Condo Market Report

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The GTA condo market continues to evolve, and Q2 2026 brought some notable changes worth highlighting. Condo sales climbed by 8.8%, signaling renewed buyer activity even as both new and active listings declined by 19.0% and 15.4% respectively. With the average price dropping 7.5% to $634,972, affordability has improved—an encouraging sign for those looking to enter the market or make a strategic move. This shift in buyer demand could help stabilize prices as we move into 2027. In my experience helping clients navigate Toronto and the surrounding regions, understanding these trends is key to making informed decisions, whether you're searching for a modern condo or planning your next investment.

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