📍 Midtown Toronto Market Update

In May:

🏡 77 sales 📋 184 new listings ⏳ Average days on market: 20 📈 Average sale-to-list ratio: 96%

That's roughly 25% faster than the broader GTA market.

For sellers, properly priced homes are still attracting strong attention.

For buyers, desirable neighbourhoods like Forest Hill, Lawrence Park, Bedford Park, and Yonge & Lawrence remain highly competitive despite broader market uncertainty.

New listings fell 18.9% across the GTA in May while sales increased 6.3%. Is the market beginning to tighten?

The May 2026 GTA real estate numbers are in, and the story this month is clear: supply is falling while buyer activity is increasing.

In this month's market update, I break down the latest GTA housing statistics, including sales, new listings, active inventory, average prices, benchmark prices, and what these trends could mean for buyers and sellers heading into the summer market.

Key highlights from May 2026:

• GTA sales increased 6.3% year-over-year • New listings fell 18.9% year-over-year • Active listings declined 13.3% • Average selling prices remain below last year's levels but showed signs of stabilization month-over-month • Detached homes led all property types in sales growth • Condo prices remain under pressure, while buyer activity continues to improve

We also discuss what these trends mean for Toronto real estate, the broader GTA market, and where the market may be headed if supply continues to tighten.

If you're thinking about buying, selling, investing, or simply staying informed, this breakdown will help you understand what's happening beyond the headlines.

📍 Serving Toronto, Midtown Toronto, Forest Hill, Lawrence Park, Bedford Park, Yonge & Eglinton, Leaside and surrounding neighbourhoods.

00:00 – Why This Market Update Matters 00:56 – GTA Market Overview 02:25 – Toronto vs York Region vs Oakville 05:40 – Condo Market (Biggest Opportunity?) 06:53 – Interest Rates vs Prices 07:54 – The #1 Indicator to Watch (Sales-to-New-Listings) 09:43 – What This Means for Prices 10:42 – Key Takeaways

February 2026 real estate numbers are in and while the headlines say prices and sales are down…the real story is happening beneath the surface.

In this breakdown, I walk you through what's actually happening in the Toronto and GTA housing market, and why things may be shifting faster than most people realize.

We cover:

• GTA and Toronto market stats
• York Region and Oakville trends
• Condo market update (and where opportunity is)
• Interest rates vs home prices
• The sales-to-new-listings ratio (one of the most important indicators)

Right now, we're seeing:

• Falling inventory
• Buyers slowly returning
• Over 100,000 buyers still on the sidelines

And historically this setup tends to come right before prices stabilize and recover.

If you're thinking about buying, selling, or investing in 2026, this is a must-watch.

Need a strategy? Reach out anytime. Every situation is different, and the right plan matters more than ever in this market.

Like & Subscribe for monthly GTA market updates that actually break things down clearly.

Are newer condos really better, or just better marketed? In this episode, I break down the real differences between newer and older condo buildings so you can make a smarter buying, selling, or investing decision.

I walk you through what truly matters: size and layout, monthly fees, amenities, construction quality, reserve funds, special assessments, and long-term appreciation potential.

You'll learn:

• Why older condos often offer better value per square foot

• How "low fees" in newer buildings can change over time

• What to look for in reserve funds and financial statements

• The risks and rewards of both modern and 40+ year-old buildings

• Which type of condo fits your lifestyle and investment timeline

If you're deciding between lifestyle convenience and long-term fundamentals, this episode gives you the no-BS checklist you need to buy with confidence, not emotion.

