The Toronto real estate market showed renewed momentum in February 2026, with the average selling price rising to $1,019,144. This marks a 7.4% increase month-over-month, signaling growing buyer confidence and activity across the city. However, prices remain down 6.3% year-over-year, reflecting ongoing market adjustments. Detached homes continue to lead in value, while condos and townhomes provide more affordable options for entry into the Toronto housing market. As conditions evolve, both buyers and sellers can benefit from understanding these shifting trends across Toronto’s dynamic real estate landscape.
Toronto’s housing market surged in November 2025, with the average selling price climbing to $1,208,487. This represents a strong 12.96% increase month-over-month from October, signalling renewed buyer confidence and late-fall momentum. Prices were also up 11.88% year-over-year, marking a notable turnaround from earlier softness in the year. Detached homes continued to lead the market at $1,545,941, while semi-detached and freehold townhomes averaged $1.19M and $1.07M respectively. Condo apartments remained the most attainable option at $701,259, with condo townhomes close behind at $762,143. Overall, November showed a sharp rebound in both monthly and annual pricing across Toronto.
The City of Toronto market softened in January 2026, with the average selling price at $948,698, reflecting a 3.84% decrease from December 2025 and a 3.75% decline compared to January 2025. Detached homes continued to command the highest prices at an average of $1,541,791, followed by semi detached homes at $1,146,188 and freehold townhomes at $1,086,583, while condo apartments and condo townhomes averaged $631,932 and $765,911 respectively. Overall, the data points to a cooling market both month over month and year over year, creating a more balanced landscape for buyers and sellers across Toronto.
Toronto’s housing market softened in December 2025, with the average selling price falling to $986,542. This represents a 4.8% decrease month-over-month from November, reflecting a typical year-end slowdown. Prices were also down 4.6% year-over-year, indicating continued moderation compared to December 2024. Detached homes remained the highest-priced segment at $1,498,079, while semi-detached properties averaged $1,122,309. Freehold townhomes came in at $1,226,914, and condo apartments remained the most affordable option at $663,227, with condo townhomes averaging $784,615. Overall, December closed out the year with cooler activity, reinforcing a more balanced and price-conscious market.
Toronto’s housing market cooled slightly in October 2025, with the average selling price dipping to $1,069,807. This reflects a 1.85% decrease month-over-month from September, pointing to a modest seasonal slowdown. On an annual basis, prices were 8.22% lower year-over-year, continuing the broader correction compared to 2024 levels. Detached homes remained the highest-priced segment at $1,619,047, while semi-detached and freehold townhomes averaged $1.22M and $1.12M respectively. Condo apartments held steady as the most accessible option at $699,241, with condo townhomes averaging $769,290. Overall, October showed softer momentum following September’s rebound, reinforcing a more balanced and price-sensitive market.
Toronto home prices rebounded in September 2025, with the average selling price rising to $1,089,918. This marks a strong 9.86% increase month-over-month from August, signalling renewed buyer activity after the late-summer slowdown. Despite the monthly jump, prices remained 2.13% lower year-over-year compared to September 2024, indicating continued longer-term price correction. Detached homes led the market at $1,686,013, while semi-detached and freehold townhomes averaged $1.18M and $1.17M respectively. Condo apartments remained the most affordable option at $681,115, with condo townhomes averaging $786,671. Overall, September showed clear short-term momentum, even as annual pricing stayed slightly subdued.
The Toronto housing market softened in August 2025, with the average selling price coming in at $992,085. This represents a 5.02% decrease month-over-month from July and a 3.59% decline year-over-year compared to August 2024. Detached homes remained the highest-priced segment, averaging $1,524,066, while semi-detached and freehold townhomes both averaged just over $1.13M. Condo apartments continued to offer the most accessible entry point at $667,660, with condo townhomes averaging $784,924. Overall, August reflected a cooling market with price adjustments across most housing types, particularly following stronger summer activity.