05.8.26 | For Buyers

Housing Market Insight April 2026

🌷🏡 April 2026 Market Update – What’s Actually Happening

You’re seeing headlines this week saying GTA home sales are up, and they are. But here’s the part they’re not highlighting: compared to this time last year, overall sales activity across many GTA markets is still sitting below historical norms.

What we’re seeing from March to April is the typical spring market pickup. Activity tends to increase every year at this time, so while month-over-month numbers are improving, we’re still operating in a market with fewer overall sales and more cautious buyers compared to previous peak years.

That said, conditions continue to create opportunities on both sides.

For buyers, there is still room to negotiate in many segments of the market, especially in condos and certain townhouse categories. For sellers, inventory remains relatively controlled in many neighbourhoods, which can help well-priced homes stand out.

The headlines only tell part of the story. The real takeaway is that strategy matters more than ever in today’s market.


📊 Quick Numbers (for context, not overwhelm)

  • Sales: Up 7%
  • New listings: Down 9.3%
  • Average price: $1,051,969 (down about 5% from last year)

Month-to-month, both sales and listings went up—but sales went up faster, which usually means more competition is starting to build (even if it’s not obvious everywhere yet).


💬 So what does that actually mean?

Buyers have been slowly coming back into the market because things are more affordable than they were before. Lower prices + better rates = more people willing to make a move.

At the same time, there are still a lot of people waiting. Watching. Trying to figure out if prices are done dropping.

That’s the interesting part, if prices start to level out, those “wait-and-see” buyers could jump in pretty quickly.


🏗️ The bigger issue (that’s not going away)

There still aren’t enough homes being built to keep up long-term.

There’s a lot of talk right now about cutting red tape and making it easier to build, but that takes time. So for now, supply is something to keep an eye on.


🏠 What this means for you

If you’re buying:
You still have some negotiating power—but it may not last forever if competition picks up.

If you’re selling:
There’s less competition out there right now, and more buyers are starting to re-enter the market. That’s a good combo—but pricing still matters.


Bottom line

The market isn’t “hot”… but it’s also not slow anymore.
It’s shifting.

And usually, these in-between moments are where the best opportunities are—if you understand what’s actually going on.

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 $984,426

Burlington Real Estate Market

The average price in Burlington $1,061,423

Oakville Real Estate Market

The average price in Oakville $1,443,177


The average price in GTA $1,051,969

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

Previous Reports on GTA Housing Market News

October November December January February March

05.8.26 | Burlington

Canada’s May Market: High Activity, High Opportunity

Canada’s May Market: High Activity, High Opportunity

If you’re buying in Canada this May, you’re entering one of the busiest and most competitive moments of the year. More homes are hitting the market, which gives you more options—but you’re also competing with other serious buyers who are trying to secure a home before summer and the next school year.

From a buyer’s perspective, May is both an opportunity and a test of preparation. The homes you’ll see are fresh on the market, but they won’t stay available for long.

Success this month comes down to knowing what to look for, moving quickly, and making confident decisions when the right property shows up.


1. Focus on the Home’s True First Impression

When I walk up to a property, I pay attention immediately to how it feels. The exterior tells me a lot about how the home has been maintained.

Look for:

  • Clean and well-kept landscaping
  • Fresh, welcoming curb appeal
  • Signs of maintenance and care
  • The overall feel of the neighbourhood

If a home makes a strong first impression, it usually sets the tone for everything inside.


2. Look Beyond the Clutter

I don’t let furniture, décor, or clutter distract me. Instead, I focus on the layout and whether the home actually works for my needs.

I pay attention to:

  • Room sizes and how the space flows
  • Storage and functionality
  • Whether the layout feels practical
  • How easily I can picture my life in it

I remind myself: I’m buying the space, not the staging.


3. Envision the Home’s Potential

Every home has potential, even if it doesn’t match my exact style right away. I think about what it could become with small updates or personal touches.

