GTA Market Insights

What moved Toronto-area real estate this week, every number linked to its source.

Updated November 7, 2026

This week in charts

Week of Oct 31 – Nov 6, 2026

GTA prices · GTA (TRREB area)

GTA home prices are lower than a year ago, and fewer homes are changing hands

Average price change from a year ago, by home type, GTA, October 2026

Fixed rates · Canada

The bond yield behind 5-year fixed mortgages fell, even after a rate hike

5-year Government of Canada bond yield, daily

Prices are below last year's. TRREB's Jason Mercer says GTA buyers "continued to benefit from substantial negotiating power on price over the past year." Condo apartment prices fell the most (average down 5.8%), so negotiate from today's prices, not last year's.
If you have a pre-approval or rate hold, ask your lender whether its 5-year fixed rate has moved since the bond yield eased. Lenders reprice on their own timing, and one week is not a trend.

There is less competition from other listings: new listings are down 11.9% and active listings down 10.0% from a year ago. But sales are down 7.9% too, so price to today's benchmark, not to last year's sales next door.
Prices edged up from September on a seasonally adjusted basis. That's a small monthly lift, not a turnaround from the yearly decline.

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