Sectors / neighbourhoods
Downtown Core is Toronto's densest, most condo-driven market, and that shapes every transaction here. TRREB district…
Midtown is where Toronto's condo corridors meet its established house neighbourhoods, and pricing swings sharply…
The East End has shed its once-overlooked reputation. TRREB district E01, taking in Riverdale, Leslieville and the…
Toronto's West End blends grand High Park homes, Roncesvalles' Polish-village charm and Parkdale's fast-changing…
North York spans condo-dense Yonge corridor towers and quiet detached enclaves, and its prices reflect that split…
Scarborough remains the City of Toronto's affordability story. TRREB district E09, covering Woburn, Bendale and the…
Etobicoke ranges from the prestigious Kingsway to the lakeside condos of Mimico and the postwar bungalows of Rexdale,…
The former City of York, taking in Corso Italia, Caledonia-Fairbank, Keelesdale and the Eglinton West stretch, is one…
East York, the Danforth Village, Pape, Woodbine-Lumsden and O'Connor-Parkview neighbourhoods of the old borough, has…
Thorncliffe Park is one of Toronto's most apartment-dense communities, but it shares TREB district C11 with affluent…
By profession
The Toronto real estate market — Aug 2026
- Reference price (Aug 2026)
- $918,400 (-3.73%)
- Average price
- $979,684
- Market conditions
- Balanced market · 4.6 months
- Sales (Aug 2026)
- 1,767 transactions
- Avg. days on market
- 35 days
- Detached
- $1,437,900 (-4.33%)
- Semi-detached
- $1,127,200 (-4.07%)
- Townhouse
- $717,200 (-5.62%)
- Apartment
- $547,400 (-6.88%)
Toronto is Canada's largest urban market.
In August 2026, the MLS® benchmark price in Toronto stood at $918,400, down 3.73% year over year. The average price, all property types combined, was $979,684. By property type: detached $1,437,900 (−4.33%), semi-detached $1,127,200 (−4.07%), townhouse $717,200 (−5.62%), and apartment $547,400 (−6.88%). There were 1,767 sales during the month. With 4.6 months of inventory, the market is balanced by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers). Homes in Toronto took an average of 35 days to sell. Source: TRREB, August 2026.
Toronto is really a patchwork of micro-markets: a downtown condo, an East York semi and a Scarborough detached home behave like three different economies. For buyers, a city-wide average tells you little about a specific street; for sellers, pricing and timing are won at the neighbourhood level. The agent who actually works your district — and can read which blocks hold value — is what separates a confident purchase from an overpay.
At these price levels, a single percentage point is real money, so local expertise is decisive. Payotte lists one verified professional per sector across Toronto's 10 covered districts — real estate broker, mortgage broker, home inspector, real estate lawyer and certified appraiser — each ranked on Google reviews, experience and an active licence (RECO, FSRA, the Law Society of Ontario, the Appraisal Institute of Canada). One verified reference per neighbourhood, never a paid placement.
How Payotte selects
For every sector, Payotte publishes a single professional per profession — the highest-scoring on its 100-point grid (Google reviews 35, experience 30, active provincial licence 15, local presence 15, bonus 5). No paid placement, no ads, no commissions.
Frequently asked questions
What is the average home price in Toronto in 2026?
In August 2026, the MLS® benchmark price in Toronto stood at $918,400, down 3.73% year over year. The average price, all property types combined, was $979,684. By property type: detached $1,437,900 (−4.33%), semi-detached $1,127,200 (−4.07%), townhouse $717,200 (−5.62%), and apartment $547,400 (−6.88%). Source: TRREB, August 2026.
Is Toronto a buyer's or seller's market?
With 4.6 months of inventory, the market is balanced by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers). Homes in Toronto took an average of 35 days to sell. Source: TRREB, August 2026.
How fast do homes sell in Toronto?
Homes in Toronto took an average of 35 days to sell. With 4.6 months of inventory, the market is balanced by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers). Source: TRREB, August 2026.
How does Payotte choose the expert for a sector?
On a 100-point scale — Google reviews (35), experience (30), active licence (15), local presence (15) and a bonus (5). Only the single highest-scoring verified professional is published per sector. Placement cannot be bought.
Source : TRREB · Ville de Toronto · 2026-08 — figures updated with each board release.
The Toronto market pulse, every month
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Other cities in Ontario
- Ottawa — 6 sectors
- Mississauga — 6 sectors
- Brampton — 5 sectors
- Hamilton — 5 sectors
- Markham — 1 sector
- Vaughan — 1 sector
- London — 1 sector
- Kitchener — 1 sector
- Windsor — 1 sector
- Oakville — 1 sector
- Richmond Hill — 1 sector
- Burlington — 1 sector
- Oshawa — 1 sector
- Greater Sudbury — 1 sector
- Thunder Bay — 1 sector
- Barrie — 1 sector
- Guelph — 1 sector
- Kingston — 1 sector
- St. Catharines — 1 sector
- Brantford — 1 sector
- Waterloo — 1 sector