Column Toronto Real Estate Brokerage Royal LePage RES Ltd/Johnston and Daniel Division Toronto REALTORS® Louise Dodd and Jason Dodd
Column Middle Toronto REALTOR® Louise Dodd Toronto REALTOR® Jason Dodd Toronto Real Estate Services Toronto Real Estate for Sale Previous Toronto Real Estate Sales Toronto Real Estate Information and Other Information

July Real Estate Market

Toronto Real Estate Board July MLS sale statistics:

  • GTA single family home sales including condominiums 5995.
  • Volume - down 0.09%, compared to July 2025 - 6047 sales.
  • Volume - down 11% sales compared to June 2026 - 6770 sales.
  • Average price of a GTA single family home - $1,032,207.
  • Down 3.3% from 2025's average price of - $1,067,844.

(The GTA is Burlington to Clarington, Lake Ontario to Lake Scugog)

“While uncertainty about the economy and borrowing costs persists, recent news has been more positive than expected. The latest readings on economic growth and jobs surprised to the upside. This could help bolster consumer confidence and prompt an uptick in home purchases in the months ahead, especially if home prices stabilize as we move through the fall, said TRREB Chief Information Officer Jason Mercer.

We track MLS sales daily.

  • November 2016 to May 30th 2017, 90% of central district properties sold over asking price.
  • July 2026 10-40% of central district properties sold for over asking price daily. (Based on district.)

(Central districts cover the Lake to York Mills, and the Humber River to Victoria Park.)

The July residential resale market was mixed.

  • Some properties remain unsold after months or even two years.
  • Some under priced or reasonably priced homes sold in "bidding wars".
  • July inventory declined, but the reduction in supply was accompanied by a slowdown in sales.

July Average Prices:

Detached 416 : $1,547,928 Detached 905: $1,207,295
Semi-detached 416 : $1,122,326 Semi-Detachec 905: $851,726
Townhouse 416 : $867,635 Townhouse 905: $800,561
Condo 416: $672,607 Condo 905: $560,923

Average GTA Prices 1987 to 2026

1987
$189,105
2006
$351,941
2025
$1,067,882
1988
$229,635
2007
$376,236
2026
$1,018,849
1989
$273,688
2008
$379,347
1990
$255,020
2009
$395,460
1991
$234,313
2010
$431,276
1992
$214,971
2011
$465,014
1993
$206,490
2012
$497,130
1994
$208,921
2013
$522,958
1995
$203,028
2014
$566,624
1996
$198,150
2015
$622,120
1997
$211,307
2016
$729,837
1998
$216,815
2017
$822,572
1999
$228,372
2018
$787,865
2000
$243,255
2019
$819,279
2001
$251,508
2020
$929,636
2002
$275,231
2021
$1,095,475
2003
$293,067
2022
$1,190,749
2004
$315,231
2023
$1,126,263
2005
$335,907
2024
$1,120,241
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