GTA & Your Neighbourhood: August 2026 Market Snapshot

The GTA market tightened up heading into the fall. Here's what buyers and sellers in our core areas should know this week:

Across the GTA: Average selling price came in at $1,003,956 in July, with sales down slightly (-0.9% year-over-year) but new listings down much more sharply (-17.8%). That gap matters — with fewer new listings coming to market, buyers may find less room to negotiate in the months ahead.

Markham: Average price of $1,208,416, up 6.3% year-over-year — one of the strongest price gains in the GTA. Homes are moving fast too, with a median of just 30 days on market, the 8th-fastest pace among 23 GTA municipalities.

Stouffville: A steadier story — average price of $1,055,947, up a modest 1.6% year-over-year, with homes selling in about 33 days at roughly 98% of asking price. A well-balanced market for both buyers and sellers.

Uxbridge: Average price of $1,034,078, up 9% year-over-year, with homes selling briskly — around 29 days on market and at 97% of list price.

Toronto (our Lawrence Park–to-the-lake / Bathurst–to–Victoria Park area): City-wide average sits at $996,032 (+0.7% year-over-year), though the median of $777,000 better reflects the mix of condos and houses on the market. Detached homes have held their value better than condos this year.

What this means: If you've been waiting for the "right" moment to list, tightening inventory across our farm area is working in sellers' favour right now. If you're buying, expect less negotiating room than earlier this year — reach out and let's talk strategy for your specific neighbourhood.

Have questions about what this means for your street? Contact the Powell & Gallop Team — we track these numbers block by block, not just city-wide.

Sources: TRREB Market Watch, July 2026 · Zolo Markham Trends · Zolo Stouffville Trends · Zolo Uxbridge Trends · Zolo Toronto Trends