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GTA Homebuyers Benefit from Lower Prices and More Options

October 08, 2026

Home sales in the Greater Toronto Area fell 9% year-over-year in September, totaling 5,040, while the average selling price dropped to $1,006,409 from $1,060,036. The composite benchmark price declined 4.7%. Economic uncertainty, inflation, borrowing costs, and geopolitical tensions have dampened buyer activity. New listings also decreased by 14.4% to 16,500. Upcoming municipal elections may impact housing policies and market confidence.

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    Yama Lodin

    Yama Lodin

    Re/Max Hallmark Realty

    +1-416-566-4040

    Toronto, Ontario

    With over 20 years of experience in real estate, I help buyers, sellers, investors, and families navigate one of the most important decisions of their lives with confidence and cla...

    Re/Max Hallmark Realty
    Which Homes Can You Afford?
    See Your Options
    How Much Is Your Home Worth?
    Find My Home Value