City of Toronto

Housing Market Review
Live reportAugust 2026

In August 2026 the average home in City of Toronto sold for $979,684, 1.4% below the Greater Toronto Area average of $993,410.

Average Price
$979,684
MoM-3.1%
YoY-1.2%
Transactions
1,767
MoM-21.2%
YoY-0.7%

Average Sold Price*

*All property types (Detached, Semi-detached, Condo, Townhouse)

Transactions*

*All property types (Detached, Semi-detached, Condo, Townhouse)

Market Conditions

August 2026

Median Price$770,000
YoY-3.7%
New Listings4,200
YoY-7.4%
Active Listings8,727
YoY-9.5%
At month end
Sales to New Listings38.3%12-month trend. Above 60% favours sellers, below 40% buyers
Months of Inventory4.612-month trend
Days on Market35
YoY2.9%
46 days counting re-listings
Sold vs. List Price97%Average sale price / list price

City of Toronto - Area Breakdown

August 2026

Toronto East had the lowest average property price in the market, with an average price of $857,162. On the other hand, Toronto Central was the area with the highest average property price, reaching $1,051,186. Additionally, Toronto West saw the largest month-over-month rise in average price with a 1.4% increase, while Toronto Central had the lowest with a -5.1% decrease.

Area
Avg. Price
Monthly Change
Yearly Change
Transactions
Toronto Central$1,051,186
-5.1%
1.5%
882
Toronto East$857,162
-3.2%
-9.3%
425
Toronto West$955,789
1.4%
-0.2%
460

Data obtained from the Toronto Regional Real Estate Board (TRREB) reports.

The information presented on HousingPortal.ca is intended for general illustrative purposes only. While the information is believed to be reliable, it cannot be guaranteed for accuracy, completeness, or currency. Neither HousingPortal.ca and its employees, nor any other party identified in this guide/report, assumes any liability for the information provided. The views and opinions expressed by the analysts at HousingPortal.ca are their own and should not be considered as investment advice. It is recommended that you seek the advice of a licensed real estate professional before making any decisions regarding real estate investments.