Most Affordable Cities in the Greater Toronto Area
In August 2026, the most affordable city in the GTA was Oshawa, where the average home sold for $652,775, and the most expensive was Oakville, at $1,324,472: about 2.0 times as much. 14 of the 23 cities ranked were below the average of $993,410 for the Greater Toronto Area. Over the past year, the average price was higher than a year earlier in 5 of the 23 cities and lower in 18. The biggest rise was in Markham (+6.4%) and the biggest drop in Aurora (-18.7%).
Cities ranked by average price, August 2026
| Rank | City | Average Price | vs Greater Toronto Area | Yearly Change | Sales |
|---|---|---|---|---|---|
| 1 | Oshawa | $652,775 | -34.3% | -12.6% | 143 |
| 2 | Clarington | $733,960 | -26.1% | -7.5% | 103 |
| 3 | Innisfil | $741,394 | -25.4% | -16.8% | 54 |
| 4 | Georgina | $819,910 | -17.5% | -4.4% | 57 |
| 5 | New Tecumseth | $825,444 | -16.9% | -4.3% | 55 |
| 6 | Ajax | $871,853 | -12.2% | -2.5% | 72 |
| 7 | Bradford | $878,754 | -11.5% | -8% | 39 |
| 8 | Brampton | $886,865 | -10.7% | -4.1% | 440 |
| 9 | Mississauga | $898,510 | -9.6% | -7.2% | 435 |
| 10 | Whitby | $905,123 | -8.9% | -6.9% | 129 |
| 11 | Halton Hills | $922,377 | -7.2% | -11% | 53 |
| 12 | Pickering | $935,490 | -5.8% | +2.4% | 105 |
| 13 | Milton | $977,576 | -1.6% | +1.4% | 122 |
| 14 | City of Toronto | $979,684 | -1.4% | -1.2% | 1,767 |
| 15 | Burlington | $1,020,937 | +2.8% | -5.1% | 193 |
| 16 | Newmarket | $1,048,321 | +5.5% | +5.3% | 83 |
| 17 | Aurora | $1,105,004 | +11.2% | -18.7% | 49 |
| 18 | Caledon | $1,120,586 | +12.8% | -1.6% | 65 |
| 19 | Stouffville | $1,158,512 | +16.6% | -5.3% | 47 |
| 20 | Richmond Hill | $1,205,777 | +21.4% | -3.3% | 161 |
| 21 | Markham | $1,208,692 | +21.7% | +6.4% | 282 |
| 22 | Vaughan | $1,234,758 | +24.3% | +2% | 242 |
| 23 | Oakville | $1,324,472 | +33.3% | -6.4% | 203 |
The average covers every home type sold, so cities with more condos rank lower than their detached prices would put them: each city's report breaks its prices down. The yearly change compares the price with the same month a year earlier. From our Greater Toronto Area report, built from the Toronto Regional Real Estate Board (TRREB).
Left out because they had fewer than 30 sales this month, too few for a steady average: East Gwillimbury (29), King (21), Brock (13), Scugog (18), Uxbridge (19), Orangeville (28), Adjala-Tosorontio (8), Essa (22).
GTA Housing Market: Quick Answers
What is the most affordable city in the GTA?
Oshawa: in August 2026, the average home sold for $652,775, on 143 sales. The next most affordable cities were Clarington ($733,960) and Innisfil ($741,394).
What is the most expensive city in the GTA?
Oakville: in August 2026, the average home sold for $1,324,472, on 203 sales. After it came Vaughan ($1,234,758) and Markham ($1,208,692).
Are home prices falling in the GTA?
Over the past year, the average price was higher than a year earlier in 5 of the 23 cities and lower in 18. The biggest rise was in Markham (+6.4%) and the biggest drop in Aurora (-18.7%).
More rankings and reports
The full Greater Toronto Area housing market report, all markets on the reports page, and pairs of cities side by side on the comparisons page.
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