I consider:

  • How my furniture would fit
  • What changes would make it feel like mine
  • Long-term livability
  • Whether the home fits my lifestyle goals

I focus less on perfection and more on possibility.


4. Pay Attention to Natural Light and Comfort

Natural light changes how a home feels, and I always notice it during showings. In May, this becomes even more obvious with longer daylight hours.

Observe:

  • Which rooms get the most sunlight
  • How bright the home feels throughout the day
  • Window placement and exposure
  • Overall warmth and comfort

A bright home usually feels more open and inviting.


5. Evaluate How the Home Is Presented Online

Before I even visit a home, I form an impression online. That’s why I pay attention to how a listing is presented.

Look for:

  • Clear, professional photos
  • Accurate and detailed descriptions
  • Virtual tours when available
  • Transparency in the listing information

Good presentation usually helps me take a home more seriously from the start.


6. Price Smart to Attract Strong Offers

Price is always part of my decision, but I don’t look at it in isolation. I compare it to the current market and recent sales in the area.

Consider:

  • What similar homes have sold for recently
  • How competitive the listing price is
  • How fast similar homes are selling
  • Overall demand in the neighbourhood

In May, I know I may need to act quickly if a home is priced well.


Your Path to a Successful Sale

As a buyer in this market, I know I need to be prepared, flexible, and decisive. May gives me more choices—but also more competition. The homes I like may not stay available for long, so I have to be ready to act when the right one comes along.

When I stay focused on value, potential, and long-term fit, I give myself the best chance of finding the right home in a busy market like this one.

Nanaimo Bar Cake

This Nanaimo Bar Cake transforms the classic Canadian dessert into a rich and elegant layer cake. It features moist chocolate cake layers, a smooth vanilla custard frosting, and a crunchy chocolate coconut crumble, finished with a silky dark chocolate ganache.

Prep Time: 2 hours
Cook Time: 50 minutes
Total Time: 2 hours 50 minutes
Servings: 12
Calories: 743 kcal


Ingredients

Dark Chocolate Ganache

  • 3 oz good-quality dark chocolate, finely chopped
  • 3 oz heavy cream

Chocolate Cake

  • 1 ½ cups all-purpose flour
  • 1 ½ cups granulated sugar
  • ¾ cup Dutch-processed cocoa powder, sifted
  • 1 ½ tsp baking soda
  • 1 tsp baking powder
  • 1 tsp salt
  • ¼ cup vegetable oil
  • ¾ cup buttermilk, room temperature
  • ¾ cup hot water
  • 2 large eggs, room temperature
  • 2 tsp vanilla extract

Chocolate Coconut Crumble

  • ¾ cup graham cracker crumbs
  • ¼ cup unsweetened shredded coconut
  • 2 tbsp granulated sugar
  • 1 tbsp Dutch-processed cocoa powder
  • 1 tsp black cocoa powder (optional)
  • ¼ cup unsalted butter, melted

Vanilla Custard Frosting

  • 1 ½ cups unsalted butter, room temperature
  • 4 cups powdered sugar, sifted
  • ¼ cup custard powder
  • 2–4 tbsp heavy cream
  • 1 tsp vanilla extract

Instructions

1. Prepare the Ganache

Place chopped chocolate in a bowl. Heat the cream until just simmering, then pour it over the chocolate. Cover and let sit for 2 minutes. Stir until smooth and glossy. Set aside to cool until thick but pourable.


2. Bake the Chocolate Cake

Preheat oven to 350°F (175°C). Grease and line three 6-inch round cake pans.

In a stand mixer, combine all dry ingredients. In a separate bowl, whisk together all wet ingredients, adding the hot water slowly.

Pour wet ingredients into dry and mix on medium speed for 2–3 minutes. The batter will be thin.

Divide evenly between pans and bake for 35–40 minutes, or until a toothpick comes out mostly clean. Cool in pans for 10 minutes, then transfer to a wire rack to cool completely.


