Market data · October 8, 2026

Toronto home prices fall to a six-year low, 28% below peak

A Better Dwelling analysis reports Toronto prices at a six-year low, 28% below their peak.

Aerial view of Oakville’s harbour, downtown and the Lake Ontario shoreline

Photo: Canmenwalker, CC BY 4.0, via Wikimedia Commons. Illustrative: it does not show the property or event described.

Source: 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.

Send this pageText it Email ithttps://yovan-gabric.ca/news/story/toronto-price-low

Oakville Town Square with its street clock, flags and brick buildings on a sunny day

Rates & policy · October 22, 2026Bank of Canada increasingly expected to raise interest rates this monthCBC reports that markets now price a quarter-point Bank of Canada hike on 28 October as likely, and that several major bank economists have moved from expecting a hold to expecting a hike. It pairs that with weak buyer demand: CREA has cut its 2026 sales forecast again, and an analyst quoted calls national sales volume a 25-year low.CBC News

Stacked townhouses in northwest Oakville

Pre-construction · October 16, 2026CMHC releases September housing startsCMHC says it will publish September starts on 16 October at 8:15 a.m. ET. August’s annualized pace was 229,046 units, barely changed from 229,360 in July, and CMHC expects the trend to keep drifting down toward year-end. Starts are the early signal for how many new homes reach the market in two to four years.CMHC (release schedule stated in its August 2026 release)

The lighthouse-style building at Bronte Harbour, Oakville, with boats behind it

Market data · October 16, 2026CREA quarterly forecast updateCREA’s quarterly forecast update is listed for Friday 16 October. Last year the national September sales figures came out in mid-October alongside it, so they may arrive together.CREA

Summaries are independently written; the source is credited and linked where a link exists. Not financial, mortgage, tax or legal advice. Not intended to solicit buyers or sellers currently under contract with another brokerage. Yovan Gabric, REALTOR®, Royal LePage Pinnacle, Brokerage, independently owned and operated. E. & O.E.

A straightforward first conversation

Let’s look at the complete picture.

Tell me where you are in the process. We’ll discuss the property, the market, and the questions that matter most to you.

Book a consultation

Toronto home prices fall to a six-year low, 28% below peak

More on this.

Let’s look at the complete picture.