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February 2026 Real Estate Market Update – W10 (Clairville, Humberwood, Smithfield, Thistletown, Rexdale-Kipling, West Humber & The Elms)

The February 2026 housing market in Toronto’s W10 communities showed a shift in activity compared to the same time last year. Total home sales declined from 33 sales in February 2025 to 21 sales in February 2026, representing a 36.4% decrease in transactions. New listings also fell, dropping from 78 to 60, a 23.1% decrease, indicating fewer homes coming to market.

Despite the drop in sales activity, average home prices increased by 9.66%, rising from $711,312 in February 2025 to $780,020 in February 2026. This suggests that while buyers may be more selective, property values in the W10 area remain resilient.

Detached homes accounted for the majority of sales with 15 transactions and an average price of $860,162, while condo apartments averaged $448,333 and condo townhomes averaged $629,000. The average number of days on market remained relatively stable, moving from 35 days in 2025 to 34.3 days in February 2026.

Overall, the February numbers indicate a market with lower inventory and fewer sales, but continued strength in pricing, particularly for detached homes in the W10 area.

Maureen Reed – Right at Home Realty
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February 2026 saw continued momentum in the Toronto W9 real estate market

which includes Martin Grove Gardens, Willowridge, Richview Park, Kingsview Village, Richmond Gardens, The Westway, Royal York Gardens, and Humber Heights–Westmount. Sales increased to 23 homes, up from 18 in February 2025, while the average sale price climbed 18.7% to $1,004,240. Inventory also rose slightly with 46 new listings, compared to 43 last year, providing buyers with a few more options. Homes sold significantly faster as well, with average days on market dropping from 44 to 31, indicating strong buyer demand. Detached homes led the market with 12 sales and an average price of $1,372,793, while condo apartments remained the most affordable option at an average of $485,375. Overall, the W9 housing market continues to show price growth and steady activity heading into the spring season.

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February 2026 Real Estate Market Update – Central Etobicoke (W8)

The February 2026 housing market in Central Etobicoke neighbourhoods including Centennial Park, Markland Wood, Eringate, Eatonville, Islington City Centre, Princess-Rosethorn, Edenbridge-Humber Valley, Lambton Mills, and The Kingsway remained relatively steady year-over-year. Sales edged up slightly to 71 transactions, a 1.43% increase compared to February 2025. The average sale price was $1,130,266, representing a modest 1.33% decrease from last year.

Inventory tightened with 211 new listings, down 11.7% year-over-year, while days on market increased to 38 days, suggesting buyers are taking slightly more time to make decisions. Detached homes continued to command the highest values with an average price of $2,299,500, while condo apartments remained the most active segment with 42 sales at an average price of $567,819.

Overall, the February numbers show a balanced market with stable pricing and steady buyer activity across Central Etobicoke communities.

Maureen Reed | Etobicoke Real Estate

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February 2026 Real Estate Market Update – Sunnylea, Stonegate-Queensway, The Queensway & Humber Bay (W7)

The February 2026 housing market in Sunnylea, Stonegate-Queensway, The Queensway and Humber Bay (W7) showed shifting conditions compared to February 2025. Total sales increased slightly from 14 to 16 transactions, representing a 14.3% increase in activity. However, the average sale price declined to $1,087,134, down 35% year-over-year from $1,671,857.

Inventory tightened considerably, with new listings dropping 38.6% from 44 listings in February 2025 to 27 in February 2026. At the same time, homes took longer to sell, with average days on market rising from 14 to 35 days, an increase of 150%, suggesting buyers are taking more time to make decisions.

Detached homes dominated the market with 10 sales and an average price of $1,286,615, while condo apartments recorded 4 sales averaging $729,500. Limited inventory across several property types continues to shape market dynamics in these highly desirable South Etobicoke neighbourhoods.

For buyers and sellers looking to understand the latest real estate trends in Sunnylea, Stonegate-Queensway, The Queensway and Humber Bay, working with a knowledgeable local Realtor can help navigate these changing market conditions.

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February 2026 Real Estate Market Update – South Etobicoke (W6)

The February 2026 real estate market in South Etobicoke — including Alderwood, Humber Bay, Long Branch, Mimico, and New Toronto — showed strong sales activity compared to last year.

