Hello! Here are the February 2026 real estate market stats
Mississauga and GTA real estate market was slow in February 2026 in comparison to the same time a year ago.
Number of sales in February 2026 was 6.3%! lower than a year ago.
The average home price was lower by 7.1%!! comparing to February of 2025.
Sales were down in most categories except for detached houses and townhouses in 416 area.
The biggest decrease in sales (-13.1%!) was in semi-detached category in 905 area.
Please have a look below
Source: Market Watch, TRREB
The average house price was down by 7.1% comparing to February of last year, and in terms of dollars, it was $77,618 lower!!!.
The average house price, comparing to the previous month in terms of dollars went up by $35,679!!
Please have a look below.
Source: Market Watch, TRREB
Summary
- The GTA real estate market was slow in February 2026.
- The average house price was almost $78,000 lower in February 2026 than in February 2025, but also almost $36,000 higher comparing to the previous month of January 2026.
- On March 18'2026 the Bank of Canada held the overnight interest rate unchanged.
~ T h i s M o n t h ~
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Mississauga & GTA Real Estate Market Watch
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Current Interest Rates
GTA Realtors® Release February 2026 Stats
TORONTO, ONTARIO, March 5, 2026 – Greater Toronto Area (GTA) resale housing market conditions tightened in February 2026 compared to February 2025. While sales were down year-over-year, new listings declined by a greater annual rate. The dip in new listings is in line with recent polling results from Ipsos which show listing intentions are down for 2026.
“Many would-be homebuyers are waiting for selling prices to level off before moving into the market. If new listings continue to trend lower through the spring, competition between homebuyers will increase, supporting home prices and a recovery in sales,” said TRREB President Daniel Steinfeld.
“There is substantial pent-up demand in the GTA ownership market, with more than 100,000 buyers holding off on making a home purchase. Buyers are waiting for selling prices to level off and for positive news on the trade front. Once we see both, there could be substantial momentum driving home sales in the second half of this year and into 2027,” said TRREB Chief Information Officer Jason Mercer.
GTA REALTORS® reported 3,868 home sales through TRREB’s MLS® System in February 2026 – down by 6.3 per cent compared to February 2025. New listings entered into the MLS® System amounted to 10,705 – down by 17.7 per cent year-over-year.
On a seasonally adjusted basis, February home sales and new listings were down month-over-month compared to January 2026. New listings were down by a greater monthly rate than sales. The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by 7.9 per cent year-over-year in February 2026. The average selling price, at $1,008,968, was down by 7.1 per cent compared to February 2025.
On a month-over-month seasonally adjusted basis both the MLS® HPI Composite and the average selling price were down compared to January 2026 figures.
“The long-term sustainability of the GTA housing market depends upon the industry’s ability to bridge the gap between condominium apartments and traditional single-family homes. TRREB, with its partners in the Housing Advancement Coalition, is urging the Federal and Provincial Governments to take immediate targeted action to pave the way for increased ‘missing middle’ home construction,” said TRREB Chief Executive Officer John DiMichele.
Source: Market Watch, TRREB
Mississauga & GTA Home Sales
February 2025 - February 2026 Comparison
Average house price was down by $77,618, number of sales was down by 259 units, time to sell a house was 12 days longer.
Mississauga & GTA Home Sales
January 2026 - February 2026 Comparison
Average house price was higher by $35,679, number of house sales was higher by 786 units, time to sell was 13 days longer.
Current Interest Rates
Rates quoted by Invis Canada are subject to change up↑ or down↓ without notice.
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Quote of the Month The true meaning of life is to plant trees, under whose shade you do not expect to sit. ~ Nelson Henderson ~ |
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.