INFOGRAPHICS: May 2026 TRREB Toronto Market Reports

GTA REALTORS Release May Stats

The Greater Toronto Area (GTA) resale housing market tightened in May 2026 compared to last year. Sales increased year-over-year, whereas new listings declined over the same period. As standing inventory has been absorbed, competition between buyers has likely increased in some neighbourhoods.

This should see the price trend flatten and ultimately trend upwards in the months ahead. “Spring sales have been stronger than last year, reflecting improved affordability stemming from lower selling prices and borrowing costs. Sales are forecast to improve further as we move through the second half of this year. Recovery would be further bolstered by positive news on the trade front along with an easing of geopolitical tensions and related
uncertainty,” said TRREB President Daniel Steinfeld.

“Inventory levels trended lower over the past year, but buyers continued to have substantial negotiating power through the spring, helping with affordability. Looking ahead, if sales strengthen further relative to listings, selling prices will level off and even start to grow as we move into 2027,” said TRREB Chief Information Officer Jason Mercer.

Read the full report on TRREB website!

The following data is a comparison between May 2025 and May 2026 numbers, and is current as of June of 2026. For last month’s numbers, check out our previous infographic!

Or follow this link for all our TREB / TRREB Infographics!

Download Printable Version – May 2026 TRREB, Toronto Market Report

Last Updated on June 9, 2026 by myRealPage