Total home sales increased 45.3%, rising from 53 sales in February 2025 to 77 in February 2026. Despite the increase in demand, the average home price remained stable, moving slightly from $914,489 to $915,309, a modest 0.09% increase year-over-year.

New listings declined 13.8%, dropping from 188 to 162 properties, which indicates tightening inventory. At the same time, average days on market increased to 43 days, up from 34 days last year, reflecting a market where buyers are taking a little more time to make decisions.

In February 2026, condo apartments led sales activity with 28 transactions at an average price of $661,911, followed by detached homes with 12 sales averaging $1,358,917. Condo townhomes averaged $776,475, while freehold townhomes averaged $1,141,500.

Overall, the South Etobicoke housing market continues to show strong demand and price stability, making it an important time for both buyers and sellers to stay informed about local trends.

For more information about the Etobicoke real estate market, contact local Realtor Maureen Reed.

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Uptick in GTA Home Sales Expected in Second Half of Year

March 2026

Greater Toronto Area (GTA) resale housing market conditions tightened in February 2026 compared to February 2025. While sales were down year-over-year, new listings declined by a greater annual rate. The dip in new listings is in line with recent polling results from Ipsos which show listing intentions are down for 2026.

“Many would-be homebuyers are waiting for selling prices to level off before moving into the market. If new listings continue to trend lower through the spring, competition between homebuyers will increase, supporting home prices and a recovery in sales,” said TRREB President Daniel Steinfeld.

“There is substantial pent-up demand in the GTA ownership market, with more than 100,000 buyers holding off on making a home purchase. Buyers are waiting for selling prices to level off and for positive news on the trade front. Once we see both, there could be substantial momentum driving home sales in the second half of this year and into 2027,” said TRREB Chief Information Officer Jason Mercer.

GTA REALTORS® reported 3,868 home sales through TRREB’s MLS® System in February 2026 – down by 6.3 per cent compared to February 2025. New listings entered into the MLS® System amounted to 10,705 – down by 17.7 per cent year-over-year.

On a seasonally adjusted basis, February home sales and new listings were down month-over-month compared to January 2026. New listings were down by a greater monthly rate than sales.

The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by 7.9 per cent year-over-year in February 2026. The average selling price, at $1,008,968, was down by 7.1 per cent compared to February 2025.

On a month-over-month seasonally adjusted basis both the MLS® HPI Composite and the average selling price were down compared to January 2026 figures.

“The long-term sustainability of the GTA housing market depends upon the industry’s ability to bridge the gap between condominium apartments and traditional single-family homes. TRREB, with its partners in the Housing Advancement Coalition, is urging the Federal and Provincial Governments to take immediate targeted action to pave the way for increased ‘missing middle’ home construction,” said TRREB Chief Executive Officer John DiMichele.

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January 2026 Real Estate Market Update – Etobicoke North (W10)

The January 2026 real estate market in Etobicoke North (W10) — including Clairville, Humberwood, Smithfield, Thistletown, Rexdale–Kipling, West Humber and The Elms — showed notable changes compared to January 2025.

Here’s what the numbers reveal for buyers and sellers.

📊 Sales Activity

  • January 2025 Sales: 26

  • January 2026 Sales: 20

  • Decrease: 30%

Sales activity slowed year-over-year, reflecting a more cautious market start in W10.

💰 Average Home Prices

  • January 2025 Average Price: $760,808

  • January 2026 Average Price: $766,550

  • Increase: 0.76%

Prices remained very stable, with only a slight year-over-year increase. This suggests steady demand despite fewer overall transactions.

🏡 New Listings

  • January 2025 New Listings: 81

  • January 2026 New Listings: 70

  • Decrease: 13.6%

Fewer homes came to market compared to last year, which may help support pricing in the months ahead.

⏳ Days on Market

  • January 2025: 30 days

  • January 2026: 44 days

  • Increase: 46.7%

Homes are taking significantly longer to sell compared to last year. Proper pricing and strong marketing are especially important in this segment.

Sales & Average Price by Home Type – January 2026

Detached Homes

  • 12 Sales

  • Average Price: $932,167

Detached homes led the market in both sales and pricing, offering strong value compared to other Etobicoke districts.

