Duck Wright Real Estate

May Home Prices Across the 416

May's numbers show a market with more options and renewed momentum heading into the summer.

Detached led the way on sales (+8.9%), followed by condos (+4.2%) and semi-detached (+2.5%), broad-based confidence across segments. Townhomes were the outlier, with both sales and prices pulling back.

Prices are still adjusting year-over-year, most notably in detached (-6.5%) and condos (-5.0%) meaningful opportunity is still on the table. But the activity we're seeing suggests informed buyers are already stepping in ahead of a more competitive market.

Swipe through for the full breakdown.

Detached → $1,610,988 | Price ↓ 6.5% | Sales ↑ 8.9%
Semi-Detached → $1,293,268 | Price ↓ 0.6% | Sales ↑ 2.5%
Townhouses → $953,982 | Price ↓ 5.5% | Sales ↓ 17.5%
Condos → $673,841 | Price ↓ 5.0% | Sales ↑ 4.2%

Source: TRREB May 2026 Market Watch

Averages tell part of the story, the SOLD data tells the rest. Explore our interactive maps across the 416 to see list price vs. sold price, days on market, photos, and full MLS details by neighbourhood.

Curious how your neighbourhood or property type is performing? Drop a comment or send us a DM, we love diving into the data.

Falling in love with a house is easy, and staying married to it usually comes down to good forward planning. Never skip on the critical step of getting aligned on the (subtle) non-negotiables when it comes to buying a house.⁠
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It comes down to a lot more than price, parking and timing. Some common things that get overlooked when buyers fall in love with a house. ⁠
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Schools: we don’t even have kids yet, we will deal later⁠
The commute: it’s not that bad, we can manage⁠
Size: we don’t really need a 3rd bedroom⁠
Price: is not really what it is listed for. ⁠
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Sometimes we need to take the rose coloured glasses off for our buyers, and sometimes we need to put them on. This comes down to being crystal clear on our buyers goals; that includes lifestyle and budget. ⁠
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If you’re weighing options, this is one of the most important, and overlooked filters.⁠
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