There were 3,082 home sales reported in January 2026 – down by 19.3 per cent compared to January 2025. New listings entered into the MLS® System amounted to 10,774 – down by 13.3 per cent year-over-year. The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by eight per cent year-over-year in January 2026. The average selling price, at $973,289, was down by 6.5 per cent compared to January 2025. On a seasonally adjusted basis, January 2026 home sales were down month-over-month compared to December 2025, while new listings were up slightly. Both the MLS® HPI composite and average price trended lower compared to December. The 2026 TRREB Market Outlook and Year in Review Report is now available. The report covers all aspects of the GTA real estate market, including trends for new homes and condominiums, as well as a review of the commercial real estate market.
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