Semi-Detached Homes

  • 2 Sales

  • Average Price: $775,000

Condo Apartments

  • 6 Sales

  • Average Price: $432,500

Condo apartments continue to provide one of the most affordable entry points into the Toronto market.

No condo townhomes or freehold townhomes were recorded during this period.

What This Means for W10 Buyers & Sellers

For Sellers:
With longer days on market, competitive pricing from the start is critical. Presentation and exposure matter more in a slower market.

For Buyers:
Stable pricing combined with increased days on market may present negotiation opportunities — particularly in detached homes.

Etobicoke North (W10) remains attractive for buyers looking for larger properties, access to highways 401/427/409, and strong value compared to central Toronto.

Maureen Reed
Sales Representative
Right at Home Realty
Direct: 416-895-4883

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January 2026 Real Estate Market Update – Etobicoke West (W9)

The January 2026 real estate market in Etobicoke West (W9) — including Martin Grove Gardens, Willowridge, Richview Park, Kingsview Village, Richmond Gardens, The Westway, Royal York Gardens, and Humber Heights–Westmount — showed a shift in activity compared to January 2025.

Here’s what buyers and sellers should know.

📊 Sales Activity Slowed

  • January 2025 Sales: 23

  • January 2026 Sales: 17

  • Decrease: 26.1%

Sales volume declined year-over-year, reflecting a slower start to 2026 in this pocket of Etobicoke.

💰 Average Prices Adjusted Slightly

  • January 2025 Average Price: $1,025,602

  • January 2026 Average Price: $987,523

  • Decrease: 3.72%

Average prices softened modestly. This suggests a more balanced market, particularly in the detached home segment which dominates this area.

🏡 New Listings Increased

  • January 2025 New Listings: 41

  • January 2026 New Listings: 43

  • Increase: 4.88%

Inventory edged up slightly, giving buyers a few more options compared to last year.

⏳ Days on Market

  • January 2025: 42 days

  • January 2026: 47 days

  • Increase: 11.9%

Homes are taking longer to sell, reinforcing the importance of strategic pricing and strong marketing.

Sales & Average Price by Home Type – January 2026

Detached Homes

  • 10 Sales

  • Average Price: $1,263,189

Detached homes remain the backbone of the W9 market, particularly in Richmond Gardens and Humber Heights.

Condo Apartments

  • 6 Sales

  • Average Price: $523,668

Condo apartments continue to offer more affordable entry points into this west Etobicoke community.

Condo Townhomes

  • 1 Sale

  • Average Price: $718,000

No semi-detached or freehold townhome sales were recorded during the month.

What This Means for W9 Buyers & Sellers

For Sellers:
With fewer sales and longer days on market, pricing accurately from the start is critical. Overpricing may result in extended market time.

For Buyers:
Increased inventory and slightly softened pricing may create opportunities for negotiation, particularly in detached properties.

Etobicoke West (W9) remains attractive for buyers seeking larger lots, family-friendly neighbourhoods, and strong community amenities.

Maureen Reed
Sales Representative
Right at Home Realty
Direct: 416-895-4883

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January 2026 Real Estate Market Update – Etobicoke West (W8)

The January 2026 real estate market in Etobicoke West (W8) — including Centennial Park, Markland Wood, Eringate, Eatonville, Islington City Centre, Etobicoke City Centre, West Deane Park, Princess Rosethorn, Edenbridge-Humber Valley, Lambton Mills, and The Kingsway — showed notable shifts compared to January 2025.

Here’s what buyers and sellers need to know.

📊 Sales Activity Slowed Year-Over-Year

  • January 2025 Sales: 74

  • January 2026 Sales: 50

  • Decrease: 32.4%

Sales volume was down year-over-year, indicating a more cautious start to 2026. This reduction in activity may reflect buyer hesitation, affordability pressures, or changing mortgage conditions.

💰 Average Prices Increased

  • January 2025 Average Price: $956,750

  • January 2026 Average Price: $1,075,470

  • Increase: 12.41%

Despite fewer sales, average prices rose significantly. This suggests strong demand for quality homes, particularly in higher-end segments of the market.

