers: With fewer new listings coming to market, well-priced and well-presented homes have an opportunity to stand out. Strategic pricing and strong marketing remain essential.
- Buyers: Lower prices compared to last year and improved negotiating power create opportunities for buyers who are financially prepared and ready to make a move.
Want more details? Check out TRREB's full report here.
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October 2026 vs. October 2025
October 2026 vs. September 2026
