Ontario Housing Market Reports
We track 4 housing markets in Ontario: the Greater Toronto Area, Waterloo Region, Hamilton and Burlington. Each report is built from the monthly statistics of the local real estate board, with a page for every region, city or neighbourhood the board reports on. In August 2026, the average price was lower than a year earlier in all 4 markets.
Greater Toronto Area Housing Market
Ontario
Greater Toronto Area
August 2026
$993,410
5,057
Greater Toronto Area
August 2026
$993,410
5,057
In August 2026, the average home in the Greater Toronto Area sold for $993,410, down 2.7% from August 2025 and down 1% from July 2026. 5,057 homes sold, down 2.1% from August 2025. Over the last 12 months, sales ran at 37.5% of new listings, which points to a buyer's market (below 40%). Homes took 35 days on average to sell, 6.1% longer than a year earlier.
Areas of the Greater Toronto Area
Waterloo Region Housing Market
Ontario
Waterloo Region
August 2026
$723,196
480
Waterloo Region
August 2026
$723,196
480
In August 2026, the average home in Waterloo Region sold for $723,196, down 0.9% from August 2025 and up 1.4% from July 2026. 480 homes sold, down 11.1% from August 2025. Sales came to 54% of new listings, which points to a balanced market (between 40% and 60%). Homes took 36 days on average to sell, 12.5% longer than a year earlier.
Hamilton Housing Market
Ontario
Hamilton
August 2026
$737,496
381
Hamilton
August 2026
$737,496
381
In August 2026, the average home in Hamilton sold for $737,496, down 5.1% from August 2025 and down 1.7% from July 2026. 381 homes sold, down 18.9% from August 2025. Sales came to 45% of new listings, which points to a balanced market (between 40% and 60%). Homes took 43 days on average to sell, 16.2% longer than a year earlier.
Burlington Housing Market
Ontario
Burlington
August 2026
$1,047,064
163
Burlington
August 2026
$1,047,064
163
In August 2026, the average home in Burlington sold for $1,047,064, down 7.2% from August 2025 and up 0.1% from July 2026. 163 homes sold, down 14.2% from August 2025. Sales came to 59% of new listings, which points to a balanced market (between 40% and 60%). Homes took 41 days on average to sell, 5.1% longer than a year earlier.
Ontario Markets Compared
| Market | Average Price | Yearly Change | Sales | Yearly Change | Conditions | Report |
|---|---|---|---|---|---|---|
| Greater Toronto Area | $993,410 | -2.7% | 5,057 | -2.1% | Buyer's market | August 2026 |
| Waterloo Region | $723,196 | -0.9% | 480 | -11.1% | Balanced | August 2026 |
| Hamilton | $737,496 | -5.1% | 381 | -18.9% | Balanced | August 2026 |
| Burlington | $1,047,064 | -7.2% | 163 | -14.2% | Balanced | August 2026 |