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Toronto Real Estate Board February MLS sale statistics:
- GTA single family home sales including condominiums 3868.
- Volume - down 6.3%, compared to February 2025 - 4127 sales.
- Volume - up 25.5% sales compared to January 2026 - 3082 sales.
- Average price of a GTA single family home - $992,965.
- Down 7.0% from 2024's average price of - $1,067,968.
(The GTA is Burlington to Clarington, Lake Ontario to Lake Scugog)
“There is substantial pent-up demand in the GTA ownership market, with more than 100,000 buyers holding off on making a home purchase. Buyers are waiting for selling prices to level off and for positive news on the trade front. Once we see both, there could be substantial momentum driving home sales in the second half of this year and into 2027,” said TRREB Chief Information Officer Jason Mercer.
We track MLS sales daily.
- November 2016 to May 30th 2017, 90% of central district properties sold over asking price.
- February 2026 0-45% of central district properties sold for over asking price daily. (Based on district.)
(Central districts cover the Lake to York Mills, and the Humber River to Victoria Park.)
The February residential resale market was soft market and a mixed one.
- Some properties remain unsold after months or even two years.
- Some under priced or reasonably priced homes sold in "bidding wars".
- Average price of a GTA condo is $626,650. The lowest since January 2021.
- Average price of a GTA detached home is $1,325,654. The lowest since December 2020.
February Average Prices:
| Detached 416 : $1,568,543 |
Detached 905: $1,240,467 |
| Semi-detached 416 : $1,229,853 |
Semi-Detachec 905: $864,088 |
| Townhouse 416 : $980,175 |
Townhouse 905: $806,976 |
| Condo 416: $663,984 |
Condo 905: $549,563 |
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1987
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$189,105
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2006
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$351,941
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2025
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$1,067,968
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1988
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$229,635
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2007
|
$376,236
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2026
|
$992,965
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1989
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$273,688
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2008
|
$379,347
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|
|
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1990
|
$255,020
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2009
|
$395,460
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|
|
|
1991
|
$234,313
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2010
|
$431,276
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|
|
|
1992
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$214,971
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2011
|
$465,014
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|
|
|
1993
|
$206,490
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2012
|
$497,130
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|
|
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1994
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$208,921
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2013
|
$522,958
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|
|
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1995
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$203,028
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2014
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$566,624
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|
|
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1996
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$198,150
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2015
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$622,120
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|
|
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1997
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$211,307
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2016
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$729,837
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|
|
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1998
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$216,815
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2017
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$822,572
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|
|
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1999
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$228,372
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2018
|
$787,865
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|
|
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2000
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$243,255
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2019
|
$819,279
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|
|
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2001
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$251,508
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2020
|
$929,636
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|
|
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2002
|
$275,231
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2021
|
$1,095,475
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|
|
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2003
|
$293,067
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2022
|
$1,190,749
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|
|
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2004
|
$315,231
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2023
|
$1,126,263
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|
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2005
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$335,907
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2024
|
$1,120,241
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