Yovan Gabric | REALTOR®News hub
Real figures from the boards and the news that moves them, sorted by what you are trying to do. Updated weekly, with a plain note on what each item means for a buyer or seller.
This week · 2026-10-08
September was quiet across the GTA: fewer buyers, fewer sellers, and prices still sliding. The gap between the two is why selection is thin even though prices are softer. A Bank of Canada decision on 28 October could change the rate picture again.
TRREB Market Watch, September 2026, released 6 October 2026. Compared with September 2025.
The finding
Oakville has 4.9 months of inventory, against 3.6 in Burlington and 3.8 in Milton, and homes sold at 96% of list price. The same GTA headline hides very different leverage from one town to the next. In Oakville, buyers can negotiate; in Burlington, the numbers favour sellers more.
Oakville & Halton · September 2026
The GTA headline hides large differences between towns. Months of inventory is the quickest read on who has leverage.
| September 2026 | Sales | Avg. price | Median | Active | Mos. inv. | SP/LP | Days |
|---|---|---|---|---|---|---|---|
| Oakville | 162 | $1,365,169 | $1,211,500 | 1,073 | 4.9 | 96% | 32 |
| Burlington | 177 | $1,033,458 | $880,000 | 761 | 3.6 | 97% | 34 |
| Milton | 118 | $1,018,973 | $917,500 | 522 | 3.8 | 96% | 35 |
| Halton Hills | 45 | $1,054,940 | $889,000 | 269 | 4.1 | 95% | 27 |
| Halton Region | 502 | $1,139,025 | $982,500 | 2,625 | 4.2 | 96% | 33 |
TRREB Market Watch, September 2026. SP/LP is average sale price to list price; Days is average days on market. Averages cover all home types and are not a valuation of any property. Full monthly report by home type →
Browse by what you’re doing
Each stream has its own news list and the tools that go with it.
Picked for this week’s brief
TRREB Market Watch, September 2026
There were 5,040 sales across the GTA, down 9.0% from a year earlier. New listings fell faster, by 14.4% to 16,500. The average price was $1,006,409 (−5.1%) and the HPI Composite benchmark was down 4.7%. Townhouse sales fell furthest (−12.8%), then detached (−8.7%).
What it means: Listings are shrinking faster than sales. That cushions prices, but it also means fewer good homes to choose from.
TRREB Market Watch, September 2026
Oakville sold 162 homes at an average of $1,365,169 (median $1,211,500), selling at 96% of list price in 32 days on average. With 1,073 active listings, that is 4.9 months of inventory, the loosest of the four Halton municipalities (Burlington 3.6, Milton 3.8, Halton Hills 4.1).
What it means: Oakville buyers have more room to negotiate than buyers in Burlington or Milton, where the same month looks tighter.
Urbanation Q2 2026, as reported by CP24
New condo apartment sales rose about 52% year over year to 702 units, still roughly 86% below the 10-year Q2 average. The gain came from completed buildings (535 units, helped by bulk purchases and HST relief). Pre-construction sales fell about 80% to 50, and no new projects launched for a second quarter.
What it means: The activity is in completed inventory. That is where builder incentives and flexibility tend to show up.
Urbanation’s Q3 report is expected in late October; check it before relying on these figures.
Urbanation Q2 2026, as reported by MPA
Urbanation notes that the proposed HST relief requires construction to start before 31 March 2027 and be substantially complete by 31 December 2029. A project that starts late may not qualify.
What it means: Ask the builder, in writing, when construction starts and whether your unit is expected to qualify. Confirm with your lawyer.
Eligibility rules can change. Confirm current rules with the CRA or your lawyer.
Apartmentbuildings.com (citing the Toronto Star)
Reporting in May said GTA power of sale listings hit a two-year high in April, tied to softer prices, a slow spring market and homeowners who owe more than their homes are worth.
What it means: More lender-led sales means more choice, and more homes where condition is unknown.
Secondhand citation. We found no current authoritative monthly count; treat the trend as directional.
Bank of Canada schedule
The policy rate has been held at 2.25% since December 2025. The next decision is 28 October, and it comes with updated forecasts.
What it means: If you are on a variable rate or renewing soon, get a rate quote and a rate hold before the announcement.
Date and outcome unconfirmed until announced. A future date, not a news event yet.
Royal LePage Blog (Michelle McNally)
Autumn can be a good time to sell: buyers who missed the spring market are still looking, so presentation still matters.
