Hello! Here are the July 2026 real estate market stats
Mississauga and GTA real estate market slowed down in July 2026 in comparison to the same time a year ago.
Number of sales was 0.9% lower than a year ago.
The average home price was lower by 4.5%! than a year ago.
Sales were down in 905 area and mixed in 416 area.
The biggest decrease in sales (-6.8%) was in semi-detached category in 416 area.
The biggest increase in sales (+8.7%!!) was in townhouse category in 416 area.
Please have a look below
Source: Market Watch, TRREB
The average house price was down by 4.5% comparing to July of last year, and in terms of dollars, it was $47,644 lower!!.
The average house price, comparing to the previous month in terms of dollars went down by $54,693!!!
Please have a look below.
Source: Market Watch, TRREB
Summary
- The GTA real estate market slowed down in July 2026.
- The average house price was almost $48,000 lower in July 2026 than a year ago, and also almost $55,000 lower comparing to the previous month.
- Some discounted mortgage interest rates went up insignificantly, and posted interest rates remained unchanged.
~ T h i s M o n t h ~
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Mississauga & GTA Real Estate Market Watch
- Current Interest Rates
GTA Realtors® Release July 2026 Stats
TORONTO, ONTARIO, August 6, 2026 – Greater Toronto Area (GTA) resale housing market conditions tightened in July 2026 compared the same month a year earlier. Home sales edged slightly lower over that period, while new listings were down substantially. This suggests that active homebuyers faced more competition from other potential purchasers. If this trend continues, average selling prices could level off in the second half of this year.
“With sales accounting for a larger share of listings, buyers may find there is less room to negotiate moving forward. If current trends continue, home prices could start to level off compared to last year. Many would-be homebuyers are waiting for confidence in the market and broader economy to improve before making a purchase. This includes more clarity on tariffs, inflation and borrowing costs.” said TRREB President Daniel Steinfeld.
“While uncertainty about the economy and borrowing costs persists, recent news has been more positive than expected. The latest readings on economic growth and jobs surprised to the upside. This could help bolster consumer confidence and prompt an uptick in home purchases in the months ahead, especially if home prices stabilize as we move through the fall,” said TRREB Chief Information Officer Jason Mercer.
GTA REALTORS® reported 5,995 home sales through TRREB’s MLS® System in July 2026 – a slight decrease of 0.9 per cent compared to July 2025. New listings entered into the MLS® System amounted to 14,484 – down by 17.8 per cent year-over-year.
On a seasonally adjusted basis, July 2026 home sales were up month-over-month compared to June 2026, while new listings were down, which means market conditions continued to tighten during the summer.
The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by 4.6 per cent year-over-year in July 2026. The average selling price, at $1,003,956, was down by a similar annual rate of 4.5 per cent.
On a month-over-month seasonally adjusted basis, MLS® HPI Composite edged up compared to June 2026, whereas the average selling price was slightly lower.
“Removing remaining municipal roadblocks to attainable housing is a pressing issue in the GTA and Simcoe County. Restrictive zoning, outdated rules, high taxes and fees, and approval delays are making housing more expensive and are key issues in the upcoming municipal election. They add tens of thousands of dollars to the cost of every home and need to be reformed,” said TRREB CEO John DiMichele.
Source: Market Watch, TRREB
Mississauga & GTA Home Sales
July 2025 - July 2026 Comparison
Average house price was down by $47,644, number of sales was down by 52 units, time to sell a house was longer by 5 days.
Mississauga & GTA Home Sales
June 2026 - July 2026 Comparison
Average house price was lower by $54,693, number of house sales was lower by 775 units, time to sell was the same.
Current Interest Rates
Rates quoted by Invis Canada are subject to change up↑ or down↓ without notice.
| Quote of the Month Courage is fire, and bulling is smoke. ~ Benjamin Disraeli ~
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Sales and Average Price Up in Calendar Year 2013
January 6, 2014 – Greater Toronto Area REALTORS® reported 4,078 residential
transactions through the TorontoMLS system in December 2013 – up by almost 14 per cent
compared to 3,582 sales reported in December 2012. New listings entered into the
TorontoMLS system were down by almost four per cent over the same period.
Total sales for calendar year 2013, at 87,111, were up by approximately two per cent
compared to 85,496 transactions in calendar year 2012.
“After a slow start to the year, sales growth accelerated to a brisk pace in the second half
of 2013. Despite the inclement weather in December, we finished the year with a
respectable gain in transactions compared to 2012. Looking forward, I believe that home
ownership in the GTA will remain affordable as borrowing costs stay low. The result could
be a further increase in sales in 2014,” said Toronto Real Estate Board President Dianne
Usher.
“The average selling price will be up again in 2014 and by more than the rate of inflation.
The seller’s market conditions that drove price growth in the second half of 2013 will
remain in place in many parts of the GTA. Some neighbourhoods, especially those
characterized by low-rise home types like singles, semis and townhomes, will continue to
have less than two months of inventory,” said Jason Mercer, TREB’s Senior Manager of
Market Analysis.
The average selling price for December 2013 sales was $520,398 – up by 8.9 per cent
compared to the average of $477,756 in December 2012.
The average selling price for 2013 as a whole was $523,036, which represented an increase
of 5.2 per cent compared to the calendar year 2012 average of $497,130.