Duck Wright Real Estate

May Home Prices Across the 416

May's numbers show a market with more options and renewed momentum heading into the summer.

Detached led the way on sales (+8.9%), followed by condos (+4.2%) and semi-detached (+2.5%), broad-based confidence across segments. Townhomes were the outlier, with both sales and prices pulling back.

Prices are still adjusting year-over-year, most notably in detached (-6.5%) and condos (-5.0%) meaningful opportunity is still on the table. But the activity we're seeing suggests informed buyers are already stepping in ahead of a more competitive market.

Swipe through for the full breakdown.

Detached → $1,610,988 | Price ↓ 6.5% | Sales ↑ 8.9%
Semi-Detached → $1,293,268 | Price ↓ 0.6% | Sales ↑ 2.5%
Townhouses → $953,982 | Price ↓ 5.5% | Sales ↓ 17.5%
Condos → $673,841 | Price ↓ 5.0% | Sales ↑ 4.2%

Source: TRREB May 2026 Market Watch

Averages tell part of the story, the SOLD data tells the rest. Explore our interactive maps across the 416 to see list price vs. sold price, days on market, photos, and full MLS details by neighbourhood.

Curious how your neighbourhood or property type is performing? Drop a comment or send us a DM, we love diving into the data.

April Prices Across the 416

The Toronto market continued building momentum through April as we moved deeper into the spring market.

Sales activity picked up across most property types, led by condos (+14.4%), townhouses (+12.2%), and detached homes (+6.6%), signalling growing buyer confidence across multiple segments.

At the same time, prices remain softer year over year in several categories, particularly condos (-6.4%) and townhouses (-5.9%), continuing to create opportunities for informed buyers.

The increase in sales activity suggests that buyers are already stepping in to take advantage of softer pricing across several segments of the market.

Swipe through for the numbers.

Market averages tell part of the story, but the real insight happens at the neighbourhood level. If you want to understand what’s happening in your area or property segment, reach out. We’re always happy to break it down.

57 Humberside Ave · Just Sold

Not every great investment looks the part at first. The magic is in recognizing potential where others see problems, and having the vision, the skills, and the drive to close that gap. Real estate’s best kept secret? The properties that aren’t yet living up to what they could be.

That gap between what is and what could be, that’s where opportunity lives.

And the right buyer, the one who knows their way around a renovation and a floor plan, can turn that gap into something truly extraordinary.

Congratulations to our buyers! You’ve got this. ♥️

👉 Swipe to see what dreaming looks like with a little help from Ai.

January 2026 | Toronto (416) Market Snapshot
Here’s a look at how the Toronto market started the year. Across all major home types, sales activity slowed, while prices showed more resilience, especially in low-rise single family homes.

• Detached: 290 sales | Avg price $1,541,791
YoY: Sales ↓ 16.4% | Price ↓ 2.8%

• Semi-Detached: 96 sales | Avg price $1,146,188
YoY: Sales ↓ 25.0% | Price ↓ 0.9%

• Townhouses: 113 sales | Avg price $876,585
YoY: Sales ↓ 22.6% | Price ↓ 6.7%

• Condo Apartments: 568 sales | Avg price $631,932
YoY: Sales ↓ 23.6% | Price ↓ 8.6%

What this means:
The broader 416 tells one story, but real estate is hyper-local. What’s happening across the city may look very different from what’s happening on your street.

Curious how these trends translate to your neighbourhood or home type?
Send us a message, we’re always happy to break it down.

Falling in love with a house is easy, and staying married to it usually comes down to good forward planning. Never skip on the critical step of getting aligned on the (subtle) non-negotiables when it comes to buying a house.⁠
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It comes down to a lot more than price, parking and timing. Some common things that get overlooked when buyers fall in love with a house. ⁠
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Schools: we don’t even have kids yet, we will deal later⁠
The commute: it’s not that bad, we can manage⁠
Size: we don’t really need a 3rd bedroom⁠
Price: is not really what it is listed for. ⁠
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Sometimes we need to take the rose coloured glasses off for our buyers, and sometimes we need to put them on. This comes down to being crystal clear on our buyers goals; that includes lifestyle and budget. ⁠
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If you’re weighing options, this is one of the most important, and overlooked filters.⁠
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GIVEAWAY WEEK 3⁠
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Week 3 is here, and we’re celebrating the small businesses that give Toronto its heart and character.⁠
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This week’s prize:⁠
A $100 gift certificate to your favourite local shop.⁠

You choose the spot, your beloved bookshop, neighbourhood boutique, local maker, or independent café.⁠
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How to Enter:⁠
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1️⃣ Follow ⁠
2️⃣ Tag two friends who love supporting local⁠
3️⃣ Comment and tell us: What’s your favourite local shop and why?⁠
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Every small business is powered by neighbours like you, and this is our way of giving back to the city we love.⁠
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Contest closes Saturday, December 20th at 11:59 PM EST.⁠
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One entry per person. Full rules on our website.⁠
Not sponsored or endorsed by Instagram.⁠
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photo of on Queen Street⁠
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