What it means: With fewer listings, a well-presented home stands out.
Latest
Les Affaires (Lefebvre) · reported in CREA “Read All About It”, 8 Oct 2026
The U.S. Federal Reserve raised its target range on 16 September, to 3.75–4.00%, its first hike since August 2023, citing inflation from high energy prices. The column asks whether Canada could follow.
Opinion column. CIBC economists argue the Canadian case for a hike is weaker than the U.S. one.
National Post · reported in CREA “Read All About It”, 8 Oct 2026
The federal ban on foreign homebuyers is scheduled to expire at the end of 2026, and the government is reported to be considering what comes next.
Canadian Mortgage Professional · reported in CREA “Read All About It”, 8 Oct 2026
Bidding activity ticked up in the GTA, but not enough to shift the balance back toward sellers.
Better Dwelling · reported in CREA “Read All About It”, 8 Oct 2026
A Better Dwelling analysis reports Toronto prices at a six-year low, 28% below their peak.
Different data sets measure “peak” differently; check which benchmark is used before comparing.
Toronto Star · reported in CREA “Read All About It”, 8 Oct 2026
The city published standard designs for fourplexes and sixplexes, part of the push for “missing middle” housing.
Toronto Star · reported in CREA “Read All About It”, 8 Oct 2026
Borrowers who chose shorter 3-year terms are facing renewals sooner than they planned, in a rate environment that has not moved in their favour.
What it means: If your term ends in the next 12 months, ask your lender for a renewal quote and compare it with a broker’s.
CBC Toronto · reported in CREA “Read All About It”, 8 Oct 2026
CBC reports rising rent arrears as housing costs outpace incomes, a point worth watching for anyone who owns or is considering a rental property.
Financial Post · reported in CREA “Read All About It”, 8 Oct 2026
Financial Post reports that expectations of a fall recovery faded as September sales declined.
Better Dwelling · reported in CREA “Read All About It”, 8 Oct 2026
Interprovincial migration continues to favour Alberta and British Columbia over Ontario.
CTV News (citing RBC Economics) · reported in CREA “Read All About It”, 8 Oct 2026
An RBC Economics report says conditions now differ widely across Canada’s big markets, with trade tensions re-escalating last month. Greater Montréal is reported to be shifting toward buyers.
Royal LePage Blog (1-800-GOT-JUNK?)
Renting storage while preparing to sell adds cost; the article questions whether it is the right fix compared with decluttering.
TRREB Market Watch, September 2026
There were 5,040 sales across the GTA, down 9.0% from a year earlier. New listings fell faster, by 14.4% to 16,500. The average price was $1,006,409 (−5.1%) and the HPI Composite benchmark was down 4.7%. Townhouse sales fell furthest (−12.8%), then detached (−8.7%).
What it means: Listings are shrinking faster than sales. That cushions prices, but it also means fewer good homes to choose from.
TRREB Market Watch, September 2026
Oakville sold 162 homes at an average of $1,365,169 (median $1,211,500), selling at 96% of list price in 32 days on average. With 1,073 active listings, that is 4.9 months of inventory, the loosest of the four Halton municipalities (Burlington 3.6, Milton 3.8, Halton Hills 4.1).
What it means: Oakville buyers have more room to negotiate than buyers in Burlington or Milton, where the same month looks tighter.
TorontoToday
Local coverage of the TRREB release, framing the drop as economic uncertainty keeping both buyers and sellers on the sidelines.
The Halton & West GTA Brief
The numbers above, one finding the headlines skip, and what to do about it. Short, no daily listing blasts. Unsubscribe in one click.
How this page is written: Headlines and sources are credited and linked; summaries are independently written and do not reproduce the original articles. Items marked as reported in CREA’s “Read All About It” roundup were seen as headlines only and are not linked. Market figures come from TRREB, Urbanation, BILD and CREA as labelled. Photos are illustrative stock images and do not show the properties or events described. Confirm anything you plan to rely on at the source.
Market statistics describe past transactions and are not a prediction. Nothing here is financial, mortgage, tax or legal advice. Pre-construction pricing and terms are set by builders and must be confirmed in the agreement of purchase and sale. Not intended to solicit buyers or sellers currently under contract with another brokerage. Yovan Gabric, REALTOR®, Royal LePage Pinnacle, Brokerage, independently owned and operated. MLS®, REALTOR®, and associated logos are trademarks of The Canadian Real Estate Association. E. & O.E.
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