Michael Duggal - Realtor

The Greater Toronto Area saw over 17,000 new listings enter the market in the past month, while the number of sales was under 6,000. The average price has slightly increased month over month for most property style, though values are down 7% year over year. Michael Duggal will share our updated market stats and share his insights.

Michael Duggal analyzes the April 2026 TRREB, and Ontario data and with a 7% year-over-year increase in sales and a rapidly tightening the Greater Toronto Area market. We also cover the landscape for agents and their clients at RE/MAX, Real Brokerage, and Save Max.

The Greater Toronto market is showing a distinct shift: the average price is $1,017,796 and home sales have risen 1.7% year over year. Even with that rise in demand, new listings have dropped 16.7% year-over-year, which has reduced the inventory available for buyers. The Bank of Canada is holding interest rates steady as they monitor how world events impact consumer confidence. The HST adjustment on new construction homes has significantly impacted the real etate market. Michael Duggal will share this market data long with a strategy on how you can capitalize on the current situation.

The average price in the Greater Toronto area is $1,017,796, while home sales have actually increased by 1.7% compared to last March. Despite this increase in demand, the number of new listings is down 16.7% year over year, causing the market to tighten. The Bank of Canada is currently holding interest rates steady as they monitor how geopolitical stability will impact consumer confidence. Michael Duggal will present information about the Greater Toronto Real Estate market and share how you can capitalize on the current situation.

The average price in the Greater Toronto area is $1,008,968, down 7.1% year over year. However, the number of new listings entered into the MLS system is down 17.7% year over year. The Bank of Canada recently announced that they are NOT changing their interest rate for now. Canada is monitoring the global situation and acting accordingly. Michael Duggal will present information about the Greater Toronto Real Estate market and share how you can capitalize on the current situation.

February 2026 showed continued weakness in the Greater Toronto Area housing market. There were 3,868 home sales, down 6.3% from February 2025, while new listings rose to 12,066, up 17.7% year over year.

The MLS® HPI benchmark price fell 7.9% to $1,008,968, and the average selling price came in at $1,084,896, down 1% compared to the same time last year.

Higher inventory and cautious buyers continue to shape the market. In this video, Toronto real estate agent Michael Duggal explains what these numbers mean for buyers, sellers, and the months ahead in the GTA housing market.

Toronto enters 2026 after another down year for real estate. GTA home sales fell 11% in 2025 while new listings rose over 10%, giving buyers more choice and more power to negotiate. Prices moved lower too, with the annual average price down nearly 5% year over year. Even December closed with fewer sales, more listings, and prices still under pressure.

Affordability improved as prices and mortgage rates eased, but buyers stayed cautious due to job and economic worries. In this video, I break down what these numbers really mean, where the market stands now, and what needs to happen next for sales to recover. If you’re buying or selling in 2026, this gives you the full picture before you make a move.

Toronto is heading into 2026 after one of the weakest years on record. TRREB annual sales ran roughly 30% below the 10-year average, where active listings increased over 20,000 at several points. Months of inventory hovered between 3.5 and 5 signaling a shift away from the extreme seller conditions of the past decade. Looking ahead to 2026 with lower interest rates and improved affordability, I'll share my predictions so you can be informed as a buyer or seller.

Toronto's Real Estate market shifted fast this holiday season. The number of sales has dropped although the number of active listings has significantly decreased meaning it's a more competetive landscape for buyers. Select areas are seeing bidding wars and homes sold quickly. I will share more about the current market conditions and educate you with your buying and selling needs.

Toronto's Real Estate market has faced a significant slowdown, specifically in late 2025 with sales falling 16% in November, and a double digit decrease in prices. With cautious buyers and a continued market correction, what will take place next in our Greater Toronto Area real estate market?