3. Make the Crumble

Preheat oven to 350°F (175°C) and line a baking sheet.

Mix all dry ingredients, then add melted butter and stir until clumps form. Spread evenly and bake for 15 minutes. Cool completely.


4. Prepare the Frosting

Beat butter until smooth and creamy. Gradually add powdered sugar, then mix in custard powder.

Increase speed and beat for 3 minutes. Add vanilla and cream, adjusting consistency as needed. Whip until light and silky.


5. Assemble the Cake

Place one cake layer on a serving plate. Spread about ⅔ cup frosting evenly, then sprinkle crumble on top.

Repeat with remaining layers (leave the top layer without crumble). Apply a thin crumb coat and chill for 20 minutes.


6. Decorate

Spoon ganache around the edges to create drips, then spread over the top.

Pipe frosting on top and finish with additional crumble in the center.


Notes

  • Ganache can be made ahead and gently reheated if it becomes too firm.
  • Extra crumble makes a great topping for ice cream or other desserts.
  • Chill the cake slightly before slicing for cleaner layers.

Recipe by: Olivia Riedel

04.10.26 | For Buyers

Housing Market Insight March 2026

🌸🏡 GTA Housing Market Update – March 2026

Spring Market Gains Momentum as Inventory Tightens

This isn’t your typical market update focused on broad GTA or Milton averages, because those numbers don’t always reflect what’s actually happening on a local, practical level for buyers and sellers. This one is specifically for you.

Here’s what you need to know:

The market has not yet hit bottom. Inventory is down nearly 17% compared to last year, which means less competition if you’re selling, but also fewer options if you’re buying.

In Milton, prices are down approximately 5.3% year-over-year. While parts of the GTA have seen slight increases, Milton has remained relatively flat. At the same time, sales are down about 11%, reflecting a quieter, more selective market.

This is a market that rewards people who understand what’s really happening beneath the surface.

So now you know.


📊 March 2026 Market Snapshot

  • 5,039 home sales
    🔺 Up 1.7% vs. March 2025
  • 14,442 new listings
    🔻 Down 16.7% year-over-year
  • Average selling price: $1,017,796
    🔻 Down 6.7% vs. March 2025
  • MLS® HPI Composite Benchmark:
    🔻 Down 7.4% year-over-year

On a seasonally adjusted basis, both sales and new listings increased compared to February 2026, with sales rising at a slightly faster pace—further contributing to tightening market conditions.


💬 Market Insights

“Buyers continued to benefit from strong negotiating power in March, which is reflected in lower prices year-over-year,” said TRREB Chief Information Officer Jason Mercer.
“However, if the current trend of tightening supply continues, we could see selling prices begin to stabilize as we move through the rest of 2026.”

Month-over-month, prices remained relatively stable, with the MLS® HPI edging down slightly and the average selling price ticking up modestly from February.


🏠 What This Means for Buyers & Sellers

For Buyers:

  • Improved affordability continues to create opportunity
  • Fewer listings could mean increased competition in the months ahead

For Sellers:

  • Tightening supply may help stabilize prices
  • Well-positioned properties could see stronger demand this spring

Bottom Line

March marked a turning point toward a more balanced—and potentially tightening—market. With demand gradually returning and supply declining, the GTA housing market is entering the spring season with cautious optimism and the potential for increased activity.

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 $939,648

Burlington Real Estate Market

The average price in Burlington $1,098,789

Oakville Real Estate Market

The average price in Oakville $1,360,873


The average price in GTA $1,017,796

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

Previous Reports on GTA Housing Market News

September October November December January February

04.10.26 | Burlington

How to Make Your Home Stand Out This Spring Market

How to Make Your Home Stand Out This Spring Market

Spring is one of the busiest and most competitive seasons in the Canadian real estate market. With more homes hitting the market and increased buyer activity, standing out becomes essential for sellers who want to attract attention and secure strong offers.

If you’re planning to list your property this season, taking the right steps to present your home at its best can make all the difference. Here’s how you can make your home stand out in the spring market.


