Ontario Housing Market Reports
We track 6 housing markets in Ontario: the Greater Toronto Area, Waterloo Region, Hamilton, Burlington, Ottawa and London. 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 October 2026, the average price was higher than a year earlier in 1 of the 5 markets and lower in 4.
Greater Toronto Area Housing Market
Ontario
Greater Toronto Area
October 2026
$1,024,108
5,603
Greater Toronto Area
October 2026
$1,024,108
5,603
In October 2026, the average home in the Greater Toronto Area sold for $1,024,108, down 2.7% from October 2025 and up 1.7% from September 2026. 5,603 homes sold, down 7.9% from October 2025. Over the last 12 months, sales ran at 37.9% of new listings, which points to a buyer's market (below 40%). Homes took 31 days on average to sell.
Areas of the Greater Toronto Area
Waterloo Region Housing Market
Ontario
Waterloo Region
October 2026
$725,287
507
Waterloo Region
October 2026
$725,287
507
In October 2026, the average home in Waterloo Region sold for $725,287, down 0.4% from October 2025 and up 3% from September 2026. 507 homes sold, down 11.4% from October 2025. Sales came to 49% of new listings, which points to a balanced market (between 40% and 60%). Homes took 31 days on average to sell.
Hamilton Housing Market
Ontario
Hamilton
October 2026
$724,021
424
In October 2026, the average home in Hamilton sold for $724,021, down 7.8% from October 2025 and up 1.4% from September 2026. 424 homes sold, down 7.6% from October 2025. Sales came to 43% of new listings, which points to a balanced market (between 40% and 60%). Homes took 40 days on average to sell, 2.6% longer than a year earlier.
Burlington Housing Market
Ontario
Burlington
October 2026
$1,051,747
178
Burlington
October 2026
$1,051,747
178
In October 2026, the average home in Burlington sold for $1,051,747, up 2% from October 2025 and down 2.6% from September 2026. 178 homes sold, down 5.3% from October 2025. Sales came to 55% of new listings, which points to a balanced market (between 40% and 60%). Homes took 32 days on average to sell, 23.8% quicker than a year earlier.
Ottawa Housing Market
Ontario
In October 2026, the average home in Ottawa sold for $678,512, down 4.5% from October 2025 and down 1% from September 2026. 1,048 homes sold, down 10.7% from October 2025. Sales came to 44% of new listings, which points to a balanced market (between 40% and 60%). Half of the homes sold within 25.5 days, 2% longer than a year earlier.
London Housing Market
Ontario
In September 2026, the average home in London sold for $611,509, down 1.9% from September 2025 and up 3.5% from August 2026. 561 homes sold, up 5.3% from September 2025. Sales came to 34.7% of new listings, which points to a buyer's market (below 40%). Half of the homes sold within 34 days, 17.2% longer than a year earlier.
Ontario Markets Compared
| Market | Average Price | Yearly Change | Sales | Yearly Change | Conditions | Report |
|---|---|---|---|---|---|---|
| Greater Toronto Area | $1,024,108 | -2.7% | 5,603 | -7.9% | Buyer's market | October 2026 |
| Waterloo Region | $725,287 | -0.4% | 507 | -11.4% | Balanced | October 2026 |
| Hamilton | $724,021 | -7.8% | 424 | -7.6% | Balanced | October 2026 |
| Burlington | $1,051,747 | +2% | 178 | -5.3% | Balanced | October 2026 |
| Ottawa | $678,512 | -4.5% | 1,048 | -10.7% | Balanced | October 2026 |
| London | $611,509 | -1.9% | 561 | +5.3% | Buyer's market | September 2026 |