The Greater Toronto Area (GTA) housing market saw tightening conditions in February 2026, with both home sales and new listings declining compared to the same time last year. Fewer listings entering the market could increase competition if buyer demand strengthens later in the year.
According to the Toronto Regional Real Estate Board (TRREB), many buyers are waiting for prices to stabilize before entering the market. Here are some key highlights:
• 3,868 homes sold — down 6.3% year-over-year
• 10,705 new listings — down 17.7% compared to February 2025
• Average home price: $1,008,968, down 7.1% year-over-year
• Benchmark home price (MLS® HPI): down 7.9% year-over-year
• Both sales and listings declined month-over-month compared to January 2026
• Over 100,000 buyers are reportedly waiting for prices to stabilize before entering the market
Why This Matters
Lower inventory combined with a large number of buyers waiting on the sidelines could eventually lead to increased competition once market confidence returns. Monitoring supply levels and pricing trends will be important for anyone planning to buy or sell in the Greater Toronto Area.
📈 Click here to read full report: https://trreb.ca/wp-content/files/market-stats/market-watch/mw2602.pdf
If you’re considering buying or selling in Brampton or anywhere in the GTA, I can help you navigate the market with the latest insights and strategies tailored to your goals.
➡️ Contact me today or download my free Buyer and Seller Guides to get started!