Market
By Inderpal Sidhu · Updated October 2026 · 4 min read
GTA housing market update: September 2026
Sales, prices and inventory by home type and city from TRREB, and what they mean for you.
By Inderpal Sidhu · Updated October 2026 · 4 min readBuyers held back in September. Sales and new listings both fell compared with last year, prices eased slightly, and inventory stayed balanced. The figures are from TRREB's Market Watch, released October 6, 2026.
September 2026 in one minute
| GTA, September 2026 | Value | vs. Sept 2025 |
|---|---|---|
| Sales | 5,040 | −9.0% |
| Average price | $1,006,409 | −5.1% |
| MLS® HPI composite | — | −4.7% |
| New listings | 16,500 | −14.4% |
| Active listings | 26,131 | −9.3% |
| Avg. days on market | 34 | +3.0% |
Prices by home type
| Type (GTA) | Sales | Average price | Price vs. 2025 |
|---|---|---|---|
| Detached | 2,399 | $1,292,016 | −5.1% |
| Semi-detached | 459 | $1,015,202 | −0.2% |
| Townhouse | 803 | $820,637 | −4.6% |
| Condo apartment | 1,316 | $605,257 | −7.7% |
By region and city
| Area | Sales | Average price | Months of inventory |
|---|---|---|---|
| City of Toronto | 1,937 | $1,034,320 | 4.6 |
| York Region | 893 | $1,136,650 | 5.0 |
| Markham | 245 | $1,125,353 | 4.1 |
| Richmond Hill | 172 | $1,189,203 | 5.6 |
| Vaughan | 213 | $1,163,441 | 4.9 |
| Peel Region | 936 | $906,719 | 4.9 |
| Brampton | 404 | $854,322 | 4.7 |
| Mississauga | 468 | $929,600 | 4.8 |
| Halton Region | 502 | $1,139,025 | 4.2 |
| Durham Region | 552 | $828,141 | 3.5 |
What it means for you
- Buyers: with 4 to 5 months of inventory in most areas, you can negotiate on condition dates and price, especially on homes that have sat 30+ days.
- Sellers: pricing right from day one matters more than ever. Overpriced homes sit, and then sell for less. See GTA selling costs and get your personal seller review.
- Rates: the Bank of Canada overnight rate was 2.3% in September, with posted 5-year fixed rates around 6.09%. Your actual rate depends on your lender and file.
Want this broken down for your street?
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