GTA Real Estate Market Watch October 2026 Data<\/strong><\/h2>\n\n\n\n![\"GTA](\"https:\/\/hanhomesoldrealty.com\/wp-content\/uploads\/2026\/11\/gta-market-data-october-2026.jpg\" "\\"\\"")
<\/figure>\n\n\n\n![\"GTA](\"https:\/\/hanhomesoldrealty.com\/wp-content\/uploads\/2026\/11\/gta-market-data-september-2026-watermark.jpg\" "\\"\\"")
<\/figure>\n\n\n\nSource: TRREB Market Watch<\/a><\/p>\n\n\n\n\ud83d\udcc8 Sales Up 11%: Not a Big Buyer Comeback, Just Less Cold Than September<\/strong><\/h2>\n\n\n\n\n- Sales:<\/strong> 5,603 homes sold across the GTA in October, up a sharp 11%<\/strong> from September but still down 8%<\/strong> from a year earlier.<\/li>\n\n\n\n
- Average Price:<\/strong> The average selling price came in at $1,024,108<\/strong>, up 1.8% from September. Year-over-year, it is still 2.7%<\/strong> lower, or about $28,000<\/strong> less per home.<\/li>\n\n\n\n
- The Gap Is Narrowing:<\/strong> In September, the average price was down 5.1% year-over-year. In October, it was down only 2.7%, so the gap with last year\u2019s prices is shrinking.<\/li>\n\n\n\n
- HPI Benchmark Price:<\/strong> Setting aside the effect of the sales mix across property types and looking at the HPI benchmark price, which better reflects the true price trend, October prices were still 4.3%<\/strong> lower than a year ago.<\/li>\n<\/ul>\n\n\n\n
\ud83d\udce6 Sellers Step Away: New Listings Down 14%, Inventory Falls to 4.5 Months<\/strong><\/h2>\n\n\n\n\n- New Listings:<\/strong> 14,173<\/strong> new listings came to market in October, down a sharp 14%<\/strong> from September.<\/li>\n\n\n\n
- Active Listings:<\/strong> Homes for sale fell to about 25,000<\/strong>, roughly 4% fewer than in September.<\/li>\n\n\n\n
- Months of Inventory:<\/strong> Sellers pulling back reduced supply, and with sales picking up, inventory dropped from 5.2 months last month to 4.5 months<\/strong>.<\/li>\n\n\n\n
- Days on Market:<\/strong> Average days on market also improved slightly, from 51 days in September to 49 days<\/strong>.<\/li>\n<\/ul>\n\n\n\n
So the most accurate summary of October is not \u201cbuyers are back in force,\u201d but rather: \ud83d\udc49 a few buyers came back, and some sellers stepped away.<\/strong> It is still a buyer\u2019s market, but buyers\u2019 advantage has narrowed compared with last month.<\/p>\n\n\n\n![\"GTA](\"https:\/\/hanhomesoldrealty.com\/wp-content\/uploads\/2026\/11\/gta-price-chart-october-2026.jpg\" "\\"\\"")
<\/figure>\n\n\n\n\ud83c\udfd9\ufe0f Downtown Condos \u201cDead Quiet\u201d? Sales Are Actually Up 2.8% This Year<\/strong><\/h2>\n\n\n\nThis month we also look at the downtown condo segment. Many people feel the condo market is \u201cdead quiet,\u201d but when I combine C01 and C08, the two main downtown condo districts, that is not what the numbers show:<\/p>\n\n\n\n
\n- Year to Date:<\/strong> 3,408<\/strong> units have sold downtown so far this year, compared with 3,316 over the same period last year. Sales are actually 2.8%<\/strong> higher than last year.<\/li>\n\n\n\n
- The Full-Year Trend:<\/strong> This year ran modestly above last year in the first half, then modestly below from July to October. Overall, sales this year are roughly on par with last year.<\/li>\n<\/ul>\n\n\n\n
So condo sales are indeed at a low level, but they have not shrunk any further compared with last year. The segment many see as the \u201chardest hit\u201d is still seeing stable sales.<\/p>\n\n\n\n
\ud83d\udcc9 Downtown Condo Prices: C01 Down 6.5%, C08 Holding Flat at a Low Level<\/strong><\/h2>\n\n\n\nSo have prices crashed? Let\u2019s look at the HPI benchmark price:<\/p>\n\n\n\n
