February 2026– GTA Housing Market News

Here is our quick market update!

🏡 GTA Housing Market Update – February 2026

So sales are down and prices are down, but the market is definitely not quiet. Here’s a quick market update.

So far this year, sales are down about 6% compared to last year, and the average price is down just over 7%. We’re also seeing fewer new listings coming to market, which has created a bit of a pause. Some buyers are waiting to see where prices will level out before making a move.

That said, the interesting part is that well-priced homes are still seeing strong activity. In fact, we’re even seeing multiple offers on freehold homes priced under a million dollars.

What this really tells us is that the market right now is a bit of a split story. If a home is overpriced, it tends to sit. But if it’s priced properly and positioned well, it’s going to move.

For buyers, this can actually be a great window of opportunity. The key, though, is to think with a long-term mindset. If you’re buying, you should plan to stay for five to ten years, which gives you time to ride out the normal cycles of the market.

📊 February 2026 Market Snapshot

• 3,868 home sales
  🔻 Down 6.3% vs. February 2025

• 10,705 new listings
  🔻 Down 17.7% year-over-year

• Average selling price: $1,008,968
  🔻 Down 7.1% vs. February 2025

• MLS® HPI Composite Benchmark:
  🔻 Down 7.9% year-over-year

On a seasonally adjusted basis, both sales and new listings declined compared to January 2026, with listings falling at a faster rate than sales. Price indicators also edged lower month-over-month.

📉 Pent-Up Demand Could Drive Future Activity

Despite the current slowdown, demand remains strong beneath the surface.

“There is substantial pent-up demand in the GTA ownership market, with more than 100,000 potential buyers currently waiting on the sidelines,” said TRREB Chief Information Officer Jason Mercer.
“Buyers are looking for price stability and positive developments on the trade front. Once those conditions emerge, we could see significant momentum in home sales during the second half of this year and into 2027.”

🏗️ Addressing the ‘Missing Middle’ Housing Gap

Looking ahead, long-term housing stability in the GTA will depend on expanding housing options between condominium apartments and traditional single-family homes.

“The sustainability of the GTA housing market depends on bridging the gap between condos and detached homes,” said TRREB CEO John DiMichele.
“Through the Housing Advancement Coalition, TRREB is urging federal and provincial governments to take targeted action to support the construction of ‘missing middle’ housing—such as townhomes, multiplexes, and mid-rise developments.”

🏠 What This Means for Buyers and Sellers

For Buyers:
Lower prices and improving affordability remain positive factors, but fewer listings may increase competition if demand returns.

For Sellers:
With listing supply declining, well-priced homes may attract strong interest as buyer demand gradually returns.

Bottom Line:
February’s market showed tightening inventory and cautious buyer activity, but strong underlying demand suggests the GTA housing market could gain momentum once economic confidence improves.

All in all, it’s a market that favors buyers, but things can still move fast if the property hits the right price point. If you’re curious about what all this means for your home or area specifically, feel free to get in touch — we’re always happy to help.

Milton Real Estate Market

The average price in Milton $974,613

Burlington Real Estate Market

The average price in Burlington $1,070,052

Oakville Real Estate Market

The average price in Oakville $1,325,983

 

Have questions about the market? Contact us today to learn more!

Previous Reports on GTA Housing Market News

August September October November December January

Why March Might Be the Best Month to List Your Home

As winter begins to fade and the first signs of spring appear, the real estate market often starts to come alive. March marks the transition into one of the busiest seasons for buying and selling homes, making it an ideal time for homeowners to consider listing their property. If you’re thinking about selling this year, March may offer several advantages that can help your home attract more buyers and potentially sell faster.

Increased Buyer Activity

Many buyers begin their home search in early spring, and March is typically when activity starts to increase. Warmer weather and longer daylight hours encourage more people to attend open houses and schedule property viewings. Families looking to move often aim to purchase a home in the spring so they can settle in before the new school year begins.

By listing your home in March, you position your property in front of motivated buyers who are actively searching.

Less Competition Compared to Peak Spring

While the spring market is known for having more listings, March often offers a unique advantage: the number of buyers may start increasing before the number of homes for sale rises significantly. Many sellers wait until late spring to list their properties, meaning that homes listed in March can face less competition.

With fewer properties available, your home may stand out more and attract greater interest from buyers.

Homes Show Better in Early Spring

After months of winter, buyers are eager to see homes that feel fresh and welcoming. Early spring offers the opportunity to showcase your home with natural light, tidy landscaping, and a bright, clean interior.

