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Greater Toronto home sales fall in February as buyers, sellers both sidelined: board
New listings fell nearly 18 percent in February as home sales dropped 6.3 percent and average prices declined 7.1 percent, reflecting cautious buyer and seller behavior, TRREB said.
- Home sales in the Greater Toronto Area fell in February 2026, down 6.3% from the same month last year.
- The average selling price was $1,008,968, down 7.1% from February 2025, and the benchmark price decreased by 7.9% year-over-year.
- New listings decreased by 17.7% compared to last year, and the Toronto Regional Real Estate Board president expects competition and prices to increase if this trend continues.
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Fewer new listings in GTA could lead to increased competition in the future: TRREB
Home sales in the Greater Toronto Area fell last month, along with new listings and average selling prices, said the Toronto Regional Real Estate Board. It believes potential buyers are waiting for the market to bottom out before making a move.
·Canada
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The real estate market continues to fall in the Greater Toronto Area: the average selling price fell 7.1% last month compared to February 2025.
·Montreal, Canada
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Greater Toronto home sales fall in February as buyers, sellers both sidelined: board
Home sales in the Greater Toronto Area fell last month, along with new listings and average selling prices, as the city’s real estate board believes potential buyers are waiting for the market to bottom out before making a move.
·Canada
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Coverage Details
Total News Sources32
Leaning Left19Leaning Right1Center5Last UpdatedBias Distribution76% Left
Bias Distribution
- 76% of the sources lean Left
76% Left
L 76%
C 20%
Factuality
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