February 2026 Real Estate Market Update
Posted by Dan Plowman on
The February 2026 real estate market is starting to shift, and the direction is becoming clearer.
While headlines point to lower sales, the real story is happening beneath the surface. Inventory is tightening, buyers are still active, and early signs of competition are beginning to build as we move toward the spring market.
GTA Market Overview – Demand Is Building
Across the GTA, 3,868 homes sold in February 2026, down 6.3% compared to last year. At the same time, new listings dropped by a much larger 17.7%.
That gap matters.
Fewer listings combined with steady buyer demand is what creates pressure on prices. Right now, many buyers are waiting for stability, but there is a growing pool of pent-up demand sitting on the sidelines.
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