Greater Toronto Area (GTA) resale housing market conditions tightened in February 2026 compared to February 2025. While sales were down year-over-year, new listings declined by a greater annual rate. The dip in new listings is in line with recent polling results from Ipsos which show listing intentions are down for 2026. “Many would-be homebuyers are waiting for selling prices to level off before moving into the market. If new listings continue to trend lower through the spring, competition between homebuyers will increase, supporting home prices and a recovery in sales,” said TRREB President Daniel Steinfeld. “There is substantial pent-up demand in the GTA ownership market, with more than 100,000 buyers holding off on making a home purchase. Buyers are waiting for selling prices to level off and for positive news on the trade front. Once we see both, there could be substantial momentum driving home sales in the second half of this year and into 2027,” said TRREB Chief Information Offi...
Jason Walker Real Estate in Toronto
"An Exceptional Experience"