AUGUST 2026 URBANATION REPORT: DEMAND

What’s keeping GTA buyers on the sidelines?

August sales remained 27% below the 10-year average, with fewer new listings, economic uncertainty and higher fixed mortgage rates all contributing to a more cautious buyer mindset.

But demand isn’t moving uniformly. Condo sales below $500K rose 31% year-over-year, while Central Toronto continued to show relative strength — highlighting where affordability, location and buyer profile are making a difference.

For active buyers, ample inventory still provides room to be selective and negotiate.

Tap through for a closer look, and reach out to understand what buyer activity looks like in your market.




Sep 23, 2026