Simple updates such as decluttering, adding fresh flowers, or enhancing curb appeal can make a significant difference in how buyers perceive your property during showings.

Serious and Motivated Buyers

Buyers searching in March are often serious about making a purchase. Many have already prepared financially, secured mortgage pre-approval, and are ready to act quickly when they find the right home.

Listing during this time can attract buyers who are prepared to move forward with confidence, which may lead to stronger offers and smoother negotiations.

A Head Start on the Spring Market

Listing your home in March allows you to get ahead of the busiest months of the real estate season. Instead of competing with the large number of homes that typically appear in late spring and early summer, your property can gain early attention from buyers eager to secure a home before competition intensifies.

Final Thoughts

Timing can play an important role in the success of a home sale. March offers a combination of rising buyer demand, manageable competition, and favorable seasonal conditions that can help your property stand out in the market.

If you’re considering selling your home this year, preparing early and listing in March may give you the advantage you need to attract motivated buyers and achieve the best possible results.

If you’re planning to sell or would like to learn more about the current market, working with a knowledgeable real estate professional can help you determine the best strategy for your property.

Guinness Chocolate Cake with Cream Cheese Frosting

January 2026– GTA Housing Market News

Here is our quick market update!

🏡 GTA Housing Market Update – January 2026

Market Activity Slows as Prices Continue to Ease

2025 just wrapped up with a little over 62,000 transactions. That makes it the slowest year for sales that we’ve seen since 1995. That was 31 years ago.

Across the GTA, transactions were down almost 20% compared to January last year. If we zoom in on the Milton market, sales were down 29%, with only 82 homes sold in January. The median price in Milton has held fairly steady compared to the last couple of January, whereas across the GTA, the prices are down about 6.5% year over year.

Some people are blaming the extremely cold weather that we’ve seen for the slow down. Maybe that’s part of it. But here’s the bigger picture. Interest rates have been coming down, and at the same time, prices have also been adjusting downward.

If you’re thinking about buying or selling this year, strategy matters more than ever.

📊 January 2026 Market Snapshot

• 3,082 home sales
  🔻 Down 19.3% vs. January 2025

• 10,774 new listings
  🔻 Down 13.3% year-over-year

• Average selling price: $973,289
  🔻 Down 6.5% vs. January 2025

• MLS® Home Price Index (MLS® HPI) Composite Benchmark:
  🔻 Down 8.0% year-over-year

On a seasonally adjusted basis, home sales declined month-over-month compared to December 2025, while new listings edged slightly higher. Both the MLS® Home Price Index (MLS® HPI) Composite and the average selling price continued to trend lower, reinforcing the affordability gains seen over the past year.

📉 What This Means for the Market

January’s numbers reflect a cautious start to the year, with many buyers remaining on the sidelines amid broader economic uncertainty. However, softer prices and easing market conditions may present opportunities for well-prepared buyers as 2026 unfolds.

📘 2026 Market Outlook Now Available

TRREB’s 2026 Market Outlook and Year in Review Report has been released and offers a comprehensive look at the GTA real estate landscape. The report includes insights on:

• Residential resale trends

• New home and condominium markets

• Commercial real estate activity

• Key economic drivers shaping the year ahead

📌 If you’re planning to buy, sell, or invest this year, this report is a valuable resource for understanding where the market may be headed.

Bottom Line:
While activity slowed in January, improving affordability and increased market insight set the stage for potential opportunities later in 2026—particularly as confidence returns and conditions stabilize.

All in all, it’s a market that favors buyers, but things can still move fast if the property hits the right price point. If you’re curious about what all this means for your home or area specifically, feel free to get in touch — we’re always happy to help.

Milton Real Estate Market

The average price in Milton $1,046,516

Burlington Real Estate Market

The average price in Burlington $1,031,580

Oakville Real Estate Market

The average price in Oakville $1,330,082

 

Have questions about the market? Contact us today to learn more!

Previous Reports on GTA Housing Market News

July August September October November December

Cozy Home Inspiration for Winter

Winter in Canada brings crisp air, shorter days, and a renewed appreciation for the comfort of home. As temperatures drop, creating a warm and inviting living space becomes more than a design choice—it becomes a lifestyle essential. A cozy home not only enhances comfort during the colder months but also promotes relaxation, well-being, and quality time with loved ones.

Here are practical and stylish ways to transform your home into a cozy winter retreat.

1. Layer Textures for Warmth and Comfort

One of the simplest ways to make your home feel cozy is by layering textures. Soft furnishings instantly add warmth and visual interest to any room.

