Back to today’s briefing

Story perspectives

Toronto Real Estate Faces 17.7% Listing Drop Amid Market Uncertainty

3/7/2026

50 5 Full Breakdown

Summary

Story summary

New listings in Toronto are down 17.7% from last year, according to the Toronto Regional Real Estate Board (TRREB).
Sales have fallen 6.3% from last year.
Prices are declining, with an average selling price of $1,008,968, a 7.1% drop from February 2025.
Analysts attribute the listings decline to homeowners waiting for better market conditions.
The ongoing Middle East conflict may further affect buyer sentiment and mortgage rates.

1 of 1

Story summary

New listings in Toronto are down 17.7% from last year, according to the Toronto Regional Real Estate Board (TRREB).
Sales have fallen 6.3% from last year.
Prices are declining, with an average selling price of $1,008,968, a 7.1% drop from February 2025.
Analysts attribute the listings decline to homeowners waiting for better market conditions.
The ongoing Middle East conflict may further affect buyer sentiment and mortgage rates.