The Property Pro

📉 The headlines this week will say GTA home prices are down year-over-year again.
But if you look deeper into the data… the market has actually been strengthening month after month in 2026.

Since January:
⬆️ Sales have increased every single month
⬆️ Average prices have increased every single month
⬇️ New listings are declining
⬇️ Active inventory is tightening

JAN 2026
🏡 Avg Price: $973,289
📈 Sales: 3,082

APR 2026
🏡 Avg Price: $1,051,969
📈 Sales: 5,946

That’s not a market collapsing.
That’s a market quietly rebuilding momentum.

The problem with year-over-year comparisons right now is context.

Spring 2025 was heavily impacted by:
• tariff fears
• geopolitical uncertainty
• consumer hesitation
• affordability shock from prior rate hikes

Today, buyers are adjusting to:
✔ lower borrowing costs
✔ improved affordability
✔ more negotiating power
✔ greater confidence returning to the market

And here’s the part many people miss:

Even after:
• 2022 rate hikes
• inflation spikes
• market correction
• economic uncertainty

👉 Most homeowners who bought in 2020 are STILL ahead today.

Real estate has always rewarded long-term ownership over short-term emotion.

The GTA market isn’t in a frenzy.
But the data is showing early signs that confidence is returning beneath the headlines.

MarketUpdate TorontoHomes RealEstateCanada GTAHousing TorontoRealtor PeelRegion YorkRegion DurhamRegion Halton SimcoeCounty HomePrices InterestRates RealEstateInvesting HousingMarket TorontoCondos
Tawfiq Elamad Real Estate
ReMax Metropolis Realty Inc
416-735-9745
The content provided is for informational purposes only and is based on information available at the time during which it was created. No recommendations are express or implied either directly or indirectly. Do not rely on this content to make business or financial decisions or decisions otherwise. Always consult with a professional to seek advice relevant to your individual situation. Not intended to solicit contracted clients.

𝐑𝐄𝐀𝐃 𝐓𝐇𝐄 𝐂𝐀𝐏𝐓𝐈𝐎𝐍.... Year-over-year numbers can be misleading without context.

At first glance, March 2026 looks weaker — with average prices down roughly 7% compared to last year.

But the underlying story is very different.

In early 2025, the market was front-loaded. Rates were higher, but expectations of cuts pulled demand forward. Then tariffs and uncertainty disrupted momentum mid-year.

Today’s market is operating under a different dynamic:

• Sales are actually higher than last year
• New listings are down 16.7%
• Prices are lower — improving affordability

What does that tell us?

Demand is returning, supply is tightening, and buyers are re-entering the market at more sustainable price levels.

This is not a declining market — it’s a transition phase.

A more balanced, end-user driven market is forming, where activity is increasing even before prices move.

The real question is:
Are we looking at weakness… or the early stages of recovery?

Tawfiq Elamad Real Estate
ReMax Metropolis Realty
416-735-9745
 

The content provided is for informational purposes only and is based on information available at the time during which it was created. No recommendations are express or implied either directly or indirectly. Do not rely on this content to make business or financial decisions or decisions otherwise. Always consult with a professional to seek advice relevant to your individual situation. Not intended to solicit contracted clients.