Consider incorporating:

• Plush throw blankets and knit or faux-fur cushions

• Area rugs to insulate floors and define spaces

• Upholstered furniture with soft, inviting fabrics

Layering textures creates depth and makes your home feel more comfortable and welcoming during long winter evenings.

2. Use Warm, Ambient Lighting

Lighting plays a key role in setting a cozy atmosphere. During winter, maximizing soft, warm light can make spaces feel more intimate and calming.

Opt for:

• Table and floor lamps with warm-toned bulbs

• Candles or LED candles for a soft glow

• String or accent lights to add warmth to darker corners

Avoid harsh overhead lighting where possible, and focus on creating gentle layers of light throughout your home.

3. Embrace Warm and Neutral Colour Palettes

Winter is the perfect time to introduce warmer tones into your home décor. Neutral shades paired with rich accents can instantly elevate the coziness of a space.

Popular winter colour choices include:

• Cream, beige, and soft grey

• Warm browns and taupe tones

• Deep accents such as forest green, navy, or burgundy

These colours create a calm and grounded environment that feels both stylish and seasonally appropriate.

4. Create Inviting Spaces for Relaxation

Designate areas in your home specifically for comfort and relaxation. A cozy reading nook, a warm living room seating arrangement, or a welcoming bedroom can make a significant difference during winter.

Enhance these spaces with:

• Comfortable seating and layered pillows

• Side tables for books, tea, or candles

• Soft curtains that help retain warmth

The goal is to create spaces that encourage rest, reflection, and togetherness.

5. Add Natural Elements for Balance

Bringing natural elements indoors adds warmth and balance during the winter months. Wood, greenery, and organic textures soften interiors and connect your space to nature.

Simple ideas include:

• Wooden furniture or décor accents

• Dried florals or evergreen arrangements

• Indoor plants that thrive in low light

These elements add character while maintaining a calm and cozy aesthetic.

6. Focus on Comfort in Bedrooms

Winter is the season of rest, making bedroom comfort especially important. Upgrading bedding and textiles can dramatically improve both warmth and sleep quality.

Consider:

• Flannel or high-thread-count cotton sheets

• Layered duvets and comforters

• Soft bedside rugs to keep floors warm

A cozy bedroom creates a peaceful escape from cold winter nights.

Conclusion

Creating a cozy home for winter is about more than décor—it’s about comfort, warmth, and intentional living. By layering textures, enhancing lighting, embracing warm colours, and designing inviting spaces, you can transform your home into a welcoming sanctuary throughout the Canadian winter season.

Whether you’re settling in for quiet evenings or hosting family and friends, a cozy home makes winter something to truly enjoy.

Sheet Pan Hot Honey Chicken and Veggie Glow Bowls

December 2025– GTA Housing Market News

Here is our quick market update!

🏡 GTA Housing Market Update – December & Year-End 2025

Affordability Improves as Market Prepares for Recovery

Home sales across the Greater Toronto Area (GTA) declined in 2025 compared to 2024, as economic uncertainty continued to weigh on consumer confidence. At the same time, elevated listing inventory throughout the year gave buyers more choice and negotiating power—resulting in lower selling prices and improved overall affordability.

“The GTA housing market became more affordable in 2025 as both selling prices and mortgage rates trended lower,” said TRREB President Daniel Steinfeld.
“This improvement has laid the groundwork for recovery. Once households feel confident that the economy and labour market are on solid footing, pent-up demand will begin to translate into increased home sales.”

📊 2025 Year-End Market Snapshot

• 62,433 total home sales
  🔻 Down 11.2% from 2024

• 186,753 new listings
  🔺 Up 10.1% year-over-year

• Average selling price (2025): $1,067,968
  🔻 Down 4.7% from 2024

Higher inventory levels throughout the year helped shift the market toward better balance, creating improved affordability conditions for buyers heading into 2026.

📅 December 2025 Market Highlights

• 3,697 home sales
  🔻 Down 8.9% vs. December 2024

• 5,299 new listings
  🔺 Up 1.8% year-over-year

• Average selling price: $1,006,735
  🔻 Down 5.1% vs. December 2024

• MLS® HPI Composite Benchmark:
  🔻 Down 6.3% year-over-year

On a seasonally adjusted basis, sales dipped slightly from November while new listings increased. The MLS® HPI edged lower month-over-month, while the average selling price rose modestly—reflecting ongoing price stability near year-end.

