Market report · January 2026
Toronto housing market: January 2026
The average sale price in the Greater Toronto Area in January 2026 was $973,289, down 6.5% year over year. 3,082 homes sold against 10,774 new listings — 5.0 months of supply, a buyer's market.
What happened in January 2026
Toronto recorded 3,082 sales in January 2026, 19.9% fewer than the same month a year earlier. Sellers brought 10,774 new listings to market, leaving 17,975 properties in inventory — 4.8% more than a year ago. At the month's pace of sales that is 5.0 months of supply, which puts Toronto in a buyer's market. 33% of the month's new listings sold.
The average sale price across all property types was $973,289, down 6.5% year over year and down 3.3% on the month. By property type, row / townhouse homes were the strongest year over year at -7.0%, and apartment the weakest at -9.8%.
This is the average sale price across the whole TRREB footprint, which runs from downtown Toronto condos to Halton and Durham freeholds. It moves with the mix of what sold as much as with prices themselves, so read it next to the by-property-type figures and the median rather than on its own.
The two years to January 2026
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory | Months of supply |
|---|---|---|---|---|---|---|
| Detached | $1,277,915 | -7.2% | 1,352 | 4,507 | 7,542 | 5.6 |
| Semi-detached | $945,967 | -9.7% | 278 | 624 | 846 | 3.0 |
| Row / townhouse | $914,738 | -7.0% | 310 | 890 | 1,267 | 4.1 |
| Apartment | $604,759 | -9.8% | 856 | 3,730 | 6,666 | 7.8 |
| All types | $973,289 | -6.5% | 3,082 | 10,774 | 17,975 | 5.0 |
Source: the Toronto Regional Real Estate Board, Toronto, January 2026.
What this means for your mortgage
Market conditions shape the negotiation; your income, debts and the stress test decide what you can actually borrow. If you're planning a purchase in Toronto, get the financing settled first — run your numbers, check today's rates, or start an application and we'll tell you exactly where you stand.
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