Market Report · Toronto · August 2026

Toronto Real Estate Market August 2026

Sales strengthen across every segment while prices keep sliding. July data shows semi-detached homes posting the steepest single-segment price drop of any Bode market city this cycle.

What is happening in the Toronto market right now?

Toronto’s July 2026 data shows sales running 10% above the five year average while new listings are down 6%, pushing inventory up 12% and months of supply up 2%. The benchmark price is $928,200, down 6.52% month over month and 3.23% year over year. Demand is clearly firming across every segment, yet prices continue to soften as the market works through supply built up over the past two years. Detached is the steadiest segment on an annual basis at -1.58%, with condominiums close behind at -1.67%. Semi-detached carries the steepest decline at -9.66% year over year, the largest single-segment annual price drop across all four Bode market cities in this reporting cycle.

01 Overall Market

Sales climb across the board but Toronto’s benchmark price keeps falling as the market works through built-up supply.

July data shows demand strengthening meaningfully. Sales are 10% above the five year July average, while new listings are down 6%. Inventory has increased 12%, pushing months of supply up 2%.

The benchmark price is $928,200, down 6.52% month over month and 3.23% year over year. Stronger sales activity has not yet stopped prices from softening, though the pace of the annual decline has eased from where it stood mid-year.

02 Detached Homes

Toronto’s most resilient segment as sales jump 17% and annual prices hold closest to flat.

Detached homes are leading the recovery. New listings are 5% above the five year July average, while sales have climbed 17%. Inventory has grown 26%, pushing months of supply up 10%.

The benchmark price is $1,455,200, down 6.10% month over month and 1.58% year over year. Detached remains the segment closest to price stability, supported by the strongest sales growth in the market.

03 Condominiums

Condominium conditions stabilize as sales inch higher and months of supply holds flat.

Condominiums are showing early signs of balance. New listings are 11% below the five year July average, while sales have edged up 4%. Inventory has increased 4%, leaving months of supply unchanged.

The benchmark price is $551,900, up 1.06% month over month and down 1.67% year over year. This is the only month over month gain across any Toronto segment this cycle, a signal that condominium pricing may be nearing a floor.

04 Semi-Detached Homes

The softest segment in Toronto as prices fall 9.66% annually despite sales climbing 16%.

Semi-detached is diverging sharply from the rest of the market. New listings are 9% below the five year July average, while sales have increased 16%. Inventory is up 12%, yet months of supply has fallen 3%, a combination that would normally point to firmer pricing.

The benchmark price is $1,146,300, down 11.26% month over month and 9.66% year over year, the steepest single-segment annual decline across all four Bode market cities this reporting cycle. The gap between rising sales and falling prices points to buyers transacting at lower price points within the segment rather than semi-detached demand weakening broadly.

Featured Listing · Toronto

See What is Available in Toronto Right Now

Browse current Toronto area listings on Bōde and see how the market data translates to real homes available today.

$1,490,000

15 Huggins Drive, Whitby, ON

Taunton North · 5 bed · 5.5 bath · 3,255 sqft

Two-storey detached Great Gulf home built in 2022, with over 4,500 sqft of finished livable space, granite counters with a stone backsplash, a main floor office, an upper floor library, and a fenced backyard. Walking distance to parks and schools with easy access to Highway 412 and the Whitby GO station. Priced at $458/sqft in a segment where the Toronto detached benchmark is $1,455,200. Occupancy available October 15, 2026.

Common Questions

Welcome to Bōde

Real Estate’s New State

Bōde is a licensed real estate platform operating in Alberta, BC, and Ontario. The platform handles every stage of the sale: listing on MLS and 1,000+ additional sites, marketing, offers, and closing. Pricing is $949 flat plus GST, or 1% capped at $10,000 plus GST, only when the property sells. The Homeowner Dashboard is free. Bōdie, the AI interface into Bōde AI, tracks ten categories of homeownership value continuously.

Maximize your home value across the entire lifecycle of ownership.

Activate your Bōde Homeowner Dashboard. It is free. Bōdie starts monitoring immediately.