💬 Expert Outlook for 2026

“Stronger trade certainty and major domestic infrastructure investments will be key to improving housing activity,” said TRREB Chief Information Officer Jason Mercer.
“Even with better affordability, households need confidence in their employment outlook before committing to long-term mortgage payments.”

TRREB CEO John DiMichele emphasized the role of government policy in restoring confidence and easing cost pressures:

“Governments at all levels must act now to provide meaningful tax relief and address the rising cost of living,” DiMichele said.
“Families need financial breathing room to afford housing and meet everyday expenses. Fair, responsible tax policies can help rebuild trust, restore confidence, and support a more stable and inclusive economy.”

🏠 The Bottom Line

2025 was a year of adjustment and improving affordability for the GTA housing market. While uncertainty held back sales, lower prices, easing borrowing costs, and strong inventory levels have positioned the market for a potential rebound—once economic confidence strengthens.

As we head into 2026, buyers and sellers alike will be watching closely for signs of stability, policy action, and renewed momentum.

All in all, it’s a market that favors buyers, but things can still move fast if the property hits the right price point. If you’re curious about what all this means for your home or area specifically, feel free to get in touch — we’re always happy to help.

Milton Real Estate Market

The average price in Milton $973,454

Burlington Real Estate Market

The average price in Burlington $995,162

Oakville Real Estate Market

The average price in Oakville $1,344,131

 

Have questions about the market? Contact us today to learn more!

Previous Reports on GTA Housing Market News

June July August September October November

Home Staging Tips That Actually Work

(Because “just clean it” isn’t a real plan)

Let’s be real for a second—home staging sounds fancy… until you realize most advice is basically “declutter and light a candle.”

Helpful? Sure.
Enough to make buyers fall in love? Not really.

If you want people to walk in, feel something, book a showing, and start picturing their life in your home, you need staging tips that actually work—not Pinterest-perfect setups or expensive upgrades.

The good news? You don’t need to be an interior designer or spend thousands. You just need a few smart moves, a little psychology, and some intention.

Let’s break it down 👇

🧠 First Rule of Staging: It’s Not Your Home Anymore

It’s their future home.

Buyers aren’t there to see your life—they’re trying to imagine theirs. Morning coffee at the counter. Movie nights on the couch. Holidays around the table.

That’s why staging isn’t about decorating. It’s about creating space for imagination.

What actually helps:

• Packing away personal photos (yes, even the adorable ones)

• Toning down bold décor that feels very “someone else lives here”

• Keeping things warm, neutral, and inviting—not cold, not cluttered

Think hotel vibes, not storage unit.

🛋️ Furniture: More Space Beats More Stuff

One of the most common staging mistakes? Too much furniture.

Buyers want to see the space—not squeeze past it.

Try this:

• Remove about 30% of the furniture in each room

• Pull furniture slightly away from walls so rooms feel open

• Use area rugs to define spaces, especially in open layouts

If a room feels small, it’s usually not the room—it’s what’s inside it.

🎨 Paint: The Easiest Upgrade with the Biggest Payoff

If there’s one thing that almost always pays off, it’s fresh paint.

Not red.
Not purple.
Not “this was trendy in 2009.”

Go for buyer-friendly shades like:

• Warm whites

• Soft greige

• Light beige or taupe

They make rooms brighter, photograph better, and help buyers imagine their own style on the walls. Plus, fresh paint quietly tells buyers, “This home has been taken care of.”

💡 Lighting: Instant Mood Upgrade

Even the nicest home can feel off if it’s dark.

Easy fixes that make a big difference:

• Open all curtains and blinds

• Swap dim bulbs for bright, warm ones

• Add lamps to dark corners (yes—even if you have overhead lights)

A bright home feels happier, cleaner, and more welcoming—and buyers definitely notice.

🍋 Kitchens & Bathrooms: Small Touches, Big Impact

These rooms matter. A lot.

You don’t need a full remodel—just smart staging.

In the kitchen:

• Clear the counters (leave one intentional item, like a bowl of fruit)

• Put away dish racks, sponges, and clutter

• Add a simple touch like fresh flowers or a cutting board

In the bathroom:

• Clean, white towels (hotel-style)

• A fresh shower curtain

• Clear everything off the counter except soap

If it looks too clean, you’re doing it right.

🌿 Bring in a Little Life

A staged home shouldn’t feel empty or stiff—it should feel lived-in (but not too lived-in).

Easy ways to do that:

• Add plants (real or good-quality faux)

• Fresh flowers for photos and open houses

• Neutral pillows or cozy throws

These little details create emotion—and emotion is what sells homes.