🏡 New Listings Down

  • January 2025 New Listings: 241

  • January 2026 New Listings: 204

  • Decrease: 15.35%

Inventory tightened compared to last year, which can help support pricing, especially in desirable neighbourhoods like The Kingsway, Edenbridge-Humber Valley, and Princess Rosethorn.

⏳ Days on Market Increased

  • January 2025: 38 days

  • January 2026: 48 days

  • Increase: 26.32%

Homes are taking longer to sell compared to last year. This suggests buyers are being more selective and strategic in their decision-making.

Sales & Average Price by Home Type – January 2026

Detached Homes

  • 18 Sales

  • Average Price: $1,910,889

Detached homes remain the strongest price category, especially in premium pockets like The Kingsway and Edenbridge.

Semi-Detached Homes

  • 2 Sales

  • Average Price: $1,109,500

Limited inventory contributed to higher pricing in this segment.

Condo Apartments

  • 26 Sales

  • Average Price: $539,712

Condo apartments represented the highest number of transactions, offering more affordable entry points into the Etobicoke market.

Condo Townhomes

  • 3 Sales

  • Average Price: $650,000

Freehold Townhomes

  • 1 Sale

  • Average Price: $1,176,000

What This Means for Buyers and Sellers in Etobicoke

For Sellers:
Pricing strategy is critical. While average prices are up, homes are taking longer to sell. Proper staging, professional marketing, and strong negotiation matter more than ever.

For Buyers:
With fewer competing buyers and longer days on market, there may be opportunities to negotiate — particularly in condo and townhome segments.

If you’re considering buying or selling in Etobicoke West (W8) or surrounding neighbourhoods, understanding hyper-local trends makes all the difference.

Maureen Reed
Sales Representative
Direct: 416-895-4883
Right at Home Realty


Sug

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January 2026 showed notable strength in the W7 market, which includes Sunnylea, Stonegate–Queensway, The Queensway, and Humber Bay.

Sales activity increased to 13 transactions, up from 10 in January 2025 — a 30% rise year over year. Home values also climbed significantly, with the average sale price reaching $1,361,000, representing a 36.64% increase. Meanwhile, new listings declined modestly to 31 properties compared to 35 last January (–11.43%), suggesting slightly tighter supply. Properties sold more quickly, as average days on market dropped sharply from 44 to 22 (–50%). By home type, detached homes dominated the market with 9 sales at an average price of $1,661,944. Condo apartments recorded 3 sales averaging $510,166, while freehold townhomes saw 1 sale at $1,250,000. Overall, the data points to a faster-paced, higher-priced market with improving demand and reduced inventory pressure.

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A Look ahead at GTA HOUSING, Infrastructure & Sustainability

Provided by the Toronto Regional Real Estate Board

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A Look Ahead: Real Estate Moving Forward

With the real estate market constantly fluctuating, it's hard to predict what the future holds. But by taking a look at some of the major trends in today’s real estate market, we can make an educated guess as to what real estate will look like moving forward. Here’s a quick overview of what you can expect in the coming years.

Climate Change
One of the biggest factors that will shape the future of real estate is climate change. Sea levels are rising, wildfires are becoming more frequent and more destructive, and extreme weather events are becoming increasingly common. These changes will have a direct impact on where people want to live (or don't want to live) and how much they're willing to pay for property in those areas. In addition, buyers may start demanding that homes be built or upgraded with features such as solar panels and wind turbines that allow them to generate their own power and conserve energy.

Demographics
Another factor that will shape the future of real estate is demographics. As baby boomers continue to retire, many will be looking to downsize from their larger family homes into smaller properties that require less upkeep and maintenance. At the same time, millennials are starting families of their own and will likely be looking for larger homes with amenities such as open floor plans and modern appliances. This shift in demand could lead to an increase in new construction projects designed specifically for these two different age groups.

Technology
Finally, technology is playing a role in shaping how people buy and sell real estate —and it's only going to become more important in the future. Buyers are using apps like Zillow and Redfin to search for properties and compare prices without ever having to visit a physical office or talk directly with an agent; sellers can list their properties online without paying any commission fees; drone photography is becoming increasingly popular for giving potential buyers a better view of properties from afar; virtual reality tours are allowing buyers to virtually walk through homes before ever setting foot inside them; automated home systems allow homeowners greater control over their environment than ever before; etc., etc.. Technology has quickly become intertwined with every step of buying or selling real estate—and this trend is only going to continue as technology advances even further over the next few years.