1. Boost Your Curb Appeal

First impressions matter, and your home’s exterior is the first thing buyers will see—both online and in person. Spring is the perfect time to enhance your curb appeal.

Simple improvements can include:

  • Cleaning up the yard and trimming hedges
  • Planting fresh flowers or greenery
  • Power washing driveways and walkways
  • Repainting the front door or updating house numbers

A well-maintained exterior signals to buyers that the home has been cared for, increasing its overall appeal.


2. Declutter and Deep Clean

A clean, clutter-free home allows buyers to focus on the space rather than distractions. Removing excess items makes rooms appear larger and more inviting.

Take time to:

  • Clear countertops and organize storage areas
  • Remove personal items such as family photos
  • Deep clean kitchens, bathrooms, and floors

A spotless home not only photographs better but also creates a positive impression during showings.


3. Stage Your Home for a Fresh, Neutral Look

Home staging is one of the most effective ways to attract buyers. The goal is to create a space that feels bright, modern, and universally appealing.

For spring, consider:

  • Light, neutral colour palettes
  • Fresh linens and simple décor
  • Adding natural elements like flowers or plants

Staging helps buyers envision themselves living in the space, which can lead to quicker and more competitive offers.


4. Let in Natural Light

Spring brings longer days and more sunlight—use it to your advantage. Bright, well-lit spaces feel more open and welcoming.

To maximize natural light:

  • Open curtains and blinds during showings
  • Clean windows inside and out
  • Use mirrors to reflect light and create a sense of space

A bright home creates a warm and inviting atmosphere that buyers are drawn to.


5. Invest in Professional Photography and Marketing

In today’s digital market, your listing photos are often the first impression buyers will have of your home. High-quality visuals can significantly increase interest and showings.

Consider:

  • Professional photography
  • Video tours or virtual walkthroughs
  • Well-written listing descriptions

Strong marketing ensures your property stands out among the many listings available during the busy spring season.


6. Price Your Home Strategically

Pricing plays a critical role in how your home is perceived. A well-priced property can attract more buyers and even generate multiple offers.

Work with a real estate professional to analyze market trends, comparable sales, and current demand in your area. Pricing your home competitively can help you gain attention quickly and maximize your results.


Conclusion

The spring market offers great opportunities for sellers—but also increased competition. By focusing on curb appeal, cleanliness, staging, lighting, marketing, and pricing, you can position your home to stand out and attract serious buyers.

With the right preparation and strategy, your home can shine in the spring market and achieve a successful sale.

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.

04.10.26 | For Buyers

Salty Pretzel Banana Pudding Ice Cream Cake

Salty Pretzel Banana Pudding Ice Cream Cake

Prep Time: 20minutes 
Total Time: 6hours  20minutes 
Servings: 8
Calories Per Serving: 469 kcal

Nutritional information is only an estimate. The accuracy of the nutritional information for any recipe on this site is not guaranteed.

 

Ingredients

  • 2 cups mini salted pretzels
  • 30 vanilla wafer cookies (about 2 big cups)
  • 1 stick (8 tablespoons) salted butter melted
  • 4 tablespoons honey
  • 3-4 cups vanilla ice cream
  • 2-3 ripe bananas
  • 3 teaspoons vanilla extract
  • 2 cups vanilla ice cream
  • 1 cup sliced fresh bananas
  • 1 cup heavy cream

 

