Market report · July 2026
Toronto housing market: July 2026
The average sale price in the Greater Toronto Area in July 2026 was $1,003,956, down 4.5% year over year. 5,995 homes sold against 14,484 new listings — 4.6 months of supply, a buyer's market.
What happened in July 2026
Toronto recorded 5,995 sales in July 2026, 1.7% fewer than the same month a year earlier. Sellers brought 14,484 new listings to market, leaving 26,098 properties in inventory — 13.6% less than a year ago. At the month's pace of sales that is 4.6 months of supply, which puts Toronto in a buyer's market. 37% of the month's new listings sold.
The average sale price across all property types was $1,003,956, down 4.5% year over year and down 5.2% on the month. By property type, apartment homes were the strongest year over year at -2.3%, and semi-detached the weakest at -7.3%.
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 July 2026
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory | Months of supply |
|---|---|---|---|---|---|---|
| Detached | $1,291,690 | -5.1% | 2,789 | 6,858 | 12,154 | 4.4 |
| Semi-detached | $964,922 | -7.3% | 557 | 952 | 1,307 | 2.3 |
| Row / townhouse | $903,986 | -2.7% | 567 | 1,249 | 1,900 | 3.4 |
| Apartment | $636,323 | -2.3% | 1,564 | 4,190 | 8,352 | 5.3 |
| All types | $1,003,956 | -4.5% | 5,995 | 14,484 | 26,098 | 4.6 |
Source: the Toronto Regional Real Estate Board, Toronto, July 2026.
What this means for your mortgage
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