Conclusion:
The future looks bright for those involved in the world of real estate! From climate change impacting where people want (or don't want) to live, demographics changing what types of properties people want (or need), and technology making things easier than ever before, there's no telling how much things could change in the future - but one thing's for sure: it'll be interesting! So keep your eyes peeled over the next few years as we move towards an exciting new era in real estate!

TRREB Releases Q4 2022 Rental Market Statistics

 TORONTO, ONTARIO, January 31, 2023 - Average condominium apartment rents continued to increase by double-digit annual rates in the fourth quarter of 2022. However, while market conditions remained tight enough to support very strong rent growth, there was more balance in the rental marketplace compared to the same period a year earlier in 2021.

The number of condominium apartment rental transactions reported through the Toronto Regional Real Estate Board9s (TRREB) MLS® System was down on a year-over-year basis by 19.9 per cent in the fourth quarter of 2022. The number of rental listings was also down over the same period, but by a lesser annual rate of 11.8 per cent. The fact that the number of units leased was down by more than the number of units listed suggests that would-be renters benefitted from more choice compared to a year ago. 

"Strong population growth based on record immigration and robust job creation across a diversity of economic sectors drove rental demand in 2022.  In addition, aggressive interest rate hikes by the Bank of Canada impacted affordability for many households, prompting a shift from homeownership to rental. All of these factors will continue to support strong rental demand in 2023,"  said TRREB President Paul Baron. 

The average rent for a one-bedroom condominium apartment increased by 19 per cent to $2,503 in the forth quarter of 2022.  Over the same period, the average two-bedroom rent increased by 14.1 per cent to $3,178.

"Tight rental market conditions and strong rent increased will be the norm more often than not for the foreseeable future.  On one hand, we will continue to experience strong rental demand in the GTA based on solid fundamentals. On the other hand, the persistent supply shortage will continue to result in strong competition between would-be renters, exerting upward pressure on rents.  The solution is no secret: we need to see new policies pointed on more supply to translate into shovels in the ground for many years to come," said TRREB Chief Market Analyst Jason Mercer.











GTA REAL ESTATE MARKET STARTS THE NEW YEAR THE SAME AS IT ENDED LAST YEAR TORONTO, ONTARIO, FEBRUARY 3, 2023 

As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected. The number of January sales and the overall average selling price were similar to December 2022. On a year-over-year basis, both sales and prices were down markedly, continuing to highlight the impact of higher borrowing costs on affordability over the last year. “Home sales and selling prices appear to have found some support in recent months. This coupled with the Bank of Canada announcement that interest rate hikes are likely on hold for the foreseeable future will prompt some buyers to move off the sidelines in the coming months. Record population growth and tight labour market conditions will continue to support housing demand moving forward,” said Toronto Regional Real Estate Board (TRREB) President Paul Baron. GTA REALTORS® reported 3,100 sales through TRREB’s MLS® System in January 2023 – in line with the December 2022 result of 3,110, but down 44.6 per cent from January 2022. The average selling price for January 2023 at $1,038,668 was slightly lower than the December 2022 result and down by 16.4 per cent compared to the January 2022 average price reported before the onset of Bank of Canada interest rate hikes. The MLS® Home Price Index (HPI) Composite Benchmark was in line with the December result, but down by 14.2 per cent compared to January 2022. “Home prices declined over the past year as homebuyers sought to mitigate the impact of substantially higher borrowing costs. While short-term borrowing costs increased again in January, negotiated medium-term mortgage rates, like the five-year fixed rate, have actually started to trend lower compared to the end of last year. The expectation is that this trend will continue, further helping with affordability as we move through 2023,” said TRREB Chief Market Analyst Jason Mercer. “All three levels of government have announced policies to enhance housing affordability over the long term, including many initiatives focussed on increasing housing supply in the ownership and rental markets. Most recently, we were encouraged to see Toronto City Council support the Mayor’s 2023 Housing Action Plan as part of the City’s overall $2 billion commitment to housing initiatives,” said TRREB CEO John DiMichele. TRREB will release its annual Market Outlook and Year in Review report on Friday, February 10, 2023.

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This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.