Toronto Real Estate Market October 2026

Prices soften across most segments while one holds its ground. September data shows semi-detached the lone segment still gaining annually in Toronto.

10 min readBōde Marketing Team

What is happening in the Toronto market right now?

Toronto’s September 2026 data shows sales up 4% against the five year average while new listings held nearly flat at 3%, pushing inventory up 13% and months of supply up 9%. The benchmark price is $908,200, up 5.58% month over month and down 5.10% year over year. Semi-detached posts a positive annual gain at +2.22%. Detached and Condominiums are the exceptions, both negative on an annual basis.

1 Overall Market

Sales rise slightly while the benchmark price slips 5.10% year over year

September data shows demand strengthening while new supply keeps pace. New listings are 3% above the five-year September average, while sales are up 4%. Inventory has increased 13%, pushing months of supply up 9%.

The benchmark price is $908,200, up 5.58% month over month and down 5.10% year over year. Firmer sales activity has not yet reversed the overall price trend, though the rise in months of supply is a signal worth watching over the next several reporting cycles.

$908,200

Benchmark price

-5.10%

Year over year

+13%

Inventory change

+9%

Months of supply

Toronto new listings September 2026 Toronto sales September 2026 Toronto inventory September 2026 Toronto months of supply September 2026 Toronto prices September 2026

2 Detached

The weakest annual price trend in Toronto as the benchmark slips 7.30%

Detached is the segment giving back the most ground this cycle. New listings are 9% above the five-year September average, while sales are up 8%. Inventory has increased 24%, pushing months of supply up 16%.

The benchmark price is $1,417,600, up 2.44% month over month and down 7.30% year over year, the softest annual trend of any Toronto segment.

$1,417,600

Benchmark price

-7.30%

Year over year

+9%

New listings vs avg

+8%

Sales change

Toronto detached new listings September 2026 Toronto detached sales September 2026 Toronto detached inventory September 2026 Toronto detached months of supply September 2026 Toronto detached prices September 2026

3 Semi-detached

The only segment still gaining ground as annual prices rise 2.22%

Semi-detached is the one segment still finding its footing on price. New listings are 7% above the five-year September average, while sales are up 12%. Inventory has increased 15%, pushing months of supply up 3%.

The benchmark price is $1,111,200, up 8.76% month over month and up 2.22% year over year, the only segment still in positive territory annually.

$1,111,200

Benchmark price

+2.22%

Year over year

+7%

New listings vs avg

+12%

Sales change

Toronto semi-detached new listings September 2026 Toronto semi-detached sales September 2026 Toronto semi-detached inventory September 2026 Toronto semi-detached months of supply September 2026 Toronto semi-detached prices September 2026

4 Condominiums

Condominium prices slip 6.00% year over year as sales stay flat

Condominiums is tracking close to the rest of the Toronto market this cycle. New listings are 4% below the five-year September average, while sales are flat. Inventory has increased 6%, pushing months of supply up 6%.

The benchmark price is $543,800, down 1.75% month over month and down 6.00% year over year.

$543,800

Benchmark price

-6.00%

Year over year

-4%

New listings vs avg

0%

Sales change

Toronto condominiums new listings September 2026 Toronto condominiums sales September 2026 Toronto condominiums inventory September 2026 Toronto condominiums months of supply September 2026 Toronto condominiums prices September 2026

Recently Sold · Toronto

See What Sold Through Bōde in Toronto

This home closed through Bōde and shows how the platform supports real transactions across Ontario.

15 Huggins Drive, Taunton North, Whitby, ON L1P 0N4

Recently Sold Through Bōde

$1,490,000

15 Huggins Drive, Taunton North, Whitby, ON L1P 0N4

5 bed · 5.5 bath · 3,255 sqft

A recent Bode sale in Whitby's Taunton North community: a five-bedroom, five-and-a-half bath detached home that closed through the platform.

This listing's page has since come down (likely sold or delisted). Carried forward from September's data per Nik's direction and recast below as a recent Bode result rather than a live listing link.

Common Questions

Is Toronto currently a buyer's market or a seller's market?

Toronto is holding in balanced territory as of September 2026. Inventory is up 13% and months of supply is up 9%, while sales are up 4%. The overall benchmark price is still down 5.10% year over year, and Semi-detached holds positive annual gains, but Detached and Condominiums have turned negative, a signal the market is normalizing unevenly across segments.

What is the benchmark price in Toronto right now?

The overall benchmark price in Toronto is $908,200 as of September 2026, up 5.58% month over month and down 5.10% year over year. By segment: detached homes at $1,417,600; semi-detached homes at $1,111,200; condominiums at $543,800.

Which Toronto property type is under the most pressure right now?

Detached is the clear outlier, with sales up 8%, months of supply up 16%, and the benchmark price down 7.30% year over year, the only Toronto segment negative on an annual basis. Semi-detached is the strongest segment on price, up 2.22% year over year despite 12% growth in sales.

Why are detached prices falling while semi-detached prices are rising?

Detached sales are actually up 8% against the five year September average, but that demand has not been enough to absorb the available supply, while months of supply has climbed 16%. That imbalance is pulling the benchmark price down 7.30% year over year even with sales holding up. Semi-detached is seeing a tighter balance between supply and demand, letting its benchmark price stay up 2.22% year over year.

Is now a good time to sell in Toronto?

Semi-detached sellers are in the strongest position, with both price and sales momentum on their side. Detached sellers face the toughest conditions in Toronto right now, with the benchmark price down 7.30% on an annual basis. Pricing to today's comparables rather than last year's numbers matters most in that segment. Your free Bōde Homeowner Dashboard tracks your property's current value and local comparable activity so you can time the market with real data.

How much does it cost to sell a home with Bōde in Toronto?

Bode Canada is a flat-fee real estate brokerage. Listing your Toronto home costs $949 flat for full MLS exposure, or $4,950 payable only when the home sells, both well under a traditional 5% commission. The Homeowner Dashboard that tracks your home's value against these market numbers is free.

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