\n- C01 (west side of downtown):<\/strong> Continuing last year\u2019s downward trend, the benchmark price fell from about $581,000<\/strong> at the start of the year to $543,000<\/strong>, a drop of 6.5%<\/strong>, or about $38,000 per unit.<\/li>\n\n\n\n
- C08 (east side of downtown):<\/strong> Although prices fell 8.5% last year, this year they have moved sideways at around $500,000<\/strong>, looking more like they are stabilizing at a low level.<\/li>\n<\/ul>\n\n\n\n
Doesn\u2019t this data look a little different from the stereotype that \u201cdowntown condos are in terrible shape, with both sales and prices collapsing\u201d?<\/p>\n\n\n\n
\ud83d\udd0d Market Outlook: Rate Hikes Resume Just as the Winter Slowdown Begins<\/strong><\/h2>\n\n\n\nRate hikes resumed at the end of October, and the market is now heading into the slower winter season. Will the GTA real estate market drop sharply, or will it hold up through the winter as oil prices ease significantly and inflation is expected to fade? Let me know what you think in the comments.<\/p>\n\n\n\n
\ud83d\udccd I am Pris Han<\/strong>, the GTA realtor, for all your first-time moves.<\/p>\n\n\n\nPublished on: 2026-11-09<\/p>\n\n\n\n
Read More:<\/h2>\n\n\n\n
GTA Real Estate Market Watch September 2026\uff1aBuying Intent Hits a 10-Year Low<\/a><\/p>\n\n\n\n
<\/figure>\n\n\n\n<\/figure>\n\n\n\nSource: TRREB Market Watch<\/a><\/p>\n\n\n\n So the most accurate summary of October is not \u201cbuyers are back in force,\u201d but rather: \ud83d\udc49 a few buyers came back, and some sellers stepped away.<\/strong> It is still a buyer\u2019s market, but buyers\u2019 advantage has narrowed compared with last month.<\/p>\n\n\n\n This month we also look at the downtown condo segment. Many people feel the condo market is \u201cdead quiet,\u201d but when I combine C01 and C08, the two main downtown condo districts, that is not what the numbers show:<\/p>\n\n\n\n So condo sales are indeed at a low level, but they have not shrunk any further compared with last year. The segment many see as the \u201chardest hit\u201d is still seeing stable sales.<\/p>\n\n\n\n So have prices crashed? Let\u2019s look at the HPI benchmark price:<\/p>\n\n\n\n Doesn\u2019t this data look a little different from the stereotype that \u201cdowntown condos are in terrible shape, with both sales and prices collapsing\u201d?<\/p>\n\n\n\n Rate hikes resumed at the end of October, and the market is now heading into the slower winter season. Will the GTA real estate market drop sharply, or will it hold up through the winter as oil prices ease significantly and inflation is expected to fade? Let me know what you think in the comments.<\/p>\n\n\n\n \ud83d\udccd I am Pris Han<\/strong>, the GTA realtor, for all your first-time moves.<\/p>\n\n\n\n Published on: 2026-11-09<\/p>\n\n\n\n GTA Real Estate Market Watch September 2026\uff1aBuying Intent Hits a 10-Year Low<\/a><\/p>\n\n\n\n\ud83d\udcc8 Sales Up 11%: Not a Big Buyer Comeback, Just Less Cold Than September<\/strong><\/h2>\n\n\n\n
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\ud83d\udce6 Sellers Step Away: New Listings Down 14%, Inventory Falls to 4.5 Months<\/strong><\/h2>\n\n\n\n
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<\/figure>\n\n\n\n\ud83c\udfd9\ufe0f Downtown Condos \u201cDead Quiet\u201d? Sales Are Actually Up 2.8% This Year<\/strong><\/h2>\n\n\n\n
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\ud83d\udcc9 Downtown Condo Prices: C01 Down 6.5%, C08 Holding Flat at a Low Level<\/strong><\/h2>\n\n\n\n
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\ud83d\udd0d Market Outlook: Rate Hikes Resume Just as the Winter Slowdown Begins<\/strong><\/h2>\n\n\n\n
Read More:<\/h2>\n\n\n\n