May 2026
Sales jump 14% — detached homes lead
Sales
9,184
Avg price
$1,162,400
+2.3% MoM
Market Updates
Market Updates.
Live Ontario housing-market reports. TRREB sales volumes, average prices, days-on-market, segment breakdowns, and MLS®-sourced monthly data — updated every month.
8 articles·AI-augmented analysis·Updated monthly
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GTA monthly market snapshots.
Powered by live TRREB data. Sales volumes, average prices, month-over-month moves — every report archived for trend comparison.
Latest
April 2026
Rate cut sparks 12% MoM volume recovery
Sales
8,041
Avg price
$1,135,800
+1.3% MoM
March 2026
Listings build ahead of spring market
Sales
7,198
Avg price
$1,121,400
-0.4% MoM
February 2026
Slow start as buyers wait on BoC
Sales
5,604
Avg price
$1,125,800
0.0% MoM
January 2026
Year opens with cautious pricing
Sales
4,223
Avg price
$1,125,200
-0.9% MoM
December 2025
Year-end volume thin, prices stable
Sales
4,010
Avg price
$1,135,300
+0.2% MoM
Latest Market Updates
8 articles · sorted by newest first
FeaturedMarket UpdatesBank of Canada Holds at 2.25% (June 10, 2026): What the Fifth Straight Hold Means for GTA Housing
The Bank of Canada held its overnight rate at 2.25% on June 10, 2026 — a fifth consecutive hold — citing a soft economy, Middle East-driven energy prices, and U.S. trade uncertainty. Here's what it means for GTA mortgage rates, buyers, and sellers, and when the next decision lands (July 15, 2026).
June 10, 20265 min read
Market UpdatesBank of Canada Rate Decision Preview — June 10, 2026: Will Rates Hold at 2.25%?
The Bank of Canada's next overnight rate decision lands June 10, 2026, with the policy rate currently at 2.25%. This is Summitly's forecast ahead of the announcement — what we expect and what it means for GTA buyers, sellers, and mortgage holders.
June 6, 20265 min read
Market UpdatesGTA Housing Market Report — May 2026
TRREB reported 6,583 GTA home sales in May 2026, up 6.3% year-over-year, while the average selling price eased 4.6% to $1,069,700 and new listings fell 18.9% — a market that tightened on supply even as prices softened.
May 30, 20266 min read
Market UpdatesHamilton Housing Market — May 2026 Snapshot
Hamilton-Burlington REALTORS Association reports 1,142 sales in May 2026 with average price at $812,400 — up 1.4% YoY as buyers shift to value-priced western GTA.
May 30, 20265 min read
Market UpdatesTRREB Condo Apartment Segment — May 2026 Deep Dive
Average GTA condo price held at $698,200 with 2,465 sales in May 2026. Downtown core remains soft while suburban 905 condos showed renewed strength.
May 30, 20266 min read
Market UpdatesOttawa Real Estate Market — May 2026 Report
Ottawa Real Estate Board reports 1,684 May 2026 sales with average price at $698,500. Stable federal employment and lower entry prices keep Ottawa resilient.
May 28, 20265 min read
Market UpdatesGTA Housing Market Report — April 2026
First month after the Bank of Canada's 25bp cut: sales jumped 11.7% month-over-month while average price held at $1,135,800. The pivot quarter has begun.
May 1, 20265 min read
Market UpdatesKitchener-Waterloo Housing Market — Q1 2026 Recap
WRAR reports K-W average price at $782,300 in Q1 2026 (up 3.2% YoY). Tech-sector hiring at Google, Shopify, and Vidyard continues to drive demand.
Apr 14, 20264 min read
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