The latest completed month
TRREB’s October 6 release reports 5,040 GTA home sales in September 2026, down 9% year over year. The average selling price was $1,006,409, down 5.1%. These are GTA-wide September results, not City of Toronto-only figures or completed October sales. The reporting period matters when comparing a headline with a property you are considering today.
What sellers can take from the numbers
A slower regional market is a reason to study your competition carefully, not to apply the same price reduction to every home. Compare recent completed sales with similar location, property type, condition and size. Then review which alternatives remain available to buyers. Good preparation and accurate documentation help buyers assess a property, but neither guarantees a result.
What buyers should compare
More cautious buying conditions do not remove the need for financing and property due diligence. Focus on affordability and comparable units or homes rather than assuming every asking price includes room to negotiate. Check the full monthly cost and discuss offer conditions before committing. The Macchiusi Team can help place a regional report in the context of your individual search or sale.
Your next move
Request a property-specific evaluation if you are selling, or bring your budget and preferred locations to a buying consultation. This report is dated October 21, 2026 and does not predict 2027 values. Check Market Insights for newer source releases as they become available.
Sources & further reading
General information as of publication. Check current figures and rules, and obtain advice for your property, financing and legal circumstances.