Instructions

1. Line a 9 inch springform pan with parchment paper. Line a small baking sheet with parchment paper. Preheat the oven to 350°.
2. In a food processor, pulse the pretzels and Nilla wafer cookies into fine crumbs. Add the butter and pulse until the mixture holds together when pinched. Press half of the crumbs into the bottom of the springform pan, spread the remaining crumbs out on the baking sheet, drizzle with 1 tablespoon honey. Bake 5-8 minutes, until toasted.
3. Scoop 3-4 cups of vanilla ice cream out onto the cooled crust. Flatten/spread into a mostly even layer. Sprinkle with half of the loose pretzel/cookie crumbs. Freeze for 30 minutes.
4. Mash 2-3 bananas in a bowl with 2 tablespoons honey, 2 teaspoons vanilla, and a pinch of salt. Add 2 cups vanilla ice cream and gently swirl together. Spread onto the vanilla layer. Freeze for 30 minutes more.
5. Before serving, use an electric mixer to whip the cream with 1-2 tablespoons honey, 1 teaspoon vanilla, and a pinch of salt until soft peaks form.
6. Remove the cake from the freezer. Use the parchment paper to lift the cake out of the pan. Top with sliced bananas, whipped cream, and the remaining crumbs. Slice and enjoy immediately.
Recipe by: Tieghan Gerard

03.11.26 | For Buyers

Housing Market Insight February 2026

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


The average price in GTA $1,008,968

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

Previous Reports on GTA Housing Market News

August September October November December January

03.11.26 | Burlington

Why March Might Be the Best Month to List Your Home

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.

03.11.26 | For Buyers

Guinness Chocolate Cake with Cream Cheese Frosting

Guinness Chocolate Cake with Cream Cheese Frosting

Ingredients

For The Chocolate Guinness Cake:

  • 2 cups Guinness (or other stout)
  • 2 cups (4 sticks) unsalted butter
  • 1 1/2 cups dark chocolate unsweetened cocoa powder (or regular unsweetened cocoa powder)
  • 4 cups all-purpose flour
  • 4 cups sugar
  • 1 Tbsp. baking soda
  • 2 tsp. salt
  • 4 large eggs
  • 1 1/3 cups sour cream

For The Cream Cheese Frosting:

  • 3 (8 oz.) bricks cream cheese, room temperature
  • 1 cup (2 sticks) unsalted butter, room temperature
  • 1 Tbsp. vanilla extract
  • 1/2 tsp. salt
  • 6 cups powdered sugar

Instructions

To Make The Cake:

  1. Preheat oven to 350°F.
  2. Butter three 8-inch round cake pans with 2-inch-high sides, and line the bottoms of the pans with parchment paper. Butter paper.
  3. Bring the Guinness and 2 cups butter to simmer in a large saucepan over medium heat. Add cocoa powder and whisk until mixture is smooth and no lumps remain. Transfer the mixture to the freezer and let cool for 10 minutes.
  4. Meanwhile, whisk flour, sugar, baking soda, and 1 1/2 teaspoons salt in large bowl to blend.
  5. In a stand mixer, beat the eggs and sour cream on medium speed until combined. Add the slightly-cooled Guinness mixture to the egg mixture, and beat on low speed just until combined. Add flour mixture and beat briefly on slow speed for 10 seconds. Using rubber spatula, fold batter the rest of the way until completely combined. Divide batter equally among prepared pans. (I use a kitchen scale to be sure that the cakes are even.)
  6. Bake cakes until a toothpick inserted into center of cakes comes out clean, about 35-40 minutes. Transfer cakes (within their pans) to rack, and cool 10 minutes. Then carefully turn cakes out onto rack and cool completely. Frost with cream cheese frosting once cooled. Keep cake covered in a sealed container, and refrigerate for up to 3 days, although this cake is best enjoyed the day it is made!

To Make The Frosting:

  1. Using an electric mixer, cream together cream cheese and butter on medium speed for 1 minute or until smooth with no lumps remaining. Add in vanilla extract and salt, and continue mixing until combined. Lower speed to medium-low and gradually add in powdered sugar. Increase speed to medium-high and beat until combined. If frosting is too thick, you can add in a teaspoon or two of water. If it is too thin, you can add in more powdered sugar.

 

Recipe By: Gimme Some Oven

02.12.26 | For Buyers

Housing Market Insight January 2026

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


The average price in GTA $973,289

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

Previous Reports on GTA Housing Market News

July August September October November December