JANUARY 2026 UPDATE: GTA & DURHAM REGION REAL ESTATE MARKET
Posted by Dan Plowman on
January opened the year with softer activity across the Greater Toronto Area as buyers remained cautious amid ongoing economic uncertainty. While inventory levels began to rise after the holiday slowdown, pricing continued to adjust, improving affordability and setting a measured tone for the early months of 2026.
GTA Market Insights
There were 3,082 home sales reported in January 2026, down 19.3% compared to January 2025. New listings entered into the MLS® System totaled 10,774, down 13.3% year-over-year.
The MLS® Home Price Index Composite benchmark declined 8% year-over-year in January, while the average selling price came in at $973,289, down 6.5% compared to last year. On a seasonally adjusted basis, sales dipped month-over-month from December,…
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