👃 Yes, Smell Matters

Buyers might forget the layout, but they won’t forget how a home smells.

What works:

• Fresh air

• Clean, neutral scents

• Light citrus or fresh linen

What doesn’t:

• Strong candles

• Overpowering sprays

• Trying to cover smells instead of removing them

If you notice the scent right away, it’s probably too much.

📸 Stage for Photos First

Most buyers fall in love online before they ever walk through the door.

So staging needs to look good on camera.

Quick tips:

• Think about listing photos when staging each room

• Hide cords and floor clutter

• Aim for balance and symmetry—it photographs better

More clicks → more showings → better offers.

✨ Final Thought: Staging Is Really About Telling a Story

The best-staged homes don’t just look nice. They feel right.

They quietly say:

• “This is comfortable.”

• “This is easy to live in.”

• “This could be yours.”

And once buyers feel that, they don’t just like the home—they want it.

💬 Thinking of selling?

Staging doesn’t have to be stressful or expensive—especially when you focus on what actually works.

📩 Want staging tips tailored to your home?
📊 Curious what well-staged homes in your area are selling for?

Let’s make your home unforgettable ✨

Garlic Butter Steak Bites with Crispy Potatoes

Melty, rich garlic butter-coated steak bites with perfectly seasoned potatoes.

November 2025– GTA Housing Market News

Here is our quick market update!

🏡 GTA Housing Market Update – November 2025

Cautious Buyers, Softer Prices, and Signs of Renewed Economic Optimism

The Greater Toronto Area (GTA) housing market saw slower activity in November, with home sales, new listings, and selling prices all trending below last year’s levels. While borrowing costs and pricing remain attractive for many would-be buyers, continued economic uncertainty kept a significant number on the sidelines.

“Many GTA households are eager to take advantage of lower rates and more favourable prices,” said TRREB President Elechia Barry-Sproule.
“What they need most now is confidence in their long-term employment outlook. Encouraging job and economic news in November is a promising step—if the momentum continues, we may see stronger homebuyer confidence heading into 2026.”

📊 November 2025 Market Snapshot

• 5,010 home sales
  🔻 Down 15.8% vs. November 2024

• 11,134 new listings
  🔻 Down 4% year-over-year

• Average selling price: $1,039,458
  🔻 Down 6.4% year-over-year

• MLS® HPI Composite benchmark:
  🔻 Down 5.8% year-over-year

Month-over-month, both sales and new listings dipped slightly on a seasonally adjusted basis. Price trends held steady, with the MLS® HPI edging down and the average selling price ticking up marginally from October.

💬 Experts Share Market Insights

Despite uncertainty earlier in the fall, November’s economic data offered some positive surprises.

“November’s employment and GDP numbers outperformed expectations,” noted Jason Mercer, TRREB’s Chief Information Officer.
“The Canadian economy appears to be withstanding trade-related pressures better than anticipated. More stability on the trade front, combined with the boost from major infrastructure investments, could help restore homebuyer confidence moving forward.”

🏗️ Housing Supply: The Long-Term Challenge

A well-supplied resale market continues to give buyers breathing room—but sustaining that balance requires continued new construction.

“As resale inventory gets absorbed, we need new housing to fill the pipeline,” said TRREB CEO John DiMichele.
“Ontario needs more options between condo apartments and traditional single-family homes—missing middle housing that supports families and affordability. Construction activity also drives major economic benefits, which are especially valuable in today’s climate. All three levels of government must step up with incentives that help get more homes built.”

🏠 What This Means for Buyers & Sellers

For Buyers:

• Affordability remains better than in recent years

• Choice is strong across most segments

• Improving economic signals may strengthen confidence heading into 2026

For Sellers:

• Pricing competitively is crucial in today’s buyer-leaning market

• Well-prepared listings continue to attract motivated, serious buyers

Bottom Line

November brought cooler market activity but warmer economic signals. As job growth stabilizes and major infrastructure projects roll out, confidence may rise—setting the stage for a more active 2026 housing market.

All in all, it’s a market that favors buyers, but things can still move fast if the property hits the right price point. If you’re curious about what all this means for your home or area specifically, feel free to get in touch — we’re always happy to help.

Milton Real Estate Market

The average price in Milton $964,583

Burlington Real Estate Market

The average price in Burlington $1,050,257

Oakville Real Estate Market

The average price in Oakville $1,389,725

 

Have questions about the market? Contact us today to learn more!

Previous Reports on GTA Housing Market News

June July August September October