Going on vacation soon? Don't let a simple mistake cancel your home insurance coverage. As a Toronto homeowner, there are three critical rules you need to follow while you are away. First, you must have someone check your home every 48 to 72 hours because many policies require this to maintain coverage. Second, you need to prevent frozen pipes by keeping the heat on or shutting off the water before you leave, as this is a common reason for denied claims. Finally, if you are away for 30 days or longer, you must notify your insurer immediately because extended vacancy rules can cancel your coverage if you don't get a permit. Follow these steps to enjoy your vacation without risking your home. #TorontoRealEstate #HomeInsuranceOntario #TorontoHomeowner #RealtorTips #VacantHomeInsurance

Is the Toronto housing market dropping? GTA sellers are currently facing a buyer's market where pricing correctly is everything. The average days on market (DOM) is rising (currently around 30 days), and every day your home sits on the market makes buyers think "there's something wrong". In a declining market like the GTA, you must avoid the mistake of pricing based on yesterday's comparable sales. Buyers chase value, not wishful thinking. If you list too high, you're outdated on day one, and you'll get punished with endless price cuts. Learn the Toronto real estate strategy to price slightly ahead of the trend (or slightly below where the market is heading). This is how you flip the script, drive traffic, and often net more than sellers who overprice. Remember, the first two weeks decide everything in Toronto. 🔑 Key Toronto Seller Tips: Why "Days on Market" is your enemy in the GTA. The secret to pricing ahead of the trend to win over cautious buyers. How to net more money even when prices are falling. The critical importance of the first two weeks of your Toronto listing.

Are Ontario's new Bill 60 reforms a game-changer for residential landlords? In this video, we dive into the proposed changes under Bill 60, which many believe will magically fix the Landlord Tenant Board (LTB). While Bill 60 aims to streamline some processes and create the appearance of easier residential landlording, the reality might be different. We compare the proposed Bill 60 process for residential non-payment enforcement with the existing Commercial Landlord model—where issues like non-payment can be resolved in days, not months. Here's the main argument: Commercial landlords can quickly change locks and resolve non-payment issues fast. Residential landlords remain stuck in procedural delays, appeals, bottlenecks, and administrative barriers at the LTB. Until Ontario aligns residential non-payment enforcement with the commercial model, these reforms are likely to be small improvements, but not transformative for investors. If you're investing in Ontario real estate, don't get distracted by the headlines—focus on the actual impact of these reforms on your operational efficiency. 🔔 Subscribe for more insights on real estate investing and landlord-tenant law in Ontario!

Think the new Bill 60 rules are already helping landlords with non-paying tenants? Think again. In this video, we clear up the confusion surrounding the passing of Bill 60 and what it actually means for the Landlord and Tenant Board (LTB) right now. Spoiler: Nothing has changed yet. We break down the legislative process: Step 1: Regulations. The detailed "fine print" that takes months (or years) to write. Step 2: Proclamations. The official government announcement that puts the law into force. Until these steps are complete—likely not until mid-to-late 2026—all current Residential Tenancies Act (RTA) rules apply. This includes the standard 14-day notice periods, LTB hearing timelines, and tenant compensation rules. Don't make a legal mistake based on a headline. Watch this to understand the real timeline for Ontario real estate investors. Subscribe for real estate updates that separate the facts from the hype. #Bill60 #OntarioRealEstate #LandlordTips #LTB #RealEstateInvesting #OntarioLandlords

Buying a home in the competitive Toronto market? Stop picking "7." In this video, I explain the golden rule of house hunting in the GTA: Rate every home 1 to 10, but you are never allowed to pick 7. Why? Because 7 is fake—it is essentially indecision and "I don't want to commit". In a fast-moving market like Toronto, indecision kills deals. A rating of 7 keeps you touring homes you don't actually love and wastes your time. The "No Sevens" Rule Explained: 1 to 6: It's a NO. 8, 9, or 10: It's a definite YES and goes on your shortlist. 7: The "Friend Zone" of real estate. Avoid it. Be decisive and clear so you can find the home that actually hits you. The moment you stop choosing 7, you will find the right Toronto home way faster. looking to buy or sell in Toronto or the GTA? Let's connect! #TorontoRealEstate #GTAHomes #HomeBuyingTips #TorontoRealtor #HouseHunting