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Story perspectives

Toronto Home Sales Plummet 19.3% Amid Economic Uncertainty

2/4/2026

26 4 Full Breakdown

Summary

Story summary

In January 2026, Toronto home sales fell 19.3% year over year.
The average selling price declined 6.5% to $973,289.
Active listings rose 8.1% to 17,975.
The Toronto Regional Real Estate Board (TRREB) reported a 13.3% decrease in new listings.
Economic uncertainty and affordability challenges are weighing on buyer confidence, even as some buyers explore a wider selection of homes.

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Story summary

In January 2026, Toronto home sales fell 19.3% year over year.
The average selling price declined 6.5% to $973,289.
Active listings rose 8.1% to 17,975.
The Toronto Regional Real Estate Board (TRREB) reported a 13.3% decrease in new listings.
Economic uncertainty and affordability challenges are weighing on buyer confidence, even as some buyers explore a wider selection of homes.