Uncertainty around inflation, borrowing costs and the economy kept many Greater Toronto Area (GTA) home buyers on the sidelines in October. While monthly mortgage payments for an average priced home have edged up compared to a year ago, they are still much more affordable than required payments in 2023 and 2024. GTA REALTORS® reported 5,603 home sales through TRREB’s MLS® System in October 2026 – down 7.9 per cent compared to October 2025. New listings entered into the MLS® System amounted to 14,173 – down by 11.9 per cent year-over-year. On a seasonally adjusted basis, October 2026 home sales and new listings were up month-over-month compared to September 2026. “If a Canada-U.S. trade deal is reached, GTA residents could gain a clearer picture of the economic outlook. Combined with a resolution to the conflict in the Middle East, this could help ease concerns about inflation and economic uncertainty, strengthen consumer confidence and renew interest in homeownership as we move into 20...
Jason Walker Real Estate in Toronto
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