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Home›Market Reports›Toronto
TRREB Market Watch · May 2026

Toronto Housing Market Report

Canada's largest housing market, spanning the old City of Toronto plus North York, Etobicoke, York, East York and Scarborough across TRREB's W, C and E districts.

May 2026 snapshot — all home types

Average Price$1,108,292
▲+1.5% MoM▼-4.1% YoY
Home Sales2,377
▲+2.8% MoM▲+2.7% YoY
New Listings6,401
▲+4.3% MoM▼-18.9% YoY
Median Price$885,000
▲+5.5% MoM▼-4.6% YoY
Active Listings9,916
Months of Inventory4.8
Sales-to-New-Listings36.6%
Avg. Sale/List Price99.0%
Avg. Days on Market26

In May 2026, the Toronto housing market recorded 2,377 home sales — up 2.8% from April 2026 and up 2.7% year-over-year. The average selling price was $1,108,292 (median $885,000), up 1.5% month-over-month and down 4.1% compared with May 2025.

On the supply side, 6,401 new listings came to market and 9,916 properties were available at month-end, roughly 4.8 months of inventory. Homes sold for an average of 99.0% of the list price and took about 26 days to sell.

By property type

Home TypeSalesAvg. PriceMedianMoMYoY
All Home Types2,377$1,108,292$885,000+1.5%-4.1%
Detached846$1,610,988$1,300,000-3.5%-6.3%
Semi-Detached283$1,293,268$1,190,000+0.6%-0.5%
Townhouse93$1,112,188$1,085,500-13.4%-14.4%
Condo Townhouse129$839,926$733,000+11.1%+4.4%
Condo Apartment1,009$673,841$565,000+1.3%-5.1%

12-month trend — average price & sales

May 2025 · $1,155,616May 2026 · $1,108,292
MonthSalesAvg. PriceNew ListingsActive
May 20262,377$1,108,2926,4019,916
April 20262,312$1,091,7616,1369,260
March 20261,913$1,022,8745,3018,189
February 20261,491$1,019,1444,0357,397
January 20261,074$948,6984,0776,968
December 20251,363$986,5421,9506,456
November 20251,912$1,036,3624,1719,365
October 20252,351$1,069,8075,98810,357
September 20252,063$1,089,9187,18210,653
August 20251,779$992,0854,5389,644
July 20252,205$1,044,5766,00810,933
June 20252,319$1,132,7097,05311,736

Thinking of making a move in Toronto?

Whether you're buying or selling, the BCG Team can turn these market trends into a strategy for your specific home and goals.

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Nearby market reports

ScarboroughMarkhamVaughanScarborough BluffsAll areas →

Source: Toronto Regional Real Estate Board (TRREB) Market Watch, May 2026. Statistics are based on MLS® System sales reported by TRREB member brokerages and are provided for general information only. MLS® is a registered trademark of the Canadian Real Estate Association (CREA).